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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

Employees
4.3K
Website
Financials (LTM)
EV
$5B
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
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $3B | XXX | $3B | XXX | XXX | XXX |
| Gross Profit | $2B | XXX | $2B | XXX | XXX | XXX |
| Gross Margin | 77% | XXX | 71% | XXX | XXX | XXX |
| EBITDA | $674M | XXX | $653M | XXX | XXX | XXX |
| EBITDA Margin | 26% | XXX | 26% | XXX | XXX | XXX |
| EBIT Margin | 23% | XXX | 23% | XXX | XXX | XXX |
| Net Profit | $405M | XXX | $398M | XXX | XXX | XXX |
| Net Margin | 16% | XXX | 16% | XXX | XXX | XXX |
| Net Debt | — | — | $1B | XXX | XXX | XXX |
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.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $5B | $3B | 4.2% | XXX | XXX | XXX | $4.73 |
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Start Free TrialRingCentral Valuation Multiples
RingCentral trades at 1.8x EV/Revenue multiple, and 6.7x EV/EBITDA.
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.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $3B | XXX | $3B | XXX | XXX | XXX |
| EV (current) | $5B | XXX | $5B | XXX | XXX | XXX |
| EV/Revenue | 1.8x | XXX | 1.8x | XXX | XXX | XXX |
| EV/EBITDA | 6.7x | XXX | 7.0x | XXX | XXX | XXX |
| EV/EBIT | 7.8x | XXX | 8.0x | XXX | XXX | XXX |
| EV/Gross Profit | 2.3x | XXX | 2.5x | XXX | XXX | XXX |
| P/E | 8.4x | XXX | 8.5x | XXX | XXX | XXX |
| EV/FCF | 8.3x | XXX | 8.6x | XXX | XXX | XXX |
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.


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).
RingCentral Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 5% | XXX | 5% | XXX | XXX | XXX |
| EBITDA Margin | 26% | XXX | 26% | XXX | XXX | XXX |
| EBITDA Growth | 9% | XXX | 11% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 32% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 39% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.6M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.4M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 38% | XXX | 44% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 7% | XXX | 10% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 10% | XXX | 13% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 66% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
RingCentral Public Comps
See public comps and valuation multiples for other Communication & Collaboration Software comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| RingCentral | XXX | XXX | XXX | XXX | XXX | XXX |
| Monday.com | XXX | XXX | XXX | XXX | XXX | XXX |
| Box | XXX | XXX | XXX | XXX | XXX | XXX |
| SoundHound | XXX | XXX | XXX | XXX | XXX | XXX |
| Calix | XXX | XXX | XXX | XXX | XXX | XXX |
| Lumine Group | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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).
Latest Acquisitions by RingCentral
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialRingCentral 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).
Latest Investments by RingCentral
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout 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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