OLED Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $80.37
Market Cap (MRQ) $3.72B
P/E (TTM) 19.4
EPS (TTM) $4.14
Revenue (TTM) $607M
Div Yield 2.3%
ROE (TTM) 11.5%
52W Range $73–$153

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About Universal Display Corporation - Common Stock Company overview from Wikipedia

05 · wikidata

Universal Display Corporation is a developer and manufacturer of organic light emitting diode (OLED) technologies and materials, and it is a provider of services to the display and lighting industries.

Founded in 1994, the company currently owns or has license rights to more than 6,500 issued and pending patents worldwide for the commercialization of phosphorescent based OLEDs and also flexible, transparent and stacked OLEDs - for both display and lighting applications. Its phosphorescent OLED technologies and materials are licensed and supplied to companies such as Samsung, LG, AU Optronics CMEL, Pioneer, Panasonic Idemitsu OLED lighting and Konica Minolta.

UDC is working with many other companies, including Sony, DuPont and Novaled. In 2009, UDC claimed that "virtually all AMOLEDs on the market use our technology". Based in Ewing, New Jersey, with international offices in Ireland, South Korea, Hong Kong, Japan and Taiwan, Universal Display works with a network of organizations, including Princeton University, the University of Southern California, the University of Michigan, and PPG Industries.

UDC has been subject to a number of patent disputes. The patents however have been upheld as valid. In November 2025, it was announced UDC had acquired emissive OLED patent assets from the Darmstadt-headquartered science and technology company, Merck KGaA for an undisclosed amount.

Products that use UDC technology

Apple began using OLED panels in its watches in 2015 and in its laptops in 2016 with the introduction of an OLED touchbar to the MacBook Pro. In 2017, Apple announced the introduction of their tenth anniversary iPhone X with their own optimized OLED display licensed from Universal Display Corporation. All subsequent iPhones have had OLED displays. Apple has also expanded the use of OLED displays into iPads and also future MacBooks

The Korea Times claimed that Google's wearable display headset Google Glass would use OLED microdisplays made by Samsung Display, with licensed technology from Universal Display.

Sony have announced the 3rd generation of their Heads Up Micro-Displays (HMD) using OLED panels from UDC.

Smartphones

Universal Display's OLED screens are in Samsung's Galaxy S, S II and S III, Galaxy S IV, and Galaxy S5 smartphones.

The Galaxy S4 has a 4.99" Full-HD (1920x1080, 441 PPI) Super AMOLED display behind a Corning Gorilla Glass 3.

Universal Display reported that Samsung Display Corporation (SDC) adopted UDC's green PHOLED (host and emitter) in the 5" Full-HD Super AMOLED display used in the Galaxy S4 smartphone. This is a significant development as the green PHOLED increases energy efficiency of displays by up to 25%

Nokia's Lumia 1020 smartphone and BlackBerry's Q10 and Z30 models have OLED screens.

In October 2013, Samsung released the first ever curved display smartphone called the Galaxy Round. Samsung also introduced the "Roll Effect" where when the phone's screen is off and is rolled, it displays basic information like time or battery percentage. While it is possible to curve LCD screens, analysts say OLED screens provide better technical benefits.

Samsung introduced the Galaxy Round in the Korean market in October 2013. The device features a 1080p screen, measuring 5.7 inches (14 cm), that curves on the vertical axis in a rounded case.

The Galaxy S5, launched in Feb 2014, has a 5-inch Super AMOLED screen.

Smart watches

In September 2013 Samsung unveiled their Galaxy Gear Smartwatch having a 1.6 inch OLED screen and multiple apps to link the watch to an Android smartphone. It originally went on sale in the US in October 2013 for $299 and featured a 1.63" 320x320 (275 PPI) Super AMOLED display.

The LG G Watch R is smartwatch featuring a circular face and an OLED screen.

LG has released a second premium smart watch called the "Urbane" which retails for $590.

OLED displays are expected to dominate the smart watch market with 58% market share.

Apple began using OLED panels in its watches in 2015 and all subsequent watches.

Tablets

Panasonic has showcased a 20-inch OLED screened tablet with a resolution of 4K (3840×2160 pixels).

Samsung has released two Galaxy Tablets using OLED technology. The Galaxy Tab S 10.5 was released with Android 4.4.2 Kitkat.

The Galaxy Tab S 10.5 has a 10.5-inch WQXGA Super AMOLED screen with a resolution of 2560x1600 pixels and a pixel density of 287 ppi.

The Galaxy Tab S 8.4 has an 8.4-inch Full HD Super AMOLED screen with a resolution of 2560x1600 pixels and a pixel density of 359 ppi.

Televisions

Samsung and LG-Display showed 55-inch OLED-Television devices at CES-2012. But both companies had to delay their mass production. Also AUO, Sony and Epson will start AMOLED-TV production in 2014.

In June 2013 Samsung announced the Korean availability of a 55-inch curved OLED HDTV. Priced at 15 million Korean won (around $13,500). Samsung also reiterates the claim LG made when it launched its own curved OLED model that "keeping all parts of the screen an equal distance from the viewer makes for a better viewing experience." By August 2013, Samsung dropped the price of the OLED television by 30% claiming "better yields" in manufacturing.

In September 2013 at the IFA electronics show, Samsung unveiled their 98-inch 4K AMOLED television.

LG showcased an Ultra High Definition (UHD) curved 77inch screen at the IFA electronics show. This is a 4K WRGB OLED screen. In October 2014, LG reported that their Television sales has jumped 20x in volume shipments since 2013.

CNET reviewed the LG 55EC9300 OLED Television in September 2014 and called it "The best. Picture. Ever." Combining the best qualities of LED and Plasma without the disadvantages.

With the arrival of Quantum Dot LCD displays, LG released an article describing why they still see OLED as the future of Television displays: "In fact, OLED technology is the technology that is so much advanced that it should not be compared to an LCD based QD. Hence, even though LG already has the technology to create QD backlighting, it is focusing on developing OLED".

