Root, Inc. (ROOT)

Net Premiums Written

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2019
Period Ending	Dec 31, 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	1.22B	1.06B
Direct Premiums Written Growth	14.99%	57.81%
Assumed Premiums Written	281.60M	236.50M
Assumed Premiums Written Growth	19.07%	117.97%
Ceded Premiums Written	-45.40M	-137.00M

Net Premiums Earned

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2019
Period Ending	Dec 31, 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	1.19B	1.01B
Direct Premiums Earned Growth	18.05%	78.93%
Assumed Premiums Earned	272.80M	220.20M
Assumed Premiums Earned Growth	23.89%	210.58%
Ceded Premiums Earned	-64.30M	-160.10M

Revenue

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2019
Period Ending	Dec 31, 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	1.40B	1.07B
Net Premiums Earned Growth	30.89%	167.79%
Net Investment Income	33.70M	35.90M
Net Investment Income Growth	-6.13%	18.87%
Fee Income	78.30M	66.00M
Fee Income Growth	18.64%	182.05%
Other Segment Income	3.40M	3.70M
Other Segment Income Growth	-8.11%	146.67%
Fee and Other Segment Income	81.70M	69.70M
Fee and Other Segment Income Growth	17.22%	179.92%
Revenue (Total)	1.52B	1.18B
Revenue (Total) Growth	28.95%	158.57%

Key Performance Indicators

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2019
Period Ending	Dec 31, 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	65.90%	68.50%
Net Expense Ratio	32.30%	27.90%
Net Combined Ratio	98.20%	96.40%
Gross Loss Ratio	58.00%	58.90%
Gross LAE Ratio	7.10%	8.60%
Gross Expense Ratio	32.00%	27.20%
Gross Combined Ratio	97.10%	94.70%
Renewal Premium as Percent of Gross Premiums Earned	-	49.00%
Policies In Force	481.87B	414.86B
Policies In Force Growth	16.15%	21.39%
Premiums Per Policy	1.53K	1.58K
Premiums Per Policy Growth	-3.35%	11.31%
Premiums In Force	1.48B	1.31B
Premiums In Force Growth	12.26%	35.12%

Updated Dec 31, 2025. Data Source: Fiscal.ai.