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) Operating margin

Alert me on Operating margin

Dolby Laboratories's operating margin over the twelve months to 30 June 2026 was 17.7%, down 2.0 percentage points from fiscal 2025 (19.6%). Over the past ten years it has ranged from 16.5% (fiscal 2022) to 26.9% (fiscal 2021); the current reading is higher than 45% of that period. That is above the Specialty Business Services industry median of 3.53% and above the Industrials sector median of 5.12%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 19.6% (0.64)
FY2024 20.3% 3.68
FY2023 16.6% 0.12
FY2022 16.5% (10.40)
FY2021 26.9% 8.05
FY2020 18.8% (1.87)
FY2019 20.7% 3.30
FY2018 17.4% (5.48)
FY2017 22.9% 0.28
FY2016 22.6% 0.63

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 11.3% (17.30)
Mar 2026 28.6% 10.62
Dec 2025 17.9% 8.26
Sep 2025 9.67% (5.43)
42 more quarters

Against its own ten years

Low 16.5% High 26.9%
Ten-year median 20.3%
Current reading's percentile 26

Operating margin against peers

Company Operating margin
DLB Dolby Laboratories 17.7%
AZZ AZZ Inc. compare 16.5%
MMS Maximus, Inc. compare 11.0%
FA First Advantage Corporation compare 10.7%
CBZ CBIZ, Inc. compare 7.96%
UNF Unifirst Corporation compare 5.39%
AMTM Amentum Holdings, Inc. compare 4.22%
ABM ABM Industries Incorporated compare 3.51%
RTO Rentokil Initial PLC compare 0.00%
Specialty Business Services industry median 3.53%
Industrials sector median 5.12%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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