Dropbox Inc (DBX)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 486,200 | 538,700 | 181,300 | 274,400 | -277,000 |
| Total assets | US$ in thousands | 3,325,200 | 2,983,500 | 3,110,100 | 3,091,300 | 2,387,200 |
| Operating ROA | 14.62% | 18.06% | 5.83% | 8.88% | -11.60% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $486,200K ÷ $3,325,200K
= 14.62%
Dropbox Inc's operating return on assets (operating ROA) has exhibited variations over the years. The operating ROA was negative at -11.60% as of December 31, 2020, indicating that the company faced challenges in generating operating income relative to its total assets. Subsequently, the operating ROA improved significantly to 8.88% by December 31, 2021, suggesting better efficiency in utilizing its assets to generate operating profits.
However, there was a slight decrease in operating ROA to 5.83% by December 31, 2022, indicating a potential decline in operational effectiveness. The trend reversed in the following years, with operating ROA rising to 18.06% by December 31, 2023, and further to 14.62% by December 31, 2024. These increases denote improved profitability relative to the assets employed by the company in its operations.
Overall, the fluctuating operating ROA of Dropbox Inc reflects the company's varying performance in generating operating income in relation to its assets. The positive trend in recent years indicates a potential improvement in operational efficiency and profitability.
Peer comparison
Dec 31, 2024