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Taxonomy & unit
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ratio: %
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Description
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Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
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Summary
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Root, Inc. quarterly/annual Return On Assets history and growth rate from 2021 to 2024.
- Root, Inc. Return On Assets for the quarter ending March 31, 2024 was -8.64 %, a 55.5% increase year-over-year.
- Root, Inc. annual Return On Assets for 2023 was -11.8 %, a 43% increase from 2022.
- Root, Inc. annual Return On Assets for 2022 was -20.8 %, a 38.9% increase from 2021.
Return On Assets, Quarterly (% [USD])
Return On Assets, YoY Quarterly Growth (%)