Overview Dividends

(DBX) Dropbox - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US26210C1045

Cloud Storage, File Sync, Team Collaboration, E-Sign

EPS (Earnings per Share)

EPS (Earnings per Share) of DBX over the last years for every Quarter: "2020-09": 0.26, "2020-12": 0.28, "2021-03": 0.35, "2021-06": 0.4, "2021-09": 0.37, "2021-12": 0.41, "2022-03": 0.38, "2022-06": 0.38, "2022-09": 0.43, "2022-12": 0.4, "2023-03": 0.42, "2023-06": 0.51, "2023-09": 0.56, "2023-12": 0.5, "2024-03": 0.58, "2024-06": 0.6, "2024-09": 0.6, "2024-12": 0.73, "2025-03": 0.7, "2025-06": 0.71, "2025-09": 0.74,
EPS Growth (3y CAGR): 25.07%
EPS Trend (3y Corr): 95.0%
Last SUE: 3.74σ
Qual. Beats: 7

Revenue

Revenue of DBX over the last years for every Quarter: 2020-09: 487.4, 2020-12: 504.1, 2021-03: 511.6, 2021-06: 530.6, 2021-09: 550.2, 2021-12: 565.5, 2022-03: 562.4, 2022-06: 572.7, 2022-09: 591, 2022-12: 598.8, 2023-03: 611.1, 2023-06: 622.5, 2023-09: 633, 2023-12: 635, 2024-03: 631.3, 2024-06: 634.5, 2024-09: 638.8, 2024-12: 643.6, 2025-03: 624.7, 2025-06: 634.4, 2025-09: 634.4,
Revenue Growth (3y CAGR): 2.12%
Revenue Trend (3y Corr): 68.5%
Last SUE: 2.49σ
Qual. Beats: 4
Risk via 10d forecast
Volatility 27.5%
Value at Risk 5%th 44.4%
Relative Tail Risk -1.76%
Reward TTM
Sharpe Ratio 0.30
Alpha -5.07
Character TTM
Hurst Exponent 0.447
Beta 0.878
Beta Downside 0.859
Drawdowns 3y
Max DD 37.39%
Mean DD 13.69%
Median DD 12.82%

Description: DBX Dropbox November 03, 2025

Dropbox, Inc. (NASDAQ:DBX) operates a cloud-based content collaboration platform that lets individuals, families, teams, and organizations store, share, and co-edit files. Users can sign up for free and upgrade to paid plans that unlock premium features such as advanced admin controls, increased storage, and integrated e-signatures. The service is deployed across a broad set of verticals-including professional services, technology, media, education, industrial, consumer-retail, and financial services-and is headquartered in San Francisco, California.

Key recent metrics: FY 2023 revenue reached $2.2 billion, with subscription revenue growing ≈ 14 % YoY and an annual churn rate of roughly 4 % among paid users. The company’s operating margin has improved to about 10 % as it scales enterprise contracts, while the broader cloud-storage market is projected to expand at a CAGR of ≈ 15 % through 2028, driven by remote-work adoption and AI-enhanced workflow automation. Competitive pressure remains high from integrated suites such as Google Drive and Microsoft OneDrive, prompting Dropbox to double-down on AI-driven collaboration tools and tighter security integrations.

If you want a data-rich, side-by-side comparison of Dropbox’s valuation and growth outlook versus its peers, the analyst dashboards on ValueRay provide a useful next step for deeper research.

DBX Stock Overview

Market Cap in USD 7,611m
Sub-Industry Application Software
IPO / Inception 2018-03-23
Return 12m vs S&P 500 -1.66%
Analyst Rating 2.83 of 5

DBX Dividends

Currently no dividends paid

DBX Growth Ratios

Metric Value
CAGR 3y 9.75%
CAGR/Max DD Calmar Ratio 0.26
CAGR/Mean DD Pain Ratio 0.71
Current Volume 5526.7k
Average Volume 3399.8k

Piotroski VR‑10 (Strict, 0-10) 5.5

Net Income (500.7m TTM) > 0 and > 6% of Revenue (6% = 152.2m TTM)
FCFTA 0.33 (>2.0%) and ΔFCFTA -0.25pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue -32.34% (prev -6.17%; Δ -26.17pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.33 (>3.0%) and CFO 930.2m > Net Income 500.7m (YES >=105%, WARN >=100%)
Net Debt (1.77b) to EBITDA (578.2m) ratio: 3.06 <= 3.0 (WARN <= 3.5)
Current Ratio 0.57 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (267.4m) change vs 12m ago -15.49% (target <= -2.0% for YES)
Gross Margin 80.53% (prev 82.43%; Δ -1.90pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 94.45% (prev 98.56%; Δ -4.11pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 7.93 (EBITDA TTM 578.2m / Interest Expense TTM 58.3m) >= 6 (WARN >= 3)

