UL Solutions Inc.
Ticker: ULSIndustrialsProfessional ServicesThe business
UL Solutions Inc. (NYSE: UL) is a global safety science leader providing Testing, Inspection and Certification (TIC) services along with complementary software and advisory solutions to customers worldwide. The company operates through three primary segments: Industrial, Consumer, and Software and Advisory (S&A). The Industrial segment serves end markets including energy, industrial automation, engineered materials, and built environment. The Consumer segment addresses product market acceptance and risk mitigation for consumer electronics, medical devices, information technology, appliances, HVAC, lighting, and emerging applications. The S&A segment provides software and technical advisory offerings enabling customers to manage regulatory requirements, supply chain transparency, and sustainability initiatives.
UL Solutions generates revenue across four service categories: Certification Testing (approximately 28% of revenue), Ongoing Certification Services (approximately 33%), Non-certification Testing and Other Services (approximately 30%), and Software (approximately 9%). The company serves more than 80,000 customers across over 110 countries and maintains more than 650 technical accreditations and 76 commercial software solutions. The company owns the iconic UL-in-a-circle certification mark, which appears on billions of products globally, and operates over 1,200 standards panels and technical committees.
As of December 31, 2025, UL Solutions employed 14,587 full-time employees and 264 part-time employees, with approximately 9,900 scientists, engineers, and specialized technical and regulatory experts. The company maintains a global network of laboratories and operates as the largest TIC services provider headquartered in North America by revenue. The company's history dates to 1894 as part of the Underwriters Electrical Bureau, with current operations structured as a public company following its initial public offering. UL Solutions maintains a 70% ownership stake in UL-CCIC, a joint venture with China Certification & Inspection Group Co., Ltd., which operates in mainland China. The company's website is https://ir.ul.com.
- Sector
- Industrials
- Industry
- Professional Services
- HQ
- NORTHBROOK, IL
- FY end
- 12-31
- CIK
- 1901440
- SIC
- 8734
Ownership
Who holds UL Solutions Inc. — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30
Top fund holders
| Fund | % of fund | Value |
|---|---|---|
| New Perspective Fund ANWPX | 0.23% | $390.09M |
| T. Rowe Price Mid-Cap Growth Fund, Inc. RPMGX · T. ROWE PRICE MID-CAP GROWTH FUND, INC. | 1.22% | $280.47M |
| iShares Core S&P Mid-Cap ETF IJH · iShares Trust | 0.22% | $271.25M |
| VANGUARD TOTAL STOCK MARKET INDEX FUND VTI · VANGUARD INDEX FUNDS | 0.01% | $251.52M |
| SMALLCAP World Fund Inc SMCWX | 0.23% | $220.68M |
Bonds held by funds
Funds report holding 1 issues of UL Solutions Inc.'s debt, $80.66M at fund-held market value — what funds hold, not the company's debt outstanding. Weighted-average coupon 6.50%, maturing 2028–2028.
| Issue | Coupon | Matures | Funds | Fund-held |
|---|---|---|---|---|
| UL SOLUTIONS INC | 6.500% | 2028-10-20 | 34 | $80.66M |
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
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