Dolby Laboratories (DLB)
Gross profit margin
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,147,180 | 1,112,430 | 1,151,230 | 1,015,290 | 1,080,770 |
| Revenue | US$ in thousands | 1,299,740 | 1,253,790 | 1,281,260 | 1,161,790 | 1,241,620 |
| Gross profit margin | 88.26% | 88.73% | 89.85% | 87.39% | 87.05% |
September 30, 2023 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,147,180K ÷ $1,299,740K
= 88.26%
Dolby Laboratories has maintained a consistently high gross profit margin over the past five years, with the margin ranging from 87.05% in 2019 to 89.85% in 2021. The marginal decrease in 2020 to 87.39% was followed by a slight further dip to 88.73% in 2022, but the margin rebounded in 2023 to 88.26%. Overall, the company has demonstrated strong control over its cost of goods sold relative to its sales revenue, indicating efficient operations and pricing strategies. The relatively stable gross profit margin suggests that Dolby Laboratories has been able to maintain healthy profitability levels despite potential fluctuations in production costs or pricing pressures in the market.
Peer comparison
Sep 30, 2023