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UL SolutionsULS -1.48%44 EV-to-OCF is 22.26 as of Aug. 28, 2026, which is 6% below its 10-year median of 23.78. GuruFocus rates ULS with a GF Score™ of 44/100. The stock has 1 warning sign investors should review. Among 1,089 Business Services companies, UL Solutions ranks worse than 84.39% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, UL Solutions's Enterprise Value is $15,094 Mil.
UL Solutions's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $678 Mil. Therefore, UL Solutions's EV-to-OCF for today is 22.26.
The historical rank and industry rank for UL Solutions's EV-to-OCF or its related term are showing as below:
ULS'
s EV-to-OCF Range Over the Past 10 Years
Min: 16.68 Med: 23.78 Max: 32.46
Current: 22.26
During the past 7 years, the highest EV-to-OCF of UL Solutions was 32.46. The lowest was 16.68. And the median was 23.78.
ULS's EV-to-OCF is ranked worse than 84.39% of 1089
companies
in the Business Services industry
Industry Median: 6.93
vs ULS: 22.26
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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:
UL Solutions's share price for today is $74.43.
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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
UL Solutions EV-to-OCF Related Terms
UL Solutions EV-to-OCF Historical Data
* Premium members only.
The historical data trend for UL Solutions's EV-to-OCF 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.
For the Specialty Business Services subindustry, UL Solutions's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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-OCF vs Business Services Industry
For the Business Services industry and Industrials sector, UL Solutions's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where UL Solutions's EV-to-OCF falls into.
UL Solutions's current Enterprise Value is $15,094 Mil.
UL Solutions's Cash Flow from Operations 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 $678 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.
UL Solutions (ULS) has a EV-to-OCF of 22.26 as of Aug. 28, 2026. This is near median its historical median of 23.78. Over the past decade, UL Solutions' EV-to-OCF has ranged from 16.68 to 32.46. According to the industry distribution chart, UL Solutions ranks #919 out of 1089 companies in the Business Services industry, placing it in the top 84.4%.
Is UL Solutions' EV-to-OCF too high?
UL Solutions' current EV-to-OCF of 22.26 is near median its 10-year median of 23.78. Over the past 10 years, this metric has ranged from a low of 16.68 to a high of 32.46. The Business Services industry median EV-to-OCF is 6.93. UL Solutions' value of 22.26 is 221.2% above this industry median. Based on the distribution chart, UL Solutions ranks #919 out of 1089 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-OCF compare to ARMK and GPN?
According to the Business Services industry distribution chart, UL Solutions ranks #919 out of 1089 companies for EV-to-OCF. This places UL Solutions in the lower half of its industry. The industry median EV-to-OCF is 6.93. UL Solutions' value of 22.26 is 221.2% above this benchmark. Historically, UL Solutions' own EV-to-OCF has ranged from 16.68 to 32.46 over the past decade. While the company's 10-year median is 23.78 vs. the industry median of 6.93, 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-OCF for a Business Services company?
The median EV-to-OCF among Business Services companies is 6.93, based on 1,089 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. UL Solutions's current EV-to-OCF of 22.26 is 221.2% 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Business Services industry, the median EV-to-OCF is 6.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. UL Solutions's current EV-to-OCF is 22.26, which is near median its own 10-year median of 23.78. 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-OCF of 22.26. The current EV-to-OCF is 22.26, which is near median its 10-year median of 23.78 and 221.2% above the Business Services industry median of 6.93. 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-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For UL Solutions (ULS), the current EV-to-OCF is 22.26 as of Aug. 28, 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 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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