LG Display Co., Ltd.
NYSE•LPL
CEO: Mr. Chul-Dong Jeong
Sector: Technology
Industry: Consumer Electronics
Listing Date: 2004-07-22
LG Display Co., Ltd., together with its subsidiaries, engages in the manufacture and sale of thin-film transistor liquid crystal display (TFT-LCD) and organic light emitting diode (OLED) technology-based display panels. Its TFT-LCD and OLED technology-based display panels are primarily used in televisions, notebook computers, desktop monitors, tablet computers, mobile devices, and automotive displays. The company also provides display panels for industrial and other applications, including entertainment systems, portable navigation devices, and medical diagnostic equipment. In addition, it provides janitorial services; invests in venture business and acquire technologies; and manages intellectual property. The company operates in Korea, China, rest of Asia, the Americas, Poland, and rest of Europe. LG Display Co., Ltd. was formerly known as LG.Philips LCD Co., Ltd. and changed its name to LG Display Co., Ltd. in March 2008. The company was incorporated in 1985 and is headquartered in Seoul, South Korea.
Contact Information
LG Twin Towers, 128 Yeoui-daero Yeongdeungpo-gu, Seoul, 07336, South Korea
82-2-3777-0748
Market Cap
$4.09B
P/E (TTM)
-9.3
19.2
Dividend Yield
--
52W High
$5.67
52W Low
$2.43
52W Range
Rank56Top 70.4%
2.9
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 2.9 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024
Financial Dashboard
Q3 2025 Data
Revenue
$5.02B+1.99%
4-Quarter Trend
EPS
-$0.01-94.18%
4-Quarter Trend
FCF
$167.34M-1067.65%
4-Quarter Trend
2024 Annual Earnings Highlights
Key Highlights
Revenue Rebounds Strongly Revenue reached W26.62T in 2024, marking a strong 24.8% increase from W21.33T in 2023.
Gross Margin Expansion Gross margin significantly improved to 9.7% in 2024, up from only 1.6% recorded in 2023.
Net Loss Narrows Annual net loss narrowed by 6.5% to W2.41T in 2024, reflecting operational efficiency gains.
OLED Product Mix Shift OLED panels drove performance, accounting for 55% of total revenue in 2024, up from 48% in 2023.
Risk Factors
Downstream Demand Cyclicality Revenue highly dependent on cyclical IT, mobile, and TV consumer demand, vulnerable to global economic downturns.
Intense Price Competition Intense competition, especially from Chinese manufacturers, continues to exert downward pressure on average selling prices.
Capital Expenditure Needs Significant capital expenditures required for OLED transition; company relies on external financing subject to debt covenants.
Geopolitical and FX Volatility Exposure to Korean economic volatility, geopolitical tensions, and potential foreign exchange rate fluctuations impacting profitability.
Outlook
OLED Business Transition Strategy focuses on accelerating transition to OLED-centric structure, funding previously announced investments in Paju complex.
CapEx Moderation Expected Expect 2025 cash CapEx similar to W2.13T spent in 2024, primarily funding OLED structure continuation.
R&D for Differentiation Concentrate R&D on OLED and next-generation display technologies to maintain competitive edge against rivals.
TFT-LCD Business Exit Completed disposal of major TFT-LCD TV manufacturing assets in China, effective April 1, 2025.
Peer Comparison
Revenue (TTM)
$18.81B
VSAT$4.58B
WEX$2.62B
Gross Margin (Latest Quarter)
S73.8%
CWAN65.1%
WEX60.4%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| CWAN | $6.93B | 16.0 | 36.1% | 30.6% |
| WEX | $5.27B | 18.6 | 25.8% | 9.1% |
| ACIW | $5.05B | 20.3 | 17.8% | 30.2% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-3.7%
Flat Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
75%
Volatile Cash Flow
Research & Insights
Next earnings:Dec 25, 2025
EPS:$0.07
|Revenue:-
Reports
All Years
Form 20-F - FY 2024
Period End: Dec 31, 2024|Filed: Apr 28, 2025|Revenue: $19.55B+24.8%|EPS: $-2.00+22.5%MissForm 20-F - FY 2023
Period End: Dec 31, 2023|Filed: Apr 29, 2024|Revenue: $16.36B-18.4%|EPS: $-2.69+14.5%MissForm 20-F - FY 2022
Period End: Dec 31, 2022|Filed: Apr 27, 2023|Revenue: $20.26B-12.5%|EPS: $-3.18-369.4%MissForm 20-F - FY 2021
Period End: Dec 31, 2021|Filed: Apr 28, 2022|Revenue: $26.10B+23.2%|EPS: $1.33+1779.3%MissForm 20-F - FY 2020
Period End: Dec 31, 2020|Filed: Apr 29, 2021|Revenue: $20.57B+3.3%|EPS: $-0.08+97.5%Beat