RingCentral (RNG) Financials

$25.96 -0.60 (-2.24%)

Closing price 05/23/2025 03:59 PM Eastern

Extended Trading

$26.10 +0.14 (+0.54%)

As of 05/23/2025 06:33 PM Eastern

Annual Income Statements for RingCentral

This table shows RingCentral's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	-58	-165	-879	-376	-83	-54	-26	-4.20	-16	-32
Consolidated Net Income / (Loss)	-58	-165	-879	-376	-83	-54	-26	-4.20	-16	-32
Net Income / (Loss) Continuing Operations	-58	-165	-879	-376	-83	-54	-26	-4.20	-16	-32
Total Pre-Tax Income	-47	-157	-874	-374	-82	-57	-26	-3.95	-16	-33
Total Operating Income	2.67	-199	-649	-302	-113	-46	-16	-5.34	-13	-31
Total Gross Profit	1,695	1,538	1,347	1,146	860	672	516	382	380	209
Total Revenue	2,400	2,202	1,988	1,595	1,184	903	674	504	380	296
Operating Revenue	2,400	2,202	1,988	1,595	1,184	903	674	504	380	271
Total Cost of Revenue	706	664	642	448	324	231	157	121	0.00	87
Operating Cost of Revenue	706	664	642	448	324	231	157	121	-	87
Total Operating Expenses	1,692	1,737	1,996	1,448	973	717	533	388	393	240
Selling, General & Admin Expense	266	333	293	284	200	142	103	72	55	47
Marketing Expense	1,096	1,068	1,057	854	584	439	329	240	180	140
Research & Development Expense	329	336	362	310	189	136	101	75	66	53
Impairment Charge	0.00	0.00	284	0.00	0.00	-	-	-	-	-
Total Other Income / (Expense), net	-50	42	-225	-72	31	-11	-9.63	1.39	-3.12	-2.43
Interest Expense	65	36	4.81	64	49	21	16	0.10	0.75	1.12
Other Income / (Expense), net	15	78	-220	-7.55	80	9.25	6.48	1.49	-2.38	-1.31
Income Tax Expense	11	8.40	5.11	2.53	0.93	-3.33	0.14	0.26	0.24	-1.26
Basic Earnings per Share	($0.63)	($1.74)	($9.23)	($4.10)	($0.94)	($0.64)	($0.33)	($0.06)	($0.22)	($0.46)
Weighted Average Basic Shares Outstanding	92.11M	94.91M	95.24M	91.74M	88.68M	83.13M	79.50M	76.28M	72.99M	70.07M
Diluted Earnings per Share	($0.63)	($1.74)	($9.23)	($4.10)	($0.94)	($0.64)	($0.33)	($0.06)	($0.22)	($0.46)
Weighted Average Diluted Shares Outstanding	92.11M	94.91M	95.24M	91.74M	88.68M	83.13M	79.50M	76.28M	72.99M	70.07M
Weighted Average Basic & Diluted Shares Outstanding	90.72M	92.32M	95.47M	94.44M	88.68M	83.13M	79.50M	76.28M	72.99M	70.07M

This table shows RingCentral's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	-10	-7.19	-7.85	-15	-28	-47	-42	-21	-54	-284	-285
Consolidated Net Income / (Loss)	-10	-7.19	-7.85	-15	-28	-47	-42	-21	-54	-284	-285
Net Income / (Loss) Continuing Operations	-10	-7.19	-7.85	-15	-28	-47	-42	-21	-54	-284	-285
Total Pre-Tax Income	-4.37	1.59	-12	-12	-25	-45	-46	-15	-51	-282	-284
Total Operating Income	10	16	3.29	-5.36	-11	-45	-54	-45	-55	-256	-183
Total Gross Profit	432	436	429	416	414	401	389	375	373	364	342
Total Revenue	612	615	609	593	584	571	558	539	534	525	509
Operating Revenue	612	615	609	593	584	571	558	539	534	525	509
Total Cost of Revenue	180	178	180	177	170	170	169	164	161	161	167
Operating Cost of Revenue	180	178	180	177	170	170	169	164	161	161	167
Total Operating Expenses	421	421	425	422	425	446	443	420	428	620	524
Selling, General & Admin Expense	64	59	64	72	71	89	87	75	82	75	72
Marketing Expense	275	277	277	269	273	273	271	264	260	275	262
Research & Development Expense	82	85	84	80	81	85	85	80	85	89	87
Total Other Income / (Expense), net	-15	-14	-15	-6.22	-14	-0.06	8.28	31	3.22	-26	-101
Interest Expense	16	16	16	16	16	17	12	5.12	2.21	1.19	1.18
Other Income / (Expense), net	1.40	2.28	1.07	9.80	1.94	16	20	36	5.43	-25	-100
Income Tax Expense	5.96	8.78	-4.18	3.18	3.29	2.14	-3.78	6.95	3.09	2.21	0.87
Basic Earnings per Share	($0.11)	($0.07)	($0.09)	($0.16)	($0.31)	($0.49)	($0.45)	($0.23)	($0.57)	($2.97)	($2.98)
Weighted Average Basic Shares Outstanding	91.02M	92.11M	91.89M	92.75M	93.14M	94.91M	94.59M	95.34M	95.72M	95.24M	95.58M
Diluted Earnings per Share	($0.11)	($0.07)	($0.09)	($0.16)	($0.31)	($0.49)	($0.45)	($0.23)	($0.57)	($2.97)	($2.98)
Weighted Average Diluted Shares Outstanding	91.02M	92.11M	91.89M	92.75M	93.14M	94.91M	94.59M	95.34M	95.72M	95.24M	95.58M
Weighted Average Basic & Diluted Shares Outstanding	89.94M	90.72M	90.43M	91.82M	92.17M	92.32M	93.75M	94.68M	95.60M	95.47M	95.87M

