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Dropbox (DBX) Financials

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$28.41 -0.18 (-0.63%)
Closing price 05/27/2025 04:00 PM Eastern
Extended Trading
$28.29 -0.12 (-0.43%)
As of 04:01 AM Eastern
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Annual Income Statements for Dropbox

Annual Income Statements for Dropbox

This table shows Dropbox's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016
Net Income / (Loss) Attributable to Common Shareholders
452 454 553 336 -256 -53 -485 -112 -210
Consolidated Net Income / (Loss)
452 454 553 336 -256 -53 -485 -112 -210
Net Income / (Loss) Continuing Operations
452 454 553 336 -256 -53 -485 -112 -210
Total Pre-Tax Income
510 554 193 299 -250 -52 -480 -112 -205
Total Operating Income
486 539 181 274 -277 -81 -494 -114 -194
Total Gross Profit
2,103 2,023 1,881 1,714 1,499 1,250 997 738 454
Total Revenue
2,548 2,502 2,325 2,158 1,914 1,661 1,392 1,107 845
Operating Revenue
2,548 2,502 2,325 2,158 1,914 1,661 1,392 1,107 845
Total Cost of Revenue
445 479 444 444 415 411 395 369 391
Operating Cost of Revenue
445 479 444 444 415 411 395 369 391
Total Operating Expenses
1,617 1,484 1,699 1,439 1,776 1,331 1,491 852 648
Selling, General & Admin Expense
241 237 223 225 228 245 283 157 107
Marketing Expense
461 466 409 428 423 423 440 314 251
Research & Development Expense
915 937 892 756 728 662 768 380 290
Impairment Charge
0.10 -155 175 - 398 0.00 0.00 - -
Total Other Income / (Expense), net
24 16 11 25 27 29 14 2.20 -12
Interest & Investment Income
14 19 3.30 -5.20 1.70 13 7.10 -11 -16
Other Income / (Expense), net
9.70 -3.70 8.10 30 25 16 6.80 13 4.90
Income Tax Expense
58 101 -361 -37 6.10 0.70 4.80 0.20 5.20
Basic Earnings per Share
$1.42 $1.33 $1.53 $0.87 ($0.62) ($0.13) ($1.35) ($0.57) ($1.11)
Weighted Average Basic Shares Outstanding
318.20M 341.20M 361.20M 388M 414.30M 411.60M 358.60M 195.90M 189.10M
Diluted Earnings per Share
$1.40 $1.31 $1.52 $0.85 ($0.62) ($0.13) ($1.35) ($0.57) ($1.11)
Weighted Average Diluted Shares Outstanding
323.40M 345.60M 363.30M 395.80M 414.30M 411.60M 358.60M 195.90M 189.10M
Weighted Average Basic & Diluted Shares Outstanding
301.75M 343.98M 357.86M 381.65M 414.30M 411.60M 358.60M 195.90M 189.10M

Quarterly Income Statements for Dropbox

This table shows Dropbox's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders
103 107 111 132 227 114 43 69 328 83
Consolidated Net Income / (Loss)
103 107 111 132 227 114 43 69 328 83
Net Income / (Loss) Continuing Operations
103 107 111 132 227 114 43 69 328 83
Total Pre-Tax Income
92 133 134 151 272 136 59 88 -78 98
Total Operating Income
88 128 127 144 267 131 57 84 -80 89
Total Gross Profit
523 527 528 526 513 513 502 494 483 481
Total Revenue
644 639 635 631 635 633 623 611 599 591
Operating Revenue
644 639 635 631 635 633 623 611 599 591
Total Cost of Revenue
121 112 107 106 122 120 120 117 116 110
Operating Cost of Revenue
121 112 107 106 122 120 120 117 116 110
Total Operating Expenses
435 400 401 382 246 383 446 410 563 392
Selling, General & Admin Expense
63 63 61 54 61 60 60 56 57 57
Marketing Expense
129 111 113 109 120 106 121 119 105 104
Research & Development Expense
243 226 227 219 222 216 263 235 239 228
Total Other Income / (Expense), net
4.50 4.90 6.60 7.60 4.90 4.80 2.50 3.50 2.00 8.90
Interest & Investment Income
-1.90 3.80 4.70 7.30 6.80 5.00 3.70 3.90 3.50 1.70
Other Income / (Expense), net
6.40 1.10 1.90 0.30 -1.90 -0.20 -1.20 -0.40 -1.50 7.20
Income Tax Expense
-10 26 23 19 45 21 16 19 -407 15
Basic Earnings per Share
$0.34 $0.34 $0.34 $0.40 $0.66 $0.34 $0.13 $0.20 $0.91 $0.23
Weighted Average Basic Shares Outstanding
318.20M 314.50M 322.40M 334.80M 341.20M 339.20M 341.40M 347.10M 361.20M 358.10M
Diluted Earnings per Share
$0.33 $0.34 $0.34 $0.39 $0.65 $0.33 $0.13 $0.20 $0.91 $0.23
Weighted Average Diluted Shares Outstanding
323.40M 316.40M 323.70M 340.70M 345.60M 346M 343.80M 348.80M 363.30M 360.10M
Weighted Average Basic & Diluted Shares Outstanding
301.75M 309.73M 325.42M 330.19M 343.98M 345.76M 347.80M 349.67M 357.86M 362.74M

