RAMPLiveRamp Holdings, Inc.
Is the business good?
The checks split: nothing decisive, though margins widening.
Positive operating leverage, operating profit is growing faster than sales, so margins widen as the business scales.
Margin-driven, fat margins on slower asset turns. ROE 11% = margin × turnover × leverage.
All from derived.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is RAMP?
LiveRamp Holdings, Inc. earns 13% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
Return on invested capital · cost of capital 9.0% · 3.6 points above what the capital costs: growth creates value
- Operating margin
- 12%
Operating margin · Software - Infrastructure median 5.8% · 12 months to Q1 2027
- Share count, year on year
- −7.3%
Share count, year on year · bought back, each share owns more of the company
- R&D as % of revenue
- 18%
R&D as % of revenue
| Year | Operating margin |
|---|---|
| FY2021 | −27% |
| FY2022 | −12% |
| FY2023 | −21% |
| FY2024 | 1.7% |
| FY2025 | 0.72% |
| FY2026 | 10% |
Details›
- Gross margin12 months to Q1 2027
- 71%
- Operating margin12 months to Q1 2027
- 12%
- Net margin12 months to Q1 2027
- 19%
- R&D as % of revenue
- 18%
- Revenue, trailing twelve months
- $832M
- Net income, trailing twelve months
- $156M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 13%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Software, Infrastructure
Ranks #29 of 80 by RyuScore