Root Inc (ROOT)
70.97
-0.04
(-0.06%)
USD |
NASDAQ |
Nov 04, 16:00
69.28
-1.69
(-2.38%)
After-Hours: 05:35
Root Profit Margin (Quarterly): 7.46% for Sept. 30, 2024
Profit Margin (Quarterly) Chart
Historical Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 7.46% |
| June 30, 2024 | -2.70% |
| March 31, 2024 | -2.43% |
| December 31, 2023 | -12.32% |
| September 30, 2023 | -39.72% |
| June 30, 2023 | -49.06% |
| March 31, 2023 | -58.35% |
| December 31, 2022 | -81.77% |
| September 30, 2022 | -90.10% |
| June 30, 2022 | -118.8% |
| March 31, 2022 | -90.75% |
| Date | Value |
|---|---|
| December 31, 2021 | -117.9% |
| September 30, 2021 | -141.8% |
| June 30, 2021 | -198.9% |
| March 31, 2021 | -145.2% |
| December 31, 2020 | -261.9% |
| September 30, 2020 | -168.7% |
| June 30, 2020 | -32.04% |
| March 31, 2020 | -85.16% |
| December 31, 2019 | -80.00% |
| September 30, 2019 | -125.9% |
Profit Margin Definition
Profit Margin is calculated using Net Income/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into profit. An analyst looking at profit margin might look for a higher profit margin relative to other comparable companies as well as a profit margin that is growing.
Profit Margin (Quarterly) Range, Past 5 Years
-261.9%
Minimum
Dec 2020
7.46%
Maximum
Sep 2024
-88.51%
Average
-83.46%
Median
Profit Margin (Quarterly) Benchmarks
| Employers Holdings Inc | 13.53% |
| Erie Indemnity Co | 13.03% |
| Fundamental Global Inc | -65.47% |
| Enact Holdings Inc | 61.46% |
| Skyward Specialty Insurance Group Inc | 12.19% |
Profit Margin (Quarterly) Related Metrics
| Return on Equity | -9.03% |
| Return on Assets | -1.07% |
| Return on Invested Capital | -3.25% |