Dropbox Inc (DBX)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 80.89% | 80.73% | 80.57% | 80.83% | 80.53% | 80.19% | 79.99% | 79.43% | 79.22% | 80.06% | 79.85% | 79.49% | 78.01% | 77.62% | 77.00% | 76.28% | 77.08% | 75.03% | 74.82% | 74.60% |
| Operating profit margin | 21.54% | 7.73% | 6.14% | 7.38% | 7.76% | 14.41% | 14.18% | 14.50% | 12.68% | -6.86% | -9.42% | -13.40% | -14.41% | 3.39% | 0.80% | -1.88% | -4.96% | -5.41% | -5.01% | -3.39% |
| 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% |
| Net profit margin | 18.14% | 22.46% | 21.52% | 22.77% | 23.69% | 15.17% | 15.16% | 16.60% | 15.52% | -6.48% | -8.81% | -12.72% | -13.34% | 4.46% | 1.85% | -0.33% | -3.25% | -3.50% | -2.92% | -1.86% |
Dropbox Inc has maintained relatively stable gross profit margins over the past eight quarters, ranging between 80.16% and 81.12%. This indicates that the company has been able to effectively control its cost of goods sold and generate consistent profits on its products or services.
In terms of operating profit margin, there has been some fluctuation with the highest margin in Q1 2023 at 15.79% and the lowest in Q2 2023 at 13.13%. This suggests that there may have been variations in operating expenses impacting the company's ability to generate profits from its core business operations.
The pretax margin has seen significant variability, ranging from 6.87% in Q2 2023 to 22.16% in Q4 2023. This indicates fluctuations in non-operating income or expenses that are impacting the company's overall profitability before taxes.
On the other hand, the net profit margin has also shown variability with the lowest margin in Q3 2022 at 15.19% and the highest in Q4 2022 at 23.79%. This ratio reflects the company's ability to generate profits after taking into account all expenses, including taxes.
Overall, while Dropbox Inc has demonstrated strong profitability based on its net profit margins, there are fluctuations in operating and pretax margins that may warrant further investigation into the factors influencing the company's bottom line.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 18.06% | 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% | -2.98% | -3.45% | -3.22% | -2.32% |
| Return on assets (ROA) | 15.20% | 18.42% | 17.82% | 18.12% | 17.79% | 12.93% | 12.39% | 12.90% | 10.86% | -4.03% | -5.33% | -7.50% | -10.74% | 2.90% | 1.21% | -0.21% | -1.95% | -2.24% | -1.88% | -1.27% |
| Return on total capital | 44.45% | 18.60% | 15.51% | 17.42% | 17.03% | 42.45% | 38.57% | 35.40% | 25.49% | -11.80% | -14.89% | -20.34% | -82.98% | 7.40% | 1.79% | -4.05% | -9.96% | -11.26% | -10.44% | -7.01% |
| Return on equity (ROE) | — | — | — | — | — | — | — | — | — | — | — | — | -76.78% | 9.74% | 4.13% | -0.71% | -6.52% | -7.29% | -6.08% | -3.84% |
Dropbox Inc's profitability ratios show a consistent trend of positive performance over the past eight quarters.
The Operating Return on Assets (Operating ROA) has ranged from 10.83% to 13.27% during this period, indicating the company's ability to generate operating income relative to its assets. This metric saw a slight decline in recent quarters but remains relatively stable overall.
The Return on Assets (ROA) has ranged from 12.39% to 18.42% over the same period, showing the company's effectiveness in generating profits from its total assets. The ROA demonstrates an increasing trend, with notable improvements seen in the most recent quarters.
The Return on Total Capital has fluctuated between 25.62% and 34.94% during the timeframe, reflecting the company's efficiency in generating returns on its total invested capital. This ratio has shown moderate fluctuations but generally reflects a strong performance by Dropbox Inc.
The Return on Equity (ROE) data is not provided in the table, so it is not possible to assess the company's performance in generating returns for its shareholders based on this specific metric.
Overall, these profitability ratios indicate that Dropbox Inc has been able to effectively utilize its assets and capital to generate returns for investors, with a positive trend seen in most metrics over the period.