$56.430
+1.422 (+2.52%)At close
ROOT Profitability and Margins
Evaluating the bottom line, Root Inc maintains a gross margin of N/A. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 9.91%, while the net margin is 6.45%. These profitability ratios, combined with a Return on Equity (ROE) of 20.33%, provide a clear picture of how effectively ROOT converts its operational activities into shareholder value.
ROOT Comparative Benchmarking
In the context of the broader market, ROOT competes directly with industry leaders such as CRD.A and WDH. With a market capitalization of $874.28M, it holds a leading position in the sector. When comparing efficiency, ROOT's gross margin of N/A stands against CRD.A's 29.55% and WDH's 60.81%. Such benchmarking helps identify whether Root Inc is trading at a premium or discount relative to its financial performance.
Root Inc Financial Performance
Root Inc. has shown a significant improvement in profitability, reporting a Q2 EPS of $1.49, which exceeded expectations by $0.59. However, the revenue of $389.2 million fell short of expectations, highlighting ongoing challenges.
Financials
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.