UL Solutions Inc. (ULS) — Free Cash Flow Generation Index
UL Solutions Inc. (ULS) has a Free Cash Flow Generation Index of 0.68x as of March 2026. Free cash flow of $150.00 Million represents 1% of operating cash flow ($219.00 Million). Explore ULS capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
UL Solutions Inc. Free Cash Flow Generation Index (2019–2025)
Historical FCF Generation Index trend for UL Solutions Inc. across 7 annual periods. For the full cash flow conversion analysis, see UL Solutions Inc. cash flow conversion.
Annual Free Cash Flow Generation for UL Solutions Inc. (2019–2025)
Year-by-year Free Cash Flow Generation Index for UL Solutions Inc.. Check ULS cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.67x | $403.00 Million | $600.00 Million | $197.00 Million | ▲ +22.6% |
| 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 | — |