Dropbox Inc (DBX)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 486,200 | 665,700 | 668,600 | 598,100 | 538,700 | 190,900 | 149,500 | 175,900 | 181,300 | 331,900 | 319,900 | 321,400 | 274,400 | -142,400 | -189,700 | -261,300 | -277,000 | 63,000 | 14,400 | -32,400 |
| Total assets | US$ in thousands | 3,325,200 | 2,576,700 | 2,718,500 | 2,797,700 | 3,039,700 | 3,010,600 | 2,938,600 | 2,993,700 | 3,110,100 | 2,702,800 | 2,758,800 | 2,852,000 | 3,091,300 | 3,339,100 | 3,328,100 | 3,307,300 | 2,387,200 | 2,862,300 | 2,742,300 | 2,717,300 |
| Operating ROA | 14.62% | 25.84% | 24.59% | 21.38% | 17.72% | 6.34% | 5.09% | 5.88% | 5.83% | 12.28% | 11.60% | 11.27% | 8.88% | -4.26% | -5.70% | -7.90% | -11.60% | 2.20% | 0.53% | -1.19% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $486,200K ÷ $3,325,200K
= 14.62%
Dropbox Inc's operating return on assets (operating ROA) has shown fluctuations over the past few quarters. The performance indicator was negative in the earlier periods, with values ranging from -1.19% to -11.60%, suggesting that the company was not efficiently generating operating returns relative to its asset base during those periods.
However, there has been a notable improvement in the operating ROA from the end of 2021 onwards. The metric turned positive and exhibited an increasing trend, reaching 14.62% by the end of December 2024. This indicates that Dropbox has been able to enhance its operating efficiency and generate higher returns from its assets.
The significant upturn in the operating ROA from the second half of 2023 onwards, with values surpassing 20% in the latest quarters, reflects improved operational performance and efficiency in utilizing assets to drive profitability.
Overall, the positive trend in Dropbox Inc's operating ROA from the latter part of 2021 till the end of 2024 indicates an enhancement in the company's operational effectiveness and the ability to generate higher returns relative to its asset base.
Peer comparison
Dec 31, 2024