Open Text (OTEX) vs RingCentral (RNG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
RingCentral (RNG) has outperformed Open Text (OTEX) over the past year, gaining 189.2% versus a loss of 39.9%. Over five years, OTEX leads with a -53.6% price change compared with -66.7% for RNG. RingCentral is the larger company by market cap ($6.54 billion vs $5.64 billion), about 1.2 times the size.
On valuation, Open Text trades at a lower forward P/E (5.5x vs 14.0x for RingCentral). Open Text offers the higher dividend yield (4.73% vs 0.19%). Open Text converts more of its revenue into profit, with a net margin of 12.3% 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 | OTEX | RNG |
|---|---|---|
| Share price | $23.24 | $78.35 |
| Market cap | $5.64B | $6.54B |
| 1-day change | +0.43% | +2.36% |
| YTD return | -28.67% | +171.30% |
| 1-year return | -39.86% | +189.22% |
| 5-year return | -53.56% | -66.71% |
| P/E ratio (TTM) | 9.01 | 62.68 |
| Forward P/E | 5.46 | 14.04 |
| EPS (TTM) | $2.58 | $1.25 |
| Dividend yield | 4.73% | 0.19% |
| Annual dividend | $1.10 | $0.15 |
| Revenue (latest FY) | $5.25B | $2.52B |
| Revenue growth (YoY) | +1.51% | +4.78% |
| Net income (latest FY) | $643.02M | $43.39M |
| Gross margin | 73.74% | 71.24% |
| Operating margin | 20.64% | 4.79% |
| Net margin | 12.26% | 1.73% |
| 52-week high | $39.90 | $81.90 |
| 52-week low | $19.78 | $24.14 |
| Distance from 52-week high | -41.75% | -4.33% |
| Analyst consensus | hold | none |
| Avg. price target upside | +20.27% | -26.43% |
| Average volume | 1.46M | 1.83M |
| Shares outstanding | 242.66M | 73.74M |
| Employees | 19,900 | 7,378 |
| Sector | Technology | Technology |
| Industry | EDP Services | 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 OTEX by 229.1 percentage points over the past year.
- RingCentral trades at a higher earnings multiple (62.7x vs 9.0x trailing P/E).
- Open Text offers a meaningfully higher dividend yield (4.73% vs 0.19%).
- Open Text is more profitable, keeping 12.3 cents of every revenue dollar as net income versus 1.7 cents for RingCentral.
About Open Text
OTEX stock →Open Text Corporation provides data management solutions for enterprise AI in North, Central and South America, Europe, the Middle East, Africa, Australia, Japan, Singapore, India, and China. Its products and solutions help organizations collect, connect, contextualize, protect, govern, use, and secure data across their operations.
Technology · EDP Services · 19,900 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
OTEX vs RNG FAQ
Which is bigger, Open Text or RingCentral?
RingCentral (RNG) is larger, with a market capitalization of $6.54B compared with $5.64B for Open Text (OTEX).
Which stock has performed better over the past year, OTEX or RNG?
RNG returned +189.22% over the past 12 months, compared with -39.86% for OTEX (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, OTEX or RNG?
OTEX has the lower trailing P/E at 9.0, versus 62.7 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, Open Text or RingCentral?
Open Text has the higher yield at 4.73%, compared with 0.19% for RingCentral.
Are Open Text and RingCentral in the same industry?
Yes. Both are classified in the EDP Services industry within the Technology sector.