Dolby Financial Statements From 2010 to 2024

DLB Stock  USD 79.58  0.42  0.53%   
Dolby Laboratories financial statements provide useful quarterly and yearly information to potential Dolby Laboratories investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Dolby Laboratories financial statements helps investors assess Dolby Laboratories' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Dolby Laboratories' valuation are summarized below:
Gross Profit
1.1 B
Profit Margin
0.147
Market Capitalization
7.6 B
Enterprise Value Revenue
5.3999
Revenue
1.3 B
We have found one hundred twenty available fundamental signals for Dolby Laboratories, which can be analyzed and compared to other ratios and to its rivals. All investors should make sure to verify all of Dolby Laboratories prevailing market performance against the performance between 2010 and 2024 to make sure the company can sustain itself down the road.

Dolby Laboratories Total Revenue

837.93 Million

Check Dolby Laboratories financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dolby main balance sheet or income statement drivers, such as Interest Expense of 137.7 K, Total Revenue of 837.9 M or Gross Profit of 771.3 M, as well as many exotic indicators such as Price To Sales Ratio of 7.18, Dividend Yield of 0.0222 or PTB Ratio of 2.76. Dolby financial statements analysis is a perfect complement when working with Dolby Laboratories Valuation or Volatility modules.
  
This module can also supplement Dolby Laboratories' financial leverage analysis and stock options assessment as well as various Dolby Laboratories Technical models . Check out the analysis of Dolby Laboratories Correlation against competitors.
For information on how to trade Dolby Stock refer to our How to Trade Dolby Stock guide.

Dolby Laboratories Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total AssetsB3.4 B2.4 B
Slightly volatile
Total Stockholder Equity1.6 B2.7 BB
Slightly volatile
Cash591.4 M857.2 M669.3 M
Slightly volatile
Cash And Short Term Investments756.2 MB817.2 M
Slightly volatile
Common Stock Shares Outstanding113.8 M112.2 M103.5 M
Slightly volatile
Liabilities And Stockholders EquityB3.4 B2.4 B
Slightly volatile
Total Current AssetsB1.7 B1.1 B
Slightly volatile
Short and Long Term Debt Total33.9 M58.2 M67.4 M
Pretty Stable
Other Current Liabilities430.1 M409.6 M228 M
Slightly volatile
Total Current Liabilities509.8 M485.6 M273 M
Slightly volatile
Other Liabilities93.7 M170.6 M120.4 M
Slightly volatile
Property Plant And Equipment Net326.9 M600 M431 M
Slightly volatile
Current Deferred Revenue20.5 M36.2 M20.7 M
Slightly volatile
Retained Earnings1.6 B2.8 BB
Slightly volatile
Accounts Payable24.1 M18.8 M16.6 M
Slightly volatile
Non Current Assets Total997.2 M1.7 B1.2 B
Slightly volatile
Non Currrent Assets Other114.3 M108.9 M51.2 M
Slightly volatile
Other Assets358.1 M341 M182.8 M
Slightly volatile
Net Receivables536.6 M511 M245.6 M
Slightly volatile
Good Will281.3 M469.7 M331.6 M
Slightly volatile
Common Stock Total Equity109.1 K108.1 K99.6 K
Slightly volatile
Non Current Liabilities Total109.4 M213.2 M137.5 M
Slightly volatile
Inventory43 M41 M22.2 M
Slightly volatile
Other Current Assets45.6 M45.6 M37.1 M
Slightly volatile
Total Liabilities733.7 M698.7 M418.1 M
Slightly volatile
Property Plant And Equipment Gross326.9 M600 M431 M
Slightly volatile
Intangible Assets106.4 M192.5 M128.5 M
Slightly volatile
Common Stock81.5 K84.6 K96.7 K
Slightly volatile
Property Plant Equipment319.4 M600 M421 M
Slightly volatile
Short Term Investments138.8 M125.2 M143.9 M
Pretty Stable
Net Tangible Assets1.7 BB1.6 B
Slightly volatile
Retained Earnings Total Equity2.1 B2.6 BB
Slightly volatile
Deferred Long Term Liabilities29.7 M46.1 M33.5 M
Slightly volatile
Long Term Investments83.6 M88 M202.6 M
Slightly volatile
Non Current Liabilities Other87.1 M124.6 M86.5 M
Slightly volatile
Deferred Long Term Asset Charges230.5 M219.6 M141.8 M
Slightly volatile
Cash And Equivalents907.6 M713.1 M706.5 M
Slightly volatile
Net Invested Capital2.6 B2.7 B2.3 B
Slightly volatile
Net Working Capital1.2 B1.2 B981.5 M
Slightly volatile
Capital Stock78.4 K84.6 K97.7 K
Slightly volatile
Capital Lease Obligations51 M45.6 M72.1 M
Slightly volatile

