UL Solutions Stock Price, News & Analysis

UL Solutions (NYSE: ULS) has launched new certification programs for battery containment enclosures and micromobility charging equipment to address growing safety concerns around lithium-ion batteries. The company's testing services evaluate enclosures according to UL 1487 Standard, developed in collaboration with FDNY Hazmat Command, to ensure they can contain thermal runaway events, fires, and explosions from e-bike and power tool batteries. The certification program tests enclosures' ability to withstand battery-related hazards and evaluates micromobility charging equipment per UL 4900 Standard. These initiatives aim to enhance safety measures for the increasing adoption of e-bikes and battery-powered devices in urban environments.

UL Solutions (NYSE: ULS) has launched a new testing and certification service for immersion cooling fluids used in data centers. The service addresses the critical need for safe and energy-efficient cooling solutions as data centers face increasing demands from AI and other technologies. Immersion cooling fluids must meet UL 2417 requirements, including tests for autoignition temperature, flash point, and dielectric breakdown voltage. According to the U.S. Department of Energy's 2024 Report, data centers consumed 4.4% of total U.S. electricity in 2023, expected to rise to 6.7-12% by 2028. The technology uses specially designed liquids to dissipate heat from IT equipment more efficiently than traditional air cooling. This initiative builds on UL Solutions' previous efforts, including joining the Open Compute Project in 2021 and offering various data center safety services.

UL Solutions (NYSE: ULS) announced that four Hyundai Card properties in Seoul have become Asia's first cultural and leisure buildings to receive UL Verified Healthy Building Marks. The verified properties include the Cooking Library, Music Library, Vinyl & Plastic, and Iron & Wood facilities. The Music Library and Vinyl & Plastic received verification for Indoor Air and Water quality, while the Cooking Library and Iron & Wood achieved the more comprehensive Indoor Environment verification, covering air, water, hygiene, light, and acoustics. The verification process involved rigorous evaluation against standards set by EPA, WHO, and ASHRAE. Additionally, UL Solutions assessed three office buildings at Hyundai Card's Seoul headquarters for indoor air quality, demonstrating the company's commitment to employee and visitor well-being.

UL Solutions has significantly expanded its HVAC testing facility in Carugate, Italy, to meet growing European demand for heat pump testing. The enhanced laboratory offers comprehensive services including performance testing, safety evaluations, and regulatory compliance for residential and commercial heat pump manufacturers. Key capabilities include testing for energy efficiency, safety, eco-design requirements, and electromagnetic compatibility. The expansion addresses the increasing adoption of environmentally friendly refrigerants and evolving EU regulations, particularly the "Fit for 55" plan targeting 55% reduction in greenhouse gas emissions by 2030. The facility supports manufacturers in testing alternative refrigerants like R32, R454B, and natural refrigerant R290, while ensuring compliance with EU regulations including Ecodesign and ESPR.

UL Solutions (NYSE: ULS) has announced a quarterly dividend payment of $0.13 per share. The dividend will be distributed on June 9, 2025, to shareholders who are recorded on the company's books at the close of business on May 30, 2025. UL Solutions, headquartered in Northbrook, Illinois, specializes in applied safety science solutions.

UL Solutions (NYSE: ULS) has opened its new Europe Advanced Battery Testing Laboratory in Aachen, Germany, expanding its battery technology testing capabilities and European presence. The purpose-built facility will test batteries for electric vehicles (EVs) and large-scale energy storage systems, offering comprehensive evaluations for safety and performance requirements.

The new laboratory, replacing a smaller facility acquired from BatterieIngenieure in 2024, features advanced capabilities for battery lifespan estimation and rigorous testing for potential threats, hazards, and adverse conditions. The facility's opening comes amid strong market growth, with battery demand increasing 35% in 2023 and projected to grow tenfold, while battery storage deployments in the power sector rose over 130% in 2023.

UL Solutions (NYSE: ULS) reported strong Q1 2025 financial results, demonstrating robust growth across all segments. The company achieved revenue of $705 million, up 5.2% year-over-year, with impressive organic growth of 7.6%. Net income increased 18.3% to $71 million, with margin expanding 110 basis points to 10.1%. The company's Adjusted EBITDA grew 22.9% to $161 million, with margin improving 320 basis points to 22.8%. Performance was strong across all segments: Industrial revenue grew 4.4% to $308M, Consumer revenue increased 6.3% to $304M, and Software & Advisory revenue rose 4.5% to $93M. The company maintained solid liquidity with $267M in cash and generated $154M in operating cash flow. UL Solutions affirmed its 2025 outlook, projecting mid-single-digit constant currency organic revenue growth and Adjusted EBITDA margin improvement to approximately 24%.

UL Solutions (NYSE: ULS) has achieved a prestigious Platinum Medal from EcoVadis for sustainability performance, placing it in the top 1% of over 150,000 assessed companies globally. The safety science company notably improved from a Silver rating directly to Platinum, bypassing the Gold tier.

The EcoVadis assessment evaluated 21 sustainability criteria across four core themes:

• Environment
• Labor and human rights
• Ethics
• Sustainable procurement

The Platinum rating validates UL Solutions' sustainability management system quality and commitment to value chain transparency. The assessment is based on international standards including the UN Global Compact, ILO conventions, GRI standards, and ISO 26000.