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6Material company update
Apr 30, 2026·SEC
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Feb 19, 2026·SEC
Material company update
Nov 6, 2025·SEC
Universal Display Corporation(OLED)Earnings, Financials & Key Ratios
OLED•NASDAQ
17.5× P/E·Price updated Jun 19, 2026
AboutUniversal Display Corporation engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. It owns, exclusively licenses, or has sole rights to sublicense approximately 5,500 issued and pending patents worldwide. The company supplies its proprietary UniversalPHOLED materials to display and lighting manufacturers, and others. It is also involved in the research, development, and commercialization of other OLED device and manufacturing technologies, including FOLED that are flexible OLEDs for the fabrication of OLEDs on flexible substrates; OVJP, an organic vapor jet printing technology; thin-film encapsulation technology for the packaging of flexible OLEDs and other thin-film devices, as well as for use as a barrier film for plastic substrates; and UniversalP2OLED, which are printable phosphorescent OLEDs. In addition, the company provides technology development and support services, including third-party collaboration and support to third parties for the commercialization of their OLED products. Further, it provides contract research services in the areas of chemical materials synthesis research, development, and commercialization for non-OLED applications. Universal Display Corporation was founded in 1985 and is headquartered in Ewing, New Jersey.Show more
- Revenue$651M+0.5%
- EBITDA$297M+5.1%
- Net Income$242M+9.0%
- EPS (Diluted)5.08+9.2%
- Gross Margin73.44%-4.7%
- EBITDA Margin45.71%+4.6%
- Operating Margin38.55%+4.5%
- Net Margin37.21%+8.5%
- ROE14.33%-1.1%
OLED Key Insights
Universal Display Corporation (OLED) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
- ✓FCF machine: 23.7% free cash flow margin
- ✓Healthy dividend yield of 2.0%
- ✓Healthy 5Y average net margin of 34.8%
✗Weaknesses
- ✗Weak momentum: RS Rating 20 (bottom 20%)
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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OLED Price & Volume
Universal Display Corporation (OLED) stock price & volume — 10-year historical chart
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OLED Growth Metrics
Universal Display Corporation (OLED) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years13.04%
5 Years8.69%
3 Years1.8%
TTM-3.42%
Profit CAGR
10 Years32.35%
5 Years12.66%
3 Years4.84%
TTM-7%
EPS CAGR
10 Years32.27%
5 Years12.65%
3 Years4.91%
TTM-7.05%
Return on Capital
10 Years15.8%
5 Years16.5%
3 Years14.48%
Last Year14.04%
OLED Recent Earnings
Universal Display Corporation (OLED) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 9/12 qtrs (75%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
