Company / Interest Expense
Root, Inc. Interest Expense History
FY2018-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$46.1M
FY2023
5-year range
$22.3M / $77.7M
FY2019-FY2023
Trend
-40.7%
vs FY2022
Sector context
#184 of 218
Financials
What the data says
Root, Inc.'s interest expense of $46M is lower than 84% of companies in the Financials sector (FY2023). Interest Expense has fluctuated over the past 6 years, ranging from $900,000 in FY2018 to $78M in FY2022.
Based on SEC 10-K filings.
$46M in FY2023 with a 5-year CAGR of +119.7%.
Increased from $22M to $46M over the past 2 years.
Financials sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -16.0%
- 5-Year CAGR
- +119.7%
- 10-Year CAGR
- -
Sector benchmark
Top 16% in FinancialsTop 16% of 218This company $46.1M Sector average $946.4M
▼
-95.1% below sector average
Key checks
Key Insights
- 5-year CAGR of +119.7%, indicating consistent growth.
- In FY2023, interest expense decreased 40.7% year-over-year.
- Ranks #184 out of 218 companies in the Financials sector.
- Peak interest expense was recorded in FY2022.
Company context
Key Data Points
- Altman Z-Score 0.27 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
- Strong return on equity: 21.6%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $46.1M | -40.7% |
| FY2022 | $77.7M | +248.4% |
| FY2021 | $22.3M | -71.3% |
| FY2020 | $77.7M | +248.4% |
| FY2019 | $22.3M | +2377.8% |
| FY2018 | $900.0K | - |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026