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Root (ROOT) Financials

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$147.57 +9.81 (+7.12%)
As of 10:06 AM Eastern
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Annual Income Statements for Root

Annual Income Statements for Root

This table shows Root's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders		 -69 -282 -363 -521 -298 -147 29
Consolidated Net Income / (Loss)		 -69 -282 -363 -521 -298 -147 31
Net Income / (Loss) Continuing Operations		 -69 -282 -363 -521 -298 -147 31
Total Pre-Tax Income 		-69 -282 -363 -521 -298 -147 31
Total Operating Income		 -68 -260 -285 -485 -263 -101 79
Total Gross Profit		 -0.20 -31 -16 -47 -40 124 444
Total Revenue		 43 290 347 345 311 455 1,177
Operating Revenue		 43 290 347 345 311 455 1,177
Total Cost of Revenue		 44 321 363 392 351 331 733
Operating Cost of Revenue		 44 321 363 392 351 331 733
Total Operating Expenses		 68 229 269 438 223 225 365
Selling, General & Admin Expense		 9.30 43 79 98 127 83 70
Marketing Expense		 40 110 140 270 48 49 136
Research & Development Expense		 - 24 53 66 56 45 53
Other Operating Expenses / (Income)		 18 52 -1.80 5.00 -8.00 48 106
Total Other Income / (Expense), net		 -0.90 -22 -78 -36 -35 -46 -48
Interest Expense		 0.90 22 78 36 35 46 48
Income Tax Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Income / (Loss) Attributable to Noncontrolling Interest		 - - - - 0.00 0.00 1.70
Basic Earnings per Share		 ($2.73) ($8.33) ($86.43) ($37.76) ($21.11) ($10.24) $1.96
Weighted Average Basic Shares Outstanding		 25.30M 33.90M 4.20M 13.80M 14.10M 14.40M 14.90M
Diluted Earnings per Share		 ($2.73) ($8.33) ($86.43) ($37.76) ($21.11) ($10.24) $1.83
Weighted Average Diluted Shares Outstanding		 25.30M 33.90M 4.20M 13.80M 14.10M 14.40M 16.90M
Weighted Average Basic & Diluted Shares Outstanding		 25.30M 33.90M 75.50M 254M 14.20M 14.60M 15.20M

Quarterly Income Statements for Root

This table shows Root's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders		 -66 -58 -41 -37 -46 -24 -6.20 -7.80 22 22
Consolidated Net Income / (Loss)		 -66 -58 -41 -37 -46 -24 -6.20 -7.80 23 22
Net Income / (Loss) Continuing Operations		 -66 -58 -41 -37 -46 -24 -6.20 -7.80 23 22
Total Pre-Tax Income 		-66 -58 -41 -37 -46 -24 -6.20 -7.80 23 22
Total Operating Income		 -57 -48 -30 -25 -34 -12 5.40 3.80 34 35
Total Gross Profit		 -7.20 -6.40 6.80 15 30 72 89 99 121 135
Total Revenue		 74 71 70 75 115 195 255 289 306 327
Operating Revenue		 74 71 70 75 115 195 255 289 306 327
Total Cost of Revenue		 81 78 63 60 86 123 166 190 185 192
Operating Cost of Revenue		 81 78 63 60 86 123 166 190 185 192
Total Operating Expenses		 50 41 37 41 64 84 83 95 87 100
Selling, General & Admin Expense		 26 31 22 21 21 20 17 18 18 17
Marketing Expense		 8.10 3.20 3.60 6.10 13 27 30 34 34 37
Research & Development Expense		 14 9.40 10 11 11 12 11 15 13 15
Other Operating Expenses / (Income)		 1.10 -2.30 1.30 2.60 18 25 25 28 22 31
Total Other Income / (Expense), net		 -9.30 -11 -11 -12 -12 -12 -12 -12 -12 -13
Interest Expense		 9.30 11 11 12 12 12 12 12 12 13
Basic Earnings per Share		 ($4.71) ($4.13) ($2.88) ($2.55) ($3.16) ($1.67) ($0.42) ($0.52) $1.45 $1.45
Weighted Average Basic Shares Outstanding		 14.10M 14.10M 14.20M 14.40M 14.50M 14.40M 14.60M 14.90M 15M 14.90M
Diluted Earnings per Share		 ($4.71) ($4.13) ($2.88) ($2.55) ($3.16) ($1.67) ($0.42) ($0.52) $1.35 $1.42
Weighted Average Diluted Shares Outstanding		 14.10M 14.10M 14.20M 14.40M 14.50M 14.40M 14.60M 14.90M 16.90M 16.90M
Weighted Average Basic & Diluted Shares Outstanding		 14.10M 14.20M 14.30M 14.50M 14.60M 14.60M 14.90M 15M 15.10M 15.20M

