Dropbox Inc (DBX) — Cash Flow Reinvestment Rate

Latest as of December 2025: 0.25x

Dropbox Inc (DBX) has a Cash Flow Reinvestment Rate of 0.25x as of December 2025, reinvesting $59.20 Million (capex $10.50 Million plus investments $48.70 Million) from operating cash flow of $235.40 Million. Explore Dropbox Inc capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

0.25x
(Capex + Investments) / Operating CF

Total Reinvested

$59.20 Million
Capex + Investments

Operating Cash Flow

$235.40 Million
USD

Capital Expenditures

$10.50 Million
USD

Dropbox Inc Cash Flow Reinvestment Rate (2015–2025)

Historical reinvestment intensity for Dropbox Inc across 11 annual periods. Also explore how large is Dropbox Inc's balance sheet for the complete picture of this company's asset base.

Annual Cash Flow Reinvestment Rate for Dropbox Inc (2015–2025)

Year-by-year capital reinvestment analysis for Dropbox Inc. For live market cap and broader valuation context, see DBX market cap.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.15x $145.80 Million $951.80 Million $21.00 Million ▼ -70.6%
2024 0.52x $466.30 Million $894.10 Million $22.50 Million ▲ +21.4%
2023 0.43x $336.70 Million $783.70 Million $24.60 Million ▲ +310.7%
2022 0.10x $83.40 Million $797.30 Million $34.90 Million ▼ -82.0%
2021 0.58x $425.00 Million $729.80 Million $28.90 Million ▲ +32.5%
2020 0.44x $250.90 Million $570.80 Million $80.30 Million ▲ +43.1%
2019 0.31x $162.30 Million $528.50 Million $137.80 Million ▼ -79.4%
2018 1.49x $632.80 Million $425.40 Million $66.00 Million ▲ +882.7%
2017 0.15x $50.00 Million $330.30 Million $26.10 Million ▼ -84.2%
2016 0.96x $241.70 Million $252.60 Million $123.70 Million ▼ -97.8%
2015 43.93x $650.10 Million $14.80 Million $83.30 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow