ULS Q4 adjusted EBITDA margin rises to 27.5% (+460 basis points)

Reuters
Yesterday
ULS Q4 adjusted EBITDA margin rises to 27.5% (+460 basis points)

ULS reported Q4 2025 revenue of USD 789 million (+6.8%), including 5.7% organic growth, and net income of USD 71 million (−16.5%) reflecting a USD 37 million pre-tax restructuring charge. Q4 diluted EPS was USD 0.32 (−20.0%), while adjusted diluted EPS was USD 0.53 (+8.2%). Adjusted EBITDA in Q4 was USD 217 million (+28.4%), with adjusted EBITDA margin of 27.5% (up 460 basis points). For FY 2025, ULS posted revenue of USD 3.05 billion (+6.4%), including 6.2% organic growth, and net income of USD 345 million (unchanged), including a USD 35 million pre-tax restructuring charge. FY diluted EPS was USD 1.60 (−1.2%), and adjusted diluted EPS was USD 1.99 (+17.1%). FY adjusted EBITDA was USD 792 million (+20.7%), with adjusted EBITDA margin of 25.9% (up 300 basis points), and net cash flows provided by operating activities reached a record USD 600 million. Management said results exceeded guidance, highlighted demand across all geographic regions and operational initiatives such as laboratory productivity gains and footprint optimization, and introduced a 2026 outlook calling for mid-single digit constant currency organic revenue growth and continued adjusted EBITDA margin improvement. The company also announced an increase in its quarterly dividend.

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