This table details how cash moves in and out of RingCentral's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	21	-48	2.82	-373	296	-223	386	22	23	24
Net Cash From Operating Activities	483	400	191	152	-35	65	72	41	30	5.09
Net Cash From Continuing Operating Activities	483	400	191	152	-35	65	72	41	30	5.09
Net Income / (Loss) Continuing Operations	-58	-165	-879	-376	-83	-54	-26	-4.20	-16	-32
Consolidated Net Income / (Loss)	-58	-165	-879	-376	-83	-54	-26	-4.20	-16	-32
Depreciation Expense	223	234	247	125	76	38	23	16	15	13
Amortization Expense	167	143	120	138	96	50	36	13	7.57	0.77
Non-Cash Adjustments To Reconcile Net Income	350	381	903	390	93	121	72	43	34	23
Changes in Operating Assets and Liabilities, net	-197	-193	-199	-125	-217	-91	-33	-27	-10	-0.30
Net Cash From Investing Activities	-109	-90	-87	-397	-108	-297	-83	-26	-16	6.37
Net Cash From Continuing Investing Activities	-109	-90	-87	-397	-108	-297	-83	-26	-16	6.37
Purchase of Property, Plant & Equipment	-25	-24	-33	-29	-44	-28	-27	-19	-14	-15
Acquisitions	-82	-67	-54	-44	-38	-133	-56	-7.42	-2.16	-7.18
Purchase of Investments	-2.54	0.00	-3.99	-324	-26	-136	0.00	0.00	-	-
Sale and/or Maturity of Investments	0.00	0.00	3.22	0.00	0.00	-	-	-	-	28
Net Cash From Financing Activities	-351	-358	-98	-127	438	9.04	397	6.78	9.33	13
Net Cash From Continuing Financing Activities	-351	-358	-98	-127	438	9.04	397	6.78	9.33	13
Repayment of Debt	-29	-837	-4.82	-338	-1,086	-0.94	0.00	-15	-4.02	-6.74
Repurchase of Common Equity	-322	-311	-100	0.00	0.00	-	-15	0.00	-	-
Issuance of Debt	0.00	786	0.00	0.00	1,627	0.00	449	0.00	-	-
Issuance of Common Equity	17	17	16	37	41	30	21	25	15	20
Other Financing Activities, net	-16	-13	-9.47	-25	-145	-20	-58	-3.87	-1.76	-0.15
Effect of Exchange Rate Changes	-2.22	1.02	-3.06	-0.96	1.53	0.17	-	-	-	0.32
Cash Interest Paid	59	17	0.35	0.31	0.22	0.19	0.04	0.12	0.71	1.89
Cash Income Taxes Paid	18	11	3.73	1.39	0.87	1.00	0.43	0.22	0.23	0.10

This table details how cash moves in and out of RingCentral's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-88	30	13	-3.80	-19	-210	207	-49	4.82	-35	-1.11
Net Cash From Operating Activities	150	133	127	127	96	114	87	91	109	39	42
Net Cash From Continuing Operating Activities	150	133	127	127	96	114	87	91	109	39	42
Net Income / (Loss) Continuing Operations	-10	-7.19	-7.85	-15	-28	-47	-42	-21	-54	-284	-285
Consolidated Net Income / (Loss)	-10	-7.19	-7.85	-15	-28	-47	-42	-21	-54	-284	-285
Depreciation Expense	55	55	55	56	57	59	59	58	58	62	62
Amortization Expense	42	43	43	42	40	39	37	34	33	35	33
Non-Cash Adjustments To Reconcile Net Income	84	85	86	88	91	104	99	76	102	302	298
Changes in Operating Assets and Liabilities, net	-21	-43	-48	-44	-63	-40	-66	-56	-30	-76	-66
Net Cash From Investing Activities	-19	-21	-24	-45	-19	-20	-31	-18	-21	-23	-19
Net Cash From Continuing Investing Activities	-19	-21	-24	-45	-19	-20	-31	-18	-21	-23	-19
Purchase of Property, Plant & Equipment	-5.59	-6.38	-7.43	-5.05	-6.13	-6.00	-4.36	-4.44	-8.72	-8.89	-8.34
Acquisitions	-14	-12	-17	-40	-13	-14	-27	-13	-13	-14	-13
Net Cash From Financing Activities	-220	-78	-92	-86	-95	-306	153	-122	-83	-53	-23
Net Cash From Continuing Financing Activities	-220	-78	-92	-86	-95	-306	153	-122	-83	-53	-23
Repayment of Debt	-168	-6.72	-8.00	-6.31	-8.09	-246	-160	-424	-6.58	-0.87	-0.86
Repurchase of Common Equity	-50	-77	-83	-82	-80	-62	-75	-100	-75	-55	-20
Other Financing Activities, net	-1.90	-0.63	-1.21	-8.36	-6.11	-3.83	-3.84	-3.22	-1.74	-2.75	-2.00
Effect of Exchange Rate Changes	1.33	-3.66	2.62	-0.09	-1.09	2.20	-1.30	-0.22	0.33	1.64	-2.00
Cash Interest Paid	23	6.12	22	7.69	23	6.46	6.74	3.37	0.06	0.08	0.05
Cash Income Taxes Paid	2.30	4.23	1.97	6.66	4.90	1.65	1.64	5.25	2.41	0.83	1.18

This table presents RingCentral's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Total Assets	1,780	1,945	2,074	2,579	2,185	1,451	894	360	253	215
Total Current Assets	871	849	796	651	926	536	708	265	206	171
Cash & Equivalents	243	222	270	267	640	344	566	181	160	138
Accounts Receivable	386	364	311	233	176	130	94	47	30	19
Prepaid Expenses	242	262	215	151	110	62	47	22	15	12
Plant, Property, & Equipment, net	181	184	185	167	142	89	70	43	32	28
Total Noncurrent Assets	728	912	1,092	1,761	1,116	826	117	52	15	16
Goodwill	83	67	54	55	57	55	31	9.39	9.39	9.39
Intangible Assets	259	394	528	717	118	127	19	1.46	2.24	3.27
Other Noncurrent Operating Assets	387	451	510	779	727	511	66	41	3.09	2.95
Total Liabilities & Shareholders' Equity	1,780	1,945	2,074	2,579	2,185	1,451	894	360	253	215
Total Liabilities	2,131	2,248	2,357	2,041	1,872	705	577	131	123	105
Total Current Liabilities	749	633	653	526	438	281	199	125	116	81
Short-Term Debt	181	20	0.00	-	31	0.00	-	-	15	4.02
Accounts Payable	22	53	63	70	54	35	10	7.32	7.81	5.20
Accrued Expenses	284	326	380	280	211	139	101	55	48	35
Current Deferred Revenue	262	234	210	176	142	107	-	63	45	37
Total Noncurrent Liabilities	1,383	1,615	1,704	1,514	1,434	424	377	6.25	6.59	24
Long-Term Debt	1,348	1,525	1,638	1,398	1,375	387	367	-	0.31	15
Other Noncurrent Operating Liabilities	35	90	66	116	59	37	11	6.25	6.28	9.09
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	199	199	199	199	3.79	0.00	-	-	-	-
Total Equity & Noncontrolling Interests	-551	-503	-483	339	308	746	318	228	130	110
Total Preferred & Common Equity	-551	-503	-483	339	308	746	318	228	130	110
Total Common Equity	-551	-503	-483	339	308	746	318	228	130	110
Common Stock	1,215	1,205	1,060	1,087	674	1,033	551	435	367	320
Retained Earnings	-1,757	-1,699	-1,534	-749	-372	-289	-236	-210	-240	-210
Accumulated Other Comprehensive Income / (Loss)	-8.88	-8.22	-8.78	0.64	6.81	1.95	2.23	3.00	2.74	0.53

