ULS (UL Solutions) EV-to-EBITDA: 16.62 (As of Aug. 11, 2026) — 18% Below Median

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ULS UL Solutions Inc ULS
44 GF Score
Price $77.05
! 1 Warning Sign
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What is UL Solutions EV-to-EBITDA?

UL Solutions ULS -1.28% 44 EV-to-EBITDA is 16.62 as of Aug. 11, 2026, which is 18% below its 10-year median of 20.39. GuruFocus rates ULS with a GF Score™ of 44/100. The stock has 1 warning sign investors should review. Among 901 Business Services companies, UL Solutions ranks worse than 82.8% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, UL Solutions's enterprise value is $15,623 Mil. UL Solutions's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $940 Mil. Therefore, UL Solutions's EV-to-EBITDA for today is 16.62.

The historical rank and industry rank for UL Solutions's EV-to-EBITDA or its related term are showing as below:

ULS' s EV-to-EBITDA Range Over the Past 10 Years
Min: 13.61   Med: 20.39   Max: 29.07
Current: 16.62

During the past 7 years, the highest EV-to-EBITDA of UL Solutions was 29.07. The lowest was 13.61. And the median was 20.39.

ULS's EV-to-EBITDA is ranked worse than
82.8% of 901 companies
in the Business Services industry
Industry Median: 7.65 vs ULS: 16.62

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-11), UL Solutions's stock price is $77.05. UL Solutions's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $2.470. Therefore, UL Solutions's PE Ratio (TTM) for today is 31.19.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


UL Solutions  (NYSE:ULS) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

UL Solutions's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=77.05/2.470
=31.19

UL Solutions's share price for today is $77.05.
UL Solutions's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.470.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


UL Solutions EV-to-EBITDA Related Terms


UL Solutions EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for UL Solutions's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

UL Solutions EV-to-EBITDA Chart

UL Solutions Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial 0.00 0.00 0.00 16.59 23.28

UL Solutions Quarterly Data
Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.12 21.49 23.28 23.97 22.18

ULS vs ARMK, GPN, CPRT: EV-to-EBITDA Comparison

For the Specialty Business Services subindustry, UL Solutions's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


UL Solutions EV-to-EBITDA vs Business Services Industry

For the Business Services industry and Industrials sector, UL Solutions's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where UL Solutions's EV-to-EBITDA falls into.


ULS
44GF Score
UL Solutions Inc ULS
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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UL Solutions EV-to-EBITDA Calculation

UL Solutions's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=15623.257/940
=16.62

UL Solutions's current Enterprise Value is $15,623 Mil.
UL Solutions's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $940 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 16.62 mean?
UL Solutions (ULS) has a EV-to-EBITDA of 16.62 as of Aug. 11, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on UL Solutions. This is 18% below median its historical median of 20.39. Over the past decade, UL Solutions' EV-to-EBITDA has ranged from 13.61 to 29.07. According to the industry distribution chart, UL Solutions ranks #746 out of 901 companies in the Business Services industry, placing it in the top 82.8%.
Is UL Solutions' EV-to-EBITDA too high?
UL Solutions' current EV-to-EBITDA of 16.62 is 18% below median its 10-year median of 20.39. Over the past 10 years, this metric has ranged from a low of 13.61 to a high of 29.07. The Business Services industry median EV-to-EBITDA is 7.65. UL Solutions' value of 16.62 is 117.3% above this industry median. Based on the distribution chart, UL Solutions ranks #746 out of 901 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, UL Solutions has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does UL Solutions' EV-to-EBITDA compare to ARMK and GPN?
According to the Business Services industry distribution chart, UL Solutions ranks #746 out of 901 companies for EV-to-EBITDA. This places UL Solutions in the lower half of its industry. The industry median EV-to-EBITDA is 7.65. UL Solutions' value of 16.62 is 117.3% above this benchmark. Historically, UL Solutions' own EV-to-EBITDA has ranged from 13.61 to 29.07 over the past decade. While the company's 10-year median is 20.39 vs. the industry median of 7.65, UL Solutions has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Business Services company?
The median EV-to-EBITDA among Business Services companies is 7.65, based on 901 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. UL Solutions's current EV-to-EBITDA of 16.62 is 117.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on UL Solutions. For the Business Services industry, the median EV-to-EBITDA is 7.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. UL Solutions's current EV-to-EBITDA is 16.62, which is 18% below median its own 10-year median of 20.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UL Solutions stock overvalued right now?
UL Solutions (ULS) has a current EV-to-EBITDA of 16.62. The current EV-to-EBITDA is 16.62, which is 18% below median its 10-year median of 20.39 and 117.3% above the Business Services industry median of 7.65. UL Solutions' overall GF Score™ is 44/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For UL Solutions (ULS), the current EV-to-EBITDA is 16.62 as of Aug. 11, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

UL Solutions Business Description

Other Exchanges 72R:Germany
Address 333 Pfingsten Road, Northbrook, IL, USA, 60062
UL Solutions is a global leader specializing in a broad range of product testing, inspection, and certification services. UL Solutions is the for-profit branch out of three organizations under the UL Enterprise. TIC operations make up nearly all of UL Solutions' total revenue and are composed of two segments: industrial and consumer. UL Solutions' remaining business includes software and advisory, which complements its core TIC offerings. The firm operates globally.
44GF Score

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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$77.05
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