Dropbox Inc (DBX)

Pretax margin

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 554,400 203,700 166,400 186,500 192,700 356,900 334,800 346,700 299,300 -132,000 -174,500 -243,600 -250,200 92,900 43,900 1,200 -52,000 -57,000 -47,600 -29,800
Revenue (ttm) US$ in thousands 2,501,200 2,468,800 2,433,900 2,382,200 2,335,500 2,303,700 2,255,600 2,216,900 2,163,200 2,076,300 2,014,200 1,949,500 1,922,000 1,858,000 1,793,900 1,723,900 1,622,000 1,587,000 1,520,200 1,459,100
Pretax margin 22.17% 8.25% 6.84% 7.83% 8.25% 15.49% 14.84% 15.64% 13.84% -6.36% -8.66% -12.50% -13.02% 5.00% 2.45% 0.07% -3.21% -3.59% -3.13% -2.04%

December 31, 2023 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $554,400K ÷ $2,501,200K
= 22.17%

Dropbox Inc's pretax margin fluctuated over the past eight quarters, with the highest pretax margin recorded in Q4 2023 at 22.16% and the lowest in Q2 2023 at 6.87%. Overall, there appears to be some variability in the company's ability to generate profits before taxes, with some quarters showing stronger performance compared to others. It is important for stakeholders to closely monitor Dropbox's pretax margin trend to assess the company's profitability and financial health.