Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI SWOT - About
UL Solutions Inc. (ULS)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
08/14/2025: ULS (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
11 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $71.27
1 Year Target Price $71.27
| 4 | Strong Buy |
| 2 | Buy |
| 4 | Hold |
| 1 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -15.72% | Avg. Invested days 28 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 13.43B USD | Price to earnings Ratio 41.26 | 1Y Target Price 71.27 |
Price to earnings Ratio 41.26 | 1Y Target Price 71.27 | ||
Volume (30-day avg) 11 | Beta - | 52 Weeks Range 46.48 - 74.15 | Updated Date 08/15/2025 |
52 Weeks Range 46.48 - 74.15 | Updated Date 08/15/2025 | ||
Dividends yield (FY) 0.72% | Basic EPS (TTM) 1.62 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Revenue by Geography
Earnings Date
Report Date 2025-08-05 | When - | Estimate 0.473 | Actual 0.52 |
Profitability
Profit Margin 11.08% | Operating Margin (TTM) 17.78% |
Management Effectiveness
Return on Assets (TTM) 10.77% | Return on Equity (TTM) 36.55% |
Valuation
Trailing PE 41.26 | Forward PE 38.91 | Enterprise Value 13960005549 | Price to Sales(TTM) 4.55 |
Enterprise Value 13960005549 | Price to Sales(TTM) 4.55 | ||
Enterprise Value to Revenue 4.73 | Enterprise Value to EBITDA 21.25 | Shares Outstanding 62752800 | Shares Floating 61887969 |
Shares Outstanding 62752800 | Shares Floating 61887969 | ||
Percent Insiders 1.33 | Percent Institutions 114.67 |
Upturn AI SWOT
UL Solutions Inc.
Company Overview
History and Background
UL Solutions Inc., formerly known as Underwriters Laboratories, was founded in 1894. It has evolved from a fire prevention organization to a global safety science company. UL became a public company via IPO in May 2024.
Core Business Areas
- Testing, Inspection, and Certification (TIC): This segment is the core of UL Solutions. It involves testing products to relevant safety, security, sustainability, and performance standards, inspecting facilities to ensure compliance, and certifying products that meet those standards.
- Software and Advisory: This segment offers software solutions and advisory services to help companies manage risk, improve compliance, and enhance sustainability. Offerings include supply chain visibility tools and regulatory compliance software.
Leadership and Structure
Jennifer Scanlon serves as the President and CEO of UL Solutions. The company operates with a global organizational structure, including regional offices and testing facilities around the world. Board includes large institutional investors.
Top Products and Market Share
Key Offerings
- Product Safety Testing and Certification: UL tests and certifies a wide range of products from electrical appliances to building materials to ensure they meet safety standards. Market share information is difficult to pinpoint exactly as there are many different areas and products being tested and certified. Competitors include Intertek, SGS, and Bureau Veritas.
- Performance Testing: UL evaluates product performance against industry benchmarks, helping manufacturers demonstrate product quality and differentiation. Market share information is difficult to pinpoint exactly. Competitors include Intertek, SGS, and Bureau Veritas.
- Cybersecurity Testing: UL assesses the cybersecurity of products and systems, helping companies identify and mitigate vulnerabilities. Market share information is difficult to pinpoint exactly. Competitors include Intertek, SGS, and Bureau Veritas.
Market Dynamics
Industry Overview
The TIC (Testing, Inspection and Certification) industry is experiencing growth driven by increasing globalization, stricter regulations, and a growing focus on product safety and quality.
Positioning
UL Solutions is a leading player in the TIC industry, known for its brand reputation, technical expertise, and global reach. They are positioned well to profit from increasingly complex global regulations and requirements.
Total Addressable Market (TAM)
The global TIC market is estimated to be in the hundreds of billions of dollars and is expected to continue to grow. UL Solutions is positioned to capture a significant portion of this TAM through its broad range of services and global presence.
Upturn SWOT Analysis
Strengths
- Strong brand recognition and reputation
- Global presence and reach
- Extensive technical expertise
- Broad range of services
- Long-standing relationships with customers
Weaknesses
- Potential for commoditization of some services
- Dependence on regulatory changes
- Keeping up with rapidly evolving technology.
Opportunities
- Expanding into new geographic markets
- Developing new services to address emerging needs
- Acquiring smaller competitors
- Increased focus on sustainability and ESG initiatives
- Growth in cybersecurity testing and certification
Threats
- Increased competition from lower-cost providers
- Economic downturns affecting demand
- Changes in regulations
- Technological disruptions
Competitors and Market Share
Key Competitors
- Intertek (ITRK.L)
- SGS SA (SGSN.SW)
- Bureau Veritas (BVI.PA)
Competitive Landscape
UL Solutions has advantages due to its brand recognition and global presence, but faces competition from companies like Intertek, SGS, and Bureau Veritas. The advantage for UL Solutions is its very long history.
Major Acquisitions
Future acquisitions will be posted as they are available in financial filings.
- Year: 0
- Acquisition Price (USD millions): 0
- Strategic Rationale: N/A
Growth Trajectory and Initiatives
Historical Growth: Historical growth data is unavailable due to the recent IPO.
Future Projections: Future growth is projected to be driven by the increasing demand for TIC services, especially in areas like cybersecurity and sustainability.
Recent Initiatives: Recent initiatives include expansion into new markets, development of new services, and acquisitions.
Summary
UL Solutions is a well-established player in the TIC industry with a strong brand and global presence. While their financial performance is now visible after their recent IPO, they are facing growing competition. The key will be effectively managing these competitive pressures while capitalizing on opportunities in emerging markets and new service areas. As of the recent IPO the company looks to be on sound footing for continued growth. Given the strong long term outlook of the TIC business and barriers to entry, UL Solutions has a strong position to succeed long term.
Peer Comparison
Sources and Disclaimers
Data Sources:
- UL Solutions Investor Relations
- Company Filings
- Industry Reports
- Market Data
- Analyst Reports
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. Market data is subject to change. Projections are based on current estimates and assumptions, which are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About UL Solutions Inc.
Exchange NYSE | Headquaters Northbrook, IL, United States | ||
IPO Launch date 2024-04-12 | President, CEO & Director Ms. Jennifer F. Scanlon | ||
Sector Industrials | Industry Specialty Business Services | Full time employees 14813 | Website https://www.ul.com |
Full time employees 14813 | Website https://www.ul.com | ||
UL Solutions Inc., together with its subsidiaries, provides testing, inspection and certification, and related software and advisory services worldwide. It operates through three segments: Industrial, Consumer, and Software and Advisory. The Industrial segment provides testing, inspection, and certification services across various end markets, including energy, industrial automation, engineered materials, and built environment, as well as stakeholders, such as manufacturers, building and asset owners, end users, and regulators. The Consumer segment offers safety certification testing, ongoing certification, global market access, testing for connectivity, performance and quality, and critical systems advisory and training services, as well as product market acceptance and risk mitigation services for customers in the consumer products end markets comprising consumer electronics, medical devices, information technologies, appliances, HVAC, lighting, and retail, as well as consumer applications, such as new mobility, smart products, and 5G. The Software and Advisory segment provide software and technical advisory services that enable customers to manage regulatory requirements, deliver supply chain transparency, and operationalize sustainability. It offers ULTRUS, a software that helps customers meet regulatory, supply chain, and sustainability challenges. UL Solutions Inc. was formerly known as UL Inc. and changed its name to UL Solutions Inc. in June 2022. The company was founded in 1894 and is headquartered in Northbrook, Illinois. UL Solutions Inc. is a subsidiary of ULSE Inc.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.