Dolby Laboratories (DLB)
Pretax margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 309,988 | 249,065 | 215,468 | 346,916 | 239,459 |
| Revenue | US$ in thousands | 1,273,720 | 1,299,740 | 1,253,790 | 1,281,260 | 1,161,790 |
| Pretax margin | 24.34% | 19.16% | 17.19% | 27.08% | 20.61% |
September 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $309,988K ÷ $1,273,720K
= 24.34%
Dolby Laboratories' pretax margin has shown fluctuation over the past five years. The pretax margin was relatively stable between 2020 and 2022, ranging from 17.19% to 20.61%. However, in 2023 and 2024, there was a noticeable increase in the pretax margin, reaching 19.16% and 24.34% respectively. This upward trend indicates an improvement in the company's ability to generate profit before accounting for taxes on its operating income. The recent increase in pretax margin suggests that Dolby Laboratories may have implemented successful cost-cutting measures or operational efficiencies, leading to higher profitability relative to its revenues in the most recent years.
Peer comparison
Sep 30, 2024