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Root, Inc.(ROOT)Earnings, Financials & Key Ratios
ROOT•NASDAQ•Insurance & Managed Care
$55.05
$772M mkt cap·24.6× P/E·Price updated May 6, 2026
SectorFinancial ServicesIndustryProperty & Casualty InsuranceSub-IndustryPersonal auto and homeowners insurers
AboutRoot, Inc. provides insurance products and services in the United States. The company offers automobile, homeowners, and renters insurance products. The company operates a direct-to-consumer model and serves customers primarily through mobile applications, as well as through its website. Its direct distribution channels also cover digital, media, and referral channels, as well as distribution partners and agencies. The company was incorporated in 2015 and is headquartered in Columbus, Ohio.Show more
- Revenue$1.52B+29.0%
- Combined Ratio97.31%
- Net Income$40M+30.4%
- Return on Equity11.32%+8.7%
- Medical Cost Ratio74.52%+4.4%
- Operating Margin2.69%+2.4%
- Net Margin2.66%+1.1%
- ROA2.82%+13.8%
- Equity / Assets25.76%+7.7%
- Book Value per Share23.04+23.3%
- Tangible BV/Share21.44+23.3%
- Debt/Equity0.51-20.7%
ROOT Key Insights
Root, Inc. (ROOT) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
No significant strengths identified
✗Weaknesses
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
ROOT Price & Volume
Root, Inc. (ROOT) stock price & volume — 10-year historical chart
Loading chart...
ROOT Growth Metrics
Root, Inc. (ROOT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years34.33%
3 Years69.63%
TTM22.83%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM1.08%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM4.38%
Return on Capital
10 Years-32.38%
5 Years-16.37%
3 Years-2.67%
Last Year3.82%
ROOT Recent Earnings
Root, Inc. (ROOT) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 12/12 qtrs (100%)●Beat Revenue 11/12 qtrs (92%)
Q1 2026Latest
Feb 25, 2026EPS
$0.31
Est $0.03
+933.3%
Revenue
$397M
Est $383M
+3.6%
Q4 2025
Nov 5, 2025EPS
$0.35
Est $0.43
+18.6%
Revenue
$388M
Est $382M
+1.6%
Q3 2025
Aug 6, 2025EPS
$1.29
Est $1.06
+21.7%
Revenue
$383M
Est $339M
+12.9%
Q2 2025
May 7, 2025EPS
$1.07
Est $0.45
+137.8%
Revenue
$9M
Est $307M
-96.9%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 25, 2026 | $0.31vs $0.03+933.3% | $397Mvs $383M+3.6% |
| Q4 2025 | Nov 5, 2025 | $0.35vs $0.43+18.6% | $388Mvs $382M+1.6% |
| Q3 2025 | Aug 6, 2025 | $1.29vs $1.06+21.7% | $383Mvs $339M+12.9% |
| Q2 2025 | May 7, 2025 | $1.07vs $0.45+137.8% | $9Mvs $307M-96.9% |
Based on last 12 quarters of dataView full earnings history →
ROOT Peer Comparison
Root, Inc. (ROOT) competitors in Personal auto and homeowners insurers — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 LMND | 4.07B | 53.00 | -23.04 | 40.15% | -16.92% | -26.52% | 0.34 | |
 HIPO | 712.99M | 27.39 | 12.34 | 25.93% | 23.45% | 27.43% | 0.12 | |
