Root (ROOT) Revenue & Revenue Breakdown
Root Revenue Highlights
Latest Revenue (Y)
$455.00M
Latest Revenue (Q)
$254.90M
Root Revenue by Period
Root Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $455.00M | 46.40% |
| 2022-12-31 | $310.80M | -10.02% |
| 2021-12-31 | $345.40M | -0.40% |
| 2020-12-31 | $346.80M | 19.50% |
| 2019-12-31 | $290.20M | 570.21% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $254.90M | 30.85% |
| 2023-12-31 | $194.80M | 68.95% |
| 2023-09-30 | $115.30M | 54.14% |
| 2023-06-30 | $74.80M | 6.70% |
| 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 | $93.80M | 4.45% |
| 2021-06-30 | $89.80M | 30.90% |
| 2021-03-31 | $68.60M | 34.77% |
| 2020-12-31 | $50.90M | 0.79% |
| 2020-09-30 | $50.50M | -58.40% |
| 2020-06-30 | $121.40M | -2.10% |
| 2020-03-31 | $124.00M | 16.43% |
| 2019-12-31 | $106.50M | 33.79% |
| 2019-09-30 | $79.60M | 52.93% |
| 2019-06-30 | $52.05M | - |
| 2019-03-31 | $52.05M | - |
Root generated $254.90M in revenue during Q1 2024, up 30.85% compared to the previous quarter, and up 357.50% compared to the same period a year ago.
Root Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| KMPR | Kemper | $4.94B | $1.13B |
| RLI | RLI | $1.51B | $416.44M |
| HMN | Horace Mann Educators | $1.49B | $388.10M |
| UVE | Universal Insurance | $1.39B | $377.92M |
| PRA | ProAssurance | $1.14B | $290.36M |
| HRTG | Heritage Insurance | $735.50M | $191.30M |
| HCI | HCI Group | $550.67M | $206.25M |
| GBLI | Global Indemnity Group | $528.13M | $108.69M |
| ROOT | Root | $455.00M | $254.90M |
| UIHC | United Insurance | $286.54M | $79.30M |
| KINS | Kingstone Companies | $123.14M | $31.20M |
| SIGI | Selective Insurance Group | $101.17M | $1.19B |
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 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). The company's quarterly revenue for Q4 2023 was $194.8M, a 68.95% increase from the previous quarter (Q3 2023), and a 173.21% increase year-over-year (Q4 2022). ROOT's quarterly revenue for Q3 2023 was $115.3M, a 54.14% increase from the previous quarter (Q2 2023), and a 56.45% increase year-over-year (Q3 2022).
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%.