Annual Cash Flow Statements for Root

This table details how cash moves in and out of Root's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Change in Cash & Equivalents		 104 294 697 -407 56 -83 -79
Net Cash From Operating Activities		 -26 -127 -287 -403 -211 -34 196
Net Cash From Continuing Operating Activities		 -26 -127 -287 -403 -211 -34 196
Net Income / (Loss) Continuing Operations		 -69 -282 -363 -521 -298 -147 31
Consolidated Net Income / (Loss)		 -69 -282 -363 -521 -298 -147 31
Depreciation Expense		 0.60 4.90 16 17 14 13 15
Non-Cash Adjustments To Reconcile Net Income		 -15 132 -35 109 54 27 145
Changes in Operating Assets and Liabilities, net		 58 18 95 -8.10 19 74 5.00
Net Cash From Investing Activities		 -21 -114 -114 77 -17 -46 -154
Net Cash From Continuing Investing Activities		 -21 -114 -114 77 -17 -46 -154
Purchase of Property, Plant & Equipment		 -3.50 -12 -7.20 -11 -8.80 -9.40 -12
Purchase of Investments		 -40 -138 -158 -17 -48 -76 -198
Sale and/or Maturity of Investments		 23 36 60 105 41 40 55
Other Investing Activities, net		 - 0.00 - 0.00 -1.30 0.00 0.00
Net Cash From Financing Activities		 151 536 1,099 -80 283 -4.10 -121
Net Cash From Continuing Financing Activities		 151 536 1,099 -80 283 -4.10 -121
Repayment of Debt		 0.00 -16 -14 -200 0.00 0.00 -237
Repurchase of Common Equity		 0.00 0.00 -0.20 -11 -3.00 -3.00 -3.00
Issuance of Debt		 0.00 190 12 0.00 286 0.00 134
Other Financing Activities, net		 0.10 10 - 3.20 0.30 -1.10 -15

Quarterly Cash Flow Statements for Root

This table details how cash moves in and out of Root's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024
Net Change in Cash & Equivalents		 -66 -58 -83 -51 7.30 43 -38 27 7.60 -76
Net Cash From Operating Activities		 -59 -47 -84 -11 15 46 15 63 49 69
Net Cash From Continuing Operating Activities		 -59 -47 -84 -11 15 46 15 63 49 69
Net Income / (Loss) Continuing Operations		 -66 -58 -41 -37 -46 -24 -6.20 -7.80 23 22
Consolidated Net Income / (Loss)		 -66 -58 -41 -37 -46 -24 -6.20 -7.80 23 22
Depreciation Expense		 2.90 4.30 2.70 2.80 2.70 4.40 2.90 4.00 5.20 2.80
Non-Cash Adjustments To Reconcile Net Income		 2.40 12 -32 40 25 -5.80 32 -43 112 44
Changes in Operating Assets and Liabilities, net		 2.10 -4.50 -13 -17 33 72 -14 110 -91 0.10
Net Cash From Investing Activities		 -3.90 -11 0.90 -40 -7.00 0.50 -52 -22 -40 -40
Net Cash From Continuing Investing Activities		 -3.90 -11 0.90 -40 -7.00 0.50 -52 -22 -40 -40
Purchase of Property, Plant & Equipment		 -2.10 -1.40 -2.50 -2.80 -2.00 -2.10 -2.30 -2.70 -2.40 -4.40
Purchase of Investments		 -22 -17 -4.80 -44 -13 -14 -59 -37 -52 -50
Sale and/or Maturity of Investments		 20 7.40 8.20 6.80 7.80 17 9.00 17 15 14
Net Cash From Financing Activities		 -3.00 - 0.00 -0.60 -0.30 -3.20 -0.40 -14 -2.00 -104
Net Cash From Continuing Financing Activities		 -3.00 - 0.00 -0.60 -0.30 -3.20 -0.40 -14 -2.00 -104
Other Financing Activities, net		 - - 0.00 -0.60 -0.30 -0.20 -0.40 -11 -2.00 -1.70

Annual Balance Sheets for Root

This table presents Root's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024
Period end date 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Total Assets		 729 1,762 1,319 1,313 1,348 1,496
Total Current Assets		 395 1,116 707 762 845 891
Cash & Equivalents		 392 1,113 706 762 679 599
Short-Term Investments		 3.50 3.00 0.00 - 166 292
Plant, Property, & Equipment, net		 0.00 0.00 0.00 0.00 0.00 0.00
Total Noncurrent Assets		 333 647 608 551 503 604
Long-Term Investments		 119 222 130 133 5.30 19
Other Noncurrent Operating Assets		 214 425 478 418 498 585
Total Liabilities & Shareholders' Equity		 729 1,762 1,319 1,313 1,348 1,496
Total Liabilities		 542 730 671 924 1,070 1,180
Total Current Liabilities		 196 48 131 160 66 71
Accounts Payable		 30 48 29 40 66 71
Total Noncurrent Liabilities		 346 682 540 764 1,004 1,109
Long-Term Debt		 192 188 0.00 295 299 200
Other Noncurrent Operating Liabilities		 154 494 540 469 705 909
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest		 560 0.00 112 112 112 112
Total Equity & Noncontrolling Interests		 -374 1,032 536 277 166 204
Total Preferred & Common Equity		 -374 1,032 536 277 166 204
Total Common Equity		 -374 1,032 536 277 166 204
Common Stock		 11 1,776 1,806 1,851 1,883 1,888
Retained Earnings		 -385 -748 -1,270 -1,568 -1,715 -1,682
Accumulated Other Comprehensive Income / (Loss)		 0.60 5.60 0.40 -5.80 -2.50 -2.30

