Root, Inc. (ROOT) Stock
Root stock price chart
ROOT stock quote & key statistics
Root annual financials
Income statement →| Fiscal year | Revenue | Net income | EPS |
|---|---|---|---|
| FY2025 | $1.52B | $40.3M | $2.34 |
| FY2024 | $1.18B | $30.9M | $1.58 |
| FY2023 | $455.0M | -$147.4M | -$9.36 |
| FY2022 | $310.8M | -$297.7M | -$20.55 |
| FY2021 | $345.4M | -$521.1M | -$36.54 |
Fiscal year ending December 31. Source: company filings via EODHD.
About Root, Inc.
Root, Inc. is a prominent player in the insurance industry, specializing in providing a range of insurance products across the United States. Established in 2015 and based in Columbus, Ohio, Root focuses on automobile, homeowners, and renters insurance. What sets Root apart is its direct-to-consumer approach, leveraging mobile applications and its website to reach and serve customers efficiently. This model not only enhances customer engagement but also streamlines the insurance-buying process, making it more accessible and convenient.
The company's distribution strategy encompasses various digital platforms, media channels, referrals, and partnerships with agencies. This diversified approach not only expands its market reach but also strengthens its presence in the competitive insurance landscape. Root's commitment to innovation is evident in its use of technology to provide personalized insurance solutions tailored to individual customer needs, setting a benchmark for customer-centric service in the industry.
In conclusion, Root, Inc. continues to redefine the insurance market through its innovative direct-to-consumer model and robust digital presence. By prioritizing accessibility and customer engagement, Root aims to simplify insurance processes while maintaining a high standard of service quality. As it continues to grow and adapt to changing market dynamics, Root remains a significant player in reshaping how insurance products are marketed and delivered to consumers nationwide.
Root stock FAQ
What is the Root stock ticker symbol?
Root, Inc. trades on the NASDAQ under the ticker symbol ROOT.
What sector and industry is Root in?
Root, Inc. is classified in the Financial Services sector, Insurance - Property & Casualty industry.
How many employees does Root have?
Root, Inc. has about 1,256 full-time employees.
What were Root's revenue and earnings last fiscal year?
Root reported revenue of $1.52B and net income of $40.3M in fiscal 2025, with earnings per share of $2.34. Revenue grew 29.0% from the prior year.
Is Root in the Russell 2000?
Yes. Root, Inc. (ROOT) is a component of the Russell 2000, the benchmark index of U.S. small-cap stocks.
When did Root go public?
Root stock began trading on October 28, 2020.
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