Root Operating Margin from 2010 to 2024

ROOT Stock  USD 99.81  0.75  0.76%   
Root Operating Profit Margin yearly trend continues to be comparatively stable with very little volatility. Operating Profit Margin will likely drop to -0.23 in 2024.
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 34.4 M or Depreciation And Amortization of 7.2 M, as well as many indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.0 or PTB Ratio of 0.57. 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 Operating Margin Growth Pattern

Below is the plot of the Operating Profit Margin of Root Inc over the last few years. It is Root's Operating Profit Margin 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.
ViewLast Reported 0.11 %10 Years Trend
Slightly volatile
   Operating Profit Margin   
       Timeline  

Root Operating Margin Regression Statistics

Arithmetic Mean(1.27)
Coefficient Of Variation(38.86)
Mean Deviation0.40
Median(1.58)
Standard Deviation0.49
Sample Variance0.24
Range1.3524
R-Value0.78
Mean Square Error0.10
R-Squared0.61
Significance0.0006
Slope0.09
Total Sum of Squares3.40

Root Operating Margin History

2024 -0.23
2023 -0.22
2022 -0.85
2021 -1.53
2020 -1.05
2019 -0.97

About Root Financial Statements

Root shareholders use historical fundamental indicators, such as Operating Margin, 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.
Root, Inc. provides insurance products and services in the United States. The company was incorporated in 2015 and is headquartered in Columbus, Ohio. Root operates under InsuranceProperty Casualty classification in the United States and is traded on NASDAQ Exchange. It employs 1571 people.

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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.