Universal Display (OLED)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 238,803 | 217,189 | 267,110 | 227,644 | 157,526 |
| Revenue | US$ in thousands | 647,684 | 576,429 | 616,619 | 553,525 | 428,867 |
| Operating profit margin | 36.87% | 37.68% | 43.32% | 41.13% | 36.73% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $238,803K ÷ $647,684K
= 36.87%
The operating profit margin of Universal Display has shown a generally positive trend over the past five years. It increased from 36.73% on December 31, 2020, to 43.32% on December 31, 2022, representing a significant improvement in operational efficiency. However, in the following years, there was a slight decline, with the margin falling to 37.68% by December 31, 2023, and further to 36.87% by December 31, 2024.
Despite the recent declines, the company has maintained a healthy operating profit margin overall, indicating that Universal Display has been effectively managing its operating expenses relative to its sales. This metric is crucial for assessing the company's ability to generate profits from its core business activities. Moving forward, it would be important for Universal Display to monitor and potentially address any factors that may have contributed to the recent declines in its operating profit margin to sustain profitability in the long term.
Peer comparison
Dec 31, 2024