RingCentral, Inc. (RNG) Return on equity 2016–2021
RingCentral, Inc. (RNG) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-111.0%FY2021 · since FY2016: -9.9% → -111.0%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2021 | -111.0% | -84.1 pp |
| FY2020 | -26.9% | -19.7 pp |
| FY2019 | -7.2% | +1.1 pp |
| FY2018 | -8.3% | -6.4 pp |
| FY2017 | -1.8% | +8.0 pp |
| FY2016 | -9.9% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice