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

USA • New York Stock Exchange • NYSE:ULS • US9037311076

71.49 USD
+2.15 (+3.1%)
At close: Feb 6, 2026
71.49 USD
0 (0%)
After Hours: 2/6/2026, 8:09:47 PM
Fundamental Rating

6

Taking everything into account, ULS scores 6 out of 10 in our fundamental rating. ULS was compared to 89 industry peers in the Professional Services industry. Both the health and profitability get an excellent rating, making ULS a very profitable company, without any liquidiy or solvency issues. ULS is valied quite expensively at the moment, while it does show a decent growth rate. With these ratings, ULS could be worth investigating further for quality investing!.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • ULS had positive earnings in the past year.
  • ULS had a positive operating cash flow in the past year.
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 100M 200M 300M 400M 500M

1.2 Ratios

  • ULS's Return On Assets of 11.70% is amongst the best of the industry. ULS outperforms 86.52% of its industry peers.
  • Looking at the Return On Equity, with a value of 28.42%, ULS belongs to the top of the industry, outperforming 85.39% of the companies in the same industry.
  • ULS's Return On Invested Capital of 19.67% is amongst the best of the industry. ULS outperforms 92.13% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for ULS is significantly above the industry average of 12.01%.
  • The last Return On Invested Capital (19.67%) for ULS is above the 3 year average (17.03%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 11.7%
ROE 28.42%
ROIC 19.67%
ROA(3y)10.64%
ROA(5y)N/A
ROE(3y)34.54%
ROE(5y)N/A
ROIC(3y)17.03%
ROIC(5y)N/A
ULS Yearly ROA, ROE, ROICULS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2021 2022 2023 2024 10 20 30

1.3 Margins

  • ULS's Profit Margin of 11.29% is amongst the best of the industry. ULS outperforms 80.90% of its industry peers.
  • In the last couple of years the Profit Margin of ULS has grown nicely.
  • The Operating Margin of ULS (17.28%) is better than 83.15% of its industry peers.
  • ULS's Operating Margin has improved in the last couple of years.
  • ULS has a better Gross Margin (48.88%) than 65.17% of its industry peers.
  • ULS's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 17.28%
PM (TTM) 11.29%
GM 48.88%
OM growth 3Y12.18%
OM growth 5YN/A
PM growth 3Y8.47%
PM growth 5YN/A
GM growth 3Y1.19%
GM growth 5YN/A
ULS Yearly Profit, Operating, Gross MarginsULS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2021 2022 2023 2024 10 20 30 40

7

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), ULS is creating value.
  • The number of shares outstanding for ULS remains at a similar level compared to 1 year ago.
  • The debt/assets ratio for ULS has been reduced compared to a year ago.
ULS Yearly Shares OutstandingULS Yearly Shares OutstandingYearly Shares Outstanding 2021 2022 2023 2024 50M 100M 150M
ULS Yearly Total Debt VS Total AssetsULS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2021 2022 2023 2024 1B 2B 3B

2.2 Solvency

  • ULS has an Altman-Z score of 6.99. This indicates that ULS is financially healthy and has little risk of bankruptcy at the moment.
  • ULS's Altman-Z score of 6.99 is amongst the best of the industry. ULS outperforms 93.26% of its industry peers.
  • ULS has a debt to FCF ratio of 1.40. This is a very positive value and a sign of high solvency as it would only need 1.40 years to pay back of all of its debts.
  • ULS's Debt to FCF ratio of 1.40 is fine compared to the rest of the industry. ULS outperforms 75.28% of its industry peers.
  • A Debt/Equity ratio of 0.46 indicates that ULS is not too dependend on debt financing.
  • ULS's Debt to Equity ratio of 0.46 is in line compared to the rest of the industry. ULS outperforms 51.69% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.46
Debt/FCF 1.4
Altman-Z 6.99
ROIC/WACC2.26
WACC8.69%
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 500M 1B 1.5B 2B

