On this page of StockholderLetter.com we present the latest annual shareholder letter from UL Solutions Inc. — ticker symbol ULS. Reading current and past ULS letters to shareholders can bring important insights into the investment thesis.
2024 Annual Report Solutions Safety. Science. Transformation."
UL Solutions at a glance We believe in the transformative power of science and use it every day to empower trust that opens new markets, partnerships and pathways to success in today's competitive markets. We turn safety, security and sustainability challenges into opportunities for our customers. OUR MISSION Working for a safer world since 1894 OUR AMBITION To serve as our customers' most trusted sciencebased safety, security and sustainability partner Our business by the numbers ,v$2.98 650+ 35+ 2024revenue technical accredi t ations industries served Invested ,v$1.3B in 56 acquisitions (2010-2024) Our trusted and iconic UL Mark has appeared on billions of products . 15,000+ 91 UL Solutions employees serving customer needs locations with laboratories 59 80,000+ office-only locations customers, including approximately 60% of the Fortune 500 and Global 500 companies Serving customers in 110+ countries All data as of Dec. 31, 2024, unless otherwise indicated.
 • shareholder letter icon 4/3/2025 Letter Continued (Full PDF)
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 • Benford's Law Stocks icon ULS Benford's Law Stock Score = 99


ULS Shareholder/Stockholder Letter Transcript:

2024

Annual
Report
Solutions
Safety. Science. Transformation."

UL Solutions
at a glance
We believe in the transformative
power of science and use it every
day to empower trust that opens
new markets, partnerships and
pathways to success in today's
competitive markets.
We turn safety, security and
sustainability challenges into
opportunities for our customers.
OUR MISSION
Working for a
safer world
since 1894
OUR AMBITION
To serve as our customers'
most trusted sciencebased safety, security and
sustainability partner
Our business by the numbers
,v$2.98
650+
35+
2024revenue
technical accredi t ations
industries served
Invested
,v$1.3B
in 56 acquisitions
(2010-2024)
Our trusted and iconic
UL Mark has appeared on
billions
of products .
15,000+
91
UL Solutions employees
serving customer needs
locations with laboratories
59
80,000+
office-only locations
customers, including approximately
60% of the Fortune 500 and
Global 500 companies
Serving customers in
110+
countries
All data as of Dec. 31, 2024, unless otherwise indicated.



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