Universal Display (OLED) — Cash Flow Quality Index

Latest as of June 2026: 0.51x

Universal Display (OLED) has a Cash Flow Quality Index of 0.51x as of June 2026. Operating cash flow of $24.98 Million is below net income of $49.42 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore OLED cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.51x
Operating CF / Net Income

Operating Cash Flow

$24.98 Million
USD

Net Income

$49.42 Million
USD

Data as of

Jun 2026
Most recent filing

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. For the full cash flow conversion analysis, see Universal Display cash conversion from operations.

Annual Cash Flow Quality Index for Universal Display (2011–2025)

Year-by-year earnings quality comparison for Universal Display.

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
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.