Rackspace Technology Inc
NASDAQ:RXT
ROIC
Return on Invested Capital
ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.
ROIC Across Competitors
ROIC Comparison
Rackspace Technology Inc Competitors
Country | US |
Market Cap | 380.5m USD |
ROIC |
-3%
|
Country | CA |
Market Cap | 91.8B USD |
ROIC |
-1%
|
Country | US |
Market Cap | 52.8B USD |
ROIC |
-28%
|
Country | US |
Market Cap | 29.7B USD |
ROIC |
-20%
|
Country | US |
Market Cap | 27.9B USD |
ROIC |
-32%
|
Country | US |
Market Cap | 17.8B USD |
ROIC |
128%
|
Country | US |
Market Cap | 17.8B USD |
ROIC |
33%
|
Country | US |
Market Cap | 15.4B USD |
ROIC |
-7%
|
Country | US |
Market Cap | 15.4B USD |
ROIC |
8%
|
Country | US |
Market Cap | 11.1B USD |
ROIC |
-5%
|
Country | US |
Market Cap | 8.4B USD |
ROIC |
3%
|
Profitability Report
View the profitability report to see the full profitability analysis for Rackspace Technology Inc.
See Also
ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.
Based on Rackspace Technology Inc's most recent financial statements, the company has ROIC of -3.3%.