ROOTNasdaqFire, Marine & Casualty InsuranceFiscal year ends December 31
Root, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$52.32+1.85 (+3.67%)
Close on Oct 19, 2026
- Market cap
- $889.44M
- P/E (TTM)
- 14.8
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2017 to 2025
Operating margin
4.1%+86.3 pts over 5 years
Net margin
2.7%+107.3 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +29.0% | +69.6% | +34.3% | – | |
| Operating income | -21.3% | – | – | – | |
| Net income | +30.4% | – | – | – | |
| EPS, diluted | +29.0% | – | – | – | |
| Free cash flow | +5.7% | – | – | – |
Returns and balance sheet
9 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | -110.4% | 16.5% | |
| Return on assets | – | -29.1% | 2.5% | |
| Interest coverage | – | -3.7× | 2.9× | |
| Capex to revenue | – | 0.5% | 0.0% | |
| Diluted shares | – | 4M | 17M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Root generated $1.05B from operations and spent $5.20M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$1.05B
Used
$5.20M
Capital expenditure$5.20M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin2.7%
×Asset turnover0.96×
×Equity multiplier6.50×
=Return on equity, FY202516.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 2.7% | 0.96× | 6.50× | 16.5% |
| FY2024 | 2.6% | 0.83× | 7.70× | 16.7% |
| FY2023 | -32.4% | 0.34× | 6.01× | -66.6% |
| FY2022 | -95.8% | 0.24× | 3.24× | -73.2% |
| FY2021 | -150.9% | 0.22× | 1.97× | -66.5% |
| FY2020 | -104.7% | 0.28× | 3.79× | -110.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$40.30M
- Cash generatingOperating cash flow above zero$206.50M
- Return on assets improvedROA up on the prior year2.3% → 2.7%
- Earnings backed by cashOperating cash flow above net income$206.50M vs $40.30M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise17M → 17M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.87 → 1.01