Loading…
DBX
Dropbox Inc
NASDAQ· Technology· Software - Infrastructure· CUSIP 26210C104
$37.48+2.43%Price as of Oct 23, 00:43 UTC · updated once a day, after the close
At a glance
Dropbox Inc (DBX) is listed on NASDAQ and classified in Software - Infrastructure, part of the Technology sector. It is headquartered in San Francisco, United States and has 2,113 employees. The company is worth $8.15B and trades at 20.3x its earnings of the last twelve months; the median for its sector is 28.0x. Revenue was $2.52B in fiscal 2025, down 1.1% from the year before. Net income was $508.4M. The share price is within 3% of its 52-week high. 6 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Renaissance Technologies, at $198.16M. In that quarter, 1 of them opened or added to the position and 5 reduced it. Over the last 30 days, company insiders sold $13.22M of its stock on the open market and bought none. All of those sales were scheduled in advance under 10b5-1 plans.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Key metrics
- Market cap
- $8.15B
- P/E
- 20.3x
- Forward P/E
- 11.3x
- P/B
- —
- Dividend yield
- 0.00%
- Payout
- —
- EPS
- $1.85
- ROE
- —
- Profit margin
- 17.49%
- Revenue growth
- +0.90%
- Beta
- 0.63
- 52-week high
- $38.17
- 52-week low
- $21.70
History
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Investors holding this
Major managers that reported this stock in their latest 13F.
- Renaissance TechnologiesReducedRenaissance Technologies · Q2 2026$198.16M7.21M shares · 0.3% of portfolio
- Two SigmaReducedTwo Sigma Investments · Q2 2026$108.66M3.96M shares · 0.1% of portfolio
- Cliff AsnessReducedAQR Capital Management · Q2 2026$47.42M1.73M shares · 0.0% of portfolio
- Israel EnglanderReducedMillennium Management · Q2 2026$27.59M1M shares · 0.0% of portfolio
Ray DalioNew positionBridgewater Associates · Q2 2026$2.5M91.13K shares · 0.0% of portfolio
Ken GriffinReducedCitadel Advisors · Q2 2026$2.32M84.51K shares · 0.0% of portfolio
Price over time
▲ +44.5% over 5Y.
today you would have $1,166.61▲ +16.7%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
Indicators, year by year
The last 8 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $27.80 | $30.04 | $29.48 | $22.38 | $24.54 | $22.19 | $17.91 | $20.43 | |
| P/E | 21.5x | 14.9x | 21.5x | 22.5x | 14.7x | 28.9x | — | — | — |
| P/S | 4.1x | 3.0x | 3.8x | 4.1x | 3.5x | 4.5x | 4.8x | 4.4x | — |
| P/B | — | — | — | — | — | — | 27.5x | 9.1x | — |
| EPS | $1.86 | $1.40 | $1.31 | $1.52 | $0.85 | -$0.62 | -$0.13 | -$1.35 | |
| Profit margin | 16.66% | 20.17% | 17.75% | 18.13% | 23.79% | 15.56% | -13.39% | -3.17% | -34.84% |
| ROE | -71.65% | — | — | — | — | — | -76.78% | -6.52% | -71.65% |
Median of the years shown; P/E years above 200x are left out.
Fair price, seven ways
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Earnings
—
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Earnings
$40.01
Earnings growing 21.6% a year plus a 0.0% dividend yield. Growth capped at 25%.
Earnings
$51.81
Median P/E of 28.0 among peers in the sector.
Earnings
$39.70
Median P/E of 21.5 across this company’s own years on record.
Cash flow
$109.54
Cash flow growing 15.0% a year for 10 years, discounted at 10%, then 2.5% forever.
Operating
$35.99
Sector median of 14.3x operating profit, less net debt. Banks have no EBITDA.
Dividends
—
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
How the average is calculated
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
Earnings $43.84 (avg. of 3)+Cash flow $109.54+Operating $35.99÷ 3 =$63.12
$63.12
5 methods answered, across 3 families.
$47.34
Room for errors in the reported numbers.
$37.48
+68.4% from the average.
Models, not forecasts, and not investment advice. How each formula works →
Others in the same sector
Companies of similar size in Technology, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| VSATViasat Inc | $59.00 | — | 1.8x | 0.00% | 0.19% | $8.13B |
| TTANServiceTitan, Inc. | $85.20 | — | 5.1x | 0.00% | -8.34% | $8.22B |
| DSGXDescartes Systems Group Inc | $94.00 | 43.7x | 4.9x | 0.00% | 11.95% | $8.04B |
| SANMSanmina Corp | $154.47 | 30.8x | 3.2x | 0.00% | 12.49% | $8.28B |
| VICRVicor Corp | $179.99 | 55.6x | 9.2x | 0.00% | 23.47% | $8.3B |
| ZETAZeta Global Holdings Corp. | $33.52 | — | 9.1x | 0.00% | -0.27% | $8.36B |
About the company
- 2,113
- San Francisco, United States