Is the business good?
How good a business is RAMP?
LiveRamp Holdings, Inc. earns 11% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
11%
Return on invested capital · cost of capital 9.0% · 2.3 points above what the capital costs: growth creates value
- Operating margin
- 10%
Operating margin · Software - Infrastructure median 6.1% · 12 months to Q4 2026
- R&D as % of revenue
- 18%
R&D as % of revenue
- Gross margin
- 71%
Gross margin
| Year | Operating margin |
|---|---|
| FY2021 | −27% |
| FY2022 | −12% |
| FY2023 | −21% |
| FY2024 | 1.7% |
| FY2025 | 0.72% |
| FY2026 | 10% |
Details›
- Gross margin12 months to Q4 2026
- 71%
- Operating margin12 months to Q4 2026
- 10%
- Net margin12 months to Q4 2026
- 18%
- R&D as % of revenue
- 18%
- Revenue, trailing twelve months
- $813M
- Net income, trailing twelve months
- $146M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 11%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Software - Infrastructure
Ranks #26 of 78 by Smart Score