Dolby Laboratories (DLB)
Net profit margin
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 200,656 | 184,087 | 310,227 | 231,363 | 255,151 |
| Revenue | US$ in thousands | 1,299,740 | 1,253,790 | 1,281,260 | 1,161,790 | 1,241,620 |
| Net profit margin | 15.44% | 14.68% | 24.21% | 19.91% | 20.55% |
September 30, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $200,656K ÷ $1,299,740K
= 15.44%
Dolby Laboratories' net profit margin has shown fluctuations over the past five years. In 2023, the net profit margin was 15.44%, representing a slight increase from the previous year's margin of 14.68%. However, the margin was significantly lower compared to 2021 when it stood at 24.21%. Similarly, in 2020 and 2019, the net profit margin was 19.91% and 20.55%, respectively.
The fluctuations in the net profit margin could be attributed to various factors such as changes in revenue, operating expenses, taxes, and other financial variables. A decreasing net profit margin could indicate challenges in controlling costs or generating sufficient revenue, while an increasing margin may suggest improved operational efficiency or higher revenue growth.
It is important for Dolby Laboratories to closely monitor its net profit margin trends and implement strategies to sustain or improve profitability over time. This analysis highlights the importance of evaluating not just the absolute profitability figures but also the underlying factors influencing the net profit margin to make informed business decisions.
Peer comparison
Sep 30, 2023