In January 2015, LG Display signed a long-term agreement with UDC for the supply of OLED materials and the right to use their patented OLED emitters. LG is the leader in the push for OLED Televisions.

In 2017, LG revealed five new models of OLED TVs, the flagship model being as thin as 0.9mm.

Technological advantages of OLED

The different manufacturing process of OLEDs lends itself to several advantages over flat panel displays made with current LCD technology.

Lower cost in the future

OLEDs can be printed onto any suitable substrate by an inkjet printer or even by screen printing, theoretically making them cheaper to produce than LCD or plasma displays. However, fabrication of the OLED substrate is more costly than that of a TFT LCD, until mass production methods lower cost through scalability. Roll-to-roll vapour-deposition methods for organic devices do allow mass production of thousands of devices per minute for minimal cost, although this technique also induces problems in that devices with multiple layers can be challenging to make because of registration, lining up the different printed layers to the required degree of accuracy.

Lightweight and flexible plastic substrates

OLED displays can be fabricated on flexible plastic substrates leading to the possible fabrication of flexible organic light-emitting diodes for other new applications, such as roll-up displays embedded in fabrics or clothing. As the substrate used can be flexible such as polyethylene terephthalate (PET), the displays may be produced inexpensively.

Wider viewing angles and improved brightness

OLEDs can enable a greater artificial contrast ratio (both dynamic range and static, measured in purely dark conditions) and a wider viewing angle compared to LCDs because OLED pixels emit light directly. OLED pixel colors appear correct and unshifted, even as the viewing angle approaches 90° from normal.

Better power efficiency and thickness

LCDs filter the light emitted from a backlight, allowing a small fraction of light through. So, they cannot show true black. However, an inactive OLED element does not produce light or consume power, thus allowing true blacks. Dismissing the backlight also makes OLEDs lighter because some substrates are not needed. This allows electronics potentially to be manufactured more cheaply, but, first, a larger production scale is needed, because OLEDs still somewhat are niche products. When looking at top-emitting OLEDs, thickness also plays a role when talking about index match layers (IMLs). Emission intensity is enhanced when the IML thickness is 1.3–2.5 nm. The refractive value and the matching of the optical IMLs property, including the device structure parameters, also enhance the emission intensity at these thicknesses.

Response time

OLEDs also can have a faster response time than standard LCD screens. Whereas LCD displays are capable of between 1 and 16 ms response time offering a refresh rate of 60 to 480 Hz, an OLED theoretically can have a response time less than 0.01 ms, enabling a refresh rate up to 100,000 Hz . OLEDs also can be run as a flicker display, similar to a CRT, in order to eliminate the sample-and-hold effect that creates motion blur on OLEDs.

Some disadvantages include:

Power consumption

While an OLED will consume around 40% of the power of an LCD displaying an image that is primarily black, for the majority of images it will consume 60–80% of the power of an LCD. However, an OLED can use more than three times as much power to display an image with a white background, such as a document or web site. This can lead to reduced battery life in mobile devices, when white backgrounds are used.

According to OLED Display "Samsung Display uses different Sub Pixel Matrix technologies for their smartphone Super-Amoled Displays. For the Galaxy S4 and S5 they use the Diamond Pixel Matrix."

Flexible displays

OLEDs enable screens to be made in curved or flexible format. Samsung's flexible AMOLEDs will be fabricated on a plastic (Polyimide) substrate and will be able to withstand high temperature (up to 350-400 degrees). The displays can be bendable - but since the first products will use them inside rigid glass cases - so it'll actually be "curved" displays and not flexible ones. A plastic based AMOLED will be shatterproof, and will also be lighter and thinner compared to glass based OLEDs.

OLED Info reports that for flexible displays on plastic, UDC's UniversalBarrier single-layer encapsulation technology is being evaluated by Samsung. UDC has a working 6" R&D deposition machine for the encapsulation layer. They go on to describe how Corning Glass have developed a flexible glass to help speed up the adoption of bendable OLED screens. "On Aug. 28 2013, Corning and AU Optronics announced that Corning is an important and strategic high-performance display glass collaborator for AUO’s line of AMOLED panels. AUO selected the Corning Lotus Glass platform based on the glass substrate’s outstanding thermal and dimensional stability. This aids AUO with efficient manufacturing during the high-temperature processes that are required to develop its AMOLED panels." Corning is also developing a Roll to Roll manufacturing process that will greatly reduce costs of mass-producing flexible displays.

UBI Research published a new report on flexible OLED displays, forecasting a very fast growth: from 20 million units in 2012 to 150 million units in 2013. UBI sees $6.3 billion in flexible OLED revenues in 2017. This is far more optimistic than the recent report by Markets&Markets who see the entire flexible display market at $3.2 billion in 2017.

The Flexible Display Center announced that it has successfully manufactured the world's largest flexible color AMOLED prototype using advanced mixed oxide thin film transistors (TFTs). Measuring 7.4 diagonal inches, the device was developed at the FDC in conjunction with Army Research Labs scientists. It also meets a critical target set by the U.S. Department of Defense to advance the development of full-color, full-motion video flexible OLED displays for use in thin, lightweight, bendable and highly rugged devices.

"This is a significant manufacturing breakthrough for flexible display technology," said Nick Colaneri, director of the FDC. "It provides a realistic path forward for the production of high-performance, flexible, full color OLED displays, accelerating commercialization of the technology in the process."

