Dropbox Inc (DBX)

Return on assets (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
Net income (ttm)	US$ in thousands	452,300	576,800	584,200	516,900	453,600	554,600	523,700	542,500	553,200	349,500	341,900	367,900	335,800	-134,600	-177,500	-248,000	-256,300	82,900	33,200	-5,700
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
ROA		13.60%	22.39%	21.49%	18.48%	14.92%	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%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $452,300K ÷ $3,325,200K
= 13.60%

Dropbox Inc's return on assets (ROA) has exhibited fluctuations over the analyzed periods. The ROA was negative for the first few quarters in 2020 and 2021, indicating that the company was not effectively utilizing its assets to generate profits during those periods. However, from December 31, 2021, onwards, the ROA began to improve significantly, exceeding 10% and reaching a peak of 22.39% on September 30, 2024.

The steady increase in ROA from late 2021 onwards suggests that Dropbox Inc has been able to enhance its efficiency in generating profits from its assets. A higher ROA generally indicates that the company is utilizing its assets more effectively to generate income, which can be a positive signal for investors and stakeholders.

It is essential for investors to continue monitoring the trend in Dropbox Inc's ROA to assess the company's ability to generate profits from its assets efficiently in the future and to evaluate its overall financial performance.