Universal Display (OLED)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 238,803 | 251,060 | 232,491 | 234,693 | 217,189 | 235,526 | 255,553 | 250,228 | 267,110 | 240,489 | 229,754 | 226,336 | 227,644 | 236,961 | 227,659 | 176,578 | 157,526 | 126,236 | 118,640 | 168,489 |
| Total assets | US$ in thousands | 1,832,330 | 1,810,880 | 1,776,560 | 1,683,720 | 1,668,960 | 1,622,920 | 1,540,860 | 1,535,710 | 1,532,820 | 1,530,320 | 1,499,440 | 1,487,230 | 1,466,920 | 1,428,590 | 1,350,720 | 1,310,500 | 1,269,230 | 1,224,960 | 1,161,060 | 1,136,380 |
| Operating ROA | 13.03% | 13.86% | 13.09% | 13.94% | 13.01% | 14.51% | 16.59% | 16.29% | 17.43% | 15.71% | 15.32% | 15.22% | 15.52% | 16.59% | 16.85% | 13.47% | 12.41% | 10.31% | 10.22% | 14.83% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $238,803K ÷ $1,832,330K
= 13.03%
Operating return on assets (ROA) is a key financial ratio that measures a company's ability to generate profits from its assets used in its core operations.
Analyzing Universal Display's operating ROA data from the provided values, we observe fluctuations in the ratio over time. The trend shows that the operating ROA has been relatively stable with fluctuations within a range.
From March 31, 2020, to December 31, 2024, Universal Display's operating ROA fluctuated between a low of 10.22% (June 30, 2020) and a high of 17.43% (December 31, 2022). This indicates the company's ability to generate profits from its operational assets, with the highest point in profitability occurring at the end of 2022.
Overall, based on the trend of operating ROA, Universal Display has maintained a consistently positive operating return on its assets over the analyzed period, showcasing efficiency in utilizing its assets to generate operating income.
Peer comparison
Dec 31, 2024