Quarterly Balance Sheets for Root

This table presents Root's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024
Total Assets		 1,384 1,201 1,195 1,240 1,432 1,496 1,562
Total Current Assets		 820 685 635 638 650 680 684
Cash & Equivalents		 820 679 628 635 641 667 675
Restricted Cash		 - 1.00 - - 1.00 1.00 1.00
Short-Term Investments		 0.40 4.50 7.10 2.60 8.70 12 8.60
Plant, Property, & Equipment, net		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Noncurrent Assets		 560 516 560 598 778 812 873
Long-Term Investments		 120 126 160 165 207 224 266
Other Noncurrent Operating Assets		 440 390 400 433 570 588 607
Total Liabilities & Shareholders' Equity		 1,384 1,201 1,195 1,240 1,432 1,496 1,562
Total Liabilities		 941 845 869 951 1,155 1,233 1,268
Total Current Liabilities		 151 112 128 120 95 111 110
Accounts Payable		 40 26 38 48 41 55 64
Other Current Liabilities		 110 86 90 72 54 56 46
Total Noncurrent Liabilities		 791 734 740 832 1,060 1,122 1,158
Long-Term Debt		 294 296 297 298 299 300 301
Other Noncurrent Operating Liabilities		 497 437 443 533 760 822 857
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest		 112 112 112 112 112 112 112
Total Equity & Noncontrolling Interests		 331 244 214 177 166 151 182
Total Preferred & Common Equity		 331 244 214 177 166 151 182
Total Common Equity		 331 244 214 177 166 151 182
Common Stock		 1,838 1,857 1,866 1,875 1,890 1,882 1,884
Retained Earnings		 -1,500 -1,609 -1,645 -1,691 -1,721 -1,727 -1,704
Accumulated Other Comprehensive Income / (Loss)		 -6.90 -4.70 -5.90 -6.60 -3.30 -3.40 2.10

Annual Metrics and Ratios for Root

This table displays calculated financial ratios and metrics derived from Root's official financial filings.

