DropboxMEX:DBX 59 OCF Margin % is 32.49% as of Mar. 2026, which is 3% above its 10-year median of 31.57. GuruFocus rates MEX:DBX with a GF Score™ of 59/100 and a GF Value™ of MXN680.27 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,816 Software companies, Dropbox ranks better than 94.53% on this metric.
The historical rank and industry rank for Dropbox's OCF Margin % or its related term are showing as below:
MEX:DBX'
s OCF Margin % Range Over the Past 10 Years
Min: 29.82 Med: 31.57 Max: 37.75
Current: 39.79
During the past 11 years, the highest OCF Margin % of Dropbox was 37.75%. The lowest was 29.82%. And the median was 31.57%.
MEX:DBX's OCF Margin % is ranked better than 94.53% of 2816
companies
in the Software industry
Industry Median: 6.77
vs MEX:DBX: 39.79
Dropbox OCF Margin % Related Terms
Dropbox OCF Margin % Historical Data
* Premium members only.
The historical data trend for Dropbox's OCF Margin % 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.
MEX:DBX vs PATH, DOX, ZETA: OCF Margin % Comparison
For the Software - Infrastructure subindustry, Dropbox's OCF Margin %, along with its competitors' market caps and OCF Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Dropbox OCF Margin % vs Software Industry
For the Software industry and Technology sector, Dropbox's OCF Margin % distribution charts can be found below:
* The bar in red indicates where Dropbox's OCF Margin % falls into.
* 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 (MEX:DBX) has a OCF Margin % of 32.49% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Dropbox and its competitors. This is near median its historical median of 31.57. Over the past decade, Dropbox's OCF Margin % has ranged from 29.82 to 37.75. According to the industry distribution chart, Dropbox ranks #154 out of 2816 companies in the Software industry, placing it in the top 5.5%.
Is Dropbox's OCF Margin % too high?
Dropbox's current OCF Margin % of 32.49% is near median its 10-year median of 31.57. Over the past 10 years, this metric has ranged from a low of 29.82 to a high of 37.75. The Software industry median OCF Margin % is 6.77. Dropbox's value of 32.49% is 379.9% above this industry median. Based on the distribution chart, Dropbox ranks #154 out of 2816 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Dropbox has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dropbox's OCF Margin % compare to PATH and DOX?
According to the Software industry distribution chart, Dropbox ranks #154 out of 2816 companies for OCF Margin %. This places Dropbox in the top 6% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 6.77. Dropbox's value of 32.49% is 379.9% above this benchmark. Historically, Dropbox's own OCF Margin % has ranged from 29.82 to 37.75 over the past decade. While the company's 10-year median is 31.57 vs. the industry median of 6.77, Dropbox has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Margin % for a Software company?
The median OCF Margin % among Software companies is 6.77, based on 2,816 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dropbox's current OCF Margin % of 32.49% is 379.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Dropbox and its competitors. For the Software industry, the median OCF Margin % is 6.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dropbox's current OCF Margin % is 32.49%, which is near median its own 10-year median of 31.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dropbox stock overvalued right now?
Based on GuruFocus' analysis, Dropbox (MEX:DBX) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN680.27, compared to a current price of MXN493.10 — trading 27.5% below its estimated fair value. The current OCF Margin % is 32.49%, which is near median its 10-year median of 31.57 and 379.9% above the Software industry median of 6.77. Dropbox's overall GF Score™ is 59/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Dropbox (MEX:DBX), the current OCF Margin % is 32.49% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Dropbox (MEX:DBX) Overvalued in 2026?
Based on GuruFocus' analysis, Dropbox stock appears to be undervalued.
The current stock price of MXN493.10 is trading 27.5% below its estimated GF Value™ of MXN680.27.
GuruFocus considers Dropbox to be Modestly Undervalued.
Key valuation signals for MEX:DBX:
OCF Margin %: 32.49% (near median its 10-year median of 31.57)
GF Value™: MXN680.27 vs. price of MXN493.10 (27.5% below fair value)
Industry Position: 379.9% above the Software median (#154 of 2816)
No single metric tells the full story. See the MEX:DBX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dropbox provides cloud storage and content collaboration tools, focusing on individuals and small to midsize businesses. Founded in 2007, Dropbox was a pioneer in the file sync and share market. In recent years, the firm has been emphasizing its Dash product, which facilitates AI-powered universal search across unstructured cloud data.
59GF Score
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