Rackspace Technology
RXT
$1.97
Share price
0.51%
Change (1 day)
64.17%
Change (1 year)
Categories
Operating Margin for Rackspace Technology (RXT)
Operating Margin as of May 2024 (TTM): -28.75%
According to Rackspace Technology's latest financial reports and stock price the company's current Operating Margin is -28.75%. At the end of 2021 the company had an Operating Margin of -8.28%.
Operating Margin history for Rackspace Technology from 2019 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -8.28% | -28.18% |
| 2020 | -11.53% | 129.76% |
| 2019 | -5.02% | -75.42% |
| 2018 | -20.41% | 21.33% |
| 2017 | -16.82% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Proofpoint PFPT | -11.98% | -58.34% | 🇺🇸 USA |
 PFSweb PFSW | 0.00% | N/A | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.