UL Solutions Inc. (ULS) Return on equity 2022–2025
UL Solutions Inc. (ULS) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
25.8%FY2025 · since FY2022: 27.2% → 25.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 25.8% | -10.3 pp |
| FY2024 | 36.1% | -3.7 pp |
| FY2023 | 39.8% | +12.6 pp |
| FY2022 | 27.2% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice