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ROOT Stock Price, Chart, Stats & News

Root, Inc.
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732.41M
Market cap
15.64x
Current P/E
1.70x
Forward P/E

ROOT chart

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Fundamentals

Gross margin
25.48%
Operating margin
2.69%
Pretax margin
2.69%
Net margin
2.66%
Effective tax rate
-1.23%
ROA
2.62%
ROE
10.96%
D/E
0.51x
Interest coverage ratio
1.94x

ROOT valuation

P/E
15.64x
P/S
0.40x
P/B
1.72x
P/CF
3.30x
P/FCF
3.07x
P/OCF
3.30x
PEG
-0.57x
EV multiple
14.84x

About

Root, Inc. operates within the United States, concentrating on delivering a range of insurance solutions, including policies for automobiles, residential properties, and rental occupancy. The company employs a direct-to-consumer business model, primarily connecting with its customers via user-friendly mobile applications and its official website. Its comprehensive distribution network also incorporates various other digital platforms, media campaigns, referral initiatives, and collaborations with external partners and independent agencies.

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