• Dolby Laboratories average operating margin for 2024 was 18.07%, a 0.39% increase from 2023.
• Dolby Laboratories average operating margin for 2023 was 18%, a 3.99% increase from 2022.
• Dolby Laboratories average operating margin for 2022 was 17.31%, a 30.95% increase from 2021.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.