This table presents RingCentral's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	1,632	1,818	1,832	1,873	2,182	1,960	2,046	2,316
Total Current Assets	780	859	828	831	1,052	804	851	775
Cash & Equivalents	154	213	199	203	432	225	275	305
Accounts Receivable	381	396	370	371	348	322	315	266
Prepaid Expenses	245	251	259	257	272	256	261	203
Plant, Property, & Equipment, net	182	185	182	183	184	186	187	182
Total Noncurrent Assets	670	774	822	859	947	971	1,008	1,359
Goodwill	84	75	74	67	66	55	55	53
Intangible Assets	225	290	323	359	432	457	495	585
Other Noncurrent Operating Assets	361	409	424	434	448	459	459	690
Total Liabilities & Shareholders' Equity	1,632	1,818	1,832	1,873	2,182	1,960	2,046	2,316
Total Liabilities	1,973	2,164	2,161	2,196	2,468	2,233	2,319	2,361
Total Current Liabilities	1,208	765	761	764	605	592	591	639
Short-Term Debt	627	181	181	181	20	20	-	-
Accounts Payable	61	35	39	24	43	37	56	89
Accrued Expenses	271	288	279	312	311	308	315	341
Current Deferred Revenue	249	261	262	247	231	227	220	209
Total Noncurrent Liabilities	765	1,400	1,399	1,432	1,862	1,640	1,728	1,722
Long-Term Debt	736	1,352	1,356	1,360	1,781	1,559	1,640	1,637
Other Noncurrent Operating Liabilities	29	47	43	72	81	82	88	85
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	199	199	199	199	199	199	199	199
Total Equity & Noncontrolling Interests	-541	-545	-528	-522	-484	-472	-472	-245
Total Preferred & Common Equity	-541	-545	-528	-522	-484	-472	-472	-245
Total Common Equity	-541	-545	-528	-522	-484	-472	-472	-245
Common Stock	1,234	1,211	1,219	1,210	1,171	1,143	1,123	1,023
Retained Earnings	-1,768	-1,750	-1,742	-1,728	-1,652	-1,610	-1,588	-1,250
Accumulated Other Comprehensive Income / (Loss)	-7.56	-6.08	-5.05	-5.11	-3.24	-5.20	-7.02	-18