Annual Cash Flow Statements for Dropbox

This table details how cash moves in and out of Dropbox's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016
Net Change in Cash & Equivalents
746 382 -300 218 -236 32 92 77 -4.20
Net Cash From Operating Activities
894 784 797 730 571 529 425 330 253
Net Cash From Continuing Operating Activities
894 784 797 730 571 529 425 330 253
Net Income / (Loss) Continuing Operations
452 454 553 336 -256 -53 -485 -112 -210
Consolidated Net Income / (Loss)
452 454 553 336 -256 -53 -485 -112 -210
Depreciation Expense
137 170 157 151 159 174 167 182 192
Amortization Expense
35 43 44 36 25 18 12 6.60 3.70
Non-Cash Adjustments To Reconcile Net Income
372 199 486 350 666 300 648 172 149
Changes in Operating Assets and Liabilities, net
-102 -81 -443 -143 -23 90 83 81 119
Net Cash From Investing Activities
444 395 -49 -525 -234 -320 -634 -24 -118
Net Cash From Continuing Investing Activities
444 395 -49 -525 -234 -320 -634 -24 -118
Purchase of Property, Plant & Equipment
-23 -24 -34 -22 -80 -136 -63 -25 -115
Acquisitions
-58 -0.30 -77 -147 -0.20 -176 -3.00 -0.80 -8.50
Purchase of Investments
-62 -209 -571 -1,138 -756 -775 -850 0.00 -
Divestitures
0.00 0.00 11 0.00 26 - - - -
Sale and/or Maturity of Investments
555 605 603 742 559 751 284 0.00 0.00
Other Investing Activities, net
31 24 20 40 17 16 -1.00 2.20 5.70
Net Cash From Financing Activities
-587 -799 -1,042 16 -578 -177 301 -232 -135
Net Cash From Continuing Financing Activities
-587 -799 -1,042 16 -578 -177 301 -232 -135
Repayment of Debt
-180 -127 0.00 -24 -0.80 -0.60 -6.50 -142 -143
Repurchase of Common Equity
-1,242 -540 -795 -1,059 -398 0.00 -4.50 -2.50 0.00
Issuance of Debt
1,000 0.00 0.00 1,389 0.00 0.00 - - -
Issuance of Common Equity
0.90 2.50 0.50 210 2.30 2.20 773 0.50 0.00
Other Financing Activities, net
-166 -135 -247 -501 -182 -178 -461 -88 8.80
Effect of Exchange Rate Changes
-5.70 2.40 - -3.10 - - - - -4.30
Cash Interest Paid
15 11 8.20 8.50 9.60 9.80 8.30 11 15
Cash Income Taxes Paid
61 68 28 4.20 5.00 0.60 1.40 3.40 1.50

Quarterly Cash Flow Statements for Dropbox

This table details how cash moves in and out of Dropbox's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents
843 2.50 -34 -66 11 94 178 100 -139 20
Net Cash From Operating Activities
214 274 231 176 200 256 188 140 195 251
Net Cash From Continuing Operating Activities
214 274 231 176 200 256 188 140 195 251
Net Income / (Loss) Continuing Operations
103 107 111 132 227 114 43 69 328 83
Consolidated Net Income / (Loss)
103 107 111 132 227 114 43 69 328 83
Depreciation Expense
38 35 32 31 43 42 43 43 40 39
Amortization Expense
9.10 8.80 8.40 8.60 9.40 11 11 12 12 11
Non-Cash Adjustments To Reconcile Net Income
104 96 83 89 -95 132 73 89 171 115
Changes in Operating Assets and Liabilities, net
-40 27 -4.00 -85 16 -42 18 -73 -356 3.50
Net Cash From Investing Activities
114 153 63 114 -22 10 206 201 -105 7.50
Net Cash From Continuing Investing Activities
114 153 63 114 -22 10 206 201 -105 7.50
Purchase of Property, Plant & Equipment
-3.30 -4.10 -5.90 -9.20 -10 -9.40 -3.00 -1.90 -13 -6.20
Acquisitions
-0.20 -37 - - -0.30 - - - - -
Sale and/or Maturity of Investments
108 182 86 180 72 82 221 230 109 138
Other Investing Activities, net
9.40 12 4.60 5.70 13 2.50 5.40 3.30 6.80 3.30
Net Cash From Financing Activities
524 -431 -327 -353 -172 -169 -217 -241 -234 -233
Net Cash From Continuing Financing Activities
524 -431 -327 -353 -172 -169 -217 -241 -234 -233
Repayment of Debt
-180 - 32 -32 -127 - 32 -32 - -
Repurchase of Common Equity
-353 -349 -260 -279 -106 -104 -154 -175 -174 -171
Issuance of Common Equity
0.60 0.20 - 0.10 0.10 1.20 1.00 0.20 0.10 0.10
Other Financing Activities, net
56 -83 -99 -41 61 -66 -96 -34 -60 -61
Effect of Exchange Rate Changes
-8.60 6.30 -0.90 -2.50 4.30 - - 0.50 - -6.50

Annual Balance Sheets for Dropbox

This table presents Dropbox's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017
Total Assets
3,325 2,984 3,110 3,091 2,387 2,699 1,694 1,020
Total Current Assets
1,738 1,517 1,490 1,850 1,228 1,243 1,210 518
Cash & Equivalents
1,328 615 233 533 315 551 519 430
Short-Term Investments
266 741 1,111 1,185 806 608 570 0.00
Accounts Receivable
70 69 54 50 43 37 29 29
Prepaid Expenses
74 92 93 82 63 48 92 59
Plant, Property, & Equipment, net
359 309 308 322 339 445 311 342
Total Noncurrent Assets
1,228 1,158 1,312 920 821 1,011 173 160
Goodwill
443 402 403 357 237 235 97 99
Intangible Assets
55 58 88 54 34 47 15 17
Noncurrent Deferred & Refundable Income Taxes
467 460 499 41 - - - -
Other Noncurrent Operating Assets
264 237 322 468 551 729 62 44
Total Liabilities & Shareholders' Equity
3,325 2,984 3,110 3,091 2,387 2,699 1,694 1,020
Total Liabilities
4,078 3,149 3,420 3,385 2,053 1,891 1,017 917
Total Current Liabilities
1,211 1,202 1,197 1,176 1,088 1,015 838 738
Short-Term Debt
10 0.00 - - - - 74 103
Accounts Payable
37 39 39 26 19 41 33 32
Accrued Expenses
143 155 140 141 157 162 165 130
Current Deferred Revenue
728 725 703 672 611 554 485 418
Current Employee Benefit Liabilities
105 109 132 139 114 101 81 56
Other Current Liabilities
188 174 184 199 188 157 - -
Total Noncurrent Liabilities
2,867 1,948 2,223 2,209 966 876 180 179
Long-Term Debt
2,345 1,378 1,374 1,370 0.00 - - -
Capital Lease Obligations
204 169 152 - - - 90 72
Other Noncurrent Operating Liabilities
319 402 697 839 966 876 90 37
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
-752 -166 -309 -294 334 808 677 103
Total Preferred & Common Equity
-752 -166 -309 -294 334 808 677 103
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
-752 -166 -309 -294 334 808 677 103
Common Stock
2,404 2,598 2,512 2,448 2,564 2,531 2,338 533
Retained Earnings
-3,147 -2,742 -2,772 -2,739 -2,241 -1,726 -1,660 -1,050
Accumulated Other Comprehensive Income / (Loss)
-10 -22 -49 -2.60 11 3.30 -1.20 4.20

