Dropbox Inc
Dropbox, Inc. provides a content collaboration platform in the United States and internationally. The company's platform enables individuals, families, teams, and organizations to collaborate for free through its website or app, or through a paid subscription plan for premium features. Its platform consists of various elements, such as unified home for content, global sharing network, and product… Read more
Dropbox Inc (DBX) - Net Assets
Latest net assets as of December 2025: $-1.80 Billion USD
Based on the latest financial reports, Dropbox Inc (DBX) has net assets worth $-1.80 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.92 Billion) and total liabilities ($4.71 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-1.80 Billion |
| % of Total Assets | -61.63% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -1563.52% |
| Growth Volatility | 237.54 |
Dropbox Inc - Net Assets Trend (2015–2025)
This chart illustrates how Dropbox Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Dropbox Inc (2015–2025)
The table below shows the annual net assets of Dropbox Inc from 2015 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $-1.80 Billion | -138.86% |
| 2024-12-31 | $-752.40 Million | -353.80% |
| 2023-12-31 | $-165.80 Million | +46.41% |
| 2022-12-31 | $-309.40 Million | -5.27% |
| 2021-12-31 | $-293.90 Million | -188.05% |
| 2020-12-31 | $333.80 Million | -58.71% |
| 2019-12-31 | $808.40 Million | +19.44% |
| 2018-12-31 | $676.80 Million | +557.73% |
| 2017-12-31 | $102.90 Million | -16.21% |
| 2016-12-31 | $122.80 Million | -33.84% |
| 2015-12-31 | $185.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dropbox Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 308780000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Comprehensive Income | $5.70 Million | % |
| Other Components | $2.01 Billion | % |
| Total Equity | $-1.80 Billion | 100.00% |
Dropbox Inc Competitors by Market Cap
The table below lists competitors of Dropbox Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xinjiang Goldwind Science & Technology Co. Ltd
PINK:XNJJY
|
$3.91 Billion |
|
Guangzhou Haige Communications Group Incorporated Co
SHE:002465
|
$3.91 Billion |
|
HUB24 Ltd
AU:HUB
|
$3.91 Billion |
|
The Brink's Company
F:PTY
|
$3.91 Billion |
|
The a2 Milk Company Limited
PINK:ACOPF
|
$3.91 Billion |
|
Golar LNG Ltd.
LSE:0HDY
|
$3.91 Billion |
|
Appfolio Inc
NASDAQ:APPF
|
$3.90 Billion |
|
Doosan Pref Shs
KO:000155
|
$3.90 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dropbox Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -752,400,000 to -1,797,200,000, a change of -1,044,800,000.
- Net income of 508,400,000 contributed positively to equity growth.
- Share repurchases of 1,713,900,000 reduced equity.
- New share issuances of 100,000 increased equity.
- Other comprehensive income increased equity by 15,800,000.
- Other factors increased equity by 144,800,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $508.40 Million | +28.29% |
| Share Repurchases | $1.71 Billion | -95.37% |
| Share Issuances | $100.00K | +0.01% |
| Other Comprehensive Income | $15.80 Million | +0.88% |
| Other Changes | $144.80 Million | +8.06% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Dropbox Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.99 | $25.54 | x |
| 2016-12-31 | $0.34 | $25.54 | x |
| 2017-12-31 | $0.26 | $25.54 | x |
| 2018-12-31 | $1.89 | $25.54 | x |
| 2019-12-31 | $1.96 | $25.54 | x |
| 2020-12-31 | $0.81 | $25.54 | x |
| 2021-12-31 | $-0.74 | $25.54 | x |
| 2022-12-31 | $-0.85 | $25.54 | x |
| 2023-12-31 | $-0.48 | $25.54 | x |
| 2024-12-31 | $-2.33 | $25.54 | x |
| 2025-12-31 | $-6.59 | $25.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dropbox Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.17%
- • Asset Turnover: 0.86x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-55.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -175.59% | -53.97% | 0.60x | 5.44x | $-344.46 Million |
| 2016 | -171.17% | -24.88% | 0.84x | 8.18x | $-222.48 Million |
| 2017 | -108.55% | -10.09% | 1.09x | 9.91x | $-121.99 Million |
| 2018 | -71.65% | -34.84% | 0.82x | 2.50x | $-552.58 Million |
| 2019 | -6.52% | -3.17% | 0.62x | 3.34x | $-133.54 Million |
| 2020 | -76.78% | -13.39% | 0.80x | 7.15x | $-289.68 Million |
| 2021 | 0.00% | 15.56% | 0.70x | 0.00x | $365.19 Million |
| 2022 | 0.00% | 23.79% | 0.75x | 0.00x | $584.14 Million |
| 2023 | 0.00% | 18.13% | 0.84x | 0.00x | $470.18 Million |
| 2024 | 0.00% | 17.75% | 0.77x | 0.00x | $527.54 Million |
| 2025 | 0.00% | 20.17% | 0.86x | 0.00x | $688.12 Million |
Industry Comparison
This section compares Dropbox Inc's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $204,595,901
- Average return on equity (ROE) among peers: -9708.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dropbox Inc (DBX) | $-1.80 Billion | -175.59% | N/A | $3.91 Billion |
| Automatic Bank Services Limited (ABANF) | $263.50 Million | 6.00% | 0.04x | $269.02 Million |
| ACI Worldwide Inc (ACIW) | $267.21 Million | 20.72% | 1.00x | $3.98 Billion |
| Adyen N.V (ADYYF) | $389.78 Million | 18.29% | 1.92x | $34.24 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $25.09K | -78104.20% | 3.26x | $415.74 Million |
| Aeva Technologies, Inc. Warrants (AEVAW) | $26.91 Million | -95.01% | 0.21x | $3.74 Million |
| Affluence Corporation (AFFU) | $-953.76K | 0.00% | 0.00x | $3.98K |
| Axe Compute Inc. (AGPU) | $53.47K | -18862.75% | 68.36x | $2.93 Million |
| C3 Ai Inc (AI) | $1.06 Billion | -5.25% | 0.13x | $1.15 Billion |
| iLearningEngines, Inc. (AILE) | $22.26 Million | -19.80% | 1.11x | $17.39 Million |
| PowerFleet, Inc. (AIOT) | $16.00 Million | -39.81% | 1.77x | $388.58 Million |