Apr 30, 2026Metric
Actual
Est
EPS
$0.76-32.7%
$1.13
Rev
$142M-11.8%
$161M
Q1 2026
Feb 19, 2026Metric
Actual
Est
EPS
$1.39+8.6%
$1.28
Rev
$173M-0.2%
$173M
Q4 2025
Nov 6, 2025Metric
Actual
Est
EPS
$0.92-22.0%
$1.18
Rev
$140M-15.7%
$166M
Q3 2025
Jul 31, 2025Metric
Actual
Est
EPS
$1.41+21.6%
$1.16
Rev
$172M+2.9%
$167M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 30, 2026 | $0.76vs $1.13-32.7% | $142Mvs $161M-11.8% |
| Q1 2026 | Feb 19, 2026 | $1.39vs $1.28+8.6% | $173Mvs $173M-0.2% |
| Q4 2025 | Nov 6, 2025 | $0.92vs $1.18-22.0% | $140Mvs $166M-15.7% |
| Q3 2025 | Jul 31, 2025 | $1.41vs $1.16+21.6% | $172Mvs $167M+2.9% |
Based on last 12 quarters of dataView full earnings history →
OLED Peer Comparison
Universal Display Corporation (OLED) competitors in Optical, Photonics and Display Components — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 LITE | 60.69B | 850.00 | 2297.30 | 21.03% | 17.68% | 30.68% | 2.30 | |
 COHU | 3.26B | 69.40 | -43.65 | 12.74% | -11.54% | -6.84% | 0.46 | |
 ONTO | 16.6B | 333.76 | 120.06 | 1.82% | 10.33% | 5.19% | 0.01 | |
 VECO | 4.86B | 79.65 | 135 | -7.39% | 3.53% | 2.64% | 0.29 | |
 KOPN | 901.8M | 4.93 | 337.67 | -23.58% | 4.86% | 4.31% | 9.05 | |
 VUZI | 275.25M | 3.31 | -7.88 | 9.14% | -5.04% | -87.47% | 0.03 | |
 MVIS | 120.77M | 0.36 | -1.04 | -74.28% | -58.88% | -139.2% | 0.66 | |
 AAPL | 4.38T | 298.01 | 39.95 | 6.43% | 27.15% | 146.69% | 1.52 |
Compare OLED vs Peers
Universal Display Corporation (OLED) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
OLED Income Statement
Universal Display Corporation (OLED) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 335.63M | 247.41M | 405.18M | 428.87M | 553.52M | 616.62M | 576.43M | 647.68M | 650.61M | 626.54M |
Revenue Growth % | 68.75% | -26.28% | 63.76% | 5.85% | 29.07% | 11.4% | -6.52% | 12.36% | 0.45% | -3.42% |
Cost of Goods Sold | 54.7M | 53.54M | 75.37M | 85.48M | 114.99M | 127.9M | 135.38M | 148.46M | 172.83M | 166.16M |
COGS % of Revenue | 16.3% | 21.64% | 18.6% | 19.93% | 20.77% | 20.74% | 23.49% | 22.92% | 26.56% | - |
Gross Profit | 280.93M▲ 0% | 193.87M▼ 31.0% | 329.8M▲ 70.1% | 343.39M▲ 4.1% | 438.53M▲ 27.7% | 488.72M▲ 11.4% | 441.05M▼ 9.8% | 499.22M▲ 13.2% | 477.78M▼ 4.3% | 460.39M▲ 0% |
Gross Margin % | 83.7% | 78.36% | 81.4% | 80.07% | 79.23% | 79.26% | 76.51% | 77.08% | 73.44% | 73.48% |
Gross Profit Growth % | 62.77% | -30.99% | 70.11% | 4.12% | 27.71% | 11.44% | -9.75% | 13.19% | -4.29% | - |
Operating Expenses | 134.68M | 137.14M | 171.46M | 185.86M | 210.89M | 221.61M | 223.86M | 260.42M | 227M | 229.06M |
OpEx % of Revenue | 40.13% | 55.43% | 42.32% | 43.34% | 38.1% | 35.94% | 38.84% | 40.21% | 34.89% | - |
Selling, General & Admin | 46.81M | 47M | 59.61M | 61.35M | 80.37M | 77.89M | 67.39M | 74.29M | 74.32M | 77.34M |
