Stocks · Industrials · Specialty Business Services
UL Solutions Inc. ULS
$65.99 -0.77% Close, Oct 2, 2026 · NYSE · Market cap $13.26B
High qualityLow risk
Next earnings report: Nov 3, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $2.47, up 52.5% year over year.
- Earnings beat analyst estimates in each of the last 9 quarters (average surprise over the last four: +16.0%).
- The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth58Neutral
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 44%
- EPS growth (TTM, YoY)Top 20%
- FCF growth (TTM, YoY)Top 42%
- Revenue growth, 3-year CAGRTop 41%
- Revenue growth accelerationBottom 29%
Quality97Exceptional
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 9%
- Gross marginTop 12%
- Operating marginTop 16%
- Cash conversion (OCF / net income)Bottom 41%
- Accruals (lower is better)Top 37%
- Net debt / EBITDA (lower is better)Top 22%
- Interest coverTop 13%
Value61Neutral
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 33%
- Free-cash-flow yieldTop 50%
- EBITDA / enterprise valueTop 37%
- Sales / enterprise valueBottom 25%
- P/E vs own 5-year history (lower is better)Top 28%
Momentum24Very weak
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 46%
- 6-month returnBottom 17%
- 1-year return vs S&P 500Bottom 37%
- Distance from 52-week highBottom 30%
- Trend checklist (0–4)Bottom 15%
Revisions92Exceptional
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 27%
- Consecutive EPS beatsTop 12%
- Share of analysts rating BuyTop 43%
- Upside to consensus price targetTop 28%
Stability87Strong
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 44%
- Maximum drawdown, 3 yearsTop 30%
- Beta vs S&P 500 (lower is better)Top 7%
- Net debt / EBITDA (lower is better)Top 22%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 6.9% | 6.6% | ↓ |
| EPS growth (YoY) | 1.8% | 52.5% | ↑ |
| Gross margin | 48.3% | 50.2% | ↑ |
| Operating margin | 16.7% | 17.9% | ↑ |
| FCF margin | 12.3% | 13.9% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 6.6% | 6.9% | ↓ | Bottom 44% |
| EPS growth (TTM, YoY) | 52.5% | 1.8% | ↑ | Top 20% |
| Gross margin | 50.2% | 48.3% | ↑ | Top 12% |
| Operating margin | 17.9% | 16.7% | ↑ | Top 16% |
| Net margin | 16.0% | 11.1% | ↑ | — |
| Free-cash-flow margin | 13.9% | 12.3% | ↑ | — |
| Return on invested capital | 17.7% | — | Top 9% | |
| Revenue growth, 3-year CAGR | 6.6% | — | Top 41% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.35×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -5.6%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 1.9%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +3.0 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 0.12×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 17.6×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.83%
- Net buyback yield (TTM)
- -0.10%
- Shareholder yield
- 0.73%
- Share count change, 1 year
- +0.5%
- Share count change, 3-year CAGR
- +0.7%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 4, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 9
- Beats in the last 8 reports
- 8 of 8
- Average EPS surprise, last 4
- +16.0%
- Average 2-day reaction, last 8
- +3.3%
- Positive 20 days after report
- 5 of 8
Analysts
- Consensus price target
- $98.50
- Target vs current price
- +49.3%
- Analysts with a rating
- 8
- Share rating Buy or Strong Buy
- 63%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 4, 2026 | +5.4% | -14.0% | -14.3% | -18.2% | — |
| May 5, 2026 | +21.1% | +16.2% | +8.5% | +8.5% | +2.3% |
| Feb 19, 2026 | +19.0% | +16.0% | +15.1% | +21.3% | +41.2% |
| Nov 4, 2025 | +18.6% | +10.6% | +10.6% | +13.0% | -10.7% |
| Aug 5, 2025 | +10.6% | -11.5% | -9.3% | -12.3% | +11.0% |
| May 6, 2025 | +17.4% | +12.3% | +17.3% | +16.9% | +21.9% |
| Feb 20, 2025 | +28.9% | -2.8% | -3.9% | -3.2% | +27.8% |
