Universal Display OLED Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 76.3%-0.8pp | 77.1%+0.6pp | 76.5%-2.7pp | 79.3%0.0pp | |
| Operating margin | 38.2%+1.3pp | 36.9%-0.8pp | 37.7%-5.6pp | 43.3%+2.2pp | |
| Net margin | 37.2%+2.9pp | 34.3%-0.9pp | 35.2%+1.2pp | 34.1%+0.8pp | |
| EBITDA margin | 45.4%+1.7pp | 43.7%-1.5pp | 45.2%-5.0pp | 50.2%+1.5pp | |
| Free cash flow margin | 23.7%-8.9pp | 32.6%+14.7pp | 17.9%— | —— | |
| Returns | |||||
| Return on equity | 14.3%-0.2pp | 14.5%-0.4pp | 14.9%-2.8pp | 17.7%-0.6pp | |
| Return on assets | 12.8%+0.1pp | 12.7%0.0pp | 12.7%-1.3pp | 14%+0.5pp | |
| Return on invested capital | 12.7%-0.5pp | 13.1%-0.4pp | 13.6%-6.4pp | 20%-12.3pp | |
| Efficiency | |||||
| Asset turnover | 0.3×0.0× | 0.4×0.0× | 0.4×-0.1× | 0.4×0.0× | |
| Inventory turnover | 0.7×-0.1× | 0.8×+0.1× | 0.8×-0.1× | 0.8×-0.2× | |
| Liquidity | |||||
| Current ratio | 10.1×+2.9× | 7.2×-0.5× | 7.7×+1.1× | 6.6×+1.7× | |
| Quick ratio | 7.8×+2.1× | 5.7×-0.5× | 6.2×+1.0× | 5.3×+1.1× | |
| Cash ratio | 1.3×+0.5× | 0.8×0.0× | 0.8×+0.1× | 0.7×-1.0× | |
| Leverage | |||||
| Debt-to-equity | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Debt-to-assets | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Net debt / EBITDA | -0.3×-0.1× | -0.2×0.0× | -0.2×-0.1× | -0.1×+0.8× | |
| Per Share | |||||
| Book value per share | $36.95+8.9% | $33.92+11.6% | $30.39+13.1% | $26.87+15.7% | |
| Valuation | |||||
| Market capitalization | $5.55B-20.0% | $6.94B-23.7% | $9.1B+77.7% | $5.12B-34.5% | |
| Enterprise value | $5.46B-20.7% | $6.88B-24.0% | $9.06B+78.0% | $5.09B-32.7% | |
| Price / earnings | 22.9×-8.3× | 31.2×-13.6× | 44.8×+20.4× | 24.4×-18.1× | |
| Price / sales | 8.5×-2.2× | 10.7×-5.1× | 15.8×+7.5× | 8.3×-5.8× | |
| Price / book | 3.2×-1.1× | 4.3×-2.0× | 6.3×+2.3× | 4×-3.1× | |
| EV / EBITDA | 18.5×-5.8× | 24.3×-10.4× | 34.8×+18.3× | 16.4×-11.6× | |
| EV / sales | 8.4×-2.2× | 10.6×-5.1× | 15.7×+7.5× | 8.3×-5.4× | |
| Free cash flow yield | 2.8%-0.3pp | 3%+1.9pp | 1.1%— | —— | |
| Earnings yield | 4.4%+1.2pp | 3.2%+1.0pp | 2.2%-1.9pp | 4.1%+1.7pp | |
| Dividend yield | 1.5%+0.4pp | 1.1%+0.4pp | 0.7%-0.4pp | 1.1%+0.6pp | |
| PEG ratio | 2.5×-0.8× | 3.3×— | —— | 1.7×+0.6× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Universal Display's profit margins?
- Universal Display (OLED) runs a 75.7% gross margin and a 35.4% operating margin, with a 34.1% net margin.
- Where do Universal Display's ratios come from?
- Every ratio is computed from Universal Display's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.