ULSUL Solutions Inc.

$16B

Q1 2024 Earnings

Industrials Specialty Business Services

Income Statement

Revenue

$670M+6.5% YoY

Gross Profit

$319M47.6% margin

Operating Income

$91M13.6% margin

Net Income

$56M8.4% margin

EPS (Diluted)

$0.28

QoQ Revenue Growth

-2.0%

Cash Flow

Operating Cash Flow

$141M

Free Cash Flow

$84M

Stock-Based Comp.

-$1M

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$2.1B

Stockholders' Equity

$671M

Cash & Equivalents

$344M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$670M	$629M	+6.5%
Gross Profit	$319M	$294M	+8.5%
Operating Income	$91M	$75M	+21.3%
Net Income	$56M	$55M	+1.8%

Revenue Segments

Software

$67M100%

ULS Q1 2024 Earnings — UL Solutions Inc. Revenue & Financial Results | Market Cap Arena