Quarterly Balance Sheets for Dropbox

This table presents Dropbox's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets
2,577 2,719 2,798 3,011 2,939 2,994 2,703
Total Current Assets
1,046 1,231 1,339 1,467 1,381 1,400 1,580
Cash & Equivalents
518 515 549 604 510 333 372
Short-Term Investments
373 547 627 705 717 920 1,081
Accounts Receivable
70 67 67 64 60 58 50
Prepaid Expenses
85 102 97 94 93 89 77
Plant, Property, & Equipment, net
346 324 315 299 299 307 281
Total Noncurrent Assets
1,185 1,163 1,144 1,245 1,260 1,287 842
Goodwill
443 412 402 401 402 403 353
Intangible Assets
62 56 52 66 74 81 43
Noncurrent Deferred & Refundable Income Taxes
458 462 461 487 491 495 -
Other Noncurrent Operating Assets
222 234 229 291 293 308 447
Total Liabilities & Shareholders' Equity
2,577 2,719 2,798 3,011 2,939 2,994 2,703
Total Liabilities
3,123 3,090 3,075 3,361 3,351 3,359 3,294
Total Current Liabilities
1,202 1,184 1,167 1,197 1,177 1,153 1,156
Accounts Payable
36 38 32 45 44 39 34
Accrued Expenses
147 152 160 151 151 167 137
Current Deferred Revenue
740 743 742 735 735 728 699
Current Employee Benefit Liabilities
91 67 43 86 67 40 102
Other Current Liabilities
189 185 190 180 181 179 184
Total Noncurrent Liabilities
1,921 1,906 1,908 2,164 2,173 2,206 2,138
Long-Term Debt
1,381 1,380 1,379 1,377 1,376 1,375 1,373
Capital Lease Obligations
189 167 164 153 157 155 133
Other Noncurrent Operating Liabilities
352 359 365 634 640 677 631
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
-546 -371 -277 -350 -412 -365 -591
Total Preferred & Common Equity
-546 -371 -277 -350 -412 -365 -591
Total Common Equity
-546 -371 -277 -350 -412 -365 -591
Common Stock
2,455 2,520 2,555 2,561 2,522 2,502 2,439
Retained Earnings
-2,993 -2,873 -2,812 -2,875 -2,896 -2,828 -2,972
Accumulated Other Comprehensive Income / (Loss)
-7.60 -19 -20 -37 -38 -39 -58

