Root, Inc. (ROOT)

Root, Inc. Balance Sheet

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
Investments in Debt Securities	357.8	292	165.9	128.4	129.9	221
Investments in Equity & Preferred Securities	4.4	4.4	4.4	4.4	4.7	0.5
Other Investments	-	14.8	0.9	0.4	-	3
Total Investments	362.2	311.2	171.2	133.2	134.6	224.5
Cash & Equivalents	653.3	599.3	678.7	762.1	706	1,113
Reinsurance Recoverable	142.3	150.6	125.3	148.8	155	124.8
Other Receivables	352.5	305.3	247.1	111.9	148.1	130.1
Property, Plant & Equipment	-	4.4	6.3	9.8	15.4	8.9
Other Intangible Assets	-	32.2	29.4	26.5	21.4	18.5
Restricted Cash	1.1	1	1	1	1	1
Other Current Assets	11.7	25.1	48.2	74.2	100.8	112.8
Other Long-Term Assets	119.3	66.6	40.5	45.4	37	28.9
Total Assets	1,642	1,496	1,348	1,313	1,319	1,762
Accounts Payable	58.6	71.1	65.6	39.7	29.1	48
Insurance & Annuity Liabilities	462.9	413.2	284.2	287.4	320.2	237.2
Unearned Premiums	409.3	353.9	283.7	136.5	180.1	157.1
Reinsurance Payable	12	32.8	54.4	119.8	101.6	89.1
Current Portion of Leases	-	2.2	-	-	-	-
Long-Term Debt	200.4	200.1	299	295.4	-	188.2
Long-Term Leases	-	3.8	8.2	10.5	14.1	-
Other Long-Term Liabilities	122.2	102.9	74.9	34.5	25.8	10.3
Total Liabilities	1,265	1,180	1,070	923.8	670.9	729.9
Preferred Stock, Convertible	112	112	112	112	112	-
Additional Paid-In Capital	1,908	1,888	1,883	1,851	1,806	1,776
Retained Earnings	-1,647	-1,682	-1,715	-1,568	-1,270	-748
Treasury Stock	-	-	-	-	-	-0.8
Comprehensive Income & Other	3.5	-2.3	-2.5	-5.8	0.4	5.6
Total Common Equity	265	203.7	165.7	277.1	536.4	1,032
Shareholders' Equity	377	315.7	277.7	389.1	648.4	1,032
Total Liabilities & Equity	1,642	1,496	1,348	1,313	1,319	1,762
Filing Date Shares Outstanding	15.51	15.2	14.6	14.2	14.11	13.73
Total Common Shares Outstanding	15.5	15.1	14.5	14.2	14.04	13.72
Total Debt	200.4	206.1	307.2	305.9	14.1	188.2
Net Cash (Debt)	452.9	393.2	371.5	456.2	691.9	924.6
Net Cash Growth	21.13%	5.84%	-18.57%	-34.07%	-25.17%	363.46%
Net Cash Per Share	26.45	23.27	25.80	32.35	50.14	220.14
Book Value Per Share	17.10	13.49	11.43	19.51	38.19	75.24
Tangible Book Value	265	171.5	136.3	250.6	515	1,014
Tangible Book Value Per Share	17.10	11.36	9.40	17.65	36.67	73.89
Machinery	-	8.6	8.5	9.4	10.4	7.9
Leasehold Improvements	-	7.2	7.6	8.9	9.8	6.3

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

SEC Filings: 10-K · 10-Q