Dolby Laboratories (DLB)
Gross profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,130,221 | 1,147,178 | 1,133,193 | 1,129,966 | 1,093,980 | 1,112,433 | 1,125,734 | 1,127,261 | 1,115,585 | 1,151,231 | 1,125,631 | 1,087,497 | 1,115,302 | 1,015,294 | 1,039,435 | 1,084,883 | 1,071,581 | 1,080,766 | 1,037,211 | 955,139 |
| Revenue (ttm) | US$ in thousands | 1,280,397 | 1,299,744 | 1,287,386 | 1,278,601 | 1,237,081 | 1,253,793 | 1,260,614 | 1,257,828 | 1,243,015 | 1,281,256 | 1,267,422 | 1,227,532 | 1,259,789 | 1,161,792 | 1,189,428 | 1,244,678 | 1,231,121 | 1,241,620 | 1,208,118 | 1,120,739 |
| Gross profit margin | 88.27% | 88.26% | 88.02% | 88.38% | 88.43% | 88.73% | 89.30% | 89.62% | 89.75% | 89.85% | 88.81% | 88.59% | 88.53% | 87.39% | 87.39% | 87.16% | 87.04% | 87.04% | 85.85% | 85.22% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,130,221K ÷ $1,280,397K
= 88.27%
Dolby Laboratories has maintained a consistently high gross profit margin over the past multiple quarters, ranging from 85.22% to 89.85%. This indicates that the company is effectively managing its production costs and generating strong revenue from its products or services. The slight fluctuations in the gross profit margin from quarter to quarter may be influenced by various factors such as changes in pricing strategies, fluctuations in input costs, or shifts in sales volumes. Overall, the consistently high gross profit margin suggests that Dolby Laboratories has a strong competitive position in its industry and is adept at controlling its cost of goods sold to generate profits.
Peer comparison
Dec 31, 2023