Annual Metrics And Ratios for Dropbox

This table displays calculated financial ratios and metrics derived from Dropbox's official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016
Growth Metrics
- - - - - - - - -
Revenue Growth
1.86% 7.60% 7.74% 12.75% 15.21% 19.37% 25.74% 31.01% 0.00%
EBITDA Growth
-10.66% 91.65% -20.69% 827.81% -153.19% 141.23% -450.74% 1,211.94% 0.00%
EBIT Growth
-7.31% 182.47% -37.80% 220.88% -290.54% 86.76% -384.78% 46.71% 0.00%
NOPAT Growth
-2.13% -15.32% 69.06% 258.77% -244.10% 83.70% -334.48% 41.24% 0.00%
Net Income Growth
-0.29% -18.00% 64.74% 231.02% -386.34% 89.13% -334.11% 46.86% 0.00%
EPS Growth
6.87% -13.82% 78.82% 237.10% -376.92% 90.37% -136.84% 48.65% 0.00%
Operating Cash Flow Growth
14.09% -1.71% 9.25% 27.86% 8.00% 24.24% 28.79% 30.76% 0.00%
Free Cash Flow Firm Growth
-15.46% 4,823.40% -96.38% -33.31% 434.65% 118.19% -441.21% 0.00% 0.00%
Invested Capital Growth
762.86% 119.28% 80.19% 18.51% -124.61% -40.92% -62.83% 0.00% 0.00%
Revenue Q/Q Growth
0.34% 1.47% 1.45% 2.93% 3.13% 4.41% 5.33% 0.00% 0.00%
EBITDA Q/Q Growth
-20.88% 87.28% -30.17% 789.69% -124.81% 3.17% 8.79% 0.00% 0.00%
EBIT Q/Q Growth
-25.66% 185.18% -47.17% 339.20% -387.23% 8.90% 5.03% 0.00% 0.00%
NOPAT Q/Q Growth
-22.52% -15.20% 60.14% 408.85% -444.90% 6.29% 4.87% 0.00% 0.00%
Net Income Q/Q Growth
-21.58% -18.21% 58.28% 349.48% -409.17% 5.22% 5.50% 0.00% 0.00%
EPS Q/Q Growth
-18.60% -16.56% 63.44% 383.33% -426.32% -118.84% 42.31% 0.00% 0.00%
Operating Cash Flow Q/Q Growth
1.53% 0.73% 4.17% -1.08% -2.74% 13.56% 14.11% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth
-17.25% 161.80% -95.84% -34.42% 48.97% 284.53% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth
59.79% 118.99% 76.39% 11.12% -109.89% -30.67% -6.87% 0.00% 0.00%
Profitability Metrics
- - - - - - - - -
Gross Margin
82.53% 80.87% 80.89% 79.42% 78.34% 75.26% 71.64% 66.67% 53.76%
EBITDA Margin
26.22% 29.89% 16.78% 22.80% -3.53% 7.65% -22.15% 7.94% 0.79%
Operating Margin
19.08% 21.53% 7.80% 12.72% -14.47% -4.85% -35.50% -10.27% -22.90%
EBIT Margin
19.46% 21.39% 8.15% 14.11% -13.16% -3.88% -35.01% -9.08% -22.32%
Profit (Net Income) Margin
17.75% 18.13% 23.79% 15.56% -13.39% -3.17% -34.84% -10.09% -24.88%
Tax Burden Percent
88.72% 81.82% 287.08% 112.20% 102.44% 101.35% 101.00% 100.18% 102.54%
Interest Burden Percent
102.80% 103.63% 101.74% 98.29% 99.33% 80.62% 98.54% 110.95% 108.70%
Effective Tax Rate
11.28% 18.18% -187.08% -12.20% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
365.72% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)
369.34% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)
-464.23% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)
-98.52% -190.91% -183.39% 1,683.21% -44.88% -7.10% -124.38% -108.55% 0.00%
Cash Return on Invested Capital (CROIC)
207.26% 1,180.22% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Return on Assets (OROA)
15.72% 17.56% 6.11% 11.12% -9.90% -2.94% -35.90% -9.85% 0.00%
Return on Assets (ROA)
14.34% 14.89% 17.84% 12.26% -10.08% -2.40% -35.73% -10.95% 0.00%
Return on Common Equity (ROCE)
-98.52% -190.91% -183.39% 1,683.21% -44.88% -7.10% -124.38% -108.55% 0.00%
Return on Equity Simple (ROE_SIMPLE)
-60.11% -273.58% -178.80% -114.26% -76.78% -6.52% -71.65% -108.55% 0.00%
Net Operating Profit after Tax (NOPAT)
431 441 520 308 -194 -56 -346 -80 -135
NOPAT Margin
16.93% 17.62% 22.39% 14.27% -10.13% -3.39% -24.85% -7.19% -16.03%
Net Nonoperating Expense Percent (NNEP)
-3.63% -6.90% 39.55% 3.80% -5.47% 0.35% -23.55% -25.12% 0.00%
Return On Investment Capital (ROIC_SIMPLE)
23.89% 31.93% 42.79% - - - - - -
Cost of Revenue to Revenue
17.47% 19.13% 19.11% 20.58% 21.66% 24.74% 28.36% 33.33% 46.24%
SG&A Expenses to Revenue
9.47% 9.48% 9.59% 10.41% 11.90% 14.77% 20.35% 14.21% 12.71%
R&D to Revenue
35.90% 37.44% 38.36% 35.03% 38.01% 39.85% 55.20% 34.36% 34.29%
Operating Expenses to Revenue
63.45% 59.34% 73.10% 66.70% 92.81% 80.11% 107.14% 76.94% 76.67%
Earnings before Interest and Taxes (EBIT)
496 535 189 305 -252 -65 -487 -101 -189
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
668 748 390 492 -68 127 -308 88 6.70
Valuation Ratios
- - - - - - - - -
Price to Book Value (P/BV)
0.00 0.00 0.00 0.00 27.50 9.20 12.27 7.35 0.00
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.00 144.77 14.13 14.68 0.00 0.00
Price to Revenue (P/Rev)
3.65 4.07 3.49 4.47 4.80 4.48 5.97 0.68 0.89
Price to Earnings (P/E)
20.57 22.47 14.67 28.71 0.00 0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
4.86% 4.45% 6.81% 3.48% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
48.57 423.81 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)
4.03 4.15 3.57 4.31 4.21 3.78 5.30 0.45 0.00
Enterprise Value to EBITDA (EV/EBITDA)
15.37 13.89 21.27 18.89 0.00 49.41 0.00 5.69 0.00
Enterprise Value to EBIT (EV/EBIT)
20.71 19.41 43.82 30.51 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
23.80 23.56 15.95 30.18 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
11.48 13.25 10.41 12.73 14.12 11.88 17.35 1.51 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
42.00 35.91 1,413.29 57.33 33.16 138.16 0.00 6.83 0.00