SG&A % of Revenue | 13.95% | 19% | 14.71% | 14.3% | 14.52% | 12.63% | 11.69% | 11.47% | 11.42% | - |
Research & Development | 49.14M | 53.72M | 71.28M | 83.89M | 99.67M | 117.06M | 130.48M | 157.19M | 143.9M | 144.84M |
R&D % of Revenue | 14.64% | 21.71% | 17.59% | 19.56% | 18.01% | 18.98% | 22.64% | 24.27% | 22.12% | - |
Other Operating Expenses | 38.73M | 36.42M | 40.57M | 40.62M | 30.84M | 26.66M | 26M | 28.95M | 8.79M | 3M |
Operating Income | 146.25M▲ 0% | 56.73M▼ 61.2% | 158.34M▲ 179.1% | 157.53M▼ 0.5% | 227.64M▲ 44.5% | 267.11M▲ 17.3% | 217.19M▼ 18.7% | 238.8M▲ 10.0% | 250.78M▲ 5.0% | 223.26M▲ 0% |
Operating Margin % | 43.57% | 22.93% | 39.08% | 36.73% | 41.13% | 43.32% | 37.68% | 36.87% | 38.55% | 35.63% |
Operating Income Growth % | 113.77% | -61.21% | 179.09% | -0.52% | 44.51% | 17.34% | -18.69% | 9.95% | 5.01% | - |
EBITDA | 173.15M | 87.31M | 192.76M | 194.71M | 269.61M | 309.38M | 260.59M | 282.94M | 297.37M | 258.77M |
EBITDA Margin % | 51.59% | 35.29% | 47.57% | 45.4% | 48.71% | 50.17% | 45.21% | 43.69% | 45.71% | 41.3% |
EBITDA Growth % | 94.17% | -49.58% | 120.78% | 1.01% | 38.46% | 14.75% | -15.77% | 8.58% | 5.1% | -10.85% |
D&A (Non-Cash Add-back) | 26.9M | 30.57M | 34.42M | 37.19M | 41.96M | 42.27M | 43.4M | 44.14M | 46.59M | 35.51M |
EBIT | 146.25M | 56.73M | 158.34M | 157.53M | 227.64M | 267.11M | 217.19M | 238.8M | 250.78M | 180.51M |
Net Interest Income | 3.29M | 7.66M | 10.79M | 5.14M | 505K | 7.81M | 28.17M | 40.68M | 39.71M | 29.63M |
Interest Income | 3.29M | 7.66M | 10.79M | 5.14M | 505K | 7.81M | 28.17M | 40.68M | 39.71M | 29.63M |
Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Income/Expense | 3.29M | 7.58M | 11.56M | 6M | 603K | 1.12M | 27.98M | 33.33M | 44.02M | 36.71M |
Pretax Income | 149.54M▲ 0% | 64.31M▼ 57.0% | 169.91M▲ 164.2% | 163.53M▼ 3.8% | 228.25M▲ 39.6% | 268.23M▲ 17.5% | 245.17M▼ 8.6% | 272.13M▲ 11.0% | 294.8M▲ 8.3% | 259.97M▲ 0% |
Pretax Margin % | 44.55% | 25.99% | 41.93% | 38.13% | 41.24% | 43.5% | 42.53% | 42.02% | 45.31% | 41.49% |
Income Tax | 45.65M | 5.47M | 31.6M | 30.16M | 44.03M | 58.17M | 42.16M | 50.05M | 52.72M | 27.65M |
Effective Tax Rate % | 30.53% | 8.51% | 18.6% | 18.44% | 19.29% | 21.69% | 17.2% | 18.39% | 17.88% | 10.64% |
Net Income | 103.89M▲ 0% | 58.84M▼ 43.4% | 138.3M▲ 135.1% | 133.37M▼ 3.6% | 184.21M▲ 38.1% | 210.06M▲ 14.0% | 203.01M▼ 3.4% | 222.08M▲ 9.4% | 242.07M▲ 9.0% | 213.53M▲ 0% |
Net Margin % | 30.95% | 23.78% | 34.13% | 31.1% | 33.28% | 34.07% | 35.22% | 34.29% | 37.21% | 34.08% |
Net Income Growth % | 116.11% | -43.36% | 135.05% | -3.57% | 38.12% | 14.03% | -3.36% | 9.39% | 9% | -7% |
Net Income (Continuing) | 103.89M | 58.84M | 138.3M | 133.37M | 184.21M | 210.06M | 203.01M | 222.08M | 242.07M | 213.53M |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
