UL Solutions Q2 revenue rises 6.0% to $730 million; 2024 outlook reiterated
UL Solutions reported second-quarter 2024 revenue of $730 million, up 6.0% from $689 million a year earlier, with organic growth of 8.4%. Net income was $106 million, or $0.50 per diluted share, compared with $0.47 a year earlier, and the company reiterated its full-year 2024 outlook, which shareholders will weigh against the first-half results.
Key points
- Revenue of $730 million, up 6.0%; organic growth of 8.4%, led by the Industrial segment
- Net income of $106 million ($0.50 per diluted share) vs. $99 million ($0.47 per diluted share) in Q2 2023
- Adjusted EBITDA of $173 million, up 11.6%; Adjusted EBITDA margin of 23.7%, up 120 basis points
- Full-year 2024 outlook reiterated, including mid-single digit organic revenue growth and Adjusted EBITDA margin improvement
The filing
Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 31, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.