Dropbox Inc (DBX)
Return on equity (ROE)
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 stockholders’ equity | US$ in thousands | -752,400 | -546,100 | -371,300 | -277,200 | -165,800 | -350,300 | -411,900 | -365,200 | -309,400 | -591,300 | -542,900 | -463,300 | -293,900 | -162,600 | -94,800 | -83,000 | 333,800 | 851,300 | 803,400 | 800,400 |
ROE | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | -76.78% | 9.74% | 4.13% | -0.71% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $452,300K ÷ $-752,400K
= —
Dropbox Inc's return on equity (ROE) indicates how efficiently the company is generating profit from its equity capital. The ROE for Dropbox Inc fluctuated over the periods provided in the data.
- In March 2020, the ROE was negative at -0.71%, reflecting that the company's net income was insufficient to cover the equity invested.
- By June 2020, the ROE improved to 4.13%, indicating a positive trend in generating profits relative to equity.
- The ROE further increased to 9.74% by September 2020, suggesting improved efficiency in utilizing shareholders' equity.
- However, the ROE took a significant downturn in December 2020, dropping to -76.78%, which may signal financial challenges or a decline in profitability.
- From March 2021 onwards, data is not available, making it difficult to assess the company's recent performance in terms of ROE.
Overall, Dropbox Inc's ROE has shown volatility, with periods of improvement followed by a sharp decline. This highlights the importance of consistent profitability and efficient utilization of equity to sustain a healthy ROE figure.
Peer comparison
Dec 31, 2024