UL Solutions Inc
For the period ended Dec 31, 2024. Filed Feb 20, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 20, 2025
ULS$81.19+3.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
UL Solutions Inc.
Consolidated Statements of Operations
Consolidated Statements of Operations
| Year Ended December 31, | |||
|---|---|---|---|
| (in millions, except per share data) | 2024 | 2023 | 2022 |
| Revenue | $2,870 | $2,678 | $2,520 |
| Cost of revenue | 1,477 | 1,398 | 1,313 |
| Selling, general and administrative expenses | 931 | 875 | 795 |
| Goodwill impairment | — | 37 | — |
| Operating income | 462 | 368 | 412 |
| Interest expense | (55) | (35) | (17) |
| Other income (expense), net | 8 | 13 | (12) |
| Income before income taxes | 415 | 346 | 383 |
| Income tax expense | 70 | 70 | 74 |
| Net income | 345 | 276 | 309 |
| Less: net income attributable to non-controlling interests | 19 | 16 | 16 |
| Net income attributable to stockholders of UL Solutions | $326 | $260 | $293 |
| Earnings per common share: | |||
| Basic | $1.63 | $1.30 | $1.47 |
| Diluted | $1.62 | $1.30 | $1.47 |
| Weighted average common shares outstanding: | |||
| Basic | 200 | 200 | 200 |
| Diluted | 201 | 200 | 200 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.