BOXBox, Inc.
Is the business good?
A genuinely good business: earnings fully cash-backed (4.3×) and margins widening.
Mixed fundamental signals. Nine pass/fail tests of year-over-year health from the filings.
Operating profit is fully backed by cash. Conversion is worsening vs a year ago.
Positive operating leverage, operating profit is growing faster than sales, so margins widen as the business scales.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is BOX?
Box, Inc. keeps 9.4% of every revenue dollar as operating profit, against 5.8% for the median Software - Infrastructure name.
Operating margin · Software - Infrastructure median 5.8% · 12 months to Q2 2027
- Cash conversion
- 4.29×
Cash conversion · 6.26× a year ago · operating cash flow covers the operating profit after tax
- Share count, year on year
- −7.5%
Share count, year on year · bought back, each share owns more of the company
- R&D as % of revenue
- 25%
R&D as % of revenue
| Year | Operating margin |
|---|---|
| FY2021 | −4.9% |
| FY2022 | −3.2% |
| FY2023 | 3.7% |
| FY2024 | 4.9% |
| FY2025 | 7.3% |
| FY2026 | 7.1% |
Details›
- Gross margin12 months to Q2 2027
- 80%
- Operating margin12 months to Q2 2027
- 9.4%
- Net margin12 months to Q2 2027
- 11%
- Free cash flow margin
- 32%
- R&D as % of revenue
- 25%
- Revenue, trailing twelve months
- $1.23B
- Free cash flow, trailing twelve months
- $389M
- Net income, trailing twelve months
- $131M
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Software, Infrastructure
Ranks #21 of 80 by RyuScore