EPS (Diluted) | 2.18▲ 0% | 1.25▼ 42.7% | 2.92▲ 133.6% | 2.80▼ 4.1% | 3.87▲ 38.2% | 4.40▲ 13.7% | 4.24▼ 3.6% | 4.65▲ 9.7% | 5.08▲ 9.2% | 4.52▲ 0% |
EPS Growth % | 113.73% | -42.66% | 133.6% | -4.11% | 38.21% | 13.7% | -3.64% | 9.67% | 9.25% | -7.05% |
EPS (Basic) | 2.19 | 1.26 | 2.92 | 2.80 | 3.87 | 4.41 | 4.25 | 4.66 | 5.09 | - |
Diluted Shares Outstanding | 46.81M | 46.9M | 47M | 47.24M | 47.37M | 47.47M | 47.62M | 47.65M | 47.66M | 47.21M |
Basic Shares Outstanding | 46.73M | 46.85M | 46.96M | 47.2M | 47.3M | 47.39M | 47.56M | 47.55M | 47.55M | 47.08M |
Dividend Payout Ratio | 5.44% | 19.23% | 13.63% | 21.33% | 20.59% | 27.13% | 32.87% | 34.3% | 35.34% | - |
OLED Balance Sheet
Universal Display Corporation (OLED) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 519.18M | 634.84M | 792.44M | 924.61M | 925.93M | 899.45M | 917.13M | 899.83M | 1.09B | 932.28M |
Cash & Short-Term Investments | 420.29M | 515.35M | 646.09M | 730.01M | 663.19M | 577.77M | 514.12M | 492.67M | 602.36M | 516.41M |
Cash Only | 132.84M | 211.02M | 131.63M | 630.01M | 311.99M | 93.43M | 91.98M | 98.98M | 138.35M | 159.35M |
Short-Term Investments | 287.45M | 304.32M | 514.46M | 100M | 351.19M | 484.35M | 422.14M | 393.69M | 464M | 357.06M |
Accounts Receivable | 52.35M | 43.13M | 60.45M | 82.26M | 107.64M | 92.66M | 139.85M | 113.65M | 119.95M | 93.63M |
Days Sales Outstanding | 56.94 | 63.63 | 54.46 | 70.01 | 70.98 | 54.85 | 88.55 | 64.05 | 67.3 | 63.33 |
Inventory | 36.27M | 70M | 63.95M | 91.59M | 134.16M | 183.22M | 175.79M | 182.94M | 240.91M | 248.21M |
Days Inventory Outstanding | 242 | 477.2 | 309.69 | 391.1 | 425.85 | 522.89 | 473.98 | 449.76 | 508.79 | 499.73 |
Other Current Assets | 10.28M | 6.37M | 21.95M | 20.75M | 20.95M | 45.79M | 87.36M | 110.58M | 123.84M | 74.03M |
Total Non-Current Assets | 260.77M | 298.58M | 327.72M | 344.62M | 540.99M | 633.37M | 751.83M | 932.5M | 885.8M | 962.44M |
Property, Plant & Equipment | 56.45M | 69.74M | 87.87M | 110.86M | 159.45M | 174.93M | 200.06M | 215.11M | 234.87M | 213.15M |
Fixed Asset Turnover | 5.95x | 3.55x | 4.61x | 3.87x | 3.47x | 3.52x | 2.88x | 3.01x | 2.77x | 2.77x |
Goodwill | 15.54M | 15.54M | 15.54M | 15.54M | 15.54M | 15.54M | 15.54M | 15.54M | 15.54M | 15.54M |
Intangible Assets | 146.37M | 124.41M | 102.85M | 80.94M | 59.38M | 46.63M | 97.2M | 79M | 60.8M | 3.67M |
Long-Term Investments | 14.79M | 0 | 5M | 5M | 168.08M | 259.86M | 299.55M | 457.59M | 479.81M | 1.75B |
Other Non-Current Assets | 604K | 64.53M | 86.09M | 94.59M | 105.1M | 78.25M | 80.38M | 86.95M | 6.23M | 230.96M |
Total Assets | 779.96M▲ 0% | 933.42M▲ 19.7% | 1.12B▲ 20.0% | 1.27B▲ 13.3% | 1.47B▲ 15.6% | 1.53B▲ 4.5% | 1.67B▲ 8.9% | 1.83B▲ 9.8% | 1.97B▲ 7.7% | 1.89B▲ 0% |
Asset Turnover | 0.43x | 0.27x | 0.36x | 0.34x | 0.38x | 0.40x | 0.35x | 0.35x | 0.33x | 0.32x |
Asset Growth % | 24.28% | 19.68% | 20.01% | 13.31% | 15.58% | 4.49% | 8.88% | 9.79% | 7.67% | 25.56% |
