RingCentral Inc (RNG)

274.25 +14.74  +5.68% NYSE May 29, 20:00 Delayed 2m USD

RingCentral Gross Profit Margin (Quarterly):

72.55% for March 31, 2020
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Historical Gross Profit Margin (Quarterly) Data

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Data for this Date Range  
March 31, 2020 72.55%
Dec. 31, 2019 73.55%
Sept. 30, 2019 74.41%
June 30, 2019 75.07%
March 31, 2019 74.77%
Dec. 31, 2018 76.61%
Sept. 30, 2018 77.41%
June 30, 2018 76.33%
March 31, 2018 76.27%
Dec. 31, 2017 76.19%
Sept. 30, 2017 76.37%
June 30, 2017 75.35%
March 31, 2017 75.67%
Dec. 31, 2016 76.57%
Sept. 30, 2016 75.78%
June 30, 2016 75.65%
   
March 31, 2016 74.88%
Dec. 31, 2015 72.60%
Sept. 30, 2015 70.91%
June 30, 2015 69.54%
March 31, 2015 68.54%
Dec. 31, 2014 67.81%
Sept. 30, 2014 65.92%
June 30, 2014 62.98%
March 31, 2014 62.90%
Dec. 31, 2013 62.17%
Sept. 30, 2013 61.92%
June 30, 2013 61.11%
March 31, 2013 61.33%
Dec. 31, 2012 62.66%
Sept. 30, 2012 62.04%

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Gross Profit Margin Definition

Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.

Read full definition.

Gross Profit Margin (Quarterly) Benchmarks

Benchmarks
CSP Inc 27.85%
Amdocs Ltd 34.73%
Fiserv Inc 42.50%

Gross Profit Margin (Quarterly) Range, Past 5 Years

Minimum 69.54% Jun 2015
Maximum 77.41% Sep 2018
Average 74.82%
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