 OSCR | 5.14B | 19.84 | -11.74 | 27.5% | -0.3% | -3.26% | 0.44 | |
 PGR | 115.34B | 196.80 | 13.67 | 21.36% | 12.58% | 30.23% | 0.27 | |
 SAFT | 1.09B | 74.30 | 11.09 | 13.01% | 7.91% | 11.29% | 0.07 | |
 KMPR | 1.92B | 32.74 | 14.30 | 3.62% | 0.83% | 1.43% | 0.38 | |
 ERIE | 9.86B | 213.56 | 20.11 | 7.17% | 13.2% | 25.03% | ||
 ACGL | 33.74B | 94.70 | 8.15 | 14.27% | 22.07% | 19.02% | 0.11 |
Compare ROOT vs Peers
Root, Inc. (ROOT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
ROOT Income Statement
Root, Inc. (ROOT) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 43.3M | 290.2M | 346.8M | 345.4M | 310.8M | 455M | 1.18B | 1.52B | 1.56B |
| Revenue Growth % | - | 570.21% | 19.5% | -0.4% | -10.02% | 46.4% | 158.57% | 28.95% | 22.83% |
| Medical Costs & Claims | 53.7M | 373.7M | 361M | 397.3M | 343M | 378.9M | 839.4M | 1.13B | 888.2M |
| Medical Cost Ratio % | 124.02% | 128.77% | 104.09% | 115.03% | 110.36% | 83.27% | 71.35% | 74.52% | 56.89% |
| Gross Profit | -10.4M▲ 0% | -83.5M▼ 702.9% | -14.2M▲ 83.0% | -51.9M▼ 265.5% | -32.2M▲ 38.0% | 76.1M▲ 336.3% | 337.1M▲ 343.0% | 386.6M▲ 14.7% | 279.5M▲ 0% |
| Gross Margin % | -24.02% | -28.77% | -4.09% | -15.03% | -10.36% | 16.73% | 28.65% | 25.48% | 17.9% |
| Gross Profit Growth % | - | -702.88% | 82.99% | -265.49% | 37.96% | 336.34% | 342.97% | 14.68% | - |
| Operating Expenses | 58.7M | 198.9M | 348.8M | 469.2M | 265.5M | 223.5M | 306.2M | 345.8M | 609.7M |
| OpEx / Revenue % | 135.57% | 68.54% | 100.58% | 135.84% | 85.42% | 49.12% | 26.03% | 22.79% | 39.05% |
| Depreciation & Amortization | 600K | 4.9M | 15.6M | 16.6M | 13.8M | 12.6M | 14.9M | 11.8M | 9.8M |
| Combined Ratio % | 259.58% | 197.31% | 204.67% | 250.87% | 195.79% | 132.4% | 97.37% | 97.31% | 95.95% |
| Operating Income | -69.1M▲ 0% | -282.4M▼ 308.7% | -363M▼ 28.5% | -521.1M▼ 43.6% | -297.7M▲ 42.9% | -147.4M▲ 50.5% | 30.9M▲ 121.0% | 40.8M▲ 32.0% | 63.3M▲ 0% |
| Operating Margin % | -159.58% | -97.31% | -104.67% | -150.87% | -95.79% | -32.4% | 2.63% | 2.69% | 4.05% |
| Operating Income Growth % | - | -308.68% | -28.54% | -43.55% | 42.87% | 50.49% | 120.96% | 32.04% | - |
| EBITDA | -68.5M | -277.5M | -347.4M | -504.5M | -283.9M | -134.8M | 45.8M | 52.6M | 73.1M |
| EBITDA Margin % | -158.2% | -95.62% | -100.17% | -146.06% | -91.34% | -29.63% | 3.89% | 3.47% | 4.68% |
| Interest Expense | 900K | 22.3M | 77.7M | 20M | 34.6M | 46.1M | 42.2M | 21M | 20.5M |
| Non-Operating Income | -900K | -22.3M | -77.7M | -20M | -34.6M | -46.1M | -42.2M | -21M | -15.7M |
| Pretax Income | -69.1M▲ 0% | -282.4M▼ 308.7% | -363M▼ 28.5% | -521.1M▼ 43.6% | -297.7M▲ 42.9% | -147.4M▲ 50.5% | 30.9M▲ 121.0% | 40.8M▲ 32.0% | 58.5M▲ 0% |
| Pretax Margin % | -159.58% | -97.31% | -104.67% | -150.87% | -95.79% | -32.4% | 2.63% | 2.69% | 3.75% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -500K | -300K |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | -1.23% | -0.51% |