Total Current Liabilities | 63.82M | 133.18M | 161.51M | 164.96M | 187.94M | 135.7M | 118.82M | 125.41M | 108.01M | 97.76M |
Accounts Payable | 13.77M | 10.53M | 13.3M | 13.8M | 14.96M | 9.52M | 10.93M | 36.59M | 23.34M | 17.04M |
Days Payables Outstanding | 91.91 | 71.8 | 64.39 | 58.93 | 47.47 | 27.17 | 29.48 | 89.96 | 49.3 | 62.37 |
Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.75M | 0 |
Deferred Revenue (Current) | 14.98M | 80.78M | 97.33M | 105.22M | 120.86M | 45.6M | 47.71M | 33.07M | 21.01M | 101.32M |
Other Current Liabilities | 21.05M | 19.61M | 32.15M | 26.69M | 34.33M | 61.33M | 37.55M | 38.46M | 29.75M | 59.69M |
Current Ratio | 8.13x | 4.77x | 4.91x | 5.61x | 4.93x | 6.63x | 7.72x | 7.18x | 10.06x | 9.54x |
Quick Ratio | 7.57x | 4.24x | 4.51x | 5.05x | 4.21x | 5.28x | 6.24x | 5.72x | 7.83x | 7.00x |
Cash Conversion Cycle | 207.02 | 469.03 | 299.77 | 402.18 | 449.35 | 550.57 | 533.05 | 423.85 | 526.78 | 500.68 |
Total Non-Current Liabilities | 57.08M | 109.74M | 147.2M | 191.55M | 179.07M | 121.75M | 102.91M | 90.4M | 103.83M | 92.97M |
Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19.22M | 0 |
Capital Lease Obligations | 0 | 0 | 0 | 6.88M | 27.26M | 29.04M | 22.86M | 19.14M | 19.22M | 57.36M |
Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.1M | 9.1M |
Other Non-Current Liabilities | 33.18M | 67.95M | 99.67M | 127.59M | 115.59M | 74.44M | 68.05M | 70.73M | 54.35M | 92.97M |
Total Liabilities | 120.9M | 242.92M | 308.71M | 356.51M | 367M | 257.45M | 221.74M | 215.81M | 211.84M | 190.74M |
Total Debt | 0 | 0 | 0 | 6.88M | 27.26M | 29.04M | 22.86M | 19.14M | 43.19M | 0 |
Net Debt | -132.84M | -211.02M | -131.63M | -623.13M | -284.73M | -64.39M | -69.13M | -79.84M | -95.17M | -159.35M |
Debt / Equity | - | - | - | 0.01x | 0.02x | 0.02x | 0.02x | 0.01x | 0.02x | 0.00x |
Debt / EBITDA | - | - | - | 0.04x | 0.10x | 0.09x | 0.09x | 0.07x | 0.15x | 0.00x |
Net Debt / EBITDA | -0.77x | -2.42x | -0.68x | -3.20x | -1.06x | -0.21x | -0.27x | -0.28x | -0.32x | -0.62x |
Interest Coverage | - | - | - | - | - | - | - | - | - | - |
Total Equity | 659.05M▲ 0% | 690.51M▲ 4.8% | 811.45M▲ 17.5% | 912.71M▲ 12.5% | 1.1B▲ 20.5% | 1.28B▲ 16.0% | 1.45B▲ 13.5% | 1.62B▲ 11.7% | 1.76B▲ 8.9% | 1.7B▲ 0% |
Equity Growth % | 24.71% | 4.77% | 17.52% | 12.48% | 20.51% | 15.95% | 13.48% | 11.7% | 8.94% | 33.89% |
Book Value per Share | 14.08 | 14.72 | 17.27 | 19.32 | 23.22 | 26.87 | 30.39 | 33.92 | 36.95 | 36.10 |
Total Shareholders' Equity | 659.05M | 690.51M | 811.45M | 912.71M | 1.1B | 1.28B | 1.45B | 1.62B | 1.76B | 1.7B |
Common Stock | 485K | 487K | 489K | 490K | 491K | 491K | 487K | 488K | 489K | 490K |
Retained Earnings | 99.13M | 129.55M | 249M | 353.93M | 500.21M | 653.28M | 789.55M | 934.65M | 1.09B | 1.1B |
