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Red Hat, Inc.

Red Hat, Inc. develops enterprise open-source solutions that include Linux, cloud, containers, and Kubernetes. It offers products such as Red Hat Enterprise Linux, a flexible, stable operating system to support hybrid cloud innovation; Red Hat OpenShift, a container platform to build, modernize, and deploy applications at scale; and Red Hat Ansible Automation Platform, a foundation for implementing enterprise-wide automation. The company also provides hybrid cloud infrastructure, cloud-native development, customer portals, troubleshooting, product documentation, support cases, subscription model solutions, subscription management, contact customer services, consulting, open innovation labs, technical account management, training, and digital transformation solutions. It caters to the financial, public, healthcare, telecommunications, and mid-sized sectors. The company was formerly known as Red Hat Software, Inc. and changed its name to Red Hat, Inc. in September 1998. Red Hat, Inc. was founded in 1993 and is based in Raleigh, North Carolina with worldwide office locations. As of July 9, 2019, Red Hat, Inc. operates as a subsidiary of International Business Machines Corporation.

Market Cap

$33.4B

Volume

2.1M

Cash and Equivalents

$2.3B

EBITDA

$694.7M

Tax Rate Collected

N/A

Tax Rate Ratio

N/A

Gross Profit

$3.0B

Profit Margin

85.07%

52 Week High

$189.14

52 Week Low

$115.31

Dividend

N/A

Price / Book Value

19.02

Price / Earnings

75.05

Price / Tangible Book Value

117.07

Enterprise Value

N/A

Enterprise Value / EBITDA

N/A

Operating Income

$576.0M

Return on Equity

28.96%

Return on Assets

6.69

Cash and Short Term Investments

$2.5B

Debt

$423.9M

Equity

$1.8B

Revenue

$3.5B

Unlevered FCF

$947.0M

Sector

Software

Category

N/A

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