Dolby Laboratories (DLB)
Return on assets (ROA)
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 261,825 | 200,656 | 184,087 | 310,227 | 231,363 |
| Total assets | US$ in thousands | 3,109,930 | 2,979,770 | 2,689,550 | 3,105,690 | 2,917,320 |
| ROA | 8.42% | 6.73% | 6.84% | 9.99% | 7.93% |
September 30, 2024 calculation
ROA = Net income ÷ Total assets
= $261,825K ÷ $3,109,930K
= 8.42%
Dolby Laboratories' return on assets (ROA) has shown fluctuation over the past five years, ranging from 6.73% in 2023 to 9.99% in 2021. The ROA for the most recent period ending on September 30, 2024, stands at 8.42%. This indicates that, on average, Dolby Laboratories generated a return of approximately 8.42 cents for every dollar of assets during the specified period. The upward trend seen in 2021 followed by a slight decrease in 2022 and 2023 suggests varying levels of efficiency in asset utilization and profitability. Further analysis of the company's financial performance and asset management strategies may provide insight into the factors influencing these ROA fluctuations.
Peer comparison
Sep 30, 2024