Universal Display's Sid Rosenblatt talking about the future of OLED technology was quoted as saying: "Samsung is going to introduce flexible screens, but the flexible plastic substrates are difficult to manufacture. Plastic is porous and oxygen with moisture causes OLEDs to degrade. [However]...These kind of displays are unbreakable, flexible on stainless steel foil. It would result in a thinner device because you don’t have the pieces of glass. It could conform around the sides, so you can show information on the sides. It would be lighter. So you can either make it smaller or thinner or you can make a larger battery so that it lasts longer. The challenges are encapsulation, so you need an encapsulation process. The temperature is too high to deposit them directly to the plastic, so they do is they literally deposit them on glass." Further, Sid Rosenblatt thinks that flexible OLEDs will be initially a niche market for the high end.

iSuppli, a market research firm, sees the flexible OLED display market growing significantly from 2013 to 2020. Their estimates are from a market value of $21 million in 2013 to $100 million in 2014 and reaching $12 billion by 2020. IHS says this will bring about "unprecedented change(s) in flat displays". Both LG and Samsung believe that flexible displays will make up as much as 40% of the Smartphone maker by 2018.

At the Flextech Conference in Phoenix, Arizona, Plastic Logic and Novaled demonstrated a new, really bendable, and completely organic AMOLED display. OLED News said: "This is a very important technological advance. For the first time we have an entirely plastic AMOLED with backplane electronics manufactured in a special low temperature process. The industrial techniques applied open up real prospects of mass producing these displays at a very competitive unit cost." Plastic Logic CEO, Indro Mukerjee, spoke of 2014 as the year when wearable technology is going to really take off. He described the advance that has been made in the following: "Flexible electronics is a reality, already proven through the development and manufacture of plastic, bendable displays and sensors. For the first time a fully organic, plastic, flexible AMOLED demonstration has been achieved with a real industrial fabrication process. This marks the start of a revolution in wearable products, the next frontier in consumer."

OLEDs in lighting

OLEDs provide low temperature, low energy use lighting panels. OSRAM believes that the next technological development for car lighting is OLEDs. The major advantage is that they provide "completely new options for the design of light and luminaires". The cars of the future, according to Osram will have both LED and OLED lighting sources. In 2011, OSRAM built an OLED lighting production line in Regensburg, Germany. The company invested 50 million euros (around $70 million) in the production facility and in research on OLED applications.

The German government launched a new €34 million (about $44 million) project called OLYMP ("Organic Light-emitting sYstems based on energy and cost-efficient Materials and Processes") that intends to improve "OLED lighting efficiency and lifetime".

Philips has said in 2014 OLEDs will be ready to enter the lighting market in a more significant way. Dietmar Thomas, Philips' OLED communication and brand manager says: "Philips' OLED performance increased dramatically in the past 2-3 years. Their most advanced panel (the GL350 Gen-2) offers 200 lumens and 45 lm/W. In mid 2014, Philips expects to release a panel (the GL350 Gen-3?) that will be brighter (300 lumens) and more efficient (60 lm/W). "

According to OLED-Display.net "OLED technology has been found useful in creating new forms of lighting. Because of the potential inherent with OLED technology in terms of its flexibility, transparency and thickness, a myriad of new possibilities exist for OLED illumination, lighting and light display shows. The potential is almost infinite, because OLED technology has proven to show lifetimes over 50,000 hours and because it burns at rates that surpass the efficiency of halogen and can reach up to 150 lm/W. In addition, OLED lighting utilizes less CO2, requires less energy and contains no toxic substances. This opens up a revolutionary concept of lighting displays and light based art conceptions."

Patent disputes

In 2012, UDC reported two favorable patent decisions. The first one is from Japan, regarding two patents (JP781 and JP158) relating to UDC's L2MX technology. The patents were upheld as valid by the Japanese patent office. The second decision related to one of the OVJP patents in Korea. The Korean patent office issued a favorable decision which upheld the patent as valid. Some financial analysts have contended that Universal Display's patents are likely to be rescinded in November 2013 at the EPO Board of Appeal. However, Oppenheimer analyst Andrew Uekwitz already chimed in to defend them, saying Asensio's latest article "contains nothing new or valuable" that wasn't already disclosed in its most recent quarterly report.

== References ==

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

sectorTechnology industrySemiconductors employees469 countryUS

10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$651M
2016-12-31 → 2025-12-31
EPS$5.08
2016-12-31 → 2025-12-31
Free Cash Flow$154M
2016-12-31 → 2025-12-31
Net margin32.2%
2016-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend OLED 5Y avg Peer Median Verdict
P/E (TTM) 19.45Y avg ≈33.3 ≈33.3 26.1 Undervalued
P/S (TTM) 6.15Y avg ≈11.5 ≈11.5 7.9 Undervalued
P/B (MRQ) 2.25Y avg ≈5.0 ≈5.0 5.1 Undervalued
Price / FCF (TTM) 16.95Y avg ≈55.7 ≈55.7 · ·
Price / Cash Flow (TTM) 14.25Y avg ≈38.8 ≈38.8 28.9 Fair value
Price / Tangible Book (MRQ) 2.35Y avg ≈5.3 ≈5.3 · ·
PEG Ratio ≈1.5 · · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

