Dropbox (DBX) Price to FCF (2018 - 2026)
Dropbox's Price to FCF came in at 6.31 for Q2 2026, down 26.4% from 8.57 a year earlier but up 18.1% from the prior quarter.
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Analysis
Dropbox (DBX) Price to FCF (2018 - 2026) Analysis & Trends
For FY2025, Dropbox's Price to FCF was 7.25, down 28.9% from FY2024.
- Going back by year, Price to FCF was 10.20 in FY2024 (-22.0%), 13.07 in FY2023 (+27.6%), 10.24 in FY2022 (-21.3%) and 13.02 in FY2021 (-29.0%).
- The five-year range for quarterly Price to FCF is 5.34 (Q1 2026) to 15.87 (Q3 2021).
- Year-over-year, Price to FCF has declined for nine consecutive quarters, with an average decline of 20.5% over the last eight quarters.
- The fastest year-over-year change in Price to FCF over five years came in Q4 2023 (growth of 27.6%), and the weakest in Q2 2022 (a decline of 39.9%).
- Business Quant data shows DBX's Price to FCF at 5.34 (Q1 2026), 7.25 (Q4 2025) and 8.42 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Adobe | 90.32 Bn | 65.57 Bn | 6.00 Bn |
| 2 | Atlassian | 46.45 Bn | 39.73 Bn | 1.53 Bn |
| 3 | Twilio | 44.08 Bn | 34.07 Bn | 725.87 Mn |
| 4 | Autodesk | 43.30 Bn | 31.34 Bn | 1.87 Bn |
| 5 | Zoom Communications | 25.52 Bn | -5.27 Bn | 985.50 Mn |
| 6 | Figma | 10.74 Bn | 4.24 Bn | 309.61 Mn |
| 7 | Dropbox | 7.01 Bn | 2.65 Bn | 506.50 Mn |
| 8 | Nice | 6.59 Bn | 5.06 Bn | 995.81 Mn |
| 9 | RingCentral | 6.37 Bn | 5.87 Bn | 472.31 Mn |
| 10 | Open Text | 5.38 Bn | 813.39 Mn | 1.01 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.31 |
| Mar 31, 2026 | 5.34 |
| Dec 31, 2025 | 7.25 |
| Sep 30, 2025 | 8.42 |
| Jun 30, 2025 | 8.57 |
| Mar 31, 2025 | 8.69 |
| Dec 31, 2024 | 10.20 |
| Sep 30, 2024 | 9.15 |
| Jun 30, 2024 | 8.65 |
| Mar 31, 2024 | 10.11 |
| Dec 31, 2023 | 13.07 |
| Sep 30, 2023 | 12.27 |
| Jun 30, 2023 | 12.08 |
| Mar 31, 2023 | 9.64 |
| Dec 31, 2022 | 10.24 |
| Sep 30, 2022 | 9.89 |
| Jun 30, 2022 | 10.51 |
| Mar 31, 2022 | 11.70 |
| Dec 31, 2021 | 13.02 |
| Sep 30, 2021 | 15.87 |
API Access
Dropbox Price to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-fcf&ticker=DBX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-fcf", "ticker": "DBX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-fcf&ticker=DBX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();