Dolby Laboratories (DLB)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 258,326 | 208,478 | 187,630 | 187,886 | 215,753 | 246,355 | 275,986 | 210,112 | 206,605 | 219,862 | 230,387 | 270,224 | 344,390 | 334,093 | 312,141 | 334,899 | 218,742 | 239,894 | 240,011 | 236,996 |
| 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 |
| Operating profit margin | 20.28% | 16.55% | 14.79% | 14.67% | 16.60% | 19.14% | 21.58% | 16.98% | 16.48% | 17.44% | 18.32% | 21.74% | 26.88% | 26.36% | 25.43% | 26.58% | 18.83% | 20.17% | 19.28% | 19.25% |
September 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $258,326K ÷ $1,273,721K
= 20.28%
The operating profit margin of Dolby Laboratories has shown some fluctuations over the past few quarters. In the most recent quarter, ending September 30, 2024, the operating profit margin was 20.28%, indicating that the company generated 20.28 cents of operating profit for every dollar of sales.
Looking at the trend over the past eight quarters, we observe that the operating profit margin has ranged from a high of 26.88% in March 2021 to a low of 14.67% in December 2023. There was a decline in the operating profit margin from 2021 through 2023, followed by an improvement in the most recent quarters.
The fluctuation in operating profit margin could be attributed to various factors such as changes in revenue, operating expenses, cost of goods sold, and other operational efficiencies. It is essential for stakeholders to closely monitor these changes to assess the company's operational efficiency and profitability.
Peer comparison
Sep 30, 2024