81.19
+3.23%
Close of 9 Nov 2026, in USD
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About UL Solutions
From its filings with the US Securities and Exchange Commission
UL Solutions is based in Northbrook, Illinois and is incorporated in Delaware. Its shares trade on NYSE under the ticker ULS. The SEC classifies its business as testing laboratories. In the fiscal year to 31 December 2025, it reported revenue of $3.05bn and net income of $325.0m. At that date it held total assets of $2.92bn and shareholders' equity of $1.26bn.
UL Solutions Inc. (together with its consolidated subsidiaries, “UL Solutions”, the “Company”, “we”, “our”, and “us”) is a global safety science leader that provides Testing, Inspection and Certification (“TIC”) services and related software and advisory offerings to customers worldwide. We work for a safer world. Our mission drives our actions, inspires our employees and is the key to our success. We strive to be our customers’ most trusted science-based safety, security and sustainability partner. Our history dates back to our founding in 1894 as part of the nonprofit Underwriters Electrical Bureau, a predecessor to Underwriters Laboratories Inc. (“UL Research Institutes”), UL Standards & Engagement and UL Solutions. UL Research Institutes is the sole member of UL Standards & Engagement, which controls the majority of the voting power of our common stock.
As the largest TIC services provider headquartered in North America (by revenue) with a global network of laboratories, we provided a comprehensive set of product safety, security and sustainability solutions to more than 80,000 customers across over 110 countries in 2025. Our distinguished heritage and our long history of operating at the forefront of safety science enables us to achieve and maintain more than 650 technical accreditations and 76 commercial software solutions, and to remain active in over 1,200 standards panels and technical committees globally, which underpins the expertise we offer to our customers.
Quoted from its 10-K, filed 19 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Industrials
- Industry
- Professional Services
- Listed since
- 12 Apr 2024
- Employees
- 14,587
- Head office
- 333 PFINGSTEN ROAD, NORTHBROOK, IL, 60062
- Incorporated in
- DE
- Classification
- Services-Testing Laboratories
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Mr. James ShannonIndependent Chairman of the Board$411,248
- Ms. Jennifer ScanlonPresident, Chief Executive Officer, Director, since 2019$18.1m
- Mr. Ryan RobinsonChief Financial Officer, Executive Vice President$4.8m
- Ms. Gitte SchjotzExecutive Vice President, Chief Business Operations and Innovation Officer, Principal Operating Officer, since 2025$3.1m
- Ms. Linda ChapinChief Human Resources Officer, Executive Vice President
- Mr. Alex DadakisExecutive Vice President, President - Testing, Inspection and Certification
- Mr. Scott D'AngeloExecutive Vice President, Chief Legal Officer
- Mr. John GenovesiExecutive Vice President, President of Software and Advisory$2.2m
- Ms. Lynn HancockExecutive Vice President, Chief Transformation Officer
- Mr. Alberto UggettiExecutive Vice President, Chief Commercial Officer
- Mr. Francis CoyneIndependent Director$318,239
- Mr. James DolliveIndependent Director$316,248
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- UL Solutions Inc. provides global TIC services meeting international safety standards for industrial products.
- Industrial segment addresses energy, automation, and materials end markets with comprehensive TIC solutions.
- Consumer segment offers market acceptance services for electronics, medical devices, and IT products worldwide.
Weaknesses
- UL Solutions Inc. has limited presence in emerging markets compared to competitors in Professional Services.
- The company's reliance on industrial and consumer segments may expose it to economic downturns in those sectors.
- S&A segment's software solutions face competition from established IT firms in the market.
Opportunities
- Growing demand for cybersecurity standards in industrial automation presents new TIC service opportunities.
- Expansion into emerging markets like India and Southeast Asia could increase market share in Consumer segment.
- S&A segment can leverage AI to enhance advisory solutions for sustainability and safety compliance.
Threats
- Regulatory changes in the EU could increase compliance costs for global TIC services.
- Rising competition from global TIC firms in the US and Asia may reduce market share.
- Economic instability in key industrial markets like Germany and Japan could impact revenue growth.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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