Root, Inc. financial data

Symbol
ROOT on Nasdaq
Industry
Fire, Marine & Casualty Insurance
Location
80 E Rich Street, Suite 500, Columbus, OH
State of incorporation
DE
Fiscal year end
December 31
Former names
Root Stockholdings, Inc. (to 9/17/2020)
Latest financial report
10-K - Q4 2024 - Feb 26, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 688 % +47.6%
Return On Equity 17.6 %
Return On Assets 2.06 %
Operating Margin 6.67 %

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 514M USD +539%
Weighted Average Number of Shares Outstanding, Basic 14.9M shares +3.47%
Weighted Average Number of Shares Outstanding, Diluted 16.9M shares +17.4%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 1.18B USD +159%
Selling and Marketing Expense 136M USD +175%
General and Administrative Expense 69.5M USD -16.6%
Operating Income (Loss) 78.5M USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 30.9M USD
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent 30.9M USD
Earnings Per Share, Basic 1.96 USD/shares
Earnings Per Share, Diluted 1.83 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 599M USD -11.7%
Property, Plant and Equipment, Net 1.8M USD -35.7%
Operating Lease, Right-of-Use Asset 2.6M USD -25.7%
Assets 1.5B USD +11%
Liabilities 1.18B USD +10.3%
Accumulated Other Comprehensive Income (Loss), Net of Tax -2.3M USD +8%
Retained Earnings (Accumulated Deficit) -1.68B USD +1.94%
Stockholders' Equity Attributable to Parent 204M USD +22.9%
Liabilities and Equity 1.5B USD +11%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 14.5M USD
Net Cash Provided by (Used in) Financing Activities -400K USD
Net Cash Provided by (Used in) Investing Activities -52.3M USD -5911%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -38.2M USD +53.9%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 600M USD -11.7%
Deferred Tax Assets, Valuation Allowance 346M USD -2.95%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 355M USD -2.28%
Operating Lease, Liability 6M USD -26.8%
Payments to Acquire Property, Plant, and Equipment 200K USD
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 31.1M USD
Lessee, Operating Lease, Liability, to be Paid 7.1M USD -29.7%
Property, Plant and Equipment, Gross 15.8M USD -1.86%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.3M USD +4.55%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.2M USD -26.7%
Operating Lease, Weighted Average Discount Rate, Percent 0.12 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.1M USD -42.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.4M USD +4.35%
Deferred Tax Assets, Operating Loss Carryforwards 272M USD -3.21%
Preferred Stock, Shares Issued 14.1M shares 0%
Preferred Stock, Shares Authorized 100M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 200K USD -91.7%
Additional Paid in Capital 1.89B USD +0.24%
Preferred Stock, Shares Outstanding 14.1M shares 0%
Deferred Tax Assets, Net of Valuation Allowance 9.3M USD +31%
Share-based Payment Arrangement, Expense 18.5M USD +6.94%
Interest Expense 46.6M USD +15.9%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%