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). Read total liabilities of UL Solutions Inc. for a breakdown of total debt and financial obligations.
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. Explore ULS capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for UL Solutions Inc. (2019–2025)
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 |
|---|---|---|---|---|---|
| 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 | — |