Dolby Laboratories

Dolby Laboratories

DLB · NYSE · Industrials / Specialty Business Services

63.61USD-0.98 (-1.52%)

Price History

Full chart

Market Stats

Previous Close64.59
Open64.91
Day Range61.48 – 64.91
52-Week Range47.98 – 71.36
Volume1.26M
Market Cap5.49B
P/E (TTM)24.92
Forward P/E12.61
EPS2.35
Dividend Yield2.50%
Beta0.80
50-Day Avg59.05
200-Day Avg59.98

About

Dolby Laboratories, Inc. engages in the design and manufacture of audio, imaging, accessibility, and other hardware and software solutions for television, broadcast, and live entertainment industries in the United States and internationally. The company develops and licenses its audio technologies, such as AAC, HE-AAC, and extended HE-AAC, a digital audio codec solution; AVC, a digital video codec used in STBs, mobile devices, cameras, and broadcast television services and other products; and Dolby Atmos and Dolby Vision include encoding technologies that artists use to create more compelling and immersive audio and video experiences. It also provides DD+, an advanced surround sound audio codec technology; Dolby AC-4, an audio codec that uses cutting edge compression; and HEVC, a digital video codec that compresses video. In addition, the company offers Dolby Cinemas, a premium large format cinemas that deliver a Dolby branded premium cinema offering with Dolby Vision, Dolby Atmos, and a Dolby theater design; Dolby.io, a SaaS product of immersive, interactive, and social experiences with real-time engagement for live events, especially sports; and digital cinema servers, cinema processors, amplifiers, loudspeakers, and audio and imaging hardware and software products for the cinema, television, broadcast, communication, and entertainment industries. Further, it provides various services to support theatrical and television production for cinema exhibition, broadcast, and home entertainment. It serves film studios, content creators, post-production facilities, and broadcasters. Dolby Laboratories, Inc. was founded in 1965 and is headquartered in San Francisco, California.

Company Details

  • SectorIndustrials
  • IndustrySpecialty Business Services
  • CEOMr. Marc Whitten
  • Employees2.05K
  • Headquarters1275 Market Street, San Francisco, CA, United States, 94103-1410, USA
  • Websitehttps://www.dolby.com

Leadership

  • Mr. Robert J. ParkSenior VP & CFO · b. 1970
  • Mr. Andy Sherman J.D.Executive VP, General Counsel & Corporate Secretary · b. 1967
  • Mr. Kevin J. YeamanConsultant · b. 1966
  • Mr. John D. CoulingSenior Vice President of Entertainment · b. 1975
  • Dr. Shriram RevankarSenior Vice President of Advanced Technology Group · b. 1962
  • Mr. Marc WhittenPresident, CEO & Director · b. 1971
  • Mr. Ryan NicholsonVP, Corporate Controller & Chief Accounting Officer
  • Mr. Edwin MarinSenior VP & Chief Information Officer
  • Mr. Peter L. GoldmacherVice President of Investor Relations
  • Mr. Todd PendletonSenior VP & Chief Marketing Officer · b. 1972

