An electronic device, which performs ranging by using ultra wide band (UWB) communication, and an operating method of the electronic device, is provided. The operating method includes a first electronic device performing operations including transmitting a ranging control message including block striding information to a second electronic device, determining whether to perform hopping based on a result of transmitting the ranging control message, determining a hopping round value based on a result of determining whether to perform the hopping and the block striding information, and performing ranging with the second electronic device based on the block striding information and the hopping round value.