Dropbox (MEX:DBX) Tax Rate %: 19.02% (As of Mar. 2026)

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MEX:DBX Dropbox Inc MEX:DBX
60 GF Score
Price MXN530.00
GF Value MXN602.70
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Dropbox Tax Rate %?

Dropbox MEX:DBX +2.12% 60 Tax Rate % is 19.02% as of Mar. 2026. GuruFocus rates MEX:DBX with a GF Score™ of 60/100 and a GF Value™ of MXN602.70 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Dropbox's Tax Expense for the three months ended in Mar. 2026 was MXN485 Mil. Dropbox's Pre-Tax Income for the three months ended in Mar. 2026 was MXN2,550 Mil. Therefore, Dropbox's Tax Rate % for the quarter that ended in Mar. 2026 was 19.02%.

Dropbox Tax Rate % Related Terms

Dropbox Tax Rate % Historical Data

* Premium members only.

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.

Dropbox Tax Rate % Chart

Dropbox Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.20 -187.08 18.18 11.28 17.68

Dropbox Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 11.33 15.02 21.25 24.04 19.02
MEX:DBX
60GF Score
Dropbox Inc MEX:DBX
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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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. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=1966.222/11120.32
=17.68 %

Dropbox's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=485.08/2549.824
=19.02 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 19.02% mean?
Dropbox (MEX:DBX) has a Tax Rate % of 19.02% as of Mar. 2026.
Is Dropbox's Tax Rate % too high?
Dropbox's current Tax Rate % is 19.02%. Overall, Dropbox has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dropbox's Tax Rate % compare to MBGLw and DOX?
Dropbox's Tax Rate % of 19.02% can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Software company?
A good Tax Rate % depends on the Software industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Dropbox's current Tax Rate % is 19.02%. 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 MXN602.70, compared to a current price of MXN530.00 — trading 12.1% below its estimated fair value. The current Tax Rate % is 19.02%. Dropbox's overall GF Score™ is 60/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Dropbox (MEX:DBX), the current Tax Rate % is 19.02% 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 MXN530.00 is trading 12.1% below its estimated GF Value™ of MXN602.70. GuruFocus considers Dropbox to be Modestly Undervalued.

Key valuation signals for MEX:DBX:

  • Tax Rate %: 19.02%
  • GF Value™: MXN602.70 vs. price of MXN530.00 (12.1% below fair value)
  • GF Score™: 60/100 with 3 warning signs

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 Business Description

Address 1800 Owens Street, San Francisco, CA, USA, 94158
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.
60GF Score

Get the complete analysis for MEX:DBX

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN530.00
Price
MXN602.70
GF Value