Universal Display Corporation (OLED)

Universal Display Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	95.8	98.98	91.99	93.43	311.99	630.01
Short-Term Investments	429.4	393.69	422.14	484.35	351.19	100
Cash & Short-Term Investments	525.21	492.67	514.12	577.78	663.19	730.01
Cash Growth	-1.00%	-4.17%	-11.02%	-12.88%	-9.15%	12.99%
Receivables	187.3	147.05	139.85	92.66	107.64	82.26
Inventory	208.2	182.94	175.8	183.22	134.16	91.59
Other Current Assets	90.1	77.17	87.37	45.79	20.95	20.75
Total Current Assets	1,011	899.83	917.13	899.45	925.93	924.61
Property, Plant & Equipment	224.2	215.11	200.06	174.93	159.45	110.86
Long-Term Investments	432.37	457.59	299.55	259.86	168.08	5
Goodwill	15.54	15.54	15.54	15.54	15.54	15.54
Other Intangible Assets	69.91	79	97.2	46.63	59.38	80.94
Long-Term Accounts Receivable	36.41	31.47	18.35	11.65	-	-
Long-Term Deferred Tax Assets	82.91	78.32	59.11	58.16	33.45	37.7
Other Long-Term Assets	59.57	55.48	62.03	66.6	105.1	94.59
Total Assets	1,932	1,832	1,669	1,533	1,467	1,269
Accounts Payable	38.47	36.59	10.93	9.52	14.96	13.8
Accrued Expenses	44.08	46.03	52.08	51	45.47	41.4
Current Portion of Leases	4.05	3.85	3.53	3.74	3.35	1.87
Current Unearned Revenue	36.01	33.07	47.71	45.6	120.86	105.22
Other Current Liabilities	2.95	5.87	4.56	25.84	3.29	2.67
Total Current Liabilities	125.56	125.41	118.82	135.7	187.94	164.96
Long-Term Leases	17.79	19.14	22.86	29.04	27.26	6.88
Long-Term Unearned Revenue	2.22	0.54	12.01	18.28	36.22	57.09
Other Long-Term Liabilities	16.23	16.28	15.8	14.65	48.81	49.06
Total Liabilities	217.09	215.81	221.74	257.45	367.01	356.51
Common Stock	0.49	0.49	0.49	0.49	0.49	0.49
Additional Paid-In Capital	732.07	723.72	699.55	681.34	658.73	635.6
Retained Earnings	1,023	934.66	789.55	653.28	500.21	353.93
Treasury Stock	-41.28	-41.28	-41.28	-41.28	-41.28	-41.28
Comprehensive Income & Other	0.15	-1.06	-1.09	-18.45	-18.24	-36.02
Total Common Equity	1,715	1,617	1,447	1,275	1,100	912.71
Shareholders' Equity	1,715	1,617	1,447	1,275	1,100	912.71
Total Liabilities & Equity	1,932	1,832	1,669	1,533	1,467	1,269
Total Debt	21.84	22.98	26.39	32.78	30.61	8.75
Net Cash (Debt)	503.37	469.69	487.73	545	632.57	721.26
Net Cash Growth	-0.49%	-3.70%	-10.51%	-13.84%	-12.30%	13.12%
Net Cash Per Share	10.56	9.86	10.24	11.48	13.36	15.27
Filing Date Shares Outstanding	47.53	47.47	47.37	47.25	48.5	47.11
Total Common Shares Outstanding	47.53	47.47	47.37	47.77	47.7	47.65
Working Capital	885.25	774.42	798.31	763.75	738	759.65
Book Value Per Share	36.07	34.05	30.55	26.70	23.06	19.16
Tangible Book Value	1,629	1,522	1,334	1,213	1,025	816.24
Tangible Book Value Per Share	34.27	32.06	28.17	25.40	21.49	17.13
Land	12.23	12.23	12.23	2.64	2.64	2.64
Buildings	134.59	131.29	116.9	99.59	76.6	53.57
Machinery	185.76	176.31	167.44	147.77	123.39	94.8
Construction In Progress	47.42	45.29	22.49	10.57	18.66	23.59
Order Backlog	-	19.5	-	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q