Universal Display (OLED) Financials: Revenue & Earnings
OLED$88.69-1.67 -1.85%
$4.08B
Market Cap
21.32
P/E
21.18
Forward P/E
62
Score
Universal Display (OLED) Financials: Revenue & Earnings
OLED price $88.69 -1.67 -1.85%
- Ticker
- OLED
- Price
- $88.69
- Change
- -1.67 -1.85%
- Market cap ?
- $4.08B
- P/E ?
- 21.32
- Forward P/E ?
- 21.18
- Dividend yield ?
- 2.20%
- Beta ?
- 1.53
- Sector
- Technology
- Industry
- Hardware, Equipment & Parts
- Stocklytics score
- 62
- Value
- 66
- Quality
- 79
- Growth
- 42
Stocklytics score rationale: value 66, quality 79, growth 42.
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 198886000 | 335629000 | 247414000 | 405177000 | 428867000 | 553525000 | 616619000 | 576429000 | 647684000 | 650611000 |
Universal Display Corporation is dedicated to the investigation, advancement, and market deployment of organic light-emitting diode (OLED) innovations and their constituent materials, primarily for use in display and solid-state illumination applications. The company safeguards its intellectual property with a vast global portfolio of roughly 5,500 patents, encompassing both granted and pending applications, which…
Fair value
OLED fair value $112.71. Price $88.69. Price is 21% below fair value.
Below fair value, and cheaper than usual. A larger discount than on 81% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 170.02M. Growth 14.16%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 12.00% (beta 1.5). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 45.97M. Net debt -119.14M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the stock's own 10-year median P/E, kept between 8 and 40. Fewer than five years of history uses the sector's typical P/E. Fair value is the average of the cash-flow value and the earnings value when both exist. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-10-28 | — | 1.13 | — | 162.72M |
| 2026-07-30 | 1.06 | 1.03 | 152.16M | 157.55M |
| 2026-04-30 | 0.76 | 1.13 | 142.21M | 161.23M |
| 2026-02-19 | 1.39 | 1.28 | 172.93M | 173.23M |
| 2025-11-06 | 0.92 | 1.18 | 139.61M | 165.56M |
| 2025-07-31 | 1.41 | 1.16 | 171.79M | 166.94M |
| 2025-05-01 | 1.35 | 1.09 | 166.28M | 156.08M |
| 2025-02-20 | 1.22 | 1.08 | 162.29M | 152.75M |
| 2024-10-30 | 1.40 | 1.19 | 161.63M | 153.88M |
| 2024-08-01 | 1.10 | 1.14 | 158.50M | 159.46M |
| 2024-05-02 | 1.19 | 1.09 | 165.26M | 150.75M |
| 2024-02-22 | 1.29 | 1.15 | 158.32M | 161.22M |
| 2023-11-02 | 1.08 | 1.01 | 141.08M | 150.78M |
| 2023-08-03 | 1.04 | 0.75 | 146.56M | 128.60M |
| 2023-05-03 | 0.83 | 0.82 | 130.47M | 135.90M |
| 2023-02-23 | 1.36 | 0.94 | 169.03M | 148.97M |
| 2022-11-03 | 1.12 | 0.98 | 160.56M | 147.97M |
| 2022-08-04 | 0.87 | 1.03 | 136.56M | 148.52M |
| 2022-05-05 | 1.05 | 0.98 | 150.47M | 144.54M |
| 2022-02-23 | 0.96 | 1.01 | 146.25M | 144.60M |
| 2021-11-04 | 0.97 | 1.07 | 143.62M | 145.83M |
| 2021-08-05 | 0.85 | 0.88 | 129.66M | 129.66M |
| 2021-05-06 | 1.08 | 0.79 | 134.00M | 119.65M |
| 2021-02-18 | 1.13 | 0.64 | 141.54M | 123.16M |
| 2020-10-29 | 0.85 | 0.45 | 117.08M | 108.66M |
| 2020-08-06 | 0.02 | 0.30 | 57.97M | 869.52M |
| 2020-05-07 | 0.80 | 0.64 | 112.28M | 89.82M |
| 2020-02-20 | 0.56 | 0.74 | 101.73M | 134.43M |
| 2019-10-30 | 0.78 | 0.58 | 97.52M | 72.51M |
| 2019-08-01 | 0.92 | 0.46 | 118.17M | 59.08M |
| 2019-05-02 | 0.66 | 0.29 | 87.77M | 59.92M |
| 2019-02-21 | 0.40 | 0.29 | 70.14M | 50.85M |
| 2018-11-01 | 0.48 | 0.66 | 77.55M | 106.63M |
| 2018-08-09 | 0.23 | 0.15 | 56.15M | 36.59M |
| 2018-05-03 | 0.13 | 0.13 | 43.57M | 43.60M |
| 2018-02-22 | 0.93 | 0.82 | 115.87M | 105.93M |
| 2017-11-02 | 0.28 | 0.12 | 61.68M | 50.89M |
| 2017-08-03 | 0.99 | 0.72 | 102.51M | 74.55M |
| 2017-05-04 | 0.22 | 0.00 | 55.57M | — |
| 2017-02-23 | 0.63 | 0.42 | 74.58M | 49.73M |
Dividends
Yield 2.20%. Payout ratio 45.67%. Frequency Quarterly.
