Dolby Laboratories (DLB)
Profitability ratios
Return on sales
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 88.97% | 88.26% | 88.73% | 89.85% | 87.39% |
| Operating profit margin | 20.28% | 16.60% | 16.48% | 26.88% | 18.83% |
| Pretax margin | 24.34% | 19.16% | 17.19% | 27.08% | 20.61% |
| Net profit margin | 20.56% | 15.44% | 14.68% | 24.21% | 19.91% |
Dolby Laboratories has shown a consistent and impressive performance in terms of profitability ratios over the past five years. The Gross profit margin has remained strong, consistently above 87%, indicating the company's ability to efficiently manage its cost of goods sold.
The Operating profit margin has also shown an upward trend over the years, increasing from 16.48% in 2022 to 20.28% in 2024. This demonstrates the company's efficiency in managing its operating expenses relative to its revenue.
Similarly, the Pretax margin has shown a positive trend, increasing from 17.19% in 2022 to 24.34% in 2024. This indicates that Dolby Laboratories has been able to generate higher profits before taxes relative to its total revenue.
The Net profit margin, which reflects the company's bottom-line profitability, has also improved consistently over the years, reaching 20.56% in 2024. This suggests that the company has effectively managed its tax expenses and other costs to generate higher net profits relative to its revenue.
Overall, Dolby Laboratories' profitability ratios demonstrate its strong financial performance and efficient management of costs, leading to consistent growth in profitability over the years.
Return on investment
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 8.31% | 7.24% | 7.68% | 11.09% | 7.50% |
| Return on assets (ROA) | 8.42% | 6.73% | 6.84% | 9.99% | 7.93% |
| Return on total capital | 10.43% | 9.16% | 9.61% | 13.37% | 9.85% |
| Return on equity (ROE) | 10.57% | 8.52% | 8.20% | 11.94% | 9.51% |
Dolby Laboratories' profitability ratios have shown relatively consistent performance over the past five years.
- Operating return on assets (Operating ROA) has ranged from 7.24% to 11.09%, with the highest being in 2021. In 2024, the Operating ROA stands at 8.31%, indicating that the company generates $8.31 in operating income for every $100 in assets.
- Return on assets (ROA) has also shown stability, with the highest being at 9.99% in 2021 and the lowest at 6.73% in 2023. In 2024, the ROA stands at 8.42%, indicating that the company generated $8.42 in net income for every $100 in assets.
- Return on total capital has fluctuated between 9.16% and 13.37%, with the highest in 2021. In 2024, the return on total capital is at 10.43%, which suggests that the company earned $10.43 for every $100 of total capital employed.
- Return on equity (ROE) has also been relatively stable, ranging from 8.20% to 11.94%, with the highest in 2021. The ROE for 2024 is at 10.57%, indicating that the company generated $10.57 in net income for every $100 of shareholder equity.
Overall, Dolby Laboratories has maintained healthy profitability levels over the years, demonstrating efficient management of assets and capital to generate returns for shareholders.