Dolby Laboratories, Inc. (DLB)
NYSE: DLB · Real-Time Price · USD
81.57
-0.75 (-0.91%)
Feb 21, 2025, 4:00 PM EST - Market closed

Dolby Laboratories Statistics

Total Valuation

DLB has a market cap or net worth of $7.86 billion. The enterprise value is $7.39 billion.

Market Cap 7.86B
Enterprise Value 7.39B

Important Dates

The last earnings date was Wednesday, January 29, 2025, after market close.

Earnings Date Jan 29, 2025
Ex-Dividend Date Feb 11, 2025

Share Statistics

DLB has 96.38 million shares outstanding. The number of shares has decreased by -0.59% in one year.

Current Share Class 61.21M
Shares Outstanding 96.38M
Shares Change (YoY) -0.59%
Shares Change (QoQ) +0.57%
Owned by Insiders (%) 0.60%
Owned by Institutions (%) 57.94%
Float 60.48M

Valuation Ratios

The trailing PE ratio is 30.21 and the forward PE ratio is 19.35.

PE Ratio 30.21
Forward PE 19.35
PS Ratio 5.93
Forward PS 5.67
PB Ratio 3.13
P/TBV Ratio 5.02
P/FCF Ratio 19.91
P/OCF Ratio 18.47
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 20.66, with an EV/FCF ratio of 18.70.

EV / Earnings 28.12
EV / Sales 5.62
EV / EBITDA 20.66
EV / EBIT 26.61
EV / FCF 18.70

Financial Position

The company has a current ratio of 2.91, with a Debt / Equity ratio of 0.02.

Current Ratio 2.91
Quick Ratio 2.45
Debt / Equity 0.02
Debt / EBITDA 0.12
Debt / FCF 0.11
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 10.85% and return on invested capital (ROIC) is 6.98%.

Return on Equity (ROE) 10.85%
Return on Assets (ROA) 5.69%
Return on Invested Capital (ROIC) 6.98%
Return on Capital Employed (ROCE) 10.21%
Revenue Per Employee $632,282
Profits Per Employee $126,282
Employee Count 2,080
Asset Turnover 0.43
Inventory Turnover 4.30

Taxes

In the past 12 months, DLB has paid $52.89 million in taxes.

Income Tax 52.89M
Effective Tax Rate 16.65%

Stock Price Statistics

The stock price has increased by +4.16% in the last 52 weeks. The beta is 0.98, so DLB's price volatility has been similar to the market average.

Beta (5Y) 0.98
52-Week Price Change +4.16%
50-Day Moving Average 80.61
200-Day Moving Average 77.37
Relative Strength Index (RSI) 46.60
Average Volume (20 Days) 507,814

Short Selling Information

The latest short interest is 730,061, so 0.76% of the outstanding shares have been sold short.

Short Interest 730,061
Short Previous Month 748,642
Short % of Shares Out 0.76%
Short % of Float 1.21%
Short Ratio (days to cover) 1.53

Income Statement

In the last 12 months, DLB had revenue of $1.32 billion and earned $262.67 million in profits. Earnings per share was $2.70.

Revenue 1.32B
Gross Profit 1.17B
Operating Income 277.49M
Pretax Income 258.86M
Net Income 262.67M
EBITDA 357.54M
EBIT 277.49M
Earnings Per Share (EPS) $2.70
Full Income Statement

Balance Sheet

The company has $520.82 million in cash and $44.45 million in debt, giving a net cash position of $476.38 million or $4.94 per share.

Cash & Cash Equivalents 520.82M
Total Debt 44.45M
Net Cash 476.38M
Net Cash Per Share $4.94
Equity (Book Value) 2.52B
Book Value Per Share 26.03
Working Capital 843.92M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $425.62 million and capital expenditures -$30.69 million, giving a free cash flow of $394.94 million.

Operating Cash Flow 425.62M
Capital Expenditures -30.69M
Free Cash Flow 394.94M
FCF Per Share $4.10
Full Cash Flow Statement

Margins

Gross margin is 88.65%, with operating and profit margins of 21.10% and 19.97%.

Gross Margin 88.65%
Operating Margin 21.10%
Pretax Margin 24.16%
Profit Margin 19.97%
EBITDA Margin 27.19%
EBIT Margin 21.10%
FCF Margin 30.03%

Dividends & Yields

This stock pays an annual dividend of $1.32, which amounts to a dividend yield of 1.62%.

Dividend Per Share $1.32
Dividend Yield 1.62%
Dividend Growth (YoY) 10.53%
Years of Dividend Growth 10
Payout Ratio 48.89%
Buyback Yield 0.59%
Shareholder Yield 2.21%
Earnings Yield 3.34%
FCF Yield 5.02%
Dividend Details

Analyst Forecast

The average price target for DLB is $99.50, which is 21.98% higher than the current price. The consensus rating is "Strong Buy".

Price Target $99.50
Price Target Difference 21.98%
Analyst Consensus Strong Buy
Analyst Count 4
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

DLB has an Altman Z-Score of 9.16 and a Piotroski F-Score of 5.

Altman Z-Score 9.16
Piotroski F-Score 5