TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Jun 2025

Income Metrics

Revenue 382.9M
Net Income 22.0M 5.75%
EPS (Diluted) $1.29

Balance Sheet Metrics

Total Assets 1.6B
Total Liabilities 1.4B
Shareholders Equity 228.7M
Debt to Equity 5.93

Cash Flow Metrics

Operating Cash Flow -51.2M
Free Cash Flow 24.8M

Revenue & Profitability Trend

Root Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i1.2B455.0M310.8M345.4M346.8M
Cost of Goods Sold i-----
Gross Profit i-----
Gross Margin % i0.0%0.0%0.0%0.0%0.0%
Operating Expenses
Research & Development i-----
Selling, General & Administrative i205.3M132.6M175.4M367.8M218.2M
Other Operating Expenses i53.3M44.8M55.5M65.5M52.9M
Total Operating Expenses i258.6M177.4M230.9M433.3M271.1M
Operating Income i-----
Operating Margin % i0.0%0.0%0.0%0.0%0.0%
Non-Operating Items
Interest Income i-----
Interest Expense i42.2M46.1M34.6M20.0M77.7M
Other Non-Operating Income3.7M1.5M1.7M6.8M1.2M
Pre-tax Income i30.9M-147.4M-297.7M-521.1M-363.0M
Income Tax i00000
Effective Tax Rate % i0.0%0.0%0.0%0.0%0.0%
Net Income i30.9M-147.4M-297.7M-521.1M-363.0M
Net Margin % i2.6%-32.4%-95.8%-150.9%-104.7%
Key Metrics
EBITDA i-----
EPS (Basic) i$1.96$-10.24$-21.11$-37.62$-86.43
EPS (Diluted) i$1.83$-10.24$-21.11$-37.62$-86.43
Basic Shares Outstanding i149000001440000014100000138444444200000
Diluted Shares Outstanding i149000001440000014100000138444444200000

Income Statement Trend

Root Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i599.3M678.7M762.1M706.0M1.1B
Short-term Investments i306.8M166.8M128.8M129.9M224.0M
Accounts Receivable i455.9M372.4M260.7M303.1M254.9M
Inventory i-----
Other Current Assets-----
Total Current Assets i-----
Non-Current Assets
Property, Plant & Equipment i-----
Goodwill i-----
Intangible Assets i-----
Long-term Investments-----
Other Non-Current Assets-----
Total Non-Current Assets i-----
Total Assets i1.5B----
Liabilities
Current Liabilities
Accounts Payable i103.9M120.0M159.5M130.7M137.1M
Short-term Debt i-----
Current Portion of Long-term Debt-----
Other Current Liabilities-----
Total Current Liabilities i-----
Non-Current Liabilities
Long-term Debt i200.1M299.0M295.4M-188.2M
Deferred Tax Liabilities i-----
Other Non-Current Liabilities-----
Total Non-Current Liabilities i-----
Total Liabilities i1.3B----
Equity
Common Stock i00000
Retained Earnings i-1.7B-1.7B-1.6B-1.3B-748.0M
Treasury Stock i---0800.0K
Other Equity-----
Total Shareholders Equity i203.7M165.7M277.1M536.4M1.0B
Key Metrics
Total Debt i200.1M299.0M295.4M0188.2M
Working Capital i00000

Balance Sheet Composition

Root Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i30.9M-147.4M-297.7M-521.1M-363.0M
Depreciation & Amortization i-----
Stock-Based Compensation i22.3M34.7M45.0M28.1M3.7M
Working Capital Changes i-133.7M-117.3M62.1M-65.7M-68.5M
Operating Cash Flow i-41.5M-216.2M-174.1M-542.4M-402.7M
Investing Activities
Capital Expenditures i-400.0K-200.0K0-4.6M-1.8M
Acquisitions i-----
Investment Purchases i-197.8M-76.0M-47.7M-17.0M-158.4M
Investment Sales i55.2M39.7M41.2M105.1M60.4M
Investing Cash Flow i-143.0M-36.5M-6.5M83.5M-99.8M
Financing Activities
Share Repurchases i-3.0M-3.0M-3.0M-10.5M-200.0K
Dividends Paid i-----
Debt Issuance i134.4M0286.0M012.0M
Debt Repayment i-237.1M00-199.5M-13.5M
Financing Cash Flow i-120.8M-3.0M283.0M-83.5M1.1B
Free Cash Flow i183.9M-43.0M-220.7M-414.6M-303.3M
Net Change in Cash i-305.3M-255.7M102.4M-542.4M593.9M

Cash Flow Trend

Root Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 17.13
Forward P/E -49.19
Price to Book 5.55
Price to Sales 1.00
PEG Ratio -0.05

Profitability Ratios

Profit Margin 5.98%
Operating Margin 7.16%
Return on Equity 27.53%
Return on Assets 4.89%

Financial Health

Current Ratio 2.48
Debt to Equity 56.13
Beta 2.26

Per Share Data

EPS (TTM) $5.14
Book Value per Share $15.88
Revenue per Share $90.08

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
root1.4B17.135.5527.53%5.98%56.13
Progressive 146.9B14.124.5137.29%12.66%21.15
Chubb 109.3B12.111.5813.63%16.00%28.98
Stewart Information 2.0B22.691.387.24%3.29%39.81
Skyward Specialty 2.0B15.362.1816.26%10.53%13.29
Horace Mann 1.8B13.211.3410.91%8.50%40.25

Financial data is updated regularly. All figures are in the company's reporting currency.