Rackspace Technology (RXT) Goodwill impairment charges (2021 - 2024)
Rackspace Technology (RXT) reported Goodwill impairment charges of $714.9 million for FY2024, up 0.9% from $708.8 million in FY2023.
Analysis
Rackspace Technology (RXT) Goodwill impairment charges (2021 - 2024) Analysis & Trends
Dating back to FY2018, Rackspace Technology's Goodwill impairment charges record includes 5 years.
- Goodwill impairment charges 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 Goodwill impairment charges in data going back to FY2018.
- According to Business Quant data, Goodwill impairment charges 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 | 43.52 Bn | 43.57 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 25.96 Bn | 19.13 Bn | 1.83 Bn |
| 3 | Td Synnex | 20.53 Bn | 14.56 Bn | 1.34 Bn |
| 4 | Cdw | 16.06 Bn | 14.05 Bn | 1.32 Bn |
| 5 | Cgi | 15.14 Bn | 12.92 Bn | - |
| 6 | Arrow Electronics | 11.55 Bn | 10.58 Bn | 1.13 Bn |
| 7 | Avnet | 8.20 Bn | 7.38 Bn | 865.03 Mn |
| 8 | Ingram Micro Holding | 6.32 Bn | 1.92 Bn | 958.68 Mn |
| 9 | EPAM Systems | 5.59 Bn | 1.23 Bn | 429.57 Mn |
| 10 | Rackspace Technology | 936.32 Mn | 526.82 Mn | 114.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 Goodwill impairment charges 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=goodwill-impairment-charges&ticker=RXT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill-impairment-charges", "ticker": "RXT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=goodwill-impairment-charges&ticker=RXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();