Dolby Laboratories (DLB)
Pretax margin
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 229,421 | 249,063 | 271,705 | 297,303 | 223,861 | 215,400 | 227,443 | 237,267 | 278,854 | 346,938 | 338,303 | 318,979 | 344,336 | 239,454 | 261,329 | 263,206 | 262,450 | 281,949 | 243,444 | 195,719 |
| Revenue (ttm) | US$ in thousands | 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 | 1,241,620 | 1,208,118 | 1,120,739 |
| Pretax margin | 17.92% | 19.16% | 21.11% | 23.25% | 18.10% | 17.18% | 18.04% | 18.86% | 22.43% | 27.08% | 26.69% | 25.99% | 27.33% | 20.61% | 21.97% | 21.15% | 21.32% | 22.71% | 20.15% | 17.46% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $229,421K ÷ $1,280,397K
= 17.92%
The pretax margin is a key profitability ratio that indicates the percentage of revenue that a company retains as income before paying its taxes. Dolby Laboratories' pretax margin has exhibited fluctuations over the past few quarters.
In the most recent quarter, Dec 31, 2023, the pretax margin stood at 17.92%, which represents a decrease from the previous quarter's figure of 19.16%. However, it is important to note that the pretax margin in the latest quarter is still higher than the values reported for the same quarter in the prior year.
Looking at the trend over the past several quarters, there is variability in the pretax margin with some quarters showing improvements while others showing declines. Overall, Dolby Laboratories has maintained pretax margins within a relatively stable range, with occasional peaks and troughs.
It is crucial for investors and stakeholders to closely monitor the factors influencing Dolby Laboratories' pretax margin, such as changes in revenue, expenses, and overall profitability. A consistent analysis of the pretax margin can provide insights into the company's operating efficiency and financial health over time.
Peer comparison
Dec 31, 2023