Financials

Income Statement

Currency: USD2001-09-302002-09-302003-09-302004-09-302005-09-302006-09-302007-09-302008-09-302009-09-302010-09-302011-09-302012-09-302013-09-302014-09-302014-11-172015-09-302016-09-302017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Total Revenue124.65M161.87M217.47M289.04M327.97M391.54M482.03M640.23M719.50M922.71M955.50M926.26M909.67M960.18M59.22M970.64M1.03B1.08B1.05B1.24B1.16B1.28B1.25B1.01B1.27B1.35B
Growth (%)-+29.85%+34.35%+32.91%+13.47%+19.38%+23.11%+32.82%+12.38%+28.24%+3.55%-3.06%-1.79%+5.55%-93.83%+1539.07%+5.68%+5.43%-2.48%+17.73%-6.43%+10.28%-2.14%-19.51%+26.21%+5.92%
Cost of Revenue50.44M57.72M73.64M91.50M80.22M76.04M74.27M67.78M84.81M122.22M111.17M92.03M96.72M70.18M70.18M94.82M108.98M118.31M127.56M160.85M146.50M130.03M141.36M117.01M140.50M160.13M
Gross Profit74.21M104.15M143.83M197.54M247.75M315.50M407.76M572.45M634.69M800.49M844.33M834.24M812.96M890.00M890.00M875.82M916.76M963.15M927.04M1.08B1.02B1.15B1.11B892.17M1.13B1.19B
Gross Margin59.53%64.34%66.14%68.34%75.54%80.58%84.59%89.41%88.21%86.75%88.37%90.06%89.37%92.69%1502.90%90.23%89.38%89.06%87.90%87.04%87.39%89.85%88.73%88.41%88.97%88.13%
Operating Expense64.35M103.60M96.16M129.94M165.69M189.54M222.91M286.17M292.20M354.49M411.19M471.05M561.82M613.88M616.28M662.27M683.73M701.66M743.98M787.13M794.73M810.47M895.21M672.92M868.52M924.04M
Operating Income9.86M549.00K47.67M67.60M82.06M125.96M184.85M286.28M342.50M446.00M433.14M363.18M251.14M276.12M273.72M213.55M233.03M261.49M183.06M293.63M220.56M340.76M217.23M219.25M264.71M264.96M
Operating Margin7.91%0.34%21.92%23.39%25.02%32.17%38.35%44.72%47.60%48.34%45.33%39.21%27.61%28.76%462.21%22.00%22.72%24.18%17.36%23.65%18.98%26.60%17.33%21.73%20.78%19.64%
EBITDA9.86M89.02M56.69M78.96M104.42M161.28M227.33M328.74M401.09M472.65M484.64M413.06M303.89M329.38M-314.92M321.06M340.95M277.66M367.43M330.59M450.37M318.89M219.25M399.81M378.56M
EBITDA Margin7.91%55.00%26.07%27.32%31.84%41.19%47.16%51.35%55.74%51.22%50.72%44.59%33.41%34.30%-32.44%31.30%31.53%26.33%29.59%28.46%35.15%25.43%21.73%31.39%28.06%
Net Income5.65M-105.00K30.97M39.84M52.29M89.55M142.83M199.46M242.99M283.45M309.27M264.30M189.27M206.10M206.10M181.39M185.86M201.80M41.75M255.15M231.36M310.23M184.09M191.47M261.82M255.02M
Net Income Margin4.53%-0.06%14.24%13.78%15.94%22.87%29.63%31.15%33.77%30.72%32.37%28.53%20.81%21.47%348.04%18.69%18.12%18.66%3.96%20.55%19.91%24.21%14.68%18.97%20.56%18.90%
R&D16.11M15.13M18.26M23.48M30.53M35.38M44.11M62.08M66.71M104.98M123.92M140.14M168.75M183.13M183.13M201.32M219.61M233.31M236.79M237.87M239.04M253.64M261.17M201.10M263.66M261.79M
R&D as % of Total Revenue12.92%9.35%8.40%8.12%9.31%9.04%9.15%9.70%9.27%11.38%12.97%15.13%18.55%19.07%309.24%20.74%21.41%21.57%22.45%19.16%20.58%19.80%20.83%19.93%20.70%19.40%
Interest Expense3.37M643.00K2.15M2.35M1.85M1.77M3.11M2.13M935.00K703.00K1.03M196.00K575.00K183.00K0183.00K125.00K127.00K198.00K170.00K186.00K479.00K394.00K161.00K34.08M-
Interest Expense % of Total Revenue2.70%0.40%0.99%0.81%0.56%0.45%0.65%0.33%0.13%0.08%0.11%0.02%0.06%0.02%0.00%0.02%0.01%0.01%0.02%0.01%0.02%0.04%0.03%0.02%2.68%-

Balance Sheet

Currency: USD2001-09-302002-09-302003-09-302004-09-302005-09-302006-09-302007-09-302008-09-302009-09-302010-09-302011-09-302012-09-302013-09-302014-09-302015-09-302016-09-302017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Total Assets125.64M-202.71M442.36M579.50M728.19M979.30M1.31B1.58B1.69B1.88B1.96B1.74B1.98B2.13B2.32B2.54B2.87B2.82B2.94B3.12B2.70B2.99B3.13B3.23B
Total Liabilities--92.80M94.67M100.09M113.99M159.87M239.90M218.21M197.15M199.04M217.56M237.92M252.36M317.29M337.79M397.14M497.71M511.07M499.18M518.66M451.15M622.38M643.72M595.81M
Total Equity60.65M-93.78M143.33M461.14M594.29M797.16M1.05B1.34B1.49B1.66B1.72B1.48B1.71B1.81B1.97B2.14B2.19B2.31B2.43B2.60B2.25B2.36B2.48B2.62B
Cash22.60M-61.92M78.71M372.61M108.65M128.06M121.68M132.77M156.44M394.47M468.62M454.40M570.61M534.86M519.76M634.37M925.25M805.59M1.08B1.23B628.37M817.97M577.75M701.89M
Total Debt--15.60M14.87M13.47M12.33M11.25M9.38M7.45M----------81.14M72.12M50.94M50.65M46.99M38.88M
Net Debt-22.60M--46.32M-63.84M-359.14M-96.32M-116.81M-112.30M-125.32M-156.44M-394.47M-468.62M-454.40M-570.61M-534.86M-519.76M-634.37M-925.25M-805.59M-998.84M-1.16B-577.43M-767.32M-530.76M-663.01M

