A method for ultrasonic measurement of the running time and quantity of a flowing fluid is provided, in which the running time of an ultrasonic signal (70) is measured counter to and in a direction of the flow (5), wherefrom the flow rate of the fluid is determined. Reflections of the ultrasonic signal (70) from particles in the fluid are also detected in order to determine a concentration of particles. A device for carrying out the method includes two ultrasonic transducers which can be switched from a transmission mode to a reception mode. The ultrasonic transducers in the transmission mode transmit ultrasonic signals that are received by the ultrasonic transducers in the reception mode once the signal (70) has penetrated the fluid to be analyzed. At least one of the ultrasonic transducerscan be switched from the transmission mode to the reception mode so that it can receive reflections (E1, E2, E3) of its transmitted signal. Additional transducers can be provided that also receive the reflections.