• Dolby Laboratories average price to free cash flow ratio for 2024 was 23.79, a 6.6% decline from 2023.
• Dolby Laboratories average price to free cash flow ratio for 2023 was 25.47, a 10.4% decline from 2022.
• Dolby Laboratories average price to free cash flow ratio for 2022 was 23.07, a 6.64% increase from 2021.

Price to free cash flow ratio can be defined as