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Return on equity at other companies

International Business Machines logo
International Business MachinesIBM
35.9%+14.1pp
Cognizant logo
CognizantCTSH
14.9%-1.7pp
Equinix, Inc. logo
Equinix, Inc.EQIX
10.1%+2.9pp
Accenture logo
AccentureACN
24.9%-2.3pp
Kyndryl Holdings logo
Kyndryl HoldingsKD
16.5%-6.0pp
Rigetti Computing, Inc. logo
Rigetti Computing, Inc.RGTI
-57.1%-14.2pp

Other financials

Income statement

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Revenue$678.1M+1.9%
Gross profit$119.1M-6.1%
Operating income-$17.8M+53.6%
Net income$8.3M+112%
EPS (diluted)$0.03+110%

Balance sheet

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Cash & equivalents$96.0M-26.8%
Total debt$3.2B-3.1%
Total equity-$1.2B-13.4%
Total assets$2.8B-6.8%

Cash flow

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Operating cash flow$5.1M-59.5%
CapEx$14.5M+74.7%
Free cash flow-$9.4M-319%

Valuation

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Market cap$1.81B-39.7%
Enterprise value$4.89B-6.3%
P/S0.7×-0.4×

Profitability

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Gross margin18.5%-1.0pp
Operating margin-3%-1.2pp
Net margin-5.4%-1.8pp
FCF margin2.8%

Returns & leverage

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Debt / equity117.7×+115×
Current ratio0.7×-0.1×

Where this comes from

Calculated from Rackspace Technology, Inc.’s reported figures.

Based on trailing twelve months.

The official record: Rackspace Technology, Inc.’s 10-Q, filed August 9, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Rackspace Technology, Inc.'s return on equity?
Rackspace Technology, Inc. (RXT) reported return on equity of -205.2% in Q2 2023.
How has Rackspace Technology, Inc.'s return on equity changed year-over-year?
Rackspace Technology, Inc.'s return on equity decreased by 1297.7% year-over-year, from -14.7% to -205.2%.
What is the long-term trend for Rackspace Technology, Inc.'s return on equity?
Over 2 years (2020 to 2022), Rackspace Technology, Inc.'s return on equity has grown at a 95.4% compound annual growth rate (CAGR), from -21.5% to -82.3%.
What does return on equity mean?
Trailing-twelve-month net income divided by average shareholders' equity (average of the start and end of the trailing-twelve-month window). Measures the profit generated on each dollar of shareholder capital.