Root (ROOT) Shares Outstanding (Diluted) (2019 - 2026)
Root's Weighted Average Shares Outstanding (Diluted) came in at 17 million for Q2 2026, down 0.6% from 17.1 million a year earlier and down 1.2% from the prior quarter.
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Analysis
Root (ROOT) Shares Outstanding (Diluted) (2019 - 2026) Analysis & Trends
For FY2025, Root's Weighted Average Shares Outstanding (Diluted) was 17.1 million, up 1.2% from FY2024.
- Weighted Average Shares Outstanding (Diluted) has increased in each of the last six years, with a five-year compound annual growth rate of 32.5% (FY2020 to FY2025).
- Going back by year, Weighted Average Shares Outstanding (Diluted) was 16.9 million in FY2024 (+17.4%), 14.4 million in FY2023 (+2.1%), 14.1 million in FY2022 (+2.2%) and 13.8 million in FY2021 (+229.0%).
- The five-year range for quarterly Weighted Average Shares Outstanding (Diluted) is 13.8 million (Q4 2021) to 17.2 million (Q1 2026).
- Year-over-year, Weighted Average Shares Outstanding (Diluted) increased in five of the last eight quarters, with growth averaging 7.3%.
- The fastest year-over-year change in Weighted Average Shares Outstanding (Diluted) over five years came in Q3 2021 (growth of 544.8%), and the weakest in Q3 2025 (a decline of 8.9%).
- Business Quant data shows ROOT's Weighted Average Shares Outstanding (Diluted) at 17.2 million (Q1 2026), 17.1 million (Q4 2025) and 15.4 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 139.60 Bn | 85.24 Bn | 8.67 Bn | 389.37 Mn |
| 2 | Progressive | 130.71 Bn | 106.24 Bn | 8.29 Bn | 582.20 Mn |
| 3 | Marsh & Mclennan Companies | 97.32 Bn | 89.48 Bn | - | 479.00 Mn |
| 4 | Travelers Companies | 81.25 Bn | 58.74 Bn | 5.93 Bn | 210.60 Mn |
| 5 | Manulife Financial | 75.13 Bn | -20.38 Bn | - | 1.71 Bn |
| 6 | Arthur J. Gallagher | 71.64 Bn | 66.23 Bn | - | 259.40 Mn |
| 7 | Aon | 71.01 Bn | 50.21 Bn | - | 213.00 Mn |
| 8 | Metlife | 65.78 Bn | -41.00 Bn | 7.82 Bn | 646.90 Mn |
| 9 | Allstate | 63.29 Bn | 23.13 Bn | 7.41 Bn | 255.30 Mn |
| 10 | Root | 656.96 Mn | -1.74 Bn | - | 16.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 16.80 Mn |
| Jun 30, 2026 | 17.00 Mn |
| Mar 31, 2026 | 17.20 Mn |
| Dec 31, 2025 | 17.10 Mn |
| Sep 30, 2025 | 15.40 Mn |
| Jun 30, 2025 | 17.10 Mn |
| Mar 31, 2025 | 17.20 Mn |
| Dec 31, 2024 | 16.90 Mn |
| Sep 30, 2024 | 16.90 Mn |
| Jun 30, 2024 | 14.90 Mn |
| Mar 31, 2024 | 14.60 Mn |
| Dec 31, 2023 | 14.40 Mn |
| Sep 30, 2023 | 14.50 Mn |
| Jun 30, 2023 | 14.40 Mn |
| Mar 31, 2023 | 14.20 Mn |
| Dec 31, 2022 | 14.10 Mn |
| Sep 30, 2022 | 14.10 Mn |
| Jun 30, 2022 | 14.10 Mn |
| Mar 31, 2022 | 14.00 Mn |
| Dec 31, 2021 | 13.80 Mn |
API Access
Root Shares Outstanding (Diluted) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=ROOT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "ROOT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=ROOT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();