First Time Loading...

Rackspace Technology Inc
NASDAQ:RXT

Watchlist Manager
Rackspace Technology Inc Logo
Rackspace Technology Inc
NASDAQ:RXT
Watchlist
Price: 1.58 USD 6.76%
Updated: Mar 28, 2024

ROE
Return on Equity

-352.8%
Current
-105%
Average
3.5%
Industry
Negative for the last year
-352.8%
Negative average
-105%
Worse than average
Worse than industry value

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
-352.8%
=
Net Income
-837.8m
/
Equity
237.5m

ROE Across Competitors

ROE Comparison
Rackspace Technology Inc Competitors

Country Company Market Cap ROE
US
Rackspace Technology Inc
NASDAQ:RXT
343.5m USD
-353%
CA
Shopify Inc
NYSE:SHOP
101.2B USD
2%
US
Snowflake Inc.
NYSE:SNOW
52.7B USD
-16%
US
Cloudflare Inc
NYSE:NET
32.6B USD
-27%
US
MongoDB Inc
NASDAQ:MDB
26.1B USD
-20%
US
Verisign Inc
NASDAQ:VRSN
19.2B USD
-52%
US
Okta Inc
NASDAQ:OKTA
17.5B USD
-6%
US
GoDaddy Inc
NYSE:GDDY
17.4B USD
-1 108%
US
Akamai Technologies Inc
NASDAQ:AKAM
16.6B USD
12%
US
Twilio Inc
NYSE:TWLO
11B USD
-10%
US
Switch Inc
NYSE:SWCH
8.4B USD
70%
Country US
Market Cap 343.5m USD
ROE
-353%
Country CA
Market Cap 101.2B USD
ROE
2%
Country US
Market Cap 52.7B USD
ROE
-16%
Country US
Market Cap 32.6B USD
ROE
-27%
Country US
Market Cap 26.1B USD
ROE
-20%
Country US
Market Cap 19.2B USD
ROE
-52%
Country US
Market Cap 17.5B USD
ROE
-6%
Country US
Market Cap 17.4B USD
ROE
-1 108%
Country US
Market Cap 16.6B USD
ROE
12%
Country US
Market Cap 11B USD
ROE
-10%
Country US
Market Cap 8.4B USD
ROE
70%

ROE Distribution

ROE Distribution
Technology Industry

Profitability Report

View the profitability report to see the full profitability analysis for Rackspace Technology Inc.

See Also

Discover More
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
-352.8%
=
Net Income
-837.8m
/
Equity
237.5m
What is the ROE of Rackspace Technology Inc?

Based on Rackspace Technology Inc's most recent financial statements, the company has ROE of -352.8%.