Dolby Laboratories, Inc.

DLB

DLBDolby Laboratories, Inc. US flag

New York Stock Exchange

52.84

USD

-0.60

- -

5.05BMarket Cap

Income Statement (USD)

MCP API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	09/30/2011	09/30/2012	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Sales/Revenue/Turnover	961	933	910	960	971	1,026	1,080	1,055	1,242	1,162	1,281	1,254	1,300	1,274	1,349
+ Sales & Services Revenue	961	933	910	960	971	1,026	1,080	1,055	1,242	1,162	1,281	1,254	1,300	1,274	1,349
- Cost of Revenue	111	92	97	70	95	109	119	128	161	146	130	141	153	140	160
+ Cost of Goods & Services	111	92	97	70	95	109	119	128	161	146	130	141	153	140	160
Gross Profit	850	841	813	890	876	917	962	927	1,081	1,015	1,151	1,112	1,147	1,133	1,189
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	417	478	562	614	663	684	702	744	787	795	810	895	884	869	909
+ Selling, General & Admin	293	338	393	431	461	464	468	507	549	556	557	634	613	605	647
+ Research & Development	124	140	169	183	201	220	233	237	238	239	254	261	272	264	262
+ Other Operating Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	433	363	251	276	213	233	260	183	294	221	341	217	263	265	280
- Non-Operating (Income) Loss	-8	-6	- -	- -	-33	-3	5	-13	11	-19	-14	2	13	-48	-24
+ Interest Expense, Net	-9	-6	-3	-3	-4	-6	-9	-19	-25	-13	-3	-6	- -	- -	- -
+ Interest Expense	1	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	10	6	4	4	5	6	10	19	25	13	3	7	- -	- -	- -
+ Other Non-Op (Income) Loss	1	- -	4	3	-28	3	14	5	36	-7	-11	8	13	-48	-24
Pretax Income	441	369	251	276	246	236	255	196	282	240	355	215	250	312	303
- Income Tax Expense (Benefit)	130	104	60	67	63	50	48	154	27	8	37	31	48	48	47
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	311	265	190	209	183	186	207	42	256	232	318	184	202	264	256
- Net Extraordinary Losses (Gains)	3	2	2	5	4	1	1	1	1	1	15	- -	2	5	3
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	3	2	2	5	4	1	1	1	1	1	15	- -	2	5	3
Income (Loss) Incl. MI	308	263	188	203	180	185	206	41	255	231	303	184	200	259	254
- Minority Interest	-1	-1	-1	-3	-2	-1	-1	-1	- -	- -	-8	- -	-1	-2	-1
Net Income, GAAP	309	264	189	206	181	186	206	42	255	231	310	184	201	262	255
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	309	264	189	206	181	186	206	42	255	231	310	184	201	262	255
EBIT	433	363	251	276	213	233	260	183	294	221	341	217	263	265	280
EBITDA	477	407	304	329	282	318	344	264	379	332	454	321	358	352	379
EBITDA Margin (%)	49.65	43.63	33.46	34.31	29.08	31.02	31.87	25.07	30.51	28.62	35.4	25.59	27.57	27.64	28.06
EBITA	433	363	251	276	213	233	260	183	294	221	341	217	263	265	280
Gross Margin (%)	88.43	90.14	89.37	92.69	90.23	89.38	89.03	87.9	87.04	87.39	89.85	88.73	88.26	88.97	88.13
Operating Margin (%)	45.07	38.93	27.61	28.76	21.96	22.72	24.07	17.36	23.65	18.98	26.6	17.33	20.22	20.78	20.75
Profit Margin (%)	32.18	28.33	20.81	21.47	18.69	18.12	19.12	3.96	20.55	19.91	24.21	14.68	15.44	20.56	18.9
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	4.01	- -	0.4	0.48	0.56	0.64	0.76	0.88	0.88	1	1.08	1.2	1.32
Depreciation Expense	44	44	53	53	69	85	84	81	85	112	113	104	96	87	99
Basic Weighted Avg Shares	111	107	102	102	102	101	102	103	102	101	101	100	96	96	96
Basic EPS, GAAP	2.78	2.47	1.86	2.02	1.77	1.85	2.03	0.4	2.51	2.3	3.07	1.84	2.1	2.74	2.66
Basic EPS from Cont Ops	2.79	2.48	1.87	2.04	1.79	1.85	2.03	0.41	2.51	2.3	3.14	1.84	2.11	2.77	2.68
Diluted Weighted Avg Shares	113	108	103	104	104	102	103	107	105	103	105	102	98	97	97
Diluted EPS, GAAP	2.75	2.46	1.84	1.99	1.75	1.81	2	0.39	2.44	2.25	2.97	1.81	2.05	2.69	2.62
Diluted EPS from Cont Ops	2.76	2.47	1.85	2.01	1.76	1.82	2.01	0.4	2.44	2.25	3.04	1.8	2.06	2.72	2.63

