ROOT FY 2024 Earnings — Root, Inc. Revenue & Financial Results | Market Cap Arena

ROOTRoot, Inc.

$619M

FY 2024 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$1.2B+158.6% YoY

Gross Profit

$337M28.7% margin

Operating Income

$31M2.6% margin

Net Income

$31M2.6% margin

EPS (Diluted)

$1.83

Cash Flow

Operating Cash Flow

$196M

Free Cash Flow

$184M

Stock-Based Comp.

$22M

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$1.3B

Stockholders' Equity

$204M

Cash & Equivalents

$599M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.2B	$455M	+158.6%
Gross Profit	$337M	$76M	+343.0%
Operating Income	$31M	-$147M	+121.0%
Net Income	$31M	-$147M	+121.0%