Cash Flow

Currency: USD2003-09-302004-09-302005-09-302006-09-302007-09-302008-09-302009-09-302010-09-302011-09-302012-09-302013-09-302014-09-302014-11-172015-09-302016-09-302017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Operating Cash Flow39.64M46.86M80.42M132.50M162.97M264.47M273.23M327.30M403.69M389.92M276.50M361.55M361.55M309.38M360.06M377.79M352.20M327.67M343.85M447.75M318.58M282.07M327.25M472.20M
Investing Cash Flow-14.05M-30.91M-31.08M-163.40M-192.80M-271.34M-236.50M-44.36M-236.70M-194.80M175.03M-204.94M-204.94M-203.59M-282.50M-158.03M78.09M-56.23M134.37M-44.91M-295.94M54.21M-286.29M-10.59M
Financing Cash Flow-1.40M-20.00K244.71M20.20M30.52M34.90M21.52M-184.77M-162.50M-254.32M-487.96M-40.58M-40.58M-138.52M-91.99M-106.83M-133.63M-385.28M-207.78M-252.51M-610.56M-194.01M-287.81M-247.24M
Capital Expenditure6.75M12.52M14.73M8.04M15.80M13.61M23.57M38.31M47.36M167.70M30.76M113.31M78.72M194.94M221.78M104.87M85.36M113.54M68.99M54.45M59.46M22.15M30.01M41.94M
Free Cash Flow32.89M34.34M65.69M124.46M147.17M250.86M249.66M288.99M356.33M222.22M245.74M248.23M-114.44M138.28M272.93M266.85M214.14M274.86M393.30M259.12M259.91M297.25M430.26M
Dividends Paid-------35.57M00408.21M41.02M041.02M48.40M57.06M66.16M77.50M88.58M89.17M100.07M77.58M114.58M126.60M
FCF to OCF82.97%73.28%81.68%93.93%90.30%94.85%91.38%88.30%88.27%56.99%88.87%68.66%-36.99%38.40%72.24%75.76%65.35%79.94%87.84%81.34%92.15%90.83%91.12%
Dividend Paid to FCF-------12.31%0.00%0.00%166.11%16.52%-35.84%35.00%20.91%24.79%36.19%32.23%22.67%38.62%29.85%38.55%29.42%

Earnings

Report DateMay 5, 2005Jul 28, 2005Nov 17, 2005Jan 26, 2006Apr 27, 2006Aug 2, 2006Nov 9, 2006Feb 1, 2007May 2, 2007Aug 1, 2007Nov 8, 2007Jan 31, 2008May 1, 2008Jul 31, 2008Nov 6, 2008Feb 4, 2009Apr 30, 2009Jul 30, 2009Nov 3, 2009Feb 3, 2010Apr 29, 2010Jul 29, 2010Nov 4, 2010Feb 3, 2011May 5, 2011Aug 4, 2011Nov 17, 2011Jan 31, 2012May 3, 2012Aug 2, 2012Nov 8, 2012Jan 29, 2013Apr 25, 2013Jul 25, 2013Oct 29, 2013Jan 23, 2014Apr 29, 2014Jul 24, 2014Oct 23, 2014Jan 21, 2015Apr 21, 2015Jul 22, 2015Oct 21, 2015Jan 27, 2016Apr 27, 2016Jul 27, 2016Oct 26, 2016Jan 25, 2017Apr 26, 2017Jul 25, 2017Oct 25, 2017Jan 24, 2018Apr 24, 2018Jul 25, 2018Oct 24, 2018Jan 30, 2019May 1, 2019Aug 1, 2019Nov 14, 2019Jan 29, 2020May 4, 2020Aug 3, 2020Nov 12, 2020Jan 28, 2021May 4, 2021Jul 29, 2021Nov 16, 2021Feb 3, 2022May 5, 2022Aug 9, 2022Nov 17, 2022Feb 2, 2023May 4, 2023Aug 3, 2023Nov 16, 2023Feb 1, 2024May 2, 2024Aug 7, 2024Nov 19, 2024Jan 29, 2025May 1, 2025Jul 31, 2025Nov 18, 2025Jan 29, 2026Apr 30, 2026Jul 30, 2026Nov 17, 2026
EPS Estimate0.190.180.090.140.190.130.110.210.270.200.240.320.420.310.340.430.460.310.330.490.620.530.500.640.760.580.600.690.800.580.530.560.670.400.440.460.630.410.460.530.640.420.470.450.610.660.350.520.620.800.420.600.780.830.440.650.840.650.480.491.090.270.341.040.670.480.561.060.820.590.710.790.970.550.530.771.190.590.700.981.270.710.700.991.340.400.91
EPS Actual0.140.160.150.220.280.170.220.270.300.260.390.420.490.400.420.560.600.440.380.590.760.530.590.630.720.550.710.760.910.570.610.640.740.470.570.590.880.520.580.560.720.490.410.480.820.760.370.660.630.860.450.790.780.920.440.741.040.760.430.641.040.860.451.480.910.710.581.010.920.680.541.111.260.550.651.011.270.710.811.141.340.780.991.061.370.43-
Surprise-26.32%-11.11%66.67%57.14%47.37%30.77%100.00%28.57%11.11%30.00%62.50%31.25%16.67%29.03%23.53%30.23%30.43%41.94%15.15%20.41%22.58%0.00%18.00%-1.56%-5.26%-5.17%18.33%10.14%13.75%-1.72%15.09%14.29%10.45%17.50%29.55%28.26%39.68%26.83%26.09%5.66%12.50%16.67%-12.77%6.67%34.43%15.15%5.71%26.92%1.61%7.50%7.14%31.67%0.00%10.84%0.00%13.85%23.81%16.92%-10.42%30.61%-4.59%218.52%32.35%42.31%35.82%47.92%3.57%-4.72%12.20%15.25%-23.94%40.51%29.90%0.00%22.64%31.17%6.72%20.34%15.71%16.33%5.51%9.86%41.43%7.07%2.24%7.50%-
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Key Statistics & Ratios