Balance Sheet (USD)

MCP API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	09/30/2011	09/30/2012	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Total Current Assets	1,159	970	819	1,006	821	760	1,011	1,497	1,382	1,547	1,760	1,311	1,488	1,194	1,388
+ Cash, Cash Equivalents & STI	943	795	595	800	671	638	875	1,096	916	1,119	1,264	809	885	482	703
+ Cash & Cash Equivalents	552	493	454	568	532	516	627	918	797	1,072	1,225	620	745	482	702
+ ST Investments	391	303	140	231	139	122	248	178	119	47	39	189	139	- -	1
+ Accounts & Notes Receiv	62	49	105	90	112	77	76	335	385	342	415	420	444	513	512
+ Accounts Receivable, Net	62	43	97	86	102	76	74	166	189	180	233	244	262	315	331
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	6	8	4	11	1	2	168	196	161	182	176	182	197	181
+ Inventories	26	17	10	9	14	16	25	26	32	26	11	24	36	34	30
+ Raw Materials	11	4	2	1	3	4	7	6	8	4	3	10	6	3	4
+ Work In Process	3	- -	- -	- -	3	4	5	4	5	9	3	5	4	5	4
+ Finished Goods	12	12	8	7	7	9	13	16	19	13	5	9	25	26	22
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	128	109	108	107	24	29	35	40	48	61	70	58	123	166	143
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	726	991	919	978	1,312	1,550	1,522	1,369	1,440	1,370	1,345	1,379	1,492	1,916	1,839
+ Property, Plant & Equip, Net	117	255	243	290	403	444	485	514	537	618	602	560	522	518	504
+ Property, Plant & Equip	187	352	376	461	605	694	791	876	955	1,095	1,139	1,118	1,099	1,137	1,112
- Accumulated Depreciation	70	98	133	171	202	251	305	362	417	476	538	558	577	619	608
+ LT Investments & Receivables	273	362	306	296	321	394	314	188	180	52	63	103	98	89	80
+ LT Investments	273	362	306	296	321	394	314	188	180	52	63	103	98	89	80
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	336	374	370	392	588	713	722	667	723	700	681	716	872	1,308	1,255
+ Total Intangible Assets	315	338	321	341	435	525	501	512	516	489	464	477	576	968	927
+ Goodwill	263	281	280	278	308	310	311	328	335	337	341	365	408	533	530
+ Other Intangible Assets	52	57	41	64	128	215	190	184	181	152	123	112	167	435	397
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	21	36	49	51	153	188	222	155	207	210	217	239	297	340	329
Total Assets	1,884	1,961	1,738	1,984	2,133	2,310	2,534	2,865	2,822	2,917	3,106	2,690	2,980	3,110	3,228
+ Payables & Accruals	92	86	97	105	120	118	130	183	208	146	175	162	258	277	289
+ Accounts Payable	11	15	11	16	21	18	14	22	15	13	18	14	21	17	18
+ Accrued Taxes	5	2	3	3	1	2	1	3	4	3	1	1	5	9	9
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	76	69	83	87	99	98	115	159	189	130	155	146	233	250	263
+ ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	16	15	13	14	12	10