Safety score 88/100 · Safe. Payout ratio is 46% of earnings. Dividends use a moderate share of free cash flow. Dividends were paid in 10 separate years. Yield is 2.2%, in a range that is usually sustainable.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| 2026-09-16 | $0.50 | 2026-09-16 | 2026-09-30 | Quarterly |
| 2026-06-16 | $0.50 | 2026-06-16 | 2026-06-30 | Quarterly |
| 2026-03-17 | $0.50 | 2026-03-17 | 2026-03-31 | Quarterly |
| 2025-12-17 | $0.45 | 2025-12-17 | 2025-12-31 | Quarterly |
| 2025-09-16 | $0.45 | 2025-09-16 | 2025-09-30 | Quarterly |
| 2025-06-16 | $0.45 | 2025-06-16 | 2025-06-30 | Quarterly |
| 2025-03-17 | $0.45 | 2025-03-17 | 2025-03-31 | Quarterly |
| 2024-12-17 | $0.40 | 2024-12-17 | 2024-12-31 | Quarterly |
| 2024-09-16 | $0.40 | 2024-09-16 | 2024-09-30 | Quarterly |
| 2024-06-14 | $0.40 | 2024-06-14 | 2024-06-28 | Quarterly |
| 2024-03-14 | $0.40 | 2024-03-15 | 2024-03-29 | Quarterly |
| 2023-12-14 | $0.35 | 2023-12-15 | 2023-12-29 | Quarterly |
| 2023-09-14 | $0.35 | 2023-09-15 | 2023-09-29 | Quarterly |
| 2023-06-15 | $0.35 | 2023-06-16 | 2023-06-30 | Quarterly |
| 2023-03-16 | $0.35 | 2023-03-17 | 2023-03-31 | Quarterly |
| 2022-12-15 | $0.30 | 2022-12-16 | 2022-12-30 | Quarterly |
| 2022-09-15 | $0.30 | 2022-09-16 | 2022-09-30 | Quarterly |
| 2022-06-15 | $0.30 | 2022-06-16 | 2022-06-30 | Quarterly |
| 2022-03-16 | $0.30 | 2022-03-17 | 2022-03-31 | Quarterly |
| 2021-12-15 | $0.20 | 2021-12-16 | 2021-12-30 | Quarterly |
| 2021-09-15 | $0.20 | 2021-09-16 | 2021-09-30 | Quarterly |
| 2021-06-14 | $0.20 | 2021-06-15 | 2021-06-30 | Quarterly |
| 2021-03-15 | $0.20 | 2021-03-16 | 2021-03-31 | Quarterly |
| 2020-12-14 | $0.15 | 2020-12-15 | 2020-12-31 | Quarterly |
| 2020-09-15 | $0.15 | 2020-09-16 | 2020-09-30 | Quarterly |
| 2020-06-12 | $0.15 | 2020-06-15 | 2020-06-30 | Quarterly |
| 2020-03-16 | $0.15 | 2020-03-17 | 2020-03-31 | Quarterly |
| 2019-12-12 | $0.10 | 2019-12-13 | 2019-12-31 | Quarterly |
| 2019-09-13 | $0.10 | 2019-09-16 | 2019-09-30 | Quarterly |
| 2019-06-13 | $0.10 | 2019-06-14 | 2019-06-28 | Quarterly |
| 2019-03-14 | $0.10 | 2019-03-15 | 2019-03-29 | Quarterly |
| 2018-12-13 | $0.06 | 2018-12-14 | 2018-12-28 | Quarterly |
| 2018-09-13 | $0.06 | 2018-09-15 | 2018-09-28 | Quarterly |
| 2018-06-14 | $0.06 | 2018-06-15 | 2018-06-29 | Quarterly |
| 2018-03-14 | $0.06 | 2018-03-15 | 2018-03-30 | Quarterly |
| 2017-12-14 | $0.03 | 2017-12-15 | 2017-12-29 | Quarterly |
| 2017-09-14 | $0.03 | 2017-09-15 | 2017-09-30 | Quarterly |
| 2017-06-13 | $0.03 | 2017-06-15 | 2017-06-30 | Quarterly |
| 2017-03-13 | $0.03 | 2017-03-15 | 2017-03-31 | Quarterly |
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-10-07 | ELIAS RICHARD C | Buy | 455 | — | — |