Leverage & Solvency
- - - - - - - - -
Debt to Equity
-3.40 -9.33 -4.93 -4.66 0.00 0.00 0.24 1.69 0.00
Long-Term Debt to Equity
-3.39 -9.33 -4.93 -4.66 0.00 0.00 0.13 0.70 0.00
Financial Leverage
-1.26 -0.78 0.27 -36.82 -2.00 -1.40 -1.52 -2.48 0.00
Leverage Ratio
-6.87 -12.82 -10.28 137.31 4.45 2.96 3.48 9.91 0.00
Compound Leverage Factor
-7.06 -13.29 -10.46 134.96 4.42 2.38 3.43 11.00 0.00
Debt to Total Capital
141.67% 112.01% 125.44% 127.30% 0.00% 0.00% 19.48% 62.88% 0.00%
Short-Term Debt to Total Capital
0.55% 0.00% 0.00% 0.00% 0.00% 0.00% 8.78% 37.05% 0.00%
Long-Term Debt to Total Capital
141.12% 112.01% 125.44% 127.30% 0.00% 0.00% 10.70% 25.83% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
-41.67% -12.01% -25.44% -27.30% 100.00% 100.00% 80.52% 37.12% 0.00%
Debt to EBITDA
3.83 2.07 3.91 2.79 0.00 0.00 -0.53 1.98 0.00
Net Debt to EBITDA
1.44 0.25 0.47 -0.71 0.00 0.00 3.00 -2.91 0.00
Long-Term Debt to EBITDA
3.81 2.07 3.91 2.79 0.00 0.00 -0.29 0.81 0.00
Debt to NOPAT
5.93 3.51 2.93 4.45 0.00 0.00 -0.47 -2.19 0.00
Net Debt to NOPAT
2.23 0.43 0.35 -1.13 0.00 0.00 2.68 3.21 0.00
Long-Term Debt to NOPAT
5.91 3.51 2.93 4.45 0.00 0.00 -0.26 -0.90 0.00
Altman Z-Score
1.49 2.21 1.24 1.75 1.89 2.10 3.66 -0.45 0.00
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - -
Current Ratio
1.44 1.26 1.25 1.57 1.13 1.23 1.45 0.70 0.00
Quick Ratio
1.37 1.19 1.17 1.50 1.07 1.18 1.33 0.62 0.00
Cash Flow Metrics
- - - - - - - - -
Free Cash Flow to Firm (FCFF)
244 289 5.87 162 243 45 -250 73 0.00
Operating Cash Flow to CapEx
3,973.78% 3,225.10% 2,358.88% 3,302.26% 712.61% 388.32% 675.24% 1,305.53% 219.27%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - -
Asset Turnover
0.81 0.82 0.75 0.79 0.75 0.76 1.03 1.09 0.00
Accounts Receivable Turnover
36.64 40.84 44.97 46.41 47.79 50.88 48.07 37.77 0.00
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
7.63 8.10 7.38 6.53 4.88 4.40 4.27 3.24 0.00
Accounts Payable Turnover
11.87 12.41 13.82 20.01 13.96 11.11 12.11 11.56 0.00
Days Sales Outstanding (DSO)
9.96 8.94 8.12 7.87 7.64 7.17 7.59 9.66 0.00
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
30.75 29.41 26.42 18.24 26.15 32.86 30.15 31.56 0.00
Cash Conversion Cycle (CCC)
-20.79 -20.47 -18.30 -10.38 -18.51 -25.69 -22.55 -21.90 0.00
Capital & Investment Metrics
- - - - - - - - -
Invested Capital
211 25 -127 -642 -788 -351 -249 -153 0.00
Invested Capital Turnover
21.60 -48.76 -6.05 -3.02 -3.36 -5.54 -6.93 -14.49 0.00
Increase / (Decrease) in Invested Capital
187 152 515 146 -437 -102 -96 -153 0.00
Enterprise Value (EV)
10,268 10,383 8,300 9,292 8,057 6,279 7,380 500 0.00
Market Capitalization
9,304 10,193 8,118 9,639 9,178 7,438 8,305 756 756
Book Value per Share
($2.43) ($0.48) ($0.85) ($0.75) $0.81 $1.95 $1.66 $0.53 $0.00
Tangible Book Value per Share
($4.04) ($1.81) ($2.21) ($1.79) $0.15 $1.27 $1.39 ($0.07) $0.00
Total Capital
1,806 1,381 1,216 1,076 334 808 841 277 0.00
Total Debt
2,558 1,546 1,526 1,370 0.00 0.00 164 174 0.00
Total Long-Term Debt
2,548 1,546 1,526 1,370 0.00 0.00 90 72 0.00
Net Debt
964 190 182 -348 -1,121 -1,159 -926 -256 0.00
Capital Expenditures (CapEx)
23 24 34 22 80 136 63 25 115
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-1,057 -1,041 -1,050 -1,044 -982 -931 -643 -548 0.00
Debt-free Net Working Capital (DFNWC)
538 315 293 674 140 228 447 -118 0.00
Net Working Capital (NWC)
528 315 293 674 140 228 373 -220 0.00
Net Nonoperating Expense (NNE)
-21 -13 -33 -28 62 -3.65 139 32 75
Net Nonoperating Obligations (NNO)
964 190 182 -348 -1,121 -1,159 -926 -256 0.00
Total Depreciation and Amortization (D&A)
172 213 201 188 184 192 179 188 195
Debt-free, Cash-free Net Working Capital to Revenue
-41.46% -41.61% -45.17% -48.39% -51.29% -56.02% -46.19% -49.48% 0.00%
Debt-free Net Working Capital to Revenue
21.10% 12.60% 12.62% 31.23% 7.30% 13.75% 32.08% -10.63% 0.00%
Net Working Capital to Revenue
20.70% 12.60% 12.62% 31.23% 7.30% 13.75% 26.78% -19.90% 0.00%
Earnings Adjustments
- - - - - - - - -
Adjusted Basic Earnings per Share
$1.42 $1.33 $1.53 $0.87 ($0.62) ($0.13) ($1.35) ($0.57) ($1.11)
Adjusted Weighted Average Basic Shares Outstanding
318.20M 341.20M 361.20M 388M 414.72M 418.85M 411.27M 195.90M 189.10M
Adjusted Diluted Earnings per Share
$1.40 $1.31 $1.52 $0.85 ($0.62) ($0.13) ($1.35) ($0.57) ($1.11)
Adjusted Weighted Average Diluted Shares Outstanding
323.40M 345.60M 363.30M 395.80M 414.72M 418.85M 411.27M 195.90M 189.10M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 ($0.62) ($0.13) ($1.35) ($0.57) ($1.11)
Adjusted Weighted Average Basic & Diluted Shares Outstanding
301.75M 343.98M 357.86M 381.65M 414.30M 411.60M 358.60M 195.90M 189.10M
Normalized Net Operating Profit after Tax (NOPAT)
431 314 250 192 85 -56 -346 -80 -135
Normalized NOPAT Margin
16.93% 12.54% 10.73% 8.90% 4.43% -3.39% -24.85% -7.19% -16.03%
Pre Tax Income Margin
20.01% 22.16% 8.29% 13.87% -13.07% -3.13% -34.50% -10.07% -24.27%
Debt Service Ratios
- - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
274.51% 119.03% 143.78% 315.22% -155.09% 0.00% -0.93% -2.24% 0.00%

