Universal Display OLED Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 75.7%-1.2pp | 76.3%-0.8pp | 76.5%-0.6pp | 77.3%+0.6pp | 76.9%-0.3pp | |
| Operating margin | 35.4%-2.5pp | 38.2%+1.3pp | 36.5%-2.5pp | 38.9%+1.6pp | 37.9%-0.5pp | |
| Net margin | 34.1%-1.3pp | 37.2%+2.9pp | 34.7%-2.3pp | 36.9%+1.2pp | 35.4%-0.6pp | |
| EBITDA margin | 43.1%-1.5pp | 45.4%+1.7pp | 43.7%-2.3pp | 45.6%+1.0pp | 44.7%-1.1pp | |
| Free cash flow margin | 37.8%+12.6pp | 23.7%-8.9pp | 25.2%-8.7pp | 21.6%— | 25.2%— | |
| Returns | ||||||
| Return on equity | 12.7%-1.9pp | 14.3%-0.2pp | 13.3%-2.7pp | 15.1%-0.5pp | 14.6%-1.2pp | |
| Liquidity | ||||||
| Current ratio | 9.5×— | —— | —— | —— | —— | |
| Quick ratio | 7×— | —— | —— | —— | —— | |
| Cash ratio | 1.6×— | —— | —— | —— | —— | |
| Leverage | ||||||
| Debt-to-equity | 0×— | —— | —— | —— | —— | |
| Debt-to-assets | 0×— | —— | —— | —— | —— | |
| Net debt / EBITDA | -0.4×— | —— | —— | —— | —— | |
| Per Share | ||||||
| Book value per share | $36.10+3.7% | $36.95+8.9% | $36.60+9.9% | $35.96+12.2% | $34.79+11.6% | |
| Valuation | ||||||
| Market capitalization | $4.32B-34.8% | $5.55B-20.0% | $6.83B-31.6% | $7.4B-26.0% | $6.62B-17.4% | |
| Enterprise value | $4.2B— | —— | —— | —— | —— | |
| Price / earnings | 20.2×-8.6× | 22.9×-8.3× | 30.8×-11.1× | 30.2×-14.7× | 28.8×-7.6× | |
| Price / sales | 6.9×-3.3× | 8.5×-2.2× | 10.7×-4.8× | 11.2×-4.9× | 10.2×-2.9× | |
| Price / book | 2.5×-1.5× | 3.2×-1.1× | 3.9×-2.4× | 4.3×-2.2× | 4×-1.4× | |
| EV / EBITDA | 15.5×— | —— | —— | —— | —— | |
| EV / sales | 6.7×— | —— | —— | —— | —— | |
| Free cash flow yield | 5.5%+3.0pp | 2.8%-0.3pp | 2.4%+0.2pp | 1.9%— | 2.5%— | |
| Earnings yield | 4.9%+1.5pp | 4.4%+1.2pp | 3.2%+0.9pp | 3.3%+1.1pp | 3.5%+0.7pp | |
| Dividend yield | 2%+0.9pp | 1.5%+0.4pp | 1.2%+0.5pp | 1.1%+0.4pp | 1.2%+0.3pp |
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.