• Universal Display average net profit margin for 2023 was 34.36%, a 5.69% decline from 2022.
• Universal Display average net profit margin for 2022 was 32.51%, a 4.16% increase from 2021.
• Universal Display average net profit margin for 2021 was 33.92%, a 13.98% decline from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.