Root, Inc. (ROOT)
NASDAQ: ROOT · Real-Time Price · USD
43.63
-0.34 (-0.77%)
At close: Nov 12, 2026, 4:00 PM EST
44.04
+0.41 (0.94%)
After-hours: Nov 12, 2026, 7:52 PM EST
Root, Inc. Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Investments in Debt Securities | 431.7 | 387 | 292 | 165.9 | 128.4 | 129.9 |
Investments in Equity & Preferred Securities | - | 4.4 | 4.4 | 4.4 | 4.4 | 4.7 |
Other Investments | 6.5 | - | 14.8 | 0.9 | 0.4 | - |
Total Investments | 438.2 | 391.4 | 311.2 | 171.2 | 133.2 | 134.6 |
Cash & Equivalents | 596.3 | 669.3 | 599.3 | 678.7 | 762.1 | 706 |
Reinsurance Recoverable | 104.3 | 129.8 | 150.6 | 125.3 | 148.8 | 155 |
Other Receivables | 328.6 | 332.8 | 305.3 | 247.1 | 111.9 | 148.1 |
Deferred Policy Acquisition Cost | 48.3 | - | - | - | - | - |
Property, Plant & Equipment | - | 3.2 | 4.4 | 6.3 | 9.8 | 15.4 |
Other Intangible Assets | - | 37.8 | 32.2 | 29.4 | 26.5 | 21.4 |
Restricted Cash | 75.3 | 20.6 | 1 | 1 | 1 | 1 |
Other Current Assets | - | 6.3 | 25.1 | 48.2 | 74.2 | 100.8 |
Other Long-Term Assets | 78.9 | 83.3 | 66.6 | 40.5 | 45.4 | 37 |
Total Assets | 1,670 | 1,675 | 1,496 | 1,348 | 1,313 | 1,319 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Accounts Payable | 48.7 | 74.2 | 71.1 | 65.6 | 39.7 | 29.1 |
Insurance & Annuity Liabilities | 493.1 | 483.6 | 413.2 | 284.2 | 287.4 | 320.2 |
Unearned Premiums | 385.5 | 393.7 | 353.9 | 283.7 | 136.5 | 180.1 |
Reinsurance Payable | 83.6 | 2.4 | 32.8 | 54.4 | 119.8 | 101.6 |
Current Portion of Leases | - | 2.3 | - | - | - | - |
Long-Term Debt | 197.5 | 200.3 | 200.1 | 299 | 295.4 | - |
Long-Term Leases | - | 2 | 6 | 8.2 | 10.5 | 14.1 |
Other Long-Term Liabilities | 22.5 | 119.7 | 102.9 | 74.9 | 34.5 | 25.8 |
Total Liabilities | 1,231 | 1,278 | 1,180 | 1,070 | 923.8 | 670.9 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Preferred Stock, Convertible | 112 | 112 | 112 | 112 | 112 | 112 |
Additional Paid-In Capital | 1,905 | 1,922 | 1,888 | 1,883 | 1,851 | 1,806 |
Retained Earnings | -1,566 | -1,642 | -1,682 | -1,715 | -1,568 | -1,270 |
Comprehensive Income & Other | -11.7 | 3.9 | -2.3 | -2.5 | -5.8 | 0.4 |
Total Common Equity | 327 | 284.3 | 203.7 | 165.7 | 277.1 | 536.4 |
Shareholders' Equity | 439 | 396.3 | 315.7 | 277.7 | 389.1 | 648.4 |
Total Liabilities & Equity | 1,670 | 1,675 | 1,496 | 1,348 | 1,313 | 1,319 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Filing Date Shares Outstanding | 15.19 | 15.55 | 15.2 | 14.6 | 14.2 | 14.11 |
Total Common Shares Outstanding | 15.3 | 15.5 | 15.1 | 14.5 | 14.2 | 14.04 |
Total Debt | 197.5 | 204.6 | 206.1 | 307.2 | 305.9 | 14.1 |
Net Cash (Debt) | 398.8 | 464.7 | 393.2 | 371.5 | 456.2 | 691.9 |
Net Cash Growth | -11.95% | 18.18% | 5.84% | -18.57% | -34.07% | -25.17% |
Net Cash Per Share | 23.42 | 27.18 | 23.27 | 25.80 | 32.35 | 50.14 |
Book Value Per Share | 21.37 | 18.34 | 13.49 | 11.43 | 19.51 | 38.19 |
Tangible Book Value | 327 | 246.5 | 171.5 | 136.3 | 250.6 | 515 |
Tangible Book Value Per Share | 21.37 | 15.90 | 11.36 | 9.40 | 17.65 | 36.67 |
Machinery | - | 2.7 | 8.6 | 8.5 | 9.4 | 10.4 |
Leasehold Improvements | - | 5.3 | 7.2 | 7.6 | 8.9 | 9.8 |