Quarterly Metrics And Ratios for Dropbox

This table displays calculated financial ratios and metrics derived from Dropbox's official financial filings.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics
- - - - - - - - - -
Revenue Growth
1.35% 0.92% 1.93% 3.31% 6.05% 7.11% 8.70% 8.66% 5.89% 7.42%
EBITDA Growth
-55.46% -5.36% 55.40% 33.29% 1,138.89% 24.69% -15.74% -4.63% -122.17% 16.44%
EBIT Growth
-64.48% -1.23% 133.09% 71.80% 424.18% 35.23% -30.53% -12.08% -193.92% 24.04%
NOPAT Growth
-56.19% -6.63% 153.91% 89.67% 496.61% 45.47% -36.33% -12.89% -155.21% -1.47%
Net Income Growth
-54.77% -6.49% 155.79% 91.74% -30.76% 37.14% -30.32% -13.43% 163.48% 10.05%
EPS Growth
-49.23% 3.03% 161.54% 95.00% -28.57% 43.48% -23.53% -4.76% 184.38% 21.05%
Operating Cash Flow Growth
6.74% 7.15% 22.92% 25.45% 2.93% 1.79% -10.62% -1.06% 19.61% 8.60%
Free Cash Flow Firm Growth
-224.43% 47.02% 75.61% 80.95% 112.54% -176.97% -4,223.83% -121.34% -1,201.76% -125.51%
Invested Capital Growth
762.86% 202.56% 206.30% 201.47% 119.28% 76.04% 82.76% 79.47% 80.19% 25.44%
Revenue Q/Q Growth
0.75% 0.68% 0.51% -0.58% 0.32% 1.69% 1.87% 2.05% 1.32% 3.20%
EBITDA Q/Q Growth
-18.15% 1.94% -7.67% -42.18% 73.91% 67.40% -20.81% 550.65% -120.87% 13.12%
EBIT Q/Q Growth
-26.84% 0.00% -10.36% -45.84% 103.45% 135.99% -33.93% 202.20% -184.87% 21.23%
NOPAT Q/Q Growth
-4.83% -2.17% -16.40% -43.71% 102.81% 166.04% -37.55% 217.70% -174.39% 16.44%
Net Income Q/Q Growth
-3.66% -3.44% -16.48% -41.80% 99.21% 164.12% -37.39% -78.98% 294.59% 34.19%
EPS Q/Q Growth
-2.94% 0.00% -12.82% -40.00% 96.97% 153.85% -35.00% -78.02% 295.65% 35.29%
Operating Cash Flow Q/Q Growth
-22.03% 18.91% 31.40% -12.38% -21.73% 36.41% 34.10% -28.11% -22.59% 19.77%
Free Cash Flow Firm Q/Q Growth
43.80% -38.51% -117.38% -173.53% 123.93% 36.23% -69.79% 51.59% -428.39% -1,049.51%
Invested Capital Q/Q Growth
59.79% 16.98% 25.95% 266.53% 118.99% -21.24% -20.23% 30.37% 76.39% 12.76%
Profitability Metrics
- - - - - - - - - -
Gross Margin
81.23% 82.55% 83.14% 83.24% 80.79% 81.11% 80.71% 80.89% 80.66% 81.44%
EBITDA Margin
22.00% 27.08% 26.75% 29.11% 50.06% 28.88% 17.54% 22.57% -5.11% 24.81%
Operating Margin
13.66% 20.01% 20.02% 22.73% 42.11% 20.65% 9.08% 13.76% -13.43% 15.11%
EBIT Margin
14.65% 20.18% 20.32% 22.78% 41.81% 20.62% 8.88% 13.70% -13.68% 16.33%
Profit (Net Income) Margin
15.97% 16.70% 17.42% 20.96% 35.80% 18.03% 6.94% 11.29% 54.83% 14.08%
Tax Burden Percent
111.26% 80.41% 82.71% 87.56% 83.47% 84.21% 73.22% 78.77% -418.75% 84.73%
Interest Burden Percent
97.99% 102.95% 103.65% 105.08% 102.56% 103.83% 106.69% 104.66% 95.73% 101.76%
Effective Tax Rate
-11.26% 19.59% 17.29% 12.44% 16.53% 15.79% 26.78% 21.23% 0.00% 15.27%
Return on Invested Capital (ROIC)
328.27% 24,759.44% 12,521.47% 77,216.26% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)
329.14% 24,760.32% 12,522.86% 77,218.33% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)
-413.70% -24,851.47% -12,629.98% -77,374.59% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)
-85.43% -92.03% -108.51% -158.33% -190.91% -117.80% -109.70% -130.96% -183.39% -92.72%
Cash Return on Invested Capital (CROIC)
207.26% 223.30% 304.63% 358.62% 1,180.22% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Return on Assets (OROA)
11.84% 18.34% 18.20% 19.84% 34.33% 17.79% 7.56% 11.12% -10.26% 12.39%
Return on Assets (ROA)
12.90% 15.18% 15.60% 18.25% 29.39% 15.56% 5.90% 9.17% 41.11% 10.68%
Return on Common Equity (ROCE)
-85.43% -92.03% -108.51% -158.33% -190.91% -117.80% -109.70% -130.96% -183.39% -92.72%
Return on Equity Simple (ROE_SIMPLE)
0.00% -105.62% -157.34% -186.47% 0.00% -158.32% -127.14% -148.55% 0.00% -59.11%
Net Operating Profit after Tax (NOPAT)
98 103 105 126 223 110 41 66 -56 76
NOPAT Margin
15.19% 16.09% 16.56% 19.90% 35.15% 17.39% 6.65% 10.84% -9.40% 12.80%
Net Nonoperating Expense Percent (NNEP)
-0.87% -0.88% -1.38% -2.07% -2.20% -2.95% -1.58% -1.78% 464.75% 2.98%
Return On Investment Capital (ROIC_SIMPLE)
5.42% - - - 16.17% - - - -4.63% -
Cost of Revenue to Revenue
18.77% 17.45% 16.86% 16.76% 19.21% 18.89% 19.29% 19.11% 19.34% 18.56%
SG&A Expenses to Revenue
9.77% 9.91% 9.60% 8.57% 9.65% 9.48% 9.64% 9.13% 9.57% 9.61%
R&D to Revenue
37.76% 35.33% 35.79% 34.71% 34.98% 34.19% 42.22% 38.49% 39.83% 38.51%
Operating Expenses to Revenue
67.57% 62.54% 63.12% 60.51% 38.68% 60.46% 71.63% 67.12% 94.09% 66.33%
Earnings before Interest and Taxes (EBIT)
94 129 129 144 266 131 55 84 -82 97
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
142 173 170 184 318 183 109 138 -31 147
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)
3.65 3.26 2.93 3.33 4.07 3.84 3.85 3.26 3.49 3.33
Price to Earnings (P/E)
20.57 14.35 12.70 16.25 22.47 17.08 17.81 14.26 14.67 21.86
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
4.86% 6.97% 7.87% 6.15% 4.45% 5.86% 5.62% 7.01% 6.81% 4.57%
Enterprise Value to Invested Capital (EV/IC)
48.57 67.68 69.88 97.65 423.81 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)
4.03 3.53 3.12 3.48 4.15 3.93 3.97 3.38 3.57 3.36
Enterprise Value to EBITDA (EV/EBITDA)
15.37 10.60 9.25 11.05 13.89 24.27 26.52 20.90 21.27 13.77
Enterprise Value to EBIT (EV/EBIT)
20.71 13.42 11.82 14.74 19.41 51.66 62.70 45.05 43.82 21.46
Enterprise Value to NOPAT (EV/NOPAT)
23.80 16.08 14.01 17.53 23.56 18.65 20.47 15.66 15.95 23.67
Enterprise Value to Operating Cash Flow (EV/OCF)
11.48 10.17 9.17 10.70 13.25 12.46 12.45 10.07 10.41 10.05
Enterprise Value to Free Cash Flow (EV/FCFF)
42.00 30.31 22.94 27.23 35.91 87.75 0.00 47.40 1,413.29 54.45
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
-3.40 -2.87 -4.17 -5.57 -9.33 -4.37 -3.72 -4.19 -4.93 -2.55
Long-Term Debt to Equity
-3.39 -2.87 -4.17 -5.57 -9.33 -4.37 -3.72 -4.19 -4.93 -2.55
Financial Leverage
-1.26 -1.00 -1.01 -1.00 -0.78 -0.29 -0.24 -0.37 0.27 0.67
Leverage Ratio
-6.87 -6.23 -7.22 -9.02 -12.82 -6.07 -5.97 -7.06 -10.28 -8.01
Compound Leverage Factor
-6.73 -6.42 -7.49 -9.47 -13.15 -6.30 -6.37 -7.38 -9.84 -8.16
Debt to Total Capital
141.67% 153.38% 131.58% 121.90% 112.01% 129.69% 136.74% 131.36% 125.44% 164.62%
Short-Term Debt to Total Capital
0.55% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
141.12% 153.38% 131.58% 121.90% 112.01% 129.69% 136.74% 131.36% 125.44% 164.62%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
-41.67% -53.38% -31.58% -21.90% -12.01% -29.69% -36.74% -31.36% -25.44% -64.62%
Debt to EBITDA
3.83 1.86 1.81 1.94 2.07 3.83 4.22 3.99 3.91 2.70
Net Debt to EBITDA
1.44 0.80 0.57 0.46 0.25 0.55 0.84 0.72 0.47 0.09
Long-Term Debt to EBITDA
3.81 1.86 1.81 1.94 2.07 3.83 4.22 3.99 3.91 2.70
Debt to NOPAT
5.93 2.82 2.74 3.08 3.51 2.94 3.26 2.99 2.93 4.63
Net Debt to NOPAT
2.23 1.22 0.86 0.73 0.43 0.43 0.65 0.54 0.35 0.16
Long-Term Debt to NOPAT
5.91 2.82 2.74 3.08 3.51 2.94 3.26 2.99 2.93 4.63
Altman Z-Score
1.09 1.04 1.07 1.38 1.91 1.42 1.26 1.04 0.95 1.01
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
1.44 0.87 1.04 1.15 1.26 1.23 1.17 1.21 1.25 1.37
Quick Ratio
1.37 0.80 0.95 1.07 1.19 1.15 1.09 1.14 1.17 1.30
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-89 -159 -114 -53 72 -299 -469 -276 -571 -108
Operating Cash Flow to CapEx
6,478.79% 6,687.80% 3,908.47% 1,907.61% 2,003.00% 2,722.34% 6,253.33% 7,363.16% 1,508.53% 4,054.84%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.81 0.91 0.90 0.87 0.82 0.86 0.85 0.81 0.75 0.76
Accounts Receivable Turnover
36.64 38.02 39.78 40.58 40.84 43.33 45.30 46.45 44.97 50.59
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
7.63 7.87 8.14 8.11 8.10 8.50 8.15 7.62 7.38 7.31
Accounts Payable Turnover
11.87 11.06 11.07 13.24 12.41 11.87 12.40 14.23 13.82 15.48
Days Sales Outstanding (DSO)
9.96 9.60 9.18 9.00 8.94 8.42 8.06 7.86 8.12 7.22
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
30.75 33.00 32.97 27.56 29.41 30.76 29.44 25.66 26.42 23.58
Cash Conversion Cycle (CCC)
-20.79 -23.40 -23.80 -18.57 -20.47 -22.33 -21.39 -17.80 -18.30 -16.37
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
211 132 113 90 25 -129 -106 -89 -127 -538
Invested Capital Turnover
21.60 1,539.15 756.36 3,879.69 -48.76 -7.39 -6.70 -9.14 -6.05 -3.64
Increase / (Decrease) in Invested Capital
187 261 220 178 152 409 511 343 515 184
Enterprise Value (EV)
10,268 8,954 7,904 8,769 10,383 9,692 9,631 8,014 8,300 7,695
Market Capitalization
9,304 8,275 7,419 8,402 10,193 9,471 9,326 7,737 8,118 7,642
Book Value per Share
($2.43) ($1.68) ($1.12) ($0.83) ($0.48) ($1.01) ($1.18) ($1.02) ($0.85) ($1.60)
Tangible Book Value per Share
($4.04) ($3.23) ($2.54) ($2.18) ($1.81) ($2.35) ($2.54) ($2.37) ($2.21) ($2.67)
Total Capital
1,806 1,023 1,176 1,266 1,381 1,180 1,121 1,165 1,216 915
Total Debt
2,558 1,569 1,547 1,543 1,546 1,530 1,533 1,530 1,526 1,506
Total Long-Term Debt
2,548 1,569 1,547 1,543 1,546 1,530 1,533 1,530 1,526 1,506
Net Debt
964 678 484 367 190 221 306 277 182 53
Capital Expenditures (CapEx)
3.30 4.10 5.90 9.20 10 9.40 3.00 1.90 13 6.20
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-1,057 -1,047 -1,015 -1,004 -1,041 -1,039 -1,024 -1,006 -1,050 -1,030
Debt-free Net Working Capital (DFNWC)
538 -157 47 172 315 270 203 247 293 423
Net Working Capital (NWC)
528 -157 47 172 315 270 203 247 293 423
Net Nonoperating Expense (NNE)
-5.01 -3.94 -5.46 -6.65 -4.09 -4.04 -1.83 -2.76 -385 -7.54
Net Nonoperating Obligations (NNO)
964 678 484 367 190 221 306 277 182 53
Total Depreciation and Amortization (D&A)
47 44 41 40 52 52 54 54 51 50
Debt-free, Cash-free Net Working Capital to Revenue
-41.46% -41.24% -40.06% -39.79% -41.61% -42.13% -42.26% -42.38% -45.17% -44.95%
Debt-free Net Working Capital to Revenue
21.10% -6.17% 1.87% 6.84% 12.60% 10.96% 8.39% 10.41% 12.62% 18.47%
Net Working Capital to Revenue
20.70% -6.17% 1.87% 6.84% 12.60% 10.96% 8.39% 10.41% 12.62% 18.47%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$0.34 $0.34 $0.34 $0.40 $0.66 $0.34 $0.13 $0.20 $0.91 $0.23
Adjusted Weighted Average Basic Shares Outstanding
318.20M 314.50M 322.40M 334.80M 341.20M 339.20M 341.40M 347.10M 361.20M 358.10M
Adjusted Diluted Earnings per Share
$0.33 $0.34 $0.34 $0.39 $0.65 $0.33 $0.13 $0.20 $0.91 $0.23
Adjusted Weighted Average Diluted Shares Outstanding
323.40M 316.40M 323.70M 340.70M 345.60M 346M 343.80M 348.80M 363.30M 360.10M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
301.75M 309.73M 325.42M 330.19M 343.98M 345.76M 347.80M 349.67M 357.86M 362.74M
Normalized Net Operating Profit after Tax (NOPAT)
62 103 105 126 223 110 43 66 -56 79
Normalized NOPAT Margin
9.56% 16.09% 16.56% 19.90% 35.15% 17.39% 6.90% 10.84% -9.40% 13.38%
Pre Tax Income Margin
14.36% 20.77% 21.06% 23.93% 42.88% 21.41% 9.48% 14.33% -13.09% 16.62%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
274.51% 172.42% 128.36% 124.57% 119.03% 109.63% 128.95% 131.04% 143.78% 262.06%

