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RingCentral RNG Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Gross margin71.2%+0.6pp70.6%+0.8pp69.8%+2.1pp67.7%-4.2pp
Operating margin4.8%+4.7pp0.1%+9.1pp-9%+23.6pp-32.7%-13.7pp
Net margin1.7%+4.2pp-2.4%+5.1pp-7.5%+36.7pp-44.2%-20.6pp
EBITDA margin13.6%+4.3pp9.4%+7.8pp1.6%+21.9pp-20.3%-9.2pp
Free cash flow margin23.4%+4.3pp19.1%+2.0pp17.1%+9.1pp8%+0.3pp
Returns
Return on assets2.7%+5.8pp-3.1%+5.1pp-8.2%+29.6pp-37.8%-22.0pp
Return on invested capital12.6%+12.3pp0.3%+19.4pp-19.1%+73.5pp-92.6%+19.9pp
Efficiency
Asset turnover1.5×+0.3×1.3×+0.2×1.1×+0.2×0.9×+0.2×
Inventory turnover666×+150×515.9×+24.0×491.9×+305×187×+42.5×
Liquidity
Current ratio0.6×-0.5×1.2×-0.2×1.3×+0.1×1.2×0.0×
Quick ratio0.6×-0.5×1.2×-0.2×1.3×+0.1×1.2×0.0×
Cash ratio0.1×-0.1×0.2×0.0×0.2×0.0×0.1×0.0×
Leverage
Debt-to-assets0.9×0.0×0.9×+0.1×0.8×0.0×0.8×+0.8×
Net debt / EBITDA3.4×-3.1×6.4×-35.6×42×
Interest coverage+2.0×+5.6×-5.5×+130×-135.1×-130×
Per Share
Book value per share-$6.45-7.8%-$5.98-13.0%-$5.30-4.5%-$5.07-237%
Valuation
Market capitalization$2.47B-21.5%$3.15B-1.0%$3.18B-6.4%$3.4B-80.6%
Enterprise value$3.64B-21.0%$4.6B-1.2%$4.66B-6.6%$4.99B-71.4%
Price / earnings57×
Price / sales-0.3×1.3×-0.1×1.4×-0.3×1.7×-9.3×
EV / EBITDA10.6×-9.8×20.4×-112×132.6×
EV / sales1.4×-0.5×1.9×-0.2×2.1×-0.4×2.5×-8.4×
Free cash flow yield23.8%+9.2pp14.5%+2.7pp11.8%+7.2pp4.7%+4.0pp
Earnings yield1.8%+3.6pp-1.9%+3.3pp-5.2%+20.7pp-25.9%-23.7pp

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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.