UL SOLUTIONS INC - CLASS A (ULS) Stock Fundamental Analysis

NYSE:ULS • US9037311076

81.135 USD
+0.45 (+0.55%)
Last: Feb 25, 2026, 12:48 PM
Fundamental Rating

6

We assign a fundamental rating of 6 out of 10 to ULS. ULS was compared to 88 industry peers in the Professional Services industry. ULS has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. ULS is valied quite expensively at the moment, while it does show a decent growth rate. These ratings could make ULS a good candidate for quality investing.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • In the past year ULS was profitable.
  • In the past year ULS had a positive cash flow from operations.
  • ULS had positive earnings in each of the past 5 years.
  • ULS had a positive operating cash flow in each of the past 5 years.
ULS Yearly Net Income VS EBIT VS OCF VS FCFULS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2021 2022 2023 2024 2025 100M 200M 300M 400M 500M

1.2 Ratios

  • With an excellent Return On Assets value of 11.13%, ULS belongs to the best of the industry, outperforming 85.23% of the companies in the same industry.
  • ULS's Return On Equity of 25.75% is fine compared to the rest of the industry. ULS outperforms 78.41% of its industry peers.
  • ULS has a better Return On Invested Capital (20.17%) than 90.91% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for ULS is above the industry average of 12.91%.
  • The last Return On Invested Capital (20.17%) for ULS is above the 3 year average (17.79%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 11.13%
ROE 25.75%
ROIC 20.17%
ROA(3y)10.76%
ROA(5y)9.83%
ROE(3y)33.86%
ROE(5y)27.81%
ROIC(3y)17.79%
ROIC(5y)15.42%
ULS Yearly ROA, ROE, ROICULS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2021 2022 2023 2024 2025 10 20 30

1.3 Margins

  • The Profit Margin of ULS (10.65%) is better than 77.27% of its industry peers.
  • ULS's Profit Margin has declined in the last couple of years.
  • ULS has a Operating Margin of 18.24%. This is amongst the best in the industry. ULS outperforms 81.82% of its industry peers.
  • In the last couple of years the Operating Margin of ULS has grown nicely.
  • ULS has a Gross Margin of 49.46%. This is in the better half of the industry: ULS outperforms 69.32% of its industry peers.
  • In the last couple of years the Gross Margin of ULS has remained more or less at the same level.
Industry RankSector Rank
OM 18.24%
PM (TTM) 10.65%
GM 49.46%
OM growth 3Y3.72%
OM growth 5YN/A
PM growth 3Y-2.9%
PM growth 5YN/A
GM growth 3Y1.08%
GM growth 5YN/A
ULS Yearly Profit, Operating, Gross MarginsULS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2021 2022 2023 2024 2025 10 20 30 40

7

2. Health

2.1 Basic Checks

  • ULS has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
  • ULS has more shares outstanding than it did 1 year ago.
  • Compared to 1 year ago, ULS has an improved debt to assets ratio.
ULS Yearly Shares OutstandingULS Yearly Shares OutstandingYearly Shares Outstanding 2021 2022 2023 2024 2025 50M 100M 150M 200M
ULS Yearly Total Debt VS Total AssetsULS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2021 2022 2023 2024 2025 1B 2B 3B

2.2 Solvency

  • ULS has an Altman-Z score of 7.86. This indicates that ULS is financially healthy and has little risk of bankruptcy at the moment.
  • ULS's Altman-Z score of 7.86 is amongst the best of the industry. ULS outperforms 90.91% of its industry peers.
  • ULS has a debt to FCF ratio of 1.22. This is a very positive value and a sign of high solvency as it would only need 1.22 years to pay back of all of its debts.
  • ULS's Debt to FCF ratio of 1.22 is fine compared to the rest of the industry. ULS outperforms 75.00% of its industry peers.
  • A Debt/Equity ratio of 0.39 indicates that ULS is not too dependend on debt financing.
  • ULS has a Debt to Equity ratio (0.39) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.39
Debt/FCF 1.22
Altman-Z 7.86
ROIC/WACC2.36
WACC8.54%
ULS Yearly LT Debt VS Equity VS FCFULS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2021 2022 2023 2024 2025 500M 1B 1.5B 2B

2.3 Liquidity

  • ULS has a Current Ratio of 1.32. This is a normal value and indicates that ULS is financially healthy and should not expect problems in meeting its short term obligations.
  • ULS has a Current ratio of 1.32. This is comparable to the rest of the industry: ULS outperforms 40.91% of its industry peers.
  • A Quick Ratio of 1.32 indicates that ULS should not have too much problems paying its short term obligations.
  • With a Quick ratio value of 1.32, ULS perfoms like the industry average, outperforming 40.91% of the companies in the same industry.
  • The current and quick ratio evaluation for ULS is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
Industry RankSector Rank
Current Ratio 1.32
Quick Ratio 1.32
ULS Yearly Current Assets VS Current LiabilitesULS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2021 2022 2023 2024 2025 500M 1B 1.5B

