AppFolio (APPF) vs RingCentral (RNG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
RingCentral (RNG) has outperformed AppFolio (APPF) over the past year, gaining 182.9% versus a loss of 17.8%. Over five years, APPF leads with a +52.1% price change compared with -67.4% for RNG. AppFolio is the larger company by market cap ($6.98 billion vs $6.39 billion), about 1.1 times the size.
On valuation, RingCentral trades at a lower forward P/E (13.7x vs 23.4x for AppFolio). RingCentral pays a dividend yielding 0.20%, while AppFolio does not currently pay one. AppFolio converts more of its revenue into profit, with a net margin of 14.8% versus 1.7%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | APPF | RNG |
|---|---|---|
| Share price | $196.97 | $76.54 |
| Market cap | $6.98B | $6.39B |
| 1-day change | -3.12% | -0.93% |
| YTD return | -15.34% | +165.84% |
| 1-year return | -17.76% | +182.89% |
| 5-year return | +52.08% | -67.38% |
| P/E ratio (TTM) | 45.07 | 61.23 |
| Forward P/E | 23.36 | 13.72 |
| EPS (TTM) | $4.37 | $1.25 |
| Dividend yield | 0.00% | 0.20% |
| Annual dividend | $0.00 | $0.15 |
| Revenue (latest FY) | $950.82M | $2.52B |
| Revenue growth (YoY) | +19.72% | +4.78% |
| Net income (latest FY) | $140.92M | $43.39M |
| Gross margin | 63.68% | 71.24% |
| Operating margin | 16.08% | 4.79% |
| Net margin | 14.82% | 1.73% |
| 52-week high | $265.02 | $81.90 |
| 52-week low | $142.56 | $24.14 |
| Distance from 52-week high | -25.68% | -6.54% |
| Analyst consensus | strong_buy | none |
| Avg. price target upside | +21.10% | -24.69% |
| Average volume | 362.67K | 1.84M |
| Shares outstanding | 24.09M | 73.74M |
| Employees | 1,702 | 7,378 |
| Sector | Technology | Technology |
| Industry | Computer Software: Prepackaged Software | EDP Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- RNG has outperformed APPF by 200.6 percentage points over the past year.
- RingCentral trades at a higher earnings multiple (61.2x vs 45.1x trailing P/E).
- AppFolio is more profitable, keeping 14.8 cents of every revenue dollar as net income versus 1.7 cents for RingCentral.
- AppFolio grew revenue faster in its latest fiscal year (+19.72% vs +4.78%).
About AppFolio
APPF stock →AppFolio, Inc., together with its subsidiaries, provides cloud-based platform for the real estate industry in the United States. The company provides a cloud-based platform that assist with accounting, reporting, marketing, leasing, maintenance, workflow automation, and communication services.
Technology · Computer Software: Prepackaged Software · 1,702 employees
About RingCentral
RNG stock →RingCentral, Inc., an agentic voice AIpowered cloud business communication services provider, delivering an integrated platform for business phone, SMS, contact center, workforce engagement management, video collaboration, and messaging. The company's products include RingEX, a AI-powered unified communications as a service platform for collaboration across voice, messaging, and video; RingCentral Contact Center, a contact center solution that delivers AI-powered omni-channel and workforce engagement solutions; RingCentral Customer Engagement Bundle, a comprehensive solution that includes phone, messaging, and SMS for businesses; and RingCX, a contact center as a service solution for AI-powered customer engagement with CRM integrations.
Technology · EDP Services · 7,378 employees
APPF vs RNG FAQ
Which is bigger, AppFolio or RingCentral?
AppFolio (APPF) is larger, with a market capitalization of $6.98B compared with $6.39B for RingCentral (RNG).
Which stock has performed better over the past year, APPF or RNG?
RNG returned +182.89% over the past 12 months, compared with -17.76% for APPF (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, APPF or RNG?
APPF has the lower trailing P/E at 45.1, versus 61.2 for RNG. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, AppFolio or RingCentral?
RingCentral pays a dividend yielding 0.20%, while AppFolio does not currently pay a regular dividend.
Are AppFolio and RingCentral in the same industry?
Both are in the Technology sector, but in different industries: Computer Software: Prepackaged Software for AppFolio and EDP Services for RingCentral.