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Rackspace Technology Inc
NASDAQ:RXT

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Rackspace Technology Inc Logo
Rackspace Technology Inc
NASDAQ:RXT
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Price: 1.75 USD 4.17% Market Closed
Updated: Apr 27, 2024

ROIC
Return on Invested Capital

-3.3%
Current
-1%
Average
2.5%
Industry

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
-3.3%
=
NOPAT
-135.7m
/
Invested Capital
3.8B

ROIC Across Competitors

ROIC Comparison
Rackspace Technology Inc Competitors

Country Company Market Cap ROIC
US
Rackspace Technology Inc
NASDAQ:RXT
380.5m USD
-3%
CA
Shopify Inc
NYSE:SHOP
91.8B USD
-1%
US
Snowflake Inc.
NYSE:SNOW
52.8B USD
-28%
US
Cloudflare Inc
NYSE:NET
29.7B USD
-20%
US
MongoDB Inc
NASDAQ:MDB
27.9B USD
-32%
US
Verisign Inc
NASDAQ:VRSN
17.8B USD
128%
US
GoDaddy Inc
NYSE:GDDY
17.8B USD
33%
US
Okta Inc
NASDAQ:OKTA
15.4B USD
-7%
US
Akamai Technologies Inc
NASDAQ:AKAM
15.4B USD
8%
US
Twilio Inc
NYSE:TWLO
11.1B USD
-5%
US
Switch Inc
NYSE:SWCH
8.4B USD
3%
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

Discover More
What is 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
-3.3%
=
NOPAT
-135.7m
/
Invested Capital
3.8B
What is the ROIC of Rackspace Technology Inc?

Based on Rackspace Technology Inc's most recent financial statements, the company has ROIC of -3.3%.