Frequently Asked Questions About Dropbox's Financials

When does Dropbox's financial year end?

According to the most recent income statement we have on file, Dropbox's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Dropbox's net income changed over the last 8 years?

Dropbox's net income appears to be on an upward trend, with a most recent value of $452.30 million in 2024, falling from -$210.20 million in 2016. The previous period was $453.60 million in 2023. Find out what analysts predict for Dropbox in the coming months.

What is Dropbox's operating income?
Dropbox's total operating income in 2024 was $486.20 million, based on the following breakdown:
  • Total Gross Profit: $2.10 billion
  • Total Operating Expenses: $1.62 billion
How has Dropbox revenue changed over the last 8 years?

Over the last 8 years, Dropbox's total revenue changed from $844.80 million in 2016 to $2.55 billion in 2024, a change of 201.6%.

How much debt does Dropbox have?

Dropbox's total liabilities were at $4.08 billion at the end of 2024, a 29.5% increase from 2023, and a 344.7% increase since 2017.

How much cash does Dropbox have?

In the past 7 years, Dropbox's cash and equivalents has ranged from $232.80 million in 2022 to $1.33 billion in 2024, and is currently $1.33 billion as of their latest financial filing in 2024.

How has Dropbox's book value per share changed over the last 8 years?

Over the last 8 years, Dropbox's book value per share changed from 0.00 in 2016 to -2.43 in 2024, a change of -242.9%.



This page (NASDAQ:DBX) was last updated on 5/28/2025 by MarketBeat.com Staff
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