ULS Historical Income Statement

ULS Stock   54.04  0.92  1.73%   
Historical analysis of UL Solutions income statement accounts such as Depreciation And Amortization of 158.9 M, Interest Expense of 36.8 M, Total Revenue of 2.8 B or Gross Profit of 1.3 B can show how well UL Solutions performed in making a profits. Evaluating UL Solutions income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of UL Solutions's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining UL Solutions latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether UL Solutions is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UL Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy ULS Stock please use our How to Invest in UL Solutions guide.

About ULS Income Statement Analysis

UL Solutions Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to UL Solutions shareholders. The income statement also shows ULS investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

UL Solutions Income Statement Chart

At this time, UL Solutions' Income Before Tax is comparatively stable compared to the past year. Net Income is likely to gain to about 277.2 M in 2024, whereas Total Other Income Expense Net is likely to drop (23.1 M) in 2024.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Revenue

Total revenue comprises all receipts UL Solutions generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of UL Solutions minus its cost of goods sold. It is profit before UL Solutions operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of UL Solutions. It is also known as UL Solutions overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from UL Solutions operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of UL Solutions is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from UL Solutions' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into UL Solutions current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UL Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy ULS Stock please use our How to Invest in UL Solutions guide.At this time, UL Solutions' Income Before Tax is comparatively stable compared to the past year. Net Income is likely to gain to about 277.2 M in 2024, whereas Total Other Income Expense Net is likely to drop (23.1 M) in 2024.
 2022 2023 2024 (projected)
Interest Expense17M35M36.8M
Depreciation And Amortization135M154M159.0M

UL Solutions income statement Correlations

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Additional Tools for ULS Stock Analysis

When running UL Solutions' price analysis, check to measure UL Solutions' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy UL Solutions is operating at the current time. Most of UL Solutions' value examination focuses on studying past and present price action to predict the probability of UL Solutions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move UL Solutions' price. Additionally, you may evaluate how the addition of UL Solutions to your portfolios can decrease your overall portfolio volatility.