Dolby Laboratories (DLB)
Operating profit margin
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 215,753 | 206,605 | 344,390 | 218,742 | 257,077 |
| Revenue | US$ in thousands | 1,299,740 | 1,253,790 | 1,281,260 | 1,161,790 | 1,241,620 |
| Operating profit margin | 16.60% | 16.48% | 26.88% | 18.83% | 20.70% |
September 30, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $215,753K ÷ $1,299,740K
= 16.60%
Over the past five years, Dolby Laboratories' operating profit margin has exhibited variability. It stood at 20.70% in 2019, then dropped to 18.83% in 2020, before experiencing a significant increase to 26.88% in 2021. However, in the subsequent two years, the operating profit margin remained relatively stable at around 16-17%. This fluctuation suggests that Dolby Laboratories' ability to generate profit from its core operations has been somewhat erratic in recent years, with a notable peak in 2021 followed by a return to lower levels in the following years. An in-depth analysis of the factors driving these fluctuations would be necessary to determine the underlying causes and implications for the company's financial performance.
Peer comparison
Sep 30, 2023