vs

Side-by-side financial comparison of Chemours Co (CC) and UL Solutions Inc. (ULS). Click either name above to swap in a different company.

Chemours Co is the larger business by last-quarter revenue ($1.3B vs $789.0M, roughly 1.7× UL Solutions Inc.). UL Solutions Inc. runs the higher net margin — 8.5% vs -3.5%, a 12.0% gap on every dollar of revenue. On growth, UL Solutions Inc. posted the faster year-over-year revenue change (6.8% vs -2.1%). Chemours Co produced more free cash flow last quarter ($92.0M vs $86.0M). Over the past eight quarters, UL Solutions Inc.'s revenue compounded faster (8.5% CAGR vs -1.2%).

The Chemours Company is an American chemical company that was founded in July 2015 as a spin-off from DuPont. It has its corporate headquarters in Wilmington, Delaware, United States. Chemours is the manufacturer of Teflon, the brand name of polytetrafluoroethylene (PTFE), known for its anti-stick properties. It also produces titanium dioxide and refrigerant gases.

The UL enterprise is a global private safety company headquartered in Northbrook, Illinois, composed of three organizations, UL Research Institutes, UL Standards & Engagement and UL Solutions.

CC vs ULS — Head-to-Head

Bigger by revenue
CC
CC
1.7× larger
CC
$1.3B
$789.0M
ULS
Growing faster (revenue YoY)
ULS
ULS
+8.8% gap
ULS
6.8%
-2.1%
CC
Higher net margin
ULS
ULS
12.0% more per $
ULS
8.5%
-3.5%
CC
More free cash flow
CC
CC
$6.0M more FCF
CC
$92.0M
$86.0M
ULS
Faster 2-yr revenue CAGR
ULS
ULS
Annualised
ULS
8.5%
-1.2%
CC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CC
CC
ULS
ULS
Revenue
$1.3B
$789.0M
Net Profit
$-47.0M
$67.0M
Gross Margin
11.7%
49.7%
Operating Margin
15.0%
Net Margin
-3.5%
8.5%
Revenue YoY
-2.1%
6.8%
Net Profit YoY
-261.5%
-17.3%
EPS (diluted)
$-0.32
$0.33

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CC
CC
ULS
ULS
Q4 25
$1.3B
$789.0M
Q3 25
$1.5B
$783.0M
Q2 25
$1.6B
$776.0M
Q1 25
$1.4B
$705.0M
Q4 24
$1.4B
$739.0M
Q3 24
$1.5B
$731.0M
Q2 24
$1.6B
$730.0M
Q1 24
$1.4B
$670.0M
Net Profit
CC
CC
ULS
ULS
Q4 25
$-47.0M
$67.0M
Q3 25
$46.0M
$100.0M
Q2 25
$-380.0M
$91.0M
Q1 25
$-5.0M
$67.0M
Q4 24
$-13.0M
$81.0M
Q3 24
$-32.0M
$88.0M
Q2 24
$60.0M
$101.0M
Q1 24
$54.0M
$56.0M
Gross Margin
CC
CC
ULS
ULS
Q4 25
11.7%
49.7%
Q3 25
15.6%
50.3%
Q2 25
17.2%
49.4%
Q1 25
17.3%
48.4%
Q4 24
19.4%
47.4%
Q3 24
19.0%
49.0%
Q2 24
19.8%
50.1%
Q1 24
20.9%
47.6%
Operating Margin
CC
CC
ULS
ULS
Q4 25
15.0%
Q3 25
2.5%
19.9%
Q2 25
-15.4%
17.9%
Q1 25
15.5%
Q4 24
-0.1%
15.6%
Q3 24
-2.1%
17.8%
Q2 24
4.4%
17.3%
Q1 24
5.1%
13.6%
Net Margin
CC
CC
ULS
ULS
Q4 25
-3.5%
8.5%
Q3 25
3.1%
12.8%
Q2 25
-23.5%
11.7%
Q1 25
-0.4%
9.5%
Q4 24
-1.0%
11.0%
Q3 24
-2.1%
12.0%
Q2 24
3.9%
13.8%
Q1 24
4.0%
8.4%
EPS (diluted)
CC
CC
ULS
ULS
Q4 25
$-0.32
$0.33
Q3 25
$0.31
$0.49
Q2 25
$-2.53
$0.45
Q1 25
$-0.03
$0.33
Q4 24
$-0.07
$0.40
Q3 24
$-0.22
$0.44
Q2 24
$0.39
$0.50
Q1 24
$0.36
$0.28

