RingCentral Inc (RNG)
34.87
-0.17
(-0.49%)
USD |
NYSE |
Nov 21, 16:00
34.86
0.00 (0.00%)
Pre-Market: 20:00
RingCentral Gross Profit Margin (Quarterly): 70.40% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 70.40% |
| June 30, 2024 | 70.20% |
| March 31, 2024 | 70.82% |
| 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% |
| Date | Value |
|---|---|
| June 30, 2018 | 76.33% |
| 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
73.55%
Maximum
Dec 2019
70.68%
Average
70.30%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Amdocs Ltd | 34.73% |
| AppFolio Inc | 65.18% |
| Twilio Inc | 51.04% |
| Paymentus Holdings Inc | 26.20% |
| WidePoint Corp | 13.55% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Assets | -5.10% |
| Return on Invested Capital | -8.82% |
| Profit Margin (Quarterly) | -1.29% |
| Operating Margin (Quarterly) | 0.54% |
| Return on Net Operating Assets | -8.44% |