RingCentral Inc (RNG)
35.42
+1.04
(+3.03%)
USD |
NYSE |
May 09, 13:26
RingCentral Gross Profit Margin (Quarterly): 70.20% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
December 31, 2023 | 70.20% |
September 30, 2023 | 69.73% |
June 30, 2023 | 69.51% |
March 31, 2023 | 69.89% |
December 31, 2022 | 69.40% |
September 30, 2022 | 67.10% |
June 30, 2022 | 67.51% |
March 31, 2022 | 66.75% |
December 31, 2021 | 69.67% |
September 30, 2021 | 73.36% |
June 30, 2021 | 72.34% |
March 31, 2021 | 72.48% |
December 31, 2020 | 72.73% |
September 30, 2020 | 72.89% |
June 30, 2020 | 72.43% |
March 31, 2020 | 72.55% |
December 31, 2019 | 73.55% |
September 30, 2019 | 74.41% |
June 30, 2019 | 75.07% |
March 31, 2019 | 74.77% |
December 31, 2018 | 76.61% |
September 30, 2018 | 77.41% |
June 30, 2018 | 76.33% |
Date | Value |
---|---|
March 31, 2018 | 76.27% |
December 31, 2017 | 76.19% |
September 30, 2017 | 76.37% |
June 30, 2017 | 75.35% |
March 31, 2017 | 75.67% |
December 31, 2016 | 76.57% |
September 30, 2016 | 75.78% |
June 30, 2016 | 75.65% |
March 31, 2016 | 74.88% |
December 31, 2015 | 72.60% |
September 30, 2015 | 70.91% |
June 30, 2015 | 69.54% |
March 31, 2015 | 68.54% |
December 31, 2014 | 67.81% |
September 30, 2014 | 65.92% |
June 30, 2014 | 62.98% |
March 31, 2014 | 62.90% |
December 31, 2013 | 62.17% |
September 30, 2013 | 61.92% |
June 30, 2013 | 61.11% |
March 31, 2013 | 61.33% |
December 31, 2012 | 62.66% |
September 30, 2012 | 62.04% |
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.
Gross Profit Margin (Quarterly) Range, Past 5 Years
66.75%
Minimum
Mar 2022
75.07%
Maximum
Jun 2019
71.14%
Average
72.34%
Median
Jun 2021
Gross Profit Margin (Quarterly) Benchmarks
CSP Inc | 26.63% |
WidePoint Corp | 14.27% |
Intellinetics Inc | 64.92% |
Data Storage Corp | 41.65% |
Signing Day Sports Inc | 91.71% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Assets | -8.09% |
Return on Invested Capital | -12.93% |
Profit Margin (Quarterly) | -8.27% |
Operating Margin (Quarterly) | -7.88% |
Return on Net Operating Assets | -13.72% |