Dropbox, Inc. (DBX)
NASDAQ: DBX · IEX Real-Time Price · USD
22.92
-0.07 (-0.30%)
Apr 15, 2024, 4:00 PM EDT - Market closed

Dropbox Statistics

Total Valuation

Dropbox has a market cap or net worth of $7.88 billion. The enterprise value is $8.56 billion.

Market Cap 7.88B
Enterprise Value 8.56B

Important Dates

The next estimated earnings date is Thursday, May 2, 2024, after market close.

Earnings Date May 2, 2024
Ex-Dividend Date n/a

Share Statistics

Dropbox has 343.98 million shares outstanding. The number of shares has decreased by -4.87% in one year.

Shares Outstanding 343.98M
Shares Change (YoY) -4.87%
Shares Change (QoQ) -0.38%
Owned by Insiders (%) 4.14%
Owned by Institutions (%) 96.66%
Float 251.22M

Valuation Ratios

The trailing PE ratio is 17.50 and the forward PE ratio is 11.27. Dropbox's PEG ratio is 2.08.

PE Ratio 17.50
Forward PE 11.27
PS Ratio 3.15
Forward PS 3.07
PB Ratio n/a
P/FCF Ratio 10.38
PEG Ratio 2.08
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 11.43, with an EV/FCF ratio of 11.27.

EV / Earnings 18.87
EV / Sales 3.42
EV / EBITDA 11.43
EV / EBIT 16.00
EV / FCF 11.27

Financial Position

The company has a current ratio of 1.26

Current Ratio 1.26
Quick Ratio 1.19
Debt / Equity n/a
Debt / EBITDA 2.71
Debt / FCF 2.67
Interest Coverage -27.58

Financial Efficiency

Return on equity (ROE) is -140.30% and return on invested capital (ROIC) is 23.64%.

Return on Equity (ROE) -140.30%
Return on Assets (ROA) 15.20%
Return on Capital (ROIC) 23.64%
Revenue Per Employee $928,927
Profits Per Employee $168,437
Employee Count 2,693
Asset Turnover 0.84
Inventory Turnover n/a

Taxes

In the past 12 months, Dropbox has paid $100.80 million in taxes.

Income Tax 100.80M
Effective Tax Rate 18.18%

Stock Price Statistics

The stock price has increased by +3.95% in the last 52 weeks. The beta is 0.70, so Dropbox's price volatility has been lower than the market average.

Beta (1Y) 0.70
52-Week Price Change +3.95%
50-Day Moving Average 25.64
200-Day Moving Average 27.43
Relative Strength Index (RSI) 29.47
Average Volume (30 Days) 4,186,362

Short Selling Information

The latest short interest is 21.15 million, so 6.15% of the outstanding shares have been sold short.

Short Interest 21.15M
Short Previous Month 19.68M
Short % of Shares Out 6.15%
Short % of Float 8.42%
Short Ratio (days to cover) 4.62

Income Statement

In the last 12 months, Dropbox had revenue of $2.50 billion and earned $453.60 million in profits. Earnings per share was $1.31.

Revenue 2.50B
Gross Profit 2.02B
Operating Income 538.70M
Pretax Income 554.40M
Net Income 453.60M
EBITDA 748.50M
EBIT 535.00M
Earnings Per Share (EPS) $1.31
Full Income Statement

Balance Sheet

The company has $1.36 billion in cash and $2.03 billion in debt, giving a net cash position of -$674.60 million or -$1.96 per share.

Cash & Cash Equivalents 1.36B
Total Debt 2.03B
Net Cash -674.60M
Net Cash Per Share -$1.96
Equity / Book Value -165.80M
Book Value Per Share -0.48
Working Capital 315.10M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $783.70 million and capital expenditures -$24.30 million, giving a free cash flow of $759.40 million.

Operating Cash Flow 783.70M
Capital Expenditures -24.30M
Free Cash Flow 759.40M
FCF Per Share $2.23
Full Cash Flow Statement

Margins

Gross margin is 80.87%, with operating and profit margins of 21.53% and 18.13%.

Gross Margin 80.87%
Operating Margin 21.53%
Pretax Margin 22.16%
Profit Margin 18.13%
EBITDA Margin 29.92%
EBIT Margin 21.39%
FCF Margin 30.36%

Dividends & Yields

Dropbox does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield 4.87%
Shareholder Yield 4.87%
Earnings Yield 5.75%
FCF Yield 9.63%
Dividend Details

Analyst Forecast

The average price target for Dropbox is $30.57, which is 33.38% higher than the current price. The consensus rating is "Hold".

Price Target $30.57
Price Target Difference 33.38%
Analyst Consensus Hold
Analyst Count 8
Revenue Growth Forecast (5Y) 6.43%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Dropbox has an Altman Z-Score of 1.77 and a Piotroski F-Score of 8. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.77
Piotroski F-Score 8