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 Growth8.0%
Revenue growth rate7.5%
Return on equity-53.1%
Net Margin-32.4%
Last Earnings Update31 Dec 2023

Recent past performance updates

Recent updates

Small Cap Nuance With Courage & Conviction Investing

Mar 04

Root, Inc. (NASDAQ:ROOT) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

Feb 25
Root, Inc. (NASDAQ:ROOT) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

Root, Inc. Q4 Earnings: Current Price Requires Exceptional Growth

Feb 23

Investors Holding Back On Root, Inc. (NASDAQ:ROOT)

Jan 15
Investors Holding Back On Root, Inc. (NASDAQ:ROOT)

Industry Analysts Just Made A Sizeable Upgrade To Their Root, Inc. (NASDAQ:ROOT) Revenue Forecasts

Aug 10
Industry Analysts Just Made A Sizeable Upgrade To Their Root, Inc. (NASDAQ:ROOT) Revenue Forecasts

Root Insurance: Spiral Of Death But There Is Hope

Aug 16

Root Q2 2022 Earnings Preview

Aug 05

Root partners with 2 national football league teams, 1 major league baseball team

Jul 12

Root: Shares Up 53% Last Week And Still Trading Below Cash - But Avoid

Mar 21

Root Seeks Major Cost Reductions To Stanch High Losses

Jan 25

Root: 85% Down From IPO After Q3 Results, But Still Too Speculative

Nov 24

As Earnings Approach, A Buy-Write In Root Could Produce 12% Return In Under A Month

Oct 28

Root: Major Reversals In Growth And Loss Ratio In Q2 Results

Aug 12

Root: An Insurtech Company Priced Like A Legacy Insurer

May 26

Root Q1 2021 Earnings Preview

May 04

Need To Know: Analysts Are Much More Bullish On Root, Inc. (NASDAQ:ROOT) Revenues

Mar 02
Need To Know: Analysts Are Much More Bullish On Root, Inc. (NASDAQ:ROOT) Revenues

Analysts Have Made A Financial Statement On Root, Inc.'s (NASDAQ:ROOT) Annual Report

Mar 01
Analysts Have Made A Financial Statement On Root, Inc.'s (NASDAQ:ROOT) Annual Report

What Percentage Of Root, Inc. (NASDAQ:ROOT) Shares Do Insiders Own?

Jan 29
What Percentage Of Root, Inc. (NASDAQ:ROOT) Shares Do Insiders Own?

Root: An Overpriced Insurance Company At Its Root

Jan 11

Root EPS misses by $1.79, misses on revenue

Dec 01

Wells Fargo initiates auto insure-tech Root at Overweight

Nov 23

Root's IPO: Facing Challenges Revitalizing Insurance Sector

Nov 02

Root: Interesting Innovative Insurance Business

Oct 30

Revenue & Expenses Breakdown
Beta

How Root makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGS:ROOT Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 23455-1471670
30 Sep 23332-1821450
30 Jun 23290-2021500
31 Mar 23296-2611930
31 Dec 22311-2982150
30 Sep 22333-3492490
30 Jun 22353-4163110
31 Mar 22362-4993860
31 Dec 21345-5214350
30 Sep 21303-5444480
30 Jun 21260-4974030
31 Mar 21291-3572890
31 Dec 20347-3632720
30 Sep 20402-3152460
30 Jun 20432-3302110
31 Mar 20362-3392160
31 Dec 19290-2821770
31 Dec 1843-69580

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.


Return on Assets


Return on Capital Employed


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