dolby laboratories inc - DLB

DLB

Close Chg Chg %
80.33 0.01 0.01%

Closed Market

80.34

+0.01 (0.01%)

Volume: 464.85K

Last Updated:

Nov 26, 2024, 3:59 PM EDT

Company Overview: dolby laboratories inc - DLB

DLB Key Data

Open

$80.26

Day Range

79.69 - 81.20

52 Week Range

66.35 - 90.06

Market Cap

$7.66B

Shares Outstanding

95.44M

Public Float

58.76M

Beta

0.98

Rev. Per Employee

N/A

P/E Ratio

29.85

EPS

$2.74

Yield

149.44%

Dividend

$0.33

EX-DIVIDEND DATE

Dec 3, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

436.91K

 

DLB Performance

1 Week
 
-0.27%
 
1 Month
 
10.36%
 
3 Months
 
12.57%
 
1 Year
 
-7.09%
 
5 Years
 
16.62%
 

DLB Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 5
Full Ratings ➔

About dolby laboratories inc - DLB

Dolby Laboratories, Inc. engages in the provision of audio and imaging technologies. It operates through the United States and International geographical segments. The company was founded by Ray Milton Dolby in 1965 and is headquartered in San Francisco, CA.

DLB At a Glance

Dolby Laboratories, Inc.
1275 Market Street
San Francisco, California 94103-1410
Phone 1-415-558-0200 Revenue 1.27B
Industry Packaged Software Net Income 261.83M
Sector Technology Services Employees 2,080
Fiscal Year-end 09 / 2025
View SEC Filings

DLB Valuation

P/E Current 29.849
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 28.106
Price to Sales Ratio 5.777
Price to Book Ratio 2.912
Price to Cash Flow Ratio 22.487
Enterprise Value to EBITDA 19.423
Enterprise Value to Sales 5.368
Total Debt to Enterprise Value 0.007

DLB Efficiency

Revenue/Employee 612,365.865
Income Per Employee 125,877.404
Receivables Turnover 2.483
Total Asset Turnover 0.416

DLB Liquidity

Current Ratio 2.859
Quick Ratio 2.778
Cash Ratio 1.383

DLB Profitability

Gross Margin 88.97
Operating Margin 20.782
Pretax Margin 24.533
Net Margin 20.556
Return on Assets 8.549
Return on Equity 10.837
Return on Total Capital 10.373
Return on Invested Capital 10.678

DLB Capital Structure

Total Debt to Total Equity 1.897
Total Debt to Total Capital 1.862
Total Debt to Total Assets 1.501
Long-Term Debt to Equity 1.403
Long-Term Debt to Total Capital 1.377
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Dolby Laboratories Inc - DLB

