Root Inc
Root, Inc. provides insurance products and services in the United States. The company offers automobile and renters insurance products primarily through websites, mobile applications, and partnership channels. Root, Inc. was incorporated in 2015 and is headquartered in Columbus, Ohio.
Root Inc (ROOT) - Net Assets
Latest net assets as of December 2025: $396.30 Million USD
Based on the latest financial reports, Root Inc (ROOT) has net assets worth $396.30 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.54 Billion) and total liabilities ($1.14 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $396.30 Million |
| % of Total Assets | 25.76% |
| Annual Growth Rate | N/A |
| 5-Year Change | -26.12% |
| 10-Year Change | N/A |
| Growth Volatility | 55.95 |
Root Inc - Net Assets Trend (2018–2025)
This chart illustrates how Root Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Root Inc (2018–2025)
The table below shows the annual net assets of Root Inc from 2018 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $396.30 Million | +94.55% |
| 2024-12-31 | $203.70 Million | +22.93% |
| 2023-12-31 | $165.70 Million | -40.20% |
| 2022-12-31 | $277.10 Million | -48.34% |
| 2021-12-31 | $536.40 Million | -48.04% |
| 2020-12-31 | $1.03 Billion | +376.04% |
| 2019-12-31 | $-374.00 Million | -264.17% |
| 2018-12-31 | $-102.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Root Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 153900000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Comprehensive Income | $3.90 Million | 0.98% |
| Other Components | $2.03 Billion | 513.25% |
| Total Equity | $396.30 Million | 100.00% |
Root Inc Competitors by Market Cap
The table below lists competitors of Root Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Macmic Science & Technology Co Ltd
SHG:688711
|
$585.91 Million |
|
Shenzhen Gas Corp Ltd
SHG:601139
|
$585.93 Million |
|
Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco
F:RJ8
|
$586.09 Million |
|
Sable Offshore Corp.
NYSE:SOC
|
$586.10 Million |
|
Shenzhen Colibri Technologies Co Ltd
SHE:002957
|
$585.76 Million |
|
Anhui Hengyuan Coal Industry and Electricity Power Co Ltd
SHG:600971
|
$585.61 Million |
|
Guangxi Guiguan Electric Power Co Ltd
SHG:600236
|
$585.43 Million |
|
Bird Construction Inc
PINK:BIRDF
|
$585.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Root Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 203,700,000 to 396,300,000, a change of 192,600,000 (94.6%).
- Net income of 40,300,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 6,200,000.
- Other factors increased equity by 146,100,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $40.30 Million | +10.17% |
| Other Comprehensive Income | $6.20 Million | +1.56% |
| Other Changes | $146.10 Million | +36.87% |
| Total Change | $- | 94.55% |
Book Value vs Market Value Analysis
This analysis compares Root Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.03x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $-57.95 | $46.66 | x |
| 2019-12-31 | $-26.56 | $46.66 | x |
| 2020-12-31 | $246.14 | $46.66 | x |
| 2021-12-31 | $38.74 | $46.66 | x |
| 2022-12-31 | $19.65 | $46.66 | x |
| 2023-12-31 | $11.51 | $46.66 | x |
| 2024-12-31 | $12.05 | $46.66 | x |
| 2025-12-31 | $23.04 | $46.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Root Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.17%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.66%
- • Asset Turnover: 0.99x
- • Equity Multiplier: 3.88x
- Recent ROE (10.17%) is above the historical average (-37.92%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.00% | -159.58% | 0.20x | 0.00x | $-58.83 Million |
| 2019 | 0.00% | -97.31% | 0.40x | 0.00x | $-245.00 Million |
| 2020 | -35.16% | -104.67% | 0.20x | 1.71x | $-466.24 Million |
| 2021 | -97.15% | -150.87% | 0.26x | 2.46x | $-574.74 Million |
| 2022 | -107.43% | -95.79% | 0.24x | 4.74x | $-325.41 Million |
| 2023 | -88.96% | -32.40% | 0.34x | 8.13x | $-163.97 Million |
| 2024 | 15.17% | 2.63% | 0.79x | 7.34x | $10.53 Million |
| 2025 | 10.17% | 2.66% | 0.99x | 3.88x | $670.00K |
Industry Comparison
This section compares Root Inc's net assets metrics with peer companies in the Insurance - Property & Casualty industry.
Industry Context
- Industry: Insurance - Property & Casualty
- Average net assets among peers: $3,948,110,200
- Average return on equity (ROE) among peers: 16.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Root Inc (ROOT) | $396.30 Million | 0.00% | 2.88x | $585.76 Million |
| American Coastal Insurance Corp (ACIC) | $45.29 Million | -2.04% | 3.72x | $250.00 Million |
| American Financial Group Inc (AFG) | $1.95 Billion | -0.76% | 7.91x | $8.54 Billion |
| AmTrust Financial Services Inc Pref Series A (AFSIA) | $118.83 Million | 11.87% | 3.19x | $1.69 Billion |
| Aspen Insurance Holdings Limited (AHL) | $2.39 Billion | 15.82% | 1.78x | $14.67 Million |
| American Integrity Insurance Group, Inc. (AII) | $337.02 Million | 29.56% | 2.63x | $227.08 Million |
| Assurant Inc (AIZ) | $3.37 Billion | 2.66% | 6.24x | $10.74 Billion |
| The Allstate Corporation (ALL) | $30.61 Billion | 33.59% | 2.91x | $53.61 Billion |
| Admiral Group plc (AMIGF) | $68.95 Million | 44.87% | 4.47x | $10.33 Billion |
| Ategrity Specialty Insurance Company Holdings (ASIC) | $398.81 Million | 11.81% | 1.82x | $155.46 Million |
| Bowhead Specialty Holdings Inc. (BOW) | $192.08 Million | 13.04% | 4.35x | $707.67 Million |