Treasury Stock | -40.16M | -40.63M | -41.28M | -41.28M | -41.28M | -41.28M | -41.28M | -41.28M | -75.42M | 0 |
Accumulated OCI | -11.46M | -16.23M | -17M | -36.02M | -18.23M | -18.45M | -1.09M | -1.05M | 781K | -2.57M |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
OLED Cash Flow Statement
Universal Display Corporation (OLED) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 133.37M | 121.8M | 193.91M | 148.79M | 191.1M | 126.81M | 154.78M | 253.74M | 210.83M | 289.14M |
Operating CF Margin % | 39.74% | 49.23% | 47.86% | 34.69% | 34.53% | 20.57% | 26.85% | 39.18% | 32.4% | - |
Operating CF Growth % | 66% | -8.67% | 59.21% | -23.27% | 28.44% | -33.64% | 22.05% | 63.94% | -16.91% | 245.18% |
Net Income | 103.89M | 58.84M | 138.3M | 133.37M | 184.21M | 210.06M | 203.01M | 222.08M | 242.07M | 213.53M |
Depreciation & Amortization | 26.9M | 30.57M | 34.42M | 37.19M | 41.96M | 42.27M | 43.4M | 44.14M | 46.59M | 48.65M |
Stock-Based Compensation | 14.89M | 16.8M | 17.7M | 28.28M | 36.27M | 29.95M | 24.11M | 30.03M | 28.23M | 23.37M |
Deferred Taxes | 24.4M | -12.81M | -5.78M | -4.45M | 1.75M | -26.95M | -3.77M | -19.12M | -1.04M | 2.06M |
Other Non-Cash Items | -9.12M | -66.94M | -130.25M | -182.19M | -213.49M | 5.78M | -8.47M | 1.91M | -5.49M | 2.54M |
Working Capital Changes | -27.59M | 95.34M | 139.53M | 136.59M | 140.4M | -134.3M | -103.5M | -25.3M | -99.53M | -957K |
Change in Receivables | -27.36M | 9.23M | -17.32M | -21.81M | -25.38M | 14.97M | -47.19M | 26.2M | -6.3M | 45.93M |
Change in Inventory | -18.95M | -37.37M | 109K | -28.75M | -46.12M | -49.06M | 7.42M | -7.14M | -57.97M | -50.81M |
Change in Payables | 16.42M | -27.84M | -582K | -5.22M | 10.42M | 3.34M | 4.05M | 10.36M | 2.11M | 160K |
Cash from Investing | -125.58M | -21M | -238.71M | 391.26M | -457.75M | -280.74M | -83.29M | -164.41M | -45.48M | -93.78M |
Capital Expenditures | -29.8M | -25.39M | -30.46M | -28.05M | -43.55M | -47.21M | -59.79M | -42.64M | -56.47M | -62.02M |
CapEx % of Revenue | 8.88% | 10.26% | 7.52% | 6.54% | 7.87% | 7.66% | 10.37% | 6.58% | 8.68% | 9.9% |
Acquisitions | 0 | 0 | 401K | 60K | 394K | 4.71M | 0 | 0 | 0 | 0 |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | -95.78M | 4.39M | -401K | -60K | -394K | -4.71M | -66.56M | 0 | -10M | -40M |
Cash from Financing | -14.31M | -22.61M | -34.59M | -41.66M | -51.37M | -64.64M | -72.93M | -82.33M | -125.98M | -193.49M |
Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Equity Issued (Net) | 734K | 321K | 240K | 1.18M | 1.51M | 1.57M | 2.01M | 2.22M | -30.86M | -97.98M |
Dividends Paid | -5.65M | -11.31M | -18.85M | -28.45M | -37.93M | -57M | -66.73M | -76.17M | -85.55M | -87.6M |
Share Repurchases | 0 | -477K | -649K | 0 | 0 | 0 | 0 | 0 | -32.88M | -100M |
Other Financing | -9.39M | -11.62M | -15.98M | -14.39M | -14.95M | -9.21M | -8.21M | -8.39M | -9.57M | -7.91M |
