UL Solutions Inc.
Income Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|
| Revenue | $730.0M | $670.0M | $684.0M | $676.0M | $689.0M | $629.0M |
| Cost of Revenue | $364.0M | $351.0M | $363.0M | $344.0M | $352.0M | $335.0M |
| Gross Profit | $366.0M | $319.0M | $321.0M | $332.0M | $337.0M | $294.0M |
| Gross Margin | 50.1% | 47.6% | 46.9% | 49.1% | 48.9% | 46.7% |
| Operating Expenses | ||||||
| Research & Development | — | — | — | — | — | — |
| SG&A Expense | $240.0M | $228.0M | $230.0M | $206.0M | $220.0M | $219.0M |
| Operating Income | $126.0M | $91.0M | $87.0M | $89.0M | $117.0M | $75.0M |
| Operating Margin | 17.3% | 13.6% | 12.7% | 13.2% | 17.0% | 11.9% |
| Interest Expense | — | — | — | — | — | — |
| Pretax Income | $134.0M | $73.0M | $79.0M | $75.0M | $120.0M | $72.0M |
| Income Tax Expense | $28.0M | $13.0M | $17.0M | $18.0M | $21.0M | $14.0M |
| Net Income | $101.0M | $56.0M | $58.0M | $53.0M | $94.0M | $55.0M |
| Net Margin | 13.8% | 8.4% | 8.5% | 7.8% | 13.6% | 8.7% |
| EPS (Basic) | $0.51 | $0.28 | $0.28 | $0.27 | $0.47 | $0.28 |
| EPS (Diluted) | $0.50 | $0.28 | $0.28 | $0.27 | $0.47 | $0.28 |
| Shares Outstanding (Basic) | 200.0M | 200.0M | 200.0M | 200.0M | 200.0M | 200.0M |
| Shares Outstanding (Diluted) | 201.0M | 200.0M | 200.0M | 200.0M | 200.0M | 200.0M |
| Dividends Per Share | $0.13 | $0.13 | $3.10 | $0.10 | $0.10 | $0.10 |