Universal Display (OLED) — Free Cash Flow Generation Index
Universal Display (OLED) has a Free Cash Flow Generation Index of 0.92x as of March 2026. Free cash flow of $100.27 Million represents 1% of operating cash flow ($108.88 Million). Read Universal Display (OLED) financial obligations for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Universal Display Free Cash Flow Generation Index (2011–2025)
Historical FCF Generation Index trend for Universal Display across 15 annual periods. Explore OLED capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Universal Display (2011–2025)
Year-by-year Free Cash Flow Generation Index for Universal Display. For the full company profile including market capitalisation, see OLED market cap overview.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.73x | $154.36 Million | $210.83 Million | $56.47 Million | ▼ -12.0% |
| 2024 | 0.83x | $211.10 Million | $253.74 Million | $42.64 Million | ▲ +353.1% |
| 2023 | 0.18x | $28.42 Million | $154.78 Million | $126.36 Million | ▼ -70.7% |
| 2022 | 0.63x | $79.61 Million | $126.81 Million | $47.21 Million | ▼ -18.7% |
| 2021 | 0.77x | $147.55 Million | $191.10 Million | $43.55 Million | ▼ -4.9% |
| 2020 | 0.81x | $120.74 Million | $148.79 Million | $28.05 Million | ▼ -3.7% |
| 2019 | 0.84x | $163.45 Million | $193.91 Million | $30.46 Million | ▲ +6.5% |
| 2018 | 0.79x | $96.41 Million | $121.80 Million | $25.39 Million | ▲ +1.9% |
| 2017 | 0.78x | $103.56 Million | $133.37 Million | $29.80 Million | ▲ +371.8% |
| 2016 | -0.29x | $-22.95 Million | $80.34 Million | $103.29 Million | ▼ -129.9% |
| 2015 | 0.96x | $108.51 Million | $113.61 Million | $5.10 Million | ▲ +9.8% |
| 2014 | 0.87x | $41.12 Million | $47.27 Million | $6.15 Million | ▼ -2.0% |
| 2013 | 0.89x | $39.92 Million | $44.99 Million | $5.07 Million | ▲ +116.7% |
| 2012 | -5.30x | $-94.08 Million | $17.75 Million | $111.84 Million | ▼ -751.6% |
| 2011 | 0.81x | $13.35 Million | $16.41 Million | $3.06 Million | — |