UL Solutions

Ottawa
15,000 Total Employees
Year Founded: 1894

UL Solutions Company Growth, Stability & Outlook

Updated on April 13, 2026

Frequently Asked Questions

Financial Health

UL Solutions reached annual revenue of over $3B in 2025 profitability demonstrating consistent financial strength and stability during changing market conditions and the ability to sustain long-term growth. 

 

Industry Position & Market Share

UL Solutions held 7% market share in 2024 and was ranked by industry analysts as a leader in testing, inspection and certification (TIC), demonstrating a strong competitive position and the ability to sustain growth in the industry. 

Expansion & Growth Outlook

UL Solutions work testing and certifying new technologies puts it at the forefront of global trends such as green energy transition, new modes of transport and digitalization. New technologies entering the marketplace need to be certified and the depth of experience of their engineers drive UL Solutions and position it for success.

UL Solutions Employee Perspectives

What has changed the most about you since you first joined UL Solutions?

As a strategic marketing leader, adopting a mindset centered on change and growth has not only enhanced my own performance but has also helped my team better align with organizational and business objectives, driving impactful results.

Poornima Chandrashekaraiah
Poornima Chandrashekaraiah, Director of portfolio and industry marketing