Selectquote Inc

NYSE SLQT

Download Data

Selectquote Inc Research and Development (R&D) Expense Ratio 5 year CAGR for the quarter ending March 31, 2024: -2.07%

Selectquote Inc Research and Development (R&D) Expense Ratio 5 year CAGR is -2.07% for the quarter ending March 31, 2024. The RD expense ratio measures the proportion of a company's research and development (R&D) expenses to its revenue. It is calculated by dividing the R&D expenses by the revenue. This ratio indicates the level of investment in R&D relative to the company's revenue generation. A higher ratio suggests a greater allocation of resources towards research and development activities, indicating a focus on innovation and potential future growth. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Selectquote Inc Research and Development (R&D) Expense Ratio for the quarter ending March 31, 2023 was 2.15%, a -8.14% change year over year.
  • Selectquote Inc Research and Development (R&D) Expense Ratio for the quarter ending March 31, 2022 was 2.34%, a 28.49% change year over year.
  • Selectquote Inc Research and Development (R&D) Expense Ratio for the quarter ending March 31, 2021 was 1.82%, a -5.56% change year over year.
  • Selectquote Inc Research and Development (R&D) Expense Ratio for the quarter ending March 31, 2020 was 1.93%, a -24.02% change year over year.
NYSE: SLQT

Selectquote Inc

CEO Mr. Timothy Robert Danker
IPO Date May 21, 2020
Location United States
Headquarters 6800 West 115th Street, Overland Park, KS, United States, 66211
Employees 4,186
Sector Financial Services
Industry Insurance brokers
Description

SelectQuote, Inc. operates a technology-enabled, direct-to-consumer distribution platform that sells a range of insurance products and healthcare services in the United States. The company operates through three segments: Senior; Life; and Auto & Home. It distributes senior health policies, such as medicare advantage, medicare supplement, medicare part D, and other ancillary senior health insurance related products, including prescription drugs, dental, vision, and hearing plans; life insurance products, such as term life, final expense, and other ancillary products, including critical illness, accidental death, and juvenile insurance; homeowners, auto, dwelling fire, and other ancillary insurance products; and non-commercial auto and home property, and casualty policies. The company also provides SelectRx, an accredited patient-centered pharmacy home pharmacy, which offers essential prescription medications, OTC medications, customized medication packaging, medication therapy management, and long-term pharmacy care; and population health that helps members understand the benefits available under their health plans, and contracts with insurance carriers. SelectQuote, Inc. was incorporated in 1999 and is headquartered in Overland Park, Kansas.

Similar companies

GOCO

GoHealth Inc.

NA

NA

StockViz Staff

September 20, 2024

Any question? Send us an email