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OLED Financials Universal Display Corp \Pa\

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 8.7% per year over the past 5 years.
  • Net income has grown faster than revenue (12.7% vs 8.7% per year).
  • Operating margin has expanded, at 38.2% in the latest year.
  • Free cash flow has grown 5.0% per year over the past 5 years.

Shareholder returns

  • Dividends have been paid for 9 consecutive years, consuming 35.4% of earnings and 55.4% of free cash flow.
  • The dividend has grown 24.6% per year over the past 5 years.
Revenue & net income
$0 $325M $651M 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
0% 42% 84% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Free cash flow (CFO − capex)
$0 $106M $211M 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $315M $630M 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$458M -$33M $391M $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $651M $242M 76.3% 38.2% $154M $138M
2024 $648M $222M 77.1% 36.9% $211M $99M
2023 $576M $203M 76.5% 37.7% $95M $92M
2022 $617M $210M 79.3% 43.3% $84M $93M
2021 $554M $184M 79.2% 41.1% $148M $312M
2020 $429M $133M 80.1% 36.7% $121M $630M
2019 $405M $138M 81.4% 39.1% $164M $132M
2018 $247M $59M 78.4% 22.9% $96M $211M
2017 $336M $104M 83.7% 43.6% $104M $133M
2016 $48M $73M $139M
2015 $104M $109M $98M
2014 $42M $41M $45M
2013 $74M $40M $71M
2012 $10M $15M $86M
2011 $3M $14M $112M

Valuation over time

How the market has priced OLED against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 26.0 52.1 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 9.2 18.3 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S
Dividend yield (%)
0.0 1.0 2.1 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
Dividend yield %

Frequently asked questions

Is OLED growing its revenue and profit?

Over the past 5 years, Universal Display Corp \Pa\'s revenue has grown 8.7% per year, and net income grown 12.7% per year. These are computed facts, not advice.

How much debt does OLED have?

As of FY2025, Universal Display Corp \Pa\ reported — of total debt against $138M of cash.

What is OLED's profit margin?

In FY2025, gross margin was 76.3%, operating margin 38.2%, and net margin 37.2%.

What is OLED's P/E ratio?

As of Jun '26, Universal Display Corp \Pa\ traded at a price-to-earnings ratio of about 16.9× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.