Is the business good?
How good a business is DLB?
Dolby Laboratories, Inc. earns 9.9% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
9.9%
Return on invested capital · cost of capital 9.0% · 0.86 points above what the capital costs: growth creates value
- Cash conversion
- 1.24×
Cash conversion · 1.52× a year ago · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- −2.0%
Share count, year on year · bought back, each share owns more of the company
| Year | Operating margin |
|---|---|
| FY2020 | 19% |
| FY2021 | 27% |
| FY2022 | 16% |
| FY2023 | 17% |
| FY2024 | 20% |
| FY2025 | 20% |
Details›
- Free cash flow, trailing twelve months
- $301M
- Net income, trailing twelve months
- $244M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 9.9%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Specialty Business Services
Ranks #3 of 18 by Smart Score