| Net Income | -69.1M▲ 0% | -282.4M▼ 308.7% | -363M▼ 28.5% | -521.1M▼ 43.6% | -297.7M▲ 42.9% | -147.4M▲ 50.5% | 30.9M▲ 121.0% | 40.3M▲ 30.4% | 56.1M▲ 0% |
| Net Margin % | -159.58% | -97.31% | -104.67% | -150.87% | -95.79% | -32.4% | 2.63% | 2.66% | 3.59% |
| Net Income Growth % | - | -308.68% | -28.54% | -43.55% | 42.87% | 50.49% | 120.96% | 30.42% | 1.08% |
| EPS (Diluted) | -6.08▲ 0% | -24.83▼ 308.4% | -86.43▼ 248.1% | -37.62▲ 56.5% | -21.11▲ 43.9% | -10.24▲ 51.5% | 1.83▲ 117.9% | 2.24▲ 22.4% | 3.26▲ 0% |
| EPS Growth % | - | -308.39% | -248.09% | 56.47% | 43.89% | 51.49% | 117.87% | 22.4% | 4.38% |
| EPS (Basic) | -6.08 | -24.83 | -86.43 | -37.62 | -21.11 | -10.24 | 1.96 | 2.49 | - |
| Diluted Shares Outstanding | 1.77M | 14.08M | 13.88M | 13.84M | 14.1M | 14.4M | 16.9M | 17.2M | 17.2M |
ROOT Balance Sheet
Root, Inc. (ROOT) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 187.1M | 685.9M | 1.52B | 1.06B | 1.09B | 1.17B | 1.32B | 1.54B | 1.68B |
| Asset Growth % | - | 266.6% | 122.29% | -30.25% | 2.48% | 7.73% | 12.42% | 16.55% | 56.06% |
| Total Investment Assets | 20.2M | 122.8M | 224.5M | 134.6M | 133.2M | 171.2M | 311.2M | 391.4M | 4M |
| Long-Term Investments | 20.2M | 122.8M | 224.5M | 134.6M | 133.2M | 171.2M | 311.2M | 391.4M | 1.08B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 157.3M | 539.3M | 1.24B | 855.1M | 875M | 926.8M | 905.6M | 1.02B | 959.7M |
| Cash & Equivalents | 122.3M | 416.6M | 1.11B | 707M | 763.1M | 679.7M | 600.3M | 689.9M | 608.9M |
| Receivables | 35M | 122.7M | 130.1M | 148.1M | 111.9M | 247.1M | 305.3M | 332.8M | 1.38B |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Goodwill & Intangibles | 0 | 0 | 8.9M | 8.9M | 16.3M | 19.2M | 22M | 27.6M | 27.6M |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 8.9M | 8.9M | 16.3M | 19.2M | 22M | 27.6M | 0 |
| PP&E (Net) | 3.8M | 10.2M | 0 | 5.1M | 9.8M | 6.3M | 4.4M | 3.2M | 0 |
| Other Assets | 5.8M | 13.6M | 47.4M | 59.8M | 55.6M | 50.7M | 76.8M | 93.5M | 0 |
| Total Liabilities | 100.2M | 499.5M | 492.3M | 415.1M | 700.8M | 896.5M | 1B | 1.14B | 1.25B |
| Total Debt | 14.9M | 191.3M | 178M | 14.1M | 298.6M | 299.3M | 202.3M | 201.3M | 200.3M |
| Net Debt | -107.4M | -225.3M | -935.8M | -692.9M | -464.5M | -380.4M | -398M | -488.6M | -408.6M |
| Long-Term Debt | 14.9M | 91.8M | 78.5M | 0 | 288.1M | 291.1M | 196.3M | 197M | 200.3M |
| Short-Term Debt | 0 | 99.5M | 99.5M | 4.3M | 3.2M | 3M | 2.2M | 2.3M | 0 |
| Total Current Liabilities | 34.5M | 227.5M | 143.8M | 83.6M | 65.5M | 238.5M | 331M | 389.7M | 0 |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 34.5M | 128M | 44.3M | 79.3M | 62.3M | 235.5M | 328.8M | 387.4M | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 50.8M | 180.2M | 270M | 321.7M | 339.9M | 361.7M | 473.2M | 553.4M | 0 |
