UL Solutions Inc. (ULS) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

$75.46 +4.23% NYSE • Public Delayed / 60s Snapshot

UL Solutions Inc. (ULS) earns a Roarable Rating of B (Buy) with 73/100 RQD Confidence. High-quality cash engine (50% profit margin, 28% return on capital) with steady institutional support. Even if the broader market gets choppy, the company’s underlying cash engine and big-money support put the odds in buyers’ favor.

ROARABLE B • BUY Cap $15.24B
INTERACTIVE SCENARIO DECK:
🛡️ Portfolio Crash X-Ray
RQD QUANT TACHOMETERBUY • B
025507510073
2-of-3 JEV AI Jury Bullish
Cash
SEC
Whale
5-PILLAR SNOWFLAKE RADARRw B- · Rk B+
Cash (20)Whales (10)SEC (16)Macro (15)CEO (12)
Each axis scored 0–20
12M PRICE TARGET CONE+6.7% Base Target
$113 Bull$81 Base$62 Bear
🔴 SUNDAY NIGHT PREP • 7:00 PM ET
WHALE OPTIONS TUG-OF-WAR:64% Call Buyers ($2.9M)
36% PutsMax Pain: $74.00
VISUAL REVENUE-TO-PROFIT SANKEY WATERFALL • FY 2025 (10-K)

How ULS Turns Every Dollar of Sales Into Real Bottom-Line Profit

Free Cash Flow:$403.0M (13.2% FCF Margin)
Revenue$3.05BGross Profit $1.51B (49.5%)Cost of Sales $1.54BOp Profit $522.0M (17.1%)OpEx (R&D/SG&A) $988.0MNet Profit$325.0M (10.6%)Tax/Other $197.0M

Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory

■ Revenue■ Net Profit■ Free Cash Flow
FY23
Rev $2.68B
FY24
Rev $2.87B
FY25
Rev $3.05B
Fiscal YearRevenueGross MarginOp MarginNet ProfitFree Cash FlowROIC %
FY 2025$3.05B49.5%17.1%$325.0M$403.0M28.3%
FY 2024$2.87B48.5%16.1%$326.0M$287.0M28.1%
FY 2023$2.68B44%13.7%$260.0M$346.5M5.7%
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Red-Light Warning Desk: How Pros Profit When Overhyped Stocks Crack (Featuring ULS)

  • ✓Live walkthrough of ULS's RQD Radar, SEC cash-conversion gap & downside levels
  • ✓3 asymmetric Bear/Hedge setups institutions use when 10-year yields stay elevated
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RQD INSIDER CLUB UPGRADE$49/YEAR
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ULS // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -17.38%⚡ TESTING RESISTANCE
2026-10-30O $76.00H $76.75L $74.21C $74.76VOL 766.5K
RES: $77.48SUP: $51.00SMA50: $70.67SMA200: $82.60
$110.6$97.78$84.91$72.04$59.18RES $77.48SUP $51.00$74.762026-04-302026-06-152026-07-312026-09-162026-10-30
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

ULS Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)
34.6%/yr Implied 5Y Growth

vs. +6.4% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on ULS today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for ULS. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for ULS today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

ULS Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

How profitable is UL Solutions Inc. (ULS)?

In FY 2025 (10-K), ULS converted $3.1B of revenue into a 49.5% gross margin, 17.1% operating margin, and $403.0M in free cash flow (13.2% FCF margin).