5

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an nice 15.43% over the past year.
  • Measured over the past 5 years, ULS shows a small growth in Earnings Per Share. The EPS has been growing by 3.00% on average per year.
  • The Revenue has been growing slightly by 6.38% in the past year.
  • ULS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.60% yearly.
EPS 1Y (TTM)15.43%
EPS 3Y3%
EPS 5YN/A
EPS Q2Q%32.5%
Revenue 1Y (TTM)6.38%
Revenue growth 3Y6.6%
Revenue growth 5YN/A
Sales Q2Q%6.77%

3.2 Future

  • Based on estimates for the next years, ULS will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.46% on average per year.
  • ULS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.79% yearly.
EPS Next Y11.1%
EPS Next 2Y12.97%
EPS Next 3Y15.33%
EPS Next 5Y15.46%
Revenue Next Year5.56%
Revenue Next 2Y5.72%
Revenue Next 3Y5.74%
Revenue Next 5Y5.79%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
ULS Yearly Revenue VS EstimatesULS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2021 2022 2023 2024 2025 2026 2027 2028 2029 1B 2B 3B
ULS Yearly EPS VS EstimatesULS Yearly EPS VS EstimatesYearly EPS VS Estimates 2024 2025 2026 2027 2028 2029 1 2 3

2

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 43.39, which means the current valuation is very expensive for ULS.
  • Based on the Price/Earnings ratio, ULS is valued a bit more expensive than the industry average as 63.64% of the companies are valued more cheaply.
  • ULS's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.98.
  • Based on the Price/Forward Earnings ratio of 39.05, the valuation of ULS can be described as expensive.
  • Based on the Price/Forward Earnings ratio, ULS is valued a bit more expensive than 62.50% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 28.01. ULS is valued slightly more expensive when compared to this.
Industry RankSector Rank
PE 43.39
Fwd PE 39.05
ULS Price Earnings VS Forward Price EarningsULS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • ULS's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. ULS is more expensive than 61.36% of the companies in the same industry.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as ULS.
Industry RankSector Rank
P/FCF 40.47
EV/EBITDA 22.03
ULS Per share dataULS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ULS does not grow enough to justify the current Price/Earnings ratio.
  • ULS has an outstanding profitability rating, which may justify a higher PE ratio.
  • ULS's earnings are expected to grow with 15.33% in the coming years. This may justify a more expensive valuation.
PEG (NY)3.91
PEG (5Y)N/A
EPS Next 2Y12.97%
EPS Next 3Y15.33%

3

5. Dividend

5.1 Amount

  • ULS has a yearly dividend return of 0.68%, which is pretty low.
  • ULS's Dividend Yield is a higher than the industry average which is at 1.66.
  • With a Dividend Yield of 0.68, ULS pays less dividend than the S&P500 average, which is at 1.81.
Industry RankSector Rank
Dividend Yield 0.68%

5.2 History

  • ULS has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
ULS Yearly Dividends per shareULS Yearly Dividends per shareYearly Dividends per share 2024 2025 2026 0.1 0.2 0.3 0.4 0.5

5.3 Sustainability

  • ULS pays out 32.00% of its income as dividend. This is a sustainable payout ratio.
DP32%
EPS Next 2Y12.97%
EPS Next 3Y15.33%
ULS Yearly Income VS Free CF VS DividendULS Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2021 2022 2023 2024 2025 100M 200M 300M 400M
ULS Dividend Payout.ULS Dividend Payout, showing the Payout Ratio.ULS Dividend Payout.PayoutRetained Earnings

UL SOLUTIONS INC - CLASS A

NYSE:ULS (2/25/2026, 12:48:56 PM)