13
Dividend Yield2.3%
Payout Ratio35.3%
Annualized Payout≈$2.00Paid quarterly
5Y Div CAGR≈24.6%Per share, split-adjusted
Growth Streak≈7Consecutive years of dividend growth
Ex-dateAmountCurrencyYield
Sep 16, 2026$0.50USD≈2.6%
Jun 16, 2026$0.50USD≈2.1%
Mar 17, 2026$0.50USD≈2.0%
Dec 17, 2025$0.45USD≈1.5%
Sep 16, 2025$0.45USD≈1.3%
Jun 16, 2025$0.45USD≈1.1%
Mar 17, 2025$0.45USD≈1.1%
Dec 17, 2024$0.40USD≈1.0%
Sep 16, 2024$0.40USD≈0.76%
Jun 14, 2024$0.40USD≈0.74%
Mar 14, 2024$0.40USD≈0.91%
Dec 14, 2023$0.35USD≈0.75%
Sep 14, 2023$0.35USD≈0.84%
Jun 15, 2023$0.35USD≈0.91%
Mar 16, 2023$0.35USD≈0.87%
Dec 15, 2022$0.30USD≈1.1%
Sep 15, 2022$0.30USD≈1.1%
Jun 15, 2022$0.30USD≈0.88%
Mar 16, 2022$0.30USD≈0.56%
Dec 15, 2021$0.20USD≈0.51%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise -9.7%
Next Report Nov 04, 2026
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 Jul 29, 2026 $1.06 $1.05 0.92%
March 31, 2026 $0.76 $1.20 -36.9%
Dec. 31, 2025 $0.76 $1.20 -36.9%
Sept. 30, 2025 $0.92 $1.24 -25.5%
June 30, 2025 $1.41 $1.18 19.2%
March 31, 2025 $1.35 $1.11 21.2%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 18
Metric Trend 202520242023202220212020201920182017201620152014
Revenue $651M$648M$576M$617M$554M$429M$405M$247M$336M$199M$191M$191M
Cost of Revenue $154M$148M$135M$128M$115M$85M$75M$54M$55M$26M$63M$41M
Gross Profit $496M$499M$441M$489M$439M$343M$330M$194M$281M$173M$128M$150M
R&D Expense $146M$157M$130M$117M$100M$84M$71M$54M$49M$43M$45M$41M
SG&A Expense $74M$74M$67M$78M$80M$61M$60M$47M$47M$33M$29M$28M
Operating Expenses $248M$260M$224M$222M$211M$186M$171M$137M$135M$104M$96M$91M
Operating Income $249M$239M$217M$267M$228M$158M$158M$57M$146M$68M$32M$59M
Interest Expense ··········$54.0K$70.0K
Interest Income ··········$837.0K$777.0K
Other Non-op $7M$-7M$-184.0K$-7M$98.0K$864.0K$767.0K$-83.0K$-4.0K$-2M··
Pretax Income $295M$272M$245M$268M$228M$164M$170M$64M$150M$69M$33M$59M
Income Tax $53M$50M$42M$58M$44M$30M$32M$5M$46M$21M$18M$17M
Net Income $242M$222M$203M$210M$184M$133M$138M$59M$104M$48M$104M$42M
EPS (Basic) $5.09$4.66$4.25$4.41$3.87$2.80$2.92$1.24$2.19$1.02$2.19$0.90
EPS (Diluted) $5.08$4.65$4.24$4.40$3.87$2.80$2.92$1.24$2.18$1.02$2.18$0.90
Shares (Basic) 47,548,04647,548,93147,559,66947,390,35247,296,44747,198,98246,959,77546,849,58846,725,28946,408,46046,725,28946,252,960
Shares (Diluted) 47,658,29547,652,66247,622,76347,468,50747,365,43547,236,99446,995,46246,896,76646,805,19446,535,98046,805,19446,685,145
EBITDA $249M$239M$217M$267M$228M$158M·$57M$146M$68M$32M$59M
Balance Sheet 27
Metric Trend 202520242023202220212020201920182017201620152014
Cash & Equivalents $138M$99M$92M$93M$312M$630M$132M$211M$133M$139M$98M$45M
Short-term Investments $464M$394M$422M$484M$351M$100M$514M$304M$287M$189M$298M$243M
Receivables $120M$114M$140M$93M$108M$82M$60M$43M$52M$25M$25M$22M
Inventory $241M$183M$176M$183M$134M$92M$64M$70M$36M$17M$13M$37M
Other Current Assets $124M$111M$87M$46M$21M$21M$22M$6M$10M$6M$2M$4M
Current Assets $1.09B$900M$917M$899M$926M$925M$792M$635M$519M$385M$448M$371M
PP&E (Net) $215M$195M$175M$143M$129M$102M$88M$70M$56M$27M$22M$20M
PP&E (Gross) $404M$365M$319M$261M$221M$175M$145M$115M$93M$59M$50M$45M
Accum. Depreciation $189M$170M$144M$117M$92M$72M$57M$45M$36M$32M$28M$25M
Goodwill $16M$16M$16M$16M$16M$16M$16M$16M$16M$16M··
Intangibles $57M$74M$90M$38M$50M$70M$91M$111M$132M$152M$72M$83M
Other Non-current Assets $129M$107M$105M$110M$136M$103M$86M$65M$604.0K$307.0K$174.0K$425.0K
Total Assets $1.96B$1.83B$1.67B$1.53B$1.47B$1.27B$1.12B$933M$780M$628M$559M$490M
Accounts Payable $23M$37M$11M$10M$15M$14M$13M$11M$14M$8M$7M$9M
Accrued Liabilities $53M$46M$52M$51M$45M$41M$49M$36M$35M$20M$17M$15M
Current Liabilities $108M$125M$119M$136M$188M$165M$162M$133M$64M$40M$35M$27M
Capital Leases $19M$19M$23M$29M$27M$7M$7M·····
Other Non-current Liabilities $36M$35M$39M$44M$76M$56M$49M$24M····
Total Liabilities $203M$216M$222M$257M$367M$357M$309M$243M$121M$99M$93M$41M
Common Stock $489.0K$488.0K$487.0K$491.0K$491.0K$490.0K$489.0K$487.0K$485.0K$483.0K$482.0K$471.0K
Paid-in Capital $745M$724M$700M$681M$659M$636M$620M$617M$611M$604M$590M$581M
Retained Earnings $1.09B$935M$790M$653M$500M$354M$249M$130M$99M$-26M$-74M$-88M
Treasury Stock $75M$41M$41M$41M$41M$41M$41M$41M$40M$40M$40M$40M
AOCI $781.0K$-1M$-1M$-18M$-18M$-36M$-17M$-16M$-11M$-11M$-10M$-4M