2.3 Liquidity

  • A Current Ratio of 1.33 indicates that ULS should not have too much problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 1.33, ULS is in line with its industry, outperforming 46.07% of the companies in the same industry.
  • ULS has a Quick Ratio of 1.33. This is a normal value and indicates that ULS is financially healthy and should not expect problems in meeting its short term obligations.
  • ULS's Quick ratio of 1.33 is in line compared to the rest of the industry. ULS outperforms 46.07% of its industry peers.
  • ULS does not score too well on the current and quick ratio evaluation. However, as it has 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 1.33
Quick Ratio 1.33
ULS Yearly Current Assets VS Current LiabilitesULS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2021 2022 2023 2024 500M 1B 1.5B

5

3. Growth

3.1 Past

  • ULS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.00%, which is quite good.
  • ULS shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 13.14% yearly.
  • Looking at the last year, ULS shows a small growth in Revenue. The Revenue has grown by 6.68% in the last year.
  • Measured over the past years, ULS shows a small growth in Revenue. The Revenue has been growing by 4.47% on average per year.
EPS 1Y (TTM)11%
EPS 3Y13.14%
EPS 5YN/A
EPS Q2Q%27.27%
Revenue 1Y (TTM)6.68%
Revenue growth 3Y4.47%
Revenue growth 5YN/A
Sales Q2Q%7.11%

3.2 Future

  • ULS is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.45% yearly.
  • ULS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.95% yearly.
EPS Next Y16.05%
EPS Next 2Y13.25%
EPS Next 3Y13.79%
EPS Next 5Y15.45%
Revenue Next Year6.58%
Revenue Next 2Y6.07%
Revenue Next 3Y6.01%
Revenue Next 5Y5.95%

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 stable.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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

  • With a Price/Earnings ratio of 41.09, ULS can be considered very expensive at the moment.
  • Based on the Price/Earnings ratio, ULS is valued a bit more expensive than the industry average as 60.67% of the companies are valued more cheaply.
  • ULS's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.93.
  • The Price/Forward Earnings ratio is 34.41, which means the current valuation is very expensive for ULS.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of ULS indicates a slightly more expensive valuation: ULS is more expensive than 60.67% of the companies listed in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 27.77. ULS is valued slightly more expensive when compared to this.
Industry RankSector Rank
PE 41.09
Fwd PE 34.41
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

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as ULS.
  • ULS's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 36.92
EV/EBITDA 20.84
ULS Per share dataULS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • ULS has an outstanding profitability rating, which may justify a higher PE ratio.
  • A more expensive valuation may be justified as ULS's earnings are expected to grow with 13.79% in the coming years.
PEG (NY)2.56
PEG (5Y)N/A
EPS Next 2Y13.25%
EPS Next 3Y13.79%

2

5. Dividend

5.1 Amount

  • ULS has a yearly dividend return of 0.75%, which is pretty low.
  • ULS's Dividend Yield is a higher than the industry average which is at 1.43.
  • With a Dividend Yield of 0.75, ULS pays less dividend than the S&P500 average, which is at 1.81.
Industry RankSector Rank
Dividend Yield 0.75%

5.2 History

  • ULS is new to the dividend game and has less than 3 years of 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 0.1 0.2 0.3 0.4 0.5

5.3 Sustainability

  • ULS pays out 30.38% of its income as dividend. This is a sustainable payout ratio.
DP30.38%
EPS Next 2Y13.25%
EPS Next 3Y13.79%
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 100M 200M 300M
ULS Dividend Payout.ULS Dividend Payout, showing the Payout Ratio.ULS Dividend Payout.PayoutRetained Earnings

UL SOLUTIONS INC - CLASS A

NYSE:ULS (2/6/2026, 8:09:47 PM)

After market: 71.49 0 (0%)

