UL Solutions Cash Flow Statement (2023-2025) | ULS

Cash Flow Statement Mar2023 Jun2023 Sep2023 Dec2023 Mar2024 Jun2024 Sep2024 Dec2024 Mar2025 Jun2025 Sep2025
Operating Activities
Net Income 58.00M99.00M57.00M62.00M60.00M106.00M94.00M85.00M71.00M97.00M106.00M
Share-based Compensation 6.00M10.00M7.00M8.00M13.00M15.00M
Deferred Taxes 11.00M14.00M-17.00M3.00M-3.00M-7.00M-1.00M5.00M1.00M4.00M
Gains from Investment Securities 10.00M16.00M19.00M12.00M9.00M20.00M27.00M10.00M16.00M24.00M29.00M
Cash from Operations 161.00M59.00M121.00M126.00M141.00M103.00M150.00M130.00M154.00M147.00M155.00M
Depreciation, Depletion & Amortization
Amortization of Goodwill 37.00M
Depreciation & Amortization (CF) 36.00M38.00M37.00M43.00M41.00M41.00M43.00M47.00M45.00M46.00M46.00M
Change in Working Capital
Change in Receivables 34.00M-47.00M-24.00M31.00M78.00M-45.00M-37.00M35.00M81.00M-55.00M-30.00M
Change in Account Payables -18.00M-1.00M20.00M-13.00M-7.00M1.00M32.00M-23.00M-4.00M4.00M
Change in Accured Expenses -61.00M-27.00M13.00M47.00M-98.00M24.00M47.00M34.00M-89.00M51.00M46.00M
Other Working Capital Changes 4.00M-5.00M4.00M1.00M-1.00M-2.00M-5.00M-1.00M-3.00M-2.00M-28.00M
Investing Activities
Capital Expenditures 63.00M50.00M43.00M59.00M57.00M56.00M66.00M58.00M51.00M42.00M46.00M
Acquisitions 17.00M16.00M
Divestments -1.00M
Change in Acquisitions & Divestments 51.00M65.00M28.00M14.00M
Cash from Investing Activities -75.00M-10.00M-33.00M-57.00M-57.00M-36.00M-82.00M-59.00M-50.00M-57.00M-76.00M
Financing Activities
Other financing activities 1.00M-2.00M-9.00M1.00M-3.00M-2.00M-2.00M-2.00M-1.00M
Cash from Financing Activities 10.00M-49.00M-36.00M-219.00M-49.00M-110.00M-43.00M-82.00M-135.00M-86.00M-93.00M
Dividend Payments
Dividends Paid - Common 20.00M20.00M20.00M620.00M25.00M25.00M25.00M25.00M26.00M26.00M26.00M
Additional items
Exchange Rate Effect -5.00M-8.00M8.00M-6.00M-6.00M7.00M-18.00M1.00M-3.00M
Change in Cash 96.00M-5.00M44.00M-142.00M29.00M-49.00M32.00M-29.00M-31.00M5.00M-17.00M
Free Cash Flow 98.00M9.00M78.00M67.00M84.00M47.00M84.00M72.00M103.00M105.00M109.00M
Net Cash Flow 96.00M52.00M-150.00M35.00M-43.00M25.00M-11.00M-31.00M4.00M-14.00M