UL Solutions reported a gross margin of 51.10% and a net margin of 31.13% for the quarter ended Jun 2026. These financial ratios cover 14 quarters of results from Mar 2023 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||||||
| Gross Margin | 46.74% | 48.91% | 49.11% | 46.93% | 47.61% | 50.14% | 48.97% | 47.23% | 48.23% | 49.23% | 50.32% | 49.68% | 50.26% | 51.10% |
| EBT Margin | 11.45% | 17.42% | 11.09% | 11.55% | 10.90% | 18.36% | 15.87% | 12.45% | 13.33% | 16.11% | 18.65% | 13.31% | 17.02% | 41.42% |
| EBIT Margin | 11.92% | 16.98% | 13.17% | 12.57% | 13.58% | 17.26% | 17.78% | 15.56% | 15.46% | 17.91% | 19.92% | 14.96% | 18.21% | 18.38% |
| EBITDA Margin | 11.92% | 16.98% | 13.17% | 12.57% | 13.58% | 17.26% | 17.78% | 15.56% | 15.46% | 17.91% | 19.92% | 14.96% | 18.21% | 18.38% |
| Operating Margin | 11.92% | 16.98% | 13.17% | 12.57% | 13.58% | 17.26% | 17.78% | 15.56% | 15.46% | 17.91% | 19.92% | 14.96% | 18.21% | 18.38% |
| Net Margin | 9.22% | 14.37% | 8.43% | 9.06% | 8.96% | 14.52% | 12.86% | 11.50% | 10.07% | 12.50% | 13.54% | 9.00% | 12.80% | 31.13% |
| FCF Margin | 15.58% | 1.31% | 11.54% | 9.80% | 12.54% | 6.44% | 11.49% | 9.74% | 14.61% | 13.53% | 13.92% | 10.90% | 19.79% | 11.15% |
| Efficiency | ||||||||||||||
| Assets AverageAssets Avg. | 2.78B | 2.78B | 2.81B | 2.84B | 2.84B | 2.90B | 2.91B | 2.91B | 2.94B | 3.04B | ||||
| Invested CapitalInvested Cap. | 1.58B | 1.56B | 1.60B | 1.73B | 1.72B | 1.64B | 1.72B | 1.76B | 1.78B | 1.69B | 1.92B | |||
| Asset Utilization RatioAsset Util. | 0.98 | 0.99 | 1.00 | 1.01 | 1.02 | 1.02 | 1.03 | 1.05 | 1.06 | 1.04 | ||||
| Leverage & Solvency | ||||||||||||||
| Interest Coverage RatioInterest Cover | 9.38 | 14.63 | 12.71 | 7.17 | 6.07 | 9.69 | 9.29 | 8.85 | 9.08 | 13.90 | 15.60 | 13.11 | 17.25 | 30.00 |
| Debt Ratio | 0.33 | 0.31 | 0.30 | 0.29 | 0.28 | 0.23 | 0.21 | 0.19 | 0.17 | 0.12 | 0.10 | |||
| Times Interest Earned | 9.38 | 14.63 | 12.71 | 7.17 | 6.07 | 9.69 | 9.29 | 8.85 | 9.08 | 13.90 | 15.60 | 13.11 | 17.25 | 30.00 |
| Dividends & Payouts | ||||||||||||||
| Dividend Coverage RatioDiv. Cover | 2.90 | 4.95 | 2.85 | 0.10 | 2.40 | 4.24 | 3.76 | 3.40 | 2.73 | 3.73 | 4.08 | 2.73 | 3.34 | 8.76 |
| FCF Payout RatioFCF Cover | 0.20 | 2.22 | 0.26 | 9.25 | 0.30 | 0.53 | 0.30 | 0.35 | 0.25 | 0.25 | 0.24 | 0.30 | 0.19 | 0.32 |
| Dividend YieldDiv. Yield | 0.30% | 0.25% | 0.25% | 0.23% | 0.18% | 0.18% | 0.16% | 0.17% | 0.14% | |||||
| Payout Ratio | 0.34 | 0.20 | 0.35 | 10.00 | 0.42 | 0.24 | 0.27 | 0.29 | 0.37 | 0.27 | 0.25 | 0.37 | 0.30 | 0.11 |
| Valuation | ||||||||||||||
| Price to EarningsP/E | 79.61 | 104.90 | 117.47 | 158.87 | 150.98 | 134.37 | 223.28 | 177.61 | 81.01 | |||||
| Price to SalesP/S | 11.56 | 13.49 | 13.51 | 16.00 | 18.87 | 18.19 | 20.09 | 22.73 | 25.22 | |||||
| Price to BookP/B | 10.74 | 11.01 | 10.72 | 11.46 | 13.16 | 11.67 | 12.25 | 12.89 | 12.70 | |||||
| Enterprise Value | 8.16B | 9.56B | 9.71B | 11.03B | 14.39B | 14.01B | 15.59B | 16.99B | 20.17B | |||||
| EV to EBIT | 64.76 | 73.52 | 84.47 | 101.17 | 103.55 | 89.84 | 132.12 | 123.09 | 134.44 | |||||
| EV to EBITDA | 64.76 | 73.52 | 84.47 | 101.17 | 103.55 | 89.84 | 132.12 | 123.09 | 134.44 | |||||
| Market Capitalization | 8.44B | 9.86B | 9.98B | 11.28B | 14.64B | 14.24B | 15.85B | 17.23B | 20.58B | |||||
| Price to FCFP/FCF | 179.54 | 117.39 | 138.68 | 109.51 | 139.47 | 130.67 | 184.34 | 114.85 | 226.11 | |||||
| EV to FCF | 173.62 | 113.78 | 134.91 | 107.06 | 137.07 | 128.58 | 181.28 | 113.24 | 221.61 | |||||
| EV to CFO | 79.23 | 63.72 | 74.72 | 71.60 | 97.91 | 90.42 | 108.26 | 77.56 | 126.04 | |||||
| Return Ratios | ||||||||||||||
| Return on Sales [ROS]ROS | 11.92% | 16.98% | 13.17% | 12.57% | 13.58% | 17.26% | 17.78% | 15.56% | 15.46% | 17.91% | 19.92% | 14.96% | 18.21% | 18.38% |
| Return on Capital Employed [ROCE]ROCE | 19.66% | 19.21% | 20.97% | 22.02% | 23.59% | 23.09% | 24.02% | 24.28% | 27.02% | 25.89% | ||||
| Return on Invested Capital [ROIC]ROIC | 19.52% | 19.60% | 20.86% | 22.25% | 23.33% | 23.86% | 23.40% | 21.59% | 23.28% | 22.87% | ||||
| Return on Assets [ROA]ROA | 10.01% | 10.25% | 11.46% | 12.15% | 12.54% | 11.97% | 12.34% | 11.86% | 12.63% | 17.39% |