ULS 📈 UL Solutions - Overview

UL Solutions Inc. is a global provider of safety science services, operating through three distinct segments: Industrial, Consumer, and Software and Advisory. The Industrial segment delivers a range of services, including testing, inspection, and certification, to various end markets such as energy, industrial automation, and the built environment. This segment caters to a diverse set of stakeholders, including manufacturers, building owners, end users, and regulators, helping them navigate complex safety and regulatory requirements. By leveraging its expertise in these areas, UL Solutions Inc. enables its clients to mitigate risks, ensure compliance, and improve overall safety standards.

The Consumer segment of UL Solutions Inc. focuses on providing safety certification testing, ongoing certification, and global market access services to customers in the consumer products sector. This encompasses a broad range of industries, including consumer electronics, medical devices, information technologies, appliances, and retail, among others. The company also offers specialized services such as testing for connectivity, performance, and quality, as well as critical systems advisory and training. By doing so, UL Solutions Inc. helps its clients in the consumer space to ensure product safety, achieve regulatory compliance, and ultimately enhance customer trust and loyalty. Additionally, the company's services in this segment extend to emerging areas like new mobility, smart products, and 5G, reflecting its commitment to staying at the forefront of technological advancements.

The Software and Advisory segment of UL Solutions Inc. is dedicated to providing software and technical advisory services that empower customers to manage regulatory requirements effectively, achieve supply chain transparency, and operationalize sustainability. A key offering in this segment is the ULTRUS software brand, designed to help customers improve their speed to market, sustainability, and safety. By leveraging data-driven insights and advanced technology, UL Solutions Inc. enables its clients to make informed decisions, optimize their operations, and drive business growth while minimizing environmental impact. This segment underscores the company's recognition of the critical role that technology and advisory services play in supporting the safety, sustainability, and success of its clients across various industries.

With a history dating back to 1894, UL Solutions Inc. has evolved significantly over the years, adapting to changing market needs and expanding its service portfolio. Formerly known as UL Inc., the company underwent a name change to UL Solutions Inc. in June 2022, reflecting its broader commitment to providing comprehensive solutions in the safety science domain. Headquartered in Northbrook, Illinois, UL Solutions Inc. operates as a subsidiary of ULSE Inc. and is listed on the New York Stock Exchange (NYSE) under the ticker symbol ULS. The company's website, https://www.ul.com, serves as a gateway to its extensive range of services and resources, catering to the diverse needs of its global client base. As a common stock listed under the GICS Sub Industry of Research & Consulting Services, UL Solutions Inc. is poised to continue its legacy of delivering value to its stakeholders through its expertise in safety science and consulting services.