Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

Request Deep Dive(50 Feathers)

DBX

STRONG BUYAPPROVE

Dropbox, Inc. · Technology · United States · $6.8B · Avg Vol: $116M/d

97
StockRank
Get insider-trade alerts
Q
79
V
61
M
65
P/E (TTM)
16.7x
ROE
D/E
Dividend %
AI CONVICTION THESIS

Dropbox converts a very high share of revenue into free cash flow and has used it to shrink the share count aggressively through sustained buybacks, which supports its Q79 score. Revenue growth is minimal, but the cash-return mechanism rather than growth is the investment case and it is verifiable. The trivial insider selling is routine and nothing adverse is known.

COMPANY DESCRIPTION

Dropbox, Inc. provides a leading cloud-based content collaboration platform that enables individuals and teams to store, share, and collaborate on files from anywhere. The company benefits from a massive global user base and strong brand recognition, built on its intuitive interface and seamless synchronization capabilities. As a pioneer in cloud storage, Dropbox maintains its competitive position by evolving into a comprehensive workspace solution, integrating various productivity tools.

FINANCIAL SUMMARY (USD)

Year20212022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue2.3B2.5B2.5B2.5B2.7%2.5B2.5B2.5B-0.5%
EPS0.873.382.831.421.8921.4%1.832.042.279.5%
Shares158.0M158.0M295.9M242.9M+53.7%
Debt2.3B2.0B3.0B3.6B16.1%4.0B
Equity-309.4M-165.8M-752.4M-1.8B
Op CF797.3M783.7M894.1M951.8M6.1%1.0B
Inv CF-48.5M395.2M443.8M111.9M
Fin CF-1.0B-799.2M-586.6M-1.5B
Loading 1Y...
PRICE (1Y)+12.7%
25.0826.4727.8529.2430.62Jun 12Jul 7Jul 27
SMA 50SMA 200
Close
$30.54
RSI (14)
62.9
52W High
$32.40
From 52W High
0.9%

SCORE BREAKDOWN

Quality
79
ROIC
72.0%99.3
ROE
neg eq95.0
GP/Assets
70.8%94.8
Op. Margin
27.5%90.9
FCF/Assets
34.5%97.6
Piotroski
659.2
Int. Cover
8.9x46.0
D/E Ratio
neg eq46.0
Current Ratio
1.23x20.1
Value
61
P/E (TTM)
16.7x75.4
EV/EBITDA
11.7x66.7
P/FCF
6.9x90.4
P/B
-3.5x25.0
P/S
2.8x51.6
Div Yield
N/A
Momentum
65
52W High %
94%96.7
RS 6M
8%72.1
SMA 50/200
1.03x48.8
EPS Rev 4W
0.0%73.6
EPS Rev 12W
+1.1%60.6
EPS Improve
+86%49.6
Q Growth
-24%20.8

FUNDAMENTALS

Market Cap
$6.8B
P/E (Forward)
9.0x
Gross Margin
79.7%

SECTOR PEERS

Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of DBX are excluded.

TickerCompanyMkt CapStockRankSignal
DBXDropbox, Inc.(you)$6.8B97STRONG BUY
WEXWEX Inc.$6.1B89STRONG BUY
RELYRemitly Global, Inc.$4.7B93STRONG BUY
QLYSQualys, Inc.$4.8B90STRONG BUY
ACIWACI Worldwide, Inc.$5.7B86STRONG BUY
DOXAmdocs Limited$5.5B86STRONG BUY
GENGen Digital Inc.$15.6B95STRONG BUY
NTCTNetScout Systems, Inc.$2.9B95STRONG BUY
TDCTeradata Corporation$2.7B97STRONG BUY
EEFTEuronet Worldwide, Inc.$3.0B91STRONG BUY

Peer medians: ROE 7.5% · P/E 37.3x · Gross margin 53.1%

Dropbox, Inc. (DBX) — Stock Score Summary

Dropbox, Inc. (DBX) has a MoatMap StockRank of 97/100 based on Quality (79/100), Value (61/100), and Momentum (65/100) factor scores. The current signal is STRONG BUY. Dropbox converts a very high share of revenue into free cash flow and has used it to shrink the share count aggressively through sustained buybacks, which supports its Q79 score. Revenue growth is minimal, but the cash-return mechanism rather than growth is the investment case and it is verifiable. The trivial insider selling is routine and nothing adverse is known.

Dropbox, Inc. provides a leading cloud-based content collaboration platform that enables individuals and teams to store, share, and collaborate on files from anywhere. The company benefits from a massive global user base and strong brand recognition, built on its intuitive interface and seamless synchronization capabilities. As a pioneer in cloud storage, Dropbox maintains its competitive position by evolving into a comprehensive workspace solution, integrating various productivity tools.

Key Financial Metrics

Price$30.54
Market Cap$6.8B
P/E (TTM)16.68
P/E (Forward)8.96
Price/Book-3.50
Return on Invested Capital72.0%
Gross Margin79.7%
Operating Margin27.5%
Revenue Growth0.8%
Free Cash Flow$980M

Dropbox, Inc. operates in the Software - Infrastructure industry, part of the Technology sector (United States).

Frequently Asked Questions

What is Dropbox, Inc.’s (DBX) StockRank?
MoatMap’s StockRank for Dropbox, Inc. (DBX) is 97/100, with a Strong Buy signal. It is a composite of Quality (79), Value (61), and Momentum (65) factor ranks across MoatMap’s 20,000+ stock universe.
Does Dropbox, Inc. have an economic moat?
Dropbox, Inc. (DBX) has a Quality factor score of 79/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Dropbox, Inc. a buy, hold, or sell?
MoatMap’s current signal for Dropbox, Inc. (DBX) is Strong Buy, based on a StockRank of 97/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Dropbox, Inc. in?
Dropbox, Inc. (DBX) operates in the Technology sector, specifically the Software - Infrastructure industry (United States).