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RingCentral (RingCentral) FCF Yield % : 11.45 (As of Apr. 27, 2024)


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What is RingCentral FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, RingCentral's Trailing 12-Month Free Cash Flow is $324 Mil, and Market Cap is $2,829 Mil. Therefore, RingCentral's FCF Yield % for today is 11.45%.

The historical rank and industry rank for RingCentral's FCF Yield % or its related term are showing as below:

RNG' s FCF Yield % Range Over the Past 10 Years
Min: -7.63   Med: -0.33   Max: 11.74
Current: 11.45


During the past 13 years, the highest FCF Yield % of RingCentral was 11.74%. The lowest was -7.63%. And the median was -0.33%.

RNG's FCF Yield % is ranked better than
91.81% of 2832 companies
in the Software industry
Industry Median: 0.35 vs RNG: 11.45

RingCentral's FCF Margin % for the quarter that ended in Dec. 2023 was 16.43%.


RingCentral FCF Yield % Historical Data

The historical data trend for RingCentral's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

RingCentral FCF Yield % Chart

RingCentral Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.47 -0.42 -1.38 2.99 10.21

RingCentral Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.94 11.90 9.41 10.07 11.83

Competitive Comparison of RingCentral's FCF Yield %

For the Software - Application subindustry, RingCentral's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


RingCentral's FCF Yield % Distribution in the Software Industry

For the Software industry and Technology sector, RingCentral's FCF Yield % distribution charts can be found below:

* The bar in red indicates where RingCentral's FCF Yield % falls into.



RingCentral FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

RingCentral's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=323.922 / 3173.23181
=10.21%

RingCentral's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=93.86 * 4 / 3173.23181
=11.83%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


RingCentral FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


RingCentral FCF Yield % Related Terms

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RingCentral (RingCentral) Business Description

Traded in Other Exchanges
Address
20 Davis Drive, Belmont, CA, USA, 94002
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 standalone video meetings solution, and webinars.
Executives
Sonalee Elizabeth Parekh officer: Chief Financial Officer 767 FIFTH AVENUE, NEW YORK NY 10153
Vladimir Shmunis director, 10 percent owner, officer: CEO and Chairman C/O RINGCENTRAL, INC., 20 DAVIS DRIVE, BELMONT CA 94002
John H Marlow officer: SVP & General Counsel C/O RINGCENTRAL, INC, 20 DAVIS DRIVE, BELMONT CA 94002
Vaibhav Agarwal officer: Chief Accounting Officer 20 DAVIS DRIVE, BELMONT CA 94002
Mohammed Katibeh officer: Chief Operating Officer 20 DAVIS DRIVE, BELMONT CA 94002
Tarek Robbiati director 6200 SPRINT PARKWAY, OVERLAND PARK KS 66251
Sri Srinivasan director C/O ZUORA, INC., 101 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065
Mitesh Dhruv officer: CFO 34601 CASCADES CIRCLE, UNION CITY CA 94587
Anand Eswaran officer: President & COO 20 DAVIS DRIVE, BELMONT CA 94002
R Neil Williams director C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Praful Shah officer: SVP, Strategy C/O RINGCENTRAL, INC., 1400 FASHION ISLAND BLVD, 7TH FLOOR, SAN MATEO CA 94404
Robert I Theis director
Godfrey Sullivan director SPLUNK INC., 250 BRANNAN STREET, SAN FRANCISCO CA 94107
Arne Duncan director 182 N. UNION AVENUE, FARMINGTON UT 84025
Allan C. Thygesen director 20 DAVIS DRIVE, BELMONT CA 94002