RNG - RingCentral, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$42.13
DETAILS
HIGH:
$55.00
LOW:
$32.00
MEDIAN:
$40.00
CONSENSUS:
$42.13
DOWNSIDE:
3.24%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||
| Revenue | 2,515.1 | 2,400.4 | 2,202.4 | 1,988.3 | 1,594.8 | 1,183.7 | 902.9 | 673.6 | 501.5 | 379.7 | 296.2 | 219.9 | 160.5 | 114.5 | 78.9 | 50.2 |
| Cost of Revenue | 724.0 | 705.5 | 664.3 | 641.7 | 448.4 | 323.6 | 231.0 | 157.1 | 121.3 | 92.2 | 87.3 | 76.8 | 61.5 | 44.9 | 33.0 | 22.5 |
| Gross Profit | 1,791.1 | 1,694.9 | 1,538.1 | 1,346.6 | 1,146.4 | 860.0 | 671.8 | 516.5 | 380.3 | 287.5 | 209.0 | 143.1 | 99.0 | 69.6 | 45.9 | 27.8 |
| Operating Expenses | ||||||||||||||||
| R&D Expenses | 317.0 | 329.3 | 335.9 | 362.3 | 309.7 | 189.5 | 136.4 | 101.0 | 75.1 | 65.5 | 52.9 | 44.6 | 33.4 | 24.4 | 12.2 | 7.2 |
| SG&A Expenses | 1,348.2 | 1,362.9 | 1,401.1 | 1,350.1 | 1,138.4 | 783.8 | 581.1 | 431.9 | 332.4 | 248.0 | 187.0 | 143.7 | 106.6 | 79 | 47.5 | 27.9 |
| Other Expenses | 0 | 0 | 0 | 283.7 | 0 | 0 | 0 | 0 | 1.5 | (2.4) | (1.3) | (1.0) | 0.3 | 0.0 | 0.1 | 0.2 |
| Operating Expenses | 1,664.9 | 1,692.2 | 1,736.9 | 1,996.1 | 1,448.2 | 973.3 | 717.5 | 532.9 | 407.5 | 313.5 | 239.9 | 188.3 | 140.0 | 103.5 | 59.7 | 35.1 |
| Operating Income | ||||||||||||||||
| Operating Income | 126.2 | 2.7 | (198.8) | (649.5) | (301.8) | (113.2) | (45.7) | (16.4) | (27.3) | (26.0) | (30.9) | (45.2) | (41.0) | (33.8) | (13.8) | (7.3) |
| Interest Expense | 60.3 | 65.0 | 36.0 | 4.8 | 64.4 | 49.3 | 20.5 | 16.1 | 0.1 | 0.7 | 1.1 | 2.0 | 5.4 | 1.5 | 0.2 | 0.2 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||||||||
| EBITDA | 381.4 | 236.6 | 113.1 | (622.7) | (184.0) | 42.8 | 1.4 | 13.3 | 12.4 | 1.8 | (18.8) | (35.9) | (31.8) | (27.6) | (10.2) | (5.9) |
| EBIT | 116.5 | 14.0 | (120.8) | (869.2) | (309.3) | (32.8) | (36.4) | (10.0) | (3.8) | (28.3) | (32.2) | (46.2) | (40.8) | (33.8) | (13.7) | (7.1) |
| Income Before Tax | 56.2 | (47.2) | (156.8) | (874.1) | (373.7) | (82.1) | (56.9) | (26.1) | (25.9) | (29.1) | (33.4) | (48.2) | (46.1) | (35.3) | (13.9) | (7.3) |
| Income Tax Expense | 12.8 | 11.1 | 8.4 | 5.1 | 2.5 | 0.9 | (3.3) | 0.1 | 0.3 | 0.2 | (1.3) | 0.1 | (0.0) | 0.1 | 0.0 | 0.0 |
| Net Income | 43.4 | (58.3) | (165.2) | (879.2) | (376.2) | (83.0) | (53.6) | (26.2) | (26.1) | (29.3) | (32.1) | (48.3) | (46.1) | (35.4) | (13.9) | (7.3) |
| Per Share Data | ||||||||||||||||
