Universal Display
Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. It offers phosphorescent organic light-emitting diode (PHOLED) technologies and materials for displays and lighting products under the UniversalPHOLED brand. The company is also involve… Read more
Universal Display (OLED) - Net Assets
Latest net assets as of September 2025: $1.74 Billion USD
Based on the latest financial reports, Universal Display (OLED) has net assets worth $1.74 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.95 Billion) and total liabilities ($202.65 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.74 Billion |
| % of Total Assets | 89.59% |
| Annual Growth Rate | 24.9% |
| 5-Year Change | 77.11% |
| 10-Year Change | 246.33% |
| Growth Volatility | 107.42 |
Universal Display - Net Assets Trend (1996–2024)
This chart illustrates how Universal Display's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Universal Display (1996–2024)
The table below shows the annual net assets of Universal Display from 1996 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.62 Billion | +11.70% |
| 2023-12-31 | $1.45 Billion | +13.48% |
| 2022-12-31 | $1.28 Billion | +15.95% |
| 2021-12-31 | $1.10 Billion | +20.51% |
| 2020-12-31 | $912.71 Million | +12.48% |
| 2019-12-31 | $811.45 Million | +17.52% |
| 2018-12-31 | $690.51 Million | +4.77% |
| 2017-12-31 | $659.05 Million | +24.71% |
| 2016-12-31 | $528.47 Million | +13.22% |
| 2015-12-31 | $466.76 Million | +4.02% |
| 2014-12-31 | $448.74 Million | +4.92% |
| 2013-12-31 | $427.69 Million | +22.11% |
| 2012-12-31 | $350.24 Million | +2.34% |
| 2011-12-31 | $342.23 Million | +495.91% |
| 2010-12-31 | $57.43 Million | -3.69% |
| 2009-12-31 | $59.63 Million | -22.27% |
| 2008-12-31 | $76.71 Million | -14.01% |
| 2007-12-31 | $89.22 Million | +64.05% |
| 2006-12-31 | $54.38 Million | -5.61% |
| 2005-12-31 | $57.62 Million | -2.65% |
| 2004-12-31 | $59.19 Million | +52.13% |
| 2003-12-31 | $38.91 Million | +15.56% |
| 2002-12-31 | $33.67 Million | -11.62% |
| 2001-12-31 | $38.10 Million | +27.73% |
| 2000-12-31 | $29.83 Million | +216.42% |
| 1999-12-31 | $9.43 Million | +262.56% |
| 1998-12-31 | $2.60 Million | -49.02% |
| 1997-12-31 | $5.10 Million | +59.38% |
| 1996-12-31 | $3.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Universal Display's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 93775500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $934.65 Million | 57.82% |
| Common Stock | $488.00K | 0.03% |
| Other Comprehensive Income | $-1.05 Million | -0.07% |
| Other Components | $682.44 Million | 42.22% |
| Total Equity | $1.62 Billion | 100.00% |
Universal Display Competitors by Market Cap
The table below lists competitors of Universal Display ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nordnet AB
ST:SAVE
|
$4.18 Billion |
|
Bright Horizons Family Solutions Inc
NYSE:BFAM
|
$4.18 Billion |
|
Liberty Media Corporation
PINK:LLYVB
|
$4.18 Billion |
|
Darktrace plc
PINK:DRKTY
|
$4.18 Billion |
|
Hensoldt AG
PINK:HNSDF
|
$4.17 Billion |
|
Rational AG
LSE:0FRJ
|
$4.17 Billion |
|
Saputo Inc
PINK:SAPIF
|
$4.17 Billion |
|
Yang Ming Marine Transport Corp
TW:2609
|
$4.17 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Universal Display's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,447,226,000 to 1,616,525,000, a change of 169,299,000 (11.7%).
- Net income of 222,079,000 contributed positively to equity growth.
- Dividend payments of 76,169,000 reduced retained earnings.
- New share issuances of 2,220,000 increased equity.
- Other comprehensive income increased equity by 31,000.