Stockholders' Equity $1.76B$1.62B$1.45B$1.28B$1.10B$913M$811M$691M$659M$528M$467M$449M
Liabilities + Equity $1.96B$1.83B$1.67B$1.53B$1.47B$1.27B$1.12B$933M$780M$628M$559M$490M
Shares Outstanding 47,259,74847,468,89347,365,37847,770,38247,700,27647,647,82847,486,54547,319,88747,118,17146,913,12746,774,36047,061,826
Cash Flow 15
Metric Trend 202520242023202220212020201920182017201620152014
Stock-based Comp $28M$30M$24M$30M$35M$27M$16M$12M$12M$11M$9M$7M
Deferred Tax $-1M$-19M$-4M$-27M$2M$-4M$-6M$-13M$24M$3M$7M$9M
Amort. of Intangibles $18M$18M$16M$17M$22M$22M$22M$22M$22M$16M$11M$11M
Operating Cash Flow $211M$254M$155M$127M$191M$149M$194M$122M$133M$80M$114M$47M
CapEx $56M$43M$60M$42M$43M$28M$30M$25M$30M$7M$5M$6M
Investing Cash Flow $-45M$-164M$-83M$-281M$-458M$391M$-239M$-21M$-126M$-38M$-59M$-42M
Stock Issued $2M$2M$2M$2M$2M$1M$889.0K$798.0K$734.0K$439.0K$354.0K$328.0K
Stock Repurchased $33M$0$0·$0$0$649.0K$477.0K··$0$30M
Net Stock Activity $-31M$2M$2M$2M$2M$1M·$321.0K$734.0K$439.0K$354.0K$-29M
Dividends Paid $86M$76M$67M$57M$38M$28M$19M$11M$6M···
Financing Cash Flow $-126M$-82M$-73M$-65M$-51M$-42M$-35M$-23M$-14M$-14.0K$-3M$-30M
Net Change in Cash $39M$7M$-1M$-219M$-318M$498M$-79M$78M$-7M$42M$52M$-25M
Taxes Paid $71M$72M$96M$72M$53M$36M$47M$18M$23M$13M$10M$8M
Free Cash Flow $154M$211M$95M$84M$148M$121M·$96M$104M$73M$109M$41M
Levered FCF ··········$108M$41M
Profitability 8
Metric Trend 202520242023202220212020201920182017201620152014
Gross Margin 76.3%77.1%76.5%79.3%79.2%80.1%·78.4%83.7%86.8%··
Operating Margin 38.2%36.9%37.7%43.3%41.1%36.7%·22.9%43.6%34.4%16.9%30.7%
Net Margin 37.2%34.3%35.2%34.1%33.3%31.1%·23.8%30.9%24.2%7.7%21.9%
Pretax Margin 45.3%42.0%42.5%43.5%41.2%38.1%·26.0%44.5%34.5%17.3%31.1%
EBITDA Margin 38.2%36.9%37.7%43.3%41.1%36.7%·22.9%43.6%34.4%16.9%30.7%
ROA 12.8%12.7%12.7%14.0%13.5%11.2%·6.9%14.8%8.1%2.8%8.8%
ROE 13.9%13.9%14.3%16.9%17.2%14.9%·8.6%17.5%9.7%3.2%9.6%
ROIC 11.6%12.1%12.4%16.4%16.7%14.1%·7.5%15.4%9.1%3.1%9.2%
Liquidity & Solvency 3
Metric Trend 202520242023202220212020201920182017201620152014
Current Ratio 10.17.27.76.64.95.6·4.88.19.613.013.8
Quick Ratio 6.74.85.54.94.14.9·4.27.48.812.211.6
Interest Coverage ··········597.7837.4
Efficiency 3
Metric Trend 202520242023202220212020201920182017201620152014
Asset Turnover 0.30.40.40.40.40.4·0.30.50.30.40.4
Inventory Turnover 0.70.80.80.81.01.1·1.02.01.72.51.7
Receivables Turnover 5.65.15.06.25.86.0·5.28.78.08.210.1
Per Share 7
Metric Trend 202520242023202220212020201920182017201620152014
Book Value / Share $37.26$34.05$30.55$26.70$23.06$19.16·$14.59$13.99$11.26$9.70$9.54
Revenue / Share $13.65$13.59$12.10$12.99$11.69$9.08·$5.28$7.17$4.27$4.02$4.09
Cash Flow / Share $4.42$5.32$3.25$2.67$4.03$3.15·$2.60$2.85$1.73$2.39$1.01
Cash / Share $2.93$2.09$1.94$1.96$6.54$13.22·$4.46$2.82$2.97$2.03$0.97
Dividend / Share $1.80$1.60$1.40$1.20$0.80$0.60$0.40$0.24$0.12···
Dividend Paid / Share $1.80$1.60$1.40$1.20·$0.60$0.40$0.24$0.12···
EPS (TTM) $5.08$4.65$4.24$4.40$3.87$2.80$2.92$1.24$2.18$1.02$2.18$0.90
Growth Rates 10
Metric Trend 202520242023202220212020201920182017201620152014
Revenue YoY 0.45%12.4%-6.5%11.4%29.1%·······
Revenue CAGR 3Y 1.8%5.4%10.4%·········
Revenue CAGR 5Y 8.7%···········
EPS YoY 9.2%9.7%-3.6%13.7%38.2%·······
EPS CAGR 3Y 4.9%6.3%14.8%·········
EPS CAGR 5Y 12.7%···········
Net Income YoY 9.0%9.4%-3.4%14.0%38.1%·······
Net Income CAGR 3Y 4.8%6.4%15.0%·········
Net Income CAGR 5Y 12.7%···········
Dividends Paid CAGR 5Y 24.6%···········
Valuation (TTM) 13
Metric Trend 202520242023202220212020201920182017201620152014
Revenue TTM $651M$648M$576M$617M$554M$429M$405M$247M$336M$199M$191M$191M
Net Income TTM $242M$222M$203M$210M$184M$133M$138M$59M$104M$48M$104M$42M
Market Cap $5.52B$6.94B$9.06B$5.16B$7.87B$10.95B·$4.43B$8.13B$2.64B$2.62B$1.31B
P/E 23.031.445.124.642.682.170.675.579.255.225.030.8
P/S 8.510.715.78.414.225.5·17.924.213.313.76.8
P/B 3.14.36.34.07.212.0·6.412.35.05.62.9
P / Tangible Book 3.34.56.84.27.613.2······
P / Cash Flow 26.227.458.540.741.273.6·36.461.032.923.127.6
P / FCF 35.832.995.461.253.290.6·45.978.636.224.131.8
Dividend Yield 1.6%1.1%0.74%1.1%0.48%0.26%·0.26%0.07%···
Earnings Yield 4.3%3.2%2.2%4.1%2.4%1.2%1.4%1.3%1.3%1.8%4.0%3.2%
Payout Ratio 35.3%34.3%32.9%27.1%20.6%21.3%·19.2%5.4%···
Annual Payout $86M$76M$67M$57M$38M$28M$19M$11M$6M···

