ROOT INC CLASS A (ROOT)
Financials · Digital auto insurance / InsurTech · NASDAQ
Root is a digital-first auto insurance company that uses telematics and behavioral data to offer personalized, usage-based rates and embedded insurance partnerships.
What ROOT INC CLASS A does
Root Inc is a full-stack auto insurance company founded in 2015 that leverages telematics and behavioral data to underwrite and price insurance risk more accurately. The company operates a direct-to-consumer digital insurance platform and offers embedded insurance products through partnerships with major players like Carvana, Hyundai Capital America, Toyota, and Experian. Root generates revenue through premium written on auto insurance policies while managing loss ratios through data-driven underwriting and customer retention initiatives.
Themes: ["Digital auto insurance / InsurTech","Telematics and usage-based pricing","Embedded insurance partnerships","Data-driven underwriting","Customer retention and profitability"]
Fundamentals
- Price$64.40 as of 2026-07-09 close
- Market cap$1.0B as of 2026-07-10
- 1-year return-46.5% as of 2026-07-09 close
- P/E17.33 as of 2026-07-10
- Net margin+3.8% as of 2026-07-10
- ROE+15.0% as of 2026-07-10
- Debt / equity0.45 as of 2026-07-10
- Revenue growth (YoY)+22.8% as of 2026-07-10
- Revenue CAGR (3y)+69.6% SEC XBRL
- Beta2.91 as of 2026-07-10
Key risks (from latest filing)
["History of substantial accumulated losses ($1.64 billion as of end of 2025) despite recent profitability, with risk of returning to losses if growth or retention rates decline or if loss ratios increase due to inaccurate underwriting.","Dependence on partnership channels (Carvana, Hyundai Capital, Toyota, Experian) for distribution and customer acquisition; loss or significant disruption of these partnerships could materially harm the business.","Regulatory and legal risks related to use of telematics data, artificial intelligence in underwriting, and state insurance licensing; changes in data privacy regulations or insurance law interpretation could constrain operations or increase costs."]
Competitors & peers
- Progressive (PGR)
- State Farm
- Geico
- Allstate (ALL)
- Lemonade (LMND)
- The General
- Metromile
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.