Dropbox, Inc.
DBX Technology Software Infrastructure
Dropbox, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.5 billion, down 1.07% from fiscal 2024.
- Revenue
- +0.93%
- EPS
- −6.52%
- Free cash flow
- −10.3%
- Total debt
- +35.3%
Quarter to June 2026, against a year earlier
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Dropbox, Inc. (DBX) Price to free cash flow
As of 3 November 2026, Dropbox, Inc. (DBX) trades at a price to free cash flow of 8.2×. Over the past ten years it has ranged from 5.3× (April 2026) to 43.3× (August 2018); the current reading is higher than 10% of that period. That is below the Software Infrastructure industry median of 17.3× and below the Technology sector median of 20.0×.
Price to free cash flow, daily
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Annual newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| FY2025 | 8.0× | (26.92%) |
| FY2024 | 11.0× | (16.17%) |
| FY2023 | 13.1× | 20.38% |
| FY2022 | 10.9× | (20.55%) |
| FY2021 | 13.7× | (27.71%) |
| FY2020 | 18.9× | (0.47%) |
| FY2019 | 19.0× | (6.85%) |
| FY2018 | 20.4× | 11.30% |
| FY2017 | 18.3× | 0.00% |
| FY2016 | 18.3× | 0.00% |
Quarterly newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| Jun 2026 | 6.5× | 18.78% |
| Mar 2026 | 5.5× | (32.01%) |
| Dec 2025 | 8.0× | (6.90%) |
| Sep 2025 | 8.6× | (1.38%) |
| 34 more quarters | Free account |
Against its own ten years
Price to free cash flow against peers
| Company | Price to free cash flow |
|---|---|
| NTSK Netskope Inc. compare | n/m |
| PAYP PayPay Corporation compare | n/m |
| DBX Dropbox, Inc. | 8.2× |
| DOX Amdocs Limited compare | 10.1× |
| PATH UiPath, Inc. compare | 18.9× |
| QLYS Qualys, Inc. compare | 24.2× |
| ZETA Zeta Global Holdings Corp. compare | 37.6× |
| GTLB GitLab Inc. compare | 41.4× |
| S SentinelOne, Inc. compare | 256× |
| Software Infrastructure industry median | 17.3× |
| Technology sector median | 20.0× |
| Market median | 14.2× |
What Price to free cash flow is
Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.
Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))
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- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
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- Piotroski F-score
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