Is DROPBOX, INC. (DBX) Halal?

NASDAQ Technology United States $5.5B
✗ NOT HALAL
Confidence: 90/100
DROPBOX, INC. (DBX) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 53.5% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. DROPBOX, INC. operates in the Technology sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 53.5%
/ 30%
15.5%
/ 30%
1.2%
/ 30%
0.33%
/ 5%
✗ NOT HALAL
DJIM 53.5%
/ 33%
15.5%
/ 33%
1.2%
/ 33%
0.33%
/ 5%
✗ NOT HALAL
MSCI 126.1%
/ 33%
36.5%
/ 33%
2.8%
/ 33%
0.33%
/ 5%
✗ NOT HALAL
S&P 53.5%
/ 33%
15.5%
/ 33%
1.2%
/ 33%
0.33%
/ 5%
✗ NOT HALAL
FTSE 126.1%
/ 33%
36.5%
/ 33%
2.8%
/ 50%
0.33%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
11.9
Forward: 6.6
EPS
$1.86
P/B Ratio
-3.0
EV/EBITDA
9.3
EV: $7.9B
Revenue
$2.5B
Growth: -1.2%
Beta
0.6
Low volatility
Current Ratio
0.6

Profitability

Gross Margin 80.2%
Operating Margin 24.9%
Net Margin 20.2%
Return on Assets (ROA) 14.0%

Cash Flow & Balance Sheet

Operating Cash Flow$952M
Free Cash Flow$930M
Total Debt$3.6B
Current Ratio0.6
Total Assets$2.8B

Price & Trading

Last Close$22.77
50-Day MA$25.22
200-Day MA$27.84
Avg Volume4.1M
Beta0.6
52-Week Range
$22.00
$32.40

About DROPBOX, INC. (DBX)

CEO
Mr. Andrew W. Houston
Employees
2,113
Sector
Technology
Industry
Software - Infrastructure
Country
United States
Exchange
NASDAQ
Market Cap
$5.5B
Currency
USD

Dropbox, Inc. provides a content collaboration platform in the United States and internationally. The company's platform enables individuals, families, teams, and organizations to collaborate for free through its website or app, or through a paid subscription plan for premium features. Its platform consists of various elements, such as unified home for content, global sharing network, and product experiences and integrations. The company serves customers in the professional services, technology, media, education, industrial, consumer and retail, and financial services industries. The company was formerly known as Evenflow, Inc. and changed its name to Dropbox, Inc. in October 2009. Dropbox, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.

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Frequently Asked Questions

Is DROPBOX, INC. (DBX) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), DROPBOX, INC. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is DROPBOX, INC.'s debt ratio?

DROPBOX, INC.'s debt ratio is 53.5% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 126.1%.

What are DROPBOX, INC.'s key financial metrics?

DROPBOX, INC. has a market capitalization of $5.5B, trailing P/E ratio of 11.9, and revenue of $2.5B. The company maintains a gross margin of 80.2% and a net margin of 20.2%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.