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CC
CC
ULS
ULS
Cash + ST InvestmentsLiquidity on hand
$670.0M
$295.0M
Total DebtLower is stronger
$4.1B
$491.0M
Stockholders' EquityBook value
$250.0M
$1.3B
Total Assets
$7.4B
$2.9B
Debt / EquityLower = less leverage
16.40×
0.39×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CC
CC
ULS
ULS
Q4 25
$670.0M
$295.0M
Q3 25
$613.0M
$255.0M
Q2 25
$502.0M
$272.0M
Q1 25
$464.0M
$267.0M
Q4 24
$713.0M
$298.0M
Q3 24
$596.0M
$327.0M
Q2 24
$604.0M
$295.0M
Q1 24
$746.0M
$344.0M
Total Debt
CC
CC
ULS
ULS
Q4 25
$4.1B
$491.0M
Q3 25
$4.1B
$544.0M
Q2 25
$4.1B
$608.0M
Q1 25
$4.1B
$653.0M
Q4 24
$4.1B
$742.0M
Q3 24
$4.0B
$797.0M
Q2 24
$4.0B
$810.0M
Q1 24
$4.0B
$879.0M
Stockholders' Equity
CC
CC
ULS
ULS
Q4 25
$250.0M
$1.3B
Q3 25
$274.0M
$1.2B
Q2 25
$228.0M
$1.1B
Q1 25
$566.0M
$970.0M
Q4 24
$571.0M
$904.0M
Q3 24
$643.0M
$872.0M
Q2 24
$714.0M
$769.0M
Q1 24
$753.0M
$671.0M
Total Assets
CC
CC
ULS
ULS
Q4 25
$7.4B
$2.9B
Q3 25
$7.5B
$2.9B
Q2 25
$7.5B
$2.9B
Q1 25
$7.4B
$2.9B
Q4 24
$7.5B
$2.8B
Q3 24
$7.5B
$2.9B
Q2 24
$7.2B
$2.7B
Q1 24
$8.0B
$2.8B
Debt / Equity
CC
CC
ULS
ULS
Q4 25
16.40×
0.39×
Q3 25
14.96×
0.46×
Q2 25
17.99×
0.56×
Q1 25
7.18×
0.67×
Q4 24
7.11×
0.82×
Q3 24
6.20×
0.91×
Q2 24
5.53×
1.05×
Q1 24
5.27×
1.31×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CC
CC
ULS
ULS
Operating Cash FlowLast quarter
$137.0M
$144.0M
Free Cash FlowOCF − Capex
$92.0M
$86.0M
FCF MarginFCF / Revenue
6.9%
10.9%
Capex IntensityCapex / Revenue
3.4%
7.4%
Cash ConversionOCF / Net Profit
2.15×
TTM Free Cash FlowTrailing 4 quarters
$51.0M
$403.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CC
CC
ULS
ULS
Q4 25
$137.0M
$144.0M
Q3 25
$146.0M
$155.0M
Q2 25
$93.0M
$147.0M
Q1 25
$-112.0M
$154.0M
Q4 24
$138.0M
$130.0M
Q3 24
$139.0M
$150.0M
Q2 24
$-620.0M
$103.0M
Q1 24
$-290.0M
$141.0M
Free Cash Flow
CC
CC
ULS
ULS
Q4 25
$92.0M
$86.0M
Q3 25
$105.0M
$109.0M
Q2 25
$50.0M
$105.0M
Q1 25
$-196.0M
$103.0M
Q4 24
$29.0M
$72.0M
Q3 24
$63.0M
$84.0M
Q2 24
$-693.0M
$47.0M
Q1 24
$-392.0M
$84.0M
FCF Margin
CC
CC
ULS
ULS
Q4 25
6.9%
10.9%
Q3 25
7.0%
13.9%
Q2 25
3.1%
13.5%
Q1 25
-14.3%
14.6%
Q4 24
2.1%
9.7%
Q3 24
4.2%
11.5%
Q2 24
-44.6%
6.4%
Q1 24
-28.8%
12.5%
Capex Intensity
CC
CC
ULS
ULS
Q4 25
3.4%
7.4%
Q3 25
2.7%
5.9%
Q2 25
2.7%
5.4%
Q1 25
6.1%
7.2%
Q4 24
8.0%
7.8%
Q3 24
5.0%
9.0%
Q2 24
4.7%
7.7%
Q1 24
7.5%
8.5%
Cash Conversion
CC
CC
ULS
ULS
Q4 25
2.15×
Q3 25
3.17×
1.55×
Q2 25
1.62×
Q1 25
2.30×
Q4 24
1.60×
Q3 24
1.70×
Q2 24
-10.33×
1.02×
Q1 24
-5.37×
2.52×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CC
CC

Titanium Technologies$563.0M42%
Thermal And Specialized Solutions$443.0M33%
Advanced Performance Materials$312.0M23%
Other Non-Reportable Segment$12.0M1%

ULS
ULS

Industrial$352.0M45%
Ongoing Certification Services$259.0M33%
Software And Advisory$102.0M13%
Software$75.0M10%

Related Comparisons