Universal Display (OLED)

Net profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	222,079	203,011	210,061	184,213	133,372
Revenue	US$ in thousands	647,684	576,429	616,619	553,525	428,867
Net profit margin		34.29%	35.22%	34.07%	33.28%	31.10%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $222,079K ÷ $647,684K
= 34.29%

The net profit margin for Universal Display has shown a positive trend over the past five years, starting at 31.10% on December 31, 2020, and increasing steadily to 34.29% by December 31, 2024. This indicates that the company has been able to effectively control its costs and expenses relative to its revenue, resulting in a higher percentage of profit from its sales. The rising trend in net profit margin suggests an improvement in the company's operational efficiency and profitability over the years, showcasing its ability to generate more profit per dollar of revenue.

Peer comparison

Dec 31, 2024

Company name

Symbol

Net profit margin

Universal Display

OLED

34.29%

Vishay Intertechnology Inc

VSH

-1.06%