Growth Metrics

Dropbox (DBX) Return on Invested Capital (2018 - 2025)

Dropbox's Return on Invested Capital history spans 8 years, with the latest figure at 0.43% for Q4 2025.

  • For Q4 2025, Return on Invested Capital rose 87.0% year-over-year to 0.43%; the TTM value through Dec 2025 reached 0.43%, up 87.0%, while the annual FY2025 figure was 0.6%, 221.0% up from the prior year.
  • Return on Invested Capital reached 0.43% in Q4 2025 per DBX's latest filing, up from 0.5% in the prior quarter.
  • In the past five years, Return on Invested Capital ranged from a high of 25.63% in Q4 2023 to a low of 13.04% in Q2 2024.
  • Average Return on Invested Capital over 5 years is 0.44%, with a median of 1.02% recorded in 2021.
  • Peak YoY movement for Return on Invested Capital: soared 2830bps in 2023, then plummeted -2693bps in 2024.
  • A 5-year view of Return on Invested Capital shows it stood at 4.57% in 2021, then crashed by -158bps to 2.67% in 2022, then surged by 1059bps to 25.63% in 2023, then plummeted by -105bps to 1.3% in 2024, then skyrocketed by 67bps to 0.43% in 2025.
  • Per Business Quant, the three most recent readings for DBX's Return on Invested Capital are 0.43% (Q4 2025), 0.5% (Q3 2025), and 0.59% (Q2 2025).