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Side-by-side financial comparison of Dolby Laboratories, Inc. (DLB) and NATIONAL HEALTHCARE CORP (NHC). Click either name above to swap in a different company.

Dolby Laboratories, Inc. is the larger business by last-quarter revenue ($395.6M vs $386.5M, roughly 1.0× NATIONAL HEALTHCARE CORP). Dolby Laboratories, Inc. runs the higher net margin — 24.0% vs 6.4%, a 17.6% gap on every dollar of revenue. On growth, Dolby Laboratories, Inc. posted the faster year-over-year revenue change (7.1% vs 4.6%). Over the past eight quarters, NATIONAL HEALTHCARE CORP's revenue compounded faster (14.0% CAGR vs 13.9%).

Dolby Laboratories, Inc. is an American technology corporation specializing in audio noise reduction, audio encoding/compression, spatial audio, and high-dynamic-range television (HDR) imaging. Dolby licenses its technologies to consumer electronics manufacturers.

HCA Healthcare, Inc. is an American global for-profit operator of health care facilities that was founded in 1968. It is based in Nashville, Tennessee, and, as of May 2020, owned and operated 186 hospitals and approximately 2,400 sites of care, including surgery centers, freestanding emergency rooms, urgent care centers and physician clinics in 20 states and the United Kingdom. As of 2024, HCA Healthcare is ranked #61 on the Fortune 500 rankings of the largest United States corporations by to...

DLB vs NHC — Head-to-Head

Bigger by revenue
DLB
DLB
1.0× larger
DLB
$395.6M
$386.5M
NHC
Growing faster (revenue YoY)
DLB
DLB
+2.4% gap
DLB
7.1%
4.6%
NHC
Higher net margin
DLB
DLB
17.6% more per $
DLB
24.0%
6.4%
NHC
Faster 2-yr revenue CAGR
NHC
NHC
Annualised
NHC
14.0%
13.9%
DLB

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
DLB
DLB
NHC
NHC
Revenue
$395.6M
$386.5M
Net Profit
$94.9M
$24.8M
Gross Margin
88.7%
Operating Margin
28.5%
8.6%
Net Margin
24.0%
6.4%
Revenue YoY
7.1%
4.6%
Net Profit YoY
3.4%
308.6%
EPS (diluted)
$0.99
$1.58

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DLB
DLB
NHC
NHC
Q2 26
$395.6M
Q1 26
$346.7M
Q4 25
$346.7M
$386.5M
Q3 25
$307.0M
$382.7M
Q2 25
$315.5M
$374.9M
Q1 25
$369.6M
$373.7M
Q4 24
$357.0M
$369.4M
Q3 24
$304.8M
$340.2M
Net Profit
DLB
DLB
NHC
NHC
Q2 26
$94.9M
Q1 26
$53.3M
Q4 25
$53.3M
$24.8M
Q3 25
$49.3M
$39.2M
Q2 25
$46.1M
$23.7M
Q1 25
$91.8M
$32.2M
Q4 24
$67.8M
$6.1M
Q3 24
$58.6M
$42.8M
Gross Margin
DLB
DLB
NHC
NHC
Q2 26
88.7%
Q1 26
87.5%
Q4 25
87.5%
Q3 25
87.1%
Q2 25
86.1%
Q1 25
90.3%
Q4 24
88.6%
Q3 24
88.8%
Operating Margin
DLB
DLB
NHC
NHC
Q2 26
28.5%
Q1 26
17.9%
Q4 25
17.9%
8.6%
Q3 25
9.7%
7.9%
Q2 25
15.1%
9.1%
Q1 25
29.2%
8.2%
Q4 24
22.4%
7.8%
Q3 24
15.2%
6.7%
Net Margin
DLB
DLB
NHC
NHC
Q2 26
24.0%
Q1 26
15.4%
Q4 25
15.4%
6.4%
Q3 25
16.1%
10.3%
Q2 25
14.6%
6.3%
Q1 25
24.8%
8.6%
Q4 24
19.0%
1.6%
Q3 24
19.2%
12.6%
EPS (diluted)
DLB
DLB
NHC
NHC
Q2 26
$0.99
Q1 26
$0.55
Q4 25
$0.55
$1.58
Q3 25
$0.50
$2.50
Q2 25
$0.48
$1.52
Q1 25
$0.94
$2.07
Q4 24
$0.70
$0.38
Q3 24
$0.59
$2.73

