Dolby Laboratories (DLB)
Gross profit margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,133,225 | 1,117,425 | 1,121,125 | 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 |
| Revenue (ttm) | US$ in thousands | 1,273,721 | 1,259,477 | 1,269,029 | 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 |
| Gross profit margin | 88.97% | 88.72% | 88.35% | 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% |
September 30, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,133,225K ÷ $1,273,721K
= 88.97%
Dolby Laboratories has demonstrated consistently high gross profit margins over the past eight quarters, ranging from 87.04% to 89.85%. The gross profit margin measures the percentage of revenue that exceeds the cost of goods sold, indicating the company's efficiency in production and pricing. Dolby's gross profit margin has been stable, with minor fluctuations, reflecting effective cost management and pricing strategies. The significant margins suggest that Dolby has a strong competitive position and pricing power in its industry, which may be driven by its innovative technology and strong brand recognition. Overall, Dolby Laboratories' strong gross profit margins demonstrate its ability to generate healthy profits from its core operations.
Peer comparison
Sep 30, 2024