Universal Display (OLED) — Cash Flow Quality Index
Universal Display (OLED) has a Cash Flow Quality Index of 3.03x as of March 2026. Operating cash flow of $108.88 Million exceeds net income of $35.90 Million, indicating high earnings quality where cash backs reported profits. Explore OLED cash flow conversion to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Universal Display Cash Flow Quality Index (2011–2025)
Historical Cash Flow Quality Index for Universal Display across 15 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check OLED total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Universal Display (2011–2025)
Year-by-year earnings quality comparison for Universal Display. For live market cap and the full company financial profile, see OLED stock market capitalisation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.87x | $210.83 Million | $242.07 Million | ▼ -23.8% |
| 2024 | 1.14x | $253.74 Million | $222.08 Million | ▲ +49.9% |
| 2023 | 0.76x | $154.78 Million | $203.01 Million | ▲ +26.3% |
| 2022 | 0.60x | $126.81 Million | $210.06 Million | ▼ -41.8% |
| 2021 | 1.04x | $191.10 Million | $184.21 Million | ▼ -7.0% |
| 2020 | 1.12x | $148.79 Million | $133.37 Million | ▼ -20.4% |
| 2019 | 1.40x | $193.91 Million | $138.30 Million | ▼ -32.3% |
| 2018 | 2.07x | $121.80 Million | $58.84 Million | ▲ +61.2% |
| 2017 | 1.28x | $133.37 Million | $103.89 Million | ▼ -23.2% |
| 2016 | 1.67x | $80.34 Million | $48.07 Million | ▼ -78.4% |
| 2015 | 7.74x | $113.61 Million | $14.68 Million | ▲ +585.3% |
| 2014 | 1.13x | $47.27 Million | $41.85 Million | ▲ +85.9% |
| 2013 | 0.61x | $44.99 Million | $74.05 Million | ▼ -66.9% |
| 2012 | 1.84x | $17.75 Million | $9.66 Million | ▼ -64.7% |
| 2011 | 5.20x | $16.41 Million | $3.16 Million | — |