Skip to content

Dolby Laboratories, Inc. DLB Ratios & Valuation

Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25
Profitability
Gross margin87.4%-0.4pp87.9%-0.3pp88.1%-0.4pp88.5%-0.4pp88.9%+0.3pp
Operating margin18.5%0.0pp18.5%-1.2pp19.6%-1.3pp20.9%+0.4pp20.5%-0.2pp
Net margin17.9%-0.1pp18%-0.9pp18.9%-0.7pp19.6%+0.2pp19.4%-0.5pp
EBITDA margin25.2%+0.1pp25.2%-1.0pp26.1%-1.2pp27.4%+0.5pp26.8%+0.1pp
Free cash flow margin22.1%-6.7pp28.8%-3.5pp32.3%-0.2pp32.5%+2.9pp29.6%-0.5pp
Returns
Return on equity9.4%0.0pp9.4%-0.6pp10%-0.5pp10.5%+0.2pp10.3%-0.5pp
Return on assets7.5%-0.1pp7.6%-0.5pp8%-0.5pp8.6%+0.4pp8.2%-0.4pp
Return on invested capital13.1%+0.2pp12.9%-1.0pp13.9%+0.5pp13.4%+0.6pp12.7%-0.1pp
Efficiency
Asset turnover0.4×0.0×0.4×0.0×0.4×0.0×0.4×0.0×0.4×0.0×
Inventory turnover5.2×0.0×5.2×+0.2×+0.4×4.6×+0.5×4.2×-0.1×
Liquidity
Current ratio-0.2×3.2×0.0×3.2×-0.3×3.4×+0.4×+0.1×
Quick ratio2.9×-0.2×3.1×0.0×3.1×-0.3×3.4×+0.4×+0.1×
Cash ratio1.4×-0.2×1.6×-0.2×1.8×-0.1×1.9×+0.3×1.6×+0.3×
Leverage
Debt-to-equity0.0×0.0×0.0×0.0×0.0×
Debt-to-assets0.0×0.0×0.0×0.0×0.0×
Net debt / EBITDA-1.8×+0.2×-2×+0.1×-2.1×-0.2×-1.9×+0.1×-2×-0.4×
Per Share
Book value per share$27.41+2.0%$26.87-0.1%$26.90+0.1%$26.88+1.8%$26.40+2.3%
Valuation
Market capitalization$5.74B-6.2%$6.12B-11.8%$6.94B-2.6%$7.12B-8.0%$7.74B+3.7%
Enterprise value$5.11B-5.8%$5.43B-12.2%$6.18B-3.5%$6.41B-8.9%$7.03B+1.9%
Price / earnings23.6×-1.9×25.4×-1.8×27.2×+0.2×27×-3.2×30.2×+1.7×
Price / sales4.2×-0.4×4.6×-0.6×5.1×-0.1×5.3×-0.6×5.9×+0.2×
Price / book2.2×-0.2×2.4×-0.3×2.6×-0.1×2.7×-0.3×0.0×
EV / EBITDA14.8×-1.3×16.1×-1.4×17.5×+0.2×17.4×-2.5×19.8×+0.2×
EV / sales3.7×-0.3×4.1×-0.5×4.6×-0.2×4.8×-0.6×5.3×+0.1×
Free cash flow yield5.3%-1.1pp6.3%0.0pp6.3%+0.1pp6.1%+1.1pp5%-0.2pp
Earnings yield4.2%+0.3pp3.9%+0.3pp3.7%0.0pp3.7%+0.4pp3.3%-0.2pp
Dividend yield2.3%+0.2pp2.1%+0.3pp1.8%+0.1pp1.7%+0.2pp1.6%0.0pp

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Questions, answered.

What are Dolby Laboratories, Inc.'s profit margins?
Dolby Laboratories, Inc. (DLB) runs a 87.4% gross margin and a 18.5% operating margin, with a 17.9% net margin.
Where do Dolby Laboratories, Inc.'s ratios come from?
Every ratio is computed from Dolby Laboratories, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.