Rackspace Technology Inc
NASDAQ:RXT
ROA
Return on Assets
ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.
ROA Across Competitors
| Country | Company | Market Cap | ROA | ||
|---|---|---|---|---|---|
| US |
|
Rackspace Technology Inc
NASDAQ:RXT
|
270.2m USD |
-9%
|
|
| CA |
|
Shopify Inc
NYSE:SHOP
|
138.5B USD |
13%
|
|
| US |
|
Snowflake Inc.
NYSE:SNOW
|
68.9B USD |
-18%
|
|
| US |
|
Cloudflare Inc
NYSE:NET
|
56.1B USD |
-3%
|
|
| US |
|
GoDaddy Inc
NYSE:GDDY
|
25.8B USD |
10%
|
|
| US |
|
Verisign Inc
NASDAQ:VRSN
|
25.4B USD |
50%
|
|
| ID |
|
DCI Indonesia Tbk PT
IDX:DCII
|
359.9T IDR |
24%
|
|
| US |
|
Okta Inc
NASDAQ:OKTA
|
21.8B USD |
0%
|
|
| US |
|
Twilio Inc
NYSE:TWLO
|
17.9B USD |
0%
|
|
| US |
|
MongoDB Inc
NASDAQ:MDB
|
15.2B USD |
-4%
|
|
| US |
|
Akamai Technologies Inc
NASDAQ:AKAM
|
11.4B USD |
5%
|
Rackspace Technology Inc
Glance View
Rackspace Technology, Inc. engages in the provision of end-to-end multi-cloud technology services. The company is headquartered in San Antonio, Texas and currently employs 6,600 full-time employees. The company went IPO on 2020-08-05. The firm designs, builds and operates cloud environments across technology platforms. The firm operates through three segments: Multicloud Services, Apps & Cross Platform, and OpenStack Public Cloud. Its Multicloud Services segment includes its multicloud services offerings, as well as professional services related to designing and building multicloud solutions and cloud-native applications. Its Apps & Cross Platform segment includes managed applications, managed security and data services, as well as professional services related to designing and implementing application, security and data services. Its OpenStack Public Cloud segment enables to run applications on a public cloud that is built on open-source technology. The company also enables public cloud and managed hosting platforms to work, through technologies such as RackConnect tool.
See Also
ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.
Based on Rackspace Technology Inc's most recent financial statements, the company has ROA of -9%.
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