Metric 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Growth Metrics		 - - - - - - -
Revenue Growth		 0.00% 570.21% 19.50% -0.40% -10.02% 46.40% 158.57%
EBITDA Growth		 0.00% -277.51% -5.68% -73.75% 46.80% 64.42% 205.30%
EBIT Growth		 0.00% -281.38% -9.69% -70.07% 45.77% 61.50% 177.49%
NOPAT Growth		 0.00% -281.38% -9.69% -70.07% 45.77% 61.50% 210.70%
Net Income Growth		 0.00% -308.68% -28.54% -43.55% 42.87% 50.49% 120.96%
EPS Growth		 0.00% -205.13% -28.54% -43.55% 44.09% 51.49% 117.87%
Operating Cash Flow Growth		 0.00% -387.36% -125.79% -40.46% 47.79% 84.05% 682.44%
Free Cash Flow Firm Growth		 0.00% 0.00% -374.14% -20.20% 36.70% 94.89% 2,450.18%
Invested Capital Growth		 0.00% 0.00% 14.13% -65.55% -9.11% -29.60% -44.47%
Revenue Q/Q Growth		 0.00% 0.00% 0.00% 13.96% -6.58% 37.25% 12.63%
EBITDA Q/Q Growth		 0.00% 0.00% 0.00% -0.60% 14.68% 28.58% 95.40%
EBIT Q/Q Growth		 0.00% 0.00% 0.00% -0.71% 14.38% 25.90% 150.80%
NOPAT Q/Q Growth		 0.00% 0.00% 0.00% -0.71% 14.38% 25.90% 258.28%
Net Income Q/Q Growth		 0.00% 0.00% 0.00% 4.30% 14.77% 18.88% 303.29%
EPS Q/Q Growth		 0.00% 0.00% 0.00% 4.30% 14.78% 18.28% 267.89%
Operating Cash Flow Q/Q Growth		 0.00% 0.00% -92.24% 27.54% -3.74% 73.42% 13.38%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00% 0.00% -22.29% 89.83% 22.92%
Invested Capital Q/Q Growth		 0.00% 0.00% 0.00% -50.35% -1.64% -24.52% -9.58%
Profitability Metrics		 - - - - - - -
Gross Margin		 -0.46% -10.75% -4.61% -13.58% -12.93% 27.19% 37.70%
EBITDA Margin		 -156.12% -87.94% -77.77% -135.67% -80.21% -19.49% 7.94%
Operating Margin		 -157.51% -89.63% -82.27% -140.47% -84.65% -22.26% 6.67%
EBIT Margin		 -157.51% -89.63% -82.27% -140.47% -84.65% -22.26% 6.67%
Profit (Net Income) Margin		 -159.58% -97.31% -104.67% -150.87% -95.79% -32.40% 2.63%
Tax Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Interest Burden Percent		 101.32% 108.57% 127.23% 107.40% 113.15% 145.51% 39.36%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)		 0.00% -151.50% -59.57% -62.01% -57.39% -44.21% 10.41%
Cash Return on Invested Capital (CROIC)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Return on Assets (OROA)		 0.00% -35.70% -22.91% -31.49% -19.99% -7.61% 5.52%
Return on Assets (ROA)		 0.00% -38.76% -29.15% -33.82% -22.62% -11.08% 2.17%
Return on Common Equity (ROCE)		 0.00% 303.98% -32.18% -57.87% -45.00% -29.36% 6.48%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 75.51% -35.16% -97.15% -107.43% -88.96% 15.17%
Net Operating Profit after Tax (NOPAT)		 -48 -182 -200 -340 -184 -71 79
NOPAT Margin		 -110.25% -62.74% -57.59% -98.33% -59.26% -15.58% 6.67%
Net Nonoperating Expense Percent (NNEP)		 0.00% -62.26% -22.20% -18.23% -15.75% -13.29% -7.55%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - -32.17% -15.26% 19.44%
Cost of Revenue to Revenue		 100.46% 110.75% 104.61% 113.58% 112.93% 72.81% 62.30%
SG&A Expenses to Revenue		 21.48% 14.82% 22.64% 28.26% 40.99% 18.31% 5.91%
R&D to Revenue		 0.00% 8.27% 15.25% 18.96% 17.86% 9.85% 4.53%
Operating Expenses to Revenue		 157.04% 78.88% 77.65% 126.90% 71.72% 49.45% 31.02%
Earnings before Interest and Taxes (EBIT)		 -68 -260 -285 -485 -263 -101 79
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -68 -255 -270 -469 -249 -89 93
Valuation Ratios		 - - - - - - -
Price to Book Value (P/BV)		 0.00 0.00 3.82 1.46 0.23 0.92 5.38
Price to Tangible Book Value (P/TBV)		 0.00 0.00 3.82 1.46 0.23 0.92 5.38
Price to Revenue (P/Rev)		 16.73 2.50 11.36 2.27 0.20 0.34 0.93
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 0.00 0.00 37.54
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.66%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)		 0.00 3.32 8.05 0.17 0.00 0.00 0.42
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00 0.00 0.00 5.33
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.00 0.00 6.34
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 0.00 0.00 6.34
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00 0.00 0.00 2.54
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00 2.49
Leverage & Solvency		 - - - - - - -
Debt to Equity		 0.00 1.03 0.18 0.00 0.76 1.08 0.63
Long-Term Debt to Equity		 0.00 1.03 0.18 0.00 0.76 1.08 0.63
Financial Leverage		 0.00 -1.73 -1.21 -1.18 -1.39 -1.73 -2.13
Leverage Ratio		 0.00 3.91 2.04 1.83 2.54 3.99 4.79
Compound Leverage Factor		 0.00 4.24 2.60 1.97 2.87 5.81 1.89
Debt to Total Capital		 0.00% 50.77% 15.42% 0.00% 43.16% 51.85% 38.79%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 0.00% 50.77% 15.42% 0.00% 43.16% 51.85% 38.79%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 148.02% 0.00% 17.27% 16.36% 19.42% 21.71%
Common Equity to Total Capital		 0.00% -98.79% 84.58% 82.73% 40.48% 28.73% 39.49%
Debt to EBITDA		 0.00 -0.75 -0.70 0.00 -1.18 -3.37 2.14
Net Debt to EBITDA		 0.00 1.26 4.26 0.00 2.41 6.21 -7.61
Long-Term Debt to EBITDA		 0.00 -0.75 -0.70 0.00 -1.18 -3.37 2.14
Debt to NOPAT		 0.00 -1.06 -0.94 0.00 -1.60 -4.22 2.55
Net Debt to NOPAT		 0.00 1.77 5.75 0.00 3.26 7.77 -9.05
Long-Term Debt to NOPAT		 0.00 -1.06 -0.94 0.00 -1.60 -4.22 2.55
Altman Z-Score		 0.00 -0.39 3.03 -1.08 -1.50 -0.91 0.60
Noncontrolling Interest Sharing Ratio		 0.00% 300.64% 45.98% 6.66% 21.59% 33.59% 37.75%
Liquidity Ratios		 - - - - - - -
Current Ratio		 0.00 2.01 23.25 5.41 4.78 12.88 12.54
Quick Ratio		 0.00 2.01 23.25 5.40 4.78 12.88 12.54
Cash Flow Metrics		 - - - - - - -
Free Cash Flow to Firm (FCFF)		 0.00 -46 -219 -263 -167 -8.51 200
Operating Cash Flow to CapEx		 -745.71% -1,051.24% -3,988.89% -3,601.79% -2,393.18% -357.45% 1,658.47%
Free Cash Flow to Firm to Interest Expense		 0.00 -2.07 -2.82 -7.33 -4.81 -0.18 4.20
Operating Cash Flow to Interest Expense		 -29.00 -5.70 -3.70 -11.24 -6.09 -0.73 4.11
Operating Cash Flow Less CapEx to Interest Expense		 -32.89 -6.25 -3.79 -11.55 -6.34 -0.93 3.86
Efficiency Ratios		 - - - - - - -
Asset Turnover		 0.00 0.40 0.28 0.22 0.24 0.34 0.83
Accounts Receivable Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Inventory Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Accounts Payable Turnover		 0.00 10.79 9.33 10.18 10.20 6.29 10.72
Days Sales Outstanding (DSO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 0.00 33.84 39.14 35.87 35.77 58.01 34.04
Cash Conversion Cycle (CCC)		 0.00 -33.84 -39.14 -35.87 -35.77 -58.01 -34.04
Capital & Investment Metrics		 - - - - - - -
Invested Capital		 0.00 -136 -117 -193 -211 -273 -395
Invested Capital Turnover		 0.00 -4.27 -2.75 -2.23 -1.54 -1.88 -3.52
Increase / (Decrease) in Invested Capital		 0.00 -136 19 -77 -18 -62 -122
Enterprise Value (EV)		 0.00 963 2,791 58 -425 -286 498
Market Capitalization		 724 724 3,940 783 63 153 1,096
Book Value per Share		 $0.00 ($11.03) $4.12 $2.12 $19.65 $11.35 $13.49
Tangible Book Value per Share		 $0.00 ($11.03) $4.12 $2.12 $19.65 $11.35 $13.49
Total Capital		 0.00 379 1,221 648 685 577 516
Total Debt		 0.00 192 188 0.00 295 299 200
Total Long-Term Debt		 0.00 192 188 0.00 295 299 200
Net Debt		 0.00 -322 -1,149 -837 -600 -551 -710
Capital Expenditures (CapEx)		 3.50 12 7.20 11 8.80 9.40 12
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 0.00 -196 -48 -131 -160 -66 -71
Debt-free Net Working Capital (DFNWC)		 0.00 199 1,068 576 603 779 820
Net Working Capital (NWC)		 0.00 199 1,068 576 603 779 820
Net Nonoperating Expense (NNE)		 21 100 163 181 114 76 48
Net Nonoperating Obligations (NNO)		 0.00 -322 -1,149 -842 -600 -551 -710
Total Depreciation and Amortization (D&A)		 0.60 4.90 16 17 14 13 15
Debt-free, Cash-free Net Working Capital to Revenue		 0.00% -67.61% -13.84% -37.84% -51.32% -14.42% -6.04%
Debt-free Net Working Capital to Revenue		 0.00% 68.57% 307.90% 166.85% 193.89% 171.21% 69.72%
Net Working Capital to Revenue		 0.00% 68.57% 307.90% 166.85% 193.89% 171.21% 69.72%
Earnings Adjustments		 - - - - - - -
Adjusted Basic Earnings per Share		 $0.00 $0.00 ($86.58) ($37.62) $0.00 ($10.24) $1.96
Adjusted Weighted Average Basic Shares Outstanding		 0.00 0.00 27.97M 13.84M 0.00 14.40M 14.90M
Adjusted Diluted Earnings per Share		 $0.00 $0.00 ($86.58) ($37.62) $0.00 ($10.24) $1.83
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 0.00 27.97M 13.84M 0.00 14.40M 16.90M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 ($86.58) $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 0.00 4.19M 14.11M 0.00 14.60M 15.20M
Normalized Net Operating Profit after Tax (NOPAT)		 -48 -182 -200 -340 -184 -71 55
Normalized NOPAT Margin		 -110.25% -62.74% -57.59% -98.33% -59.26% -15.58% 4.67%
Pre Tax Income Margin		 -159.58% -97.31% -104.67% -150.87% -95.79% -32.40% 2.63%
Debt Service Ratios		 - - - - - - -
EBIT to Interest Expense		 -75.78 -11.66 -3.67 -13.52 -7.60 -2.20 1.65
NOPAT to Interest Expense		 -53.04 -8.16 -2.57 -9.46 -5.32 -1.54 1.65
EBIT Less CapEx to Interest Expense		 -79.67 -12.21 -3.76 -13.83 -7.86 -2.40 1.40
NOPAT Less CapEx to Interest Expense		 -56.93 -8.71 -2.66 -9.77 -5.58 -1.74 1.40
Payout Ratios		 - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% 0.00% -0.06% -2.02% -1.01% -2.04% 9.71%

Quarterly Metrics and Ratios for Root

This table displays calculated financial ratios and metrics derived from Root's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 -21.43% -23.50% -17.92% -6.97% 56.45% 173.21% 263.62% 286.63% 165.13% 67.71%
EBITDA Growth		 55.97% 49.71% 60.38% 73.11% 42.25% 81.80% 130.63% 134.82% 226.52% 577.22%
EBIT Growth		 55.00% 48.10% 58.61% 70.80% 40.46% 74.21% 118.12% 115.08% 201.18% 383.74%
NOPAT Growth		 55.00% 48.10% 58.61% 70.80% 40.46% 74.21% 118.12% 115.08% 244.54% 505.34%
Net Income Growth		 50.08% 46.95% 47.23% 61.57% 31.02% 58.83% 84.84% 78.75% 149.78% 192.08%
EPS Growth		 50.78% 48.12% 48.01% 62.33% 32.91% 59.56% 85.42% 79.61% 142.72% 185.03%
Operating Cash Flow Growth		 57.18% -19.44% -63.48% 80.26% 124.75% 198.72% 117.32% 690.57% 238.36% 50.11%
Free Cash Flow Firm Growth		 120.21% -229.75% -316.40% -854.83% -130.31% 440.66% 319.98% 371.53% 1,584.75% 190.76%
Invested Capital Growth		 -61.40% -9.11% 19.27% 21.60% -5.79% -29.60% -78.96% -101.23% -64.18% -44.47%
Revenue Q/Q Growth		 -8.33% -3.26% -1.68% 6.70% 54.14% 68.95% 30.85% 13.46% 5.71% 6.87%
EBITDA Q/Q Growth		 34.93% 19.93% 37.56% 17.34% -39.73% 74.76% 205.06% -6.02% 407.69% -4.80%
EBIT Q/Q Growth		 33.84% 16.46% 37.53% 15.44% -34.92% 63.82% 143.90% -29.63% 805.26% 1.45%
NOPAT Q/Q Growth		 33.84% 16.46% 37.53% 15.44% -34.92% 63.82% 143.90% -29.63% 1,193.23% 1.45%
Net Income Q/Q Growth		 30.47% 12.20% 29.85% 10.27% -24.80% 47.60% 74.17% -25.81% 392.31% -3.07%
EPS Q/Q Growth		 30.43% 12.31% 30.27% 11.46% -23.92% 47.15% 74.85% -23.81% 359.62% 5.19%
Operating Cash Flow Q/Q Growth		 -9.87% 20.85% -79.23% 87.34% 237.74% 215.75% -68.55% 331.72% -21.09% 40.08%
Free Cash Flow Firm Q/Q Growth		 353.20% -140.56% -272.77% -10.16% 81.80% 555.85% 140.71% 35.97% -0.49% -10.73%
Invested Capital Q/Q Growth		 5.08% -1.64% 24.48% -7.60% -28.08% -24.52% -4.28% -20.99% -4.50% -9.58%
Profitability Metrics		 - - - - - - - - - -
Gross Margin		 -9.77% -8.98% 9.70% 20.45% 25.59% 37.01% 34.72% 34.20% 39.65% 41.29%
EBITDA Margin		 -73.54% -60.87% -38.66% -29.95% -27.15% -4.06% 3.26% 2.70% 12.95% 11.54%
Operating Margin		 -77.48% -66.90% -42.51% -33.69% -29.49% -6.31% 2.12% 1.31% 11.25% 10.68%
EBIT Margin		 -77.48% -66.90% -42.51% -33.69% -29.49% -6.31% 2.12% 1.31% 11.25% 10.68%
Profit (Net Income) Margin		 -90.10% -81.77% -58.35% -49.06% -39.72% -12.32% -2.43% -2.70% 7.46% 6.76%
Tax Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Interest Burden Percent		 116.29% 122.22% 137.25% 145.63% 134.71% 195.12% -114.81% -205.26% 66.28% 63.32%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)		 -64.75% -57.39% -55.77% -48.96% -49.64% -44.21% -35.59% -28.42% -5.21% 10.41%
Cash Return on Invested Capital (CROIC)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Return on Assets (OROA)		 -17.72% -15.80% -9.09% -7.30% -7.45% -2.16% 1.03% 0.83% 8.39% 8.84%
Return on Assets (ROA)		 -20.61% -19.31% -12.47% -10.64% -10.04% -4.21% -1.18% -1.71% 5.56% 5.60%
Return on Common Equity (ROCE)		 -58.03% -45.00% -42.43% -35.69% -34.45% -29.36% -23.00% -17.63% -3.21% 6.48%
Return on Equity Simple (ROE_SIMPLE)		 -105.56% 0.00% -107.14% -94.36% -102.60% 0.00% -68.01% -55.39% -8.36% 0.00%
Net Operating Profit after Tax (NOPAT)		 -40 -33 -21 -18 -24 -8.61 3.78 2.66 34 35
NOPAT Margin		 -54.23% -46.83% -29.76% -23.58% -20.64% -4.42% 1.48% 0.92% 11.25% 10.68%
Net Nonoperating Expense Percent (NNEP)		 -3.74% -3.46% -3.10% -3.13% -3.80% -2.67% -1.85% -1.89% -2.00% -2.03%
Return On Investment Capital (ROIC_SIMPLE)		 - -5.83% - - - -1.85% - - - 8.64%
Cost of Revenue to Revenue		 109.77% 108.98% 90.30% 79.55% 74.41% 62.99% 65.28% 65.80% 60.35% 58.71%
SG&A Expenses to Revenue		 35.82% 43.48% 30.67% 27.67% 18.21% 10.32% 6.71% 6.26% 5.72% 5.14%
R&D to Revenue		 19.40% 13.18% 14.55% 14.84% 9.63% 6.37% 4.32% 5.08% 4.22% 4.50%
Operating Expenses to Revenue		 67.71% 57.92% 52.21% 54.14% 55.07% 43.33% 32.60% 32.88% 28.39% 30.61%
Earnings before Interest and Taxes (EBIT)		 -57 -48 -30 -25 -34 -12 5.40 3.80 34 35
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -54 -43 -27 -22 -31 -7.90 8.30 7.80 40 38
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 0.34 0.23 0.26 0.60 0.78 0.92 5.38 5.08 3.12 5.38
Price to Tangible Book Value (P/TBV)		 0.34 0.23 0.26 0.60 0.78 0.92 5.38 5.08 3.12 5.38
Price to Revenue (P/Rev)		 0.34 0.20 0.22 0.44 0.42 0.34 1.39 0.90 0.54 0.93
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 37.54
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.66%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)		 0.00 0.00 0.00 0.00 0.00 0.00 0.70 0.32 0.03 0.42
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.61 5.33
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.93 6.34
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.32 6.34
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00 0.00 0.00 6.90 2.01 0.17 2.54
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00 5.61 1.88 0.18 2.49
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 0.66 0.76 0.83 0.91 1.03 1.08 1.08 1.14 1.02 0.63
Long-Term Debt to Equity		 0.66 0.76 0.83 0.91 1.03 1.08 1.08 1.14 1.02 0.63
Financial Leverage		 -1.31 -1.39 -1.38 -1.47 -1.58 -1.73 -1.70 -1.88 -1.99 -2.13
Leverage Ratio		 2.70 2.54 2.95 3.24 3.59 3.99 4.16 4.56 4.81 4.79
Compound Leverage Factor		 3.14 3.10 4.05 4.71 4.83 7.79 -4.77 -9.37 3.19 3.03
Debt to Total Capital		 39.89% 43.16% 45.44% 47.68% 50.78% 51.85% 51.87% 53.27% 50.59% 38.79%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 39.89% 43.16% 45.44% 47.68% 50.78% 51.85% 51.87% 53.27% 50.59% 38.79%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 15.20% 16.36% 17.18% 17.95% 19.07% 19.42% 19.41% 19.88% 18.83% 21.71%
Common Equity to Total Capital		 44.91% 40.48% 37.38% 34.37% 30.15% 28.73% 28.72% 26.85% 30.58% 39.49%
Debt to EBITDA		 -1.01 -1.18 -1.42 -2.02 -2.40 -3.37 -5.62 -12.99 6.30 2.14
Net Debt to EBITDA		 2.21 2.41 2.48 3.38 4.06 6.21 10.47 26.13 -13.59 -7.61
Long-Term Debt to EBITDA		 -1.01 -1.18 -1.42 -2.02 -2.40 -3.37 -5.62 -12.99 6.30 2.14
Debt to NOPAT		 -1.37 -1.60 -1.92 -2.66 -3.12 -4.22 -6.47 -11.56 13.73 2.55
Net Debt to NOPAT		 3.00 3.26 3.33 4.45 5.27 7.77 12.06 23.24 -29.65 -9.05
Long-Term Debt to NOPAT		 -1.37 -1.60 -1.92 -2.66 -3.12 -4.22 -6.47 -11.56 13.73 2.55
Altman Z-Score		 -0.76 -0.96 -1.09 -1.16 -1.14 -0.69 -0.29 -0.21 -0.08 0.50
Noncontrolling Interest Sharing Ratio		 10.38% 21.59% 23.92% 27.11% 30.60% 33.59% 35.36% 37.99% 38.42% 37.75%
Liquidity Ratios		 - - - - - - - - - -
Current Ratio		 5.45 4.78 6.12 4.95 5.33 12.88 6.84 6.15 6.21 12.54
Quick Ratio		 5.45 4.78 6.11 4.95 5.33 12.88 6.83 6.14 6.20 12.54
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 39 -16 -59 -65 -12 54 129 176 175 156
Operating Cash Flow to CapEx		 -2,809.52% -3,335.71% -3,348.00% -378.57% 730.00% 2,195.24% 630.43% 2,318.52% 2,058.33% 1,572.73%
Free Cash Flow to Firm to Interest Expense		 4.19 -1.49 -5.30 -5.64 -1.00 4.60 11.16 15.18 15.10 12.22
Operating Cash Flow to Interest Expense		 -6.34 -4.41 -7.54 -0.92 1.24 3.94 1.25 5.40 4.26 5.41
Operating Cash Flow Less CapEx to Interest Expense		 -6.57 -4.54 -7.77 -1.17 1.07 3.76 1.05 5.16 4.05 5.06
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.23 0.24 0.21 0.22 0.25 0.34 0.49 0.63 0.75 0.83
Accounts Receivable Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Inventory Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Accounts Payable Turnover		 9.34 10.20 12.76 7.45 6.51 6.29 12.99 12.18 11.88 10.72
Days Sales Outstanding (DSO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 39.08 35.77 28.62 48.97 56.03 58.01 28.11 29.96 30.73 34.04
Cash Conversion Cycle (CCC)		 -39.08 -35.77 -28.62 -48.97 -56.03 -58.01 -28.11 -29.96 -30.73 -34.04
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 -207 -211 -159 -171 -219 -273 -285 -345 -360 -395
Invested Capital Turnover		 -1.98 -1.54 -1.66 -1.49 -1.55 -1.88 -2.88 -3.31 -3.60 -3.52
Increase / (Decrease) in Invested Capital		 -79 -18 38 47 -12 -62 -126 -173 -141 -122
Enterprise Value (EV)		 -422 -425 -339 -258 -254 -286 446 277 29 498
Market Capitalization		 112 63 64 128 138 153 892 769 567 1,096
Book Value per Share		 $1.30 $19.65 $17.16 $14.99 $12.21 $11.35 $11.35 $10.15 $12.13 $13.49
Tangible Book Value per Share		 $1.30 $19.65 $17.16 $14.99 $12.21 $11.35 $11.35 $10.15 $12.13 $13.49
Total Capital		 737 685 652 624 587 577 577 563 595 516
Total Debt		 294 295 296 297 298 299 299 300 301 200
Total Long-Term Debt		 294 295 296 297 298 299 299 300 301 200
Net Debt		 -646 -600 -515 -498 -504 -551 -558 -604 -650 -710
Capital Expenditures (CapEx)		 2.10 1.40 2.50 2.80 2.00 2.10 2.30 2.70 2.40 4.40
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -151 -160 -112 -128 -120 -66 -95 -111 -110 -71
Debt-free Net Working Capital (DFNWC)		 670 603 573 507 518 779 555 569 574 820
Net Working Capital (NWC)		 670 603 573 507 518 779 555 569 574 820
Net Nonoperating Expense (NNE)		 26 25 20 19 22 15 9.98 10 12 13
Net Nonoperating Obligations (NNO)		 -650 -600 -515 -498 -509 -551 -563 -608 -654 -710
Total Depreciation and Amortization (D&A)		 2.90 4.30 2.70 2.80 2.70 4.40 2.90 4.00 5.20 2.80
Debt-free, Cash-free Net Working Capital to Revenue		 -45.24% -51.32% -37.87% -44.22% -36.08% -14.42% -14.85% -12.95% -10.55% -6.04%
Debt-free Net Working Capital to Revenue		 201.26% 193.89% 193.87% 174.85% 156.35% 171.21% 86.78% 66.65% 54.97% 69.72%
Net Working Capital to Revenue		 201.26% 193.89% 193.87% 174.85% 156.35% 171.21% 86.78% 66.65% 54.97% 69.72%
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 ($4.54) ($4.13) ($2.88) ($2.55) ($3.16) ($1.67) ($0.42) ($0.52) $1.45 $1.45
Adjusted Weighted Average Basic Shares Outstanding		 14.10M 14.10M 14.20M 14.40M 14.50M 14.40M 14.60M 14.90M 15M 14.90M
Adjusted Diluted Earnings per Share		 ($4.54) ($4.13) ($2.88) ($2.55) ($3.16) ($1.67) ($0.42) ($0.52) $1.35 $1.42
Adjusted Weighted Average Diluted Shares Outstanding		 14.10M 14.10M 14.20M 14.40M 14.50M 14.40M 14.60M 14.90M 16.90M 16.90M
Adjusted Basic & Diluted Earnings per Share		 $0.00 ($4.13) $0.00 $0.00 $0.00 ($1.67) $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 14.10M 14.20M 14.30M 14.50M 14.60M 14.60M 14.90M 15M 15.10M 15.20M
Normalized Net Operating Profit after Tax (NOPAT)		 -40 -33 -21 -18 -24 -8.61 3.78 2.66 24 24
Normalized NOPAT Margin		 -54.23% -46.83% -29.76% -23.58% -20.64% -4.42% 1.48% 0.92% 7.88% 7.48%
Pre Tax Income Margin		 -90.10% -81.77% -58.35% -49.06% -39.72% -12.32% -2.43% -2.70% 7.46% 6.76%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 -6.14 -4.50 -2.68 -2.19 -2.88 -1.05 0.47 0.33 2.97 2.73
NOPAT to Interest Expense		 -4.30 -3.15 -1.88 -1.53 -2.02 -0.74 0.33 0.23 2.97 2.73
EBIT Less CapEx to Interest Expense		 -6.37 -4.63 -2.91 -2.43 -3.05 -1.23 0.27 0.09 2.76 2.38
NOPAT Less CapEx to Interest Expense		 -4.52 -3.28 -2.10 -1.78 -2.19 -0.92 0.13 0.00 2.76 2.38
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 -3.86% -1.01% 0.00% 0.00% 0.00% -2.04% 0.00% -7.16% -39.47% 9.71%

