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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	157.47	98.98	91.99	93.43	311.99	630.01
Short-Term Investments	413.81	393.69	422.14	484.35	351.19	100
Cash & Short-Term Investments	571.28	492.67	514.12	577.78	663.19	730.01
Cash Growth	5.93%	-4.17%	-11.02%	-12.88%	-9.15%	12.99%
Receivables	172.25	147.05	139.85	92.66	107.64	82.26
Inventory	197.4	182.94	175.8	183.22	134.16	91.59
Other Current Assets	77.48	77.17	87.37	45.79	20.95	20.75
Total Current Assets	1,018	899.83	917.13	899.45	925.93	924.61
Property, Plant & Equipment	216.09	215.11	200.06	174.93	159.45	110.86
Long-Term Investments	369.03	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	74.46	79	97.2	46.63	59.38	80.94
Long-Term Accounts Receivable	34.37	31.47	18.35	11.65	-	-
Long-Term Deferred Tax Assets	81.41	78.32	59.11	58.16	33.45	37.7
Other Long-Term Assets	55.19	55.48	62.03	66.6	105.1	94.59
Total Assets	1,864	1,832	1,669	1,533	1,467	1,269
Accounts Payable	28.29	36.59	10.93	9.52	14.96	13.8
Accrued Expenses	35.09	46.03	52.08	51	45.47	41.4
Current Portion of Leases	3.98	3.85	3.53	3.74	3.35	1.87
Current Unearned Revenue	22.77	33.07	47.71	45.6	120.86	105.22
Other Current Liabilities	22.97	5.87	4.56	25.84	3.29	2.67
Total Current Liabilities	113.1	125.41	118.82	135.7	187.94	164.96
Long-Term Leases	18.79	19.14	22.86	29.04	27.26	6.88
Long-Term Unearned Revenue	2.35	0.54	12.01	18.28	36.22	57.09
Other Long-Term Liabilities	16.06	16.28	15.8	14.65	48.81	49.06
Total Liabilities	205.16	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	722.28	723.72	699.55	681.34	658.73	635.6
Retained Earnings	977.56	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	0.29	-1.06	-1.09	-18.45	-18.24	-36.02
Total Common Equity	1,659	1,617	1,447	1,275	1,100	912.71
Shareholders' Equity	1,659	1,617	1,447	1,275	1,100	912.71
Total Liabilities & Equity	1,864	1,832	1,669	1,533	1,467	1,269
Total Debt	22.76	22.98	26.39	32.78	30.61	8.75
Net Cash (Debt)	548.52	469.69	487.73	545	632.57	721.26
Net Cash Growth	6.76%	-3.70%	-10.51%	-13.84%	-12.30%	13.12%
Net Cash Per Share	11.51	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	47.57	47.47	47.37	47.77	47.7	47.65
Working Capital	905.32	774.42	798.31	763.75	738	759.65
Book Value Per Share	34.88	34.05	30.55	26.70	23.06	19.16
Tangible Book Value	1,569	1,522	1,334	1,213	1,025	816.24
Tangible Book Value Per Share	32.99	32.06	28.17	25.40	21.49	17.13
Land	12.23	12.23	12.23	2.64	2.64	2.64
Buildings	134.08	131.29	116.9	99.59	76.6	53.57
Machinery	182.14	176.31	167.44	147.77	123.39	94.8
Construction In Progress	35.92	45.29	22.49	10.57	18.66	23.59
Order Backlog	-	19.5	-	-	-	-

Updated May 1, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q