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
DateValue
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%