ULS Q4 2024 Earnings — UL Solutions Inc. Revenue & Financial Results | Market Cap Arena

ULSUL Solutions Inc.

$16B

Q4 2024 Earnings

Industrials Specialty Business Services

Income Statement

Revenue

$739M+8.0% YoY

Gross Profit

$350M47.4% margin

Operating Income

$115M15.6% margin

Net Income

$81M11.0% margin

EPS (Diluted)

$0.40

QoQ Revenue Growth

+1.1%

Cash Flow

Operating Cash Flow

$130M

Free Cash Flow

$72M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$1.9B

Stockholders' Equity

$904M

Cash & Equivalents

$298M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$739M	$684M	+8.0%
Gross Profit	$350M	$317M	+10.4%
Operating Income	$115M	$87M	+32.2%
Net Income	$81M	$58M	+39.7%

Revenue Segments

Software

$71M100%