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Dropbox (WBO:DBX) Tax Rate % : 12.44% (As of Mar. 2024)


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What is Dropbox Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Dropbox's Tax Expense for the three months ended in Mar. 2024 was €17 Mil. Dropbox's Pre-Tax Income for the three months ended in Mar. 2024 was €139 Mil. Therefore, Dropbox's Tax Rate % for the quarter that ended in Mar. 2024 was 12.44%.

Dropbox Tax Rate % Historical Data

The historical data trend for Dropbox's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Dropbox Tax Rate % Chart

Dropbox Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only -1.35 -2.44 -12.20 -187.08 18.18

Dropbox Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.23 26.78 15.79 16.53 12.44

Dropbox Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Dropbox's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=92.434/508.385
=18.18 %

Dropbox's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=17.296/139.012
=12.44 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Dropbox Tax Rate % Related Terms

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Dropbox (WBO:DBX) Business Description

Industry
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Traded in Other Exchanges
DBX:USA DBX:Mexico
Address
1800 Owens Street, San Francisco, CA, USA, 94158
Website
https://www.dropbox.com
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.