Root, Inc. Annual Operating Margin in % from 2019 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Root, Inc. quarterly/annual Operating Margin history and growth rate from 2019 to 2023.
  • Root, Inc. Operating Margin for the quarter ending September 30, 2024 was 3 %.
  • Root, Inc. annual Operating Margin for 2023 was -22.3 %, a 73.7% increase from 2022.
  • Root, Inc. annual Operating Margin for 2022 was -84.7 %, a 39.7% increase from 2021.
  • Root, Inc. annual Operating Margin for 2021 was -140 %, a 70.8% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -22.3 +62.4 +73.7% Jan 1, 2023 Dec 31, 2023
2022 -84.7 +55.8 +39.7% Jan 1, 2022 Dec 31, 2022
2021 -140 -58.2 -70.8% Jan 1, 2021 Dec 31, 2021
2020 -82.3 +7.36 +8.21% Jan 1, 2020 Dec 31, 2020
2019 -89.6 Jan 1, 2019 Dec 31, 2019
* An asterisk sign (*) next to the value indicates that the value is likely invalid.