GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Root Inc (NAS:ROOT) » Definitions » 3-Year Share Buyback Ratio

Root (ROOT) 3-Year Share Buyback Ratio : -2.40% (As of Mar. 2025)


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

What is Root 3-Year Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Root's current 3-Year Share Buyback Ratio was -2.40%.

The historical rank and industry rank for Root's 3-Year Share Buyback Ratio or its related term are showing as below:

ROOT' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -2.4   Med: -1   Max: -0.4
Current: -2.4

During the past 7 years, Root's highest 3-Year Share Buyback Ratio was -0.40%. The lowest was -2.40%. And the median was -1.00%.

ROOT's 3-Year Share Buyback Ratio is ranked worse than
70.76% of 277 companies
in the Insurance industry
Industry Median: -0.1 vs ROOT: -2.40

Competitive Comparison of Root's 3-Year Share Buyback Ratio

For the Insurance - Property & Casualty subindustry, Root's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback 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's 3-Year Share Buyback Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Root's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Root's 3-Year Share Buyback Ratio falls into.


;
;

Root 3-Year Share Buyback Ratio Calculation

This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Root (NAS:ROOT) 3-Year Share Buyback Ratio Explanation

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.


Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.


Root 3-Year Share Buyback Ratio Related Terms

Thank you for viewing the detailed overview of Root's 3-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Root Business Description

Industry
Traded in Other Exchanges
N/A
Address
80 East Rich Street, Suite 500, Columbus, OH, USA, 43215
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