Root (ROOT) Gross Margin (2019 - 2026)
Root (ROOT) posted quarterly Gross Margin of 93.06% for Q1 2026, up 780.0% year-over-year from 10.58% in Q1 2025, and up 11.04% on a QoQ basis from 83.81% in Q4 2025.
Root (ROOT) Gross Margin (2019 - 2026) Analysis & Trends
Root (ROOT) has reported Gross Margin for 8 consecutive years, with 93.06% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin rose 780.0% year-over-year to 93.06%; the TTM figure through Mar 2026 stood at 89.15% (up 234.0% YoY), while the FY2025 annual figure was 87.53%, up 21.0% from the prior year.
- Gross Margin came in at 93.06% for Q1 2026 at Root, up from 83.81% in the prior quarter.
- The five-year high for Gross Margin was 95.02% in Q4 2022, with the low at 71.35% in Q2 2022.
- Average Gross Margin over 5 years is 87.21%, with a median of 87.83% recorded in 2024.
- Across the five-year window, Gross Margin jumped 10891 bps in 2022 and tumbled 1399 bps in 2023, its largest moves.
- Year by year, Gross Margin stood at 95.02% in 2022, then decreased by 15 bps to 81.03% in 2023, then grew by 8 bps to 87.59% in 2024, then declined by 4 bps to 83.81% in 2025, then advanced by 11 bps to 93.06% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 93.06%, 83.81%, and 88.73% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Markel | 7,105.55 Bn | 7,090.09 Bn | 2.38 Bn | 67.14% |
| 2 | Progressive | 131.92 Bn | 127.57 Bn | 8.36 Bn | 37.68% |
| 3 | Chubb | 78.78 Bn | 71.35 Bn | 8.64 Bn | 58.50% |
| 4 | Cincinnati Financial | 74.32 Bn | 73.06 Bn | 2.60 Bn | 99.65% |
| 5 | Travelers Companies | 72.03 Bn | 48.11 Bn | 5.54 Bn | 46.48% |
| 6 | Allstate | 63.08 Bn | 38.49 Bn | 14.72 Bn | 86.87% |
| 7 | Fairfax Financial Holdings | 34.53 Bn | 39.18 Bn | - | - |
| 8 | Loews | 23.53 Bn | 11.27 Bn | -1.32 Bn | -153.50% |
| 9 | Selective Insurance | 20.82 Bn | 19.07 Bn | 543.42 Mn | 39.99% |
| 10 | Root | 936.16 Mn | 328.16 Mn | 366.20 Mn | 93.06% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 93.06% |
| Dec 31, 2025 | 83.81% |
| Sep 30, 2025 | 88.73% |
| Jun 30, 2025 | 89.49% |
| Mar 31, 2025 | 85.26% |
| Dec 31, 2024 | 87.59% |
| Sep 30, 2024 | 87.83% |
| Jun 30, 2024 | 86.93% |
| Mar 31, 2024 | 86.80% |
| Dec 31, 2023 | 81.03% |
| Sep 30, 2023 | 88.64% |
| Jun 30, 2023 | 91.84% |
| Mar 31, 2023 | 94.86% |
| Dec 31, 2022 | 95.02% |
| Sep 30, 2022 | 88.19% |
| Jun 30, 2022 | 71.35% |
| Mar 31, 2022 | 82.08% |
| Dec 31, 2021 | 57.49% |
| Sep 30, 2021 | 30.28% |
| Jun 30, 2021 | -37.56% |