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Taxonomy & unit
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ratio: %
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Description
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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.
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Summary
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Root, Inc. quarterly/annual Operating Margin history and growth rate from 2020 to 2024.
- Root, Inc. Operating Margin for the quarter ending March 31, 2024 was -10.3 %, a 86.2% increase year-over-year.
- 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, Quarterly (% [USD])
Operating Margin, YoY Quarterly Growth (%)