Dropbox Inc (DBX)

Return on assets (ROA)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	453,600	553,200	335,800	-256,300	-52,700
Total assets	US$ in thousands	2,983,500	3,110,100	3,091,300	2,387,200	2,699,200
ROA		15.20%	17.79%	10.86%	-10.74%	-1.95%

December 31, 2023 calculation

ROA = Net income ÷ Total assets
= $453,600K ÷ $2,983,500K
= 15.20%

Dropbox Inc's return on assets (ROA) has varied significantly over the past five years. In 2023, the ROA was 15.20%, representing a decline from the previous year's 17.79%. Despite this decline, the company's ROA remains relatively strong compared to the negative figures observed in 2020 and 2019 (-10.74% and -1.95%, respectively). The positive ROA in recent years indicates that Dropbox has been effectively generating profits from its assets, although there was a slight decrease in 2023. Overall, the trend in ROA suggests that Dropbox has been able to improve its asset utilization and profitability over the past few years.