Dropbox, Inc.
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Dropbox, Inc.'s yearly results (2022–2025), compared with Technology companies in United States. Tap ? on any ratio for what it means.
What stands out
- Self-Funding Ratio: Over the last 3 years its own operating cash covered its investment spending (capex) 38.3 times. Higher than 97% of Technology companies in United States.
- Cash Cushion Ratio: Debt, after subtracting cash, equals 31% of its market value (net debt). Lower than 85% of Technology companies in United States.
Where $100 of sales goes
Latest year (Dec 2025). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
$186Over the last 3 years, every $100 of reported profit came with $186 of operating cash.
Higher than 62% of Technology companies in United States.
Self-Funding Ratio
38.3×Over the last 3 years its own operating cash covered its investment spending (capex) 38.3 times.
Higher than 97% of Technology companies in United States.
Cash Locked Ratio
—Data incomplete
Growth quality
Steadiness Ratio
2/3 · 1/3Sales grew in 2 of the last 3 years; profit grew in 1 of 3.
Less steady than 66% of Technology companies in United States.
Growth Efficiency Ratio
−$23Sales grew 8% in 3 years, but profit fell: $23 less profit per $100 of extra sales.
Lower than 82% of Technology companies in United States.
Asset Productivity Ratio
+8% / -9%In 3 years sales changed by +8% while total assets changed by -9%. Sales grew faster than assets.
Balance-sheet strength
Debt Due Cover Ratio
1.3×Debt due within a year is covered 1.3 times by its yearly operating cash.
Lower than 58% of Technology companies in United States.
Cash Cushion Ratio
−31%Debt, after subtracting cash, equals 31% of its market value (net debt).
Lower than 85% of Technology companies in United States.
Tangible Assets Ratio
83%Of every $100 the company owns, $83 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
More tangible than 58% of Technology companies in United States.
Tangible Net Worth Ratio
—Data incomplete
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (12)
Dropbox, Inc. owes $1.77 for every $1 it owns. Net profit rose 12% in the year to Dec 2025, and shrank 3% a year on average over 3 years.
Compared with Technology companies in United States · latest annual results Dec 2025.
P/E ratio
20.7Investors pay $20.7 for every $1 of Dropbox, Inc.'s yearly profit, lower than 71% of Technology companies in United States.
P/B ratio
-3.72Dropbox, Inc.'s book value is negative (it owes more than it owns), so P/B is not meaningful.
Market cap
$8.1 BThe total market value of all of Dropbox, Inc.'s shares at today's price (share price × number of shares), larger than 75% of Technology companies in United States. PosiCap size class: Meso Cap.
Net worth (book value)
NegativeDropbox, Inc.'s net worth is negative ($2.2 B below zero, balance sheet 30 Jun 2026): it owes more than it owns, so book value per share and P/B are not meaningful.
Owes vs Owns
1.77×Dropbox, Inc. owes $1.77 for every $1 it owns, so it owes more than it owns, higher than 98% of Technology companies in United States.
Dividend yield
NoneDropbox, Inc. does not currently pay a dividend.
Revenue growth
-1%Revenue fell 1% in the year to Dec 2025, and grew 3% a year on average over 3 years.
Profit growth
+12%Net profit rose 12% in the year to Dec 2025, and shrank 3% a year on average over 3 years.
Profit margin
20.2%Dropbox, Inc. keeps $20 of every $100 of revenue as net profit.
Cash quality
1.9×Cash from Dropbox, Inc.'s business was 1.9× its reported profit in the year to Dec 2025 — its profit turned into cash.
Interest cover
8.8×Dropbox, Inc.'s operating profit covered its interest costs 8.8 times in the year to Dec 2025.
Cash vs debt
Net debtDropbox, Inc. had $2.5 B more debt than cash (net debt) at Dec 2025.
Questions
What is Dropbox, Inc.'s P/E ratio?
Investors pay $20.7 for every $1 of Dropbox, Inc.'s yearly profit, lower than 71% of Technology companies in United States.
How much does Dropbox, Inc. owe compared with what it owns?
Dropbox, Inc. owes $1.77 for every $1 it owns, so it owes more than it owns, higher than 98% of Technology companies in United States.
Does Dropbox, Inc. pay a dividend?
No. Dropbox, Inc. does not currently pay a dividend.
Is Dropbox, Inc.'s revenue growing?
Revenue fell 1% in the year to Dec 2025, and grew 3% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.