Box, Inc. (BOX) Financial Ratios
14 years of historical data (2013–2026) · Technology · Software - Infrastructure
EV/EBITDA
↓
34.00
↓-33% vs avg
5yr avg: 50.46
30Y Low36.3·High79.7
P/FCF
↓
9.82
↓-32% vs avg
5yr avg: 14.37
30Y Low10.6·High126.4
P/B Ratio
↓
N/A
—
5yr avg: 44.20
30Y Low8.4·High199.0
ROE
↓
N/A
—
5yr avg: 569.6%
30Y Low-346%·High189%
Debt/EBITDA
↓
8.52
+14% vs avg
5yr avg: 7.44
30Y Low4.8·High17.1
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
BOX Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Box, Inc. trades at 42.1x earnings, 41% below its 5-year average of 71.0x, sitting at the 50th percentile of its historical range. Compared to the Technology sector median P/E of 29.0x, the stock trades at a premium of 45%. On a free-cash-flow basis, the stock trades at 9.8x P/FCF, 32% below the 5-year average of 14.4x.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $3.4B | $3.7B | $5.0B | $3.9B | $4.8B | $4.1B | $2.7B | $2.2B | $3.0B | $3.0B | $2.2B |
| Enterprise Value | $4.1B | $4.4B | $5.1B | $4.0B | $4.9B | $4.3B | $2.8B | $2.4B | $2.9B | $2.9B | $2.1B |
| P/E Ratio → | 42.10 | 42.97 | 24.55 | 38.78 | 177.72 | — | — | — | — | — | — |
| P/S Ratio | 2.92 | 3.15 | 4.55 | 3.72 | 4.85 | 4.65 | 3.51 | 3.19 | 4.86 | 5.89 | 5.46 |
| P/B Ratio | — | — | 25.16 | 63.25 | — | — | 17.89 | 99.34 | 94.16 | 199.00 | 29.12 |
| P/FCF | 9.82 | 10.59 | 15.05 | 12.18 | 16.37 | 17.67 | 14.39 | 56.57 | 72.99 | 126.38 | — |
| P/OCF | 9.65 | 10.41 | 14.94 | 12.11 | 16.12 | 17.31 | 13.73 | 49.67 | 53.45 | 84.16 | — |
P/E links to full P/E history page with 30-year chart
BOX EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Box, Inc.'s enterprise value stands at 34.0x EBITDA, 33% below its 5-year average of 50.5x. The Technology sector median is 16.7x, placing the stock at a 103% premium on an enterprise-value basis.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.70 | 4.64 | 3.82 | 4.96 | 4.88 | 3.57 | 3.52 | 4.69 | 5.64 | 5.20 |
| EV / EBITDA | 34.00 | 36.25 | 49.74 | 38.91 | 47.76 | 79.65 | 72.83 | — | — | — | — |
| EV / EBIT | 49.17 | 42.11 | 55.46 | 78.19 | 133.31 | — | — | — | — | — | — |
| EV / FCF | — | 12.45 | 15.35 | 12.52 | 16.73 | 18.56 | 14.67 | 62.40 | 70.41 | 121.19 | — |
BOX Profitability
Margins and return-on-capital ratios measuring operating efficiency
Box, Inc. earns an operating margin of 7.1%. Operating margins have expanded from 4.9% to 7.1% over the past 3 years, signaling improving operational efficiency. ROIC of 19.4% represents solid returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 79.2% | 79.2% | 79.1% | 74.9% | 74.5% | 71.5% | 70.8% | 69.0% | 71.5% | 73.3% | 71.9% |
| Operating Margin | 7.1% | 7.1% | 7.3% | 4.9% | 3.7% | -3.2% | -4.9% | -20.0% | -22.1% | -30.4% | -37.8% |
| Net Profit Margin | 8.6% | 8.6% | 22.4% | 12.4% | 2.7% | -4.7% | -5.6% | -20.7% | -22.1% | -30.6% | -38.1% |
Return on Capital
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | 189.4% | 949.7% | — | — | -50.1% | -537.0% | -580.6% | -345.5% | -142.8% |
| ROA | 6.3% | 6.3% | 16.8% | 10.5% | 2.1% | -3.0% | -3.8% | -17.9% | -22.4% | -29.6% | -30.6% |
| ROIC | 19.4% | 19.4% | 25.8% | 31.5% | 38.0% | -290.3% | -12.4% | -117.5% | — | — | — |
| ROCE | 11.2% | 11.2% | 12.2% | 9.6% | 6.3% | -3.9% | -6.7% | -49.0% | -77.5% | -86.7% | -68.1% |
BOX Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Box, Inc. carries a Debt/EBITDA ratio of 8.5x, which is highly leveraged (189% above the sector average of 2.9x). Net debt stands at $649M ($1.0B total debt minus $375M cash). Interest coverage of 9.7x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | 3.66 | 8.06 | — | — | 4.29 | 18.99 | 3.60 | 5.73 | 1.01 |
| Debt / EBITDA | 8.52 | 8.52 | 7.09 | 4.82 | 5.20 | 11.59 | 17.13 | — | — | — | — |
| Net Debt / Equity | — | — | 0.49 | 1.77 | — | — | 0.35 | 10.24 | -3.33 | -8.17 | -1.36 |
