RingCentral, Inc.

RingCentral, Inc.verified

RNG

Price:

$28.06

Market Cap:

$2.58B

RingCentral, Inc. provides software-as-a-service solutions that enable businesses to communicate, collaborate, and connect in North America. The company offers business cloud communications and contact center solutions based on its Message Video Phone? platform. Its products include RingCentral Office that provides communication and collaboration across various modes, including high-definition voice, video, SMS, messaging and collaboration, conferencing, online meetings, and fax; RingCentral Contact Center, a collaborative contact center solution that delivers omni-channel; and RingCentral Engage Digital, a digital customer engagement platform that allows enterprises to interact with their c...[Read more]

Industry

Software - Application

IPO Date

2013-09-27

Stock Exchange

NYSE

Ticker

RNG

The ROE as of September 2024 (TTM) for RingCentral, Inc. (RNG) is 26.03%

According to RingCentral, Inc.’s latest financial reports and current stock price. The company's current ROE is 26.03%. This represents a change of 295.29% compared to the average of 6.59% of the last 4 quarters.

RingCentral, Inc. (RNG) Historical ROE (quarterly & annually)

How has RNG ROE performed in the past?

The mean historical ROE of RingCentral, Inc. over the last ten years is -1.39%. The current 26.03% ROE has changed -1976.24% with respect to the historical average. Over the past ten years (40 quarters), RNG's ROE was at its highest in in the September 2022 quarter at 626.53%. The ROE was at its lowest in in the September 2021 quarter at -324.23%.

Quarterly (TTM)
Annual

Average

-1.39%

Median

-18.86%

Minimum

-69.88%

Maximum

182.10%

RingCentral, Inc. (RNG) ROE by Quarter and Year

Discovering the peaks and valleys of RingCentral, Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 269.75%

Maximum Annual ROE = 182.10%

Minimum Annual Increase = -360.59%

Minimum Annual ROE = -69.88%

Quarterly (TTM)
Annual
YearROEChange
202332.88%-81.94%
2022182.10%-360.59%
2021-69.88%162.90%
2020-26.58%269.75%
2019-7.19%-12.86%
2018-8.25%-45.65%
2017-15.18%-32.65%
2016-22.54%-22.67%
2015-29.15%-41.81%
2014-50.09%-30.98%

RingCentral, Inc. (RNG) Average ROE

How has RNG ROE performed in the past?

The current ROE of RingCentral, Inc. (RNG) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

48.37%

5-year avg

22.27%

10-year avg

-1.39%

RingCentral, Inc. (RNG) ROE vs. Peers

How is RNG’s ROE compared to its peers?

RingCentral, Inc.’s ROE is less than Autodesk, Inc. (53.04%), less than Intuit Inc. (16.67%), less than Zoom Video Communications, Inc. (10.85%), greater than Snowflake Inc. (-21.65%), less than ServiceNow, Inc. (14.51%), less than Domo, Inc. (50.84%), greater than LivePerson, Inc. (-195.91%), less than Elastic N.V. (9.17%), less than Sprinklr, Inc. (8.37%), less than Workday, Inc. (19.75%), greater than C3.ai, Inc. (-31.28%), less than monday.com Ltd. (4.93%), less than Datadog, Inc. (7.73%), greater than GitLab Inc. (-62.41%), less than ZoomInfo Technologies Inc. (0.75%), greater than HubSpot, Inc. (-1.98%),

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