DLB vs WDC vs AMD Stock Comparison

Dolby Laboratories, Western Digital and Advanced Micro Devices Prices as of Oct 26, 2026 Peers: Industry group
DLB Dolby Laboratories, Inc.
$63.13 +7.7% 1M -6.3% 1Y
Market cap
$5.91B
P/E
26.1x
Revenue (TTM)
$1.35B
Div. yield
0.02%
Semiconductor EDA Software Technology
3 wins
WDC Western Digital Corp
$356.13 -22.0% 1M +175.2% 1Y
Market cap
$139.55B
P/E
13.9x
Revenue (TTM)
$14.48B
Div. yield
0.00%
Server and Storage Hardware Technology
7 wins
AMD Advanced Micro Devices Inc
$531.28 -15.8% 1M +110.1% 1Y
Market cap
$914.36B
P/E
142.1x
Revenue (TTM)
$41.31B
Div. yield
–
Semiconductor Design Technology
2 wins

Head to Head

12 decided of 12

Western Digital leads on 7 of the 12 questions below (Western Digital 7, Dolby Laboratories 3, Advanced Micro Devices 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionDLBWDCAMDLeader
Larger companyMarket capitalisation $5.91B $139.55B $914.36B AMD
Cheaper on earningsLower P/E, profitable companies only 26.1x 13.9x 142.1x WDC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 14.1x 14.8x 72.0x DLB
Faster revenue growthRevenue growth, trailing twelve months +0.6% +43.0% +39.5% WDC
More profitableNet margin, trailing twelve months 16.7% 69.2% 15.6% WDC
Better return on capitalReturn on invested capital — 53.8% 8.0% WDC
Less leveragedLower net debt / EBITDA — -0.1x -1.0x AMD
Higher dividend yieldTrailing dividend yield 0.02% 0.00% 0.00% DLB
Better 1-year returnPrice return, last 12 months -6.3% +175.2% +110.1% WDC
Better 5-year returnAnnualised price return, 5 years -6.4%/yr +53.4%/yr +34.2%/yr WDC
Less volatileAnnualised volatility, 1 year 30.3% 81.2% 68.4% DLB
Higher overall scoreMean of the five percentile scores vs peers 66/100 78/100 60/100 WDC

Percentile Scorecard

DLBWDCAMD

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisDLBWDCAMD
Valuation 86 #14 of 95 54 #52 of 111 28 #69 of 95
Growth 27 #68 of 93 99 #2 of 108 96 #5 of 93
Profitability 71 #27 of 91 98 #3 of 104 67 #31 of 91
Financial Health 62 #39 of 101 66 #40 of 115 68 #33 of 101
Shareholder Returns 84 #13 of 75 75 #21 of 81 41 #45 of 75
Overall 66 78 60
  • DLB ranked among 104 companies in Semiconductors
  • WDC ranked among 121 companies in Computer Hardware
  • AMD ranked among 104 companies in Semiconductors

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodDLBWDCAMDSPY
1 month +7.7%-22.0%-15.8% -0.8%
3 months +23.1%-28.5%+7.3% +3.5%
6 months -0.8%-11.1%+58.8% +7.0%
Year to date -1.7%+106.7%+148.1% +12.2%
1 year -6.3%+175.2%+110.1% +13.0%
3 years -19.7%+1,108.9%+450.9% +86.3%
3 years, per year -7.1%+129.6%+76.7% +23.1%
5 years -28.0%+749.3%+334.5% +68.6%
5 years, per year -6.4%+53.4%+34.2% +11.0%
10 years +26.6%+733.6%+7,187.8% +258.0%
10 years, per year +2.4%+23.6%+53.6% +13.6%

