Earnings Summary

Ul Solutions Inc’s revenue jumped 5.95% since last year same period to $730Mn in the Q2 2024. On a quarterly growth basis, Ul Solutions Inc has generated 8.96% jump in its revenue since last 3-months.

Ul Solutions Inc’s net profit jumped 7.45% since last year same period to $101Mn in the Q2 2024. On a quarterly growth basis, Ul Solutions Inc has generated 80.36% jump in its net profits since last 3-months.

Ul Solutions Inc’s net profit margin jumped 1.41% since last year same period to 13.84% in the Q2 2024. On a quarterly growth basis, Ul Solutions Inc has generated 65.53% jump in its net profit margins since last 3-months.

Ul Solutions Inc’s price-to-earnings ratio after this Q2 2024 earnings stands at 36.45.

Ul Solutions Inc’s earning per share (EPS) estimates for the current quarter stand at 0.39 - a 39.29% jump from last quarter’s estimates.

Ul Solutions Inc’s earning per share (EPS) estimates for the current year stand at 0.39.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Ul Solutions Inc’s return on assets (ROA) stands at 0.09.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Ul Solutions Inc’s return on equity (ROE) stands at 0.29.

Ul Solutions Inc declared 0.13 dividend per share during the earnings announcement for Q2 2024.