Rackspace Technology, Inc. (RXT) Key Metrics

NASDAQ: RXTValuation, returns, debt and efficiency ratios over 9 years.

RXT valuation today

Trailing 12 months · as of October 18, 2026
Market cap
$720.0M
Enterprise value
$4.20B
P/E (TTM)
—
Forward P/E
13.1
PEG ratio
4.93
Price / sales
0.3
10-yr median 0.2
Price / book
0.8
10-yr median 2.1
EV / EBITDA
13.5
10-yr median 14.5
Dividend yield
—
Beta
3.10

RXT key metrics, 2017–2025

Fiscal year ended December 31, 2025 · U.S. dollars

RXT valuation Price multiples at each fiscal year-end price.

Price / sales−52.5%
0.1
2025 · hover or tap a bar for each year
2020: 1.32021: 0.9 (−26.4%)2022: 0.2 (−78.6%)2023: 0.1 (−27.0%)2024: 0.2 (+24.6%)2025: 0.1 (−52.5%)
20172025
EV / EBITDA
11.8
2025 · hover or tap a bar for each year
2020: 15.32021: 14.5 (−4.7%)2025: 11.8
20172025
Price / free cash flow
2.6
2025 · hover or tap a bar for each year
2021: 10.72022: 3.5 (−67.4%)2023: 1.5 (−55.5%)2025: 2.6
20172025
Free cash flow yield+53.4 pts
39.1%
2025 · hover or tap a bar for each year
2020: 0.0%2021: 9.4% (+9.4 pts)2022: 28.7% (+19.3 pts)2023: 64.6% (+35.8 pts)2024: −14.3% (−78.9 pts)2025: 39.1% (+53.4 pts)
20172025

RXT valuation history

Fiscal year-endToday9-year median

RXT returns on capital

ROEROICROA

Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.

RXT debt vs cash

Total debtCash & short-term investments

Debt includes short- and long-term borrowings and, where reported, lease liabilities.

RXT cash returned to shareholders

DividendsBuybacksFree cash flow

RXT price vs earnings per share

Share price at year-endEPS (right axis)