Risk

MeasureDLBWDCAMDSPY
Volatility, 1Y 30.3%81.2%68.4% 12.7%
Downside volatility, 1Y 31.6%82.1%65.6% 12.7%
Beta vs S&P 500, 1Y 0.543.153.21 1.00
Return / volatility, 1Y -0.212.161.61 1.02
Max drawdown, 5Y -49.6%-55.5%-65.4% -25.4%
From 52-week high -8.6%-52.3%-18.2% -1.8%
52-week high $69.09$746.23$649.42 $779.14
52-week low $48.50$124.92$190.95 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleDLBWDCAMD
P/E now vs peer median 26.3xmedian 42.1x 13.0xmedian 32.0x 134.8xmedian 42.1x
P/S now vs peer median 4.4xmedian 7.1x 9.2xmedian 2.8x 21.0xmedian 7.1x
EV/EBITDA now vs peer median 15.9xmedian 27.5x 21.8xmedian 19.4x 90.1xmedian 27.5x
P/FCF now vs peer median 15.2xmedian 37.2x 31.1xmedian 29.0x 103.7xmedian 37.2x
P/B now vs peer median 2.3xmedian 4.2x 14.3xmedian 2.9x 12.9xmedian 4.2x
PEG now vs peer median 12.63median 2.23 0.17median 1.13 0.25median 2.23

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsDLBWDCAMD
Revenue $1.35B $14.48B $41.31B
Gross profit $1.19B $7.62B $21.98B
Operating income $239.10M $5.71B $6.49B
Net income $228.00M $10.02B $6.43B
Free cash flow $392.67M $4.29B $8.37B
R&D $265.94M $1.15B $9.39B
EPS (diluted) $2.39 $26.10 $3.88
Cash & equivalents $669.39M $1.31B $5.09B
Total debt – $12.58B $12.89B
Shares (diluted) 94.52M 384.00M 1.66B
Enterprise value $3.30B $129.38B $871.11B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricDLBWDCAMD
P/E 26.3x 13.0x 134.8x
P/FCF 15.2x 31.1x 103.7x
P/Operating cash flow 13.6x 27.4x 86.0x
P/S 4.4x 9.2x 21.0x
P/B 2.3x 14.3x 12.9x
P/Tangible book 2.7x 14.3x 16.8x
EV/EBITDA 15.9x 21.8x 90.1x
EV/EBIT 22.1x 23.3x 132.1x
EV/Revenue 3.9x 9.2x 20.8x
EV/FCF 13.4x 31.0x 102.5x
EV/Operating cash flow 12.1x 27.3x 85.0x
PEG (3Y EPS CAGR) 12.63 0.17 0.25

Growth

14 metrics
MetricDLBWDCAMD
Revenue growth (1Y) 0.6% 43.0% 39.5%
Revenue CAGR (3Y) 1.7% 57.4% 23.6%
Gross profit growth (1Y) -0.5% 85.2% 55.9%
Gross profit CAGR (3Y) 1.5% 126.7% 32.0%
Operating income growth (1Y) -15.1% 104.4% 186.2%
Operating income CAGR (3Y) -1.0% 85.5% 167.6%
Net income growth (1Y) -14.2% 288.7% 127.0%
Net income CAGR (3Y) 1.3% 83.2% 537.7%
EPS growth (1Y) -12.3% 286.8% 123.1%
EPS CAGR (3Y) 2.1% 75.8% 533.6%
Operating cash flow growth (1Y) -6.0% 108.7% 106.7%
Operating cash flow CAGR (3Y) 9.5% 88.3% 61.4%
Free cash flow growth (1Y) -10.4% 121.1% 106.9%
Free cash flow CAGR (3Y) 9.3% 66.0% 64.9%

Profitability

14 metrics
MetricDLBWDCAMD
Gross margin 87.6% 52.6% 53.2%
EBITDA margin 24.5% 42.1% 23.0%
Operating margin 17.7% 39.4% 15.7%
Pretax margin 20.4% 73.2% 18.3%
Net margin 16.7% 69.2% 15.6%
FCF margin 29.0% 29.6% 20.3%
Operating cash flow margin 32.3% 33.6% 24.4%
Return on equity 8.7% 110.0% 9.8%
Return on assets 7.1% 71.3% 7.8%
Return on invested capital – 53.8% 8.0%
Return on capital employed 8.6% 57.3% 9.3%
Asset turnover 0.4x 1.0x 0.5x
Cash conversion (OCF / net income) 1.9x 0.5x 1.6x
Stock comp / revenue 9.6% 1.6% 4.6%

