UL Solutions Inc. (ULS) stock
ULSNYSEServices-Testing LaboratoriesFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Nov 3, 2026Score 15/3034% above fair value
$81.55−0.03 (-0.04%)
Close on Nov 12, 2026Market cap $16.46BP/E 32.9Yield 0.64%
UL Solutions operating margin
Operating margin is operating income as a percentage of revenue.
UL Solutions's operating margin for the twelve months ending Jun 30, 2026 was 17.9%. For fiscal 2025 it was 17.1%, against 16.1% the year before.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 17.1% | +1.0 |
| FY2024 | Dec 31, 2024 | 16.1% | +2.4 |
| FY2023 | Dec 31, 2023 | 13.7% | −2.6 |
| FY2022 | Dec 31, 2022 | 16.3% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | 18.4% | +0.5 |
| Q1 FY2026 | Mar 31, 2026 | 18.2% | +2.7 |
| Q4 FY2025 | Dec 31, 2025 | 15.0% | −0.6 |
| Q3 FY2025 | Sep 30, 2025 | 19.9% | +2.1 |
| Q2 FY2025 | Jun 30, 2025 | 17.9% | +0.7 |
| Q1 FY2025 | Mar 31, 2025 | 15.5% | +1.9 |
| Q4 FY2024 | Dec 31, 2024 | 15.6% | +3.0 |
| Q3 FY2024 | Sep 30, 2024 | 17.8% | +4.6 |
| Q2 FY2024 | Jun 30, 2024 | 17.3% | +0.3 |
| Q1 FY2024 | Mar 31, 2024 | 13.6% | +1.7 |
| Q4 FY2023 | Dec 31, 2023 | 12.6% | – |
| Q3 FY2023 | Sep 30, 2023 | 13.2% | – |
| Q2 FY2023 | Jun 30, 2023 | 17.0% | – |
| Q1 FY2023 | Mar 31, 2023 | 11.9% | – |
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