ULS FY 2023 Earnings — UL Solutions Inc. Revenue & Financial Results | Market Cap Arena

ULSUL Solutions Inc.

$16B

FY 2023 Earnings

Industrials Specialty Business Services

Income Statement

Revenue

$2.7B+6.3% YoY

Gross Profit

$1.3B47.2% margin

Operating Income

$405M15.1% margin

Net Income

$260M9.7% margin

EPS (Diluted)

$1.30

Cash Flow

Operating Cash Flow

$467M

Free Cash Flow

$252M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.7B

Total Liabilities

$2.1B

Stockholders' Equity

$654M

Cash & Equivalents

$315M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.7B	$2.5B	+6.3%
Gross Profit	$1.3B	$1.2B	+4.8%
Operating Income	$405M	$412M	-1.7%
Net Income	$260M	$293M	-11.3%