ULS Q4 2023 Earnings — UL Solutions Inc. Revenue & Financial Results | Market Cap Arena

ULSUL Solutions Inc.

$16B

Q4 2023 Earnings

Industrials Specialty Business Services

Income Statement

Revenue

$684M+8.7% YoY

Gross Profit

$317M46.3% margin

Operating Income

$87M12.7% margin

Net Income

$58M8.5% margin

EPS (Diluted)

$0.29

QoQ Revenue Growth

+1.2%

Cash Flow

Operating Cash Flow

$126M

Free Cash Flow

$67M

Stock-Based Comp.

$11M

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	$684M	$629M	+8.7%
Gross Profit	$317M	$312M	+1.6%
Operating Income	$87M	$92M	-5.4%
Net Income	$58M	$78M	-25.6%