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $651M $648M $576M $617M $554M
Gross Margin % 76.3% 77.1% 76.5% 79.3% 79.2%
Operating Margin % 38.2% 36.9% 37.7% 43.3% 41.1%
Net Income $242M $222M $203M $210M $184M
Diluted EPS $5.08 $4.65 $4.24 $4.40 $3.87

Institutional owners (13F) 487 filers · $4.4B total · As of Sept. 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 487
Value held $4.4B
New positions 57
Exited positions 65
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
57 (-26 vs prior Q) 65 (-13 vs prior Q) 168 (0 vs prior Q) 163 (+10 vs prior Q) +3.6M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
VANGUARD GROUP INC $589,456,509 5,047,581 13.34% Shares
BlackRock, Inc. $373,930,997 4,318,409 8.46% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $257,259,410 2,971,006 5.82% Shares
STATE STREET CORP $190,250,612 2,197,143 4.31% Shares
PRIMECAP MANAGEMENT CO/CA/ $190,135,882 2,195,818 4.30% Shares
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC $187,575,342 2,166,247 4.25% Shares
VANGUARD CAPITAL MANAGEMENT LLC $172,045,498 1,986,898 3.89% Shares
FIRST TRUST ADVISORS LP $127,450,759 1,471,891 2.88% Shares
MARSHALL WACE, LLP $116,039,865 1,340,107 2.63% Shares
GEODE CAPITAL MANAGEMENT, LLC $111,962,249 1,292,818 2.53% Shares
ALLIANCEBERNSTEIN L.P. $107,506,456 1,172,883 2.43% Shares
JPMORGAN CHASE & CO $74,792,457 864,985 1.69% Shares
DIMENSIONAL FUND ADVISORS LP $74,007,500 854,695 1.67% Shares
FRANKLIN RESOURCES INC $71,103,119 821,147 1.61% Shares
XXEC, Inc. $63,716,093 703,521 1.44% Shares
AQR CAPITAL MANAGEMENT LLC $63,048,627 728,128 1.43% Shares
SORA INVESTORS LLC $60,713,704 701,163 1.37% Shares
BROWN ADVISORY INC $60,060,824 693,623 1.36% Shares
MORGAN STANLEY $58,008,911 669,924 1.31% Shares
NORGES BANK $50,356,068 581,546 1.14% Shares
Copeland Capital Management, LLC $47,962,250 553,900 1.09% Shares
WELLS FARGO & COMPANY/MN $40,372,881 466,254 0.91% Shares
ADAGE CAPITAL PARTNERS GP, L.L.C. $39,799,015 459,626 0.90% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $39,185,353 452,539 0.89% Shares
Amundi $38,199,078 440,998 0.86% Shares
UBS Group AG $37,329,122 431,102 0.84% Shares
NORTHERN TRUST CORP $35,756,042 412,935 0.81% Shares
CITADEL ADVISORS LLC $35,394,182 408,756 0.80% Shares
CANADA PENSION PLAN INVESTMENT BOARD $31,796,368 367,206 0.72% Shares
FRONTIER CAPITAL MANAGEMENT CO LLC $31,580,987 364,719 0.71% Shares
Bank of New York Mellon Corp $27,720,671 320,137 0.63% Shares
ENVESTNET ASSET MANAGEMENT INC $26,195,047 302,518 0.59% Shares
NEUBERGER BERMAN GROUP LLC $25,065,727 289,476 0.57% Shares
RAYMOND JAMES FINANCIAL INC $24,574,165 283,800 0.56% Shares
VANGUARD FIDUCIARY TRUST CO $23,915,465 276,192 0.54% Shares
MACKENZIE FINANCIAL CORP $22,158,814 255,905 0.50% Shares
RENAISSANCE TECHNOLOGIES LLC $22,066,509 254,839 0.50% Shares
BNP PARIBAS FINANCIAL MARKETS $21,597,797 249,426 0.49% Shares
GOLDMAN SACHS GROUP INC $21,392,638 247,056 0.48% Shares
JANUS HENDERSON GROUP PLC $20,664,782 225,635 0.47% Shares
AVENIR CORP $19,743,732 228,014 0.45% Shares
Invesco Ltd. $19,619,648 226,581 0.44% Shares
SYSTEMATIC FINANCIAL MANAGEMENT LP $19,293,136 222,809 0.44% Shares
MILLENNIUM MANAGEMENT LLC $16,606,230 191,780 0.38% Shares
GRIFFIN ASSET MANAGEMENT, INC. $16,375,113 189,111 0.37% Shares
CITIGROUP INC $15,874,804 183,333 0.36% Shares
STIFEL FINANCIAL CORP $14,791,999 170,826 0.33% Shares
BANK OF AMERICA CORP /DE/ $14,591,889 168,517 0.33% Shares
RHUMBLINE ADVISERS $14,091,266 162,736 0.32% Shares
Triodos Investment Management BV $13,940,990 161,000 0.32% Shares

