Dropbox (DBX) vs Tenable (TENB)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Tenable (TENB) has outperformed Dropbox (DBX) over the past year, gaining 30.5% versus a gain of 15.5%. Over five years, DBX leads with a +12.7% price change compared with -23.3% for TENB. Dropbox is the larger company by market cap ($7.42 billion vs $4.30 billion), about 1.7 times the size, while Tenable is growing revenue faster (+11.0% vs -1.1%).
On valuation, Dropbox trades at a lower forward P/E (10.3x vs 17.9x for Tenable). Dropbox converts more of its revenue into profit, with a net margin of 20.2% versus -3.6%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | DBX | TENB |
|---|---|---|
| Share price | $34.14 | $39.01 |
| Market cap | $7.42B | $4.30B |
| 1-day change | +3.20% | +0.18% |
| YTD return | +22.81% | +65.79% |
| 1-year return | +15.49% | +30.47% |
| 5-year return | +12.71% | -23.28% |
| P/E ratio (TTM) | 18.86 | 650.17 |
| Forward P/E | 10.33 | 17.89 |
| EPS (TTM) | $1.81 | $0.06 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $2.52B | $999.40M |
| Revenue growth (YoY) | -1.07% | +11.04% |
| Net income (latest FY) | $508.40M | $-36.12M |
| Gross margin | 80.13% | 78.09% |
| Operating margin | 27.33% | -0.92% |
| Net margin | 20.17% | -3.61% |
| 52-week high | $38.17 | $43.67 |
| 52-week low | $21.70 | $15.73 |
| Distance from 52-week high | -10.56% | -10.67% |
| Analyst consensus | underperform | hold |
| Avg. price target upside | -6.85% | -9.38% |
| Average volume | 4.19M | 4.06M |
| Shares outstanding | 142.30M | 110.14M |
| Employees | 2,113 | 1,995 |
| Sector | Technology | Technology |
| Industry | Software - Infrastructure | Software - Infrastructure |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- TENB has outperformed DBX by 15.0 percentage points over the past year.
- Tenable trades at a higher earnings multiple (650.2x vs 18.9x trailing P/E).
- Dropbox is more profitable, keeping 20.2 cents of every revenue dollar as net income versus -3.6 cents for Tenable.
- Tenable grew revenue faster in its latest fiscal year (+11.04% vs -1.07%).
About Dropbox
DBX stock →Dropbox, Inc. provides a content collaboration platform in the United States and internationally.
Technology · Software - Infrastructure · 2,113 employees
About Tenable
TENB stock →Tenable Holdings, Inc. provides cyber exposure management solutions in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan.
Technology · Software - Infrastructure · 1,995 employees
DBX vs TENB FAQ
Which is bigger, Dropbox or Tenable?
Dropbox (DBX) is larger, with a market capitalization of $7.42B compared with $4.30B for Tenable (TENB).
Which stock has performed better over the past year, DBX or TENB?
TENB returned +30.47% over the past 12 months, compared with +15.49% for DBX (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, DBX or TENB?
DBX has the lower trailing P/E at 18.9, versus 650.2 for TENB. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Dropbox and Tenable in the same industry?
Yes. Both are classified in the Software - Infrastructure industry within the Technology sector.