| Total Equity | 86.9M▲ 0% | 186.4M▲ 114.5% | 1.03B▲ 453.9% | 648.4M▼ 37.2% | 389.1M▼ 40.0% | 277.7M▼ 28.6% | 315.7M▲ 13.7% | 396.3M▲ 25.5% | 325.9M▲ 0% |
| Equity Growth % | - | 114.5% | 453.86% | -37.19% | -39.99% | -28.63% | 13.68% | 25.53% | 84.86% |
| Shareholders Equity | 86.9M | 186.4M | 1.03B | 648.4M | 389.1M | 277.7M | 315.7M | 396.3M | 325.9M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | -102.6M | -385M | -748M | -1.27B | -1.57B | -1.72B | -1.68B | -1.64B | 0 |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 600K | 5.6M | 400K | -5.8M | -2.5M | -2.3M | 3.9M | 400K |
| Return on Equity (ROE) | -79.52% | -206.66% | -59.57% | -62.01% | -57.39% | -44.21% | 10.41% | 11.32% | 15.42% |
| Return on Assets (ROA) | -36.93% | -64.7% | -32.84% | -40.27% | -27.65% | -13.02% | 2.48% | 2.82% | 3.66% |
| Equity / Assets | 46.45% | 27.18% | 67.71% | 60.97% | 35.7% | 23.65% | 23.92% | 25.76% | 19.34% |
| Debt / Equity | 0.17x | 1.03x | 0.17x | 0.02x | 0.77x | 1.08x | 0.64x | 0.51x | 0.51x |
| Book Value per Share | 49.03 | 13.24 | 74.38 | 46.83 | 27.60 | 19.28 | 18.68 | 23.04 | 18.95 |
| Tangible BV per Share | 49.03 | 13.24 | 73.74 | 46.19 | 26.44 | 17.95 | 17.38 | 21.44 | 18.95 |
ROOT Cash Flow Statement
Root, Inc. (ROOT) cash flow — operating, investing & free cash flow history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -26.1M | -127.2M | -287.2M | -403.4M | -210.6M | -33.6M | 195.7M | 206.5M | 206.5M |
| Operating CF Growth % | - | -387.36% | -125.79% | -40.46% | 47.79% | 84.05% | 682.44% | 5.52% | -64.33% |
| Operating CF / Revenue % | -60.28% | -43.83% | -82.81% | -116.79% | -67.76% | -7.38% | 16.63% | 13.61% | 13.23% |
| Net Income | -69.1M | -282.4M | -363M | -521.1M | -297.7M | -147.4M | 30.9M | 40.3M | 56.1M |
| Depreciation & Amortization | 600K | 4.9M | 15.6M | 16.6M | 13.8M | 12.6M | 14.9M | 11.8M | 12.9M |
| Stock-Based Compensation | 100K | 1.4M | 3.7M | 28.1M | 45M | 34.7M | 22.3M | 40.1M | 61.9M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 300K | 29.6M | 112.2M | 20.7M | 16M | 13.8M | 39M | 55.9M | -9.3M |
| Working Capital Changes | 42M | 119.3M | -55.7M | 52.3M | 12.3M | 52.7M | 88.6M | 58.4M | 67.4M |
| Cash from Investing | -20.6M | -114M | -114.1M | 76.9M | -16.6M | -45.7M | -154.4M | -91.7M | -164.5M |
| Capital Expenditures | -1.2M | -6.6M | -1.8M | -4.6M | -10.1M | -200K | -400K | -14.1M | -12.1M |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchase of Investments | -40.3M | -138.1M | -158.4M | -17M | -47.7M | -76M | -197.8M | -147.4M | -219.6M |
| Sale/Maturity of Investments | 23.2M | 36.2M | 60.4M | 105.1M | 41.2M | 39.7M | 55.2M | 69.8M | 70.7M |
| Other Investing | -2.3M | -5.5M | -14.3M | -6.6M | 0 | -9.2M | -11.4M | 0 | -3.5M |
