UL Solutions Inc.
Close on Oct 19, 2026
- Market cap
- $14.89B
- P/E (TTM)
- 29.4
- Dividend yield
- 0.71%
About UL Solutions
Services-Testing Laboratories, SIC 8734
UL Solutions Inc. is a safety science company providing testing, inspection, and certification (TIC) services, alongside software, data, and advisory solutions. The company operates through three principal segments: Industrial, Consumer, and Software and Advisory. Its Industrial and Consumer segments conduct safety certification testing, ongoing compliance monitoring, and non-certification evaluations across sectors including energy, industrial automation, electronics, medical devices, retail, and emerging technologies. The Software and Advisory segment provides complementary digital platforms, such as ULTRUS, for supply chain transparency, chemical safety, and regulatory compliance. The company serves manufacturers, retailers, building and asset owners, and regulators seeking product market access and risk mitigation.
Headquartered in Northbrook, Illinois, the organization maintains a worldwide footprint. Its operational scale includes a global network of testing laboratories and offices, serving more than 80,000 customers across over 110 countries. The enterprise holds more than 650 technical accreditations and supports testing and certification against more than 4,000 global standards.
Summary of the business section of UL Solutions's latest annual report, written by StockData.
Company profile
Company
- Legal name
- UL Solutions Inc.
- Founded
- 1894
- Headquarters
- Northbrook, IL
- Address
- 333 Pfingsten Road 60062
- Phone
- (847) 272-8800
- Website
- ir.ul.com
- Employees
- 14,587, Dec 31, 2025
- Industry
- Services-Testing Laboratories
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- PricewaterhouseCoopers LLP, Chicago, Illinois
Stock & identifiers
- Ticker
- ULS
- Exchange
- NYSE
- IPO date
- Apr 15, 2024
- Shares outstanding
- 202M, Jul 24, 2026
- Public float
- $4.52B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1901440
- CUSIP
- 903731107
- ISIN
- US9037311076
- LEI
- 549300F7CUV5ESKV9P71
- EIN
- 27-0913800
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Jennifer F. Scanlon | President and CEO, Director | 228,509 |
| Linda S. Chapin | EVP & CHRO | 23,529 |
| Ryan D. Robinson | Executive VP & CFO | 166,514 |
| Alberto Uggetti | EVP & CCO | 7,962 |
| Karen K. Pepping | Senior VP & CAO | 8,082 |
| John A. Genovesi | See Remarks | 31,112 |
| Gitte Schjotz | See Remarks | 59,341 |
| Alex Dadakis | See Remarks | 5,035 |
| Scott D'Angelo | EVP, CLO & Corporate Secy | 2,876 |
| Lynn H. Hancock | See Remarks | 21,904 |
| Weifang Zhou | See Remarks | 46,361 |
| Vikram Kini | Director | 2,805 |
| Charles W. Hooper | Director | 357 |
| Kevin Kennedy | Director | 35,714 |
| James P. Dollive | Director | 79,160 |
| George A. Williams | Director | 8,928 |
| Michael H. Thaman | Director | 16,660 |
| James M. Shannon | Director | 6,542 |
| Friedrich Hecker | Director | 13,180 |
| Sally Susman | Director | 3,571 |
| Marla C. Gottschalk | Director | 71,428 |
| Elisabeth Torstad | Director | 3,571 |
| Lisa Marie Lambert | Director | 5,770 |
| Frank J. Coyne | Director | 112,069 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Ms. Scanlon | $15.31M | $56.50M | $3.25M | $229 | $126 |
| FY2024 Ms. Scanlon | $18.12M | $43.14M | $3.70M | $144 | $109 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had a total of 14,587 full-time employees and 264 part-time employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Aug 6, 2025 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Apr 15, 2024 | IPO | Initial public offering priced (424B4 prospectus) |
| Apr 11, 2024 | Listing | Registration of securities on an exchange (Form 8-A) |
| May 18, 2022 | Name change | Name changed from UL Inc. to UL Solutions Inc. |