RingCentral (RNG) EV to FCF (2016 - 2026)
RingCentral's EV to FCF came in at 9.29 for Q3 2026, up 125.2% from 4.13 a year earlier and up 88.0% from the prior quarter.
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Analysis
RingCentral (RNG) EV to FCF (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, RingCentral reported EV to FCF of 8.75, up 178.8% year-over-year; for FY2025, it was 3.96, down 38.1% from FY2024.
- EV to FCF has declined in each of the last four years.
- Going back by year, EV to FCF was 6.40 in FY2024 (-18.4%), 7.85 in FY2023 (-60.0%), 19.59 in FY2022 (-86.1%) and 141.26 in FY2021.
- The Q3 2026 figure represents the highest quarterly EV to FCF since Q2 2023.
- Year-over-year, EV to FCF has increased for three consecutive quarters, with an average decline of 0.6% over the last eight quarters.
- The fastest year-over-year change in EV to FCF over five years came in Q3 2026 (growth of 125.2%), and the weakest in Q3 2022 (a decline of 92.5%).
- Business Quant data shows RNG's EV to FCF at 4.94 (Q2 2026), 5.03 (Q1 2026) and 3.96 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Adobe | 96.93 Bn | 72.18 Bn | 6.00 Bn |
| 2 | Autodesk | 53.20 Bn | 41.24 Bn | 1.87 Bn |
| 3 | Atlassian | 48.61 Bn | 41.89 Bn | 1.53 Bn |
| 4 | Twilio | 32.92 Bn | 32.92 Bn | 760.53 Mn |
| 5 | Zoom Communications | 26.85 Bn | -3.94 Bn | 985.50 Mn |
| 6 | Figma | 11.41 Bn | 4.92 Bn | 309.61 Mn |
| 7 | Dropbox | 7.95 Bn | 3.59 Bn | 506.50 Mn |
| 8 | RingCentral | 6.62 Bn | 6.15 Bn | 494.30 Mn |
| 9 | Nice | 6.56 Bn | 5.03 Bn | 995.81 Mn |
| 10 | Open Text | 6.44 Bn | 1.88 Bn | 1.01 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 9.29 |
| Jun 30, 2026 | 4.94 |
| Mar 31, 2026 | 5.03 |
| Dec 31, 2025 | 3.96 |
| Sep 30, 2025 | 4.13 |
| Jun 30, 2025 | 4.39 |
| Mar 31, 2025 | 4.07 |
| Dec 31, 2024 | 6.40 |
| Sep 30, 2024 | 6.09 |
| Jun 30, 2024 | 5.99 |
| Mar 31, 2024 | 8.28 |
| Dec 31, 2023 | 7.85 |
| Sep 30, 2023 | 7.85 |
| Jun 30, 2023 | 11.47 |
| Mar 31, 2023 | 12.88 |
| Dec 31, 2022 | 19.59 |
| Sep 30, 2022 | 20.91 |
| Jun 30, 2022 | 27.45 |
| Mar 31, 2022 | 73.56 |
| Dec 31, 2021 | 141.26 |
API Access
RingCentral EV to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=RNG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "ticker": "RNG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=RNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();