This table displays calculated financial ratios and metrics derived from RingCentral's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	8.99%	10.77%	24.68%	34.73%	31.10%	34.03%	33.76%	32.38%	28.43%	34.72%
EBITDA Growth	59.19%	150.85%	-997.85%	-132.95%	167.89%	5.98%	96.01%	257.66%	138.82%	49.44%
EBIT Growth	114.70%	86.10%	-181.00%	-843.66%	10.01%	-265.71%	-158.93%	74.76%	52.72%	30.27%
NOPAT Growth	101.34%	69.39%	-115.21%	-166.50%	-147.92%	-177.90%	-207.91%	58.52%	58.40%	31.57%
Net Income Growth	64.73%	81.20%	-133.67%	-353.34%	-54.82%	-104.58%	-523.29%	74.09%	49.45%	33.60%
EPS Growth	63.79%	81.15%	-125.12%	-336.17%	-46.88%	-93.94%	-450.00%	72.73%	52.17%	36.11%
Operating Cash Flow Growth	20.92%	108.91%	25.73%	532.36%	-154.27%	-10.10%	75.22%	38.57%	484.11%	144.50%
Free Cash Flow Firm Growth	217.43%	7.68%	90.01%	-179.31%	49.53%	-594.71%	-24.17%	-3,006.34%	93.50%	-8.69%
Invested Capital Growth	-8.36%	-5.98%	-25.64%	68.57%	31.80%	457.40%	149.89%	408.34%	-81.71%	56.92%
Revenue Q/Q Growth	1.83%	2.16%	3.99%	7.70%	7.41%	7.66%	7.58%	7.69%	6.07%	7.84%
EBITDA Q/Q Growth	12.97%	8,248.30%	-49.45%	-218.52%	79.78%	-16.44%	19.30%	35.69%	149.87%	16.77%
EBIT Q/Q Growth	161.81%	67.59%	-26.04%	-59.90%	51.67%	-113.52%	-9.14%	-249.46%	46.12%	8.81%
NOPAT Q/Q Growth	104.60%	51.44%	-30.65%	-32.79%	-7.99%	-59.09%	-24.05%	-410.96%	49.22%	9.76%
Net Income Q/Q Growth	40.73%	58.90%	-23.23%	-44.87%	22.02%	-57.54%	-26.92%	-304.57%	44.63%	9.01%
EPS Q/Q Growth	40.00%	58.77%	-22.41%	-44.88%	23.58%	-52.38%	-32.00%	-300.00%	46.34%	8.00%
Operating Cash Flow Q/Q Growth	4.10%	22.90%	-4.15%	49.14%	9.46%	-31.04%	21.45%	7.91%	17.36%	340.59%
Free Cash Flow Firm Q/Q Growth	27.02%	35.88%	88.83%	-218.86%	58.50%	-464.97%	23.34%	-2,293.30%	83.32%	7.89%
Invested Capital Q/Q Growth	-4.08%	-5.88%	-13.52%	65.29%	9.65%	289.72%	34.55%	555.07%	-6.73%	10.11%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	70.61%	69.84%	67.73%	71.88%	72.66%	74.41%	76.67%	75.92%	100.00%	70.54%
EBITDA Margin	16.96%	11.61%	-25.30%	-2.87%	11.75%	5.75%	7.27%	4.96%	1.84%	-6.08%
Operating Margin	0.11%	-9.03%	-32.66%	-18.92%	-9.57%	-5.06%	-2.44%	-1.06%	-3.38%	-10.44%
EBIT Margin	0.74%	-5.49%	-43.72%	-19.40%	-2.77%	-4.03%	-1.48%	-0.76%	-4.01%	-10.88%
Profit (Net Income) Margin	-2.43%	-7.50%	-44.22%	-23.59%	-7.01%	-5.94%	-3.89%	-0.83%	-4.26%	-10.84%
Tax Burden Percent	123.43%	105.35%	100.59%	100.68%	101.14%	94.15%	100.54%	106.54%	101.48%	96.21%
Interest Burden Percent	-265.76%	129.79%	100.55%	120.81%	250.33%	156.31%	261.65%	102.57%	104.89%	103.48%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.19%	-13.22%	-35.74%	-18.17%	-10.41%	-8.25%	-13.95%	-23.46%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	-4.42%	-15.16%	-72.82%	-40.56%	-12.02%	6.73%	-6.23%	-23.17%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	17.62%	69.57%	-653.60%	-70.29%	-5.28%	-1.83%	4.35%	21.11%	0.00%	0.00%
Return on Equity (ROE)	17.81%	56.35%	-689.33%	-88.46%	-15.69%	-10.08%	-9.60%	-2.35%	-13.51%	-31.07%
Cash Return on Invested Capital (CROIC)	8.92%	-7.05%	-6.32%	-69.24%	-37.85%	-147.41%	-99.62%	-140.36%	0.00%	0.00%
Operating Return on Assets (OROA)	0.95%	-6.01%	-37.37%	-12.99%	-1.80%	-3.11%	-1.59%	-1.26%	-6.52%	-15.99%
Return on Assets (ROA)	-3.13%	-8.22%	-37.79%	-15.80%	-4.57%	-4.57%	-4.18%	-1.37%	-6.94%	-15.92%
Return on Common Equity (ROCE)	28.66%	94.68%	388.66%	-67.33%	-15.63%	-10.08%	-9.60%	-2.35%	-13.51%	-31.07%
Return on Equity Simple (ROE_SIMPLE)	10.58%	32.88%	182.10%	-111.00%	-26.91%	-7.19%	-8.25%	-1.84%	-12.48%	-29.15%
Net Operating Profit after Tax (NOPAT)	1.87	-139	-455	-211	-79	-32	-12	-3.74	-9.01	-22
NOPAT Margin	0.08%	-6.32%	-22.87%	-13.25%	-6.70%	-3.54%	-1.71%	-0.74%	-2.37%	-7.31%
Net Nonoperating Expense Percent (NNEP)	4.61%	1.94%	37.09%	22.38%	1.61%	-14.99%	-7.72%	-0.29%	-5.47%	-8.91%
Return On Investment Capital (ROIC_SIMPLE)	0.19%	-13.34%	-39.34%	-	-	-	-	-	-	-
Cost of Revenue to Revenue	29.39%	30.16%	32.27%	28.12%	27.34%	25.59%	23.33%	24.08%	0.00%	29.46%
SG&A Expenses to Revenue	11.10%	15.12%	14.73%	17.83%	16.90%	15.73%	15.26%	14.36%	14.58%	15.90%
R&D to Revenue	13.72%	15.25%	18.22%	19.42%	16.01%	15.10%	15.00%	14.92%	17.22%	17.87%
Operating Expenses to Revenue	70.50%	78.87%	100.39%	90.81%	82.23%	79.47%	79.11%	76.98%	103.38%	80.98%
Earnings before Interest and Taxes (EBIT)	18	-121	-869	-309	-33	-36	-9.96	-3.85	-15	-32
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	407	256	-503	-46	139	52	49	25	6.99	-18
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	50.94	110.12	18.98	20.85	16.40	11.66	15.19
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	255.72	25.14	24.81	17.21	12.80	17.16
Price to Revenue (P/Rev)	1.32	1.45	1.71	10.83	28.70	15.68	9.83	7.43	3.98	5.65
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	4.98	4.61	4.57	12.60	39.88	21.42	54.51	75.55	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	1.94	2.14	2.50	11.53	29.17	15.58	9.53	7.07	3.60	5.25
Enterprise Value to EBITDA (EV/EBITDA)	11.42	18.40	0.00	0.00	248.26	270.99	131.12	142.56	196.15	0.00
Enterprise Value to EBIT (EV/EBIT)	261.78	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	2,488.90	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	9.63	11.77	25.94	120.85	0.00	216.94	89.05	86.55	46.13	305.61
Enterprise Value to Free Cash Flow (EV/FCFF)	53.36	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	-4.35	-5.10	-5.78	2.60	4.50	0.52	1.15	0.00	0.12	0.17
Long-Term Debt to Equity	-3.84	-5.03	-5.78	2.60	4.40	0.52	1.15	0.00	0.00	0.14
Financial Leverage	-3.99	-4.59	8.97	1.73	0.44	-0.27	-0.70	-0.91	-1.10	-1.14
Leverage Ratio	-5.69	-6.85	18.24	5.60	3.44	2.21	2.30	1.71	1.95	1.95
Compound Leverage Factor	15.12	-8.89	18.34	6.77	8.60	3.45	6.01	1.75	2.04	2.02
Debt to Total Capital	129.84%	124.40%	120.91%	72.20%	81.83%	34.16%	53.58%	0.00%	10.35%	14.74%
Short-Term Debt to Total Capital	15.39%	1.61%	0.00%	0.00%	1.81%	0.00%	0.00%	0.00%	10.14%	3.11%
