Root, Inc. (ROOT)

Root, Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	1,334	1,071	399.9	285.9	310.3	322.5
Total Interest & Dividend Income	33.8	35.9	30.2	6.2	5	5.4
Gain (Loss) on Sale of Investments	-	-	-	0.5	2.4	0.3
Other Revenue	3.1	3.7	1.5	1.7	6.8	1.2
Total Revenue	1,447	1,177	455	310.8	345.4	346.8
Revenue Growth (YoY)	38.50%	158.57%	46.40%	-10.02%	-0.40%	19.50%
Policy Benefits	870.1	733	331.3	351	392.3	362.8
Selling, General & Administrative	279.5	242.6	150.2	183.3	417.1	243.9
Other Operating Expenses	181.7	105.6	47	-8.8	3.4	-2.8
Total Operating Expenses	1,360	1,098	545.1	555.3	830.6	632.1
Operating Income	86.4	78.7	-90.1	-244.5	-485.2	-285.3
Interest Expense	-23.3	-42.2	-46.1	-34.6	-20	-77.7
EBT Excluding Unusual Items	63.1	36.5	-136.2	-279.1	-505.2	-363
Merger & Restructuring Charges	-0.2	-0.2	-11.2	-18.6	-	-
Other Unusual Items	-5.4	-5.4	-	-	-15.9	-
Pretax Income	57.5	30.9	-147.4	-297.7	-521.1	-363
Earnings From Continuing Ops.	57.1	30.9	-147.4	-297.7	-521.1	-363
Minority Interest in Earnings	-3	-1.7	-	-	-	-
Net Income	54.1	29.2	-147.4	-297.7	-521.1	-363
Net Income to Common	54.1	29.2	-147.4	-297.7	-521.1	-363
Shares Outstanding (Basic)	15	15	14	14	14	4
Shares Outstanding (Diluted)	17	17	14	14	14	4
Shares Change (YoY)	16.50%	17.36%	2.13%	2.17%	228.57%	123.01%
EPS (Basic)	3.54	1.96	-10.24	-21.11	-37.76	-86.43
EPS (Diluted)	3.34	1.83	-10.24	-21.11	-37.76	-86.43
Free Cash Flow	205.6	195.3	-33.8	-210.6	-408	-289
Free Cash Flow Per Share	12.01	11.56	-2.35	-14.94	-29.57	-68.81
Operating Margin	5.97%	6.69%	-19.80%	-78.67%	-140.47%	-82.27%
Profit Margin	3.74%	2.48%	-32.40%	-95.78%	-150.87%	-104.67%
Free Cash Flow Margin	14.21%	16.60%	-7.43%	-67.76%	-118.12%	-83.33%
EBITDA	89	84.6	-84.2	-237.4	-472.3	-272.1
EBITDA Margin	6.15%	7.19%	-18.50%	-76.38%	-136.74%	-78.46%
D&A For EBITDA	2.6	5.9	5.9	7.1	12.9	13.2
EBIT	86.4	78.7	-90.1	-244.5	-485.2	-285.3
EBIT Margin	5.97%	6.69%	-19.80%	-78.67%	-140.47%	-82.27%
Revenue as Reported	1,447	1,177	455	310.8	345.4	346.8

Updated Nov 5, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q