Dropbox Inc (DBX) — Free Cash Flow Generation Index
Dropbox Inc (DBX) has a Free Cash Flow Generation Index of 0.96x as of December 2025. Free cash flow of $224.90 Million represents 1% of operating cash flow ($235.40 Million). Explore DBX capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Dropbox Inc Free Cash Flow Generation Index (2015–2025)
Historical FCF Generation Index trend for Dropbox Inc across 11 annual periods. For the full cash flow conversion analysis, see DBX cash generation efficiency.
Annual Free Cash Flow Generation for Dropbox Inc (2015–2025)
Year-by-year Free Cash Flow Generation Index for Dropbox Inc. Check Dropbox Inc total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.98x | $930.80 Million | $951.80 Million | $21.00 Million | ▲ +0.3% |
| 2024 | 0.97x | $871.60 Million | $894.10 Million | $22.50 Million | ▲ +0.6% |
| 2023 | 0.97x | $759.10 Million | $783.70 Million | $24.60 Million | ▲ +1.3% |
| 2022 | 0.96x | $762.40 Million | $797.30 Million | $34.90 Million | ▼ -0.4% |
| 2021 | 0.96x | $700.90 Million | $729.80 Million | $28.90 Million | ▲ +11.8% |
| 2020 | 0.86x | $490.50 Million | $570.80 Million | $80.30 Million | ▲ +16.2% |
| 2019 | 0.74x | $390.70 Million | $528.50 Million | $137.80 Million | ▼ -12.5% |
| 2018 | 0.84x | $359.40 Million | $425.40 Million | $66.00 Million | ▼ -8.3% |
| 2017 | 0.92x | $304.20 Million | $330.30 Million | $26.10 Million | ▲ +80.5% |
| 2016 | 0.51x | $128.90 Million | $252.60 Million | $123.70 Million | ▲ +111.0% |
| 2015 | -4.63x | $-68.50 Million | $14.80 Million | $83.30 Million | — |