Frequently Asked Questions About Root's Financials

When does Root's fiscal year end?

According to the most recent income statement we have on file, Root's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Root's net income changed over the last 6 years?

Root's net income appears to be on a downward trend, with a most recent value of $30.90 million in 2024, falling from -$69.10 million in 2018. The previous period was -$147.40 million in 2023. See where experts think Root is headed by visiting Root's forecast page.

What is Root's operating income?
Root's total operating income in 2024 was $78.50 million, based on the following breakdown:
  • Total Gross Profit: $443.50 million
  • Total Operating Expenses: $365 million
How has Root revenue changed over the last 6 years?

Over the last 6 years, Root's total revenue changed from $43.30 million in 2018 to $1.18 billion in 2024, a change of 2,617.1%.

How much debt does Root have?

Root's total liabilities were at $1.18 billion at the end of 2024, a 10.3% increase from 2023, and a 117.6% increase since 2019.

How much cash does Root have?

In the past 5 years, Root's cash and equivalents has ranged from $391.70 million in 2019 to $1.11 billion in 2020, and is currently $599.30 million as of their latest financial filing in 2024.

How has Root's book value per share changed over the last 6 years?

Over the last 6 years, Root's book value per share changed from 0.00 in 2018 to 13.49 in 2024, a change of 1,349.0%.


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This page (NASDAQ:ROOT) was last updated on 5/7/2025 by MarketBeat.com Staff
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