Rackspace Technology Inc
NASDAQ:RXT

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Rackspace Technology Inc
NASDAQ:RXT
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Price: 1.14 USD 2.7% Market Closed
Market Cap: 270.5m USD

ROE
Return on Equity

31.2%
Current
-39%
Average
4.7%
Industry

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
31.2%
=
Net Income
-290m
/
Equity
-930m

ROE Across Competitors

Rackspace Technology Inc
Glance View

Market Cap
270.2m USD
Industry
Technology

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.

RXT Intrinsic Value
10.1 USD
Undervaluation 89%
Intrinsic Value
Price
What is Return on Equity?

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
31.2%
=
Net Income
-290m
/
Equity
-930m
What is the ROE of Rackspace Technology Inc?

Based on Rackspace Technology Inc's most recent financial statements, the company has ROE of 31.2%.

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