Long-Term Debt to Total Capital	114.45%	122.79%	120.91%	72.20%	80.02%	34.16%	53.58%	0.00%	0.22%	11.63%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	16.94%	16.05%	14.72%	10.30%	0.22%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	-46.78%	-40.45%	-35.63%	17.50%	17.95%	65.84%	46.42%	100.00%	89.64%	85.25%
Debt to EBITDA	3.76	6.04	-3.26	-30.52	10.11	7.45	7.48	0.00	2.15	-1.06
Net Debt to EBITDA	3.16	5.17	-2.72	-20.10	3.98	-1.71	-4.08	0.00	-20.80	6.59
Long-Term Debt to EBITDA	3.31	5.96	-3.26	-30.52	9.89	7.45	7.48	0.00	0.04	-0.83
Debt to NOPAT	818.16	-11.11	-3.60	-6.62	-17.74	-12.10	-31.86	0.00	-1.67	-0.88
Net Debt to NOPAT	688.24	-9.51	-3.01	-4.36	-6.98	2.78	17.36	0.00	16.13	5.48
Long-Term Debt to NOPAT	721.18	-10.96	-3.60	-6.62	-17.35	-12.10	-31.86	0.00	-0.03	-0.69
Altman Z-Score	0.97	0.69	-0.51	4.95	11.41	12.52	7.92	18.10	7.83	9.61
Noncontrolling Interest Sharing Ratio	-60.94%	-68.02%	156.38%	23.89%	0.36%	0.00%	0.00%	0.00%	0.01%	0.01%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.16	1.34	1.22	1.24	2.11	1.91	3.55	2.11	1.78	2.12
Quick Ratio	0.84	0.93	0.89	0.95	1.86	1.69	3.31	1.82	1.64	1.95
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	87	-74	-80	-805	-288	-571	-82	-66	-2.13	-33
Operating Cash Flow to CapEx	1,933.57%	1,699.75%	584.80%	525.40%	-80.68%	233.54%	265.94%	211.14%	208.68%	34.76%
Free Cash Flow to Firm to Interest Expense	1.34	-2.06	-16.73	-12.50	-5.85	-27.83	-5.10	-668.52	-2.86	-29.18
Operating Cash Flow to Interest Expense	7.44	11.10	39.80	2.36	-0.71	3.16	4.48	415.81	39.82	4.53
Operating Cash Flow Less CapEx to Interest Expense	7.05	10.45	32.99	1.91	-1.60	1.81	2.80	218.87	20.74	-8.50
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.29	1.10	0.85	0.67	0.65	0.77	1.07	1.64	1.63	1.47
Accounts Receivable Turnover	6.40	6.52	7.31	7.80	7.74	8.05	9.55	13.09	15.40	22.10
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	43.34
Fixed Asset Turnover	13.15	11.91	11.29	10.32	10.23	11.33	11.87	13.38	12.65	11.04
Accounts Payable Turnover	18.77	11.45	9.67	7.23	7.30	10.32	17.99	16.03	0.00	18.61
Days Sales Outstanding (DSO)	57.07	56.00	49.95	46.79	47.18	45.35	38.22	27.88	23.70	16.52
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	8.42
Days Payable Outstanding (DPO)	19.44	31.87	37.75	50.50	50.00	35.35	20.29	22.77	0.00	19.61
Cash Conversion Cycle (CCC)	37.63	24.12	12.20	-3.71	-2.81	10.00	17.93	5.11	23.70	5.33
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	935	1,020	1,085	1,459	866	657	118	47	-15	-8.42
Invested Capital Turnover	2.46	2.09	1.56	1.37	1.55	2.33	8.17	31.61	-32.09	-21.20
Increase / (Decrease) in Invested Capital	-85	-65	-374	594	209	539	71	62	-6.88	11
Enterprise Value (EV)	4,652	4,705	4,962	18,387	34,525	14,068	6,423	3,563	1,371	1,554
Market Capitalization	3,166	3,183	3,394	17,266	33,968	14,157	6,623	3,744	1,516	1,673
Book Value per Share	($6.09)	($5.36)	($5.07)	$3.68	$3.44	$8.88	$3.95	$2.95	$1.77	$1.55
Tangible Book Value per Share	($9.87)	($10.28)	($11.18)	($4.70)	$1.48	$6.71	$3.32	$2.81	$1.61	$1.37
Total Capital	1,178	1,242	1,355	1,937	1,719	1,133	684	228	145	129
Total Debt	1,529	1,545	1,638	1,398	1,406	387	367	0.00	15	19
Total Long-Term Debt	1,348	1,525	1,638	1,398	1,375	387	367	0.00	0.31	15
Net Debt	1,286	1,323	1,368	921	553	-89	-200	-181	-145	-119
Capital Expenditures (CapEx)	25	24	33	29	44	28	27	19	14	15
Debt-free, Cash-free Net Working Capital (DFCFNWC)	61	14	-127	-143	-121	-89	-58	-42	-56	-43
Debt-free Net Working Capital (DFNWC)	304	236	143	124	519	255	508	140	105	94
Net Working Capital (NWC)	122	216	143	124	488	255	508	140	90	90
Net Nonoperating Expense (NNE)	60	26	425	165	3.73	22	15	0.47	7.22	10
Net Nonoperating Obligations (NNO)	1,286	1,323	1,368	921	553	-89	-200	-181	-145	-119
Total Depreciation and Amortization (D&A)	389	377	366	264	172	88	59	29	22	14
Debt-free, Cash-free Net Working Capital to Revenue	2.53%	0.63%	-6.36%	-8.95%	-10.19%	-9.83%	-8.64%	-8.26%	-14.65%	-14.55%
Debt-free Net Working Capital to Revenue	12.65%	10.72%	7.21%	7.81%	43.86%	28.22%	75.44%	27.72%	27.50%	31.90%
Net Working Capital to Revenue	5.10%	9.81%	7.21%	7.81%	41.23%	28.22%	75.44%	27.72%	23.63%	30.54%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.63)	($1.74)	($9.23)	($4.10)	($0.94)	($0.64)	($0.33)	($0.34)	($0.40)	($0.46)
Adjusted Weighted Average Basic Shares Outstanding	92.11M	94.91M	95.24M	91.74M	90.49M	87.10M	81.25M	78.67M	74.53M	72.01M
Adjusted Diluted Earnings per Share	($0.63)	($1.74)	($9.23)	($4.10)	($0.94)	($0.64)	($0.33)	($0.34)	($0.40)	($0.46)
Adjusted Weighted Average Diluted Shares Outstanding	92.11M	94.91M	95.24M	91.74M	90.49M	87.10M	81.25M	78.67M	74.53M	72.01M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	($0.94)	($0.64)	($0.33)	($0.34)	($0.40)	($0.46)
Adjusted Weighted Average Basic & Diluted Shares Outstanding	90.72M	92.32M	95.47M	94.44M	88.68M	83.13M	79.50M	76.28M	72.99M	70.07M
Normalized Net Operating Profit after Tax (NOPAT)	1.87	-139	-256	-211	-79	-32	-12	-3.74	-9.01	-22
Normalized NOPAT Margin	0.08%	-6.32%	-12.88%	-13.25%	-6.70%	-3.54%	-1.71%	-0.74%	-2.37%	-7.31%
Pre Tax Income Margin	-1.97%	-7.12%	-43.96%	-23.43%	-6.93%	-6.31%	-3.87%	-0.78%	-4.20%	-11.26%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.27	-3.36	-180.83	-4.80	-0.67	-1.78	-0.62	-38.86	-20.43	-28.71
NOPAT to Interest Expense	0.03	-3.87	-94.58	-3.28	-1.61	-1.56	-0.71	-37.74	-12.07	-19.28
EBIT Less CapEx to Interest Expense	-0.11	-4.01	-187.63	-5.25	-1.55	-3.13	-2.30	-235.80	-39.52	-41.74
NOPAT Less CapEx to Interest Expense	-0.36	-4.52	-101.38	-3.73	-2.49	-2.91	-2.40	-234.68	-31.16	-32.31
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-553.04%	-188.26%	-11.35%	0.00%	0.00%	0.00%	-57.25%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from RingCentral's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	4.77%	7.57%	9.07%	9.94%	9.47%	8.87%	9.65%	10.76%	14.12%	17.00%	22.77%
EBITDA Growth	24.54%	67.54%	64.03%	23.44%	109.12%	137.73%	132.95%	221.88%	165.70%	-975.52%	-181.08%
