Saturday 10 October 2026 Export all OLED data to Excel Powerpack

Universal Display Corporation

OLED Technology Electronic Components

Universal Display Corporation’s revenue for fiscal 2025 (year ended December 2025) was $650.6 million, roughly unchanged from fiscal 2024. In the quarter to June 2026, revenue fell 11.4%, EPS fell 24.8% and free cash flow fell 45.7%, each against the same quarter a year earlier. Dividend growth for ten consecutive years; insiders bought in the last twelve months.

74.96 2.06 +2.83%
Market cap
$3.4B
P/E
18.1×
Fwd P/E
20.1×
Dividend yield
2.60%
F-score
6/9
Altman Z
18.56
Beneish M
−2.35
Dividend safety
86/100
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16
P/E ratio
22.94 31.37 43.90 24.14 42.64 82.07 70.57 75.46 79.34 56.23
Piotroski F-Score
6 8 4 7 6 5 8 4 6 7
Altman Z-Score
18.56 21.33 26.63 14.10 14.73 20.11 20.62 12.13 41.96 17.10
P/S ratio
8.53 10.73 15.39 8.20 14.10 25.29 23.88 17.72 24.19 13.38
P/FCF ratio
71.33 48.10 312.21 63.52 52.90 89.83 59.20 10,537.87 1,072.03 0.00
Altman Z″-Score (non-manufacturers)
15.05 13.18 12.41 11.03 8.60 8.36 8.13 7.37 11.23 9.81
Beneish M-Score
(2.35) (2.62) (1.71) (2.13) (2.03) (2.22) (2.31) (3.22) (1.89) (2.45)
P/Operating CF
178.26 200.26 239.38 1,914.62 137.47 148.65 172.29 163.33 130.72 66.53
Dividend Safety Score
86 — — — — — — — — —
P/B ratio
3.15 4.30 6.13 3.96 7.10 11.88 11.93 6.35 12.32 5.04
Price to Tangible BV
3.30 4.57 6.65 4.17 7.61 13.29 13.96 7.96 16.33 7.72
EV/Sales
7.61 9.97 14.50 7.26 12.90 23.59 22.29 15.64 22.94 11.73
EV/EBITDA
16.77 22.83 32.08 14.79 26.53 53.31 177.95 315.20 48.37 29.19
EV/Operating CF
23.48 25.46 54.01 35.32 37.37 67.99 46.57 31.76 57.72 29.05
EV/FCF
63.59 44.69 294.13 56.26 48.40 83.79 55.25 9,299.06 1,016.53 (101.67)
Quick Ratio
6.69 4.83 5.50 4.94 4.10 4.92 4.37 4.19 7.41 8.78
Current Ratio
10.06 7.18 7.72 6.63 4.93 5.61 4.91 4.77 8.13 9.58
Net Debt/EBITDA
(2.04) (1.74) (1.97) (1.91) (2.46) (3.85) (12.73) (41.99) (2.64) (4.10)
Debt/Assets
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Debt/Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Asset Turnover
0.34 0.37 0.36 0.41 0.40 0.36 0.39 0.29 0.48 0.34
Operating CF/Net income
0.87 1.15 0.77 0.61 1.04 1.12 1.41 2.09 1.30 1.70
Capex/Depreciation
(1.43) (0.97) (2.91) (1.32) (1.05) (0.87) 0.28 0.57 (2.31) (8.96)
ROE
14.33% 14.46% 14.84% 17.58% 18.31% 15.35% 18.27% 8.62% 17.22% 9.51%
ROA
12.75% 12.66% 12.62% 13.92% 13.47% 11.08% 13.36% 6.79% 14.53% 7.98%
ROIC
13.41% 13.28% 14.55% 23.93% 32.58% 53.89% 59.85% 20.24% 38.28% 21.33%
Return on Tangible Assets
20.26% 22.85% 20.75% 23.02% 21.25% 15.36% 19.09% 10.18% 19.98% 12.71%
Average Days of Receivables
67.30 64.05 88.55 54.85 70.98 70.01 54.46 63.63 56.94 45.87
Research and Development Expense of Revenue
22.46% 24.27% 22.64% 18.98% 18.01% 19.56% 17.59% 21.71% 14.64% 21.49%
