UL Solutions Inc. Tangible Net Worth Ratio

Latest as of March 2026: 96.7%

UL Solutions Inc. tangible net worth ratio. UL Solutions Inc. (ULS) has a Tangible Net Worth Ratio of 96.7% as of March 2026. This metric is calculated by deducting intangible assets ($44.00 Million) from net assets ($1.34 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check UL Solutions Inc. (ULS) strategic investment index to assess the company's strategic physical and investment asset allocation.

Tangible NW Ratio

96.7%
Tangible equity / total equity

Net Assets (Equity)

$1.34 Billion
USD

Intangible Assets

$44.00 Million
Goodwill, patents, brand value

Total Assets

$2.96 Billion
USD

Tangible Net Worth Ratio of UL Solutions Inc. (2020–2025)

Tangible net worth ratio of UL Solutions Inc. from 2020 to 2025. This chart shows how UL Solutions Inc.'s Tangible Net Worth Ratio has changed across 6 annual periods from 2020 to 2025. As of March 2026, the ratio stands at 96.7%, reflecting net assets of $1.34 Billion with intangible assets of $44.00 Million USD. See ULS working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

UL Solutions Inc. Tangible Net Worth Ratio by Year (2020–2025)

UL Solutions Inc. tangible net worth ratio by year from 2020 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for UL Solutions Inc. from 2020 to 2025, covering 6 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see UL Solutions Inc. (ULS) market capitalisation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 88.2% $1.29 Billion $153.00 Million $2.92 Billion ▲ +8.0 pp
2024 80.1% $931.00 Million $185.00 Million $2.80 Billion ▲ +11.2 pp
2023 68.9% $678.00 Million $211.00 Million $2.74 Billion ▼ -12.6 pp
2022 81.4% $1.08 Billion $200.00 Million $2.72 Billion ▼ -10.2 pp
2021 91.6% $2.33 Billion $196.00 Million $3.66 Billion ▲ +0.8 pp
2020 90.8% $2.27 Billion $209.00 Million $3.55 Billion —
pp = percentage points