+ ST Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	16	15	13	14	12	10
+ Other ST Liabilities	68	71	75	84	89	95	115	102	99	105	126	103	150	129	138
+ Deferred Revenue	27	23	21	12	19	24	23	17	20	15	18	19	32	32	31
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	41	47	54	72	70	71	92	84	79	90	107	84	119	97	107
Total Current Liabilities	159	157	173	189	210	213	246	285	307	267	316	278	422	418	438
+ LT Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	65	57	38	37	35	28
+ LT Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	65	57	38	37	35	28
+ Other LT Liabilities	40	61	65	63	108	118	144	210	202	146	129	123	148	170	130
+ Accrued Liabilities	16	21	20	19	31	35	36	26	24	24	24	23	40	35	30
+ Pension Liabilities	2	2	2	2	2	3	3	3	3	4	5	4	4	5	5
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	22	38	43	41	75	80	105	180	174	118	100	96	104	131	95
Total Noncurrent Liabilities	40	61	65	63	108	118	144	210	202	212	186	161	185	205	158
Total Liabilities	199	218	238	252	317	331	390	495	509	479	501	439	608	623	596
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	211	- -	19	47	18	42	61	66	- -	- -	- -	- -	- -	- -	- -
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	211	- -	19	46	18	42	61	66	- -	- -	- -	- -	- -	- -	- -
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	1,445	1,709	1,454	1,660	1,801	1,938	2,083	2,314	2,328	2,443	2,608	2,298	2,392	2,496	2,635
+ Other Equity	8	11	8	3	-11	-10	-8	-16	-21	-11	-10	-52	-37	-19	-13
Equity Before Minority Interest	1,664	1,720	1,481	1,710	1,807	1,970	2,137	2,364	2,307	2,433	2,598	2,246	2,355	2,477	2,623
+ Minority/Non Controlling Interest	22	23	19	22	9	8	7	7	6	6	6	5	17	10	9
Total Equity	1,685	1,743	1,500	1,732	1,816	1,979	2,144	2,371	2,313	2,438	2,604	2,251	2,372	2,487	2,632
Total Liabilities & Equity	1,884	1,961	1,738	1,984	2,133	2,310	2,534	2,865	2,822	2,917	3,106	2,690	2,980	3,110	3,228
Shares Outstanding	109	103	102	102	101	101	102	103	100	100	101	96	96	95	95
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	81	72	51	51	47	39
Net Debt	-552	-493	-454	-568	-532	-516	-627	-918	-797	-1,072	-1,225	-620	-745	-482	-702
Net Debt to Equity	-32.72	-28.26	-30.29	-32.83	-29.29	-26.08	-29.25	-38.73	-34.47	-43.96	-47.05	-27.55	-31.42	-19.38	-26.67
Tangible Common Equity Ratio	87.32	86.59	83.21	84.64	81.31	81.44	80.83	78.97	77.94	80.27	81.02	80.18	74.73	70.92	74.1
Current Ratio	7.27	6.19	4.74	5.31	3.92	3.57	4.12	5.25	4.5	5.79	5.58	4.72	3.52	2.86	3.17
Cash Conversion Cycle	87.4	48.86	27.14	12.62	11.72	19.52	43.22	63.38	78.04	93.79	62.02	76	102.9	122.42	119.59

