Root Inc
NASDAQ:ROOT

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Root Inc
NASDAQ:ROOT
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Price: 72.77 USD 0.44% Market Closed
Market Cap: 1.1B USD
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Net Margin
Root Inc

-2.1%
Current
-82%
Average
7.6%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
-2.1%
=
Net Income
-21.9m
/
Revenue
1B

Net Margin Across Competitors

Country US
Market Cap 1.1B USD
Net Margin
-2%
Country US
Market Cap 142.5B USD
Net Margin
11%
Country CH
Market Cap 111.5B USD
Net Margin
18%
Country JP
Market Cap 10.9T JPY
Net Margin
15%
Country US
Market Cap 55.1B USD
Net Margin
10%
Country US
Market Cap 51.8B USD
Net Margin
7%
Country ZA
Market Cap 42B Zac
Net Margin
8%
Country CN
Market Cap 272.6B CNY
Net Margin
5%
Country CN
Market Cap 274B HKD
Net Margin
5%
Country BM
Market Cap 34.9B USD
Net Margin
45%
Country CA
Market Cap 47.8B CAD
Net Margin
10%
No Stocks Found

Root Inc
Glance View

Market Cap
1.1B USD
Industry
Insurance

Root Inc., a company that set foot in the insurance landscape with a tech-savvy mindset, has been shaking up the traditional auto insurance industry by leveraging technology and consumer-centric strategies. Founded in 2015, Root's mission was to transform what they saw as an antiquated approach to insurance pricing. They did so by employing a mobile-first model, where potential customers download an app and undertake a test drive to gauge their driving habits. Using telematics, Root collects data during this period to assess the driver’s habits and accordingly offer customized premiums based on actual driving behavior rather than traditional factors such as age or credit score. This innovative approach aims to appeal especially to younger, tech-savvy clients, who appreciate personalization and transparency in their insurance products. The company’s business model hinges on technology-driven personalization, aiming to underwrite risk more accurately and reward good drivers with lower rates. It generates revenue primarily through the premiums paid for insurance policies. Root has expanded its product portfolio beyond auto insurance, now including renters' and homeowners' insurance to create a comprehensive risk management framework for its clients. Despite facing challenges inherent in the competitive insurance industry, such as market volatility and the financial implications of underwriting risk, Root continues to focus on refining its technology and expanding its user base. Through this, Root endeavors to couple cutting-edge tech with insurance, aiming to carve out a profitable niche while also disrupting traditional industry norms.

ROOT Intrinsic Value
63.99 USD
Overvaluation 12%
Intrinsic Value
Price

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What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
-2.1%
=
Net Income
-21.9m
/
Revenue
1B
What is the Net Margin of Root Inc?

Based on Root Inc's most recent financial statements, the company has Net Margin of -2.1%.