81.135

+0.45 (+0.55%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)02-19
Earnings (Next)N/A
Inst Owners90.3%
Inst Owner Change10.59%
Ins Owners0.71%
Ins Owner Change-21.7%
Market Cap16.31B
Revenue(TTM)3.05B
Net Income(TTM)325.00M
Analysts78.67
Price Target94.1 (15.98%)
Short Float %4.28%
Short Ratio1.95
Dividend
Industry RankSector Rank
Dividend Yield 0.68%
Yearly Dividend0.52
Dividend Growth(5Y)N/A
DP32%
Div Incr Years0
Div Non Decr Years0
Ex-Date03-02
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)17.61%
Min EPS beat(2)16.61%
Max EPS beat(2)18.6%
EPS beat(4)3
Avg EPS beat(4)8.88%
Min EPS beat(4)-4.89%
Max EPS beat(4)18.6%
EPS beat(8)6
Avg EPS beat(8)9.99%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)0.21%
Min Revenue beat(2)-0.14%
Max Revenue beat(2)0.56%
Revenue beat(4)1
Avg Revenue beat(4)-0.22%
Min Revenue beat(4)-0.88%
Max Revenue beat(4)0.56%
Revenue beat(8)4
Avg Revenue beat(8)0.23%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-1.2%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.56%
EPS NY rev (1m)0.15%
EPS NY rev (3m)5.67%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.05%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.39%
Valuation
Industry RankSector Rank
PE 43.39
Fwd PE 39.05
P/S 5.34
P/FCF 40.47
P/OCF 27.18
P/B 12.92
P/tB 36
EV/EBITDA 22.03
EPS(TTM)1.87
EY2.3%
EPS(NY)2.08
Fwd EY2.56%
FCF(TTM)2
FCFY2.47%
OCF(TTM)2.98
OCFY3.68%
SpS15.19
BVpS6.28
TBVpS2.25
PEG (NY)3.91
PEG (5Y)N/A
Graham Number16.25
Profitability
Industry RankSector Rank
ROA 11.13%
ROE 25.75%
ROCE 25.78%
ROIC 20.17%
ROICexc 23.36%
ROICexgc 41.24%
OM 18.24%
PM (TTM) 10.65%
GM 49.46%
FCFM 13.2%
ROA(3y)10.76%
ROA(5y)9.83%
ROE(3y)33.86%
ROE(5y)27.81%
ROIC(3y)17.79%
ROIC(5y)15.42%
ROICexc(3y)20.8%
ROICexc(5y)19.39%
ROICexgc(3y)38.55%
ROICexgc(5y)37.76%
ROCE(3y)22.73%
ROCE(5y)19.7%
ROICexgc growth 3Y1.02%
ROICexgc growth 5YN/A
ROICexc growth 3Y6.2%
ROICexc growth 5YN/A
OM growth 3Y3.72%
OM growth 5YN/A
PM growth 3Y-2.9%
PM growth 5YN/A
GM growth 3Y1.08%
GM growth 5YN/A
F-Score7
Asset Turnover1.05
Health
Industry RankSector Rank
Debt/Equity 0.39
Debt/FCF 1.22
Debt/EBITDA 0.66
Cap/Depr 104.79%
Cap/Sales 6.45%
Interest Coverage 13.93
Cash Conversion 80.54%
Profit Quality 124%
Current Ratio 1.32
Quick Ratio 1.32
Altman-Z 7.86
F-Score7
WACC8.54%
ROIC/WACC2.36
Cap/Depr(3y)127.4%
Cap/Depr(5y)115.8%
Cap/Sales(3y)7.58%
Cap/Sales(5y)6.7%
Profit Quality(3y)102.99%
Profit Quality(5y)104.03%
High Growth Momentum
Growth
EPS 1Y (TTM)15.43%
EPS 3Y3%
EPS 5YN/A
EPS Q2Q%32.5%
EPS Next Y11.1%
EPS Next 2Y12.97%
EPS Next 3Y15.33%
EPS Next 5Y15.46%
Revenue 1Y (TTM)6.38%
Revenue growth 3Y6.6%
Revenue growth 5YN/A
Sales Q2Q%6.77%
Revenue Next Year5.56%
Revenue Next 2Y5.72%
Revenue Next 3Y5.74%
Revenue Next 5Y5.79%
EBIT growth 1Y20.56%
EBIT growth 3Y10.57%
EBIT growth 5YN/A
EBIT Next Year57.62%
EBIT Next 3Y24.33%
EBIT Next 5Y21.5%
FCF growth 1Y40.42%
FCF growth 3Y24.67%
FCF growth 5YN/A
OCF growth 1Y14.5%
OCF growth 3Y17.27%
OCF growth 5YN/A

UL SOLUTIONS INC - CLASS A / ULS FAQ

What is the ChartMill fundamental rating of UL SOLUTIONS INC - CLASS A (ULS) stock?

ChartMill assigns a fundamental rating of 6 / 10 to ULS.


What is the valuation status for ULS stock?

ChartMill assigns a valuation rating of 2 / 10 to UL SOLUTIONS INC - CLASS A (ULS). This can be considered as Overvalued.


What is the profitability of ULS stock?

UL SOLUTIONS INC - CLASS A (ULS) has a profitability rating of 8 / 10.


How financially healthy is UL SOLUTIONS INC - CLASS A?

The financial health rating of UL SOLUTIONS INC - CLASS A (ULS) is 7 / 10.


Is the dividend of UL SOLUTIONS INC - CLASS A sustainable?

The dividend rating of UL SOLUTIONS INC - CLASS A (ULS) is 3 / 10 and the dividend payout ratio is 32%.