RingCentral (RNG) Return on Invested Capital [ROIC] (2013 - 2026)
RingCentral's Return on Invested Capital [ROIC] was 26.07% in Q3 2026, up 20.55 percentage points from 5.52% a year earlier but down 2.44 percentage points from the prior quarter.
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Analysis
RingCentral (RNG) Return on Invested Capital [ROIC] (2013 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at RingCentral came in at 11.32%, up 11.05 percentage points from FY2024.
- Return on Invested Capital [ROIC] has now increased for four consecutive years, with a five-year change of +32.18 percentage points (FY2020 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was 0.26% in FY2024 (+18.35 pp), -18.09% in FY2023 (+68.82 pp), -86.91% in FY2022 (+2.04 pp) and -88.95% in FY2021 (-68.08 pp).
- Quarterly Return on Invested Capital [ROIC] has moved between -157.09% (Q4 2021) and 28.51% (Q2 2026) over five years.
- Compared with a year earlier, Return on Invested Capital [ROIC] has increased for nine straight quarters, with an average year-over-year change of +17.46 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q2 2026 (a gain of 28.51 percentage points); the worst was Q4 2021 (a drop of 122.32 percentage points).
- Per Business Quant data, RNG's Return on Invested Capital [ROIC] in the three quarters before Q3 2026 was 28.51% (Q2 2026), 22.60% (Q1 2026) and 13.38% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 94.52 Bn | 69.77 Bn | 6.00 Bn | 44.30% |
| 2 | Autodesk | 54.99 Bn | 43.02 Bn | 1.87 Bn | 26.45% |
| 3 | Atlassian | 39.98 Bn | 33.26 Bn | 1.53 Bn | 0.00% |
| 4 | Twilio | 30.87 Bn | 20.51 Bn | 760.53 Mn | 3.95% |
| 5 | Zoom Communications | 26.33 Bn | -4.40 Bn | 985.50 Mn | - |
| 6 | Figma | 10.00 Bn | 3.32 Bn | 314.44 Mn | - |
| 7 | Dropbox | 7.80 Bn | 3.43 Bn | 506.50 Mn | 104.56% |
| 8 | Open Text | 6.19 Bn | 1.62 Bn | 1.01 Bn | 8.12% |
| 9 | RingCentral | 6.04 Bn | 5.57 Bn | 494.30 Mn | 26.07% |
| 10 | Nice | 5.99 Bn | 4.56 Bn | 1.49 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 26.07% |
| Jun 30, 2026 | 28.51% |
| Mar 31, 2026 | 22.60% |
| Dec 31, 2025 | 13.38% |
| Sep 30, 2025 | 5.52% |
| Jun 30, 2025 | 0.00% |
| Mar 31, 2025 | 2.66% |
| Dec 31, 2024 | 0.27% |
| Sep 30, 2024 | -5.81% |
| Jun 30, 2024 | -11.39% |
| Mar 31, 2024 | -15.05% |
| Dec 31, 2023 | -16.85% |
| Sep 30, 2023 | -33.78% |
| Dec 31, 2021 | -157.09% |
| Sep 30, 2021 | -330.46% |
| Jun 30, 2021 | -101.52% |
| Mar 31, 2021 | -44.01% |
| Dec 31, 2020 | -34.76% |
| Sep 30, 2020 | -23.36% |
| Dec 31, 2016 | -16.38% |
API Access
RingCentral Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=RNG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=RNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();