Rackspace Technology Inc (NASDAQ:RXT) — Market Cap & Net Worth
Market Cap & Net Worth: Rackspace Technology Inc (RXT)
Rackspace Technology Inc (NASDAQ:RXT) has a market capitalization of $239.95 Million ($239.95 Million) as of May 4, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #15853 globally and #3585 in its home market, demonstrating a 4.12% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Rackspace Technology Inc's stock price $1.77 by its total outstanding shares 246914399 (246.91 Million). Analyse Rackspace Technology Inc (RXT) cash conversion ratio to see how efficiently the company converts income to cash.
Rackspace Technology Inc Market Cap History: 2020 to 2026
Rackspace Technology Inc's market capitalization history from 2020 to 2026. Data shows change from $4.71 Billion to $437.04 Million (-32.14% CAGR).
Index Memberships
Rackspace Technology Inc is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NASDAQ Composite
IXIC
|
$38.77 Trillion | 0.00% | #1535 of 3165 |
Weight: Rackspace Technology Inc's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Rackspace Technology Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Rackspace Technology Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.09x
Rackspace Technology Inc's market cap is 0.09 times its annual revenue
Latest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2020 | $4.71 Billion | $2.71 Billion | -$245.80 Million | 1.74x | N/A |
| 2021 | $3.33 Billion | $3.01 Billion | -$218.30 Million | 1.11x | N/A |
| 2022 | $728.40 Million | $3.12 Billion | -$804.80 Million | 0.23x | N/A |
| 2023 | $493.83 Million | $2.96 Billion | -$837.80 Million | 0.17x | N/A |
| 2024 | $545.68 Million | $2.74 Billion | -$858.20 Million | 0.20x | N/A |
| 2025 | $239.73 Million | $2.69 Billion | -$225.80 Million | 0.09x | N/A |
Competitor Companies of RXT by Market Capitalization
Companies near Rackspace Technology Inc in the global market cap rankings as of May 4, 2026.
Key companies related to Rackspace Technology Inc by market ranking:
- Microsoft Corporation (NASDAQ:MSFT): Ranked #3 globally with a market cap of $2.78 Trillion USD.
- Oracle Corporation (NYSE:ORCL): Ranked #32 globally with a market cap of $429.39 Billion USD.
- Palantir Technologies Inc. (NASDAQ:PLTR): Ranked #42 globally with a market cap of $330.13 Billion USD.
- Palantir Technologies Inc. Class A Common Stock (NYSE:PLTR): Ranked #43 globally with a market cap of $324.25 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #3 | Microsoft Corporation | NASDAQ:MSFT | $2.78 Trillion | $414.44 |
| #32 | Oracle Corporation | NYSE:ORCL | $429.39 Billion | $171.83 |
| #42 | Palantir Technologies Inc. | NASDAQ:PLTR | $330.13 Billion | $144.07 |
| #43 | Palantir Technologies Inc. Class A Common Stock | NYSE:PLTR | $324.25 Billion | $178.15 |
Rackspace Technology Inc Historical Marketcap From 2020 to 2026
Between 2020 and today, Rackspace Technology Inc's market cap moved from $4.71 Billion to $ 437.04 Million, with a yearly change of -32.14%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $437.04 Million | +82.31% |
| 2025 | $239.73 Million | -56.07% |
| 2024 | $545.68 Million | +10.50% |
| 2023 | $493.83 Million | -32.20% |
| 2022 | $728.40 Million | -78.10% |
| 2021 | $3.33 Billion | -29.33% |
| 2020 | $4.71 Billion | -- |
End of Day Market Cap According to Different Sources
On May 3rd, 2026 the market cap of Rackspace Technology Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $239.95 Million USD |
| MoneyControl | $239.95 Million USD |
| MarketWatch | $239.95 Million USD |
| marketcap.company | $239.95 Million USD |
| Reuters | $239.95 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Rackspace Technology Inc
Rackspace Technology, Inc. operates as a hybrid cloud and artificial intelligence solutions company in the United States, the United Kingdom, and internationally. It operates through two segments, Public Cloud and Private Cloud. The company offers programmatic infrastructure, including hardware and services for datacenter compute, network, storage, and data protection; cloud operating systems; pl… Read more