RingCentral, Inc. (RNG) Return On Equity % [USD] 2014 - 2023

Historical data

Taxonomy & unit
ratio: %
Description
Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
Summary
RingCentral, Inc. quarterly/annual Return On Equity history and growth rate from 2014 to 2023.
  • RingCentral, Inc. Return On Equity for the quarter ending March 31, 2024 was 28.1 %, a 88.9% decline year-over-year.
  • RingCentral, Inc. annual Return On Equity for 2023 was 34.2 %, a 93% decline from 2022.
  • RingCentral, Inc. annual Return On Equity for 2022 was 491 %.
  • RingCentral, Inc. annual Return On Equity for 2021 was -218 %, a 977% decline from 2020.
Return On Equity, Annual (% [USD])
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 34.2 -457 -93% Jan 1, 2023 Dec 31, 2023
2022 491 +709 Jan 1, 2022 Dec 31, 2022
2021 -218 -198 -977% Jan 1, 2021 Dec 31, 2021
2020 -20.3 -8.37 -70.3% Jan 1, 2020 Dec 31, 2020
2019 -11.9 -3.05 -34.5% Jan 1, 2019 Dec 31, 2019
2018 -8.85 -6.37 -257% Jan 1, 2018 Dec 31, 2018
2017 -2.48 +10.1 +80.3% Jan 1, 2017 Dec 31, 2017
2016 -12.6 +19.1 +60.2% Jan 1, 2016 Dec 31, 2016
2015 -31.7 +15.1 +32.2% Jan 1, 2015 Dec 31, 2015
2014 -46.7 Jan 1, 2014 Dec 31, 2014
* An asterisk sign (*) next to the value indicates that the value is likely invalid.