Root Past Earnings Performance
Past criteria checks 0/6
Root has been growing earnings at an average annual rate of 21.4%, while the Insurance industry saw earnings growing at 12.6% annually. Revenues have been growing at an average rate of 19.3% per year.
Key information
21.4%
Earnings growth rate
62.6%
EPS growth rate
| Insurance Industry Growth | 8.0% |
| Revenue growth rate | 19.3% |
| Return on equity | -5.2% |
| Net Margin | -1.5% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Root, Inc. (NASDAQ:ROOT) Stock's 30% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Dec 20
Root, Inc. (NASDAQ:ROOT) Stock Rockets 74% But Many Are Still Ignoring The Company
Nov 01Root, Inc. Has Entered The World Of Profits (Rating Upgrade)
Nov 01Root Inc. Q3 Earnings Preview: Loss Ratio Not Sustainable
Oct 24Take Care Before Jumping Onto Root, Inc. (NASDAQ:ROOT) Even Though It's 36% Cheaper
Aug 19Root Inc: Rising Insurer In A Competitive Space
Aug 11Root, Inc. (NASDAQ:ROOT) Might Not Be As Mispriced As It Looks After Plunging 33%
Jun 19Root, Inc.: Promising Embedded Strategy With Potential Nationwide Expansion
May 06Not Many Are Piling Into Root, Inc. (NASDAQ:ROOT) Stock Yet As It Plummets 32%
May 05Root, Inc. (NASDAQ:ROOT) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates
May 03Small 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 24Revenue & Expenses Breakdown
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 |
|---|---|---|---|---|
| 30 Sep 24 | 1,045 | -16 | 294 | 0 |
| 30 Jun 24 | 854 | -84 | 275 | 0 |
| 31 Mar 24 | 640 | -113 | 196 | 0 |
| 31 Dec 23 | 455 | -147 | 167 | 0 |
| 30 Sep 23 | 332 | -182 | 173 | 0 |
| 30 Jun 23 | 290 | -202 | 154 | 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 21.4% 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 (35.6%).
Return on Equity
High ROE: ROOT has a negative Return on Equity (-5.17%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/05 02:13 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Root, Inc. is covered by 17 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Tracy Dolin-Benguigui | Barclays |
| Ross Sandler | Barclays |
| Tracy Dolin-Benguigui | Barclays |