| 2026-10-07 | ELIAS RICHARD C | Sell | 455 | — | — |
| 2026-09-30 | Comparin Cynthia Jane | Buy | 455 | — | — |
| 2026-09-30 | Brown Nigel | Buy | 455 | — | — |
| 2026-09-30 | Lau Joan | Buy | 455 | — | — |
| 2026-09-30 | GEMMILL ELIZABETH H | Buy | 455 | — | — |
| 2026-09-30 | Joseph Celia M | Buy | 455 | — | — |
| 2026-09-30 | Walker April | Buy | 455 | — | — |
| 2026-09-30 | HARTLEY C KEITH | Buy | 455 | — | — |
| 2026-09-30 | ROSENBLATT SIDNEY D | Buy | 455 | — | — |
| 2026-09-30 | LACERTE LAWRENCE | Buy | 455 | — | — |
| 2026-09-30 | ELIAS RICHARD C | Buy | 455 | — | — |
| 2026-08-18 | LACERTE LAWRENCE | Sell | 4.65K | $84.94 | 395.23K |
| 2026-08-18 | LACERTE LAWRENCE | Sell | 314 | $85.56 | 26.87K |
| 2026-07-10 | ELIAS RICHARD C | Buy | 455 | — | — |
| 2026-07-10 | ELIAS RICHARD C | Sell | 455 | — | — |
| 2026-06-30 | GEMMILL ELIZABETH H | Buy | 455 | — | — |
| 2026-06-30 | Brown Nigel | Buy | 455 | — | — |
| 2026-06-30 | LACERTE LAWRENCE | Buy | 455 | — | — |
| 2026-06-30 | Comparin Cynthia Jane | Buy | 455 | — | — |
| 2026-06-30 | ROSENBLATT SIDNEY D | Buy | 455 | — | — |
| 2026-06-30 | Walker April | Buy | 455 | — | — |
| 2026-06-30 | Joseph Celia M | Buy | 455 | — | — |
| 2026-06-30 | Lau Joan | Buy | 455 | — | — |
| 2026-06-30 | ELIAS RICHARD C | Buy | 455 | — | — |
| 2026-06-30 | HARTLEY C KEITH | Buy | 455 | — | — |
| 2026-05-11 | ELIAS RICHARD C | Buy | 456 | — | — |
| 2026-05-11 | ELIAS RICHARD C | Buy | 1.00K | $92.84 | 92.84K |
| 2026-05-11 | ELIAS RICHARD C | Sell | 456 | — | — |
| 2026-05-07 | Premutico Mauro | Buy | 800 | $94.40 | 75.52K |
| 2026-05-07 | Premutico Mauro | Buy | 1.44K | $93.75 | 135.38K |
| 2026-05-07 | Premutico Mauro | Buy | 1.45K | $92.51 | 134.14K |
| 2026-05-07 | ABRAMSON STEVEN V | Buy | 2.80K | $94.40 | 264.32K |
| 2026-05-07 | ABRAMSON STEVEN V | Buy | 4.55K | $93.62 | 425.97K |
| 2026-05-07 | ABRAMSON STEVEN V | Buy | 3.65K | $92.46 | 337.48K |
| 2026-03-31 | ROSENBLATT SIDNEY D | Buy | 456 | — | — |
| 2026-03-31 | ELIAS RICHARD C | Buy | 456 | — | — |
| 2026-03-31 | Comparin Cynthia Jane | Buy | 456 | — | — |
| 2026-03-31 | Lau Joan | Buy | 456 | — | — |
| 2026-03-31 | Walker April | Buy | 456 | — | — |
| 2026-03-31 | LACERTE LAWRENCE | Buy | 456 | — | — |
| 2026-03-31 | Joseph Celia M | Buy | 456 | — | — |
| 2026-03-31 | Brown Nigel | Buy | 456 | — | — |
| 2026-03-31 | GEMMILL ELIZABETH H | Buy | 456 | — | — |
| 2026-03-31 | HARTLEY C KEITH | Buy | 456 | — | — |
| 2026-03-07 | Premutico Mauro | Buy | 10.67K | — | — |
| 2026-03-07 | Premutico Mauro | Buy | 3.45K | — | — |
| 2026-03-07 | Premutico Mauro | Sell | 1.91K | $97.03 | 185.04K |
