Root, Inc. Annual Return On Equity in % from 2020 to 2023

Taxonomy & unit
ratio: %
Description
Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
Summary
Root, Inc. quarterly/annual Return On Equity history and growth rate from 2020 to 2023.
  • Root, Inc. Return On Equity for the quarter ending September 30, 2024 was -9.15 %, a 88.5% increase year-over-year.
  • Root, Inc. annual Return On Equity for 2023 was -73.6 %, a 10.5% increase from 2022.
  • Root, Inc. annual Return On Equity for 2022 was -82.3 %, a 13.2% decline from 2021.
  • Root, Inc. annual Return On Equity for 2021 was -72.7 %, a 124% decline from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -73.6 +8.63 +10.5% Jan 1, 2023 Dec 31, 2023
2022 -82.3 -9.59 -13.2% Jan 1, 2022 Dec 31, 2022
2021 -72.7 -374 -124% Jan 1, 2021 Dec 31, 2021
2020 302 Jan 1, 2020 Dec 31, 2020
* An asterisk sign (*) next to the value indicates that the value is likely invalid.