| Nov 5, 2024 | +12.8% | -0.8% | -0.7% | +2.1% | +2.7% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 4, 2026 | $0.59 | $0.56 | +5.4% | $816.0M |
| May 5, 2026 | $0.50 | $0.41 | +21.1% | $758.0M |
| Feb 19, 2026 | $0.53 | $0.45 | +19.0% | $789.0M |
| Nov 4, 2025 | $0.56 | $0.47 | +18.6% | $783.0M |
| Aug 5, 2025 | $0.52 | $0.47 | +10.6% | $776.0M |
| May 6, 2025 | $0.37 | $0.32 | +17.4% | $705.0M |
| Feb 20, 2025 | $0.49 | $0.38 | +28.9% | $739.0M |
| Nov 5, 2024 | $0.44 | $0.39 | +12.8% | $731.0M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 26.7× | 33.1× | 33th | Top 33% |
| P/E (forward) | 28.5× | — | — | — |
| EV / EBITDA | 13.7× | — | — | Top 37% |
| EV / Sales | 4.25× | — | — | Bottom 25% |
| Free-cash-flow yield | 3.29% | — | — | Top 50% |
| Earnings yield | 3.74% | — | — | Top 33% |
P/E over the past five years
Range 23.4× – 61.3× since Dec 31, 2022. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -6.7%
- Earnings per share growth (TTM)
- +52.5%
- Change in P/E multiple
- -20.5%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -11.1%
- 200-day average slope (20 days)
- -1.9%
- Distance from 50-day average
- -11.5%
- Distance from 200-day average
- -20.9%
- RSI (14)
- 36.3
- Relative volume
- 1.18×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 40.4%
- Volatility vs own 5-year history
- 71th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.42
- Correlation with S&P 500
- 0.18
- Current drawdown from 1-year high
- -37.1%
- Maximum drawdown, 3 years
- -39.0%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| May 6, 2026 | Sep 18, 2026 | -39.0% | 93 days | Not yet recovered |
| Nov 28, 2025 | Feb 12, 2026 | -24.3% | 51 days | 44 days (Apr 17, 2026) |
| Jul 30, 2025 | Aug 25, 2025 | -14.4% | 18 days | 29 days (Oct 6, 2025) |
| Aug 29, 2024 | Sep 10, 2024 | -13.7% | 7 days | 54 days (Nov 25, 2024) |
| Feb 13, 2025 | Mar 11, 2025 | -12.2% | 17 days | 15 days (Apr 1, 2025) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $13.26B
- P/E (TTM)
- 26.7
- EPS, diluted (TTM)
- $2.47
- Revenue (TTM)
- $3.15B
- Dividend yield
- 0.86%
- 52-week range
- $63.17 – $107.54
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $2.52B | $2.52B | $2.68B | $2.87B | $3.05B |
| Gross profit | $1.18B | $1.21B | $1.26B | $1.38B | $1.50B |
| Operating income | $287.0M | $412.0M | $405.0M | $462.0M | $522.4M |
| Net income | $224.0M | $293.0M | $260.0M | $326.0M | $325.0M |
| EPS (diluted) | $1.12 | $1.47 | $1.30 | $1.62 | $1.60 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $731.0M | $739.0M | $705.0M | $776.0M | $783.0M | $789.0M | $758.0M | $816.0M |
| Net income | $88.0M | $81.0M | $67.0M | $91.0M | $100.0M | $66.0M | $92.0M | $246.0M |
| EPS (diluted) | $0.44 | $0.40 | $0.33 | $0.45 | $0.49 | $0.32 | $0.45 | $1.21 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $421.0M | $372.0M | $467.0M | $524.0M | $600.0M |
| Capital expenditure | -$107.0M | -$164.0M | -$215.0M | -$237.0M | -$197.0M |
| Free cash flow | $314.0M | $208.0M | $252.0M | $287.0M | $403.0M |
| Dividends paid | -$200.0M | -$1.60B | -$680.0M | -$100.0M | -$104.0M |
| Net share buybacks | $0 | $0 | $0 | $0 | $0 |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $434.0M
- Total assets
- $3.12B
- Total liabilities
- $1.50B
- Total debt
- $551.0M
- Net debt
- $117.0M
- Shareholders’ equity
- $1.59B
As of Jun 30, 2026 (filed Aug 4, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 31, 2026 | $0.15 | Sep 10, 2026 |
| May 29, 2026 | $0.15 | Jun 8, 2026 |
| Mar 2, 2026 | $0.15 | Mar 12, 2026 |
| Nov 28, 2025 | $0.13 | Dec 8, 2025 |
| Aug 29, 2025 | $0.13 | Sep 8, 2025 |
| May 30, 2025 | $0.13 | Jun 9, 2025 |
| Feb 28, 2025 | $0.13 | Mar 10, 2025 |
| Nov 29, 2024 | $0.13 | Dec 9, 2024 |
Short interest
- Shares sold short
- 5,453,131
- Days to cover
- 8.63
- Change vs previous report
- +10.5%
FINRA short interest, settlement date Sep 15, 2026.