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
1.28B 1.25B 1.30B 1.27B
Sales Growth
+10.28% -2.14% +3.66% -2.00%
Cost of Goods Sold (COGS) incl D&A
130.03M 141.36M 152.57M 140.50M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
95.86M 103.61M 95.51M 87.33M
Depreciation
66.36M 74.61M 66.91M 54.13M
Amortization of Intangibles
29.50M 29.00M 28.60M 33.20M
COGS Growth
-11.24% +8.72% +7.93% -7.91%
Gross Income
1.15B 1.11B 1.15B 1.13B
Gross Income Growth
+13.39% -3.37% +3.12% -1.22%
Gross Profit Margin
+89.85% +88.73% +88.26% +88.97%
2021 2022 2023 2024 5-year trend
SG&A Expense
810.47M 895.21M 884.36M 868.51M
Research & Development
253.64M 261.17M 271.52M 263.66M
Other SG&A
556.83M 634.03M 612.84M 604.85M
SGA Growth
+1.98% +10.45% -1.21% -1.79%
Other Operating Expense
- - - -
-
Unusual Expense
10.24M 10.62M 47.06M 6.38M
EBIT after Unusual Expense
330.52M 206.61M 215.75M 258.33M
Non Operating Income/Expense
23.99M 8.67M 34.30M 54.15M
Non-Operating Interest Income
3.49M 6.57M 28.09M 34.08M
Equity in Earnings of Affiliates
- - 5.10M 14.20M
-
Interest Expense
- - - -
-
Interest Expense Growth
- - - -
-
Gross Interest Expense
- - - -
-
Interest Capitalized
- - - -
-
Pretax Income
354.51M 215.28M 250.05M 312.48M
Pretax Income Growth
+47.89% -39.27% +16.15% +24.97%
Pretax Margin
+27.67% +17.17% +19.24% +24.53%
Income Tax
36.69M 31.38M 48.41M 48.16M
Income Tax - Current - Domestic
8.17M 2.56M (30.00K) 1.83M
Income Tax - Current - Foreign
65.57M 58.28M 66.78M 68.01M
Income Tax - Deferred - Domestic
(36.10M) (29.98M) (17.30M) (21.31M)
Income Tax - Deferred - Foreign
(950.00K) 517.00K (1.03M) (362.00K)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - 5.10M 14.20M
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
317.82M 183.90M 201.64M 264.32M
Minority Interest Expense
7.60M (189.00K) 988.00K 2.49M
Net Income
310.23M 184.09M 200.66M 261.82M
Net Income Growth
+34.09% -40.66% +9.00% +30.48%
Net Margin Growth
+24.21% +14.68% +15.44% +20.56%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
310.23M 184.09M 200.66M 261.82M
Preferred Dividends
- - - -
-
Net Income Available to Common
310.23M 184.09M 200.66M 261.82M
EPS (Basic)
3.0658 1.841 2.0952 2.7404
EPS (Basic) Growth
+33.26% -39.95% +13.81% +30.79%
Basic Shares Outstanding
101.19M 99.99M 95.77M 95.54M
EPS (Diluted)
2.9652 1.8051 2.0531 2.6902
EPS (Diluted) Growth
+31.93% -39.12% +13.74% +31.03%
Diluted Shares Outstanding
104.62M 101.98M 97.73M 97.33M
EBITDA
436.62M 320.84M 358.33M 352.04M
EBITDA Growth
+40.19% -26.52% +11.69% -1.76%
EBITDA Margin
+34.08% +25.59% +27.57% +27.64%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 99.00
Number of Ratings 5 Current Quarters Estimate 0.605
FY Report Date 12 / 2024 Current Year's Estimate 2.52
Last Quarter’s Earnings 0.61 Median PE on CY Estimate N/A
Year Ago Earnings 2.69 Next Fiscal Year Estimate 2.87
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 2 2 2 1
Mean Estimate 0.61 0.98 2.52 2.87
High Estimates 0.62 1.11 2.56 2.87
Low Estimate 0.59 0.84 2.48 2.87
Coefficient of Variance 3.51 19.58 2.24 N/A

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 3 3 3
OVERWEIGHT 0 0 0
HOLD 2 2 1
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Dolby Laboratories Inc - DLB

Date Name Shares Transaction Value
Jun 26, 2024 Kevin J. Yeaman President and CEO; Director 3 Open market or private purchase of non-derivative security Non-derivative transaction at $78.15 per share 234.45
May 31, 2024 Mark Andrew Sherman EVP, Gen. Counsel & Secretary 58,325 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $79.62 per share 4,643,836.50
May 31, 2024 Mark Andrew Sherman EVP, Gen. Counsel & Secretary N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 31, 2024 Mark Andrew Sherman EVP, Gen. Counsel & Secretary 60,608 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $62.32 per share 3,777,090.56
Mar 6, 2024 Emily Rollins Director 7,493 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $80.88 per share 606,033.84
Feb 15, 2024 Kevin J. Yeaman President and CEO; Director 81,884 Bona fide gift 0.00
Feb 13, 2024 John Couling SVP, Entertainment N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 13, 2024 John Couling SVP, Entertainment N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 13, 2024 John Couling SVP, Entertainment 12,440 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 13, 2024 John Couling SVP, Entertainment 108,519 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $80.81 per share 8,769,420.39
Feb 13, 2024 John Couling SVP, Entertainment 142,079 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $62.32 per share 8,854,363.28
Feb 13, 2024 John Couling SVP, Entertainment 120,959 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $42.98 per share 5,198,817.82
Feb 13, 2024 John Couling SVP, Entertainment 108,519 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $80 per share 8,681,520.00
Feb 13, 2024 John Couling SVP, Entertainment 158,519 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $42.98 per share 6,813,146.62
Feb 9, 2024 Anjali Sud Director 9,031 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 9, 2024 Tony A. Prophet Director 9,267 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 9, 2024 Dave Dolby Director 85,670 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 9, 2024 Simon Anthony Segars Director 40,102 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 9, 2024 Avadis Tevanian Director 2,952 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 9, 2024 Peter C. Gotcher Director 43,672 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

Dolby Laboratories Inc in the News