Root, Inc. (ROOT)

Root, Inc. Cash Flow 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
Net Income	54.1	29.2	-147.4	-297.7	-521.1	-363
Depreciation & Amortization	2.6	5.9	5.9	7.1	12.9	13.2
Other Amortization	8.6	8.6	6.3	5	3.7	2.4
Gain (Loss) on Sale of Investments	-	-	-	-0.5	-6.2	-0.3
Stock-Based Compensation	32.2	18.5	17.3	30.5	19.3	28.8
Change in Accounts Receivable	-82.3	-92.3	-147.7	18.8	-39.7	-31
Reinsurance Recoverable	18.8	-24.8	21.9	6.2	-30.4	-99.5
Change in Accounts Payable	-9.5	1.3	27.7	17.9	-19.2	18.2
Change in Unearned Revenue	54.9	70.2	147.2	-43.6	23	11.7
Change in Insurance Reserves / Liabilities	70.5	129	-3.2	-32.8	83	96.5
Change in Other Net Operating Assets	26	26.8	72.2	27.6	23.1	-115
Other Operating Activities	25.6	10.9	17.1	13.6	14.8	63.8
Operating Cash Flow	205.6	195.7	-33.6	-210.6	-403.4	-287.2
Capital Expenditures	-	-0.4	-0.2	-	-4.6	-1.8
Purchase / Sale of Intangible Assets	-14.3	-11.4	-9.2	-10.1	-6.6	-14.3
Investment in Securities	-85.2	-142.6	-36.3	-6.5	88.1	-98
Investing Cash Flow	-99.5	-154.4	-45.7	-16.6	76.9	-114.1
Long-Term Debt Issued	-	134.4	-	286	-	12
Total Debt Repaid	-237.1	-237.1	-	-	-199.5	-13.5
Net Debt Issued (Repaid)	-102.7	-102.7	-	286	-199.5	-1.5
Issuance of Common Stock	0.4	0.1	-	1.3	3.2	1,100
Repurchases of Common Stock	-25.2	-15.1	-1.1	-1	-	-0.2
Issuance of Preferred Stock	-	-	-	-	126.5	-
Other Financing Activities	-	-3	-3	-3	-10.5	-
Financing Cash Flow	-127.5	-120.7	-4.1	283.3	-80.3	1,099
Net Cash Flow	-21.4	-79.4	-83.4	56.1	-406.8	697.2
Free Cash Flow	205.6	195.3	-33.8	-210.6	-408	-289
Free Cash Flow Margin	14.21%	16.60%	-7.43%	-67.76%	-118.12%	-83.33%
Free Cash Flow Per Share	12.01	11.56	-2.35	-14.94	-29.57	-68.81
Cash Interest Paid	43.9	43.9	42.5	24.5	23.9	4.5
Levered Free Cash Flow	92.94	23.81	-43.13	-82.84	-307.65	-258.08
Unlevered Free Cash Flow	107.5	50.19	-14.31	-61.21	-295.15	-209.51
Change in Working Capital	44.2	88.6	52.7	12.3	52.3	-55.7

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

SEC Filings: 10-K · 10-Q