Dolby Laboratories Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Revenue837.9 M1.2 B828.6 M
Slightly volatile
Gross Profit771.3 MB960.4 M
Slightly volatile
Other Operating Expenses615.8 M889.5 M760.5 M
Slightly volatile
Operating Income248.8 M252.1 M255.5 M
Pretty Stable
EBIT250.7 M252.1 M248.1 M
Pretty Stable
Research Development151.2 M231.3 M213.2 M
Slightly volatile
EBITDA310.5 M252.1 M317.1 M
Pretty Stable
Cost Of Revenue107.9 M134.6 M111.3 M
Slightly volatile
Total Operating Expenses506.6 M754.9 M647.2 M
Slightly volatile
Net Income189 M220.2 M206.3 M
Pretty Stable
Depreciation And Amortization148.9 M141.8 M98.4 M
Slightly volatile
Net Income Applicable To Common Shares201.3 M230.8 M194.3 M
Slightly volatile
Selling And Marketing Expenses295.5 M303 M280.6 M
Slightly volatile
Net Income From Continuing Ops179.6 M181.5 M212.9 M
Pretty Stable
Non Operating Income Net Other12 M10.4 M12.2 M
Pretty Stable
Interest Income12.9 M25.7 M10.7 M
Slightly volatile
Net Interest Income33.9 M32.3 M13.5 M
Slightly volatile
Reconciled Depreciation102.7 M109.8 M91.5 M
Slightly volatile