| Net Debt / EBITDA | 5.40 | 5.40 | 0.95 | 1.06 | 1.04 | 3.83 | 1.40 | — | — | — | — |
| Debt / FCF | — | 1.85 | 0.29 | 0.34 | 0.36 | 0.89 | 0.28 | 5.83 | -2.58 | -5.19 | — |
| Interest Coverage | 9.68 | 9.68 | 15.02 | — | 7.56 | -2.81 | -5.37 | -59.65 | -420.56 | -151.27 | -167.39 |
BOX Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.05x means Box, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 1.24x to 1.05x over the past 3 years.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.05 | 1.05 | 1.19 | 1.24 | 1.13 | 1.27 | 1.43 | 0.79 | 0.93 | 1.01 | 1.08 |
| Quick Ratio | 1.05 | 1.05 | 1.19 | 1.24 | 1.13 | 1.27 | 1.43 | 0.79 | 0.93 | 1.01 | 1.08 |
| Cash Ratio | 0.60 | 0.60 | 0.78 | 0.71 | 0.64 | 0.82 | 0.97 | 0.34 | 0.47 | 0.53 | 0.60 |
| Asset Turnover | — | 0.76 | 0.65 | 0.84 | 0.82 | 0.63 | 0.57 | 0.73 | 0.94 | 0.91 | 0.81 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 100.81 | 98.00 | 99.01 | 97.44 | 107.00 | 108.12 | 109.79 | 105.07 | 116.92 | 109.99 |
BOX Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Box, Inc. returns 8.8% to shareholders annually — split between a 0.4% dividend yield and 8.4% buyback yield. The earnings yield of 2.4% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.4% | 0.4% | 0.3% | 0.4% | 0.3% | 0.2% | — | — | — | — | — |
| Payout Ratio | — | — | 6.1% | 11.6% | 56.2% | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 2.4% | 2.3% | 4.1% | 2.6% | 0.6% | — | — | — | — | — | — |
| FCF Yield | 10.2% | 9.4% | 6.6% | 8.2% | 6.1% | 5.7% | 6.9% | 1.8% | 1.4% | 0.8% | — |
| Buyback Yield | 8.4% | 7.8% | 4.3% | 4.6% | 5.7% | 13.8% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 8.8% | 8.2% | 4.6% | 5.0% | 6.0% | 14.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $146M | $149M | $149M | $150M | $156M | $156M | $148M | $141M | $134M | $127M |
Peer Comparison
Compare BOX with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 BOXYou | $3B | 42.1 | 34.0 | 9.8 | 79.2% | 7.1% | — | 19.4% | 8.5 |
 DDOG | $79B | 743.3 | 1030.2 | 79.3 | 80.0% | -1.3% | 3.3% | -0.8% | 19.6 |
 DOCN | $18B | 68.8 | 63.0 | 106.5 | 59.9% | 17.4% | — | 15.6% | 2.5 |
 DBX | $7B | 14.0 | 11.4 | 7.1 | 80.1% | 27.4% | — | 47.8% | 4.6 |
 OTEX | $5B | 12.5 | 6.3 | 7.3 | 72.3% | 20.1% | 10.7% | 8.2% | 4.0 |
 MSFT | $2.8T | 27.8 | 17.8 | 39.4 | 68.8% | 45.6% | 33.3% | 24.9% | 0.7 |
 GOOGL | $4.5T | 34.0 | 29.8 | 60.8 | 59.7% | 32.1% | 35.7% | 25.1% | 0.4 |
 CRM | $124B | 19.5 | 10.7 | 8.6 | 77.7% | 21.5% | 12.4% | 10.1% | 1.4 |
 NOW | $98B | 56.9 | 38.2 | 21.5 | 77.5% | 13.7% | 15.5% | 12.4% | 1.3 |
 HUBS | $9B | 204.7 | 49.0 | 12.7 | 83.8% | 0.4% | 2.3% | 0.4% | 2.8 |
 AMZN | $2.6T | 34.1 | 18.5 | 341.6 | 50.3% | 11.2% | 22.3% | 14.7% | 1.0 |
| Technology Median | — | 29.0 | 16.7 | 19.2 | 48.8% | 0.2% | 1.6% | 2.7% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 14 years · Updated daily
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
10-year return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare
BOX — Frequently Asked Questions
Quick answers to the most common questions about buying BOX stock.
What is Box, Inc.'s P/E ratio?
Box, Inc.'s current P/E ratio is 42.1x. The historical average is 71.0x. This places it at the 50th percentile of its historical range.
What is Box, Inc.'s EV/EBITDA?
Box, Inc.'s current EV/EBITDA is 34.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 54.2x.
Is BOX stock overvalued?
Based on historical data, Box, Inc. is trading at a P/E of 42.1x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Box, Inc.'s dividend yield?
Box, Inc.'s current dividend yield is 0.41%.
What are Box, Inc.'s profit margins?
Box, Inc. has 79.2% gross margin and 7.1% operating margin.
How much debt does Box, Inc. have?
Box, Inc.'s Debt/EBITDA ratio is 8.5x, indicating high leverage. A ratio above 4x may signal elevated financial risk.