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RingCentral Valuation Multiples

Discover revenue and EBITDA valuation multiples for RingCentral and similar public comparables like Monday.com, Box, SoundHound, Calix and more.

RingCentral Overview

About RingCentral

RingCentral is a unified communications as a service, or UCaaS, provider. Its software helps users communicate and collaborate via voice, video, and messaging across all device types and all from one platform. RingCentral helps customers modernize and move from legacy on-premises systems to modern, cloud-based systems. Beyond its core RingCentral MVP solution, RingCentral also offers a cloud-based contact center solution, a stand-alone video meetings solution, and webinars.


Founded

1999

HQ

United States

Employees

4.3K

Financials (LTM)

Revenue: $3B
EBITDA: $674M

EV

$5B

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RingCentral Financials

RingCentral reported last 12-month revenue of $3B and EBITDA of $674M.

In the same LTM period, RingCentral generated $2B in gross profit, $674M in EBITDA, and $405M in net income.

Revenue (LTM)


RingCentral P&L

In the most recent fiscal year, RingCentral reported revenue of $3B and EBITDA of $653M.

RingCentral expects next 12-month revenue of XXX and NTM EBITDA of XXX

See RingCentral forward-looking valuation multiples
LTMNTMLast FYFY 2026FY 2027FY 2028
Revenue$3BXXX$3BXXXXXXXXX
Gross Profit$2BXXX$2BXXXXXXXXX
Gross Margin77%XXX71%XXXXXXXXX
EBITDA$674MXXX$653MXXXXXXXXX
EBITDA Margin26%XXX26%XXXXXXXXX
EBIT Margin23%XXX23%XXXXXXXXX
Net Profit$405MXXX$398MXXXXXXXXX
Net Margin16%XXX16%XXXXXXXXX
Net Debt——$1BXXXXXXXXX

Financial data powered by Morningstar, Inc.

RingCentral Stock Performance

RingCentral has current market cap of $3B, and enterprise value of $5B.

Market Cap Evolution


RingCentral's stock price is $40.33.

See RingCentral trading valuation data
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$5B$3B4.2%XXXXXXXXX$4.73

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RingCentral Valuation Multiples

RingCentral trades at 1.8x EV/Revenue multiple, and 6.7x EV/EBITDA.

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EV / Revenue (LTM)


RingCentral Financial Valuation Multiples

As of April 17, 2026, RingCentral has market cap of $3B and EV of $5B.

Equity research analysts estimate RingCentral's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

RingCentral has a P/E ratio of 8.4x.

LTMNTMLast FYFY 2026FY 2027FY 2028
Market cap (current)$3BXXX$3BXXXXXXXXX
EV (current)$5BXXX$5BXXXXXXXXX
EV/Revenue1.8xXXX1.8xXXXXXXXXX
EV/EBITDA6.7xXXX7.0xXXXXXXXXX
EV/EBIT7.8xXXX8.0xXXXXXXXXX
EV/Gross Profit2.3xXXX2.5xXXXXXXXXX
P/E8.4xXXX8.5xXXXXXXXXX
EV/FCF8.3xXXX8.6xXXXXXXXXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified RingCentral Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.

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RingCentral Margins & Growth Rates

RingCentral's revenue in the last 12 month grew by 5%.

RingCentral's revenue per employee in the last FY averaged $0.6M, while opex per employee averaged $0.4M for the same period.

RingCentral's rule of 40 is 32% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

RingCentral's rule of X is 39% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

See operational valuation multiples for RingCentral and other 15K+ public comps

RingCentral Operational Valuation Multiples

LTMNTMLast FYFY 2026FY 2027FY 2028
Revenue Growth5%XXX5%XXXXXXXXX
EBITDA Margin26%XXX26%XXXXXXXXX
EBITDA Growth9%XXX11%XXXXXXXXX
Rule of 40—XXX32%XXXXXXXXX
Bessemer Rule of X—XXX39%XXXXXXXXX
Revenue per Employee—XXX$0.6MXXXXXXXXX
Opex per Employee—XXX$0.4MXXXXXXXXX
S&M Expenses to Revenue38%XXX44%XXXXXXXXX
G&A Expenses to Revenue7%XXX10%XXXXXXXXX
R&D Expenses to Revenue10%XXX13%XXXXXXXXX
Opex to Revenue—XXX66%XXXXXXXXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 230+ Verticals

RingCentral Public Comps

See public comps and valuation multiples for other Communication & Collaboration Software comps.

EV/RevenueEV/EBITDA
LTM2026E2027ELTM2026E2027E
RingCentralXXXXXXXXXXXXXXXXXX
Monday.comXXXXXXXXXXXXXXXXXX
BoxXXXXXXXXXXXXXXXXXX
SoundHoundXXXXXXXXXXXXXXXXXX
CalixXXXXXXXXXXXXXXXXXX
Lumine GroupXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXXXXXXX

Valuation data powered by FactSet, Inc.

RingCentral M&A Activity

RingCentral acquired XXX companies to date.

Last acquisition by RingCentral was on XXXXXXXX, XXXXX. RingCentral acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

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Latest Acquisitions by RingCentral

Acquired CompanyValuationEV/RevenueEV/EBITDA
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX

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RingCentral Investment Activity

RingCentral invested in XXX companies to date.

RingCentral made its latest investment on XXXXXXXX, XXXXX. RingCentral invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).

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Latest Investments by RingCentral

CompanyValuationEV/RevenueEV/EBITDA
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX

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About RingCentral

When was RingCentral founded?RingCentral was founded in 1999.
Where is RingCentral headquartered?RingCentral is headquartered in United States.
How many employees does RingCentral have?As of today, RingCentral has over 4K employees.
Who is the CEO of RingCentral?RingCentral's CEO is Vladimir Shmunis.
Is RingCentral publicly listed?Yes, RingCentral is a public company listed on NYSE.
What is the stock symbol of RingCentral?RingCentral trades under RNG ticker.
When did RingCentral go public?RingCentral went public in 2013.
Who are competitors of RingCentral?RingCentral main competitors are Monday.com, Box, SoundHound, Calix.
What is the current market cap of RingCentral?RingCentral's current market cap is $3B.
What is the current revenue of RingCentral?RingCentral's last 12 months revenue is $3B.
What is the current revenue growth of RingCentral?RingCentral revenue growth (NTM/LTM) is 5%.
What is the current EV/Revenue multiple of RingCentral?Current revenue multiple of RingCentral is 1.8x.
Is RingCentral profitable?Yes, RingCentral is EBITDA-positive (as of the last 12 months).
What is the current EBITDA of RingCentral?RingCentral's last 12 months EBITDA is $674M.
What is RingCentral's EBITDA margin?RingCentral's last 12 months EBITDA margin is 26%.
What is the current EV/EBITDA multiple of RingCentral?Current EBITDA multiple of RingCentral is 6.7x.
What is the current FCF of RingCentral?RingCentral's last 12 months FCF is $546M.
What is RingCentral's FCF margin?RingCentral's last 12 months FCF margin is 21%.
What is the current EV/FCF multiple of RingCentral?Current FCF multiple of RingCentral is 8.3x.

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