Rackspace Technology annual return on equity
2019
2020
2021
2022
2023
Rackspace Technology Return on Equity (ROE) Growth & History (RXT)
Rackspace Technology's return on equity was −352.76% for fiscal 2023.
View full Rackspace Technology company overviewRackspace Technology annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2023 | 2023-12-31 | −352.76% | −270.51 pp |
| 2022 | 2022-12-31 | −82.25% | −66.15 pp |
| 2021 | 2021-12-31 | −16.10% | +5.43 pp |
| 2020 | 2020-12-31 | −21.54% | −10.21 pp |
| 2019 | 2019-12-31 | −11.33% | — |
Rackspace Technology quarterly return on equity
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2023 | 2023-06-30 | −96.63% | −93.55 pp |
| Q1 2023 | 2023-03-31 | −187.18% | −184.30 pp |
| Q4 2022 | 2022-12-31 | −29.62% | −23.47 pp |
| Q3 2022 | 2022-09-30 | −48.41% | −45.88 pp |
| Q2 2022 | 2022-06-30 | −3.07% | −0.42 pp |
| Q1 2022 | 2022-03-31 | −2.88% | +1.76 pp |
| Q4 2021 | 2021-12-31 | −6.14% | −1.55 pp |
| Q3 2021 | 2021-09-30 | −2.53% | +6.84 pp |
| Q2 2021 | 2021-06-30 | −2.65% | +1.26 pp |
| Q1 2021 | 2021-03-31 | −4.64% | — |
| Q4 2020 | 2020-12-31 | −4.60% | — |
| Q3 2020 | 2020-09-30 | −9.37% | — |
| Q2 2020 | 2020-06-30 | −3.91% | — |
Rackspace Technology return on equity trends
Between the periods ended 2019-12-31 and 2023-12-31, Rackspace Technology's return on equity decreased from −11.33% to −352.76%, a change of −341.43 percentage points. The latest reported quarter, Q2 2023, shows −96.63%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Rackspace Technology source filings ↗Community posts
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