Dolby Laboratories (DLB)
Pretax margin
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 249,065 | 215,468 | 346,916 | 239,459 | 281,953 |
| Revenue | US$ in thousands | 1,299,740 | 1,253,790 | 1,281,260 | 1,161,790 | 1,241,620 |
| Pretax margin | 19.16% | 17.19% | 27.08% | 20.61% | 22.71% |
September 30, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $249,065K ÷ $1,299,740K
= 19.16%
Dolby Laboratories' pretax margin has shown some fluctuations over the past five years. In 2023, the pretax margin was 19.16%, which was higher compared to the previous year (17.19%). However, it was lower than the margins reported in 2021 (27.08%), 2020 (20.61%), and 2019 (22.71%).
Overall, fluctuations in the pretax margin indicate changes in the company's profitability before taxes. It is important to further analyze the factors driving these fluctuations to gain a deeper understanding of Dolby Laboratories' financial performance.
Peer comparison
Sep 30, 2023
Company name
Symbol
Pretax margin
Dolby Laboratories
DLB
19.16%
InterDigital Inc
IDCC
45.97%
Marathon Digital Holdings Inc
MARA
71.64%