Universal Display (OLED)

Return on assets (ROA)

		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
Total assets	US$ in thousands	1,832,330	1,668,960	1,532,820	1,466,920	1,269,230
ROA		12.12%	12.16%	13.70%	12.56%	10.51%

December 31, 2024 calculation

ROA = Net income ÷ Total assets
= $222,079K ÷ $1,832,330K
= 12.12%

Universal Display's Return on Assets (ROA) has shown a positive trend over the years, increasing from 10.51% as of December 31, 2020, to 12.12% as of December 31, 2024. This indicates that the company is effectively generating earnings from its assets. The company's ROA peaked at 13.70% on December 31, 2022, demonstrating a strong ability to use its assets efficiently to generate profits. Overall, the trend in ROA suggests that Universal Display has been successful in managing its assets to generate increasing returns for its stakeholders.

Peer comparison

Dec 31, 2024

Company name

Symbol

ROA

Universal Display

OLED

12.12%

Vishay Intertechnology Inc

VSH

-0.76%