UL Solutions Inc. Earnings Per Share Disclosure
| (in millions, except per share data) | 2025 | 2024 | 2023 | ||||||||||||||
| Net income attributable to stockholders of UL Solutions | $ | 325 | $ | 326 | $ | 260 | |||||||||||
| Basic weighted average common shares outstanding | 201 | 200 | 200 | ||||||||||||||
| Effect of dilutive securities | 2 | 1 | — | ||||||||||||||
| Diluted weighted average common shares outstanding | 203 | 201 | 200 | ||||||||||||||
| Basic earnings per share attributable to stockholders of UL Solutions | $ | 1.62 | $ | 1.63 | $ | 1.30 | |||||||||||
| Diluted earnings per share attributable to stockholders of UL Solutions | $ | 1.60 | $ | 1.62 | $ | 1.30 | |||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 19, 2026 | Showing above |
| 2024 | Feb 20, 2025 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.