Root Income Tax Expense from 2010 to 2025

ROOT Stock  USD 149.70  18.86  11.19%   
Root Income Tax Expense yearly trend continues to be comparatively stable with very little volatility. Income Tax Expense is likely to outpace its year average in 2025. From the period from 2010 to 2025, Root Income Tax Expense quarterly data regression had mean square error of 11040.4 T and mean deviation of  102,182,041. View All Fundamentals
 
Income Tax Expense  
First Reported
2010-12-31
Previous Quarter
30.9 M
Current Value
32.4 M
Quarterly Volatility
130.3 M
 
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Check Root financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Root's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Interest Income of 43.6 M or Depreciation And Amortization of 6.3 M, as well as many indicators such as Price To Sales Ratio of 0.88, Dividend Yield of 0.0183 or PTB Ratio of 5.63. Root financial statements analysis is a perfect complement when working with Root Valuation or Volatility modules.
  
Check out the analysis of Root Correlation against competitors.

Latest Root's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Root Inc over the last few years. It is Root's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Root's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Root Income Tax Expense Regression Statistics

Arithmetic Mean(223,236,972)
Coefficient Of Variation(58.36)
Mean Deviation102,182,041
Median(282,400,000)
Standard Deviation130,276,047
Sample Variance16971.8T
Range400.8M
R-Value0.63
Mean Square Error11040.4T
R-Squared0.39
Significance0.01
Slope17,150,910
Total Sum of Squares254577.7T

Root Income Tax Expense History

202532.4 M
202430.9 M
2023-155.2 M
2022-303.9 M
202116.4 M
2020-368.4 M

About Root Financial Statements

Root shareholders use historical fundamental indicators, such as Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Root investors may analyze each financial statement separately, they are all interrelated. The changes in Root's assets and liabilities, for example, are also reflected in the revenues and expenses on on Root's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Income Tax Expense30.9 M32.4 M

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Additional Tools for Root Stock Analysis

When running Root's price analysis, check to measure Root's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Root is operating at the current time. Most of Root's value examination focuses on studying past and present price action to predict the probability of Root's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Root's price. Additionally, you may evaluate how the addition of Root to your portfolios can decrease your overall portfolio volatility.