Dolby Laboratories Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow232.8 M298.9 M230.6 M
Slightly volatile
Begin Period Cash Flow582.9 M722.6 M699.7 M
Slightly volatile
Capital Expenditures24.2 M25.5 M86 M
Slightly volatile
Total Cash From Operating Activities311.9 M324.4 M346.1 M
Slightly volatile
Net Income206.8 M220.5 M208.3 M
Pretty Stable
End Period Cash Flow623.1 M919 M730.4 M
Slightly volatile
Change To Netincome136.3 M129.8 M72.8 M
Slightly volatile
Stock Based Compensation62.8 M103.8 M73.1 M
Slightly volatile
Issuance Of Capital Stock63.2 M43 M88.2 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio7.185.19577.203
Slightly volatile
Dividend Yield0.02220.01540.0106
Slightly volatile
PTB Ratio2.762.90023.5207
Slightly volatile
Days Sales Outstanding128122118
Slightly volatile
Book Value Per Share11.5222.464123.5381
Pretty Stable
Free Cash Flow Yield0.0510.03980.0414
Very volatile
Invested Capital0.02150.02270.0262
Slightly volatile
Operating Cash Flow Per Share2.163.18613.8912
Slightly volatile
Stock Based Compensation To Revenue0.0470.09170.075
Slightly volatile
PB Ratio2.762.90023.5207
Slightly volatile
EV To Sales6.24.74176.3761
Slightly volatile
Free Cash Flow Per Share1.632.59153.4042
Slightly volatile
ROIC0.140.07680.1186
Slightly volatile
Inventory Turnover7.586.00289.5591
Slightly volatile
Net Income Per Share1.311.84112.687
Slightly volatile
Days Of Inventory On Hand50.0360.804947.9563
Slightly volatile
Payables Turnover8.239.97536.8942
Slightly volatile
Sales General And Administrative To Revenue0.140.21960.1746
Slightly volatile
Research And Ddevelopement To Revenue0.120.20830.188
Very volatile
Cash Per Share5.318.094210.9521
Slightly volatile
POCF Ratio21.8520.448321.7675
Slightly volatile
Payout Ratio0.550.54360.3269
Slightly volatile
PFCF Ratio28.9725.140324.979
Slightly volatile
Days Payables Outstanding34.7636.590474.0924
Slightly volatile
Income Quality1.221.73241.4093
Slightly volatile
ROE0.150.0820.1186
Slightly volatile
EV To Operating Cash Flow19.6418.661719.3444
Slightly volatile
PE Ratio37.1635.387331.8791
Slightly volatile
Return On Tangible Assets0.140.08320.1175
Slightly volatile
EV To Free Cash Flow25.9922.943722.1967
Slightly volatile
Earnings Yield0.03060.02830.0321
Slightly volatile
Intangibles To Total Assets0.130.17750.1587
Very volatile
Current Ratio3.884.72365.1874
Slightly volatile
Tangible Book Value Per Share9.0617.737919.0734
Pretty Stable
Receivables Turnover2.842.98753.8837
Slightly volatile
Graham Number18.5630.504837.5744
Slightly volatile
Shareholders Equity Per Share11.5222.464123.5381
Pretty Stable
Debt To Equity0.02150.02270.0262
Slightly volatile
Graham Net Net3.946.97429.1164
Slightly volatile
Revenue Per Share13.1712.539212.1021
Pretty Stable
Interest Debt Per Share0.540.51340.6192
Very volatile
Debt To Assets0.02840.01890.0225
Pretty Stable
Enterprise Value Over EBITDA26.6518.020819.8717
Slightly volatile
Short Term Coverage Ratios22.8324.030827.2011
Slightly volatile
Price Earnings Ratio37.1635.387331.8791
Slightly volatile
Operating Cycle192183167
Slightly volatile
Price Book Value Ratio2.762.90023.5207
Slightly volatile
Days Of Payables Outstanding34.7636.590474.0924
Slightly volatile
Dividend Payout Ratio0.550.54360.3269
Slightly volatile
Price To Operating Cash Flows Ratio21.8520.448321.7675
Slightly volatile
Price To Free Cash Flows Ratio28.9725.140324.979
Slightly volatile
Pretax Profit Margin0.320.17170.2807
Slightly volatile
Ebt Per Ebit0.781.0421.0222
Pretty Stable
Operating Profit Margin0.30.16480.2702
Slightly volatile
Company Equity Multiplier1.441.19741.2178
Slightly volatile
Long Term Debt To Capitalization0.01570.01650.0199
Slightly volatile
Total Debt To Capitalization0.04160.02220.0269
Very volatile
Return On Capital Employed0.08140.08570.1234
Slightly volatile
Debt Equity Ratio0.02150.02270.0262
Slightly volatile
Ebit Per Revenue0.30.16480.2702
Slightly volatile
Quick Ratio3.424.42864.8515
Slightly volatile
Net Income Per E B T0.580.85510.8282
Pretty Stable
Cash Ratio2.32.23453.3447
Slightly volatile
Operating Cash Flow Sales Ratio0.260.25410.3282
Slightly volatile
Days Of Inventory Outstanding50.0360.804947.9563
Slightly volatile
Days Of Sales Outstanding128122118
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.850.81340.8782
Pretty Stable
Cash Flow Coverage Ratios9.026.25376.3138
Slightly volatile
Price To Book Ratio2.762.90023.5207
Slightly volatile
Fixed Asset Turnover2.132.23892.6229
Slightly volatile
Price Cash Flow Ratio21.8520.448321.7675
Slightly volatile
Enterprise Value Multiple26.6518.020819.8717
Slightly volatile
Debt Ratio0.02840.01890.0225
Pretty Stable
Cash Flow To Debt Ratio9.026.25376.3138
Slightly volatile
Price Sales Ratio7.185.19577.203
Slightly volatile
Return On Assets0.120.06840.0988
Slightly volatile
Asset Turnover0.610.46620.4279
Very volatile
Net Profit Margin0.160.14680.2276
Slightly volatile
Gross Profit Margin0.670.88730.8778
Slightly volatile
Price Fair Value2.762.90023.5207
Slightly volatile
Return On Equity0.150.0820.1186
Slightly volatile

