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

Dropbox (DBX) has reported Return on Capital Employed for 9 consecutive years, with 38.48% the latest figure, recorded in Q1 2026.

• Return on Capital Employed for Q1 2026 came in at 38.48%, down 189.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 38.48% (down 189.0% YoY), and the FY2025 annual result was 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.
• Over five years, Return on Capital Employed peaked at 74.35% in Q4 2025 and troughed at 8.36% in Q2 2023.
• Average Return on Capital Employed over 5 years is 32.73%, with a median of 30.0% recorded in 2023.
• Year-over-year, Return on Capital Employed slumped 1080 bps in 2023 and soared 4641 bps in 2025.
• Over 5 years, Return on Capital Employed stood at 10.6% in 2022, then jumped by 183 bps to 30.0% in 2023, then decreased by 7 bps to 27.94% in 2024, then surged by 166 bps to 74.35% in 2025, then tumbled by 48 bps to 38.48% in 2026.
• Per Business Quant data, the three most recent Return on Capital Employed figures were 38.48% in Q1 2026, 74.35% in Q4 2025, and 69.52% in Q3 2025.