UL Solutions Inc. (ULS) — Free Cash Flow Generation Index
UL Solutions Inc. (ULS) has a Free Cash Flow Generation Index of 0.70x as of September 2025. Free cash flow of $109.00 Million represents 1% of operating cash flow ($155.00 Million). See ULS working capital ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
UL Solutions Inc. Free Cash Flow Generation Index (2019–2024)
Historical FCF Generation Index trend for UL Solutions Inc. across 6 annual periods. Explore ULS operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for UL Solutions Inc. (2019–2024)
Year-by-year Free Cash Flow Generation Index for UL Solutions Inc.. For the full company profile including market capitalisation, see ULS market cap overview.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.55x | $287.00 Million | $524.00 Million | $237.00 Million | ▲ +1.5% |
| 2023 | 0.54x | $252.00 Million | $467.00 Million | $215.00 Million | ▼ -3.5% |
| 2022 | 0.56x | $208.00 Million | $372.00 Million | $164.00 Million | ▼ -25.0% |
| 2021 | 0.75x | $314.00 Million | $421.00 Million | $107.00 Million | ▼ -1.3% |
| 2020 | 0.76x | $368.00 Million | $487.00 Million | $119.00 Million | ▲ +23.1% |
| 2019 | 0.61x | $237.00 Million | $386.00 Million | $149.00 Million | — |