Root, Inc. (ROOT) intrinsic value & 10-year financials
Root, Inc. (ROOT) has a Graham intrinsic value of $78.39 per share. At $52.32 on Oct 20, 2026, the stock trades 33% below that value. Over the last 9 fiscal years revenue grew 66.2% a year to $1.5B, with an average return on invested capital of 266.3%.
- Graham intrinsic value
- $78.39
- Share price (Oct 20, 2026)
- $52.32
- Price vs Graham value
- 33% below
- Market cap
- $894.7M
- Revenue (FY2025)
- $1.5B
- Revenue growth (9-yr CAGR)
- 66.2%
- ROIC (10-yr avg)
- 266.3%
- Free cash flow (FY2025)
- —
ROOT 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $1.5B | $40.3M | $2.36 | — | 4.1% | -32.1% |
| FY2024 | $1.2B | $30.9M | $1.83 | $195.3M | 6.7% | -38.3% |
| FY2023 | $455.0M | -$147.4M | -$10.24 | -$33.8M | -22.3% | 50.2% |
| FY2022 | $310.8M | -$297.7M | -$21.11 | — | -84.7% | 146.5% |
| FY2021 | $345.4M | -$521.1M | -$2.09 | -$408.0M | -140.5% | 1570.2% |
| FY2020 | $346.8M | -$363.0M | -$4.81 | -$289.0M | -82.3% | 122.5% |
| FY2019 | $290.2M | -$282.4M | -$8.33 | -$133.8M | -89.6% | 45.4% |
| FY2018 | $43.3M | -$69.1M | — | -$27.3M | — | — |
| FY2017 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Root, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Root, Inc. has earned high returns on invested capital, averaging 44.3% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.
Root, Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Root, Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $78.39 per share.