DBX

Technology

Dropbox, Inc. · Software - Infrastructure · $7B

UQS Score — Balanced Preset
55.8
Good

Dropbox, Inc. scores 55.8/100 using the Balanced preset.

UQS vs Technology Sector
DBX
55.8
Sector avg
38.0
Quality
Good
Moat
Weak
Growth
Weak
Risk
Good
Valuation
Attractive

What is Dropbox, Inc.?

Dropbox is a cloud-based content collaboration platform serving individuals, teams, and organizations worldwide. Headquartered in San Francisco, it was incorporated in 2007.

Dropbox lets users store, sync, and share files through a freemium model — free accounts drive user acquisition, while paid subscriptions unlock premium collaboration and e-signature features. The company earns revenue primarily through individual and team subscription plans across professional services, technology, media, education, and financial services sectors.

Dropbox was incorporated in 2007 and is headquartered in San Francisco, California.

  • Cloud file storage and sync
  • Team collaboration tools
  • Electronic signature capabilities
  • Freemium-to-paid subscription model

Is DBX a Good Stock to Buy?

UQS Score rates DBX as Below Average overall.

Dropbox's Quality pillar stands out as Good relative to its overall profile, reflecting a degree of operational discipline. Valuation is rated Attractive, suggesting the market may be pricing in limited expectations.

The Moat, Growth, and Risk pillars all register as Weak, pointing to competitive pressure, limited expansion momentum, and elevated uncertainty.

See the full pillar breakdown and financial metrics by signing up for a Pro account. Sign up free →

Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.

Does DBX pay dividends?

No — Dropbox, Inc. does not currently pay a dividend.

Dropbox does not currently pay a dividend. As a technology platform still navigating competitive pressures, the company retains capital rather than distributing it to shareholders. Investors focused on income may want to weigh this alongside the broader UQS profile.

When does DBX report earnings?

Dropbox reports earnings on a quarterly cadence, typical for US-listed equities.

Dropbox's growth trajectory has faced headwinds in a competitive cloud storage market. Revenue expansion has moderated, consistent with the Weak Growth pillar rating in the UQS framework.

For the most recent quarter's results, visit Dropbox's investor relations page directly.

DBX Price History

-10.1% over 5Y

Monthly close, adjusted for stock splits and dividend reinvestment.

Return Calculator

What if I invested in Dropbox, Inc.?

$
Today it would be worth
$9,561
That's a -4.4% total return, or -0.9% annualized.

Based on Dropbox, Inc.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.

Frequently Asked Questions

What does Dropbox do?

Dropbox operates a cloud-based content collaboration platform. Users can store, sync, and share files for free, then upgrade to paid plans for advanced features. The company serves individuals, teams, and enterprises across many industries worldwide.

Does DBX pay dividends?

No, Dropbox does not pay a dividend. The company retains earnings rather than distributing cash to shareholders, which is common among technology platforms prioritizing operational flexibility over income payouts.

When does DBX report earnings?

Dropbox reports on a quarterly basis, in line with standard US-listed company practice. For exact dates and the latest results, check Dropbox's official investor relations page.

Is DBX a good stock to buy?

UQS Score rates DBX as Below Average overall. While the Quality pillar is Good and Valuation is Attractive, the Moat, Growth, and Risk pillars are all Weak. The full pillar breakdown is available to Pro members.

Is DBX overvalued?

The UQS Valuation pillar for DBX is rated Attractive, suggesting the current price reflects limited growth expectations. Whether that represents opportunity depends on how you weigh the weaker Moat and Growth pillars alongside it.

What is DBX's market cap bracket?

Dropbox is classified as a mid-cap company. This places it in a range that typically offers more liquidity than small-caps but less scale and pricing power than large-cap technology peers.

Who founded Dropbox?

Dropbox was founded by Drew Houston and Arash Ferdowsi. The company was originally incorporated under the name Evenflow, Inc. before rebranding to Dropbox, Inc. in October 2009.

Is DBX a long-term quality investment?

As a long-term quality indicator, DBX's Below Average UQS Score reflects concerns across Moat, Growth, and Risk pillars. The Attractive Valuation and Good Quality rating provide some offset, but the full picture warrants careful review by Pro members.

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Pro Analysis

DBX — Score History

404550556065Apr 2Apr 12Apr 22May 2May 12May 22May 24v5
Score changes· 12 most recent
DateUQSQualityMoatGrowthRiskValueChange
May 21, 202655.866.226.036.170.599.70.0
May 11, 202655.866.226.036.170.599.9+1.8
May 10, 202654.059.426.036.170.598.8+5.9
May 9, 202648.159.426.07.270.598.0-2.0
May 3, 202650.168.726.036.031.097.50.0
May 1, 202650.168.726.036.031.097.20.0
Apr 25, 202650.168.726.036.031.097.10.0
Apr 23, 202650.168.726.036.031.097.20.0
Apr 21, 202650.168.726.036.031.097.10.0
Apr 19, 202650.168.726.036.031.096.90.0

DBX — Pillar Breakdown

Quality

66.2/100 (25%)

Dropbox, Inc. shows solid profitability with healthy returns on capital and reasonable margins.

Capital Efficiency (ROIC)Strong

How effectively capital is deployed to generate returns.

Return on EquityWeak

Profitability relative to shareholders' equity.

Operating ProfitabilityModerate

Ability to convert revenue into operating profit.

Net ProfitabilityModerate

Bottom-line profit as a share of revenue.

Gross Profit / AssetsStrong

Asset productivity — how much gross profit each dollar of assets generates.

Cash GenerationStrong

Free cash flow relative to market value.

Growth

36.1/100 (20%)

Dropbox, Inc. shows steady but unspectacular growth, typical for mature companies.

Recent Revenue TrendWeak

Revenue trajectory over the last twelve months.

3Y Revenue CAGRWeak

Compound annual revenue growth rate over 3 years.

EPS GrowthModerate

Year-over-year earnings per share growth.

Forward Revenue OutlookWeak

Analyst consensus for future revenue growth.

Forward EPS GrowthStrong

Analyst consensus for future earnings growth.

Risk

70.5/100 (15%)

Dropbox, Inc. maintains a reasonable risk profile with manageable debt levels.

Financial LeverageModerate

Debt levels relative to earnings capacity.

Debt/EquityStrong

Total debt relative to shareholder equity.

Current RatioWeak

Short-term liquidity — ability to pay near-term obligations.

Interest CoverageStrong

Earnings capacity relative to interest payments.

Valuation

100.0/100 (15%)

Dropbox, Inc. appears attractively valued relative to its earnings, cash flows, and sector peers.

Earnings YieldStrong

Inverse of forward P/E — higher yield means cheaper stock.

Price to Free Cash FlowStrong

How many years of FCF the market cap represents.

PEG RatioStrong

P/E relative to earnings growth — lower is more attractive.

EV/EBITDA vs SectorStrong

Enterprise value multiple relative to sector median.

Moat

26/100 (25%)

Dropbox, Inc. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for DBX.

Score Composition

Quality
66.2×25%16.6
Growth
36.1×20%7.2
Risk
70.5×15%10.6
Valuation
100.0×15%15.0
Moat
26.0×25%6.5
Total
55.8Good

Financial Data

More Stock Analysis

How is the DBX UQS Score Calculated?

The UQS (Unified Quality Score) for Dropbox, Inc. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.

Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.

Moat (25%) assesses Dropbox, Inc.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.

Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.

Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.

Valuation (15%) measures whether Dropbox, Inc. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.

Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.