TORVANTA
Other · S&P 500 · data as of 2026-10-05

DLB stock analysis: DLB

DLB (DLB) is an S&P 500 company in Other. It grades weakest on growth.

The model's view of DLB · subscribers

Where DLB ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

See plans
What's happening with DLB · updated 2026-10-05 · from prices and SEC filings

DLB price performance

DLB against the S&P 500, one year
-20%+0%+20%S&P 500 +18%DLB -16%2025-09-292026-10-05
Year to date-5.9%S&P 500 +14.5% · behind by 20.4 pts
1 year-14.8%S&P 500 +17.0% · behind by 31.8 pts
3 years-21.5%S&P 500 +89.3% · behind by 110.7 pts
5 years-26.8%S&P 500 +91.3% · behind by 118.1 pts

Total returns with dividends reinvested.

DLB factor grades

Each grade compares DLB with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

CValueP/E 25.3x (industry 20.1x)FCF yield 7.0% (industry 6.0%)
D+GrowthRevenue growth +1% (industry +8%)EPS growth -14% (industry +10%)
BProfitabilityOperating margin 17.7% (industry 9.6%)ROIC 10.3% (industry 10.1%)
B-Momentum12-month change -15%From 52-wk high -16%

DLB in plain numbers

DLB key statistics

SectorOther
Industryn/a
IndexS&P 500
Market value$5.6B
Revenue growth (y/y)+1%
Free-cash-flow yield7.0%
Dividend yield2.4%
Next earnings (expected)2026-11-17
Valuation measures
Market value$5.6B
Enterprise value$4.9B
P/E (trailing)25.3x
Forward P/E (Torvanta estimate)25.1x
Price / sales4.1x
Price / book2.2x
EV / revenue3.6x
EV / EBITDA14.9x
Financial highlights
Revenue, last 12 months$1.4B
Net income, last 12 months$226.2M
EPS, last 12 months (GAAP)$2.35
Gross margin87.6%
Operating margin17.7%
Net margin16.7%
Return on equity8.7%
Return on invested capital10.3%
Cash$669.4M
Total debt$0
Free cash flow, last 12 months$392.7M
Current ratio3.19x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

DLB earnings trends

Revenue vs earnings
$0$98.9M$197.8M$296.7M$395.6MSep 2024 Revenue: $304.8MDec 2024 Revenue: $357.0MMar 2025 Revenue: $369.6MJun 2025 Revenue: $315.5MSep 2025 Revenue: $307.0MDec 2025 Revenue: $346.7MMar 2026 Revenue: $395.6MJun 2026 Revenue: $305.0MSep 2024 Net income: $58.6MDec 2024 Net income: $67.8MMar 2025 Net income: $91.8MJun 2025 Net income: $46.1MSep 2025 Net income: $49.3MDec 2025 Net income: $53.3MMar 2026 Net income: $94.9MJun 2026 Net income: $28.6MSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: 19.2%Net margin: 19.0%Net margin: 24.8%Net margin: 14.6%Net margin: 16.1%Net margin: 15.4%Net margin: 24.0%Net margin: 9.4%0%12%25%■ Revenue ■ Net income ━ Net margin
Earnings per share$0.0$0.3$0.5$0.7$1.0Sep 2024 EPS (GAAP, diluted): $0.6Dec 2024 EPS (GAAP, diluted): $0.7Mar 2025 EPS (GAAP, diluted): $0.9Jun 2025 EPS (GAAP, diluted): $0.5Sep 2025 EPS (GAAP, diluted): $0.5Dec 2025 EPS (GAAP, diluted): $0.6Mar 2026 EPS (GAAP, diluted): $1.0Jun 2026 EPS (GAAP, diluted): $0.3Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026■ EPS (GAAP, diluted) Change from a year earlier: Sep 2025 -15% · Dec 2025 -21% · Mar 2026 +5% · Jun 2026 -38%

From the company's 10-Q and 10-K filings with the SEC.

DLB financials (from SEC filings)

Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$1.3B$1.3B$1.3B$1.3B$1.3B
Net income$310.2M$184.1M$200.7M$261.8M$255.0M
EPS (GAAP)$2.98$1.81$2.06$2.70$2.63
Free cash flow$393.3M$270.6M$336.7M$297.2M$435.9M

DLB earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-07-30$0.30-38%-3%+9.5%
2026-04-30$0.99+5%+7%-10.4%
2026-01-29$0.55-21%-3%+5.4%
2025-11-18$0.51-15%+1%+1.2%
2025-07-31$0.48+20%+9%-5.4%
2025-05-01$0.94-7%+1%-4.7%

Companies similar to DLB

CompanyMarket valueP/ERevenue growthOperating margin12-month change
DLB DLB$5.6B25.3x+1%17.7%-15%
ORA ORA$5.6B44.8x+31%16.6%-10%compare
TTD TTD$5.6B14.4x+12%19.6%-77%compare
VFC VFC$5.6B22.7x-0%6.0%-4%compare
G G$5.6B9.9x+7%14.8%-17%
ACI ACI$5.6B67.7x+3%0.7%-31%
MCY MCY$5.6B6.0x+10%n/a+19%

All Other stock ratings

Frequently asked questions

Is DLB stock a buy?

Torvanta does not tell individuals what to buy. Its grades for DLB are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is DLB's P/E ratio?

DLB trades at about 25.3 times its last 12 months of GAAP earnings reported to the SEC, and about 25.1 times Torvanta's own estimate of the next 12 months.

When does DLB report earnings next?

Based on its filing history, Torvanta expects DLB to report around 2026-11-17.

Does DLB pay a dividend?

Yes. Its dividend yield is about 2.4%, and it has raised its dividend 11 years in a row.

How has DLB performed against the S&P 500?

Over the past year DLB returned -14.8%, against +17.0% for the S&P 500, dividends reinvested.

See the model's view

Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

See plans Or get the free weekly newsletter

Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

All stock ratings · Stock lists · AI stock research · Model portfolio · Research · Disclaimer