EBIT Growth	231.12%	162.64%	112.94%	147.22%	81.76%	89.81%	88.06%	94.02%	66.99%	-177.68%	-117.03%
NOPAT Growth	194.87%	-124.20%	106.07%	88.11%	80.01%	82.38%	70.32%	58.18%	47.33%	-147.54%	-119.59%
Net Income Growth	63.75%	84.79%	81.35%	31.32%	47.62%	83.37%	85.20%	86.53%	63.97%	-140.01%	-93.94%
EPS Growth	64.52%	85.71%	80.00%	30.43%	45.61%	83.50%	84.90%	86.31%	64.38%	-132.03%	-86.25%
Operating Cash Flow Growth	55.75%	16.72%	46.91%	40.13%	-11.46%	189.15%	104.91%	78.96%	83.97%	-17.37%	-1.79%
Free Cash Flow Firm Growth	123.85%	-56.21%	-16.03%	-74.34%	-75.88%	-82.90%	126.59%	146.76%	146.41%	129.33%	-229.71%
Invested Capital Growth	-14.56%	-8.36%	-10.08%	-6.65%	-7.04%	-5.98%	-13.61%	-21.56%	-22.95%	-25.64%	42.11%
Revenue Q/Q Growth	-0.40%	0.94%	2.67%	1.49%	2.27%	2.35%	3.50%	1.05%	1.70%	3.09%	4.55%
EBITDA Q/Q Growth	-6.27%	14.13%	-0.63%	17.16%	26.09%	11.74%	-25.22%	98.47%	122.75%	2.40%	-176.57%
EBIT Q/Q Growth	-34.46%	310.56%	-1.80%	149.63%	68.69%	15.22%	-258.45%	80.83%	82.50%	0.68%	-79.68%
NOPAT Q/Q Growth	110.24%	-3,168.59%	161.41%	50.83%	75.80%	16.86%	-20.22%	17.36%	78.67%	-40.02%	-69.41%
Net Income Q/Q Growth	-43.68%	8.47%	46.77%	48.22%	39.69%	-12.17%	-96.05%	60.51%	80.85%	0.19%	-78.43%
EPS Q/Q Growth	-57.14%	22.22%	43.75%	48.39%	36.73%	-8.89%	-95.65%	59.65%	80.81%	0.34%	-77.38%
Operating Cash Flow Q/Q Growth	12.63%	4.45%	0.11%	32.25%	-15.59%	31.47%	-4.52%	-16.44%	175.66%	-6.83%	-16.61%
Free Cash Flow Firm Q/Q Growth	960.18%	-86.89%	63.69%	-1.61%	107.41%	-74.86%	-49.99%	-7.50%	47.05%	139.09%	12.05%
Invested Capital Q/Q Growth	-7.20%	-4.08%	-3.42%	-0.61%	-0.47%	-5.88%	0.26%	-1.02%	0.66%	-13.52%	-8.97%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	70.52%	71.01%	70.40%	70.20%	70.82%	70.20%	69.73%	69.51%	69.89%	69.40%	67.10%
EBITDA Margin	17.76%	18.88%	16.69%	17.25%	14.94%	12.12%	11.10%	15.36%	7.82%	-34.97%	-36.94%
Operating Margin	1.69%	2.54%	0.54%	-0.90%	-1.87%	-7.88%	-9.71%	-8.36%	-10.22%	-48.71%	-35.86%
EBIT Margin	1.92%	2.92%	0.72%	0.75%	-1.53%	-5.01%	-6.04%	-1.75%	-9.20%	-53.48%	-55.51%
Profit (Net Income) Margin	-1.69%	-1.17%	-1.29%	-2.49%	-4.88%	-8.27%	-7.55%	-3.98%	-10.19%	-54.13%	-55.91%
Tax Burden Percent	236.18%	-452.08%	65.28%	127.43%	113.03%	104.74%	91.76%	147.86%	106.01%	100.79%	100.31%
Interest Burden Percent	-37.24%	8.87%	-275.64%	-260.51%	281.51%	157.71%	136.05%	154.38%	104.50%	100.43%	100.42%
Effective Tax Rate	0.00%	552.08%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	3.05%	-28.25%	0.87%	-1.40%	-2.79%	-11.55%	-12.53%	-10.02%	-11.71%	-53.29%	-44.91%
ROIC Less NNEP Spread (ROIC-NNEP)	1.67%	-23.38%	0.11%	-2.21%	-4.34%	-12.72%	-12.84%	-9.24%	-12.99%	-62.48%	-59.59%
Return on Net Nonoperating Assets (RNNOA)	-6.41%	93.21%	-0.47%	9.91%	19.68%	58.36%	103.72%	214.59%	1,356.06%	-560.73%	767,331.59%
Return on Equity (ROE)	-3.36%	64.97%	0.39%	8.51%	16.89%	46.81%	91.19%	204.57%	1,344.35%	-614.02%	767,286.67%
Cash Return on Invested Capital (CROIC)	17.48%	8.92%	6.67%	-0.86%	-3.01%	-7.05%	-9.90%	-6.45%	-7.57%	-6.32%	-67.35%
Operating Return on Assets (OROA)	2.66%	3.76%	0.84%	0.91%	-1.76%	-5.49%	-5.79%	-1.64%	-8.19%	-45.71%	-49.58%
Return on Assets (ROA)	-2.34%	-1.51%	-1.52%	-3.03%	-5.61%	-9.06%	-7.23%	-3.75%	-9.08%	-46.27%	-49.94%
Return on Common Equity (ROCE)	-5.37%	104.55%	0.64%	14.16%	28.21%	78.66%	201.28%	942.19%	23,436.28%	346.20%	922,662,223.48%
Return on Equity Simple (ROE_SIMPLE)	7.41%	0.00%	18.03%	25.10%	26.67%	0.00%	82.99%	136.61%	165.82%	0.00%	291.36%
Net Operating Profit after Tax (NOPAT)	7.24	-71	2.30	-3.75	-7.63	-32	-38	-32	-38	-179	-128
NOPAT Margin	1.18%	-11.50%	0.38%	-0.63%	-1.31%	-5.52%	-6.79%	-5.85%	-7.15%	-34.10%	-25.10%
Net Nonoperating Expense Percent (NNEP)	1.38%	-4.87%	0.76%	0.82%	1.54%	1.17%	0.31%	-0.78%	1.28%	9.19%	14.67%
Return On Investment Capital (ROIC_SIMPLE)	0.88%	-7.23%	-	-	-	-3.02%	-	-	-	-15.48%	-
Cost of Revenue to Revenue	29.48%	28.99%	29.60%	29.80%	29.18%	29.80%	30.27%	30.49%	30.11%	30.60%	32.90%
SG&A Expenses to Revenue	10.52%	9.53%	10.54%	12.20%	12.22%	15.51%	15.61%	13.95%	15.38%	14.31%	14.20%
R&D to Revenue	13.39%	13.82%	13.82%	13.45%	13.78%	14.86%	15.31%	14.89%	15.97%	16.92%	17.03%
Operating Expenses to Revenue	68.83%	68.46%	69.86%	71.11%	72.68%	78.09%	79.43%	77.87%	80.11%	118.11%	102.96%
Earnings before Interest and Taxes (EBIT)	12	18	4.36	4.44	-8.96	-29	-34	-9.41	-49	-281	-283
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	109	116	102	102	87	69	62	83	42	-183	-188
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.93	1.32	1.23	1.13	1.45	1.45	1.30	1.49	1.43	1.71	1.99
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	4.21	4.98	4.54	4.10	4.72	4.61	4.04	4.33	4.11	4.57	4.23
Enterprise Value to Revenue (EV/Rev)	1.51	1.94	1.88	1.79	2.13	2.14	2.03	2.22	2.19	2.50	2.78
Enterprise Value to EBITDA (EV/EBITDA)	8.53	11.42	12.27	12.90	15.91	18.40	1,427.50	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	95.02	261.78	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	218.39	2,488.90	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	6.81	9.63	9.53	9.77	12.38	11.77	13.45	16.67	18.65	25.94	26.60
Enterprise Value to Free Cash Flow (EV/FCFF)	22.21	53.36	64.46	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	-3.99	-4.35	-4.43	-4.68	-4.77	-5.10	-6.32	-5.80	-6.02	-5.78	-36.04
Long-Term Debt to Equity	-2.15	-3.84	-3.91	-4.12	-4.21	-5.03	-6.25	-5.72	-6.02	-5.78	-36.04
Financial Leverage	-3.83	-3.99	-4.26	-4.48	-4.54	-4.59	-8.08	-23.23	-104.39	8.97	-12,877.62
Leverage Ratio	-5.27	-5.69	-6.34	-6.31	-6.58	-6.85	-13.61	-40.49	-190.09	18.24	-25,790.48
Compound Leverage Factor	1.96	-0.51	17.48	16.43	-18.53	-10.81	-18.52	-62.51	-198.65	18.32	-25,898.00
Debt to Total Capital	133.44%	129.84%	129.13%	127.21%	126.50%	124.40%	118.80%	120.85%	119.93%	120.91%	102.85%