Dolby Laboratories Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap4.5 B6.5 B6.6 B
Very volatile
Enterprise ValueB5.9 B5.7 B
Pretty Stable

Dolby Fundamental Market Drivers

Forward Price Earnings22.8311
Cash And Short Term Investments884.5 M

Dolby Upcoming Events

1st of February 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
21st of November 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
30th of September 2023
Last Financial Announcement
View

About Dolby Laboratories Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Dolby Laboratories income statement, its balance sheet, and the statement of cash flows. Dolby Laboratories investors use historical funamental indicators, such as Dolby Laboratories's revenue or net income, to determine how well the company is positioned to perform in the future. Although Dolby Laboratories investors may use each financial statement separately, they are all related. The changes in Dolby Laboratories's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Dolby Laboratories's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Dolby Laboratories Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Dolby Laboratories. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue36.2 M20.5 M
Total Revenue1.2 B837.9 M
Cost Of Revenue134.6 M107.9 M
Stock Based Compensation To Revenue 0.09  0.05 
Sales General And Administrative To Revenue 0.22  0.14 
Research And Ddevelopement To Revenue 0.21  0.12 
Capex To Revenue(0.05)(0.05)
Revenue Per Share 12.54  13.17 
Ebit Per Revenue 0.16  0.30 

Dolby Laboratories Investors Sentiment

The influence of Dolby Laboratories' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Dolby. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Dolby Laboratories' public news can be used to forecast risks associated with an investment in Dolby. The trend in average sentiment can be used to explain how an investor holding Dolby can time the market purely based on public headlines and social activities around Dolby Laboratories. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Dolby Laboratories' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Dolby Laboratories' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Dolby Laboratories' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Dolby Laboratories.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Dolby Laboratories in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Dolby Laboratories' short interest history, or implied volatility extrapolated from Dolby Laboratories options trading.

Pair Trading with Dolby Laboratories

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dolby Laboratories position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dolby Laboratories will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Dolby Laboratories could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dolby Laboratories when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dolby Laboratories - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dolby Laboratories to buy it.
The correlation of Dolby Laboratories is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dolby Laboratories moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dolby Laboratories moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dolby Laboratories can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Dolby Laboratories offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dolby Laboratories' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dolby Laboratories Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dolby Laboratories Stock:
Check out the analysis of Dolby Laboratories Correlation against competitors.
For information on how to trade Dolby Stock refer to our How to Trade Dolby Stock guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Complementary Tools for Dolby Stock analysis

When running Dolby Laboratories' price analysis, check to measure Dolby Laboratories' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dolby Laboratories is operating at the current time. Most of Dolby Laboratories' value examination focuses on studying past and present price action to predict the probability of Dolby Laboratories' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dolby Laboratories' price. Additionally, you may evaluate how the addition of Dolby Laboratories to your portfolios can decrease your overall portfolio volatility.
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Is Dolby Laboratories' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dolby Laboratories. If investors know Dolby will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dolby Laboratories listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.16)
Dividend Share
1.14
Earnings Share
1.92
Revenue Per Share
13.388
Quarterly Revenue Growth
(0.06)
The market value of Dolby Laboratories is measured differently than its book value, which is the value of Dolby that is recorded on the company's balance sheet. Investors also form their own opinion of Dolby Laboratories' value that differs from its market value or its book value, called intrinsic value, which is Dolby Laboratories' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dolby Laboratories' market value can be influenced by many factors that don't directly affect Dolby Laboratories' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dolby Laboratories' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dolby Laboratories is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dolby Laboratories' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.