Market Cap5.49B
Enterprise Value4.81B
Trailing P/E24.92
Forward P/E12.61
PEG Ratio2.08
Price / Sales4.05
Price / Book2.10
EPS2.35
Book Value27.59
Revenue (TTM)1.35B
Gross Profit (TTM)1.19B
EBITDA354.67M
Profit Margin16.70%
Operating Margin12.55%
Return on Equity8.76%
Return on Assets5.15%
Shares Outstanding59.42M
Shares Float58.76M
Beta0.80
Dividend Yield2.50%
Dividend Rate1.44
Payout Ratio37.40%

Analyst Ratings

Buy
Based on 4 analystsTarget 79.00
  • Strong Buy
    2
  • Buy
    1
  • Hold
    1

Ownership Breakdown

Institutions
106.27%
Insiders
1.60%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    6.54M6.98%
  • Morgan Stanley - Brokerage Accounts
    5.14M5.49%
  • Vanguard Portfolio Management, LLC
    4.97M5.31%
  • Bank of New York Mellon Corp
    4.50M4.80%
  • Vanguard Capital Management, LLC
    2.73M2.91%
  • First Trust Advisors L.P.
    2.71M2.89%
  • State Street Corp
    2.29M2.45%
  • Geode Capital Management, LLC
    1.77M1.88%
  • Acadian Asset Management LLC
    1.57M1.68%
  • Dimensional Fund Advisors, Inc.
    1.56M1.66%
  • Bank of Montreal
    1.46M1.56%
  • Snyder Capital Management LP
    1.32M1.41%
  • Disciplined Growth Investors Inc
    1.25M1.33%

Top Fund Holders

  • iShares Core S&P Mid-Cap ETF
    2.11M2.26%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.93M2.06%
  • Eaton Vance Atlanta Capital SMID-Cap I
    1.72M1.84%
  • Vanguard Information Technology ETF
    1.51M1.61%
  • First Trust SMID Cp Rising Div Achv ETF
    1.46M1.55%
  • Vanguard Small Cap Index
    1.39M1.48%
  • BNY Mellon Dynamic Value Fund A
    1.29M1.38%

Dividends

20263×
0.36Aug 11, 20260.36May 12, 20260.36Feb 10, 2026
20254×
0.36Dec 2, 20250.33Aug 12, 20250.33May 13, 20250.33Feb 11, 2025
20244×
0.33Dec 3, 20240.30Aug 19, 20240.30May 13, 20240.30Feb 12, 2024
20234×
0.30Nov 27, 20230.27Aug 11, 20230.27May 15, 20230.27Feb 13, 2023
20224×
0.27Nov 29, 20220.25Aug 22, 20220.25May 16, 20220.25Feb 15, 2022
20214×
0.25Nov 29, 20210.22Aug 10, 20210.22May 14, 20210.22Feb 8, 2021
20201×
0.22Nov 23, 2020