| Cash from Financing | 150.9M | 535.5M | 1.1B | -80.3M | 283.3M | -4.1M | -120.7M | -25.2M | -26.1M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | -200K | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock Issued | 0 | 0 | 1.1B | 0 | 0 | 0 | 0 | 300K | 100K |
| Debt Issuance (Net) | 0 | 1000K | -1000K | -1000K | 1000K | 0 | -1000K | 0 | 0 |
| Other Financing | 100K | 11.9M | 2.1M | 3.2M | 300K | -1.1M | -15M | -25.5M | -26.2M |
| Net Change in Cash | 104.2M▲ 0% | 294.3M▲ 182.4% | 697.2M▲ 136.9% | -406.8M▼ 158.3% | 56.1M▲ 113.8% | -83.4M▼ 248.7% | -79.4M▲ 4.8% | 89.6M▲ 212.8% | -1.6M▲ 0% |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 18.1M | 122.3M | 416.6M | 1.11B | 707M | 763.1M | 679.7M | 600.3M | 689.9M |
| Cash at End | 122.3M | 416.6M | 1.11B | 707M | 763.1M | 679.7M | 600.3M | 689.9M | 608.9M |
| Free Cash Flow | -29.6M▲ 0% | -139.3M▼ 370.6% | -303.3M▼ 117.7% | -414.6M▼ 36.7% | -220.7M▲ 46.8% | -43M▲ 80.5% | 183.9M▲ 527.7% | 192.4M▲ 4.6% | 180.9M▲ 0% |
| FCF Growth % | - | -370.61% | -117.73% | -36.7% | 46.77% | 80.52% | 527.67% | 4.62% | -7.94% |
| FCF Margin % | -68.36% | -48% | -87.46% | -120.03% | -71.01% | -9.45% | 15.63% | 12.68% | 11.59% |
| FCF per Share | -16.7 | -9.89 | -21.85 | -29.95 | -15.65 | -2.99 | 10.88 | 11.19 | 11.19 |
ROOT Key Ratios
Root, Inc. (ROOT) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|
| Combined Ratio | 197.31% | 204.67% | 250.87% | 195.79% | 132.4% | 97.37% | 97.31% | 95.95% |
| Medical Cost Ratio | 128.77% | 104.09% | 115.03% | 110.36% | 83.27% | 71.35% | 74.52% | 56.89% |
| Return on Equity (ROE) | -206.66% | -59.57% | -62.01% | -57.39% | -44.21% | 10.41% | 11.32% | 15.42% |
| Return on Assets (ROA) | -64.7% | -32.84% | -40.27% | -27.65% | -13.02% | 2.48% | 2.82% | 3.66% |
| Equity / Assets | 27.18% | 67.71% | 60.97% | 35.7% | 23.65% | 23.92% | 25.76% | 19.34% |
| Book Value / Share | 13.24 | 74.38 | 46.83 | 27.6 | 19.28 | 18.68 | 23.04 | 18.95 |
| Debt / Equity | 1.03x | 0.17x | 0.02x | 0.77x | 1.08x | 0.64x | 0.51x | 0.51x |
| Revenue Growth | 570.21% | 19.5% | -0.4% | -10.02% | 46.4% | 158.57% | 28.95% | 22.83% |
ROOT SEC Filings & Documents
Root, Inc. (ROOT) SEC filings — annual & quarterly reports (10-K, 10-Q)
ROOT Frequently Asked Questions
Root, Inc. (ROOT) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Root, Inc. (ROOT) grew revenue by 29.0% over the past year. This is strong growth.
Yes, Root, Inc. (ROOT) is profitable, generating $56.1M in net income for fiscal year 2025 (2.7% net margin).
Dividend & Returns
Root, Inc. (ROOT) has a return on equity (ROE) of 11.3%. This is reasonable for most industries.
Industry Metrics
Root, Inc. (ROOT) has a combined ratio of 97.3%. A ratio below 100% indicates underwriting profitability.
Explore More ROOT
Root, Inc. (ROOT) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
Dollar cost averaging vs lump sum
Dividend History
Yield, growth, payout safety & DRIP
Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates