Rackspace Technology Inc (RXT)
2.82
-0.21
(-6.93%)
USD |
NASDAQ |
Nov 14, 12:44
Rackspace Technology Gross Profit Margin (Quarterly): 19.19% for June 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2024 | 19.19% |
| March 31, 2024 | 19.22% |
| 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% |
| Date | Value |
|---|---|
| September 30, 2021 | 30.39% |
| 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
19.19%
Minimum
Jun 2024
40.57%
Maximum
Dec 2019
28.64%
Average
29.14%
Median
Mar 2022
Gross Profit Margin (Quarterly) Benchmarks
| Cognizant Technology Solutions Corp | 34.36% |
| ExlService Holdings Inc | 37.76% |
| Castellum Inc | 40.56% |
| BM Technologies Inc | 63.89% |
| Marti Technologies Inc | -- |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Assets | -20.41% |
| Return on Invested Capital | -30.99% |
| Profit Margin (Quarterly) | 3.65% |
| Operating Margin (Quarterly) | -7.86% |
| Return on Net Operating Assets | -23.31% |