DLB vs. DHI

Last updated Apr 1, 2026

Compare and contrast key facts about Dolby Laboratories, Inc. (DLB) and D.R. Horton, Inc. (DHI).

Performance

DLB vs. DHI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dolby Laboratories, Inc. (DLB) and D.R. Horton, Inc. (DHI). The values are adjusted to include any dividend payments, if applicable.

DLB vs. DHI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DLB Dolby Laboratories, Inc.	-5.97%	-16.27%	-7.95%	23.82%	-24.90%	-0.99%	42.99%	12.63%	0.78%	38.73%
DHI D.R. Horton, Inc.	-4.46%	4.24%	-7.24%	72.07%	-16.83%	58.73%	32.23%	54.29%	-31.26%	89.06%

Fundamentals

Market Cap DLB : $5.80B DHI : $40.25B
EPS DLB : $2.86 DHI : $11.27
PE Ratio DLB : 21.00 DHI : 12.18
PEG Ratio DLB : 30.99 DHI : 4.12
PS Ratio DLB : 4.34 DHI : 1.21
PB Ratio DLB : 2.24 DHI : 1.68
Total Revenue (TTM) DLB : $1.34B DHI : $33.52B
Gross Profit (TTM) DLB : $1.18B DHI : $7.80B
EBITDA (TTM) DLB : $338.71M DHI : $4.46B

Returns By Period

In the year-to-date period, DLB achieves a -5.97% return, which is significantly lower than DHI's -4.46% return. Over the past 10 years, DLB has underperformed DHI with an annualized return of 4.67%, while DHI has yielded a comparatively higher 17.57% annualized return.

DLB

• 1D: 3.05%
• 1M: -9.78%
• YTD: -5.97%
• 6M: -16.11%
• 1Y: -23.73%
• 3Y*: -9.60%
• 5Y*: -8.71%
• 10Y*: 4.67%

DHI

• 1D: 3.54%
• 1M: -14.45%
• YTD: -4.46%
• 6M: -18.55%
• 1Y: 9.21%
• 3Y*: 13.10%
• 5Y*: 9.64%
• 10Y*: 17.57%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

DLB vs. DHI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DLB

DLB Risk / Return Rank: 8
DLB Sharpe Ratio Rank: 6
DLB Sortino Ratio Rank: 8
DLB Omega Ratio Rank: 9
DLB Calmar Ratio Rank: 10
DLB Martin Ratio Rank: 8

DHI

DHI Risk / Return Rank: 50
DHI Sharpe Ratio Rank: 51
DHI Sortino Ratio Rank: 48
DHI Omega Ratio Rank: 45
DHI Calmar Ratio Rank: 51
DHI Martin Ratio Rank: 52

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DLB vs. DHI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dolby Laboratories, Inc. (DLB) and D.R. Horton, Inc. (DHI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	DLB	DHI	Difference
Sharpe ratio Return per unit of total volatility	-0.95	0.24	-1.18
Sortino ratio Return per unit of downside risk	-1.27	0.69	-1.96
Omega ratio Gain probability vs. loss probability	0.84	1.08	-0.24
Calmar ratio Return relative to maximum drawdown	-0.86	0.37	-1.23
Martin ratio Return relative to average drawdown	-1.60	0.78	-2.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DLB vs. DHI - Sharpe Ratio Comparison

The current DLB Sharpe Ratio is -0.95, which is lower than the DHI Sharpe Ratio of 0.24. The chart below compares the historical Sharpe Ratios of DLB and DHI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DLB	DHI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.95	0.24	-1.18
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.36	0.27	-0.63
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.18	0.50	-0.32
Sharpe Ratio (All Time) Calculated using the full available price history	0.17	0.30	-0.13

Correlation

The correlation between DLB and DHI is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

DLB vs. DHI - Dividend Comparison

DLB's dividend yield for the trailing twelve months is around 2.30%, more than DHI's 1.24% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DLB Dolby Laboratories, Inc.	2.30%	2.10%	1.57%	1.29%	1.45%	0.96%	0.91%	1.15%	1.08%	0.94%	1.11%	1.25%
DHI D.R. Horton, Inc.	1.24%	1.15%	0.93%	0.69%	1.04%	0.76%	1.05%	1.18%	1.51%	0.83%	1.24%	0.84%

Drawdowns

DLB vs. DHI - Drawdown Comparison

The maximum DLB drawdown since its inception was -62.19%, smaller than the maximum DHI drawdown of -88.84%. Use the drawdown chart below to compare losses from any high point for DLB and DHI.

Drawdown Indicators

	DLB	DHI	Difference
Max Drawdown Largest peak-to-trough decline	-62.19%	-88.84%	+26.65%
Max Drawdown (1Y) Largest decline over 1 year	-27.12%	-27.56%	+0.44%
Max Drawdown (5Y) Largest decline over 5 years	-39.66%	-44.45%	+4.79%
Max Drawdown (10Y) Largest decline over 10 years	-39.66%	-53.62%	+13.96%
Current Drawdown Current decline from peak	-37.55%	-29.17%	-8.38%
Average Drawdown Average peak-to-trough decline	-22.22%	-27.93%	+5.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.60%	13.09%	+1.51%

Volatility

DLB vs. DHI - Volatility Comparison

The current volatility for Dolby Laboratories, Inc. (DLB) is 6.60%, while D.R. Horton, Inc. (DHI) has a volatility of 8.97%. This indicates that DLB experiences smaller price fluctuations and is considered to be less risky than DHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DLB	DHI	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.60%	8.97%	-2.37%
Volatility (6M) Calculated over the trailing 6-month period	17.13%	25.00%	-7.87%
Volatility (1Y) Calculated over the trailing 1-year period	25.20%	39.10%	-13.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.65%	35.31%	-10.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.65%	35.54%	-8.89%

Financials

DLB vs. DHI - Profitability Comparison

The chart below illustrates the profitability comparison between Dolby Laboratories, Inc. and D.R. Horton, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

DLB - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Dolby Laboratories, Inc. reported a gross profit of 303.50M and revenue of 346.71M. Therefore, the gross margin over that period was 87.5%.

DHI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, D.R. Horton, Inc. reported a gross profit of 1.59B and revenue of 6.89B. Therefore, the gross margin over that period was 23.2%.

DLB - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Dolby Laboratories, Inc. reported an operating income of 62.16M and revenue of 346.71M, resulting in an operating margin of 17.9%.

DHI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, D.R. Horton, Inc. reported an operating income of 729.60M and revenue of 6.89B, resulting in an operating margin of 10.6%.

DLB - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Dolby Laboratories, Inc. reported a net income of 89.52M and revenue of 346.71M, resulting in a net margin of 25.8%.

DHI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, D.R. Horton, Inc. reported a net income of 594.80M and revenue of 6.89B, resulting in a net margin of 8.6%.