Root Retained Earnings from 2010 to 2024

ROOT Stock  USD 99.06  2.80  2.75%   
Root Retained Earnings yearly trend continues to be comparatively stable with very little volatility. Retained Earnings are likely to outpace its year average in 2024. Retained Earnings is the cumulative amount of net income that Root Inc retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. View All Fundamentals
 
Retained Earnings  
First Reported
2019-12-31
Previous Quarter
-1.7 B
Current Value
-1.7 B
Quarterly Volatility
467.1 M
 
Covid
Check Root financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Root's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Interest Income of 34.4 M or Depreciation And Amortization of 7.2 M, as well as many indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.0 or PTB Ratio of 0.57. Root financial statements analysis is a perfect complement when working with Root Valuation or Volatility modules.
  
Check out the analysis of Root Correlation against competitors.

Latest Root's Retained Earnings Growth Pattern

Below is the plot of the Retained Earnings of Root Inc over the last few years. It is the cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. Root's Retained Earnings historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Root's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (1.72 B)10 Years Trend
Slightly volatile
   Retained Earnings   
       Timeline  

Root Retained Earnings Regression Statistics

Arithmetic Mean(549,262,667)
Coefficient Of Variation(118.64)
Mean Deviation557,896,889
Median(102,600,000)
Standard Deviation651,660,751
Sample Variance424661.7T
Range1.6B
R-Value(0.85)
Mean Square Error123467.3T
R-Squared0.73
Significance0.00005
Slope(124,501,714)
Total Sum of Squares5945264.3T

Root Retained Earnings History

2024-1.6 B
2023-1.7 B
2022-1.6 B
2021-1.3 B
2020-748 M
2019-385 M

Other Fundumenentals of Root Inc

Root Retained Earnings component correlations

0.860.89-0.93-0.870.970.920.940.760.630.930.980.960.350.870.750.89-0.660.70.540.45-0.41
0.860.99-0.95-0.620.810.630.730.710.220.980.80.880.240.60.780.71-0.840.460.290.23-0.24
0.890.99-0.94-0.710.860.710.80.680.270.980.820.880.170.670.810.79-0.770.570.390.32-0.28
-0.93-0.95-0.940.67-0.88-0.77-0.8-0.87-0.37-0.96-0.9-0.98-0.43-0.77-0.84-0.720.81-0.49-0.25-0.170.18
-0.87-0.62-0.710.67-0.92-0.94-0.95-0.39-0.64-0.71-0.81-0.720.08-0.85-0.63-0.980.23-0.93-0.79-0.680.65
0.970.810.86-0.88-0.920.940.940.70.60.890.910.90.160.860.750.94-0.530.790.540.41-0.39
0.920.630.71-0.77-0.940.940.970.610.670.730.880.810.160.950.730.92-0.310.870.630.51-0.42
0.940.730.8-0.8-0.950.940.970.560.640.80.910.830.140.920.740.96-0.410.880.730.64-0.51
0.760.710.68-0.87-0.390.70.610.560.410.760.770.870.710.620.640.44-0.780.19-0.1-0.180.18
0.630.220.27-0.37-0.640.60.670.640.410.410.710.50.430.530.030.61-0.250.490.60.54-0.43
0.930.980.98-0.96-0.710.890.730.80.760.410.880.930.30.660.730.79-0.820.530.380.3-0.29
0.980.80.82-0.9-0.810.910.880.910.770.710.880.950.490.850.670.82-0.680.620.530.46-0.42
0.960.880.88-0.98-0.720.90.810.830.870.50.930.950.490.820.790.74-0.760.50.310.23-0.29
0.350.240.17-0.430.080.160.160.140.710.430.30.490.490.220.08-0.08-0.64-0.31-0.25-0.210.2
0.870.60.67-0.77-0.850.860.950.920.620.530.660.850.820.220.820.81-0.290.780.530.43-0.4
0.750.780.81-0.84-0.630.750.730.740.640.030.730.670.790.080.820.65-0.440.60.210.13-0.13
0.890.710.79-0.72-0.980.940.920.960.440.610.790.820.74-0.080.810.65-0.340.920.770.66-0.55
-0.66-0.84-0.770.810.23-0.53-0.31-0.41-0.78-0.25-0.82-0.68-0.76-0.64-0.29-0.44-0.340.010.010.01-0.01
0.70.460.57-0.49-0.930.790.870.880.190.490.530.620.5-0.310.780.60.920.010.810.7-0.53
0.540.290.39-0.25-0.790.540.630.73-0.10.60.380.530.31-0.250.530.210.770.010.810.98-0.81
0.450.230.32-0.17-0.680.410.510.64-0.180.540.30.460.23-0.210.430.130.660.010.70.98-0.8
-0.41-0.24-0.280.180.65-0.39-0.42-0.510.18-0.43-0.29-0.42-0.290.2-0.4-0.13-0.55-0.01-0.53-0.81-0.8
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About Root Financial Statements

Root shareholders use historical fundamental indicators, such as Retained Earnings, to determine how well the company is positioned to perform in the future. Although Root investors may analyze each financial statement separately, they are all interrelated. The changes in Root's assets and liabilities, for example, are also reflected in the revenues and expenses on on Root's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Retained Earnings-1.7 B-1.6 B
Retained Earnings Total Equity-1.4 B-1.5 B

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Additional Tools for Root Stock Analysis

When running Root's price analysis, check to measure Root's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Root is operating at the current time. Most of Root's value examination focuses on studying past and present price action to predict the probability of Root's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Root's price. Additionally, you may evaluate how the addition of Root to your portfolios can decrease your overall portfolio volatility.