Short-Term Debt to Total Capital	61.40%	15.39%	15.26%	14.98%	14.85%	1.61%	1.32%	1.53%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	72.04%	114.45%	113.88%	112.23%	111.65%	122.79%	117.48%	119.32%	119.93%	120.91%	102.85%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	19.52%	16.94%	16.80%	16.50%	16.37%	16.05%	13.15%	15.27%	14.59%	14.72%	12.53%
Common Equity to Total Capital	-52.96%	-46.78%	-45.93%	-43.71%	-42.87%	-40.45%	-31.95%	-36.12%	-34.52%	-35.63%	-15.38%
Debt to EBITDA	3.18	3.76	4.25	4.79	5.12	6.04	587.88	-6.39	-4.12	-3.26	-4.86
Net Debt to EBITDA	2.82	3.16	3.66	4.17	4.44	5.17	446.77	-5.48	-3.43	-2.72	-3.86
Long-Term Debt to EBITDA	1.72	3.31	3.75	4.23	4.51	5.96	581.35	-6.31	-4.12	-3.26	-4.86
Debt to NOPAT	81.48	818.16	-37.76	-19.02	-14.19	-11.11	-6.29	-4.19	-3.90	-3.60	-4.71
Net Debt to NOPAT	72.25	688.24	-32.52	-16.55	-12.32	-9.51	-4.78	-3.60	-3.25	-3.01	-3.74
Long-Term Debt to NOPAT	43.99	721.18	-33.30	-16.78	-12.52	-10.96	-6.22	-4.14	-3.90	-3.60	-4.71
Altman Z-Score	0.36	0.97	0.82	0.70	0.83	0.84	0.81	0.88	0.75	0.42	0.71
Noncontrolling Interest Sharing Ratio	-60.01%	-60.94%	-63.23%	-66.35%	-66.99%	-68.02%	-120.72%	-360.56%	-1,643.31%	156.38%	-120,150.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.65	1.16	1.12	1.09	1.09	1.34	1.74	1.36	1.44	1.22	1.21
Quick Ratio	0.44	0.84	0.80	0.75	0.75	0.93	1.29	0.92	1.00	0.89	0.89
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	155	15	112	68	69	33	133	266	287	195	-500
Operating Cash Flow to CapEx	2,678.75%	2,083.77%	1,712.00%	2,514.96%	1,566.84%	1,898.03%	1,988.38%	2,043.97%	1,244.22%	443.13%	506.78%
Free Cash Flow to Firm to Interest Expense	9.62	0.90	6.80	4.25	4.26	2.02	10.92	51.90	129.82	163.55	-424.10
Operating Cash Flow to Interest Expense	9.29	8.14	7.76	7.93	5.91	6.90	7.12	17.72	49.07	32.97	35.87
Operating Cash Flow Less CapEx to Interest Expense	8.94	7.75	7.31	7.62	5.53	6.53	6.76	16.85	45.12	25.53	28.80
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.39	1.29	1.18	1.22	1.15	1.10	0.96	0.94	0.89	0.85	0.89
Accounts Receivable Turnover	6.45	6.40	6.34	6.66	6.56	6.52	7.02	7.32	7.17	7.31	7.93
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	13.32	13.15	12.78	12.53	12.18	11.91	11.79	11.57	11.39	11.29	11.22
Accounts Payable Turnover	16.78	18.77	17.86	18.14	16.77	11.45	9.93	9.79	9.70	9.67	9.12
Days Sales Outstanding (DSO)	56.55	57.07	57.58	54.77	55.63	56.00	51.97	49.88	50.87	49.95	46.02
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	21.76	19.44	20.43	20.12	21.76	31.87	36.75	37.27	37.62	37.75	40.03
Cash Conversion Cycle (CCC)	34.80	37.63	37.15	34.64	33.86	24.12	15.22	12.61	13.25	12.20	5.99
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	868	935	975	1,009	1,015	1,020	1,084	1,081	1,092	1,085	1,255
Invested Capital Turnover	2.58	2.46	2.29	2.21	2.14	2.09	1.84	1.71	1.64	1.56	1.79
Increase / (Decrease) in Invested Capital	-148	-85	-109	-72	-77	-65	-171	-297	-325	-374	372
Enterprise Value (EV)	3,655	4,652	4,424	4,137	4,794	4,705	4,374	4,682	4,492	4,962	5,308
Market Capitalization	2,246	3,166	2,904	2,599	3,257	3,183	2,806	3,129	2,928	3,394	3,809
Book Value per Share	($5.97)	($6.09)	($5.94)	($5.73)	($5.61)	($5.36)	($5.12)	($4.94)	($4.94)	($5.07)	($2.57)
Tangible Book Value per Share	($9.37)	($9.87)	($9.92)	($10.04)	($10.18)	($10.28)	($10.38)	($10.29)	($10.70)	($11.18)	($9.26)
Total Capital	1,022	1,178	1,187	1,208	1,218	1,242	1,516	1,306	1,367	1,355	1,592
Total Debt	1,364	1,529	1,533	1,537	1,541	1,545	1,801	1,579	1,640	1,638	1,637
Total Long-Term Debt	736	1,348	1,352	1,356	1,360	1,525	1,781	1,559	1,640	1,638	1,637
Net Debt	1,209	1,286	1,321	1,338	1,338	1,323	1,369	1,353	1,365	1,368	1,300
Capital Expenditures (CapEx)	5.59	6.38	7.43	5.05	6.13	6.00	4.36	4.44	8.72	8.89	8.34
Debt-free, Cash-free Net Working Capital (DFCFNWC)	45	61	63	48	45	14	35	5.84	-15	-127	-170
Debt-free Net Working Capital (DFNWC)	199	304	275	248	248	236	467	231	260	143	135
Net Working Capital (NWC)	-428	122	94	66	67	216	447	211	260	143	135
Net Nonoperating Expense (NNE)	18	-64	10	11	21	16	4.19	-10	16	105	157
Net Nonoperating Obligations (NNO)	1,209	1,286	1,321	1,338	1,338	1,323	1,369	1,353	1,365	1,368	1,300
Total Depreciation and Amortization (D&A)	97	98	97	98	96	98	96	92	91	97	95
Debt-free, Cash-free Net Working Capital to Revenue	1.85%	2.53%	2.66%	2.09%	1.99%	0.63%	1.61%	0.28%	-0.73%	-6.36%	-8.89%
Debt-free Net Working Capital to Revenue	8.21%	12.65%	11.68%	10.73%	11.00%	10.72%	21.66%	10.97%	12.65%	7.21%	7.08%
Net Working Capital to Revenue	-17.63%	5.10%	4.00%	2.88%	2.97%	9.81%	20.73%	10.02%	12.65%	7.21%	7.08%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.11)	($0.07)	($0.09)	($0.16)	($0.31)	($0.49)	($0.45)	($0.23)	($0.57)	($2.97)	($2.98)
Adjusted Weighted Average Basic Shares Outstanding	91.02M	92.11M	91.89M	92.75M	93.14M	94.91M	94.59M	95.34M	95.72M	95.24M	95.58M
Adjusted Diluted Earnings per Share	($0.11)	($0.07)	($0.09)	($0.16)	($0.31)	($0.49)	($0.45)	($0.23)	($0.57)	($2.97)	($2.98)
Adjusted Weighted Average Diluted Shares Outstanding	91.02M	92.11M	91.89M	92.75M	93.14M	94.91M	94.59M	95.34M	95.72M	95.24M	95.58M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	89.94M	90.72M	90.43M	91.82M	92.17M	92.32M	93.75M	94.68M	95.60M	95.47M	95.87M
Normalized Net Operating Profit after Tax (NOPAT)	7.24	11	2.30	-3.75	-7.63	-32	-38	-32	-38	-179	-56
Normalized NOPAT Margin	1.18%	1.78%	0.38%	-0.63%	-1.31%	-5.52%	-6.79%	-5.85%	-7.15%	-34.10%	-10.91%
Pre Tax Income Margin	-0.71%	0.26%	-1.98%	-1.95%	-4.32%	-7.90%	-8.22%	-2.69%	-9.62%	-53.71%	-55.74%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.73	1.10	0.27	0.28	-0.55	-1.73	-2.77	-1.84	-22.20	-235.06	-239.87
NOPAT to Interest Expense	0.45	-4.33	0.14	-0.23	-0.47	-1.91	-3.12	-6.16	-17.26	-149.86	-108.48
EBIT Less CapEx to Interest Expense	0.38	0.71	-0.19	-0.04	-0.93	-2.10	-3.13	-2.71	-26.14	-242.50	-246.95
NOPAT Less CapEx to Interest Expense	0.10	-4.72	-0.31	-0.55	-0.85	-2.27	-3.48	-7.03	-21.20	-157.30	-115.56
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-727.50%	-553.04%	-311.68%	-225.12%	-227.55%	-188.26%	-75.70%	-38.69%	-22.27%	-11.35%	-6.31%

