LiveRamp Holdings, Inc. (RAMP) Stock

LiveRamp Holdings, Inc. (RAMP) is a Technology stock trading at $37.65 (as of 2026-08-20), with a market capitalization of $2.29B and a trailing P/E of 14.7. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

LiveRamp Holdings, Inc. provides an enterprise data connectivity platform that includes people-based identity and data enablement offerings, along with an offline identity resolution solution. The company offers services such as RampID and Safe Haven, and operates in the United States, Europe, and the Asia-Pacific, serving industries including financial services, retail, healthcare, and government.

Understand LiveRamp Holdings, Inc.: how it makes money

LiveRamp provides enterprise data connectivity platform solutions, including identity and audience data linkage offerings, and it makes money primarily through subscription-based services plus marketplace and other revenue.

The profit engine is subscription-led, meaning results are closely tied to how the company grows and retains Annual Recurring Revenue, including the portion influenced by Safe Haven, while Marketplace and Other Revenue is a smaller add-on.

Revenue by segment (latest quarter)
Subscription	$0.1B
Marketplace+Other	$0.1B

Business quality (Solid): The company’s revenue mix is dominated by Subscription Revenue, and the operational focus aligns with recurring metrics (Annual Recurring Revenue and Net New Annual Recurring Revenue), supported by strong reported gross margin (71.9%) and positive operating margin (18.6%).

Valuation: Trades at 17× trailing earnings · $2B market cap.

Bull case

Subscription-led model with measurable recurring metrics: Subscription Revenue is the largest reported segment (0.15B out of 0.2B revenue), and investors can track the core recurring health using Annual Recurring Revenue and Net New Annual Recurring Revenue.
Safe Haven shows up in the recurring KPI set: Safe Haven Influenced Annual Recurring Revenue is provided (0.12B), suggesting a meaningful portion of recurring performance is tied to that enterprise data enablement platform.

Bear case

Less diversification from Marketplace and Other Revenue: Marketplace And Other Revenue is smaller in the reported mix (0.05B), so any weakness in the subscription engine would be more impactful than changes in marketplace contribution.
Recurring growth may be uneven: Net New Annual Recurring Revenue is provided as a standalone operating metric (0.01B), implying investors should watch for potential slowdowns in recurring net adds.

Valuation — source: SEC EDGAR (first-party)
Price	$37.65
Market Cap	$2.29B
P/E Ratio	14.7
EV / EBITDA	17.5
Price / Book	2.34
Price / Sales	2.75
FCF Yield	2.5%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$812.94M
Net Margin	18.0%
Return on Equity	15.9%
Current Ratio	2.66
Revenue Growth (YoY)	9.8%
EPS Growth (YoY)	141.7%
FCF Growth (YoY)	-201.0%

Financial Health — source: SEC EDGAR
Altman Z-Score	6.99 (safe)

Valuation vs Sector & Industry
Stock P/E	14.7
Sector P/E (Technology)	33.9
Industry P/E (Business Services)	30.0
vs Sector	-56.7%
vs Industry	-50.9%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	BlackRock, Inc. ($271.91M)
Institutional Holders Tracked	10
Congressional Trades (recent)	1

Company
Sector	Technology
Industry	Business Services
CEO	Scott E. Howe
Employees	1,400
Country	US
IPO Date	1983-12-14

Related Companies (Business model: SaaS / Subscription Software (Enterprise); 8 closest by market cap; US-domiciled)

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.