UL Solutions Past Earnings Performance
Past criteria checks 2/6
UL Solutions has been growing earnings at an average annual rate of 4.7%, while the Professional Services industry saw earnings growing at 11% annually. Revenues have been growing at an average rate of 3.8% per year. UL Solutions's return on equity is 40.7%, and it has net margins of 9.7%.
Key information
4.7%
Earnings growth rate
-11.3%
EPS growth rate
| Professional Services Industry Growth | 11.0% |
| Revenue growth rate | 3.8% |
| Return on equity | 40.7% |
| Net Margin | 9.7% |
| Next Earnings Update | 20 May 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How UL Solutions makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 2,678 | 260 | 883 | 0 |
| 30 Sep 23 | 2,623 | 280 | 867 | 0 |
| 30 Jun 23 | 2,570 | 297 | 853 | 0 |
| 31 Mar 23 | 2,526 | 263 | 837 | 0 |
| 31 Dec 22 | 2,520 | 293 | 813 | 0 |
| 30 Sep 22 | 2,540 | 285 | 796 | 0 |
| 31 Mar 22 | 2,564 | 268 | 911 | 0 |
| 31 Dec 21 | 2,517 | 224 | 922 | 0 |
| 31 Dec 20 | 2,301 | 231 | 700 | 0 |
| 31 Dec 19 | 2,315 | 246 | 723 | 0 |
Quality Earnings: ULS has high quality earnings.
Growing Profit Margin: ULS's current net profit margins (9.7%) are lower than last year (11.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ULS's earnings have grown by 4.7% per year over the past 5 years.
Accelerating Growth: ULS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ULS had negative earnings growth (-11.3%) over the past year, making it difficult to compare to the Professional Services industry average (2.5%).
Return on Equity
High ROE: Whilst ULS's Return on Equity (40.71%) is outstanding, this metric is skewed due to their high level of debt.