Root, Inc.

NasdaqGS ROOT

Root, Inc. Return on Assets (ROA) for the Trailing 12 Months (TTM) ending September 30, 2024

Root, Inc. Return on Assets (ROA) is NA for the Trailing 12 Months (TTM) ending September 30, 2024. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.

Root, Inc. Return on Assets (ROA) for the Trailing 12 Months (TTM) ending September 30, 2023 was -0.68%, a 94.87% change year over year.
Root, Inc. Return on Assets (ROA) for the Trailing 12 Months (TTM) ending September 30, 2022 was -13.24%, a 60.01% change year over year.
Root, Inc. Return on Assets (ROA) for the Trailing 12 Months (TTM) ending September 30, 2021 was -33.11%.

Key data

Date	Return on Assets (ROA)	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio

NasdaqGS: ROOT

Root, Inc.

CEO	Mr. Alexander Edward Timm
IPO Date	Oct. 28, 2020
Location	United States
Headquarters	80 East Rich Street
Employees	680
Sector	Finance
Industries Insurance

Description

Root, Inc. provides insurance products and services in the United States. The company offers automobile, homeowners, and renters insurance products. The company operates a direct-to-consumer model and serves customers primarily through mobile applications, as well as through its website. Its direct distribution channels also cover digital, media, and referral channels, as well as distribution partners and agencies. The company was incorporated in 2015 and is headquartered in Columbus, Ohio.

Key trends

Past 5 years