Altman Z'' -5.89

(A) -0.29 = (Total Current Assets 1.08b - Total Current Liabilities 1.90b) / Total Assets 2.80b
(B) -1.30 = Retained Earnings (Balance) -3.63b / Total Assets 2.80b
warn (B) unusual magnitude: -1.30 — check mapping/units
(C) 0.17 = EBIT TTM 462.3m / Avg Total Assets 2.69b
(D) -0.84 = Book Value of Equity -3.63b / Total Liabilities 4.33b
Total Rating: -5.89 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 78.18

1. Piotroski 5.50pt = 0.50
2. FCF Yield 9.28% = 4.64
3. FCF Margin 36.12% = 7.50
4. Debt/Equity -1.96 = -2.50
5. Debt/Ebitda 3.06 = -1.85
6. ROIC - WACC (= 22.96)% = 12.50
7. RoE -40.95% = -2.50
8. Rev. Trend 68.51% = 5.14
9. EPS Trend 94.99% = 4.75

What is the price of DBX shares?

As of November 19, 2025, the stock is trading at USD 29.47 with a total of 5,526,736 shares traded.
Over the past week, the price has changed by -5.26%, over one month by +0.61%, over three months by +5.63% and over the past year by +11.71%.

Is DBX a buy, sell or hold?

Dropbox has received a consensus analysts rating of 2.83. Therefor, it is recommend to hold DBX.
  • Strong Buy: 0
  • Buy: 1
  • Hold: 8
  • Sell: 3
  • Strong Sell: 0

What are the forecasts/targets for the DBX price?

Issuer Target Up/Down from current
Wallstreet Target Price 28.3 -4.1%
Analysts Target Price 28.3 -4.1%
ValueRay Target Price 30.2 2.4%

DBX Fundamental Data Overview November 16, 2025

Market Cap USD = 7.61b (7.61b USD * 1.0 USD.USD)
P/E Trailing = 17.25
P/E Forward = 10.0705
P/S = 3.01
P/B = 29.8101
P/EG = 1.9358
Beta = 0.638
Revenue TTM = 2.54b USD
EBIT TTM = 462.3m USD
EBITDA TTM = 578.2m USD
Long Term Debt = 1.79b USD (from longTermDebt, last quarter)
Short Term Debt = 706.4m USD (from shortLongTermDebt, last quarter)
Debt = 3.00b USD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = 1.77b USD (from netDebt column, last quarter)
Enterprise Value = 9.88b USD (7.61b + Debt 3.00b - CCE 730.7m)
Interest Coverage Ratio = 7.93 (Ebit TTM 462.3m / Interest Expense TTM 58.3m)
FCF Yield = 9.28% (FCF TTM 916.4m / Enterprise Value 9.88b)
FCF Margin = 36.12% (FCF TTM 916.4m / Revenue TTM 2.54b)
Net Margin = 19.74% (Net Income TTM 500.7m / Revenue TTM 2.54b)
Gross Margin = 80.53% ((Revenue TTM 2.54b - Cost of Revenue TTM 494.1m) / Revenue TTM)
Gross Margin QoQ = 79.78% (prev 79.78%)
Tobins Q-Ratio = 3.53 (Enterprise Value 9.88b / Total Assets 2.80b)
Interest Expense / Debt = 0.68% (Interest Expense 20.3m / Debt 3.00b)
Taxrate = 21.25% (33.4m / 157.2m)
NOPAT = 364.1m (EBIT 462.3m * (1 - 21.25%))
Current Ratio = 0.57 (Total Current Assets 1.08b / Total Current Liabilities 1.90b)
Debt / Equity = -1.96 (negative equity) (Debt 3.00b / totalStockholderEquity, last quarter -1.53b)
Debt / EBITDA = 3.06 (Net Debt 1.77b / EBITDA 578.2m)
Debt / FCF = 1.93 (Net Debt 1.77b / FCF TTM 916.4m)
Total Stockholder Equity = -1.22b (last 4 quarters mean from totalStockholderEquity)
RoA = 17.91% (Net Income 500.7m / Total Assets 2.80b)
RoE = -40.95% (negative equity) (Net Income TTM 500.7m / Total Stockholder Equity -1.22b)
RoCE = 81.21% (EBIT 462.3m / Capital Employed (Equity -1.22b + L.T.Debt 1.79b))
RoIC = 29.74% (NOPAT 364.1m / Invested Capital 1.22b)
WACC = 6.79% (E(7.61b)/V(10.61b) * Re(9.25%) + D(3.00b)/V(10.61b) * Rd(0.68%) * (1-Tc(0.21)))
Discount Rate = 9.25% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -11.82%
[DCF Debug] Terminal Value 75.09% ; FCFE base≈890.3m ; Y1≈952.3m ; Y5≈1.16b
Fair Price DCF = 93.46 (DCF Value 16.30b / Shares Outstanding 174.4m; 5y FCF grow 7.78% → 3.0% )
EPS Correlation: 94.99 | EPS CAGR: 25.07% | SUE: 3.74 | # QB: 7
Revenue Correlation: 68.51 | Revenue CAGR: 2.12% | SUE: 2.49 | # QB: 4

Additional Sources for DBX Stock

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