Dolby Laboratories (DLB)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 188,262 | 200,656 | 219,226 | 242,424 | 183,448 | 184,087 | 200,522 | 215,546 | 255,043 | 310,227 | 292,865 | 305,529 | 317,808 | 231,363 | 248,452 | 220,741 | 205,685 | 255,151 | 237,949 | 201,491 |
| 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 |
| Net profit margin | 14.70% | 15.44% | 17.03% | 18.96% | 14.83% | 14.68% | 15.91% | 17.14% | 20.52% | 24.21% | 23.11% | 24.89% | 25.23% | 19.91% | 20.89% | 17.73% | 16.71% | 20.55% | 19.70% | 17.98% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $188,262K ÷ $1,280,397K
= 14.70%
Dolby Laboratories' net profit margin has shown variability over the past several quarters. The net profit margin represents the percentage of revenue that translates into profit after all expenses have been deducted.
The trend in Dolby Laboratories' net profit margin has been generally positive, with the margin increasing from the first quarter of 2019 to the first quarter of 2023. However, there are fluctuations in the margin from quarter to quarter during this period.
In recent quarters, the net profit margin has ranged from a low of 14.68% in September 2022 to a high of 25.23% in December 2020. The margin reached its peak in the first quarter of 2021 and has generally remained above 15%, indicating that Dolby Laboratories has been successful in controlling costs and generating profit relative to its revenue.
Overall, Dolby Laboratories' net profit margin indicates a healthy profitability level, although investors may want to closely monitor any future fluctuations in the margin to assess the company's financial performance and efficiency in controlling expenses.
Peer comparison
Dec 31, 2023