Dropbox (DBX) EV to FCF (2018 - 2026)

Dropbox (DBX) has reported EV to FCF for 9 consecutive years, with 20.92 the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, EV to FCF fell 19.19% year-over-year to 20.92; the trailing twelve-month figure through Jun 2026 stood at 5.14 (down 31.41% YoY), and the FY2025 full-year result was 6.14, down 26.65% from the prior year.
• EV to FCF climbed to 20.92 in Q2 2026 per DBX's latest filing, from 19.4 in the prior quarter.
• Across five years, EV to FCF topped out at 53.84 in Q1 2022 and bottomed at 19.4 in Q1 2026.
• Historically, EV to FCF has averaged 32.85 across 5 years, with a median of 30.88 in 2022.
• The sharpest annual moves came in 2023 and 2026: EV to FCF jumped 42.78% in 2023, then slumped 52.55% in 2026.
• Over 5 years, EV to FCF stood at 35.64 in 2022, then grew by 26.35% to 45.03 in 2023, then dropped by 23.05% to 34.65 in 2024, then fell by 26.68% to 25.41 in 2025, then dropped by 17.65% to 20.92 in 2026.
• According to Business Quant data, EV to FCF over the past three periods registered 20.92, 19.4, and 25.41 for Q2 2026, Q1 2026, and Q4 2025 respectively.