Universal Display (OLED) — Capital Reinvestment Ratio
Universal Display (OLED) has a Capital Reinvestment Ratio of 0.19x as of June 2026, meaning it reinvests 0% of its operating cash flow ($24.98 Million) in capital expenditures ($4.63 Million). Check tangible net worth ratio of Universal Display to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Universal Display Capital Reinvestment Ratio (2011–2025)
This chart tracks Universal Display's Capital Reinvestment Ratio across 15 annual periods. For the full cash flow conversion analysis, see Universal Display cash conversion from operations.
Annual Capital Reinvestment Ratio for Universal Display (2011–2025)
Year-by-year Capital Reinvestment Ratio for Universal Display from 2011 to 2025. See Universal Display free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.32x | $210.83 Million | $66.47 Million | ▲ +87.6% |
| 2024 | 0.17x | $253.74 Million | $42.64 Million | ▼ -79.4% |
| 2023 | 0.82x | $154.78 Million | $126.36 Million | ▲ +119.3% |
| 2022 | 0.37x | $126.81 Million | $47.21 Million | ▲ +63.3% |
| 2021 | 0.23x | $191.10 Million | $43.55 Million | ▲ +20.9% |
| 2020 | 0.19x | $148.79 Million | $28.05 Million | ▲ +20.0% |
| 2019 | 0.16x | $193.91 Million | $30.46 Million | ▼ -24.7% |
| 2018 | 0.21x | $121.80 Million | $25.39 Million | ▼ -6.7% |
| 2017 | 0.22x | $133.37 Million | $29.80 Million | ▼ -82.6% |
| 2016 | 1.29x | $80.34 Million | $103.29 Million | ▲ +2762.4% |
| 2015 | 0.04x | $113.61 Million | $5.10 Million | ▼ -65.5% |
| 2014 | 0.13x | $47.27 Million | $6.15 Million | ▲ +15.5% |
| 2013 | 0.11x | $44.99 Million | $5.07 Million | ▼ -98.2% |
| 2012 | 6.30x | $17.75 Million | $111.84 Million | ▲ +3274.1% |
| 2011 | 0.19x | $16.41 Million | $3.06 Million | — |