Universal Display (OLED)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 1,616,520 | 1,447,230 | 1,275,370 | 1,099,910 | 912,714 |
| ROE | 13.74% | 14.03% | 16.47% | 16.75% | 14.61% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $222,079K ÷ $1,616,520K
= 13.74%
Universal Display's return on equity (ROE) has shown a generally positive trend over the years, starting at 14.61% in December 2020 and peaking at 16.75% in December 2021. Despite a slight decrease in ROE in the following years, with values of 16.47% in 2022, 14.03% in 2023, and 13.74% in 2024, the company has maintained relatively healthy returns in relation to its shareholders' equity. It indicates that Universal Display efficiently utilizes its equity capital to generate profits for shareholders, although a declining trend in recent years might warrant further investigation to ensure sustained profitability and value creation.
Peer comparison
Dec 31, 2024