RingCentral RNG Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 71.6%+0.4pp | 71.2%+0.1pp | 71.1%+0.3pp | 70.8%+0.2pp | 70.5%-0.1pp | |
| Operating margin | 6.3%+1.5pp | 4.8%+1.0pp | 3.8%+1.1pp | 2.7%+1.7pp | 1%+0.9pp | |
| Net margin | 3.3%+1.6pp | 1.7%+1.2pp | 0.5%+1.0pp | -0.5%+1.2pp | -1.7%+0.8pp | |
| Returns | ||||||
| Return on invested capital | 22.8%+10.2pp | 12.6%+6.6pp | 6%-2.1pp | 8.2%+5.3pp | 2.8%+2.5pp | |
| Efficiency | ||||||
| Asset turnover | 1.7×+0.1× | 1.5×+0.1× | 1.5×+0.1× | 1.4×0.0× | 1.4×+0.1× | |
| Liquidity | ||||||
| Current ratio | 1.1×+0.5× | 0.6×0.0× | 0.6×0.0× | 0.6×0.0× | 0.6×-0.5× | |
| Leverage | ||||||
| Net debt / EBITDA | 3×-0.4× | 3.4×-0.3× | 3.7×-0.3× | 4×-1.2× | 5.1×-1.3× | |
| Per Share | ||||||
| Book value per share | -$7.00-8.6% | -$6.45-11.1% | -$5.80-9.8% | -$5.29+11.1% | -$5.95+0.6% | |
| Valuation | ||||||
| Market capitalization | $3.13B+26.4% | $2.47B-3.6% | $2.57B+3.4% | $2.48B+10.5% | $2.25B-28.7% | |
| Price / earnings | 37.1×-19.9× | 57×-137× | 193.9×— | —— | —— | |
| Price / sales | 1.2×+0.2× | 1×0.0× | 1×0.0× | 1×+0.1× | 0.9×-0.4× | |
| EV / EBITDA | 11.1×+0.5× | 10.6×-1.2× | 11.8×-0.9× | 12.7×-1.6× | 14.3×-6.1× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are RingCentral's profit margins?
- RingCentral (RNG) runs a 71.6% gross margin and a 6.3% operating margin, with a 3.3% net margin.
- Where do RingCentral's ratios come from?
- Every ratio is computed from RingCentral's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
