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UL Solutions Inc. Class A (ULS)
NYSE:ULS
RESEARCH TOOLSreports
Earnings Data
Report Date
May 26, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.32Last Year’s EPS
0.28Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 20, 2025
|% Change Since: -4.62%
|Next Earnings Date:May 26, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a strong performance in 2024 with significant revenue growth and strategic expansions. Despite potential headwinds from tariff-related activity and currency fluctuations, the company's robust financial health and strategic investments position it well for continued growth.Company Guidance
During the UL Solutions Fourth Quarter 2024 Earnings Call, CEO Jenny Scanlon and CFO Ryan Robinson presented a robust financial performance for the year, with key metrics highlighting substantial growth. UL Solutions reported a 7.2% increase in revenues, reaching $2.9 billion, and an 8.7% rise on an organic basis compared to 2023. The Industrial segment led the way with a 9.4% growth, including 11.9% organically, while the Consumer segment saw a growth of 5.6%, with 6.9% on an organic basis. The Software & Advisory segment experienced a 5% growth, with 4.4% organically. Adjusted EBITDA grew by 16.5%, with a margin expansion of 190 basis points, and adjusted net income rose by 18.8%, resulting in $287 million of free cash flow. Moreover, the company executed strategic capital allocation, including $237 million in capital expenditures and $100 million in dividends, while maintaining an investment-grade balance sheet. Looking forward, UL anticipates mid-single-digit organic revenue growth and an adjusted EBITDA margin of approximately 24% for 2025, driven by ongoing industry megatrends such as the global energy transition and digitalization.Record Revenue Growth
UL Solutions delivered revenues of $2.9 billion in 2024, up 7.2% versus 2023 and 8.7% on an organic basis. The Industrial segment led with 9.4% growth, including an 11.9% organic increase.
Strong Financial Performance
Adjusted EBITDA for the full year grew 16.5%, with a margin expansion of 190 basis points. Adjusted net income increased by 18.8%, and free cash flow was $287 million for the year.
Successful IPO and Strategic Acquisitions
UL Solutions completed its IPO in April and a follow-on offering in September. The company made strategic acquisitions, including BatterieIngenieure and TesTneT, to support global energy transition efforts.
Continued Expansion and Investment
Opened a state-of-the-art battery testing lab in Auburn Hills, Michigan, expanded capacity in Mexico, and announced plans for an advanced automotive testing center in Korea. $237 million was reinvested in capital expenditures.
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ULS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ULS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 20, 2025 | $55.58 | $54.01 | -2.82% |
| Nov 05, 2024 | $51.84 | $51.42 | -0.81% |
| Jul 31, 2024 | $45.68 | $50.30 | +10.11% |
| May 20, 2024 | $36.91 | $37.70 | +2.14% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does UL Solutions Inc. Class A (ULS) report earnings?
UL Solutions Inc. Class A (ULS) is schdueled to report earning on May 26, 2025, TBA Not Confirmed.
What is UL Solutions Inc. Class A (ULS) earnings time?
UL Solutions Inc. Class A (ULS) earnings time is at May 26, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ULS EPS forecast?
ULS EPS forecast for the fiscal quarter 2025 (Q1) is 0.32.
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