RingCentral
RNG
#3718
Rank
ยฃ2.12 B
Marketcap
ยฃ23.10
Share price
-0.13%
Change (1 day)
-1.82%
Change (1 year)
RingCentral, Inc. is an American company that provides cloud-based communications and collaboration solutions for businesses.

Operating Margin for RingCentral (RNG)

Operating Margin as of September 2024 (TTM): -5.54%

According to RingCentral 's latest financial reports and stock price the company's current Operating Margin is -5.54%. At the end of 2023 the company had an Operating Margin of -5.49%.

Operating Margin history for RingCentral from 2013 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-5.49%-87.45%
2022-43.72%125.38%
2021-19.40%600.4%
2020-2.77%-31.36%
2019-4.03%172.85%
2018-1.48%93.58%
2017-0.76%-80.94%
2016-4.01%-63.18%
2015-10.88%-48.24%
2014-21.03%-17.2%
2013-25.39%-13.94%
2012-29.51%69.52%
2011-17.41%22.75%
2010-14.18%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
19.73%-456.10%๐Ÿ‡บ๐Ÿ‡ธ USA
-9.45% 70.58%๐Ÿ‡บ๐Ÿ‡ธ USA
6.53%-217.87%๐Ÿ‡บ๐Ÿ‡ธ USA
17.11%-408.84%๐Ÿ‡บ๐Ÿ‡ธ USA
14.62%-363.90%๐Ÿ‡บ๐Ÿ‡ธ USA
43.97%-893.68%๐Ÿ‡บ๐Ÿ‡ธ USA
26.87%-585.02%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.