Company / Operating Margin
Dolby Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
19.6%
FY2025
5-year range
18.8% / 26.9%
FY2021-FY2025
Trend
-3.2%
vs FY2024
Sector context
#50 of 286
Information Technology
What the data says
Dolby's operating margin of 19.6% is higher than 83% of companies in the Information Technology sector (FY2025). Operating Margin has fluctuated over the past 10 years, ranging from 17.4% in FY2020 to 28.5% in FY2016.
Based on SEC 10-K filings.
19.6% in FY2025 with a 5-year CAGR of +2.2%. Top quartile in the Information Technology sector.
Declined from 26.9% to 19.6% over the past 2 years.
Information Technology sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +0.8pp
- 5-Year Change
- +2.2pp
- 10-Year Change
- -
Sector benchmark
+109.3% above sector average
Key checks
Key Insights
- In FY2025, operating margin decreased 3.2% year-over-year.
- Currently 230.4pp above the Information Technology sector average.
- Peak operating margin was recorded in FY2016.
- Lowest operating margin in the period was in FY2020.
Company context
Key Data Points
- Altman Z-Score 3.39 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 19.6% | -3.2% |
| FY2024 | 20.3% | -24.6% |
| FY2023 | 26.9% | +42.8% |
| FY2022 | 18.8% | -9.0% |
| FY2021 | 20.7% | +19.0% |
| FY2020 | 17.4% | -24.0% |
| FY2019 | 22.9% | +31.5% |
| FY2018 | 17.4% | -20.8% |
| FY2017 | 22.0% | -22.9% |
| FY2016 | 28.5% | +5.7% |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026