Net Change in Cash | -6.53M▲ 0% | 78.18M▲ 1298.2% | -79.39M▼ 201.6% | 498.38M▲ 727.7% | -318.02M▼ 163.8% | -218.56M▲ 31.3% | -1.45M▲ 99.3% | 7M▲ 584.1% | 39.37M▲ 462.9% | 1.88M▲ 0% |
Free Cash Flow | 103.56M▲ 0% | 96.41M▼ 6.9% | 163.45M▲ 69.5% | 120.74M▼ 26.1% | 147.55M▲ 22.2% | 79.61M▼ 46.0% | 28.42M▼ 64.3% | 211.1M▲ 642.7% | 154.36M▼ 26.9% | 237.13M▲ 0% |
FCF Margin % | 30.86% | 38.97% | 40.34% | 28.15% | 26.66% | 12.91% | 4.93% | 32.59% | 23.73% | 37.85% |
FCF Growth % | 551.23% | -6.91% | 69.55% | -26.13% | 22.2% | -46.05% | -64.3% | 642.75% | -26.88% | 44.89% |
FCF per Share | 2.21 | 2.06 | 3.48 | 2.56 | 3.12 | 1.68 | 0.60 | 4.43 | 3.24 | 5.02 |
FCF Conversion (FCF/Net Income) | 1.28x | 2.07x | 1.40x | 1.12x | 1.04x | 0.60x | 0.76x | 1.14x | 0.87x | 1.11x |
Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Taxes Paid | 0 | 17.77M | 46.6M | 36.27M | 52.65M | 72.35M | 96.18M | 71.97M | 0 | 43.35M |
OLED Key Ratios
Universal Display Corporation (OLED) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 17.5% | 8.72% | 18.42% | 15.47% | 18.31% | 17.69% | 14.91% | 14.5% | 14.33% | 12.33% |
Return on Invested Capital (ROIC) | 23.97% | 8.46% | 20.49% | 24.37% | 30.91% | 19.77% | 12.58% | 12.29% | 11.75% | 10.32% |
Gross Margin | 83.7% | 78.36% | 81.4% | 80.07% | 79.23% | 79.26% | 76.51% | 77.08% | 73.44% | 73.48% |
Net Margin | 30.95% | 23.78% | 34.13% | 31.1% | 33.28% | 34.07% | 35.22% | 34.29% | 37.21% | 34.08% |
Debt / Equity | - | - | - | 0.01x | 0.02x | 0.02x | 0.02x | 0.01x | 0.02x | 0.00x |
FCF Conversion | 1.28x | 2.07x | 1.40x | 1.12x | 1.04x | 0.60x | 0.76x | 1.14x | 0.87x | 1.11x |
Revenue Growth | 68.75% | -26.28% | 63.76% | 5.85% | 29.07% | 11.4% | -6.52% | 12.36% | 0.45% | -3.42% |
Related:OLED Dividend History·OLED Revenue History·OLED Price History·OLED P/E History·OLED Financial Ratios·OLED Institutional Holders
OLED SEC Filings & Documents
Universal Display Corporation (OLED) SEC filings — annual & quarterly reports (10-K, 10-Q)
OLED Frequently Asked Questions
Universal Display Corporation (OLED) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Universal Display Corporation (OLED) reported $626.5M in revenue for fiscal year 2025. This represents a 626445% increase from $0.1M in 1996.
Universal Display Corporation (OLED) grew revenue by 0.5% over the past year. Growth has been modest.
Yes, Universal Display Corporation (OLED) is profitable, generating $213.5M in net income for fiscal year 2025 (37.2% net margin).
Dividend & Returns
Yes, Universal Display Corporation (OLED) pays a dividend with a yield of 2.02%. This makes it attractive for income-focused investors.
Universal Display Corporation (OLED) has a return on equity (ROE) of 14.3%. This is reasonable for most industries.
Universal Display Corporation (OLED) generated $237.1M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.