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Dolby Laboratories, Inc. DLB Ratios & Valuation

Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25
Profitability
Gross margin87.4%-1.5pp87.9%-0.8pp88.1%-0.8pp88.5%-0.2pp88.9%+0.6pp
Operating margin18.5%-2.0pp18.5%-2.2pp19.6%-0.6pp20.9%+4.1pp20.5%+5.5pp
Net margin17.9%-1.6pp18%-2.0pp18.9%-1.7pp19.6%+2.8pp19.4%+4.4pp
EBITDA margin25.2%-1.6pp25.2%-1.6pp26.1%-0.1pp27.4%+4.6pp26.8%+5.6pp
Free cash flow margin22.1%-7.5pp28.8%-1.2pp32.3%+9.0pp32.5%+11.5pp29.6%+0.8pp
Returns
Return on equity9.4%-0.9pp9.4%-1.4pp10%-0.8pp10.5%+1.6pp10.3%+2.3pp
Return on assets7.5%-0.7pp7.6%-1.0pp8%-0.6pp8.6%+1.5pp8.2%+1.7pp
Return on invested capital13.1%+0.4pp12.9%0.0pp13.9%+1.3pp13.4%+3.1pp12.7%+3.8pp
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×+1.0×5.2×+0.9×+0.9×4.6×+0.4×4.2×-0.3×
Liquidity
Current ratio-0.1×3.2×+0.3×3.2×+0.3×3.4×-0.7×-0.5×
Quick ratio2.9×0.0×3.1×+0.3×3.1×+0.3×3.4×-0.7×-0.5×
Cash ratio1.4×-0.2×1.6×+0.3×1.8×+0.4×1.9×-0.1×1.6×0.0×
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×-0.4×-2.1×-0.5×-1.9×+0.5×-2×+0.4×
Per Share
Book value per share$27.41+3.8%$26.87+4.1%$26.90+5.7%$26.88+7.1%$26.40+5.6%
Valuation
Market capitalization$5.74B-25.9%$6.12B-18.1%$6.94B-4.9%$7.12B-6.2%$7.74B-3.3%
Enterprise value$5.11B-27.3%$5.43B-21.3%$6.18B-8.6%$6.41B-7.1%$7.03B-4.3%
Price / earnings23.6×-6.6×25.4×-3.0×27.2×-0.7×27×-8.8×30.2×-11.9×
Price / sales4.2×-1.7×4.6×-1.1×5.1×-0.6×5.3×-0.7×5.9×-0.4×
Price / book2.2×-0.8×2.4×-0.6×2.6×-0.3×2.7×-0.4×-0.3×
EV / EBITDA14.8×-5.0×16.1×-3.5×17.5×-2.7×17.4×-6.6×19.8×-7.5×
EV / sales3.7×-1.6×4.1×-1.2×4.6×-0.7×4.8×-0.7×5.3×-0.5×
Free cash flow yield5.3%+0.2pp6.3%+1.0pp6.3%+2.2pp6.1%+2.7pp5%+0.5pp
Earnings yield4.2%+0.9pp3.9%+0.4pp3.7%+0.1pp3.7%+0.9pp3.3%+0.9pp
Dividend yield2.3%+0.7pp2.1%+0.5pp1.8%+0.3pp1.7%+0.3pp1.6%+0.2pp

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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.