Root, Inc. (ROOT)

Net Premiums Written

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2019
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Direct Premiums Written	1.20B	1.06B
Assumed Premiums Written	272.70M	236.50M
Ceded Premiums Written	-59.60M	-137.00M

Net Premiums Earned

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2019
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Direct Premiums Earned	1.16B	1.01B
Assumed Premiums Earned	262.20M	220.20M
Ceded Premiums Earned	-85.70M	-160.10M

Revenue

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2019
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Net Premiums Earned	1.33B	1.07B
Net Investment Income	33.80M	35.90M
Fee Income	75.80M	66.00M
Other Segment Income	3.10M	3.70M
Fee and Other Segment Income	78.90M	69.70M
Revenue (Total)	1.45B	1.18B

Key Performance Indicators

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2019
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Net Loss and LAE Ratio	-	68.50%
Net Expense Ratio	-	27.90%
Net Combined Ratio	-	96.40%
Gross Loss Ratio	-	58.90%
Gross LAE Ratio	-	8.60%
Gross Expense Ratio	-	27.20%
Gross Combined Ratio	-	94.70%
Renewal Premium as Percent of Gross Premiums Earned	-	49.00%
Policies In Force	466.32B	414.86B
Premiums Per Policy	1.58K	1.58K
Premiums In Force	1.47B	1.31B

Updated Nov 5, 2025. Data Source: Fiscal.ai.