ROOT
Price:
$81.51
Market Cap:
$1.12B
Root, Inc. provides insurance products and services in the United States. The company offers automobile, homeowners, and renters insurance products. The company 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.
Industry
Insurance - Property & Casualty
IPO Date
2020-10-28
Stock Exchange
NASDAQ
Ticker
ROOT
According to Root, Inc.’s latest financial reports and current stock price. The company's current Enterprise Value is 675.61M. This represents a change of -33.08% compared to the average of 1.01B of the last 4 quarters.
The mean historical Enterprise Value of Root, Inc. over the last ten years is 1.50B. The current 675.61M Enterprise Value has changed 4.40% with respect to the historical average. Over the past ten years (40 quarters), ROOT's Enterprise Value was at its highest in in the September 2020 quarter at 6.70B. The Enterprise Value was at its lowest in in the September 2022 quarter at -421192000.00.
Average
1.50B
Median
682.39M
Minimum
-403391000.00
Maximum
6.62B
Discovering the peaks and valleys of Root, Inc. Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 778.51%
Maximum Annual Enterprise Value = 6.62B
Minimum Annual Increase = -600.36%
Minimum Annual Enterprise Value = -403391000.00
| Year | Enterprise Value | Change |
|---|---|---|
| 2024 | 682.39M | -398.26% |
| 2023 | -228788000.00 | -43.28% |
| 2022 | -403391000.00 | -600.36% |
| 2021 | 80.62M | -97.30% |
| 2020 | 2.99B | -54.85% |
| 2019 | 6.62B | 778.51% |
The current Enterprise Value of Root, Inc. (ROOT) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
16.74M
5-year avg
624.23M
10-year avg
1.50B
Root, Inc.’s Enterprise Value is less than Safety Insurance Group, Inc. (1.10B), less than Selective Insurance Group, Inc. (4.67B), less than Ategrity Specialty Holdings LLC (852.51M), less than ProAssurance Corporation (1.19B), less than Origin Bancorp, Inc. (1.17B), greater than Universal Insurance Holdings, Inc. (527.38M), greater than Bowhead Specialty Holdings Inc. (600.97M), greater than Horizon Technology Finance Corporation (613.07M), less than MidCap Financial Investment Corporation (3.12B), less than Capital Southwest Corporation (1.60B),
| Company | Enterprise Value | Market cap |
|---|---|---|
| 1.10B | $1.12B | |
| 4.67B | $4.69B | |
| 852.51M | $886.83M | |
| 1.19B | $1.23B | |
| 1.17B | $1.17B | |
| 527.38M | $900.93M | |
| 600.97M | $851.74M | |
| 613.07M | $273.70M | |
| 3.12B | $1.14B | |
| 1.60B | $1.26B |
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What is the Enterprise Value?
How can you use the Enterprise Value?
What is Root, Inc.'s Enterprise Value?
What is the highest Enterprise Value for Root, Inc. (ROOT)?
What is the 3-year average Enterprise Value for Root, Inc. (ROOT)?
What is the 5-year average Enterprise Value for Root, Inc. (ROOT)?
How does the current Enterprise Value for Root, Inc. (ROOT) compare to its historical average?