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Root (ROOT) Revenue & Revenue Breakdown

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Root Revenue Highlights

Latest Revenue (Y)

$455.00M

Latest Revenue (Q)

$305.70M

Root Revenue by Period

Root Revenue by Year

DateRevenueChange
2023-12-31$455.00M46.40%
2022-12-31$310.80M-10.02%
2021-12-31$345.40M-0.40%
2020-12-31$346.80M19.50%
2019-12-31$290.20M570.21%
2018-12-31$43.30M-

Root generated $455.00M in revenue during NA 2023, up 46.40% compared to the previous quarter, and up 1050.81% compared to the same period a year ago.

Root Revenue by Quarter

DateRevenueChange
2024-09-30$305.70M5.71%
2024-06-30$289.20M13.46%
2024-03-31$254.90M30.85%
2023-12-31$194.80M68.95%
2023-09-30$115.30M54.14%
2023-06-30$74.80M6.70%
2023-03-31$70.10M-1.68%
2022-12-31$71.30M-3.26%
2022-09-30$73.70M-8.33%
2022-06-30$80.40M-5.85%
2022-03-31$85.40M-8.37%
2021-12-31$93.20M-0.64%
2021-09-30$93.80M4.45%
2021-06-30$89.80M30.90%
2021-03-31$68.60M34.77%
2020-12-31$50.90M0.79%
2020-09-30$50.50M-58.40%
2020-06-30$121.40M-2.10%
2020-03-31$124.00M16.43%
2019-12-31$106.50M33.79%
2019-09-30$79.60M52.93%
2019-06-30$52.05M-
2019-03-31$52.05M-

Root generated $305.70M in revenue during Q3 2024, up 5.71% compared to the previous quarter, and up 408.69% compared to the same period a year ago.

Root Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
KMPRKemper$4.94B$1.18B
RLIRLI$1.51B$470.00M
HMNHorace Mann Educators$1.49B$412.10M
UVEUniversal Insurance$1.39B$385.45M
PRAProAssurance$1.14B$290.36M
HRTGHeritage Insurance$735.50M$211.85M
HCIHCI Group$550.67M$175.32M
GBLIGlobal Indemnity Group$528.13M$108.69M
ROOTRoot$455.00M$305.70M
UIHCUnited Insurance$286.54M$79.30M
KINSKingstone Companies$123.14M$40.77B
SIGISelective Insurance Group$101.17M$1.24B

ROOT Revenue FAQ

What is Root’s yearly revenue?

Root's yearly revenue for 2023 was $455M, representing an increase of 46.40% compared to 2022. The company's yearly revenue for 2022 was $310.8M, representing a decrease of -10.02% compared to 2021. ROOT's yearly revenue for 2021 was $345.4M, representing a decrease of -0.40% compared to 2020.

What is Root’s quarterly revenue?

Root's quarterly revenue for Q3 2024 was $305.7M, a 5.71% increase from the previous quarter (Q2 2024), and a 165.13% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $289.2M, a 13.46% increase from the previous quarter (Q1 2024), and a 286.63% increase year-over-year (Q2 2023). ROOT's quarterly revenue for Q1 2024 was $254.9M, a 30.85% increase from the previous quarter (Q4 2023), and a 263.62% increase year-over-year (Q1 2023).

What is Root’s revenue growth rate?

Root's revenue growth rate for the last 3 years (2021-2023) was 31.73%, and for the last 5 years (2019-2023) was 56.79%.