ULS Q3 2024 Earnings — UL Solutions Inc. Revenue & Financial Results | Market Cap Arena

ULSUL Solutions Inc.

$16B

Q3 2024 Earnings

Industrials Specialty Business Services

Income Statement

Revenue

$731M+8.1% YoY

Gross Profit

$358M49.0% margin

Operating Income

$130M17.8% margin

Net Income

$88M12.0% margin

EPS (Diluted)

$0.44

QoQ Revenue Growth

+0.1%

Cash Flow

Operating Cash Flow

$150M

Free Cash Flow

$84M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$2.9B

Total Liabilities

$2.0B

Stockholders' Equity

$872M

Cash & Equivalents

$327M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$731M	$676M	+8.1%
Gross Profit	$358M	$332M	+7.8%
Operating Income	$130M	$127M	+2.4%
Net Income	$88M	$53M	+66.0%

Revenue Segments

Software

$67M100%