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UL Solutions

Verified

FY2025 · Official Full Year Results & 10-K

$3.1B

Revenue

25.9%

Adj. EBITDA Margin

14,851

Employees

+6.4%

Revenue Growth

+6.2%

Organic Growth

Source

Key Performance Indicators

UL Solutions · FY2025 verified data

$3.1B

Revenue

+6.4% YoY

25.9%

Adj. EBITDA Margin

Operating efficiency

$792M

Adj. EBITDA

25.9% margin

$345M

Net Profit

$600M

Operating Cash Flow

14,851

Employees

Income Cascade

From Revenue down through each profit metric · UL Solutions · FY2025

Revenue vs Peers

All TIC competitors · FY2025 · Click a peer bar to see quick stats

#8 of 10

UL Solutions ranks #8 of 10 by revenue. The market leader is DNV, generating 11.6× more revenue.

Operating Margin vs Peers

Best available margin metric per company · FY2025 · Dashed line = 15% industry benchmark · Click a peer bar to see quick stats

#1 of 6

UL Solutions has the highest margin in the peer set at 25.9%, signalling exceptional operational efficiency.

Revenue Growth Comparison

Reported growth vs organic growth · FY2025 · Current company highlighted

Reported Growth
Organic Growth

UL Solutions ranks #2 of 8 for revenue growth at +6.4%. The fastest-growing peer is TÜV Rheinland.

Free Cash Flow vs Peers

Reported or adjusted FCF · FY2025 · Click a peer bar to see quick stats

Workforce Scale vs Peers

Employee headcount · FY2025 · Click a peer bar to see quick stats

#9 of 10

Competitive Profile Radar

UL Solutions scored against the best-in-class peer in each dimension · FY2025

Each axis = score relative to best-performing peer (100 = top of set)

Margin Breakdown

All disclosed margin metrics · UL Solutions · FY2025

Adj. EBITDA Margin25.9%
0%Industry benchmark: 15%30%

Financial Statement

UL Solutions · FY2025 · Official Full Year Results & 10-K

Income & Cash Flow Summary

Revenue

$3,053M

EBITDA

25.9% of revenue

$792M

Net Profit

11.3% of revenue

$345M

Operating Cash Flow

19.7% of revenue

$600M

Intelligence Highlights

Key strategic and financial signals derived from disclosed data

Adjusted EBITDA margin of 25.9% is the highest in the competitive set — UL Solutions' software and certification mix commands premium margins.

Organic growth of 6.2% demonstrates the highest quality revenue growth, with minimal acquisition contribution.

Revenue per employee of ~$205K is the highest in the set, reflecting a premium advisory and software model.

As a recently-IPO'd company, UL Solutions faces public market scrutiny not applicable to private TIC peers.

Data Source Attribution

PeriodFY2025
TypeOfficial Full Year Results & 10-K
VerifiedYes — official source