Rackspace Gross Profit from 2010 to 2025

RXT Stock  USD 2.63  0.25  10.50%   
Rackspace Technology Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit is likely to outpace its year average in 2025. Gross Profit is the profit Rackspace Technology makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2019-03-31
Previous Quarter
131.4 M
Current Value
137.5 M
Quarterly Volatility
51 M
 
Covid
Check Rackspace Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rackspace Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 439.8 M, Interest Expense of 198.6 M or Selling General Administrative of 686.5 M, as well as many indicators such as Price To Sales Ratio of 0.16, Dividend Yield of 0.0 or Days Sales Outstanding of 45.43. Rackspace financial statements analysis is a perfect complement when working with Rackspace Technology Valuation or Volatility modules.
  
Check out the analysis of Rackspace Technology Correlation against competitors.
For more information on how to buy Rackspace Stock please use our How to Invest in Rackspace Technology guide.

Latest Rackspace Technology's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Rackspace Technology over the last few years. Gross profit is a required income statement account that reflects total revenue of Rackspace Technology minus its cost of goods sold. It is profit before Rackspace Technology operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Rackspace Technology's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Rackspace Technology's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 570 M10 Years Trend
Pretty Stable
   Gross Profit   
       Timeline  

Rackspace Gross Profit Regression Statistics

Arithmetic Mean816,636,250
Geometric Mean808,209,052
Coefficient Of Variation14.73
Mean Deviation89,152,344
Median790,600,000
Standard Deviation120,291,817
Sample Variance14470.1T
Range427.5M
R-Value(0.11)
Mean Square Error15303.3T
R-Squared0.01
Significance0.68
Slope(2,872,324)
Total Sum of Squares217051.8T

Rackspace Gross Profit History

2025712.6 M
2024583.7 M
2023648.6 M
2022856.9 M
2021936.8 M
2020984.4 M
2019B

Other Fundumenentals of Rackspace Technology

Rackspace Technology Gross Profit component correlations

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0.95-0.25-0.370.860.86-0.670.73-0.140.940.870.90.7-0.27-0.610.5-0.30.75-0.610.9-0.78-0.8-0.86
-0.44-0.250.78-0.57-0.690.79-0.70.79-0.41-0.51-0.57-0.510.840.80.310.78-0.760.8-0.390.670.480.62
-0.55-0.370.78-0.74-0.750.87-0.870.86-0.45-0.7-0.67-0.710.860.91-0.020.95-0.860.91-0.40.670.750.64
0.940.86-0.57-0.740.95-0.880.96-0.490.90.990.960.74-0.62-0.90.31-0.670.93-0.90.84-0.87-0.95-0.9
0.930.86-0.69-0.750.95-0.930.95-0.580.880.940.970.79-0.66-0.90.27-0.710.97-0.90.83-0.92-0.88-0.96
-0.82-0.670.790.87-0.88-0.93-0.920.74-0.77-0.84-0.9-0.830.820.97-0.070.81-0.980.97-0.750.940.890.92
0.850.73-0.7-0.870.960.95-0.92-0.670.780.950.920.7-0.71-0.960.3-0.850.97-0.960.69-0.86-0.9-0.86
-0.27-0.140.790.86-0.49-0.580.74-0.67-0.18-0.46-0.42-0.530.930.760.260.88-0.690.76-0.260.540.520.52
0.990.94-0.41-0.450.90.88-0.770.78-0.180.890.950.69-0.36-0.720.35-0.360.81-0.720.93-0.89-0.85-0.91
0.940.87-0.51-0.70.990.94-0.840.95-0.460.890.950.69-0.56-0.870.38-0.650.91-0.870.83-0.85-0.94-0.88
0.980.9-0.57-0.670.960.97-0.90.92-0.420.950.950.76-0.52-0.870.39-0.620.94-0.870.85-0.94-0.91-0.95
0.720.7-0.51-0.710.740.79-0.830.7-0.530.690.690.76-0.65-0.720.09-0.530.8-0.720.73-0.74-0.79-0.78
-0.41-0.270.840.86-0.62-0.660.82-0.710.93-0.36-0.56-0.52-0.650.820.410.78-0.750.82-0.490.650.640.63
-0.79-0.610.80.91-0.9-0.90.97-0.960.76-0.72-0.87-0.87-0.720.82-0.090.88-0.971.0-0.680.90.890.87
0.430.50.31-0.020.310.27-0.070.30.260.350.380.390.090.41-0.09-0.120.2-0.090.1-0.15-0.28-0.19
-0.48-0.30.780.95-0.67-0.710.81-0.850.88-0.36-0.65-0.62-0.530.780.88-0.12-0.820.88-0.280.640.660.59
0.870.75-0.76-0.860.930.97-0.980.97-0.690.810.910.940.8-0.75-0.970.2-0.82-0.970.75-0.93-0.9-0.93
-0.79-0.610.80.91-0.9-0.90.97-0.960.76-0.72-0.87-0.87-0.720.821.0-0.090.88-0.97-0.680.90.890.87
0.90.9-0.39-0.40.840.83-0.750.69-0.260.930.830.850.73-0.49-0.680.1-0.280.75-0.68-0.85-0.83-0.91
-0.9-0.780.670.67-0.87-0.920.94-0.860.54-0.89-0.85-0.94-0.740.650.9-0.150.64-0.930.9-0.850.880.98
-0.9-0.80.480.75-0.95-0.880.89-0.90.52-0.85-0.94-0.91-0.790.640.89-0.280.66-0.90.89-0.830.880.88
-0.93-0.860.620.64-0.9-0.960.92-0.860.52-0.91-0.88-0.95-0.780.630.87-0.190.59-0.930.87-0.910.980.88
Click cells to compare fundamentals

About Rackspace Technology Financial Statements

Rackspace Technology shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Rackspace Technology investors may analyze each financial statement separately, they are all interrelated. The changes in Rackspace Technology's assets and liabilities, for example, are also reflected in the revenues and expenses on on Rackspace Technology's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Gross Profit583.7 M712.6 M
Gross Profit Margin 0.25  0.37 

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Additional Tools for Rackspace Stock Analysis

When running Rackspace Technology's price analysis, check to measure Rackspace Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rackspace Technology is operating at the current time. Most of Rackspace Technology's value examination focuses on studying past and present price action to predict the probability of Rackspace Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rackspace Technology's price. Additionally, you may evaluate how the addition of Rackspace Technology to your portfolios can decrease your overall portfolio volatility.