Root (ROOT) Tax Rate % : 0.00% (As of Dec. 2024)

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What is Root Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Root's Tax Expense for the three months ended in Dec. 2024 was $0 Mil. Root's Pre-Tax Income for the three months ended in Dec. 2024 was $22 Mil. Therefore, Root's Tax Rate % for the quarter that ended in Dec. 2024 was 0.00%.

Root Tax Rate % Historical Data

The historical data trend for Root's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Root Tax Rate % Chart

Root Annual Data

Trend

Dec18

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Dec20

Dec21

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Dec24

Tax Rate %

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Root Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															-	-	-	-	-

Root Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Root's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	0	/	30.9
	=	0.00 %

Root's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	0	/	22.1
	=	0.00 %

Root Tax Rate % Related Terms

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Root Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Root Inc (NAS:ROOT) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

80 East Rich Street, Suite 500, Columbus, OH, USA, 43215

Website

https://inc.joinroot.com

Root Inc develops and launches a direct-to-consumer personal automobile insurance and mobile technology company. The company is a direct-to-consumer personal auto insurance, renters insurance and mobile technology company. It generates revenue from the sales of auto insurance policies within the United States.

Executives

Doug Ulman	director	C/O ROOT, INC., 80 E RICH STREET, SUITE 500, COLUMBUS OH 43215
Jonathan Allison	officer: Chief Administrative Officer	ROOT, INC., 80 E. RICH STREET, SUITE 500, COLUMBUS OH 43215
Julie Szudarek	director	80 E. RICH STREET, SUITE 500, COLUMBUS OH 43215
Meyer Malka	10 percent owner	364 UNIVERSITY AVENUE, PALO ALTO CA 94301
Beth A Birnbaum	director	C/O 111 RIVER STREET, HOBOKEN NJ 07030
Donna Dorsey	director	ROOT, INC., 80 E. RICH STREET, SUITE 500, COLUMBUS OH 43215
Mahtiyar Bonakdarpour	officer: Chief Technology Officer	80 E. RICH STREET, SUITE 500, COLUMBUS OH 43215
Bullfrog Capital Gp, Ltd.	10 percent owner	364 UNIVERSITY AVENUE, PALO ALTO CA 94301
Bullfrog Capital, L.p.	10 percent owner	364 UNIVERSITY AVENUE, PALO ALTO CA 94301
Robert H. Bateman	officer: Chief Financial Officer	ONE HARTFORD PLAZA, HARTFORD CT 06155
Daniel H Rosenthal	director, officer: Chief Financial Officer	C/O ROOT, INC., 80 E RICH STREET, SUITE 500, COLUMBUS OH 43215
Lawrence A. Hilsheimer	director	425 WINTER ROAD, DELAWARE OH 43015
Hemal Shah	officer: Chief Product Officer	80 E. RICH STREET, SUITE 500, COLUMBUS OH 43215
Carvana Co.	10 percent owner	300 E. RIO SALADO PARKWAY, TEMPE AZ 85281
Carvana Group, Llc	10 percent owner	1930 W. RIO SALADO PKWY, TEMPE AZ 85281