RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Goosehead Insurance Stock

Goosehead Insurance ROA 2024

Goosehead Insurance ROA

0.04

Ticker

GSHD

ISIN

US38267D1090

WKN

A2JNTN

In 2024, Goosehead Insurance's return on assets (ROA) was 0.04, a 2,034.26% increase from the 0 ROA in the previous year.

Goosehead Insurance Aktienanalyse

What does Goosehead Insurance do?

Goosehead Insurance Inc is an American company that operates as an independent insurance intermediary. The company, headquartered in Westlake, Texas, was founded in 2003 by Robyn Jones and Mark E. Jones. The founders aimed to change the traditional model of insurance agencies. Through the use of modern technology, the creation of tailored insurance plans, and exceptional customer service, the company quickly gained recognition. Goosehead Insurance Inc's business model is focused on offering its customers the best insurance offers on the market. As an independent intermediary, the company works with numerous insurance companies in the United States. This allows them to provide a wide range of insurance options that are tailored to their customers' needs and preferences. Goosehead Insurance Inc operates in various areas, including auto, home, life, and business insurance. With a diverse portfolio of offerings, the company can help its customers obtain all necessary insurance coverage. In the auto insurance sector, Goosehead Insurance Inc offers various options, including liability and comprehensive insurance, both of which provide coverage for damages to other vehicles or property in the event of an accident. Comprehensive insurance also offers additional coverage for damages to one's own vehicle. In the home insurance sector, the company offers insurance for both single-family homes and apartments. The insurance policies cover damages to the residence or property and the customers' belongings. In the life insurance sector, Goosehead Insurance Inc offers various types of policies, including permanent and term insurance. Permanent insurance provides constant coverage over a longer period of time, while term insurance offers coverage for a specific period, such as 10 or 20 years. In the business insurance sector, Goosehead Insurance Inc offers various options, including insurance for commercial liability protection and transportation insurance. Business customers can discuss their specific insurance needs with the company to receive a customized package. Another important factor of Goosehead Insurance Inc is its customer service. The company ensures that its customers receive the best possible support. Individual needs and preferences are taken into account to find the best insurance solution. Customers can contact the company through various channels and receive prompt and professional assistance. By successfully implementing its business model, Goosehead Insurance Inc has become a key player in the insurance market. The company has over 1,000 employees and works with a variety of insurance companies to offer its customers a comprehensive selection of insurance options. Overall, Goosehead Insurance Inc offers a modern and innovative way to obtain insurance coverage. The company has improved a traditional business model through the use of new technologies and a high level of customer service. Customers are provided with a wide range of insurance options tailored to their individual needs. Goosehead Insurance ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Goosehead Insurance's Return on Assets (ROA)

Goosehead Insurance's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Goosehead Insurance's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Goosehead Insurance's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Goosehead Insurance’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Goosehead Insurance stock

What is the Return on Assets (ROA) of Goosehead Insurance this year?

The Return on Assets (ROA) of Goosehead Insurance is 0.04 undefined this year.

What was the ROA of Goosehead Insurance compared to the previous year?

The ROA of Goosehead Insurance has increased by 2,034.26% compared to the previous year.

What consequences do high ROA have for investors of Goosehead Insurance?

A high ROA is advantageous for investors of Goosehead Insurance, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Goosehead Insurance?

A low ROA can be unfavorable for investors of Goosehead Insurance as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Goosehead Insurance affect the company?

An increase in ROA of Goosehead Insurance can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Goosehead Insurance impact the company?

A reduction in the ROA of Goosehead Insurance can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Goosehead Insurance?

Some factors that can influence the ROA of Goosehead Insurance include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Goosehead Insurance important for investors?

The ROA of Goosehead Insurance is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Goosehead Insurance take to improve ROA?

To improve ROA, Goosehead Insurance can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Goosehead Insurance pay?

Over the past 12 months, Goosehead Insurance paid a dividend of 1.63 USD . This corresponds to a dividend yield of about 1.51 %. For the coming 12 months, Goosehead Insurance is expected to pay a dividend of 8.7 USD.

What is the dividend yield of Goosehead Insurance?

The current dividend yield of Goosehead Insurance is 1.51 %.

When does Goosehead Insurance pay dividends?

Goosehead Insurance pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Goosehead Insurance?

Goosehead Insurance paid dividends every year for the past 6 years.

What is the dividend of Goosehead Insurance?

For the upcoming 12 months, dividends amounting to 8.7 USD are expected. This corresponds to a dividend yield of 8.06 %.

In which sector is Goosehead Insurance located?

Goosehead Insurance is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Goosehead Insurance kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Goosehead Insurance from 8/23/2021 amounting to 1.629 USD, you needed to have the stock in your portfolio before the ex-date on 8/6/2021.

When did Goosehead Insurance pay the last dividend?

The last dividend was paid out on 8/23/2021.

What was the dividend of Goosehead Insurance in the year 2023?

In the year 2023, Goosehead Insurance distributed 0 USD as dividends.

In which currency does Goosehead Insurance pay out the dividend?

The dividends of Goosehead Insurance are distributed in USD.

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Andere Kennzahlen von Goosehead Insurance

Our stock analysis for Goosehead Insurance Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Goosehead Insurance Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.