Universal Display (OLED)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 76.51% | 77.95% | 78.14% | 78.60% | 79.26% | 78.10% | 78.48% | 78.10% | 79.23% | 80.00% | 80.54% | 80.84% | 80.07% | 80.29% | 80.90% | 80.91% | 81.40% | 79.79% | 78.98% | 78.77% |
| Operating profit margin | 37.68% | 40.11% | 42.13% | 41.94% | 43.32% | 40.50% | 39.83% | 39.71% | 41.13% | 43.18% | 43.59% | 39.19% | 36.73% | 32.45% | 32.11% | 39.21% | 39.08% | 37.24% | 35.16% | 29.69% |
| Pretax margin | 42.54% | 42.61% | 43.91% | 43.12% | 43.49% | 41.10% | 40.18% | 39.83% | 41.24% | 43.45% | 44.12% | 40.04% | 38.13% | 34.38% | 34.56% | 41.72% | 41.93% | 40.34% | 38.23% | 32.93% |
| Net profit margin | 35.22% | 35.11% | 34.31% | 33.51% | 34.07% | 32.13% | 31.80% | 32.02% | 33.28% | 35.03% | 35.73% | 32.60% | 31.10% | 27.22% | 27.70% | 33.74% | 34.13% | 35.10% | 33.08% | 28.93% |
Universal Display Corp. has demonstrated consistent strong profitability over the quarters, as evidenced by its gross profit margin averaging around 77-79%. This indicates the company effectively manages its production costs and maximizes revenue generation.
The operating profit margin has also been robust, ranging from 37-43%, reflecting efficient operational management and control of expenses relative to revenue. The company has shown steady improvement in operating efficiency over the quarters.
The pretax margin has been relatively stable, fluctuating between 39-44%, showcasing the company's ability to generate profits before accounting for taxes and its overall efficiency in managing costs and generating income.
The net profit margin, a key indicator of overall profitability, has consistently ranged from 31-35%, demonstrating Universal Display Corp.'s effectiveness in controlling its costs, tax obligations, and other expenses to generate net income.
Overall, Universal Display Corp. has maintained strong profitability ratios across the quarters, indicating a solid financial performance and effective management of its operations.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 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% | 14.14% | 13.09% | 12.30% | 8.94% |
| Return on assets (ROA) | 12.16% | 12.70% | 13.51% | 13.02% | 13.70% | 12.47% | 12.24% | 12.27% | 12.56% | 13.46% | 13.82% | 11.21% | 10.51% | 8.65% | 8.82% | 12.76% | 12.35% | 12.34% | 11.57% | 8.71% |
| Return on total capital | 15.01% | 17.04% | 19.09% | 19.26% | 20.94% | 19.83% | 19.70% | 19.99% | 20.68% | 22.87% | 22.96% | 18.54% | 17.26% | 14.35% | 14.13% | 19.90% | 19.51% | 17.69% | 16.55% | 12.09% |
| Return on equity (ROE) | 14.03% | 14.91% | 15.54% | 15.39% | 16.47% | 15.75% | 15.74% | 16.13% | 16.75% | 18.55% | 18.82% | 15.42% | 14.61% | 12.04% | 12.19% | 17.12% | 17.04% | 16.67% | 15.58% | 11.78% |
Universal Display Corp. has shown consistent profitability over the quarters analyzed, with positive trends in key profitability ratios. Operating return on assets (Operating ROA) has ranged from 13.01% to 17.43%, indicating the company's ability to generate operating income relative to its total assets. Return on assets (ROA) has also been stable, ranging from 12.10% to 13.62%, suggesting efficient utilization of assets to generate profit.
The return on total capital has been strong, varying between 15.01% and 20.94%, reflecting the company's ability to generate returns for both equity and debt providers. Return on equity (ROE) has also shown positive performance, ranging from 13.96% to 16.38%, indicating the company's ability to generate profit for its equity shareholders.
Overall, Universal Display Corp. demonstrates strong profitability ratios, indicating effective management and utilization of its assets and capital to generate returns for its investors.