ULS — UL Solutions Income Statement

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Annual income statement for UL Solutions, fiscal year end - December 31st, USD millions except per share, conversion factor applied.

	2020 December 31st	2021 December 31st	2022 December 31st	2023 December 31st	2024 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	PROSPECTUS	PROSPECTUS	PROSPECTUS	PROSPECTUS	10-K
Standards:	USG	USG	USG	USG	USG
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	2,301	2,517	2,520	2,678	2,870
Cost of Revenue
Gross Profit	1,031	1,179	1,207	1,280	1,393
Selling / General / Administrative Expenses
Depreciation and Amortization
Unusual Expense / Income
Total Operating Expenses	1,938	2,230	2,108	2,310	2,408
Operating Profit	363	287	412	368	462
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	333	274	383	346	415
Provision for Income Taxes
Net Income After Taxes	243	238	309	276	345
Minority Interest
Net Income Before Extraordinary Items
Net Income	231	224	293	260	326
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	231	224	293	260	326
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	1.16	1.12	1.47	1.46	1.62
Dividends per Share