UL Solutions Inc. (ULS) - Total Assets
Based on the latest financial reports, UL Solutions Inc. (ULS) holds total assets worth $2.96 Billion USD as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
UL Solutions Inc. - Total Assets Trend (2020–2025)
This chart illustrates how UL Solutions Inc.'s total assets have evolved over time, based on quarterly financial data. Also see ULS market cap overview for the company's overall valuation and market capitalisation.
UL Solutions Inc. - Asset Composition Analysis
Current Asset Composition (December 2025)
UL Solutions Inc.'s total assets of $2.96 Billion consist of 34.2% current assets and 65.8% non-current assets. Review UL Solutions Inc. (ULS) financial obligations to assess the company's total debt and financial obligations.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $295.00 Million | 10.1% |
| Accounts Receivable | $626.00 Million | 21.4% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $878.00 Million | 30.1% |
| Intangible Assets | $153.00 Million | 5.2% |
| Goodwill | $656.00 Million | 22.5% |
Asset Composition Trend (2020–2025)
This chart illustrates how UL Solutions Inc.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. See UL Solutions Inc. stock price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: UL Solutions Inc.'s current assets represent 34.2% of total assets in 2025, a decrease from 44.9% in 2020.
- Cash Position: Cash and equivalents constituted 10.1% of total assets in 2025, down from 27.3% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 27.0% of total assets, an increase from 21.0% in 2020.
- Asset Diversification: The largest asset category is property, plant & equipment at 30.1% of total assets.
UL Solutions Inc. Competitors by Total Assets
Key competitors of UL Solutions Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Eternal Asia Supply Chain Management Ltd
SHE:002183
|
China | CN¥53.65 Billion |
|
Smartgroup Corporation Ltd
AU:SIQ
|
Australia | AU$714.40 Million |
|
Dark Horse Beijing Technology Co Ltd
SHE:300688
|
China | CN¥545.11 Million |
|
Whitestone Group
BR:ROCK
|
Belgium | €74.19 Million |
|
CPPGroup Plc
F:4CV1
|
Germany | €22.49 Million |
|
Brambles Ltd
AU:BXB
|
Australia | AU$9.10 Billion |
|
Mader Group Ltd
AU:MAD
|
Australia | AU$350.75 Million |
|
IPH Ltd
AU:IPH
|
Australia | AU$1.28 Billion |
UL Solutions Inc. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.16 | 1.24 | 1.45 |
| Quick Ratio | 1.16 | 1.24 | 1.45 |
| Cash Ratio | 0.00 | 0.33 | 0.00 |
| Working Capital | $148.00 Million | $194.00 Million | $317.00 Million |
UL Solutions Inc. - Advanced Valuation Insights
This section examines the relationship between UL Solutions Inc.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 15.06 |
| Latest Market Cap to Assets Ratio | 1.71 |
| Asset Growth Rate (YoY) | 4.3% |
| Total Assets | $2.92 Billion |
| Market Capitalization | $4.98 Billion USD |
Valuation Analysis
Above Book Valuation: The market values UL Solutions Inc.'s assets above their book value (1.71x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: UL Solutions Inc.'s assets grew by 4.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for UL Solutions Inc. (2020–2025)
The table below shows the annual total assets of UL Solutions Inc. from 2020 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $2.92 Billion | +4.32% |
| 2024-12-31 | $2.80 Billion | +2.34% |
| 2023-12-31 | $2.74 Billion | +0.59% |
| 2022-12-31 | $2.72 Billion | -25.72% |
| 2021-12-31 | $3.66 Billion | +3.13% |
| 2020-12-31 | $3.55 Billion | -- |
About UL Solutions Inc.
UL Solutions Inc., together with its subsidiaries, provides testing, inspection and certification services and related software and advisory services worldwide. It operates through three segments: Industrial, Consumer, and Software and Advisory. The Industrial segment provides testing, inspection, and certification services across various end markets, including energy, industrial automation, engi… Read more