Dolby Laboratories (DLB)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 88.27% | 88.26% | 88.02% | 88.38% | 88.43% | 88.73% | 89.30% | 89.62% | 89.75% | 89.85% | 88.81% | 88.59% | 88.53% | 87.39% | 87.39% | 87.16% | 87.04% | 87.04% | 85.85% | 85.22% |
| Operating profit margin | 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% | 20.70% | 18.08% | 15.75% |
| 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% |
| Net profit margin | 14.70% | 15.44% | 17.03% | 18.96% | 14.83% | 14.68% | 15.91% | 17.14% | 20.52% | 24.21% | 23.11% | 24.89% | 25.23% | 19.91% | 20.89% | 17.73% | 16.71% | 20.55% | 19.70% | 17.98% |
Dolby Laboratories has demonstrated consistent strength in its profitability ratios over the periods analyzed. The company's gross profit margins have remained high, consistently above 85%, indicating efficient cost management and pricing strategies.
In terms of operating profit margin, Dolby Labs has shown fluctuation but generally maintained a healthy level above 15%, with peaks surpassing 20%. This suggests effective operational efficiency and control of expenses.
The pretax margin has also shown a positive trend, generally increasing over time and peaking at around 27%. This indicates the company's ability to generate profit before considering taxes, reflecting strong performance in revenue generation and cost management.
The net profit margin, while fluctuating to some extent, has remained robust, with most values above 15% and reaching peaks around 25%. This reflects Dolby's ability to convert revenue into net income efficiently, indicating good control over expenses and effective revenue management.
Overall, Dolby Laboratories' profitability ratios suggest a financially healthy and well-managed company with a consistent track record of generating profits and maintaining strong margins.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 6.40% | 7.24% | 8.19% | 9.73% | 7.64% | 7.68% | 7.53% | 7.52% | 8.70% | 11.09% | 10.66% | 10.05% | 10.81% | 7.50% | 8.26% | 8.15% | 8.19% | 9.11% | 7.77% | 6.20% |
| Return on assets (ROA) | 6.41% | 6.73% | 7.29% | 8.55% | 6.67% | 6.84% | 6.87% | 7.04% | 8.21% | 9.99% | 9.34% | 9.84% | 10.26% | 7.93% | 8.56% | 7.50% | 7.11% | 9.04% | 8.47% | 7.08% |
| Return on total capital | 8.68% | 10.08% | 11.50% | 12.66% | 9.80% | 9.61% | 9.28% | 9.14% | 10.59% | 13.37% | 12.92% | 12.34% | 13.43% | 9.85% | 10.76% | 11.14% | 11.26% | 12.23% | 10.52% | 8.35% |
| Return on equity (ROE) | 8.03% | 8.52% | 9.26% | 10.31% | 8.02% | 8.20% | 8.17% | 8.29% | 9.67% | 11.94% | 11.17% | 11.81% | 12.39% | 9.51% | 10.22% | 9.34% | 8.82% | 11.06% | 10.28% | 8.58% |
Dolby Laboratories has shown consistent profitability over the periods analyzed. Operating return on assets (Operating ROA) has ranged from 6.20% to 11.09%, indicating the company's ability to generate operating profits from its assets.
Return on assets (ROA) has also been stable, ranging from 6.67% to 10.81%, showcasing Dolby Laboratories' efficiency in generating profits relative to its total assets.
Return on total capital and return on equity (ROE) have displayed a similar pattern, ranging from 8.02% to 13.43% and 8.03% to 12.39%, respectively. These ratios demonstrate the company's ability to generate returns for its shareholders and overall capital providers.
Overall, Dolby Laboratories has maintained a solid level of profitability, with consistent performance across different profitability ratios over the periods analyzed. These ratios suggest a strong operational efficiency and effective use of assets and capital by the company.