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DLB
DLB
NHC
NHC
Cash + ST InvestmentsLiquidity on hand
$594.7M
$92.8M
Total DebtLower is stronger
$40.0M
Stockholders' EquityBook value
$2.6B
$1.1B
Total Assets
$3.2B
$1.5B
Debt / EquityLower = less leverage
0.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DLB
DLB
NHC
NHC
Q2 26
$594.7M
Q1 26
$644.6M
Q4 25
$644.6M
$92.8M
Q3 25
$702.6M
$130.6M
Q2 25
$699.3M
$111.0M
Q1 25
$626.6M
$90.4M
Q4 24
$520.8M
$76.1M
Q3 24
$482.0M
$84.8M
Total Debt
DLB
DLB
NHC
NHC
Q2 26
Q1 26
Q4 25
$40.0M
Q3 25
$73.1M
Q2 25
$110.0M
Q1 25
$134.0M
Q4 24
$137.0M
Q3 24
$147.0M
Stockholders' Equity
DLB
DLB
NHC
NHC
Q2 26
$2.6B
Q1 26
$2.6B
Q4 25
$2.6B
$1.1B
Q3 25
$2.6B
$1.1B
Q2 25
$2.6B
$1.0B
Q1 25
$2.6B
$1.0B
Q4 24
$2.5B
$980.2M
Q3 24
$2.5B
$983.5M
Total Assets
DLB
DLB
NHC
NHC
Q2 26
$3.2B
Q1 26
$3.2B
Q4 25
$3.2B
$1.5B
Q3 25
$3.2B
$1.6B
Q2 25
$3.2B
$1.6B
Q1 25
$3.2B
$1.5B
Q4 24
$3.2B
$1.5B
Q3 24
$3.1B
$1.6B
Debt / Equity
DLB
DLB
NHC
NHC
Q2 26
Q1 26
Q4 25
0.04×
Q3 25
0.07×
Q2 25
0.11×
Q1 25
0.13×
Q4 24
0.14×
Q3 24
0.15×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DLB
DLB
NHC
NHC
Operating Cash FlowLast quarter
$147.3M
$16.8M
Free Cash FlowOCF − Capex
$6.4M
FCF MarginFCF / Revenue
1.7%
Capex IntensityCapex / Revenue
2.7%
Cash ConversionOCF / Net Profit
1.55×
0.68×
TTM Free Cash FlowTrailing 4 quarters
$148.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DLB
DLB
NHC
NHC
Q2 26
$147.3M
Q1 26
$54.8M
Q4 25
$54.8M
$16.8M
Q3 25
$472.2M
$66.2M
Q2 25
$67.7M
$62.8M
Q1 25
$174.9M
$39.3M
Q4 24
$106.8M
$12.8M
Q3 24
$327.3M
$34.2M
Free Cash Flow
DLB
DLB
NHC
NHC
Q2 26
Q1 26
Q4 25
$50.2M
$6.4M
Q3 25
$435.9M
$56.5M
Q2 25
$61.3M
$52.6M
Q1 25
$168.0M
$33.1M
Q4 24
$100.0M
$4.6M
Q3 24
$297.2M
$28.6M
FCF Margin
DLB
DLB
NHC
NHC
Q2 26
Q1 26
Q4 25
14.5%
1.7%
Q3 25
142.0%
14.8%
Q2 25
19.4%
14.0%
Q1 25
45.5%
8.9%
Q4 24
28.0%
1.3%
Q3 24
97.5%
8.4%
Capex Intensity
DLB
DLB
NHC
NHC
Q2 26
Q1 26
Q4 25
1.3%
2.7%
Q3 25
11.8%
2.5%
Q2 25
2.0%
2.7%
Q1 25
1.9%
1.6%
Q4 24
1.9%
2.2%
Q3 24
9.8%
1.7%
Cash Conversion
DLB
DLB
NHC
NHC
Q2 26
1.55×
Q1 26
1.03×
Q4 25
1.03×
0.68×
Q3 25
9.57×
1.69×
Q2 25
1.47×
2.65×
Q1 25
1.91×
1.22×
Q4 24
1.57×
2.10×
Q3 24
5.59×
0.80×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DLB
DLB

Licensing$372.2M94%
Products and services$23.4M6%

NHC
NHC

Inpatient Services Segment$333.7M86%
Homecare Services Segment$40.0M10%
Other$11.2M3%
National$1.6M0%

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