Dolby Laboratories

DLB Industrials Specialty Business Services

Dolby Laboratories' revenue for fiscal 2025 (year ended September 2025) was $1.3 billion, up 5.92% from fiscal 2024.

Revenue
−3.34%
EPS
−37.5%
Free cash flow
+157.4%

Quarter to June 2026, against a year earlier

64.77 1.45 +2.29%
Market cap
$5.9B
P/E
26.7×
Fwd P/E
20.0×
Dividend yield
2.26%
F-score
6/9
Altman Z
9.17
Beneish M
−2.80
Dividend safety
85/100

Dolby Laboratories (DLB) Free cash flow margin

Alert me on Free cash flow margin

Dolby Laboratories's free cash flow margin over the twelve months to 30 June 2026 was 26.7%, down 5.2 percentage points from fiscal 2025 (31.9%). Over the past ten years it has ranged from 11.8% (fiscal 2015) to 32.0% (fiscal 2021); the current reading is higher than 91% of that period. That is above the Specialty Business Services industry median of 3.00% and above the Industrials sector median of 2.08%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 31.9% 8.55
FY2024 23.3% (2.57)
FY2023 25.9% 5.24
FY2022 20.7% (11.30)
FY2021 32.0% 8.31
FY2020 23.7% 6.41
FY2019 17.3% (8.05)
FY2018 25.3% 0.03
FY2017 25.3% 11.79
FY2016 13.5% 1.69

Against its own ten years

Low 11.8% High 32.0%
Ten-year median 23.7%
Current reading's percentile 91

Free cash flow margin against peers

Company Free cash flow margin
DLB Dolby Laboratories 26.7%
AZZ AZZ Inc. compare 12.4%
FA First Advantage Corporation compare 11.8%
CBZ CBIZ, Inc. compare 9.62%
MMS Maximus, Inc. compare 8.25%
ABM ABM Industries Incorporated compare 3.43%
AMTM Amentum Holdings, Inc. compare 3.35%
UNF Unifirst Corporation compare 2.84%
RTO Rentokil Initial PLC compare 0.00%
Specialty Business Services industry median 3.00%
Industrials sector median 2.08%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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