RXT key metrics

2017–2025
Rackspace Technology, Inc. key metrics by fiscal year
202520242023202220212020201920182017
Valuation
Market capitalization$231.8M$496.8M$430.6M$623.0M$2.80B$3.42B———
Enterprise value$3.41B$3.63B$3.61B$4.25B$6.50B$7.31B———
Price / sales0.10.20.10.20.91.3———
Price / book———1.02.12.5———
Price / free cash flow2.6—1.53.510.7————
Price / operating cash flow1.512.51.12.47.629.3———
EV / sales1.31.31.21.42.22.7———
EV / EBITDA11.8———14.515.3———
EV / free cash flow37.6—13.023.724.8————
Earnings yield−97.4%−172.7%−194.6%−129.2%−7.8%−7.2%———
Free cash flow yield39.1%−14.3%64.6%28.7%9.4%0.0%———
Dividend yield——0.2%0.6%—26.6%———
Shareholder yield (dividends + buybacks)0.5%0.9%0.5%5.6%0.1%26.7%———
Share price at fiscal year-end$0.97$2.21$2.00$2.95$13.47$19.06———
Per share
Revenue per share$11.25$12.18$13.73$14.78$14.47$15.07———
Earnings per share−$0.95−$3.82−$3.89−$3.81−$1.05−$1.37———
Operating cash flow per share$0.63$0.18$1.74$1.23$1.78$0.65———
Free cash flow per share$0.38−$0.32$1.29$0.85$1.26$0.00———
Cash per share$0.44$0.64$0.91$1.08$1.31$0.58———
Book value per share−$5.11−$4.47−$0.72$2.98$6.38$7.70———
Tangible book value per share−$11.13−$11.50−$12.20−$13.08−$13.68−$16.84———
Dividends per share——$0.00$0.02—$5.08———
Capex per share$0.25$0.49$0.45$0.38$0.52$0.65———
Debt per share$13.76$14.60$15.70$18.24$19.07$22.22———
Shares outstanding238.7M224.8M215.3M211.2M208.0M179.6M———
Change in shares outstanding+6.2%+4.4%+1.9%+1.5%+15.8%————
Returns & profitability
Return on equity (ROE)———−82.3%−16.1%−21.5%−11.3%−51.8%—
Return on invested capital (ROIC)−2.6%−27.8%−19.5%−11.6%−0.0%0.4%1.6%1.1%—
Return on assets (ROA)−7.7%−24.0%−17.5%−13.7%−3.4%−3.9%−1.7%−7.7%—
Return on tangible assets−16.6%−58.2%−51.6%−39.0%−10.1%−12.5%−6.0%−27.6%—
Free cash flow margin3.4%−2.6%9.4%5.7%8.7%0.0%3.9%5.5%4.8%
Financial health
Total debt$3.28B$3.28B$3.38B$3.85B$3.97B$3.99B$4.32B$4.30B—
Cash & short-term investments$105.8M$144.0M$196.8M$228.4M$272.8M$104.7M$83.8M$254.3M—
Net debt$3.18B$3.14B$3.18B$3.62B$3.69B$3.89B$4.24B$4.04B—
Debt / equity———6.122.992.884.814.74—
Debt / assets1.171.070.830.710.630.630.690.70—
Net debt / EBITDA11.02———8.278.115.4710.28—
Current ratio0.680.810.921.251.181.020.811.09—
Quick ratio0.680.810.981.141.050.860.700.99—
Interest coverage-0.5-9.3-4.1-3.3-0.00.10.30.3-0.5
Working capital−$248.9M−$147.8M−$61.4M$216.7M$152.1M$16.3M−$128.2M$48.8M—
Invested capital$1.96B$2.13B$3.03B$4.25B$5.02B$5.27B$5.13B$4.95B—
Tangible asset value−$2.66B−$2.58B−$2.63B−$2.76B−$2.85B−$3.02B−$3.66B−$3.50B—
Net current asset value−$3.50B−$3.44B−$3.51B−$3.75B−$4.01B−$4.24B−$4.83B−$4.59B—
Graham net-net per share−$15.56−$16.42−$17.75−$19.33−$20.47−$24.86———
Capital allocation
Dividends paid——$1.0M$3.7M—$912.0M———
Share buybacks (net)$1.2M$4.3M$1.0M$31.0M$2.1M$2.1M$3.3M$0$0
Dividends + buybacks / free cash flow1.3%—0.7%19.4%0.8%—3.5%0.0%0.0%
Capex / revenue2.3%4.1%3.3%2.6%3.6%4.3%8.1%12.0%8.8%
Capex / operating cash flow40.2%278.4%25.8%31.0%29.2%99.8%67.6%68.5%65.0%
Capex / depreciation0.170.310.220.180.220.220.350.480.25
Stock-based compensation / revenue1.7%2.3%2.2%2.2%2.5%2.8%1.2%0.8%0.5%
R&D / revenue1.5%—1.5%0.8%0.9%1.4%2.3%3.0%4.3%
SG&A / revenue22.6%22.7%22.3%27.4%30.1%33.9%35.8%37.0%38.4%
Efficiency
Days sales outstanding38.442.659.468.862.956.245.738.8—
Days of inventory on hand——4.016.720.621.216.813.9—
Days payables outstanding63.068.169.665.857.757.863.259.0—
Cash conversion cycle (days)-24.6-25.5-6.219.725.819.5-0.7-6.3—
Receivables turnover9.508.576.155.315.806.507.989.42—
Payables turnover5.795.365.255.556.336.315.786.19—
Inventory turnover———21.8617.7317.2321.7526.29—
Asset turnover0.920.770.620.530.470.430.390.40—
Average receivables$282.6M$319.2M$480.9M$588.2M$518.6M$416.6M$305.4M$260.5M—
Average payables$401.8M$411.1M$440.0M$408.4M$327.4M$272.9M$246.9M$233.5M—
Average inventory——$25.2M$103.7M$116.9M$100.0M$65.6M$55.0M—
Intangibles / total assets51.4%51.7%60.3%62.1%65.9%69.1%72.8%72.1%—

Computed from RXT's annual financial statements (latest annual report filed March 6, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.

RXT valuation and financial ratios

Rackspace Technology earned a return on invested capital of −2.6% in fiscal 2025. It ended the year with $3.3 billion of debt and $105.8 million in cash and short-term investments, net debt of $3.2 billion. It returned $1.2 million to shareholders: $0 in dividends and $1.2 million in share buybacks, 1% of free cash flow.

See the RXT income statement, the RXT chart for price history, or the RXT stock overview for the latest quote and news.

RXT key metrics FAQ

What is Rackspace Technology's EV/EBITDA?

Rackspace Technology's enterprise value was 11.8 times EBITDA at the end of fiscal 2025 (enterprise value $3.4 billion, EBITDA $288.3 million); the current EV/EBITDA is 13.5.

What is Rackspace Technology's ROIC?

Rackspace Technology's return on invested capital was −2.6% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.

How much debt does Rackspace Technology have?

Rackspace Technology had total debt of $3.3 billion at the end of fiscal 2025 and $3.2 billion of net debt (11.02 times EBITDA).

Does Rackspace Technology buy back its shares?

Yes. Rackspace Technology spent $1.2 million on net share repurchases in fiscal 2025 Shares outstanding changed +6.2% over the year, to 238.7M..

What is Rackspace Technology's free cash flow yield?

Rackspace Technology generated $90.6 million of free cash flow in fiscal 2025, a free cash flow yield of 39.1% on its market value at year-end ($231.8 million).

What is Rackspace Technology's current ratio?

Rackspace Technology's current ratio was 0.68 at the end of fiscal 2025: current assets were 0.68 times current liabilities.

Software - Infrastructure key metrics