Selling, General and Administrative Expense of Revenue
11.42% 11.47% 11.69% 12.63% 14.52% 14.30% 14.71% 19.00% 13.95% 16.53%
Intangible Assets out of Total Assets
0.04 0.05 0.07 0.04 0.05 0.08 0.11 0.15 0.21 0.29
Share Based Compensation of Revenue
4.34% 4.64% 4.18% 4.86% 6.55% 6.59% 4.37% 6.79% 4.44% 6.58%
Graham Net Nets
0.16 0.10 0.08 0.13 0.07 0.05 0.05 0.09 0.05 0.11
Graham Number
65.13 59.70 53.94 51.73 45.00 34.90 33.69 20.28 26.36 16.17
Earnings Yield
4.36% 3.19% 2.28% 4.14% 2.35% 1.22% 1.42% 1.33% 1.26% 1.78%
Free Cash Flow Yield
1.40% 2.08% 0.32% 1.57% 1.89% 1.11% 1.69% 0.01% 0.09% (0.86%)
Revenue per Share
13.68 13.62 12.12 13.01 11.70 9.09 8.63 5.28 7.18 4.29
Operating CF per Share
4.43 5.34 3.25 2.68 4.04 3.15 4.13 2.60 2.85 1.73
Capex per Share
(1.40) (0.90) (2.66) (1.00) (0.92) (0.59) (0.65) (0.54) (0.64) (2.23)
Free Cash Flow per Share
3.04 4.44 0.60 1.68 3.12 2.56 3.48 2.06 2.22 (0.49)
Cash per Share
12.67 10.36 10.81 12.19 14.02 15.47 13.76 11.00 8.99 7.07
Shareholders Equity per Share
37.04 34.00 30.43 26.91 23.26 19.34 17.28 14.74 14.11 11.39
Interest Debt per Share
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Book value per Share
37.04 34.00 30.43 26.91 23.26 19.34 17.28 14.74 14.11 11.39
Free Cash Flow
144.36 211.10 28.42 79.61 147.55 120.74 163.45 96.41 103.56 (22.95)
Working Capital
979.05 774.42 798.31 763.75 738.00 759.65 630.93 501.66 455.36 345.16
Capital Expenditures
(66.47) (42.64) (126.35) (47.21) (43.55) (28.05) (30.46) (25.39) (29.80) (103.29)
Net Current Asset Value
884.32 684.02 695.40 642.00 558.93 568.09 483.73 391.92 398.28 286.28
EV/EBIT
19.91 27.05 38.49 16.77 31.37 64.22 57.03 68.18 52.64 34.11
Capex to Sales
0.10 0.07 0.22 0.08 0.08 0.07 0.08 0.10 0.09 0.52
Price to Operating Income
22.34 29.11 40.86 18.93 34.29 68.85 61.11 77.27 55.51 38.90
Other line items
Depreciation/Fixed assets
0.22 0.23 0.25 0.25 0.32 0.32 (1.22) (0.64) 0.23 0.42
Cash ROIC
6.11% 10.01% 1.45% 4.30% 8.37% 7.35% 11.21% 7.99% 9.59% (2.68%)
Accounts Receivable Turnover
5.57 5.11 4.96 6.16 5.83 6.01 7.82 5.18 8.68 8.00
Accounts Payable Turnover
5.14 6.25 13.24 10.45 8.00 6.31 6.33 4.41 5.00 3.51
Inventory Turnover
0.73 0.83 0.75 0.81 1.02 1.10 1.13 1.01 2.04 1.75
Average Days of Payables
55.28 89.96 29.48 27.17 47.47 58.93 64.39 71.80 91.91 112.63
Days of Inventory on Hand
570.53 449.76 473.98 522.89 425.85 391.10 309.69 477.20 242.00 240.40
Average Receivables
116.80 126.75 116.26 100.15 94.95 71.36 51.79 47.74 38.67 24.86
Average Payables
29.97 23.76 10.23 12.24 14.38 13.55 11.91 12.15 10.94 7.48
Average Inventory
211.93 179.37 179.51 158.69 112.88 77.77 66.98 53.13 26.79 15.03
Average Assets
1,898.05 1,750.65 1,600.89 1,499.87 1,368.07 1,194.69 1,026.79 856.69 703.76 593.49
Average Common Equity
1,688.77 1,531.87 1,361.30 1,187.64 1,006.31 862.08 750.98 674.78 593.76 497.61

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