Root Past Earnings Performance
Past criteria checks 0/6
Root has been growing earnings at an average annual rate of 1.2%, while the Insurance industry saw earnings growing at 7.8% annually. Revenues have been growing at an average rate of 7.5% per year.
Key information
1.2%
Earnings growth rate
47.4%
EPS growth rate
Insurance Industry Growth | 8.0% |
Revenue growth rate | 7.5% |
Return on equity | -53.1% |
Net Margin | -32.4% |
Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Small Cap Nuance With Courage & Conviction Investing
Mar 04Root, Inc. (NASDAQ:ROOT) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates
Feb 25Root, Inc. Q4 Earnings: Current Price Requires Exceptional Growth
Feb 23Investors Holding Back On Root, Inc. (NASDAQ:ROOT)
Jan 15Industry Analysts Just Made A Sizeable Upgrade To Their Root, Inc. (NASDAQ:ROOT) Revenue Forecasts
Aug 10Root Insurance: Spiral Of Death But There Is Hope
Aug 16Root Q2 2022 Earnings Preview
Aug 05Root partners with 2 national football league teams, 1 major league baseball team
Jul 12Root: Shares Up 53% Last Week And Still Trading Below Cash - But Avoid
Mar 21Root Seeks Major Cost Reductions To Stanch High Losses
Jan 25Root: 85% Down From IPO After Q3 Results, But Still Too Speculative
Nov 24As Earnings Approach, A Buy-Write In Root Could Produce 12% Return In Under A Month
Oct 28Root: Major Reversals In Growth And Loss Ratio In Q2 Results
Aug 12Root: An Insurtech Company Priced Like A Legacy Insurer
May 26Root Q1 2021 Earnings Preview
May 04Need To Know: Analysts Are Much More Bullish On Root, Inc. (NASDAQ:ROOT) Revenues
Mar 02Analysts Have Made A Financial Statement On Root, Inc.'s (NASDAQ:ROOT) Annual Report
Mar 01What Percentage Of Root, Inc. (NASDAQ:ROOT) Shares Do Insiders Own?
Jan 29Root: An Overpriced Insurance Company At Its Root
Jan 11Root EPS misses by $1.79, misses on revenue
Dec 01Wells Fargo initiates auto insure-tech Root at Overweight
Nov 23Root's IPO: Facing Challenges Revitalizing Insurance Sector
Nov 02Root: Interesting Innovative Insurance Business
Oct 30Revenue & Expenses BreakdownBeta
How Root makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
31 Dec 23 | 455 | -147 | 167 | 0 |
30 Sep 23 | 332 | -182 | 145 | 0 |
30 Jun 23 | 290 | -202 | 150 | 0 |
31 Mar 23 | 296 | -261 | 193 | 0 |
31 Dec 22 | 311 | -298 | 215 | 0 |
30 Sep 22 | 333 | -349 | 249 | 0 |
30 Jun 22 | 353 | -416 | 311 | 0 |
31 Mar 22 | 362 | -499 | 386 | 0 |
31 Dec 21 | 345 | -521 | 435 | 0 |
30 Sep 21 | 303 | -544 | 448 | 0 |
30 Jun 21 | 260 | -497 | 403 | 0 |
31 Mar 21 | 291 | -357 | 289 | 0 |
31 Dec 20 | 347 | -363 | 272 | 0 |
30 Sep 20 | 402 | -315 | 246 | 0 |
30 Jun 20 | 432 | -330 | 211 | 0 |
31 Mar 20 | 362 | -339 | 216 | 0 |
31 Dec 19 | 290 | -282 | 177 | 0 |
31 Dec 18 | 43 | -69 | 58 | 0 |
Quality Earnings: ROOT is currently unprofitable.
Growing Profit Margin: ROOT is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ROOT is unprofitable, but has reduced losses over the past 5 years at a rate of 1.2% per year.
Accelerating Growth: Unable to compare ROOT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ROOT is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (5.3%).
Return on Equity
High ROE: ROOT has a negative Return on Equity (-53.08%), as it is currently unprofitable.