| EPS (Basic) | 0.50 | -0.63 | -1.74 | -9.23 | -4.10 | -0.94 | -0.64 | -0.33 | -0.34 | -0.40 | -0.46 | -0.72 | -0.75 | -0.67 | -0.26 | -0.14 |
| EPS (Diluted) | 0.48 | -0.63 | -1.74 | -9.23 | -4.10 | -0.94 | -0.64 | -0.33 | -0.34 | -0.40 | -0.46 | -0.72 | -0.75 | -0.67 | -0.26 | -0.14 |
| Shares Outstanding | 86.1 | 92.1 | 94.9 | 95.2 | 91.7 | 88.7 | 83.1 | 79.5 | 76.3 | 73.0 | 70.1 | 66.8 | 61.4 | 52.7 | 53.1 | 53.1 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 132.6 | 242.8 | 222.2 | 270.0 | 267.2 | 639.9 | 343.6 | 566.3 | 181.2 | 160.4 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 384.1 | 386.3 | 364.4 | 311.3 | 232.8 | 176.0 | 130.0 | 94.4 | 46.7 | 30.2 |
| Inventory | 0 | 1.2 | 1.5 | 1.2 | 5.7 | 0.6 | 0.4 | 0.2 | 0.2 | 0.1 |
| Other Current Assets | 81.2 | 201.0 | 228.1 | 190.2 | 118.8 | 91.2 | 45.3 | 31.8 | 23.0 | 15.2 |
| Total Current Assets | 597.9 | 871.1 | 848.6 | 796.0 | 650.7 | 926.1 | 535.5 | 707.5 | 248.0 | 205.9 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 217.4 | 227.1 | 227.4 | 220.8 | 214.2 | 193.3 | 128.5 | 70.2 | 43.3 | 32.0 |
| Goodwill | 97.8 | 83.0 | 67.4 | 54.3 | 55.5 | 57.3 | 55.3 | 31.2 | 9.4 | 9.4 |
| Intangible Assets | 135.4 | 258.5 | 393.8 | 528.1 | 716.6 | 118.3 | 127.3 | 19.5 | 1.5 | 2.2 |
| Long-Term Investments | 0 | 0 | 0 | 4.6 | 210.4 | 213.2 | 132.2 | 0 | 0 | 0.5 |
| Other Non-Current Assets | 433.0 | 340.1 | 407.7 | 469.9 | 731.6 | 676.3 | 471.9 | 65.9 | 3.0 | 3.1 |
| Total Non-Current Assets | 883.6 | 908.8 | 1,096.3 | 1,277.6 | 1,928.3 | 1,258.5 | 915.2 | 186.8 | 57.1 | 46.7 |
| Total Assets | 1,481.5 | 1,779.9 | 1,944.9 | 2,073.7 | 2,579.0 | 2,184.6 | 1,450.7 | 894.3 | 305.2 | 252.6 |
| Current Liabilities | ||||||||||
| Account Payables | 27.7 | 21.9 | 53.3 | 62.7 | 70.0 | 54.0 | 34.6 | 10.1 | 7.3 | 7.8 |
| Short-Term Debt | 624.2 | 181.3 | 20 | 0 | 0 | 31.1 | 0 | 0 | 0 | 14.7 |
| Deferred Revenue | 269.1 | 261.9 | 233.6 | 209.7 | 176.4 | 142.2 | 107.4 | 88.5 | 64.4 | 45.2 |
| Other Current Liabilities | 297.6 | 47.4 | 63.0 | 53.4 | 48.9 | 43.2 | 30.5 | 65.4 | 62.9 | 34.1 |
| Total Current Liabilities | 1,218.6 | 748.8 | 632.5 | 652.6 | 526.3 | 438.1 | 280.7 | 199.4 | 126.7 | 116 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 843.4 | 1,347.9 | 1,525.5 | 1,638.4 | 1,398.5 | 1,375.3 | 386.9 | 366.6 | 0 | 0.3 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | (6.8) | 204.4 | 261.3 | 245.3 | 283.5 | 20.2 | 8.9 | 10.8 | 6.3 | 6.3 |
| Total Non-Current Liabilities | 850.9 | 1,582.0 | 1,814.9 | 1,903.9 | 1,713.8 | 1,434.3 | 424.3 | 377.4 | 6.3 | 6.6 |
| Total Liabilities | 2,069.6 | 2,330.8 | 2,447.5 | 2,556.4 | 2,240.1 | 1,872.4 | 705.0 | 576.7 | 133.0 | 122.6 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (1,714.0) | (1,757.4) | (1,699.1) | (1,533.9) | (748.6) | (372.3) | (289.3) | (235.7) | (265.6) | (239.5) |
| Accumulated Other Comprehensive Income | 2.5 | (8.9) | (8.2) | (8.8) | 0.6 | 6.8 | 1.9 | 2.2 | 3.0 | 2.7 |
| Total Stockholders' Equity | (588.1) | (550.9) | (502.6) | (482.8) | 339.0 | 312.2 | 745.7 | 317.6 | 172.2 | 130.0 |
| Total Liabilities & Equity | 1,481.5 | 1,779.9 | 1,944.9 | 2,073.7 | 2,579.0 | 2,184.6 | 1,450.7 | 894.3 | 305.2 | 252.6 |
| Debt Metrics | ||||||||||
| Total Debt | 1,482.0 | 1,579.3 | 1,590.4 | 1,676.1 | 1,449.0 | 1,461.5 | 429.7 | 366.6 | 0 | 15.0 |
| Net Debt | 1,349.4 | 1,336.5 | 1,368.2 | 1,406.1 | 1,181.8 | 821.6 | 86.0 | (199.8) | (181.2) | (145.3) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 43.4 | (58.3) | (165.2) | (879.2) | (376.2) | (83.0) | (53.6) | (26.2) | (26.1) | (29.3) |
| Depreciation & Amortization | 222.6 | 222.6 | 233.9 | 246.6 | 125.3 | 75.6 | 37.9 | 23.3 | 16.2 | 14.7 |
| Stock-Based Compensation | 269.7 | 339.1 | 426.7 | 386.0 | 358.0 | 189.6 | 101.4 | 68.1 | 42.1 | 30.8 |
| Change in Working Capital | (146.8) | (207.9) | (215.3) | (224.2) | (126.3) | (229.6) | (73.2) | (33.1) | 7.9 | 9.7 |
| Other Non-Cash Items | 228.6 | 187.8 | 119.6 | 662.1 | 171.4 | 12.7 | 56.4 | 40.3 | 1.2 | 3.8 |
| Operating Cash Flow | 617.4 | 483.3 | 399.7 | 191.3 | 152.2 | (35.2) | 64.8 | 72.1 | 41.2 | 29.7 |
| Investing Activities | ||||||||||
| Capital Expenditure | (30.1) | (83.1) | (75.7) | (90.4) | (396.8) | (107.7) | (133.4) | (57.0) | (26.9) | (16.4) |
| Acquisitions | (20.8) | (26.3) | (14.7) | 0 | 0 | 0 | (27.9) | (26.4) | 0 | 0 |
| Purchases of Investments | 0 | (2.5) | 0 | 0 | (11.9) | 0 | (135.6) | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 3.2 | 0 | 0 | 105.6 | 0 | 0.5 | 0 |
| Other Investing Activities | (57.1) | (55.5) | (52.2) | (57.7) | (356.0) | (64.1) | (105.6) | (29.9) | (6.9) | (2.2) |
| Investing Cash Flow | (108.0) | (109.4) | (90.4) | (87.2) | (396.8) | (107.7) | (296.8) | (83.4) | (26.4) | (16.4) |
| Financing Activities | ||||||||||
| Net Debt Issuance | (291.1) | (20) | (45.2) | 0 | (333.6) | 539.4 | (0.9) | 448.7 | (15.0) | (4.0) |
