DLB vs TPL
Dolby Laboratories, Inc. and Texas Pacific Land Corp., side by side — 8 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | DLB | TPL |
|---|---|---|
| Revenue | $1.3B | $798.2M |
| Net income | $255.0M | $481.4M |
| Gross margin | 88.1% | · |
| Net margin | 19.0% | 60.3% |
| Return on equity | 10.0% | 37.2% |
| Diluted EPS | $2.62 | $6.97 |
| Dividend / share | $1.32 | $2.13 |
| Payout ratio | 49.6% | 30.7% |
| Free cash flow | $435.9M | $510.0M |
| Equity | $2.6B | $1.5B |
| Net debt / equity | · | · |
| Current ratio | 3.17× | 4.40× |
| Revenue CAGR 5y | 3.0% | 21.4% |
| Profit CAGR 5y | 2.0% | 22.3% |
DLB bills 1.7× the revenue of TPL, and TPL keeps more of each dollar of revenue as profit (60.3% 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.
8 years side by side
| Fiscal year | DLB | TPL |
|---|---|---|
| FY2025 | $1.3B | $798.2M |
| FY2024 | $1.3B | $705.8M |
| FY2023 | $1.3B | $631.6M |
| FY2022 | $1.3B | $667.4M |
| FY2021 | $1.3B | $451.0M |
| FY2020 | $1.2B | $302.6M |
| FY2019 | $1.2B | $490.5M |
| FY2018 | $1.1B | $300.2M |
Bottom line
| Fiscal year | DLB | TPL |
|---|---|---|
| FY2025 | $255.0M | $481.4M |
| FY2024 | $261.8M | $454.0M |
| FY2023 | $200.7M | $405.6M |
| FY2022 | $184.1M | $446.4M |
| FY2021 | $310.2M | $270.0M |
| FY2020 | $231.4M | $176.0M |
| FY2019 | $255.2M | $318.7M |
| FY2018 | $41.7M | $209.7M |
8 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$550,940,000 | DLB |
| FY2024 | +$567,898,000 | DLB |
| FY2023 | +$668,149,000 | DLB |
| FY2022 | +$586,371,000 | DLB |
| FY2021 | +$830,298,000 | DLB |
| FY2020 | +$859,228,000 | DLB |
| FY2019 | +$751,124,000 | DLB |
| FY2018 | +$754,380,000 | DLB |
DLB has reported the higher revenue in every one of these 8 fiscal years. The gap has narrowed since the earliest year compared.
8 of 18 comparable fiscal years — a year missing data on either side is not counted.
8 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −41.3 pp | TPL |
| FY2024 | −43.6 pp | TPL |
| FY2023 | −48.7 pp | TPL |
| FY2022 | −52.2 pp | TPL |
| FY2021 | −35.1 pp | TPL |
| FY2020 | −38.2 pp | TPL |
| FY2019 | −44.4 pp | TPL |
| FY2018 | −65.8 pp | TPL |
TPL has kept the higher net margin in every one of these 8 fiscal years.
8 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
DLB's net margin has been more volatile than TPL's over the 8 comparable fiscal years — 5.9 percentage points of standard deviation against 3.7.
8 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
TPL led in net margin in every one of the 8 comparable fiscal years — a structural lead, not a recent swing.
8 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
TPL's return on equity has been more volatile than DLB's over the 8 comparable fiscal years — 19.0 percentage points of standard deviation against 3.0.
8 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
TPL led in return on equity in every one of the 8 comparable fiscal years — a structural lead, not a recent swing.
8 of 18 comparable fiscal years — a year missing data on either side is not counted.