DLB vs HASI
Dolby Laboratories, Inc. and HA Sustainable Infrastructure Capital, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | DLB | HASI |
|---|---|---|
| Revenue | $1.3B | $400.5M |
| Net income | $255.0M | $184.5M |
| Gross margin | 88.1% | · |
| Net margin | 19.0% | 47.0% |
| Return on equity | 10.0% | 7.3% |
| Diluted EPS | $2.62 | $1.41 |
| Dividend / share | $1.32 | · |
| Payout ratio | 49.6% | 113.7% |
| Free cash flow | $435.9M | · |
| Equity | $2.6B | · |
| Net debt / equity | · | · |
| Current ratio | 3.17× | · |
| Revenue CAGR 5y | 3.0% | 16.5% |
| Profit CAGR 5y | 2.0% | 17.5% |
DLB bills 3.4× the revenue of HASI, and HASI keeps more of each dollar of revenue as profit (47.0% against 19.0%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | DLB | HASI |
|---|---|---|
| FY2025 | $1.3B | $400.5M |
| FY2024 | $1.3B | $383.6M |
| FY2023 | $1.3B | $319.9M |
| FY2022 | $1.3B | $239.7M |
| FY2021 | $1.3B | $213.2M |
| FY2020 | $1.2B | $186.9M |
| FY2019 | $1.2B | $141.6M |
| FY2018 | $1.1B | $139.4M |
| FY2017 | $1.1B | $106.0M |
| FY2016 | $1.0B | $81.2M |
Bottom line
| Fiscal year | DLB | HASI |
|---|---|---|
| FY2025 | $255.0M | $184.5M |
| FY2024 | $261.8M | $200.0M |
| FY2023 | $200.7M | $148.8M |
| FY2022 | $184.1M | $41.5M |
| FY2021 | $310.2M | $126.6M |
| FY2020 | $231.4M | $82.4M |
| FY2019 | $255.2M | $81.6M |
| FY2018 | $41.7M | $41.6M |
| FY2017 | $206.5M | $30.9M |
| FY2016 | $185.9M | $14.7M |
15 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$948,628,000 | DLB |
| FY2024 | +$890,126,000 | DLB |
| FY2023 | +$979,873,000 | DLB |
| FY2022 | +$1,014,056,000 | DLB |
| FY2021 | +$1,068,090,000 | DLB |
| FY2020 | +$974,885,000 | DLB |
| FY2019 | +$1,100,039,000 | DLB |
| FY2018 | +$915,204,000 | DLB |
| FY2017 | +$974,190,000 | DLB |
| FY2016 | +$944,540,000 | DLB |
| FY2015 | +$911,959,000 | DLB |
| FY2014 | +$914,901,000 | DLB |
| FY2013 | +$885,229,000 | DLB |
| FY2012 | +$915,726,000 | DLB |
| FY2011 | +$953,866,000 | DLB |
DLB has reported the higher revenue in every one of these 15 fiscal years. The gap has narrowed since the earliest year compared.
15 of 18 comparable fiscal years — a year missing data on either side is not counted.
15 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −28.0 pp | HASI |
| FY2024 | −32.3 pp | HASI |
| FY2023 | −31.6 pp | HASI |
| FY2022 | −2.8 pp | HASI |
| FY2021 | −34.9 pp | HASI |
| FY2020 | −24.3 pp | HASI |
| FY2019 | −37.3 pp | HASI |
| FY2018 | −26.0 pp | HASI |
| FY2017 | −10.1 pp | HASI |
| FY2016 | −0.0 pp | HASI |
| FY2015 | +5.2 pp | DLB |
| FY2014 | +0.2 pp | DLB |
| FY2013 | +72.6 pp | DLB |
| FY2012 | +6.4 pp | DLB |
| FY2011 | +101.9 pp | DLB |
The higher net margin has changed hands between DLB and HASI over this period.
15 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
HASI's net margin has been more volatile than DLB's over the 15 comparable fiscal years — 36.0 percentage points of standard deviation against 6.1.
15 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between DLB and HASI over these 15 fiscal years — DLB led in 5 and HASI in 10.
15 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
HASI's return on equity has been more volatile than DLB's over the 13 comparable fiscal years — 5.7 percentage points of standard deviation against 2.7.
13 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between DLB and HASI over these 13 fiscal years — DLB led in 12 and HASI in 1.
13 of 18 comparable fiscal years — a year missing data on either side is not counted.