
ROOT · NASDAQ
Root, Inc.
$53.78 +1.68 (+3.22%)
Company overview
Root, Inc. provides insurance products and services in the United States. The company offers automobile, homeowners, and renters insurance products. It operates a direct-to-consumer model and serves customers primarily through mobile applications as well as through its website. Its direct distribution channels also cover digital, media, and referral channels, as well as distribution partners and agencies. The company was incorporated in 2015 and is headquartered in Columbus, Ohio.
- Sector
- Financial Services
- Industry
- Insurance - Property & Casualty
- Exchange
- NASDAQ
- Market cap
- $736M
- Employees
- 1,021
- Headquarters
- Columbus, OH
- Website
- joinroot.com
- CEO
- Alexander Edward Timm
- Listed
- October 28, 2020
- P/E
- 15.20
- Dividend yield
- 0.00%
Company financials
- Revenue
- $1.6B
- Gross profit
- $447M
- Operating income
- $58.5M
- EBITDA
- $91.9M
- Net income
- $57.8M
- EPS
- $3.53
- Total assets
- $1.6B
- Total debt
- $200M
- Gross margin
- 28.62%
- Net margin
- 3.70%
- Earnings yield
- 6.58%