RingCentral (RNG) Asset Utilization Ratio (2013 - 2026)
RingCentral (RNG) posted quarterly Asset Utilization Ratio of 1.84 for Q2 2026, up 21.51% year-on-year from 1.52 in Q2 2025, and up 5.06% on a QoQ basis from 1.75 in Q1 2026.
RingCentral (RNG) Asset Utilization Ratio (2013 - 2026) Analysis & Trends
RingCentral (RNG) has reported Asset Utilization Ratio for 14 consecutive years, with 1.84 the latest figure, recorded in Q2 2026.
- Quarterly Asset Utilization Ratio rose 21.51% year-over-year to 1.84 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 1.84 (up 21.51% YoY) and the FY2025 annual result came in at 1.54, up 19.67% from the prior year.
- Asset Utilization Ratio climbed to 1.84 in Q2 2026 per RNG's latest filing, from 1.75 in the prior quarter.
- Over the last five years, Asset Utilization Ratio for RNG reached as high as 1.84 in Q2 2026 and fell as low as 0.66 in Q1 2022.
- A 5-year average of 1.23 and a median of 1.21 in 2024 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio increased 5.06% — and 2023, when it soared 50.07%.
- Year by year, Asset Utilization Ratio stood at 0.91 in 2022, then gained by 17.8% to 1.07 in 2023, then advanced by 25.02% to 1.33 in 2024, then rose by 25.23% to 1.67 in 2025, then gained by 10.34% to 1.84 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 1.84, 1.75, and 1.67 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 0.51 |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 0.84 |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 0.88 |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 0.39 |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 0.53 |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 0.29 |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 0.57 |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 0.50 |
| 10 | RingCentral | 3.27 Bn | 3.15 Bn | 472.31 Mn | 1.84 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.84 |
| Mar 31, 2026 | 1.75 |
| Dec 31, 2025 | 1.67 |
| Sep 30, 2025 | 1.59 |
| Jun 30, 2025 | 1.52 |
| Mar 31, 2025 | 1.42 |
| Dec 31, 2024 | 1.33 |
| Sep 30, 2024 | 1.29 |
| Jun 30, 2024 | 1.25 |
| Mar 31, 2024 | 1.18 |
| Dec 31, 2023 | 1.07 |
| Sep 30, 2023 | 1.04 |
| Jun 30, 2023 | 1.05 |
| Mar 31, 2023 | 1.00 |
| Dec 31, 2022 | 0.91 |
| Sep 30, 2022 | 0.79 |
| Jun 30, 2022 | 0.71 |
| Mar 31, 2022 | 0.66 |
| Dec 31, 2021 | 0.70 |
| Sep 30, 2021 | 0.75 |