Rackspace (RXT) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
2.7B
Gross Profit
533.4M
19.49%
Operating Income
-174.2M
-6.36%
Net Income
-858.2M
-31.35%
EPS (Diluted)
-$3.82
Balance Sheet Metrics
Total Assets
3.1B
Total Liabilities
4.1B
Shareholders Equity
-1.0B
Cash Flow Metrics
Operating Cash Flow
-577.7M
Free Cash Flow
-71.2M
Revenue & Profitability Trend
Rackspace Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 2.7B | 3.0B | 3.1B | 3.0B | 2.7B |
| Cost of Goods Sold | 2.2B | 2.3B | 2.3B | 2.1B | 1.7B |
| Gross Profit | 533.4M | 628.8M | 856.9M | 936.8M | 984.4M |
| Operating Expenses | 707.6M | 767.2M | 855.3M | 906.8M | 959.7M |
| Operating Income | -174.2M | -138.4M | 1.6M | 30.0M | 24.7M |
| Pre-tax Income | -881.5M | -854.4M | -897.7M | -249.1M | -312.0M |
| Income Tax | -23.3M | -16.6M | -92.9M | -30.8M | -66.2M |
| Net Income | -858.2M | -837.8M | -804.8M | -218.3M | -245.8M |
| EPS (Diluted) | -$3.82 | -$3.89 | -$3.81 | -$1.05 | -$1.37 |
Income Statement Trend
Rackspace Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 618.8M | 738.1M | 1.1B | 989.5M | 758.5M |
| Non-Current Assets | 2.4B | 3.4B | 4.4B | 5.3B | 5.6B |
| Total Assets | 3.1B | 4.1B | 5.5B | 6.3B | 6.4B |
| Liabilities | |||||
| Current Liabilities | 766.6M | 799.5M | 856.5M | 837.4M | 742.2M |
| Non-Current Liabilities | 3.3B | 3.5B | 4.0B | 4.2B | 4.3B |
| Total Liabilities | 4.1B | 4.3B | 4.8B | 5.0B | 5.0B |
| Equity | |||||
| Total Shareholders Equity | -1.0B | -154.5M | 629.5M | 1.3B | 1.4B |
Balance Sheet Composition
Rackspace Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -858.2M | -837.8M | -804.8M | -218.3M | -245.8M |
| Operating Cash Flow | -577.7M | -433.9M | -461.1M | 311.0M | 81.5M |
| Investing Activities | |||||
| Capital Expenditures | -111.1M | -96.9M | -80.4M | -77.1M | -116.5M |
| Investing Cash Flow | -86.6M | -96.0M | -97.9M | -69.0M | -128.4M |
| Financing Activities | |||||
| Dividends Paid | - | - | - | - | - |
| Financing Cash Flow | -3.9M | -314.1M | -190.7M | -193.3M | -1.2M |
| Free Cash Flow | -71.2M | 278.0M | 166.3M | 262.4M | 200.0K |
Cash Flow Trend
Rackspace Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
-0.36
Forward P/E
-11.58
Price to Book
-0.30
Price to Sales
0.12
PEG Ratio
-11.58
Profitability Ratios
Profit Margin
-10.66%
Operating Margin
-3.58%
Return on Equity
85.46%
Return on Assets
-1.89%
Financial Health
Current Ratio
0.79
Debt to Equity
-3.12
Beta
2.04
Per Share Data
EPS (TTM)
-$1.22
Book Value per Share
-$4.52
Revenue per Share
$11.90
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| rxt | 330.0M | -0.36 | -0.30 | 85.46% | -10.66% | -3.12 |
| Microsoft | 3.6T | 36.91 | 11.04 | 33.61% | 35.79% | 32.63 |
| Oracle | 647.6B | 53.25 | 31.64 | 82.38% | 21.68% | 519.59 |
| Five | 1.9B | -158.00 | 2.91 | -0.90% | -0.48% | 185.81 |
| Evercommerce | 2.0B | -51.14 | 2.67 | -3.14% | -4.62% | 73.81 |
| CSG Systems | 1.8B | 21.44 | 6.14 | 30.24% | 6.95% | 204.04 |
Financial data is updated regularly. All figures are in the company's reporting currency.