Dropbox Inc (DBX)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 452,300 | 453,600 | 553,200 | 335,800 | -256,300 |
| Revenue | US$ in thousands | 2,548,200 | 2,501,600 | 2,324,900 | 2,157,900 | 1,913,900 |
| Net profit margin | 17.75% | 18.13% | 23.79% | 15.56% | -13.39% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $452,300K ÷ $2,548,200K
= 17.75%
Dropbox Inc's net profit margin has shown significant fluctuations over the years, ranging from a negative margin of -13.39% in December 2020 to a high of 23.79% in December 2022. The company saw a notable improvement in profitability from 2020 to 2022, with a sharp increase in net profit margin. However, by December 2024, the net profit margin had slightly decreased to 17.75%. Overall, the trend indicates variability in profitability, with periods of both growth and slight decline. It is essential for Dropbox Inc to maintain efficient cost management and revenue generation strategies to sustain and potentially enhance its profit margin in the future.
Peer comparison
Dec 31, 2024