• Dropbox average ebitda margin for 2023 was 19.29%, a 10.24% increase from 2022.
• Dropbox average ebitda margin for 2022 was 21.49%, a 352.42% decline from 2021.
• Dropbox average ebitda margin for 2021 was 4.75%, a 33.57% increase from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.