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Universal Display OLED Free cash flow margin

Free cash flow margin at other companies

Adeia logo
AdeiaADEA
34.2%-18.7pp
Dolby Laboratories, Inc. logo
Dolby Laboratories, Inc.DLB
22.1%-7.5pp
InterDigital logo
InterDigitalIDCC
69.8%
PPG Industries logo
PPG IndustriesPPG
7.6%+2.6pp
Rambus logo
RambusRMBS
46.5%+7.9pp
Applied Materials logo
Applied MaterialsAMAT
18.4%-2.5pp

Other financials

Income statement

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Revenue$142.2M-14.5%
Gross profit$106.1M-17.2%
Operating income$42.8M-38.6%
Net income$35.9M-44.3%
EPS (diluted)$0.76-43.7%

Balance sheet

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Cash & equivalents$159.4M
Total debt$40.9M
Total equity$1.7B+2.7%
Total assets$1.9B

Cash flow

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Operating cash flow$108.9M+256%
CapEx$8.6M-34.1%
Free cash flow$100.3M+473%

Valuation

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Market cap$4.16B-34.8%
Enterprise value$4.04B
P/E19.5×-8.3×
P/S6.6×-3.2×

Profitability

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Gross margin75.7%-1.2pp
Operating margin35.4%-2.5pp
Net margin34.1%-1.3pp

Returns & leverage

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Return on equity12.7%-1.9pp
Debt / equity
Current ratio9.5×

Where this comes from

Calculated from Universal Display’s reported figures.

Based on trailing twelve months.

The official record: Universal Display’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Universal Display's free cash flow margin?
Universal Display (OLED) reported free cash flow margin of 37.8% in Q1 2026.
How has Universal Display's free cash flow margin changed year-over-year?
Universal Display's free cash flow margin increased by 50.0% year-over-year, from 25.2% to 37.8%.
What is the long-term trend for Universal Display's free cash flow margin?
Over 4 years (2020 to 2025), Universal Display's free cash flow margin has grown at a -4.2% compound annual growth rate (CAGR), from 28.2% to 23.7%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.