| Stock Repurchased | (334.4) | (322.4) | (311.1) | (99.8) | 0 | 0 | (14.7) | (15) | (3.7) | (0.3) |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (12.6) | (8.7) | (1.7) | 1.6 | 7.1 | (101.8) | 10.0 | (29.3) | 21.8 | 13.3 |
| Financing Cash Flow | (623.4) | (351.1) | (358.0) | (98.2) | (127.1) | 437.6 | 9.0 | 397.3 | 6.8 | 9.3 |
| Cash Position | ||||||||||
| Net Change in Cash | (110.2) | 20.6 | (47.8) | 2.8 | (372.7) | 296.2 | (222.7) | 385.1 | 20.8 | 22.8 |
| Cash at Beginning | 242.8 | 222.2 | 270.0 | 267.2 | 639.9 | 343.6 | 566.3 | 181.2 | 160.4 | 137.6 |
| Cash at End | 132.6 | 242.8 | 222.2 | 270.0 | 267.2 | 639.9 | 343.6 | 566.3 | 181.2 | 160.4 |
| Free Cash Flow | 587.3 | 400.2 | 323.9 | 100.9 | (244.7) | (142.9) | (68.5) | 15.1 | 14.2 | 13.3 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||
| Revenue | 2,515.1 | 2,400.4 | 2,202.4 | 1,988.3 | 1,594.8 | 1,183.7 | 902.9 | 673.6 | 501.5 | 379.7 | 296.2 | 219.9 | 160.5 | 114.5 | 78.9 | 50.2 |
| Gross Profit | 1,791.1 | 1,694.9 | 1,538.1 | 1,346.6 | 1,146.4 | 860.0 | 671.8 | 516.5 | 380.3 | 287.5 | 209.0 | 143.1 | 99.0 | 69.6 | 45.9 | 27.8 |
| Operating Income | 126.2 | 2.7 | (198.8) | (649.5) | (301.8) | (113.2) | (45.7) | (16.4) | (27.3) | (26.0) | (30.9) | (45.2) | (41.0) | (33.8) | (13.8) | (7.3) |
| Net Income | 43.4 | (58.3) | (165.2) | (879.2) | (376.2) | (83.0) | (53.6) | (26.2) | (26.1) | (29.3) | (32.1) | (48.3) | (46.1) | (35.4) | (13.9) | (7.3) |
| EPS (Diluted) | 0.48 | -0.63 | -1.74 | -9.23 | -4.10 | -0.94 | -0.64 | -0.33 | -0.34 | -0.40 | -0.46 | -0.72 | -0.75 | -0.67 | -0.26 | -0.14 |
| Balance Sheet | ||||||||||||||||
| Cash & Equivalents | 132.6 | 242.8 | 222.2 | 270.0 | 267.2 | 639.9 | 343.6 | 566.3 | 181.2 | 160.4 | ||||||
| Total Assets | 1,481.5 | 1,779.9 | 1,944.9 | 2,073.7 | 2,579.0 | 2,184.6 | 1,450.7 | 894.3 | 305.2 | 252.6 | ||||||
| Total Debt | 1,482.0 | 1,579.3 | 1,590.4 | 1,676.1 | 1,449.0 | 1,461.5 | 429.7 | 366.6 | 0 | 15.0 | ||||||
| Stockholders' Equity | (588.1) | (550.9) | (502.6) | (482.8) | 339.0 | 312.2 | 745.7 | 317.6 | 172.2 | 130.0 | ||||||
| Cash Flow | ||||||||||||||||
| Operating Cash Flow | 617.4 | 483.3 | 399.7 | 191.3 | 152.2 | (35.2) | 64.8 | 72.1 | 41.2 | 29.7 | ||||||
| Capital Expenditure | (30.1) | (83.1) | (75.7) | (90.4) | (396.8) | (107.7) | (133.4) | (57.0) | (26.9) | (16.4) | ||||||
| Free Cash Flow | 587.3 | 400.2 | 323.9 | 100.9 | (244.7) | (142.9) | (68.5) | 15.1 | 14.2 | 13.3 | ||||||