Root Inc. | Mid-cap | Financial Services
$123.71
-1.25%
| Root Stock Comparison:
Root vs ProgressiveRoot vs ChubbRoot vs Old RepublicRoot vs RLIRoot vs Hanover InsuranceRoot vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 1.2B
Net Income 30.9M 2.63%

Balance Sheet Metrics

Total Assets 1.5B
Total Liabilities 1.3B
Shareholders Equity 203.7M
Debt to Equity 6.34

Cash Flow Metrics

Operating Cash Flow -41.5M
Free Cash Flow 183.9M

Revenue & Profitability Trend

Root Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 1.2B 455.0M 310.8M 345.4M 346.8M
Cost of Goods Sold - - - - -
Gross Profit - - - - -
Operating Expenses 258.6M 177.4M 230.9M 433.3M 271.1M
Operating Income - - - - -
Pre-tax Income 30.9M -147.4M -297.7M -521.1M -363.0M
Income Tax 0 0 0 0 0
Net Income 30.9M -147.4M -297.7M -521.1M -363.0M
EPS (Diluted) - -$10.24 -$21.11 -$37.62 -$86.43

Income Statement Trend

Root Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets - - - - -
Non-Current Assets - - - - -
Total Assets 1.5B - - - -
Liabilities
Current Liabilities - - - - -
Non-Current Liabilities - - - - -
Total Liabilities 1.3B - - - -
Equity
Total Shareholders Equity 203.7M 165.7M 277.1M 536.4M 1.0B

Balance Sheet Composition

Root Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income 30.9M -147.4M -297.7M -521.1M -363.0M
Operating Cash Flow -41.5M -216.2M -174.1M -542.4M -402.7M
Investing Activities
Capital Expenditures -400.0K -200.0K 0 -4.6M -1.8M
Investing Cash Flow -143.0M -36.5M -6.5M 83.5M -99.8M
Financing Activities
Dividends Paid - - - - -
Financing Cash Flow -120.8M -3.0M 283.0M -83.5M 1.1B
Free Cash Flow 183.9M -43.0M -220.7M -414.6M -303.3M

Cash Flow Trend

Root Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 40.37
Forward P/E -74.88
Price to Book 8.91
Price to Sales 1.62
PEG Ratio -74.88

Profitability Ratios

Profit Margin 4.16%
Operating Margin 6.78%
Return on Equity 17.95%
Return on Assets 4.01%

Financial Health

Current Ratio 2.30
Debt to Equity 58.70
Beta 2.32

Per Share Data

EPS (TTM) $3.32
Book Value per Share $15.05
Revenue per Share $84.45

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
root 2.1B 40.37 8.91 17.95% 4.16% 58.70
Progressive 156.2B 17.96 5.39 34.34% 11.10% 23.81
Chubb 115.5B 13.89 1.76 12.86% 15.03% 29.87
Old Republic 9.4B 12.45 1.57 12.67% 9.38% 26.74
RLI 6.8B 24.31 4.21 17.99% 16.22% 7.15
Hanover Insurance 6.0B 13.89 1.97 15.74% 6.97% 25.76

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