Universal Display (OLED)

Net profit margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Net income (ttm) US$ in thousands 222,079 238,038 222,684 220,025 203,011 206,167 207,817 199,406 209,212 189,954 182,642 181,669 183,353 190,991 185,360 145,875 132,362 105,092 101,571 143,881
Revenue (ttm) US$ in thousands 647,684 643,711 623,161 611,221 576,429 587,141 606,620 596,616 616,619 593,834 576,896 569,995 553,525 548,821 522,282 450,590 428,867 389,053 369,489 429,689
Net profit margin 34.29% 36.98% 35.73% 36.00% 35.22% 35.11% 34.26% 33.42% 33.93% 31.99% 31.66% 31.87% 33.12% 34.80% 35.49% 32.37% 30.86% 27.01% 27.49% 33.48%

December 31, 2024 calculation

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

Universal Display has shown fluctuations in its net profit margin over the period from March 31, 2020, to December 31, 2024. The net profit margin, which reflects the percentage of revenue that translates into profit after all expenses have been deducted, started at 33.48% in March 2020, peaked at 36.98% in September 2024, and then declined to 34.29% by December 2024.

The net profit margin remained relatively stable above 30% throughout most of the period, indicating efficient cost management and strong profitability for the company. However, there were some fluctuations within this range, suggesting potential changes in the company's cost structure, revenue mix, or operational efficiency.

Overall, the trend in Universal Display's net profit margin demonstrates a generally healthy financial performance, with the company consistently generating profits relative to its revenue over the analyzed period. It will be important for stakeholders to closely monitor any future changes in the net profit margin to assess the company's continued financial health and sustainability.


Peer comparison

Dec 31, 2024

Company name
Symbol
Net profit margin
Universal Display
OLED
34.29%
Hubbell Inc
HUBB
13.89%
Mercury Systems Inc
MRCY
-16.48%
Vishay Intertechnology Inc
VSH
-1.06%