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Root, Inc. ROOT Reinsurance recoverable on unpaid losses and loss expenses

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Other financials

Income statement

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Revenue$389.2M+1.6%
Operating income$34.6M+26.7%
Net income$25.4M+15.5%
EPS (diluted)$1.49+15.5%

Balance sheet

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Cash & equivalents$574.8M-10.5%
Total debt$199.8M-0.1%
Total equity$327.9M+34.1%
Total assets$1.7B+5.1%

Cash flow

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Operating cash flow$57.5M+10.6%
CapEx-
Free cash flow$70.1M+1.3%

Valuation

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Market cap$797.9M-41.6%
Enterprise value$422.9M-54.2%
P/E13×-3.0×
P/S0.5×-0.5×

Profitability

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Operating margin5.5%-3.3pp
Net margin3.9%-2.3pp
FCF margin13.6%-3.0pp

Returns & leverage

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Return on equity21.4%-21.7pp
Debt / equity0.6×-0.2×

Where this comes from

Reported directly by Root, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments.

The source filing: Root, Inc.’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:10 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001788882-26-000061
Line itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Total incurred466.1438.9
Net paid loss and LAE related to:
Current year222.4205.9
Prior years231.6189.7
Total paid454.0395.6
Net loss and LAE reserves, June 30470.3408.5
Plus reinsurance recoverable on unpaid losses18.936.0
Gross loss and LAE reserves, June 30$489.2$444.5

Item 1. Financial Statements. - Unaudited

FAQ

What is Root, Inc.'s reinsurance recoverable on unpaid losses and loss expenses?
Root, Inc. (ROOT) reported reinsurance recoverable on unpaid losses and loss expenses of $18.9M in Q2 2026.
How has Root, Inc.'s reinsurance recoverable on unpaid losses and loss expenses changed year-over-year?
Root, Inc.'s reinsurance recoverable on unpaid losses and loss expenses decreased by 47.5% year-over-year, from $36M to $18.9M.
What is the long-term trend for Root, Inc.'s reinsurance recoverable on unpaid losses and loss expenses?
Over 5 years (2020 to 2025), Root, Inc.'s reinsurance recoverable on unpaid losses and loss expenses has grown at a -20.4% compound annual growth rate (CAGR), from $79.6M to $25.4M.
What does reinsurance recoverable on unpaid losses and loss expenses mean?
Reinsurance recoverable on unpaid losses and loss expenses

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