🎉 M&A multiples are live!
Check it out!

Dropbox Valuation Multiples

Discover revenue and EBITDA valuation multiples for Dropbox and other public comps.

See Dropbox Valuation Multiples

Dropbox Overview

About Dropbox

Dropbox is a leading provider of cloud-storage and content collaboration tools with an emphasis on individuals and SMB. The company was founded in 2007 and was a pioneer in cloud storage and cross-platform file syncing. Utilizing inorganic and organic means, the firm has been working on diversifying its product mix and pivoting away from the cloud-storage space.


Founded

2007

HQ

United States of America
Employees

2.7K+

Website

dropbox.com

Financials

LTM Revenue $2.5B

LTM EBITDA $1.1B

EV

$10.8B

Valuation Multiples

Multiples.vc

Sign up to see

Valuation Multiples for 10K+ Public Comps

Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.

Dropbox Financials

Dropbox has a last 12-month revenue of $2.5B and a last 12-month EBITDA of $1.1B.

In the most recent fiscal year, Dropbox achieved revenue of $2.5B and an EBITDA of $554M.

Dropbox expects next 12-month revenue of  XXX    and NTM EBITDA of  XXX

See Dropbox valuation multiples based on analyst estimates

Dropbox P&L

FY 2022 FY 2023 FY 2024 LTM NTM
Revenue $2.3B $2.5B $2.5B $2.5B XXX
Gross Profit $1.7B $1.9B $2.0B XXX XXX
Gross Margin 74% 75% 80% XXX XXX
EBITDA $514M $554M $1.1B $1.1B XXX
EBITDA Margin 22% 22% 42% 42% XXX
Net Profit $336M $553M $454M XXX XXX
Net Margin 14% 22% 18% XXX XXX
Net Debt $837M $1.1B $763M XXX XXX

Financial data powered by Morningstar, Inc.

Dropbox Stock Performance

As of February 7, 2025, Dropbox's stock price is $32.

Dropbox has current market cap of $9.7B, and EV of $10.8B.

See Dropbox trading valuation data

Dropbox Stock Data

EV Market Cap Price 1D Price 1M Price 3M Price 12M EPS
$10.8B $9.7B XXX XXX XXX XXX $2.43

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more

Sign Up

Dropbox Valuation Multiples

As of February 7, 2025, Dropbox has market cap of $9.7B and EV of $10.8B.

Dropbox's trades at 4.2x LTM EV/Revenue multiple, and 10.1x LTM EBITDA.

Analysts estimate Dropbox's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

See valuation multiples for Dropbox and 10K+ public comps

Dropbox Financial Valuation Multiples

FY 2024 FY 2025E FY 2026E FY 2027E
EV $10.8B XXX XXX XXX
EV/Revenue 4.2x XXX XXX XXX
EV/EBITDA 10.2x XXX XXX XXX
P/E 12.4x XXX XXX XXX
P/E/Growth n/a XXX XXX XXX
EV/FCF 12.4x XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Get Dropbox Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.

Sign Up

Dropbox Valuation Multiples

Dropbox's NTM/LTM revenue growth is 0%

Dropbox's revenue per employee for the last fiscal year averaged $0.9M, while opex per employee averaged $0.6M for the same period.

Over next 12 months, Dropbox's ratio of sales and marketing spend to revenue is estimated to be  XXX , while its R&D spend to revenue to be  XXX .

Analysts estimate Dropbox's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

See operational valuation multiples for Dropbox and other 10K+ public comps

Dropbox Operational Valuation Multiples

FY 2024 NTM FY 2025E FY 2026E FY 2027E
Revenue Growth 2% XXX XXX XXX XXX
EBITDA Margin 42% XXX XXX XXX XXX
EBITDA Growth 92% XXX XXX XXX XXX
Rule of 40 (SaaS-only) 42% XXX XXX XXX XXX
Revenue per Employee $0.9M XXX XXX XXX XXX
Opex per Employee $0.6M XXX XXX XXX XXX
S&M Expenses to Revenue 19% XXX XXX XXX XXX
G&A Expenses to Revenue 9% XXX XXX XXX XXX
R&D Expenses to Revenue 37% XXX XXX XXX XXX
Opex to Revenue 66% XXX XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 220+ Verticals

Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!

Digital Therapeutics
Pharma Analytics
Private Equity
ERP Software
Medical Devices
Consumer SaaS
Streaming Platforms
AdTech Software
Climate Tech
GRC Software
Developer Tools

Dropbox Public Comps

See valuation multiples for Dropbox public comps
EV/Revenue EV/EBITDA
2025E 2026E 2027E 2025E 2026E 2027E
Dropsuite XXX XXX XXX XXX XXX XXX
Dubber XXX XXX XXX XXX XXX XXX
DUG Tech XXX XXX XXX XXX XXX XXX
Megaport XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX

Valuation data powered by FactSet, Inc.

Dropbox M&A and Investment Activity

Dropbox acquired  XXX companies to date.

Last acquisition by Dropbox was  XXXXXXXX, XXXXX XXXXX XXXXXX . Dropbox acquired  XXXXXXXX for  XXX (EV/Revenue multiple of  XXX ).

See M&A valuation multiples

Latest Acquisitions by Dropbox

Acquired Company EV EV/Revenue EV/EBITDA
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX

Get Verified M&A Valuation Multiples

Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.

Sign Up

About Dropbox

When was Dropbox founded? Dropbox was founded in 2007.
Where is Dropbox headquartered? Dropbox is headquartered in United States of America.
How many employees does Dropbox have? As of today, Dropbox has 2.7K+ employees.
Who is the CEO of Dropbox? Dropbox's CEO is Mr. Andrew W. Houston.
Is Dropbox publicy listed? Yes, Dropbox is a public company listed on NAS.
What is the stock symbol of Dropbox? Dropbox trades under DBX ticker.
When did Dropbox go public? Dropbox went public in 2018.
Who are competitors of Dropbox? Similar companies to Dropbox include e.g. Dropsuite, Dubber, DUG Tech, Megaport.
What is the current market cap of Dropbox? Dropbox's current market cap is $9.7B
What is the current revenue of Dropbox? Dropbox's last 12-month revenue is $2.5B.
What is the current EBITDA of Dropbox? Dropbox's last 12-month EBITDA is $1.1B.
What is the current EV/Revenue multiple of Dropbox? Current revenue multiple of Dropbox is 4.2x.
What is the current EV/EBITDA multiple of Dropbox? Current EBITDA multiple of Dropbox is 10.1x.
What is the current revenue growth of Dropbox? Dropbox revenue growth between 2023 and 2024 was 2%.
Is Dropbox profitable? Yes, Dropbox is EBITDA-positive (as of the last 12 months).

Join Now Or Talk To Us

Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.