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Root, Inc. ROOT Reinsurance recoverables

Reinsurance recoverables at other companies

Progressive logo
ProgressivePGR
$4B-10.0%
Lemonade logo
LemonadeLMND
$145.5M-20.2%
The Hanover Insurance Group logo
The Hanover Insurance GroupTHG
$2.05B+0.9%
Mercury General logo
Mercury GeneralMCY
$47.77M-92.3%
The Travelers Companies logo
The Travelers CompaniesTRV
$7.99B-1.4%
Selective Insurance Group logo
Selective Insurance GroupSIGI
$907.68M-1.9%

Other financials

Income statement

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Revenue$393.5M+12.6%
Operating income$40.9M+72.6%
Net income$35.9M+95.1%
EPS (diluted)$2.09+95.3%

Balance sheet

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Cash & equivalents$608.9M-0.3%
Total debt$200.3M+0.2%
Total equity$325.9M+42.5%
Total assets$1.7B+6.3%

Cash flow

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Operating cash flow$9.3M-65.3%
CapEx-
Free cash flow$70.1M+1.3%

Valuation

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Market cap$840.38M-61.1%
Enterprise value$431.78M-75.6%
P/E14.5×-24.4×
P/S0.5×-1.2×

Profitability

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Operating margin5.1%-2.6pp
Net margin3.7%-0.7pp
FCF margin13.6%-3.0pp

Returns & leverage

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Return on equity20.8%-7.3pp
Debt / equity0.6×-0.3×

Where this comes from

Reported directly by Root, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ReinsuranceRecoverablesOnPaidAndUnpaidLosses.

The official record: Root, Inc.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Root, Inc.'s reinsurance recoverables?
Root, Inc. (ROOT) reported reinsurance recoverables of $27.7M in Q1 2026.
How has Root, Inc.'s reinsurance recoverables changed year-over-year?
Root, Inc.'s reinsurance recoverables decreased by 82.4% year-over-year, from $157.8M to $27.7M.
What is the long-term trend for Root, Inc.'s reinsurance recoverables?
Over 5 years (2020 to 2025), Root, Inc.'s reinsurance recoverables has grown at a -23.1% compound annual growth rate (CAGR), from $124.8M to $33.5M.
What does reinsurance recoverables mean?
This represents the portion of paid claims and loss reserves that the company expects to recover from its reinsurers. It is a critical asset that mitigates the company's net exposure to large insurance losses. The recoverability of these amounts depends on the financial strength and creditworthiness of the reinsurance counterparties.