RNG · NYSE
RingCentral, Inc.
Software - Application · United States
- Market cap (USD)
- US$6.00B
- Trailing P/E
- 57.49x
- Forward P/E
- 12.88x
- Quarterly revenue growth
- 5.9%
- Trailing net margin
- 4.3%
- Indicated dividend yield
- 0.4%
Snapshot 2026-09-20 · Latest financial period 2026-06-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.
Next earnings: 2026-11-05 (provider estimate, not issuer-confirmed).
Company background
RingCentral, Inc., an agentic voice AIpowered cloud business communication services provider, delivering an integrated platform for business phone, SMS, contact center, workforce engagement management, video collaboration, and messaging. The company's products include RingEX, a AI-powered unified communications as a service platform for collaboration across voice, messaging, and video; RingCentral Contact Center, a contact center solution that delivers AI-powered omni-channel and workforce engagement solutions; RingCentral Customer Engagement Bundle, a comprehensive solution that includes phone, messaging, and SMS for businesses; and RingCX, a contact center as a service solution for AI-powered customer engagement with CRM integrations. It also offers artificial intelligence (AI) solutions, such as AI Receptionist, a voice AI agent that automates and handles inbound communication; AI Virtual Assistant, which provides real time call and meeting summaries, capturing key points, open questions and action items; AI-based Quality Management, an automated conversation evaluation platform to identify compliance risks, coaching opportunities, and performance insights; AI Agent Assist, a real-time AI guidance for agents; AI Supervisor Assist, a real-time AI insights and recommendations for supervisors; and RingCentral Events, a virtual and hybrid events platform for multi-session conferences, branded experiences, registration, and attendee networking with AI-powered engagement tools. It serves a range of industries, including healthcare, financial and professional services, retail, state and local government, education, legal services, real estate, technology, insurance, construction and hospitality, and others. The company sells its products to enterprise customers, and small and medium-sized businesses through resellers and distributors, partners, and global service providers. RingCentral, Inc. was incorporated in 1999 and is headquartered in Belmont, California.
Company websiteQ2 2026
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Comparable businesses
RNG peer comparison
Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.
No suitable peers with fresh, comparable size data are available. We have not substituted unrelated companies.
| Metric | RNGRingCentral, Inc.Snapshot 2026-09-20Financial period: 2026-06-30 |
|---|---|
| Market capMarket value, converted to USD | US$6.00B |
| Forward P/EProvider forward earnings estimate | 12.88x |
| EV / EBITDAEnterprise value / trailing EBITDA | 17.50x |
| Revenue growthLatest quarter vs prior-year quarter | 5.9% |
| Operating marginLatest reported quarter | 8.8% |
| Free cash flow yieldTrailing cash flow / market cap | 10.7% |
| Net debt / EBITDANet debt / trailing EBITDA | 2.54x |
| Debt / equityTotal debt / positive book equity | — |
| Trailing P/ETrailing twelve-month earnings | 57.49x |
| Price / bookPrice / positive book equity per share | — |
| EV / salesEnterprise value / trailing revenue | 2.81x |
| Earnings growthLatest quarter vs prior-year quarter | 221.4% |
| Gross marginTrailing twelve months | 71.9% |
| Net marginTrailing twelve months | 4.3% |
| Return on equityProvider trailing return; positive equity only | — |
| Free cash flow marginTrailing free cash flow / revenue | 24.7% |
| Dividend yieldIndicated annual dividend / price | 0.4% |
| Earnings payoutProvider trailing dividend payout | 12.0% |
| Current ratioCurrent assets / current liabilities | 1.11x |
| BetaProvider historical market sensitivity | 1.15 |
Comparison methodology & limitations
Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.
Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.
Reported performance
Financial trends
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Source: . Window ends at the latest available reporting period.
Revenue
Reported figures
Financial data & calculation notes
Standalone charts use the stated reporting currency. When a chart comparison spans currencies, money and EPS can be normalized to USD using a recent captured FX snapshot; this is for comparison only, not a historical FX restatement. Stock-based compensation is noncash. Free cash flow is operating cash flow less capital spending, which may include capitalized software. Missing metrics are not estimated or assumed to be zero. Banking and insurance ratios require industry-specific interpretation. Latest restatements may differ from figures in older episodes.
Market context
Valuation & price history
Adjusted closing price
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Price figures
Earnings-multiple scenario
Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.
Starting assumptions, when available, use provider forward estimates as of 2026-09-20. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.
THE RESEARCH RECORD
Research history for RNG
Q2 20262026-07-25
RingCentral Stock: It Beat, RAISED, and Popped 25% — Here’s Why We Still Say BUY
Presentation · 2026-07-25 · YouTube