UL Solutions Inc. Working Capital to Net Assets Ratio

Latest as of March 2026: 11.1%

UL Solutions Inc. working capital to net assets ratio. UL Solutions Inc. (ULS) has a Working Capital to Net Assets ratio of 11.1% as of March 2026. Working capital of $148.00 Million (current assets of $1.05 Billion minus current liabilities of $899.00 Million) is measured against net assets of $1.34 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check UL Solutions Inc. tangible net worth ratio to evaluate the tangible quality of the company's equity base.

WC/NA Ratio

11.1%
Working Capital / Net Assets

Working Capital

$148.00 Million
USD

Current Assets

$1.05 Billion
USD

Current Liabilities

$899.00 Million
USD

Working Capital to Net Assets Ratio of UL Solutions Inc. (2020–2025)

Working capital to net assets ratio of UL Solutions Inc. from 2020 to 2025. This chart shows how UL Solutions Inc.'s Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of March 2026, the ratio stands at 11.1%, reflecting working capital of $148.00 Million against net assets of $1.34 Billion USD. See defensive interval ratio of UL Solutions Inc. to measure how many days the company can operate on defensive assets alone.

UL Solutions Inc. Working Capital to Net Assets Ratio by Year (2020–2025)

UL Solutions Inc. working capital to net assets ratio by year from 2020 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for UL Solutions Inc. from 2020 to 2025, covering 6 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see ULS asset base.

Year WC/NA Ratio Working Capital (USD) Net Assets Current Assets Current Liabilities Change (pp)
2025 18.5% $240.00 Million $1.29 Billion $1.00 Billion $760.00 Million ▼ -0.9 pp
2024 19.4% $181.00 Million $931.00 Million $921.00 Million $740.00 Million ▼ -16.5 pp
2023 36.0% $244.00 Million $678.00 Million $953.00 Million $709.00 Million ▲ +7.8 pp
2022 28.2% $304.00 Million $1.08 Billion $998.00 Million $694.00 Million ▼ -23.5 pp
2021 51.8% $1.21 Billion $2.33 Billion $2.00 Billion $792.00 Million ▲ +11.1 pp
2020 40.7% $924.00 Million $2.27 Billion $1.59 Billion $670.00 Million —
pp = percentage points