ULS Income Before Tax vs Total Revenue Analysis

ULS Stock   53.65  0.73  1.34%   
UL Solutions financial indicator trend analysis is much more than just breaking down UL Solutions prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether UL Solutions is a good investment. Please check the relationship between UL Solutions Income Before Tax and its Total Revenue accounts. 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.

Income Before Tax vs Total Revenue

Income Before Tax vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UL Solutions Income Before Tax account and Total Revenue. At this time, the significance of the direction appears to have weak relationship.
The correlation between UL Solutions' Income Before Tax and Total Revenue is 0.31. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Revenue in the same time period over historical financial statements of UL Solutions, assuming nothing else is changed. The correlation between historical values of UL Solutions' Income Before Tax and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of UL Solutions are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Income Before Tax i.e., UL Solutions' Income Before Tax and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on UL Solutions income statement and is an important metric when analyzing UL Solutions profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

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.
Most indicators from UL Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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' Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.01 in 2024, whereas Tax Provision is likely to drop slightly above 66 M in 2024.
 2022 2023 2024 (projected)
Interest Expense17M35M36.8M
Depreciation And Amortization135M154M159.0M

UL Solutions fundamental ratios Correlations

-0.890.78-0.480.95-0.91-0.990.99-0.650.910.760.680.89-0.6-0.880.79-0.880.020.81-0.910.930.67-0.39-0.90.77-0.88
-0.89-0.80.39-0.990.890.92-0.940.68-0.9-0.59-0.68-0.880.440.67-0.640.99-0.06-0.790.99-0.88-0.570.160.89-0.770.61
0.78-0.8-0.290.79-0.95-0.850.79-0.460.740.480.320.76-0.83-0.550.85-0.870.620.95-0.860.790.51-0.68-0.940.95-0.68
-0.480.39-0.29-0.40.520.43-0.50.93-0.1-0.92-0.86-0.060.50.79-0.650.320.06-0.570.48-0.13-0.970.050.56-0.560.65
0.95-0.990.79-0.4-0.9-0.960.98-0.660.940.640.690.92-0.47-0.750.67-0.970.010.78-0.980.930.59-0.22-0.890.75-0.7
-0.910.89-0.950.52-0.90.95-0.930.68-0.8-0.71-0.59-0.80.80.77-0.910.92-0.38-0.970.95-0.84-0.720.551.0-0.960.82
-0.990.92-0.850.43-0.960.95-0.990.63-0.92-0.71-0.62-0.910.640.82-0.810.93-0.13-0.860.94-0.95-0.640.440.94-0.830.84
0.99-0.940.79-0.50.98-0.93-0.99-0.70.910.760.720.89-0.57-0.860.78-0.920.020.83-0.950.920.69-0.32-0.920.79-0.84
-0.650.68-0.460.93-0.660.680.63-0.7-0.37-0.9-0.95-0.330.450.82-0.660.60.09-0.680.73-0.37-0.95-0.030.72-0.670.65
0.91-0.90.74-0.10.94-0.8-0.920.91-0.370.430.451.0-0.37-0.610.55-0.91-0.010.65-0.860.990.32-0.29-0.770.61-0.63
0.76-0.590.48-0.920.64-0.71-0.710.76-0.90.430.880.39-0.6-0.970.79-0.53-0.090.71-0.660.460.97-0.23-0.740.67-0.88
0.68-0.680.32-0.860.69-0.59-0.620.72-0.950.450.880.39-0.24-0.830.51-0.58-0.370.53-0.690.420.870.21-0.620.49-0.62
0.89-0.880.76-0.060.92-0.8-0.910.89-0.331.00.390.39-0.39-0.580.55-0.910.050.65-0.850.990.28-0.33-0.770.62-0.61
-0.60.44-0.830.5-0.470.80.64-0.570.45-0.37-0.6-0.24-0.390.6-0.950.51-0.71-0.890.56-0.47-0.640.870.8-0.90.78
-0.880.67-0.550.79-0.750.770.82-0.860.82-0.61-0.97-0.83-0.580.6-0.810.630.12-0.720.72-0.64-0.880.30.78-0.680.94
0.79-0.640.85-0.650.67-0.91-0.810.78-0.660.550.790.510.55-0.95-0.81-0.670.480.95-0.740.630.8-0.73-0.920.94-0.91
-0.880.99-0.870.32-0.970.920.93-0.920.6-0.91-0.53-0.58-0.910.510.63-0.67-0.19-0.830.99-0.9-0.520.280.91-0.810.61
0.02-0.060.620.060.01-0.38-0.130.020.09-0.01-0.09-0.370.05-0.710.120.48-0.190.53-0.160.080.05-0.78-0.380.58-0.13
0.81-0.790.95-0.570.78-0.97-0.860.83-0.680.650.710.530.65-0.89-0.720.95-0.830.53-0.870.70.75-0.63-0.981.0-0.8
-0.910.99-0.860.48-0.980.950.94-0.950.73-0.86-0.66-0.69-0.850.560.72-0.740.99-0.16-0.87-0.86-0.660.270.94-0.850.68
0.93-0.880.79-0.130.93-0.84-0.950.92-0.370.990.460.420.99-0.47-0.640.63-0.90.080.7-0.860.35-0.4-0.810.67-0.69
0.67-0.570.51-0.970.59-0.72-0.640.69-0.950.320.970.870.28-0.64-0.880.8-0.520.050.75-0.660.35-0.22-0.750.73-0.79
-0.390.16-0.680.05-0.220.550.44-0.32-0.03-0.29-0.230.21-0.330.870.3-0.730.28-0.78-0.630.27-0.4-0.220.53-0.640.59
-0.90.89-0.940.56-0.891.00.94-0.920.72-0.77-0.74-0.62-0.770.80.78-0.920.91-0.38-0.980.94-0.81-0.750.53-0.970.82
0.77-0.770.95-0.560.75-0.96-0.830.79-0.670.610.670.490.62-0.9-0.680.94-0.810.581.0-0.850.670.73-0.64-0.97-0.76
-0.880.61-0.680.65-0.70.820.84-0.840.65-0.63-0.88-0.62-0.610.780.94-0.910.61-0.13-0.80.68-0.69-0.790.590.82-0.76
Click cells to compare fundamentals

UL Solutions Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.