71.49

+2.15 (+3.1%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)11-04
Earnings (Next)02-19
Inst Owners90.3%
Inst Owner Change-1.54%
Ins Owners0.71%
Ins Owner Change-21.7%
Market Cap14.36B
Revenue(TTM)3.00B
Net Income(TTM)339.00M
Analysts78.67
Price Target92.16 (28.91%)
Short Float %4.69%
Short Ratio1.84
Dividend
Industry RankSector Rank
Dividend Yield 0.75%
Yearly Dividend0.5
Dividend Growth(5Y)N/A
DP30.38%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)6.86%
Min EPS beat(2)-4.89%
Max EPS beat(2)18.6%
EPS beat(4)3
Avg EPS beat(4)6.14%
Min EPS beat(4)-4.89%
Max EPS beat(4)18.6%
EPS beat(8)N/A
Avg EPS beat(8)N/A
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)0.07%
Min Revenue beat(2)-0.42%
Max Revenue beat(2)0.56%
Revenue beat(4)2
Avg Revenue beat(4)-0.01%
Min Revenue beat(4)-0.88%
Max Revenue beat(4)0.71%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
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)0%
PT rev (3m)25.08%
EPS NQ rev (1m)0.56%
EPS NQ rev (3m)2.86%
EPS NY rev (1m)-1.02%
EPS NY rev (3m)5.67%
Revenue NQ rev (1m)0.05%
Revenue NQ rev (3m)-0.15%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)0.39%
Valuation
Industry RankSector Rank
PE 41.09
Fwd PE 34.41
P/S 4.78
P/FCF 36.92
P/OCF 24.51
P/B 12.04
P/tB 38.3
EV/EBITDA 20.84
EPS(TTM)1.74
EY2.43%
EPS(NY)2.08
Fwd EY2.91%
FCF(TTM)1.94
FCFY2.71%
OCF(TTM)2.92
OCFY4.08%
SpS14.95
BVpS5.94
TBVpS1.87
PEG (NY)2.56
PEG (5Y)N/A
Graham Number15.25
Profitability
Industry RankSector Rank
ROA 11.7%
ROE 28.42%
ROCE 24.15%
ROIC 19.67%
ROICexc 22.32%
ROICexgc 39.29%
OM 17.28%
PM (TTM) 11.29%
GM 48.88%
FCFM 12.95%
ROA(3y)10.64%
ROA(5y)N/A
ROE(3y)34.54%
ROE(5y)N/A
ROIC(3y)17.03%
ROIC(5y)N/A
ROICexc(3y)20.31%
ROICexc(5y)N/A
ROICexgc(3y)39.69%
ROICexgc(5y)N/A
ROCE(3y)20.91%
ROCE(5y)N/A
ROICexgc growth 3Y4.96%
ROICexgc growth 5YN/A
ROICexc growth 3Y10.95%
ROICexc growth 5YN/A
OM growth 3Y12.18%
OM growth 5YN/A
PM growth 3Y8.47%
PM growth 5YN/A
GM growth 3Y1.19%
GM growth 5YN/A
F-Score8
Asset Turnover1.04
Health
Industry RankSector Rank
Debt/Equity 0.46
Debt/FCF 1.4
Debt/EBITDA 0.77
Cap/Depr 107.07%
Cap/Sales 6.56%
Interest Coverage 11.8
Cash Conversion 83.36%
Profit Quality 114.75%
Current Ratio 1.33
Quick Ratio 1.33
Altman-Z 6.99
F-Score8
WACC8.69%
ROIC/WACC2.26
Cap/Depr(3y)132.96%
Cap/Depr(5y)N/A
Cap/Sales(3y)7.6%
Cap/Sales(5y)N/A
Profit Quality(3y)85.32%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)11%
EPS 3Y13.14%
EPS 5YN/A
EPS Q2Q%27.27%
EPS Next Y16.05%
EPS Next 2Y13.25%
EPS Next 3Y13.79%
EPS Next 5Y15.45%
Revenue 1Y (TTM)6.68%
Revenue growth 3Y4.47%
Revenue growth 5YN/A
Sales Q2Q%7.11%
Revenue Next Year6.58%
Revenue Next 2Y6.07%
Revenue Next 3Y6.01%
Revenue Next 5Y5.95%
EBIT growth 1Y19.86%
EBIT growth 3Y17.2%
EBIT growth 5YN/A
EBIT Next Year63.24%
EBIT Next 3Y25.18%
EBIT Next 5Y20.45%
FCF growth 1Y13.89%
FCF growth 3Y-2.95%
FCF growth 5YN/A
OCF growth 1Y12.21%
OCF growth 3Y7.57%
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 2 / 10 and the dividend payout ratio is 30.38%.