Name: UL Solutions Inc. (ULS) Financial Statements
Creator: FinSpry

UL Solutions Income Statement Analysis

Revenue, earnings, and profit margins in billions USD

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UL Solutions Inc. income statement - Annual data in billions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	2.87	2.68	2.52	2.52	2.30
Cost of Revenue	1.48	1.40	1.31	1.34	1.27
Gross Profit	1.39	1.28	1.21	1.18	1.03
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	0.93	0.88	0.83	0.92	0.70
Operating Expenses	0.93	0.88	0.83	0.92	0.70
Operating Income	0.46	0.41	0.38	0.26	0.33
Other Income/Expense
Interest Income	0.00	0.01	0.00	0.01	0.00
Interest Expense	0.06	0.04	-0.02	0.00	0.00
Other Income/Expense	0.00	-0.04	0.01	0.00	0.00
Income
Income Before Tax	0.42	0.35	0.38	0.27	0.33
Income Tax Expense	0.07	0.07	0.07	0.04	0.09
Net Income	0.33	0.26	0.29	0.22	0.23
Net Income - Continuous Operations	0.35	0.28	0.31	0.24	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00
EBITDA	0.64	0.54	0.47	0.35	0.43
EBIT	0.47	0.38	0.38	0.26	0.33
Depreciation & Amortization	0.17	0.15	0.09	0.10	0.10
Earnings Per Share
Basic EPS	2.00	1.00	1.00	6.00	-
Diluted EPS	2.00	1.00	1.00	6.00	-
Basic Shares Outstanding	0.20	0.20	0.20	0.04	0.00
Diluted Shares Outstanding	0.20	0.20	0.20	0.04	0.00