Dolby Laboratories (DLB)

Operating profit margin

Sep 30, 2024 Sep 30, 2023 Sep 30, 2022 Sep 30, 2021 Sep 30, 2020
Operating income US$ in thousands 258,326 215,753 206,605 344,390 218,742
Revenue US$ in thousands 1,273,720 1,299,740 1,253,790 1,281,260 1,161,790
Operating profit margin 20.28% 16.60% 16.48% 26.88% 18.83%

September 30, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $258,326K ÷ $1,273,720K
= 20.28%

Dolby Laboratories' operating profit margin has exhibited fluctuating trends over the past five years. In 2024, the operating profit margin improved to 20.28% from 16.60% in the previous year. This indicates that Dolby Laboratories was able to generate a higher percentage of operating profit relative to its revenue in 2024. However, compared to 2021 when the operating profit margin was 26.88%, the margin had decreased in 2024.

In 2023 and 2022, the operating profit margin remained relatively stable at 16.60% and 16.48% respectively. It is worth noting that the operating profit margin in 2021 was significantly higher at 26.88%, showcasing a strong performance that year. On the other hand, in 2020, the operating profit margin was 18.83%, indicating a slight decrease compared to 2021 but still higher than 2022 and 2023.

Overall, Dolby Laboratories' operating profit margin has shown some variability in recent years, with 2021 standing out as a particularly strong year in terms of profitability. Further analysis into the company's cost structure and revenue drivers could provide insights into the factors influencing these fluctuations in operating profit margins.


Peer comparison

Sep 30, 2024

Company name
Symbol
Operating profit margin
Dolby Laboratories
DLB
20.28%
InterDigital Inc
IDCC
42.87%
Marathon Digital Holdings Inc
MARA
57.01%