Financial Health

11 metrics
MetricDLBWDCAMD
Debt / assets – 5.5% 3.8%
Debt / equity – 0.1x 0.0x
Net debt / EBITDA – -0.1x -1.0x
Debt / FCF – 0.2x 0.4x
Liabilities / assets 17.9% 34.3% 20.4%
Equity / assets 82.1% 65.7% 79.6%
Interest coverage – 48.8x 44.1x
Current ratio 3.2x 1.4x 2.6x
Quick ratio 3.1x 0.9x 1.7x
Cash ratio 1.6x 0.3x 1.1x
Altman Z-score 8.51 19.75 31.29

Shareholder Returns

7 metrics
MetricDLBWDCAMD
Dividend yield 2.3% 0.2% –
Net buyback yield 3.5% 2.3% 0.0%
Shareholder yield 5.7% 2.4% 0.0%
Payout ratio (earnings) 58.9% 2.0% –
Payout ratio (FCF) 34.2% 4.6% –
Dividend growth (1Y) 8.6% 151.3% –
Dividend CAGR (3Y) 9.6% – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusDLBWDCAMD
Forward P/E 14.1xFY2026 14.8xFY2027 72.0xFY2026
EPS, next fiscal year $4.49FY2026 $24.04FY2027 $7.38FY2026
EPS growth, next FY +5.9%FY2026 +135.2%FY2027 +77.0%FY2026
EPS growth, the year after +4.7% +70.9% +112.7%
Revenue, next fiscal year $1.50BFY2026 $20.04BFY2027 $53.09BFY2026
Revenue growth, next FY +11.1%FY2026 +55.1%FY2027 +53.3%FY2026
Revenue growth, the year after -7.7% +39.2% +60.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDLBWDCAMD
Held by institutions 65.4% 93.7% 72.5%
Institutions holding 389 1,845 3,991
Change in shares held, QoQ +5.8% -1.3% +10.7%
Institutions buying 195 1,127 2,270
Institutions selling 148 596 1,456
Buyers to sellers 1.32 1.89 1.56

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

DLBWDCAMD
DLB 1.00 0.00 -0.04
WDC 0.00 1.00 0.53
AMD -0.04 0.53 1.00

Add a Peer

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Frequently Asked Questions

Which is bigger, DLB, WDC and AMD?

Advanced Micro Devices (AMD) is the largest by market capitalisation: Dolby Laboratories (DLB) $5.91B, Western Digital (WDC) $139.55B, Advanced Micro Devices (AMD) $914.36B.

Which stock is cheaper, DLB, WDC and AMD?

Western Digital (WDC) trades on the lowest price-to-earnings ratio (Dolby Laboratories (DLB) 26.1x, Western Digital (WDC) 13.9x, Advanced Micro Devices (AMD) 142.1x). On next year's consensus earnings, Dolby Laboratories (DLB) is cheapest (Dolby Laboratories (DLB) 14.1x, Western Digital (WDC) 14.8x, Advanced Micro Devices (AMD) 72.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Western Digital (WDC) grew revenue fastest over the trailing twelve months: Dolby Laboratories (DLB) +0.6%, Western Digital (WDC) +43.0%, Advanced Micro Devices (AMD) +39.5%.

Which company is more profitable?

Western Digital (WDC) has the highest net margin (Dolby Laboratories (DLB) 16.7%, Western Digital (WDC) 69.2%, Advanced Micro Devices (AMD) 15.6%). On return on invested capital, Western Digital (WDC) leads (Western Digital (WDC) 53.8%, Advanced Micro Devices (AMD) 8.0%).

Which stock has performed better?

Over the past year Western Digital (WDC) returned the most: Dolby Laboratories (DLB) -6.3%, Western Digital (WDC) +175.2%, Advanced Micro Devices (AMD) +110.1%. Over five years, Western Digital (WDC) compounded fastest (Dolby Laboratories (DLB) -6.4%/yr, Western Digital (WDC) +53.4%/yr, Advanced Micro Devices (AMD) +34.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Dolby Laboratories (DLB) has the highest dividend yield: Dolby Laboratories (DLB) 0.02%, Western Digital (WDC) 0.00%, Advanced Micro Devices (AMD) 0.00%. Advanced Micro Devices (AMD) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Dolby Laboratories (DLB) has been the steadiest (Dolby Laboratories (DLB) 30.3%, Western Digital (WDC) 81.2%, Advanced Micro Devices (AMD) 68.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, DLB, WDC and AMD?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Western Digital (WDC) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.