Root (ROOT) Combined Ratio % : 95.60% (As of Mar. 2025)

View and export this data going back to 2020. Start your Free Trial

What is Root Combined Ratio %?

Combined Ratio % is a profitability metric of an insurance company to measure its performance in daily operations. It measures the money flowing out of an insurance company in the form of dividends, expenses, and losses.

Root's Combined Ratio % for the quarter that ended in Mar. 2025 was 95.60% , which is higher than 91.50% for the pervious quarter ended in Dec. 2024.

Root's Combined Ratio % for the annual that ended in Dec. 2024 was 96.40% , which is lower than 133.20% for the pervious year ended in Dec. 2023.

The historical rank and industry rank for Root's Combined Ratio % or its related term are showing as below:

ROOT's Combined Ratio % is not ranked ^*
in the Insurance industry.
Industry Median:
* Ranked among companies with meaningful Combined Ratio % only.

Root Combined Ratio % Historical Data

The historical data trend for Root's Combined Ratio % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Root Combined Ratio % Chart

Root Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Combined Ratio %

Get a 7-Day Free Trial

Expense Ratio %

Get a 7-Day Free Trial

RootQuarterly Data

Trend

Mar21

Jun21

Sep21

Dec21

Mar22

Jun22

Sep22

Dec22

Mar23

Jun23

Sep23

Dec23

Mar24

Jun24

Sep24

Dec24

Mar25

Combined Ratio %

Get a 7-Day Free Trial

Expense Ratio %

Get a 7-Day Free Trial

Competitive Comparison of Root's Combined Ratio %

For the Insurance - Property & Casualty subindustry, Root's Combined Ratio %, along with its competitors' market caps and Combined Ratio % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Root (NAS:ROOT) Combined Ratio % Calculation

Combined Ratio % is calculated as:

Combined Ratio %

( Incurred Losses

Expenses )

Earned Premium

100%

Root (NAS:ROOT) Combined Ratio % Explanation

Combined Ratio % measures the money flowing out of an insurance company in the form of dividends, expenses and losses. A ratio below 100 percent suggests that the company is making an underwriting profit, while a ratio above 100 percent means that it paid more in the claim than it received. However, a ratio above 100 percent does not necessarily mean the company is losing money because the investment income is not included in the calculation.

Compared to Claims Ratio % and Expense Ratio %, the combined ratio is most important because it provides a comprehensive measure of an insurer's profitability.

Root Combined Ratio % Related Terms

Thank you for viewing the detailed overview of Root's Combined Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.

Root Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Root Inc (NAS:ROOT) » Definitions » Combined Ratio %

Comparable Companies

Traded in Other Exchanges

N/A

Address

80 East Rich Street, Suite 500, Columbus, OH, USA, 43215

Website

https://inc.joinroot.com

Root Inc develops and launches a direct-to-consumer personal automobile insurance and mobile technology company. It generates revenue from the sales of auto insurance policies within the United States.

Executives

Meyer Malka	10 percent owner	364 UNIVERSITY AVENUE, PALO ALTO CA 94301
Mahtiyar Bonakdarpour	officer: Chief Technology Officer	80 E. RICH STREET, SUITE 500, COLUMBUS OH 43215
Alexander E. Timm	director, 10 percent owner, officer: Chief Executive Officer	GOHEALTH, INC., 214 WEST HURON STREET, CHICAGO IL 60654
Doug Ulman	director	C/O ROOT, INC., 80 E RICH STREET, SUITE 500, COLUMBUS OH 43215
Jonathan Allison	officer: Chief Administrative Officer	ROOT, INC., 80 E. RICH STREET, SUITE 500, COLUMBUS OH 43215
Julie Szudarek	director	80 E. RICH STREET, SUITE 500, COLUMBUS OH 43215
Beth A Birnbaum	director	C/O 111 RIVER STREET, HOBOKEN NJ 07030
Donna Dorsey	director	ROOT, INC., 80 E. RICH STREET, SUITE 500, COLUMBUS OH 43215
Bullfrog Capital Gp, Ltd.	10 percent owner	364 UNIVERSITY AVENUE, PALO ALTO CA 94301
Bullfrog Capital, L.p.	10 percent owner	364 UNIVERSITY AVENUE, PALO ALTO CA 94301
Robert H. Bateman	officer: Chief Financial Officer	ONE HARTFORD PLAZA, HARTFORD CT 06155
Daniel H Rosenthal	director, officer: Chief Financial Officer	C/O ROOT, INC., 80 E RICH STREET, SUITE 500, COLUMBUS OH 43215
Lawrence A. Hilsheimer	director	425 WINTER ROAD, DELAWARE OH 43015
Hemal Shah	officer: Chief Product Officer	80 E. RICH STREET, SUITE 500, COLUMBUS OH 43215
Carvana Co.	10 percent owner	300 E. RIO SALADO PARKWAY, TEMPE AZ 85281