Show all 487 institutional owners →

Company insiders 21 insiders · 7 officers · 14 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Steven V Abramson President and CEO May 7, 2026 P 296,589 3 0 $1,027,770
Brian Millard VP/CFO March 7, 2026 F 22,028 0 0 $0
Mauro Premutico SVP & CLO May 7, 2026 P 52,481 3 0 $345,035
Janice M Dufour SVP of Tech Commercialization March 7, 2026 F 64,946 0 0 $0
Julia J Brown EVP & Chief Technical Officer March 7, 2026 F 95,952 0 0 $0
Sherwin I Seligsohn Chairman of Board and Founder April 5, 2022 F 89,137 0 0 $0
Michael G Hack GM OLED Lighting & Displays,VP June 24, 2014 S 33,187 0 0 $0
April Walker Director Sept. 30, 2026 A 2,736 0 0 $0
Nigel Brown Director Sept. 30, 2026 A 3,771 0 0 $0
Joan Lau Director Sept. 30, 2026 A 3,771 0 0 $0
Celia M Joseph Director Sept. 30, 2026 A 9,318 0 0 $0
Cynthia Jane Comparin Director Sept. 30, 2026 A 9,318 0 0 $0
Richard C Elias Director Sept. 30, 2026 A 1,455 1 0 $92,840
Sidney D Rosenblatt Director Sept. 30, 2026 A 138,094 0 0 $0
GEMMILL ELIZABETH H Director Sept. 30, 2026 A 100,762 0 0 $0
Keith C Hartley Director Sept. 30, 2026 A 85,208 0 0 $0
Lawrence Lacerte Director Sept. 30, 2026 A 114,951 0 2 $-422,092
Rosemarie B Greco Director May 7, 2019 S 6,793 0 0 $0
Leonard Becker Director May 24, 2017 S 13,750 0 0 $0
Scott Seligsohn 10% owner Dec. 14, 2007 M 203,492 0 0 $0
DISCOVERY GLOBAL OPPORTUNITY MASTER FUND, LTD · March 31, 2015 S 4,483,736 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 78 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
ETEC · iShares Trust 6.43% 3,193 SH Sept. 11, 2026 Daily
PBW · Invesco Exchange-Traded Fund Trust 1.44% 62,666 SH Oct. 2, 2026 Daily
FXL · First Trust Exchange-Traded AlphaDE… 0.92% 294,642 NS July 31, 2026 N-PORT
PBD · Invesco Exchange-Traded Fund Trust … 0.87% 12,918 SH Oct. 2, 2026 Daily
VFMV · VANGUARD WELLINGTON FUND 0.72% 34,566 SH Aug. 19, 2026 Daily
SMDX · Tidal Trust III 0.65% 10,490 NS July 31, 2026 N-PORT
SDVD · First Trust Exchange-Traded Fund IV 0.58% 65,722 NS July 31, 2026 N-PORT
QQQS · Invesco Exchange-Traded Fund Trust … 0.49% 1,441 SH Oct. 2, 2026 Daily
COWG · Pacer Funds Trust 0.45% 124,907 NS July 31, 2026 N-PORT
MCOW · Pacer Funds Trust 0.42% 56 NS July 31, 2026 N-PORT
FNK · First Trust Exchange-Traded AlphaDE… 0.39% 11,226 NS July 31, 2026 N-PORT
FNX · First Trust Exchange-Traded AlphaDE… 0.28% 47,581 NS July 31, 2026 N-PORT
TRFM · ETF Series Solutions 0.19% 5,876 NS July 31, 2026 N-PORT
DIVB · iShares Trust 0.16% 40,615 SH Sept. 11, 2026 Daily
PRFZ · Invesco Exchange-Traded Fund Trust 0.16% 53,458 SH Oct. 2, 2026 Daily
JVAL · J.P. Morgan Exchange-Traded Fund Tr… 0.16% 16,134 NS July 31, 2026 N-PORT
BKSE · BNY Mellon ETF Trust 0.15% 1,662 NS July 31, 2026 N-PORT
BBSC · J.P. Morgan Exchange-Traded Fund Tr… 0.15% 12,705 NS July 31, 2026 N-PORT
DFSV · Dimensional ETF Trust 0.13% 128,165 NS July 31, 2026 N-PORT
IVOV · VANGUARD ADMIRAL FUNDS 0.12% 20,918 SH Aug. 19, 2026 Daily
TDVI · First Trust Exchange-Traded Fund IV 0.12% 7,732 NS July 31, 2026 N-PORT
FAB · First Trust Exchange-Traded AlphaDE… 0.12% 2,483 NS July 31, 2026 N-PORT
QVMM · Invesco Exchange-Traded Fund Trust … 0.11% 6,026 SH Oct. 2, 2026 Daily
VBK · VANGUARD INDEX FUNDS 0.11% 589,574 SH Aug. 19, 2026 Daily
IVOO · VANGUARD ADMIRAL FUNDS 0.10% 70,152 SH Aug. 19, 2026 Daily
PTMC · Pacer Funds Trust 0.10% 4,795 NS July 31, 2026 N-PORT
IVOG · VANGUARD ADMIRAL FUNDS 0.09% 18,876 SH Aug. 19, 2026 Daily
FSMD · FIDELITY COVINGTON TRUST 0.08% 26,486 NS July 31, 2026 N-PORT
JQUA · J.P. Morgan Exchange-Traded Fund Tr… 0.08% 83,289 NS July 31, 2026 N-PORT
MIDU · Direxion Shares ETF Trust 0.07% 638 NS July 31, 2026 N-PORT
EQAL · Invesco Exchange-Traded Fund Trust … 0.06% 6,230 SH Oct. 2, 2026 Daily
FTEC · FIDELITY COVINGTON TRUST 0.05% 125,606 NS July 31, 2026 N-PORT
VB · VANGUARD INDEX FUNDS 0.05% 1,017,182 SH Aug. 19, 2026 Daily
VGT · VANGUARD WORLD FUND 0.05% 998,017 SH Aug. 19, 2026 Daily
ESML · iShares Trust 0.05% 16,915 SH Sept. 11, 2026 Daily
SMMD · iShares Trust 0.05% 23,063 SH Sept. 11, 2026 Daily
ISCG · iShares Trust 0.05% 5,760 SH Sept. 11, 2026 Daily
VXF · VANGUARD INDEX FUNDS 0.04% 498,501 SH Aug. 19, 2026 Daily
DFAT · Dimensional ETF Trust 0.04% 72,256 NS July 31, 2026 N-PORT
DXUV · Dimensional ETF Trust 0.04% 2,508 NS July 31, 2026 N-PORT
IWS · iShares Trust 0.03% 63,907 SH Sept. 11, 2026 Daily
WSML · iShares Trust 0.03% 2,757 SH Sept. 11, 2026 Daily
PEXL · Pacer Funds Trust 0.03% 193 NS July 31, 2026 N-PORT
IWR · iShares Trust 0.03% 177,690 SH Sept. 11, 2026 Daily
RWK · Invesco Exchange-Traded Fund Trust … 0.02% 3,949 SH Oct. 2, 2026 Daily
VYM · VANGUARD WHITEHALL FUNDS 0.02% 170,386 SH Aug. 19, 2026 Daily
DGRO · iShares Trust 0.02% 100,081 SH Sept. 11, 2026 Daily
IYW · iShares Trust 0.02% 53,266 SH Sept. 11, 2026 Daily
IGM · iShares Trust 0.02% 20,437 SH Sept. 11, 2026 Daily
DFAS · Dimensional ETF Trust 0.01% 28,322 NS July 31, 2026 N-PORT
TILT · FlexShares Trust 0.01% 3,002 NS July 31, 2026 N-PORT
DFAC · Dimensional ETF Trust 0.01% 60,515 NS July 31, 2026 N-PORT
VTI · VANGUARD INDEX FUNDS 0.01% 1,408,278 SH Aug. 19, 2026 Daily
VONE · VANGUARD SCOTTSDALE FUNDS 0.01% 7,445 SH Aug. 19, 2026 Daily
VONV · VANGUARD SCOTTSDALE FUNDS 0.01% 25,989 SH Aug. 19, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.01% 3,678 SH Aug. 19, 2026 Daily
ESGV · VANGUARD WORLD FUND 0.01% 9,723 SH Aug. 19, 2026 Daily
IWD · iShares Trust 0.01% 95,494 SH Sept. 11, 2026 Daily
IUSV · iShares Trust 0.01% 22,499 SH Sept. 11, 2026 Daily
DFSU · Dimensional ETF Trust 0.01% 1,858 NS July 31, 2026 N-PORT
DCOR · Dimensional ETF Trust 0.01% 2,380 NS July 31, 2026 N-PORT
IWV · iShares Trust 0.01% 12,974 SH Sept. 11, 2026 Daily
IWB · iShares Trust 0.01% 30,451 SH Sept. 11, 2026 Daily
IYY · iShares Trust 0.01% 1,833 SH Sept. 11, 2026 Daily
ITOT · iShares Trust 0.00% 57,041 SH Sept. 11, 2026 Daily
OMFL · Invesco Exchange-Traded Self-Indexe… 0.00% 2,921 SH Oct. 2, 2026 Daily
IUSG · iShares Trust 0.00% 16,609 SH Sept. 11, 2026 Daily
DFAU · Dimensional ETF Trust 0.00% 4,888 NS July 31, 2026 N-PORT
DFUS · Dimensional ETF Trust 0.00% 6,516 NS July 31, 2026 N-PORT
DFUV · Dimensional ETF Trust 0.00% 2,833 NS July 31, 2026 N-PORT
VT · VANGUARD INTERNATIONAL EQUITY INDEX… 0.00% 34,850 SH Aug. 19, 2026 Daily
FTLS · First Trust Exchange-Traded Fund III -0.06% -18,042 NS July 31, 2026 N-PORT
IJH · iShares Trust · 1,524,792 SH Sept. 11, 2026 Daily
IJK · iShares Trust · 111,049 SH Sept. 11, 2026 Daily
IJJ · iShares Trust · 124,446 SH Aug. 21, 2026 Daily
XJH · iShares Trust · 5,932 SH Sept. 8, 2026 Daily
ISCB · iShares Trust · 2,102 SH Sept. 11, 2026 Daily
ISCV · iShares Trust · 6,437 SH Sept. 11, 2026 Daily