- Other factors increased equity by 21,138,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $222.08 Million | +13.74% |
| Dividends Paid | $76.17 Million | -4.71% |
| Share Issuances | $2.22 Million | +0.14% |
| Other Comprehensive Income | $31.00K | +0.0% |
| Other Changes | $21.14 Million | +1.31% |
| Total Change | $- | 11.70% |
Book Value vs Market Value Analysis
This analysis compares Universal Display's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.81x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | $-0.08 | $95.41 | x |
| 1996-12-31 | $0.37 | $95.41 | x |
| 1997-12-31 | $0.55 | $95.41 | x |
| 1998-12-31 | $0.25 | $95.41 | x |
| 1999-12-31 | $0.77 | $95.41 | x |
| 2000-12-31 | $1.95 | $95.41 | x |
| 2001-12-31 | $2.24 | $95.41 | x |
| 2002-12-31 | $1.75 | $95.41 | x |
| 2003-12-31 | $1.73 | $95.41 | x |
| 2004-12-31 | $2.21 | $95.41 | x |
| 2005-12-31 | $2.02 | $95.41 | x |
| 2006-12-31 | $1.76 | $95.41 | x |
| 2007-12-31 | $2.64 | $95.41 | x |
| 2008-12-31 | $2.13 | $95.41 | x |
| 2009-12-31 | $1.63 | $95.41 | x |
| 2010-12-31 | $1.53 | $95.41 | x |
| 2011-12-31 | $7.58 | $95.41 | x |
| 2012-12-31 | $7.47 | $95.41 | x |
| 2013-12-31 | $9.19 | $95.41 | x |
| 2014-12-31 | $9.61 | $95.41 | x |
| 2015-12-31 | $9.83 | $95.41 | x |
| 2016-12-31 | $11.36 | $95.41 | x |
| 2017-12-31 | $14.08 | $95.41 | x |
| 2018-12-31 | $14.72 | $95.41 | x |
| 2019-12-31 | $17.27 | $95.41 | x |
| 2020-12-31 | $19.32 | $95.41 | x |
| 2021-12-31 | $23.22 | $95.41 | x |
| 2022-12-31 | $26.87 | $95.41 | x |
| 2023-12-31 | $30.39 | $95.41 | x |
| 2024-12-31 | $33.92 | $95.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Universal Display utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.74%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 34.29%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.13x
- Recent ROE (13.74%) is above the historical average (-19.34%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 0.00% | -3100.00% | 0.00x | 0.00x | $-3.04 Million |
| 1996 | -56.25% | -1800.00% | 0.03x | 1.03x | $-2.12 Million |
| 1997 | -115.69% | -5900.00% | 0.02x | 1.06x | $-6.41 Million |
| 1998 | -107.69% | -700.00% | 0.13x | 1.19x | $-3.06 Million |
| 1999 | -54.37% | -986.46% | 0.05x | 1.09x | $-6.07 Million |
| 2000 | -31.95% | -1933.83% | 0.02x | 1.08x | $-12.51 Million |
| 2001 | -42.93% | -1305.46% | 0.03x | 1.27x | $-20.17 Million |
| 2002 | -92.13% | -1268.54% | 0.06x | 1.18x | $-34.39 Million |
| 2003 | -44.60% | -263.20% | 0.14x | 1.19x | $-21.24 Million |
| 2004 | -26.66% | -225.16% | 0.09x | 1.25x | $-21.70 Million |
| 2005 | -27.43% | -155.71% | 0.14x | 1.28x | $-21.56 Million |
| 2006 | -27.93% | -127.39% | 0.16x | 1.33x | $-20.63 Million |
| 2007 | -17.91% | -141.31% | 0.11x | 1.18x | $-24.90 Million |
| 2008 | -24.95% | -172.82% | 0.12x | 1.25x | $-26.81 Million |
| 2009 | -34.39% | -129.89% | 0.20x | 1.34x | $-26.47 Million |
| 2010 | -34.68% | -65.21% | 0.33x | 1.61x | $-25.66 Million |
| 2011 | 0.92% | 5.15% | 0.16x | 1.09x | $-31.07 Million |
| 2012 | 2.76% | 11.60% | 0.22x | 1.10x | $-25.36 Million |
| 2013 | 17.31% | 50.50% | 0.32x | 1.08x | $31.28 Million |
| 2014 | 9.33% | 21.91% | 0.39x | 1.09x | $-3.02 Million |
| 2015 | 3.14% | 7.68% | 0.34x | 1.20x | $-32.00 Million |
| 2016 | 9.10% | 24.17% | 0.32x | 1.19x | $-4.78 Million |
| 2017 | 15.76% | 30.95% | 0.43x | 1.18x | $37.98 Million |
| 2018 | 8.52% | 23.78% | 0.27x | 1.35x | $-10.21 Million |
| 2019 | 17.04% | 34.13% | 0.36x | 1.38x | $57.16 Million |
| 2020 | 14.61% | 31.10% | 0.34x | 1.39x | $42.10 Million |
| 2021 | 16.75% | 33.28% | 0.38x | 1.33x | $74.22 Million |
| 2022 | 16.47% | 34.07% | 0.40x | 1.20x | $82.52 Million |
| 2023 | 14.03% | 35.22% | 0.35x | 1.15x | $58.29 Million |
| 2024 | 13.74% | 34.29% | 0.35x | 1.13x | $60.43 Million |
Industry Comparison
This section compares Universal Display's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $42,176,553,988
- Average return on equity (ROE) among peers: -5.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Universal Display (OLED) | $1.74 Billion | 0.00% | 0.12x | $4.18 Billion |
| American Aires Inc (AAIRF) | $4.68 Million | -72.64% | 0.10x | $3.94 Million |
| Alpha Technologies Group Inc (AHAG) | $18.50 Million | 22.45% | 0.88x | $0.93 |
| Allient Inc. (ALNT) | $36.32 Million | 19.18% | 0.62x | $821.06 Million |
| alpha-En Corporation (ALPE) | $94.61K | -111.43% | 1.68x | $3.62K |
| Alps Electric Co Ltd (APELY) | $190.75 Billion | 5.84% | 1.24x | $2.39 Billion |
| Amphenol Corporation (APH) | $323.41 Million | 32.15% | 2.65x | $156.10 Billion |
| AT & S Austria Technologie & Systemtechnik Aktiengesellschaft (ASAAF) | $226.29 Million | 18.25% | 1.19x | $344.33 Million |
| Audinate Group Limited (AUDGF) | $165.31 Million | -3.86% | 0.10x | $323.81 Million |
| AU Optronics Corp (AUOTY) | $212.82 Billion | 15.21% | 1.02x | $3.80 Billion |
| AVMPF (AVMPF) | $17.42 Billion | 23.89% | 2.47x | $7.28 Billion |