UL Solutions Past Earnings Performance
Past criteria checks 6/6
UL Solutions has been growing earnings at an average annual rate of 3.9%, while the Professional Services industry saw earnings growing at 10.9% annually. Revenues have been growing at an average rate of 4% per year. UL Solutions's return on equity is 35.9%, and it has net margins of 10.8%.
Key information
3.9%
Earnings growth rate
-46.2%
EPS growth rate
| Professional Services Industry Growth | 11.0% |
| Revenue growth rate | 4.0% |
| Return on equity | 35.9% |
| Net Margin | 10.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
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 |
|---|---|---|---|---|
| 30 Sep 24 | 2,815 | 303 | 935 | 0 |
| 30 Jun 24 | 2,760 | 268 | 912 | 0 |
| 31 Mar 24 | 2,719 | 261 | 892 | 0 |
| 31 Dec 23 | 2,678 | 260 | 883 | 0 |
| 30 Sep 23 | 2,623 | 280 | 872 | 0 |
| 30 Jun 23 | 2,570 | 297 | 847 | 0 |
| 31 Mar 23 | 2,526 | 263 | 831 | 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 (10.8%) are higher than last year (10.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ULS's earnings have grown by 3.9% per year over the past 5 years.
Accelerating Growth: ULS's earnings growth over the past year (8.2%) exceeds its 5-year average (3.9% per year).
Earnings vs Industry: ULS earnings growth over the past year (8.2%) exceeded the Professional Services industry 7.3%.
Return on Equity
High ROE: ULS's Return on Equity (35.9%) is considered high.