Cash Flow Statement (USD)

MCP API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	09/30/2011	09/30/2012	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

+ Net Income	311	265	190	209	183	186	207	42	256	232	318	184	202	264	256
+ Depreciation & Amortization	44	44	53	53	69	85	84	81	85	112	113	104	96	87	99
+ Non-Cash Items	59	65	53	69	38	51	37	145	48	101	42	87	117	94	134
+ Stock-Based Compensation	44	48	64	66	67	67	65	71	77	87	100	115	118	120	129
+ Deferred Income Taxes	7	1	-20	-7	-14	-23	-35	61	-40	-5	-37	-29	-18	-22	5
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	16	- -	- -
+ Other Non-Cash Adj	9	16	9	10	-14	7	7	12	12	19	-21	2	1	-4	1
+ Chg in Non-Cash Work Cap	-10	16	-20	31	19	38	50	84	-61	-100	-25	-56	-47	-119	-17
+ (Inc) Dec in Accts Receiv	-9	19	-54	10	-7	25	-62	98	-57	36	-70	-8	48	-38	-2
+ (Inc) Dec in Inventories	2	3	9	4	6	-3	-12	-7	-16	-12	17	-12	-13	-3	8
+ (Inc) Dec in Prepaid Assets	-10	-4	6	- -	-4	-15	-12	-52	-6	-6	17	9	-1	-2	15
+ Inc (Dec) in Accts Payable	-17	-7	22	24	-7	3	104	-29	33	-44	44	-34	-52	-35	23
+ Inc (Dec) in Other	23	5	-3	-7	31	28	32	74	-15	-75	-33	-12	-28	-42	-61
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	404	390	277	362	309	360	378	352	328	344	448	319	367	327	472
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	4	2	1	3	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	4	2	1	3	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-47	-168	-31	-113	-195	-222	-105	-85	-114	-69	-54	-59	-30	-30	-42
+ Acq of Fixed Prod Assets	-47	-167	-27	-75	-158	-101	-100	-73	-96	-66	-54	-48	-30	-30	-36
+ Acq of Intangible Assets	- -	- -	-4	-38	-37	-121	-5	-13	-17	-3	- -	-12	- -	- -	-6
+ Cash (Repurchase) of Equity	-169	-255	-75	-36	-94	-43	-48	-66	-306	-114	-156	-509	-133	-159	-119
+ Increase in Capital Stock	28	17	16	33	29	71	70	106	57	83	122	58	48	40	44
+ Decrease in Capital Stock	-197	-272	-91	-70	-123	-114	-118	-173	-363	-197	-278	-567	-180	-199	-162
+ Net Change in LT Investment	-190	-17	207	-93	58	-60	-53	186	72	203	-2	-198	59	232	16
+ Dec in LT Investment	430	595	692	297	451	366	236	360	338	491	65	118	232	392	16
+ Inc in LT Investment	-619	-611	-485	-389	-393	-426	-290	-174	-265	-288	-67	-316	-173	-160	- -
+ Net Cash From Acq & Div	-3	-13	- -	- -	-66	- -	- -	-23	-15	- -	-4	-38	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	27	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	-3	-13	- -	- -	-94	- -	- -	-23	-15	- -	-4	-38	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	-2	-2	-1	-1	- -	- -	- -	- -	16	- -	26	-488	16
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-237	-195	175	-205	-204	-282	-158	78	-56	134	-45	-296	54	-286	-11
+ Dividends Paid	- -	- -	-408	- -	-41	-48	-57	-66	-77	-89	-89	-100	-103	-115	-127
+ Net Cash From Debt	- -	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash From Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Repayments of Debt	- -	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Financing Activities	7	1	-5	-4	-3	- -	-2	-1	-2	-5	-7	-1	-1	-14	-2
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-162	-254	-488	-41	-139	-92	-107	-134	-385	-208	-253	-611	-237	-288	-247
Effect of Foreign Exchange Rates	1	- -	-2	-2	-4	-1	2	-6	-6	4	3	-17	5	7	1
Net Changes in Cash	4	-59	-36	116	-33	-14	113	297	-114	270	150	-588	184	-247	214
EBITDA	477	407	304	329	282	318	344	264	379	332	454	321	358	352	379
EBITDA Margin (%)	49.65	43.63	33.46	34.31	29.08	31.02	31.87	25.07	30.51	28.62	35.4	25.59	27.57	27.64	28.06
Free Cash Flow	356	222	246	248	114	138	273	267	214	275	393	259	337	297	430
Net Cash Paid for Acquisitions	3	13	- -	- -	66	- -	- -	23	15	- -	4	38	- -	- -	- -
Free Cash Flow to Firm	357	222	246	248	115	138	273	267	214	275	394	259	337	297	430
Free Cash Flow to Equity	360	224	250	290	152	259	278	279	231	278	393	271	337	297	436
Free Cash Flow per Basic Share	3.2	2.08	2.41	2.43	1.12	1.37	2.68	2.58	2.11	2.73	3.89	2.59	3.52	3.11	4.49
Price/Free Cash Flow	6.85	6.32	11.54	9.12	6.71	9.56	12.31	17.11	15.32	16.53	18.33	17.58	19.49	20.85	13.72
Cash Flow to Net Income	1.31	1.48	1.46	1.75	1.71	1.94	1.83	8.44	1.28	1.49	1.44	1.73	1.83	1.25	1.85
Capital Expenditures	-47	-168	-31	-113	-195	-222	-105	-85	-114	-69	-54	-59	-30	-30	-42