Frequently Asked Questions About RingCentral's Financials

When does RingCentral's fiscal year end?

According to the most recent income statement we have on file, RingCentral's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has RingCentral's net income changed over the last 9 years?

RingCentral's net income appears to be on an upward trend, with a most recent value of -$58.29 million in 2024, rising from -$32.10 million in 2015. The previous period was -$165.24 million in 2023. Check out RingCentral's forecast to explore projected trends and price targets.

What is RingCentral's operating income?

RingCentral's total operating income in 2024 was $2.67 million, based on the following breakdown:

Total Gross Profit: $1.69 billion
Total Operating Expenses: $1.69 billion

How has RingCentral revenue changed over the last 9 years?

Over the last 9 years, RingCentral's total revenue changed from $296.23 million in 2015 to $2.40 billion in 2024, a change of 710.3%.

How much debt does RingCentral have?

RingCentral's total liabilities were at $2.13 billion at the end of 2024, a 5.2% decrease from 2023, and a 1,936.0% increase since 2015.

How much cash does RingCentral have?

In the past 9 years, RingCentral's cash and equivalents has ranged from $137.59 million in 2015 to $639.85 million in 2020, and is currently $242.81 million as of their latest financial filing in 2024.

How has RingCentral's book value per share changed over the last 9 years?

Over the last 9 years, RingCentral's book value per share changed from 1.55 in 2015 to -6.09 in 2024, a change of -492.5%.

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This page (NYSE:RNG) was last updated on 5/24/2025 by MarketBeat.com Staff

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RingCentral (RNG) Financials

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RingCentral (RNG) Financials

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