| 2026-03-07 | Premutico Mauro | Sell | 1.44K | $97.03 | 139.34K |
| 2026-03-07 | Premutico Mauro | Sell | 5.91K | $97.03 | 572.96K |
| 2026-03-07 | Premutico Mauro | Buy | 3.23K | — | — |
| 2026-03-07 | Premutico Mauro | Sell | 1.79K | $97.03 | 173.59K |
| 2026-03-07 | Mahon Janice K | Buy | 8.60K | — | — |
| 2026-03-07 | Mahon Janice K | Buy | 2.78K | — | — |
| 2026-03-07 | Mahon Janice K | Sell | 1.42K | $97.03 | 137.78K |
| 2026-03-07 | Mahon Janice K | Sell | 1.07K | $97.03 | 103.73K |
| 2026-03-07 | Mahon Janice K | Sell | 4.11K | $97.03 | 399.08K |
| 2026-03-07 | Mahon Janice K | Buy | 2.60K | — | — |
| 2026-03-07 | Mahon Janice K | Sell | 941 | $97.03 | 91.31K |
| 2026-03-07 | ABRAMSON STEVEN V | Buy | 19.76K | — | — |
| 2026-03-07 | ABRAMSON STEVEN V | Buy | 6.38K | — | — |
| 2026-03-07 | ABRAMSON STEVEN V | Sell | 2.71K | $97.03 | 262.66K |
| 2026-03-07 | ABRAMSON STEVEN V | Sell | 2.04K | $97.03 | 197.84K |
| 2026-03-07 | ABRAMSON STEVEN V | Sell | 8.38K | $97.03 | 813.40K |
| 2026-03-07 | ABRAMSON STEVEN V | Buy | 5.99K | — | — |
| 2026-03-07 | ABRAMSON STEVEN V | Sell | 2.54K | $97.03 | 246.36K |
| 2026-03-07 | BROWN JULIA J | Buy | 13.87K | — | — |
| 2026-03-07 | BROWN JULIA J | Buy | 4.48K | — | — |
| 2026-03-07 | BROWN JULIA J | Sell | 1.90K | $97.03 | 184.36K |
| 2026-03-07 | BROWN JULIA J | Sell | 1.43K | $97.03 | 138.85K |
| 2026-03-07 | BROWN JULIA J | Sell | 5.88K | $97.03 | 570.92K |
| 2026-03-07 | BROWN JULIA J | Buy | 4.20K | — | — |
| 2026-03-07 | BROWN JULIA J | Sell | 1.54K | $97.03 | 149.81K |
| 2026-03-07 | Millard Brian | Buy | 4.94K | — | — |
| 2026-03-07 | Millard Brian | Buy | 1.60K | — | — |
| 2026-03-07 | Millard Brian | Sell | 677 | $97.03 | 65.69K |
| 2026-03-07 | Millard Brian | Sell | 509 | $97.03 | 49.39K |
| 2026-03-07 | Millard Brian | Sell | 2.10K | $97.03 | 203.37K |
| 2026-03-07 | Millard Brian | Buy | 1.50K | — | — |
| 2026-03-07 | Millard Brian | Sell | 635 | $97.03 | 61.61K |
| 2026-03-04 | Millard Brian | Sell | 544 | $101.52 | 55.23K |
| 2026-03-04 | Mahon Janice K | Sell | 605 | $101.52 | 61.42K |
| 2026-03-04 | BROWN JULIA J | Sell | 741 | $101.52 | 75.23K |
| 2026-03-04 | ABRAMSON STEVEN V | Sell | 1.63K | $101.52 | 165.88K |
| 2026-03-04 | Premutico Mauro | Sell | 1.15K | $101.52 | 116.85K |
| 2026-02-18 | Mahon Janice K | Sell | 770 | $119.92 | 92.34K |
| 2026-02-18 | Premutico Mauro | Sell | 1.41K | $119.92 | 169.33K |
| 2026-02-18 | BROWN JULIA J | Sell | 914 | $119.92 | 109.61K |
| 2026-02-18 | Millard Brian | Sell | 700 | $119.92 | 83.94K |
| 2026-02-18 | ABRAMSON STEVEN V | Sell | 1.96K | $119.92 | 235.40K |
| 2026-02-17 | Mahon Janice K | Buy | 7.30K | — | — |
| 2026-02-17 | Premutico Mauro | Buy | 9.06K | — | — |
