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.

Revenue
+14.9%
EPS
+85.6%
Free cash flow
+13.8%

Quarter to September 2026, against a year earlier

87.82 1.75 −1.95%
Market cap
$3.9B
P/E
17.8×
Fwd P/E
19.2×
Dividend yield
2.22%
F-score
6/9
Altman Z
18.56
Beneish M
−2.35
Dividend safety
86/100

Universal Display Corporation (OLED) Operating margin

Alert me on Operating margin

Universal Display Corporation's operating margin over the twelve months to 30 September 2026 was 34.6%, down 3.6 percentage points from fiscal 2025 (38.2%). Over the past ten years it has ranged from 16.9% (fiscal 2015) to 43.6% (fiscal 2017); the current reading is higher than 64% of that period. That is above the Electronic Components industry median of 4.90% and above the Technology sector median of 0.02%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 38.2% 1.34
FY2024 36.9% (0.81)
FY2023 37.7% (5.64)
FY2022 43.3% 2.19
FY2021 41.1% 4.40
FY2020 36.7% (2.35)
FY2019 39.1% 16.15
FY2018 22.9% (20.64)
FY2017 43.6% 9.17
FY2016 34.4% 17.51

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 33.5% (1.78)
Jun 2026 35.3% 5.20
Mar 2026 30.1% (8.82)
Dec 2025 38.9% 7.98
43 more quarters

Against its own ten years

Low 16.9% High 43.6%
Ten-year median 37.7%
Current reading's percentile 26

Operating margin against peers

Company Operating margin
OLED Universal Display Corporation 34.6%
BELFA Bel Fuse Inc. compare 16.2%
BELFB Bel Fuse Inc. compare 16.2%
KN Knowles Corporation compare 14.6%
OSIS OSI Systems, Inc. compare 12.2%
ROG Rogers Corporation compare 7.94%
PLXS Plexus Corp. compare 5.31%
BHE Benchmark Electronics, Inc. compare 3.49%
OUST Ouster, Inc. compare −25.6%
Electronic Components industry median 4.90%
Technology sector median 0.02%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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