Root Insurance
ROOT
$69.91
Share price
0.37%
Change (1 day)
1,548.82%
Change (1 year)
Categories
Operating Margin for Root Insurance (ROOT)
Operating Margin as of May 2024 (TTM): -85.65%
According to Root Insurance 's latest financial reports and stock price the company's current Operating Margin is -85.65%. At the end of 2021 the company had an Operating Margin of -145.08%.
Operating Margin history for Root Insurance from 2020 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -145.08% | 76.35% |
| 2020 | -82.27% | -8.21% |
| 2019 | -89.63% | -43.1% |
| 2018 | -157.51% |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.