Dropbox Inc (DBX)

Return on total capital

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
Earnings before interest and tax (EBIT) (ttm) US$ in thousands 486,300 508,300 511,200 442,900 383,500 355,600 318,200 351,100 356,500 362,800 346,800 339,600 309,900 273,100 225,800 154,200 121,200 63,000 14,400 -32,400
Long-term debt US$ in thousands
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
Return on total capital 36.31% 7.40% 1.79% -4.05%

December 31, 2024 calculation

Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $486,300K ÷ ($—K + $-752,400K)
= —

Dropbox Inc's return on total capital has shown a varying trend over the analyzed periods.

- In March 2020, the return on total capital was negative at -4.05%, indicating that the company did not generate sufficient returns on the total capital employed in its operations.

- By June 2020, the return on total capital improved to 1.79%, showing a slight recovery in the company's ability to generate returns on its capital.

- In September 2020, there was a further increase in the return on total capital to 7.40%, indicating an even more significant improvement in the company's capital efficiency.

- The most notable change occurred by December 2020, where the return on total capital surged to 36.31%, demonstrating a substantial improvement in capital utilization and profitability.

- However, the data shows blank values for the return on total capital from March 2021 onwards, indicating a lack of information for the subsequent periods.

Overall, the return on total capital for Dropbox Inc has displayed a mix of negative and positive trends, with a significant improvement in profitability observed in December 2020. The lack of data for the later periods makes it challenging to assess the company's ongoing performance in terms of capital efficiency.