Rackspace Technology Inc (RXT)
1.825
+0.08
(+4.89%)
USD |
NASDAQ |
May 03, 16:00
1.83
0.00 (0.00%)
After-Hours: 20:00
Rackspace Technology Gross Profit Margin (Quarterly): 21.41% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
December 31, 2023 | 21.41% |
September 30, 2023 | 20.75% |
June 30, 2023 | 20.51% |
March 31, 2023 | 22.35% |
December 31, 2022 | 25.39% |
September 30, 2022 | 26.30% |
June 30, 2022 | 29.01% |
March 31, 2022 | 29.14% |
December 31, 2021 | 30.14% |
September 30, 2021 | 30.39% |
Date | Value |
---|---|
June 30, 2021 | 31.66% |
March 31, 2021 | 32.41% |
December 31, 2020 | 34.54% |
September 30, 2020 | 36.06% |
June 30, 2020 | 36.85% |
March 31, 2020 | 38.20% |
December 31, 2019 | 40.57% |
September 30, 2019 | 42.18% |
June 30, 2019 | 41.85% |
March 31, 2019 | 41.34% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
20.51%
Minimum
Jun 2023
42.18%
Maximum
Sep 2019
31.04%
Average
30.39%
Median
Sep 2021
Gross Profit Margin (Quarterly) Benchmarks
Synchronoss Technologies Inc | -101.1% |
Cognizant Technology Solutions Corp | 33.91% |
Castellum Inc | 41.37% |
BM Technologies Inc | 55.55% |
Marti Technologies Inc | -26.02% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | -1.20K% |
Return on Assets | -18.02% |
Return on Invested Capital | -26.05% |
Profit Margin (Quarterly) | 3.89% |
Operating Margin (Quarterly) | -1.58% |
Return on Net Operating Assets | -20.28% |