| 2026-02-17 | BROWN JULIA J | Buy | 11.78K | — | — |
| 2026-02-17 | Millard Brian | Buy | 6.15K | — | — |
| 2026-02-17 | ABRAMSON STEVEN V | Buy | 16.78K | — | — |
| 2026-01-30 | ELIAS RICHARD C | Buy | 341 | — | — |
| 2026-01-30 | ELIAS RICHARD C | Sell | 341 | — | — |
| 2025-12-31 | ELIAS RICHARD C | Buy | 341 | — | — |
| 2025-12-31 | LACERTE LAWRENCE | Buy | 341 | — | — |
| 2025-12-31 | ROSENBLATT SIDNEY D | Buy | 341 | — | — |
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 461, holders -17 vs prior quarter. Ownership 94.83%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKROCK, INC. | 4.32M | 28.51K | +0.66% | 373.93M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 2.97M | 48.95K | +1.68% | 257.26M |
| STATE STREET CORP | 2.20M | 382.85K | +21.10% | 190.25M |
| PRIMECAP MANAGEMENT CO/CA/ | 2.20M | 8.39K | +0.38% | 190.14M |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | 2.17M | -1.05M | -32.67% | 187.58M |
| VANGUARD CAPITAL MANAGEMENT LLC | 1.99M | 8.16K | +0.41% | 172.05M |
| FIRST TRUST ADVISORS LP | 1.47M | 495.47K | +50.74% | 127.45M |
| MARSHALL WACE, LLP | 1.34M | 674.23K | +101.25% | 116.04M |
| GEODE CAPITAL MANAGEMENT, LLC | 1.29M | 43.77K | +3.50% | 111.96M |
| ALLIANCEBERNSTEIN L.P. | 1.17M | 101.22K | +9.45% | 107.51M |
| JPMORGAN CHASE & CO | 864.99K | -838.95K | -49.24% | 74.79M |
| DIMENSIONAL FUND ADVISORS LP | 854.70K | 97.53K | +12.88% | 74.01M |
| FRANKLIN TEMPLETON INC | 821.15K | 821.15K | New | 71.10M |
| XXEC, INC. | 703.52K | 316.58K | +81.82% | 63.72M |
| AQR CAPITAL MANAGEMENT LLC | 728.13K | 604.24K | +487.74% | 63.05M |
| SORA INVESTORS LLC | 701.16K | 636.16K | +978.71% | 60.71M |
| BROWN ADVISORY INC | 693.62K | 45.36K | +7.00% | 60.06M |
| MORGAN STANLEY | 669.92K | 258.07K | +62.66% | 58.01M |
| NORGES BANK | 581.55K | 581.55K | New | 50.36M |
| COPELAND CAPITAL MANAGEMENT, LLC | 553.90K | -27.88K | -4.79% | 47.96M |
| WELLS FARGO & COMPANY/MN | 466.25K | -132.02K | -22.07% | 40.37M |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | 459.63K | 269.50K | +141.75% | 39.80M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 452.54K | 35.59K | +8.54% | 39.19M |
| SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. | 452.54K | 452.54K | New | 39.19M |
| AMUNDI | 441.00K | -18.32K | -3.99% | 38.20M |
Earnings and financials
Universal Display Corporation (OLED) trades at $88.69, with a market cap of $4.08B and a trailing P/E of 21.32. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 198886000 | 335629000 | 247414000 | 405177000 | 428867000 | 553525000 | 616619000 | 576429000 | 647684000 | 650611000 |
Insights · Dividends · Forecast · Financials · Learn