Rackspace Technology RXT
NASDAQ RXT
$4.12 +0.26 (+6.74%)
At close: Oct 2, 2026 · 4:00 PM EDT

Rackspace Technology (RXT) Asset Writedowns and Impairment (2021 - 2024)

Updated

Rackspace Technology (RXT) reported Asset Writedowns and Impairment of $714.9 million for FY2024, up 0.9% from $708.8 million in FY2023.

Analysis

Rackspace Technology (RXT) Asset Writedowns and Impairment (2021 - 2024) Analysis & Trends

Dating back to FY2018, Rackspace Technology's Asset Writedowns and Impairment record includes 5 years.

  • Asset Writedowns and Impairment has increased for three consecutive years, with a three-year compound annual growth rate of 138.9% (FY2021 to FY2024).
  • The FY2024 figure ranks as the highest annual Asset Writedowns and Impairment in data going back to FY2018.
  • According to Business Quant data, Asset Writedowns and Impairment came in at $708.8 million in FY2023 (+32.6%), $534.5 million in FY2022 (+920.0%) and $52.4 million in FY2021.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Infosys 44.69 Bn 44.75 Bn 1.60 Bn
2 Cognizant Technology Solutions 26.45 Bn 19.61 Bn 1.83 Bn
3 Td Synnex 22.21 Bn 16.36 Bn 1.43 Bn
4 Cdw 16.70 Bn 14.69 Bn 1.32 Bn
5 Cgi 15.63 Bn 13.41 Bn -
6 Arrow Electronics 12.33 Bn 11.35 Bn 1.13 Bn
7 Avnet 8.78 Bn 7.96 Bn 865.03 Mn
8 Ingram Micro Holding 6.70 Bn 2.31 Bn 958.68 Mn
9 EPAM Systems 5.58 Bn 1.22 Bn 429.57 Mn
10 Rackspace Technology 1.04 Bn 627.50 Mn 114.80 Mn
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2024 141.70 Mn
Mar 31, 2024 573.20 Mn
Sep 30, 2023 165.70 Mn
Mar 31, 2023 543.10 Mn
Dec 31, 2022 129.30 Mn
Sep 30, 2022 405.20 Mn
Dec 31, 2021 52.40 Mn
API Access

Rackspace Technology Asset Writedowns and Impairment API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=RXT&period=max&api_key=YOUR_API_KEY