ULS Q3 2023 Earnings — UL Solutions Inc. Revenue & Financial Results | Market Cap Arena

ULSUL Solutions Inc.

$16B

Q3 2023 Earnings

Industrials Specialty Business Services

Income Statement

Revenue

$676M+8.5% YoY

Gross Profit

$332M49.1% margin

Operating Income

$127M18.8% margin

Net Income

$53M7.8% margin

EPS (Diluted)

$0.27

QoQ Revenue Growth

-1.9%

Cash Flow

Operating Cash Flow

$121M

Free Cash Flow

$78M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$1.6B

Stockholders' Equity

$1.2B

Cash & Equivalents

$457M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$676M	$623M	+8.5%
Gross Profit	$332M	$294M	+12.9%
Operating Income	$127M	$115M	+10.4%
Net Income	$53M	$70M	-24.3%