Root Inc (ROOT)
73.10
+1.98
(+2.78%)
USD |
NASDAQ |
Dec 20, 16:00
73.40
+0.30
(+0.41%)
After-Hours: 20:00
Root Profit Margin (Quarterly): 7.46% for Sept. 30, 2024
Profit Margin (Quarterly) Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Data
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
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Profit Margin (Quarterly) Benchmarks
| Hippo Holdings Inc | -8.90% |
| Lemonade Inc | -49.56% |
| Skyward Specialty Insurance Group Inc | 12.14% |
| Erie Indemnity Co | 13.03% |
| Enact Holdings Inc | 58.36% |
Profit Margin (Quarterly) Related Metrics
| Return on Equity | -9.03% |
| Return on Assets | -1.07% |
| Return on Invested Capital | -3.25% |