ULS
Income statement / Annual
Last year (2023), UL Solutions Inc.'s total revenue was $2.68 B,
an increase of 6.27% from the previous year.
In 2023, UL Solutions Inc.'s net income was $260.00 M.
See UL Solutions Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
| Operating Revenue |
$2.68 B
|
$2.52 B
|
$2.52 B
|
$2.30 B
|
$2.32 B
|
| Cost of Revenue |
$1.41 B |
$1.31 B |
$1.34 B |
$1.27 B |
$1.28 B |
| Gross Profit |
$1.27 B |
$1.21 B |
$1.18 B |
$1.03 B |
$1.04 B |
| Gross Profit Ratio |
0.47 |
0.48 |
0.47 |
0.45 |
0.45 |
| Research and Development
Expenses |
$51.00 M
|
$43.00 M
|
$45.00 M
|
$0.00
|
$52.00 M
|
| General & Administrative
Expenses |
$8.00 M
|
$13.00 M
|
$19.00 M
|
$0.00
|
$0.00
|
| Selling & Marketing
Expenses |
$875.00 M
|
$795.00 M
|
$892.00 M
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$860.00 M
|
$795.00 M
|
$892.00 M
|
$668.00 M
|
$723.00 M
|
| Other Expenses |
$0.00 |
$5.00 M |
$2.00 M |
$0.00 |
$0.00 |
| Operating Expenses |
$860.00 M |
$795.00 M |
$892.00 M |
$668.00 M |
$715.00 M |
| Cost And Expenses |
$2.31 B |
$2.11 B |
$2.23 B |
$1.94 B |
$2.00 B |
| Interest Income |
$12.00 M |
$1.00 M |
$7.00 M |
$0.00 |
$1.00 M |
| Interest Expense |
$35.00 M |
$17.00 M |
$1.00 M |
$1.00 M |
$0.00 |
| Depreciation &
Amortization |
$154.00 M
|
$135.00 M
|
$142.00 M
|
$147.00 M
|
$96.00 M
|
| EBITDA |
$535.00 M
|
$535.00 M
|
$417.00 M
|
$481.00 M
|
$408.00 M
|
| EBITDA Ratio |
0.2 |
0.22 |
0.17 |
0.22 |
0.18 |
| Operating Income Ratio
|
0.14
|
0.16
|
0.11
|
0.16
|
0.13
|
| Total Other
Income/Expenses Net |
-$22.00 M
|
-$29.00 M
|
-$13.00 M
|
-$30.00 M
|
$7.00 M
|
| Income Before Tax |
$346.00 M |
$383.00 M |
$274.00 M |
$333.00 M |
$319.00 M |
| Income Before Tax Ratio
|
0.13
|
0.15
|
0.11
|
0.14
|
0.14
|
| Income Tax Expense |
$70.00 M |
$74.00 M |
$36.00 M |
$90.00 M |
$62.00 M |
| Net Income |
$260.00 M |
$293.00 M |
$224.00 M |
$231.00 M |
$246.00 M |
| Net Income Ratio |
0.1 |
0.12 |
0.09 |
0.1 |
0.11 |
| EPS |
1.3 |
1.47 |
1.12 |
1.16 |
1.23 |
| EPS Diluted |
1.3 |
1.47 |
1.12 |
1.16 |
1.23 |
| Weighted Average Shares
Out |
$200.00 M
|
$200.00 M
|
$200.00 M
|
$200.00 M
|
$200.00 M
|
| Weighted Average Shares
Out Diluted |
$200.00 M
|
$200.00 M
|
$200.00 M
|
$200.00 M
|
$200.00 M
|
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