Dropbox (DBX) Return on Capital Employed (2018 - 2026)

Dropbox's Return on Capital Employed history runs 9 years deep, the most recent figure standing at 38.48% for Q1 2026.

• Quarterly Return on Capital Employed fell 189.0% year-over-year to 38.48% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 38.48% (down 189.0% YoY) and the FY2025 annual result came in at 57.83%, up 3282.0% from the prior year.
• Return on Capital Employed was 38.48% for Q1 2026 at Dropbox, down from 74.35% in the prior quarter.
• Across five years, Return on Capital Employed topped out at 74.35% in Q4 2025 and bottomed at 8.36% in Q2 2023.
• A 5-year average of 32.73% and a median of 30.0% in 2023 frame the typical range for Return on Capital Employed.
• Annual changes were most pronounced in 2023 — Return on Capital Employed tumbled 1080 bps — and 2025, when it jumped 4641 bps.
• Dropbox's Return on Capital Employed stood at 10.6% in 2022, then soared by 183 bps to 30.0% in 2023, then retreated by 7 bps to 27.94% in 2024, then jumped by 166 bps to 74.35% in 2025, then slumped by 48 bps to 38.48% in 2026.
• Business Quant data shows DBX's Return on Capital Employed at 38.48% in Q1 2026, 74.35% in Q4 2025, and 69.52% in Q3 2025.