Universal Display (OLED) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
647.7M
Gross Profit
499.2M
77.08%
Operating Income
238.8M
36.87%
Net Income
222.1M
34.29%
EPS (Diluted)
$4.65
Balance Sheet Metrics
Total Assets
1.8B
Total Liabilities
215.8M
Shareholders Equity
1.6B
Debt to Equity
0.13
Cash Flow Metrics
Operating Cash Flow
241.5M
Free Cash Flow
211.1M
Revenue & Profitability Trend
Universal Display Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 647.7M | 576.4M | 616.6M | 553.5M | 428.9M |
| Cost of Goods Sold | 148.5M | 135.4M | 127.9M | 115.0M | 85.5M |
| Gross Profit | 499.2M | 441.1M | 488.7M | 438.5M | 343.4M |
| Operating Expenses | 242.2M | 207.9M | 204.2M | 188.9M | 163.9M |
| Operating Income | 238.8M | 217.2M | 267.1M | 227.6M | 157.5M |
| Pre-tax Income | 272.1M | 245.2M | 268.2M | 228.2M | 163.5M |
| Income Tax | 50.0M | 42.2M | 58.2M | 44.0M | 30.2M |
| Net Income | 222.1M | 203.0M | 210.1M | 184.2M | 133.4M |
| EPS (Diluted) | $4.65 | $4.24 | $4.40 | $3.87 | $2.80 |
Income Statement Trend
Universal Display Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 899.8M | 917.1M | 899.4M | 925.9M | 924.6M |
| Non-Current Assets | 932.5M | 751.8M | 633.4M | 541.0M | 344.6M |
| Total Assets | 1.8B | 1.7B | 1.5B | 1.5B | 1.3B |
| Liabilities | |||||
| Current Liabilities | 125.4M | 118.8M | 135.7M | 187.9M | 165.0M |
| Non-Current Liabilities | 90.4M | 102.9M | 121.8M | 179.1M | 191.6M |
| Total Liabilities | 215.8M | 221.7M | 257.5M | 367.0M | 356.5M |
| Equity | |||||
| Total Shareholders Equity | 1.6B | 1.4B | 1.3B | 1.1B | 912.7M |
Balance Sheet Composition
Universal Display Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 222.1M | 203.0M | 210.1M | 184.2M | 133.4M |
| Operating Cash Flow | 241.5M | 159.2M | 117.7M | -44.8M | 155.3M |
| Investing Activities | |||||
| Capital Expenditures | -42.6M | -59.8M | -42.5M | -43.2M | -28.0M |
| Investing Cash Flow | -164.4M | -16.7M | -276.0M | -457.4M | 391.3M |
| Financing Activities | |||||
| Dividends Paid | -76.2M | -66.7M | -57.0M | -37.9M | -28.4M |
| Financing Cash Flow | -82.3M | -72.9M | -64.6M | -51.4M | -41.7M |
| Free Cash Flow | 211.1M | 28.4M | 79.6M | 147.6M | 120.7M |
Cash Flow Trend
Universal Display Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
31.64
Forward P/E
28.45
Price to Book
4.36
Price to Sales
11.15
PEG Ratio
28.45
Profitability Ratios
Profit Margin
35.40%
Operating Margin
41.90%
Return on Equity
14.61%
Return on Assets
8.65%
Financial Health
Current Ratio
9.00
Debt to Equity
1.37
Beta
1.51
Per Share Data
EPS (TTM)
$4.81
Book Value per Share
$34.88
Revenue per Share
$13.64
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| oled | 7.2B | 31.64 | 4.36 | 14.61% | 35.40% | 1.37 |
| Amphenol | 115.2B | 46.24 | 11.18 | 27.53% | 15.57% | 69.10 |
| TE Connectivity | 49.2B | 36.05 | 4.08 | 11.22% | 8.67% | 46.48 |
| Fabrinet | 9.5B | 29.68 | 5.00 | 18.30% | 10.00% | 0.30 |
| Littelfuse | 5.5B | 58.50 | 2.25 | 3.87% | 4.31% | 36.17 |
| Sanmina | 5.0B | 21.64 | 2.25 | 11.16% | 3.09% | 15.28 |
Financial data is updated regularly. All figures are in the company's reporting currency.