Dolby Laboratories, Inc. (DLB)
Full history for every metric is available with a Kvantra account
No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 1,162 | 1,281 | 1,254 | 1,300 | 1,274 | 1,349 | 1,354 | 1,420 |
| Operating profit | $m | 265 | 245 | ||||||
| Net profit | $m | 231 | 310 | 184 | 201 | 262 | 255 | 226 | 422 |
| EPS reported | $ | 2.62 | 2.35 | ||||||
| Operating cashflow per share | $ | 4.93 | 4.64 | ||||||
| Capex per share | $ | 0.44 | 0.99 | ||||||
| FCF per share | $ | 4.49 | 3.66 | ||||||
| Free cash flow | $m | 430 | 345 | ||||||
| Net debt | $m | -703 | -670 | ||||||
| Book value equity | $m | 2,623 | 2,584 | ||||||
| Book value per share | $ | 26.90 | 27.33 | ||||||
| Number of shares | m | 97.48 | 94.52 | ||||||
| DPS (TTM paid) | $ | 1.35 | 1.44 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 27.63 | 24.92 | ||||||
| P/B LTM | x | 2.65 | 2.69 | ||||||
| P/S LTM | x | 5.14 | 5.12 | ||||||
| P/FCF LTM | x | 16.13 | 20.14 | ||||||
| EV/EBITDA LTM | x | 16.58 | 16.84 | ||||||
| EV/Sales LTM | x | 4.65 | 3.89 | ||||||
| Earnings Yield LTM | % | +3.62% | +4.01% | ||||||
| FCF Yield | % | +6.20% | +4.96% | ||||||
| Quality | |||||||||
| ROE | % | +9.72% | +8.68% | ||||||
| ROIC | % | +8.00% | +7.35% | ||||||
| Operating margin | % | +19.64% | +18.11% | ||||||
| Gross margin | % | +88.13% | +87.61% | ||||||
| FCF/Sales | % | +31.89% | +25.44% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | -2.60% | -12.64% | ||||||
| Sales Growth YoY | % | +5.92% | +6.33% | ||||||
| Net Income Growth YoY | % | -2.60% | -13.62% | ||||||
| FCF Growth | % | +44.75% | +15.90% | ||||||
| Operating Profit Growth | % | +0.09% | -7.36% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | +1.82% | +2.32% | ||||||
| Dividend Growth | % | +9.76% | +17.07% | ||||||
| Payout Ratio | % | +49.57% | +59.60% | ||||||
| FCF/Debt | x | 11.07 | 7.26 | ||||||
| Net Debt/EBITDA | x | -1.75 | -1.67 | ||||||
| EBIT/Net interest | x | 0.00 | 59.55 | ||||||
| Net debt/market cap | % | 0.00% | 0.00% | ||||||
| Net debt/Equity | x | -0.27 | -0.26 | ||||||
| Gross debt/equity | x | 0.01 | 0.02 | ||||||
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
Dolby Laboratories, Inc. develops pioneering audio and visual technologies designed to enhance entertainment and communication experiences across a broad spectrum of platforms. These include cinematic venues, digital television, various transmission and playback devices, mobile communications, online streaming video and music platforms, and home entertainment systems. The company is actively involved in inventing and licensing its advanced sound technologies. This portfolio features solutions like AAC & HE-AAC, a digital audio codec widely adopted for diverse media applications; AVC, a digital video codec recognized for its efficient bandwidth utilization in various media devices; Dolby AC-4, an innovative digital audio coding standard that introduces new auditory experiences to numerous playback systems; and the immersive Dolby Atmos technology, utilized in both cinemas and a wide array of consumer devices. Additional audio innovations encompass Dolby Digital, which delivers multichannel sound to various applications; Dolby Digital Plus, facilitating audio transmission for a multitude of media uses and devices; and Dolby TrueHD, a digital audio coding technology focused on media content encoding. Its imaging solutions include Dolby Vision, an advanced visual technology for film and media devices; Dolby Voice, specialized for audio conferencing; and HEVC, another digital video codec valued for its bandwidth efficiency in supporting media devices. Beyond its software and licensing activities, Dolby also designs and manufactures tangible products. This range includes digital cinema servers, professional cinema processors, amplifiers, loudspeakers, various hardware components, and video conferencing equipment. These products cater to the film, television, broadcasting, telecommunications, and broader entertainment industries. Furthermore, the corporation offers a variety of services to support theatrical and television production, spanning cinematic exhibition, broadcast operations, and home entertainment solutions. Dolby's diverse client base includes prominent film studios, content creators, post-production facilities, cinema operators, broadcasters, and video game designers. The company distributes its offerings directly to end-users, as well as through a global network of dealers and distributors. Founded in 1965, Dolby Laboratories, Inc. has its main offices located in San Francisco, California.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
No price history available.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
Dolby Laboratories, Inc. develops pioneering audio and visual technologies designed to enhance entertainment and communication experiences across a broad spectrum of platforms. These include cinematic venues, digital television, various transmission and playback devices, mobile communications, online streaming video and music platforms, and home entertainment systems. The company is actively involved in inventing and licensing its advanced sound technologies. This portfolio features solutions like AAC & HE-AAC, a digital audio codec widely adopted for diverse media applications; AVC, a digital video codec recognized for its efficient bandwidth utilization in various media devices; Dolby AC-4, an innovative digital audio coding standard that introduces new auditory experiences to numerous playback systems; and the immersive Dolby Atmos technology, utilized in both cinemas and a wide array of consumer devices. Additional audio innovations encompass Dolby Digital, which delivers multichannel sound to various applications; Dolby Digital Plus, facilitating audio transmission for a multitude of media uses and devices; and Dolby TrueHD, a digital audio coding technology focused on media content encoding. Its imaging solutions include Dolby Vision, an advanced visual technology for film and media devices; Dolby Voice, specialized for audio conferencing; and HEVC, another digital video codec valued for its bandwidth efficiency in supporting media devices. Beyond its software and licensing activities, Dolby also designs and manufactures tangible products. This range includes digital cinema servers, professional cinema processors, amplifiers, loudspeakers, various hardware components, and video conferencing equipment. These products cater to the film, television, broadcasting, telecommunications, and broader entertainment industries. Furthermore, the corporation offers a variety of services to support theatrical and television production, spanning cinematic exhibition, broadcast operations, and home entertainment solutions. Dolby's diverse client base includes prominent film studios, content creators, post-production facilities, cinema operators, broadcasters, and video game designers. The company distributes its offerings directly to end-users, as well as through a global network of dealers and distributors. Founded in 1965, Dolby Laboratories, Inc. has its main offices located in San Francisco, California.
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