UL Solutions Inc. (ULS) — Cash Flow-to-Debt Ratio
UL Solutions Inc. (ULS) has a Cash Flow-to-Debt Ratio of 0.14x as of March 2026, meaning its operating cash flow of $219.00 Million could theoretically repay 0% of its total liabilities ($1.62 Billion) in one year. See financial agility of UL Solutions Inc. to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
UL Solutions Inc. Cash Flow-to-Debt Ratio (2020–2025)
Historical debt coverage capacity for UL Solutions Inc. across 6 annual periods. For the full cash flow conversion analysis, see ULS cash generation efficiency.
Annual Cash Flow-to-Debt Ratio for UL Solutions Inc. (2020–2025)
Year-by-year debt coverage analysis for UL Solutions Inc.. Check UL Solutions Inc. earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.37x | $600.00 Million | $1.63 Billion | ▲ +31.5% |
| 2024 | 0.28x | $524.00 Million | $1.87 Billion | ▲ +23.6% |
| 2023 | 0.23x | $467.00 Million | $2.06 Billion | ▲ +0.2% |
| 2022 | 0.23x | $372.00 Million | $1.64 Billion | ▼ -28.5% |
| 2021 | 0.32x | $421.00 Million | $1.33 Billion | ▼ -16.9% |
| 2020 | 0.38x | $487.00 Million | $1.28 Billion | — |