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Ticker
DLB

Price
74.36
Stock movement up
+5.00 (7.21%)
Company name
Dolby Laboratories
Exchange
(NYSE
,
Currency
USD
)
Sector
Industrials >
Specialty Business Services
Market cap
4.44B
Ent value
4.51B
Price/Sales
3.49
Price/Book
1.80
Div yield
1.78%
Div growth
10.62%
Growth years
7
FCF payout
38.55%
Trailing P/E
16.97
Forward P/E
19.55
PEG
1.06
EPS growth
8.72%
1 year return
-10.59%
3 year return
-2.16%
5 year return
7.48%
10 year return
6.90%
Last updated: 2025-04-09
We are neutral on Dolby Labs due to limited upside potential despite revenue growth and strong balance sheet in FQ1 2025. Read an analysis of DLB stock here.
February 7, 2025

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DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share1.32
Dividend yield1.78%
Payout frequencyQuarterly
Maximum yield1.90%
Average yield1.31%
Minimum yield0.85%
Discount to avg yield26.19%
Upside potential35.49%
Yield as % of max yield93.27%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield1.78%
Current yield distribution0.40%
Yield at 100% (Min)0.85%
Yield at 90%0.93%
Yield at 80%1.10%
Yield at 50% (Median)1.33%
Yield at 20%1.51%
Yield at 10%1.58%
Yield at 0% (Max)1.90%

Dividend per share

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Dividend per share data
Years of growth7 years
CCC statusDividend Challenger
Dividend per share1.32
Payout frequencyQuarterly
Ex-div date11 Feb 2025
EPS (TTM)2.71
EPS (1y forward)3.80
EPS growth (5y)8.72%
EPS growth (5y forward)16.00%

Dividend growth

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Dividend growth data
DLBS&P500
DGR MR10.00%-13.74%
DGR TTM10.81%6.60%
DGR 3 years8.05%5.24%
DGR 5 years10.62%5.40%
DGR 10 years-7.07%
DGR 15 years-6.12%
Time since last change announced72 days
EPS growth (5y)8.72%
EPS growth (5y forward)16.00%

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM43.76%38.55%
Average--
Forward34.71%-
Dolby Laboratories, Inc. (NYSE:DLB) Q1 2025 Earnings Conference Call January 29, 2024 5:00 PM ETCompany ParticipantsPeter Goldmacher - VP, IRKevin Yeaman -...
January 30, 2025

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iO Charts is a Seeking Alpha partner

VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E16.97
Price to OCF13.58
Price to FCF14.95
Price to EBITDA33.79
EV to EBITDA34.29

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales3.49
Price to Book1.80
EV to Sales3.54

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FINANCIALS

Per share

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Per share data
Current share count59.77M
EPS (TTM)2.71
FCF per share (TTM)3.08

Income statement

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Income statement data
Revenue (TTM)1.27B
Gross profit (TTM)1.13B
Operating income (TTM)257.04M
Net income (TTM)261.82M
EPS (TTM)2.71
EPS (1y forward)3.80

Margins

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Margins data
Gross margin (TTM)88.97%
Operating margin (TTM)20.18%
Profit margin (TTM)20.56%

Balance Sheet

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Balance Sheet data
Cash577.75M
Net receivables512.94M
Total current assets1.19B
Goodwill967.72M
Intangible assets434.51M
Property, plant and equipment1.14B
Total assets3.11B
Accounts payable17.38M
Short/Current long term debt46.99M
Total current liabilities417.84M
Total liabilities643.72M
Shareholder's equity2.47B
Net tangible assets0.00

Cash flow

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Cash flow data
Operating cash flow (TTM)327.25M
Capital expenditures (TTM)30.01M
Free cash flow (TTM)297.25M
Dividends paid (TTM)114.58M

Financial returns

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Financial returns data
Return on Equity10.62%
Return on Assets8.42%
Return on Invested Capital10.56%
Cash Return on Invested Capital11.99%

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Dolby Laboratories, Inc. (NYSE:DLB) Q4 2024 Earnings Conference Call November 19, 2024 5:00 PM ETCompany ParticipantsPeter Goldmacher - VP, IRKevin Yeaman -...
November 19, 2024

iO Charts is a Seeking Alpha partner

STOCK INFORMATION

Stock chart

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Stock price data
Open68.91
Daily high74.68
Daily low68.24
Daily Volume455K
All-time high103.53
1y analyst estimate100.00
Beta0.98
EPS (TTM)2.71
Dividend per share1.32
Ex-div date11 Feb 2025
Next earnings date30 Apr 2025

Downside potential

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Downside potential data
DLBS&P500
Current price drop from All-time high-28.18%-10.49%
Highest price drop-62.19%-56.47%
Date of highest drop3 Oct 20119 Mar 2009
Avg drop from high-24.54%-11.07%
Avg time to new high52 days12 days
Max time to new high1816 days1805 days

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COMPANY DETAILS
DLB (Dolby Laboratories) company logo
Marketcap
4.44B
Marketcap category
Mid-cap
Description
Dolby Laboratories, Inc. creates audio and imaging technologies that transform entertainment at the cinema, DTV transmissions and devices, mobile devices, OTT video and music services, home entertainment devices, and automobiles. The company develops and licenses its audio technologies, such as AAC & HE-AAC, a digital audio codec solution used for a range of media applications; AVC, a digital video codec with high bandwidth efficiency used in various media devices; Dolby AC-4, a digital audio coding technology that delivers new audio experiences to a range of playback devices; and Dolby Atmos technology for cinema and various media devices. Its audio technologies also include DD, a digital audio coding technology that provides multichannel sound to applications; DD+, a digital audio coding technology that offers audio transmission for a range of media applications and devices; Dolby TrueHD, a digital audio coding technology providing encoding for media application; Dolby Vision, an imaging technology for cinema and media devices; and HEVC, a digital video codec with high bandwidth efficiency for media devices. In addition, the company offers digital cinema servers, cinema processors, amplifiers, loudspeakers, and audio and imaging hardware and software products for the cinema, television, broadcast, communication, and entertainment industries. Further, it provides 3-D glasses and kits; and various services to support theatrical and television production for cinema exhibition, broadcast, and home entertainment. The company serves film studios, content creators, post-production facilities, cinema operators, broadcasters, and video game designers. It sells its products directly to the end users, as well as through dealers and distributors worldwide. Dolby Laboratories, Inc. was founded in 1965 and is headquartered in San Francisco, California.
Employees
2246
Investor relations
SEC filings
CEO
Kevin J. Yeaman
Country
USA
City
San Francisco
Stock type
Common stock
CCC status
Dividend Challenger
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
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November 16, 2024

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UNDERSTAND THE BUSINESS
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COMPANY NEWS