OLED Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 17 analysts BUY
Median target $115.00 +43.1%
4 23.5% Strong Buy
9 52.9% Buy
4 23.5% Hold
0 0.0% Sell
0 0.0% Strong Sell

12-Month Price Target

9 analysts · 2026-09-29

Mean target $115.37 +43.6%

Now Current price $80.37
Low$80.36 Mean$115.37 High$158.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

22

FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
OLED $5.52B 23.0 0.45% 37.2% 13.9% 76.3%
CRUS $7.25B 18.3 5.3% 20.8% 19.9% 52.8%
PI $5.26B -470.3 -1.4% -3.0% -5.5% 52.5%
RGTI · · · · · ·
DIOD $2.26B 34.5 13.0% 4.5% 3.6% 31.2%
SYNA $4.73B -9.6 11.4% -41.0% -42.4% 44.7%
NVTS · -12.5 -44.9% · · ·
PENG $1.27B 86.2 16.9% 1.8% 6.5% 28.8%
POWI $1.97B 91.1 5.9% 5.0% 3.1% 54.5%
AMBA $2.74B -35.6 37.1% -19.4% -13.0% 59.2%
AMBQ $522M -6.2 -4.7% -50.3% 50.3% 44.3%

Latest News Recent headlines mentioning this company

23

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Source: SEC 10-Q filed Jul 30, 2026