Root, Inc.

NasdaqGS:ROOT Stock Report

Market Cap: US$1.1b

Root Management

Management criteria checks 1/4

Root's CEO is Alex Timm, appointed in Mar 2015, has a tenure of 9.83 years. total yearly compensation is $8.69M, comprised of 8.6% salary and 91.4% bonuses, including company stock and options. directly owns 7.4% of the company’s shares, worth $84.19M. The average tenure of the management team and the board of directors is 1.9 years and 4.3 years respectively.

Key information

Alex Timm

Chief executive officer

US$8.7m

Total compensation

CEO salary percentage8.6%
CEO tenure9.8yrs
CEO ownership7.4%
Management average tenure1.9yrs
Board average tenure4.3yrs

Recent management updates

Recent updates

Root, Inc. (NASDAQ:ROOT) Stock's 30% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Dec 20
Root, Inc. (NASDAQ:ROOT) Stock's 30% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Root, Inc. (NASDAQ:ROOT) Stock Rockets 74% But Many Are Still Ignoring The Company

Nov 01
Root, Inc. (NASDAQ:ROOT) Stock Rockets 74% But Many Are Still Ignoring The Company

Root, Inc. Has Entered The World Of Profits (Rating Upgrade)

Nov 01

Root Inc. Q3 Earnings Preview: Loss Ratio Not Sustainable

Oct 24

Take Care Before Jumping Onto Root, Inc. (NASDAQ:ROOT) Even Though It's 36% Cheaper

Aug 19
Take Care Before Jumping Onto Root, Inc. (NASDAQ:ROOT) Even Though It's 36% Cheaper

Root Inc: Rising Insurer In A Competitive Space

Aug 11

Root, Inc. (NASDAQ:ROOT) Might Not Be As Mispriced As It Looks After Plunging 33%

Jun 19
Root, Inc. (NASDAQ:ROOT) Might Not Be As Mispriced As It Looks After Plunging 33%

Root, Inc.: Promising Embedded Strategy With Potential Nationwide Expansion

May 06

Not Many Are Piling Into Root, Inc. (NASDAQ:ROOT) Stock Yet As It Plummets 32%

May 05
Not Many Are Piling Into Root, Inc. (NASDAQ:ROOT) Stock Yet As It Plummets 32%

Root, Inc. (NASDAQ:ROOT) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

May 03
Root, Inc. (NASDAQ:ROOT) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

Small Cap Nuance With Courage & Conviction Investing

Mar 04

Root, Inc. (NASDAQ:ROOT) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

Feb 25
Root, Inc. (NASDAQ:ROOT) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

Root, Inc. Q4 Earnings: Current Price Requires Exceptional Growth

Feb 23

Investors Holding Back On Root, Inc. (NASDAQ:ROOT)

Jan 15
Investors Holding Back On Root, Inc. (NASDAQ:ROOT)

Industry Analysts Just Made A Sizeable Upgrade To Their Root, Inc. (NASDAQ:ROOT) Revenue Forecasts

Aug 10
Industry Analysts Just Made A Sizeable Upgrade To Their Root, Inc. (NASDAQ:ROOT) Revenue Forecasts

Root Insurance: Spiral Of Death But There Is Hope

Aug 16

Root Q2 2022 Earnings Preview

Aug 05

Root partners with 2 national football league teams, 1 major league baseball team

Jul 12

Root: Shares Up 53% Last Week And Still Trading Below Cash - But Avoid

Mar 21

Root Seeks Major Cost Reductions To Stanch High Losses

Jan 25

Root: 85% Down From IPO After Q3 Results, But Still Too Speculative

Nov 24

CEO Compensation Analysis

How has Alex Timm's remuneration changed compared to Root's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$16m

Jun 30 2024n/an/a

-US$84m

Mar 31 2024n/an/a

-US$113m

Dec 31 2023US$9mUS$750k

-US$147m

Sep 30 2023n/an/a

-US$182m

Jun 30 2023n/an/a

-US$202m

Mar 31 2023n/an/a

-US$261m

Dec 31 2022US$5mUS$750k

-US$298m

Sep 30 2022n/an/a

-US$349m

Jun 30 2022n/an/a

-US$416m

Mar 31 2022n/an/a

-US$499m

Dec 31 2021US$6mUS$710k

-US$521m

Sep 30 2021n/an/a

-US$544m

Jun 30 2021n/an/a

-US$497m

Mar 31 2021n/an/a

-US$357m

Dec 31 2020US$4mUS$600k

-US$363m

Sep 30 2020n/an/a

-US$315m

Jun 30 2020n/an/a

-US$330m

Mar 31 2020n/an/a

-US$339m

Dec 31 2019US$1mUS$298k

-US$282m

Compensation vs Market: Alex's total compensation ($USD8.69M) is above average for companies of similar size in the US market ($USD3.22M).

Compensation vs Earnings: Alex's compensation has increased whilst the company is unprofitable.

CEO

Alex Timm (35 yo)

9.8yrs

Tenure

US$8,687,806

Compensation

Mr. Alexander Edward Timm, also known as Alex, is Co-Founder of Root, Inc. in March 2015 and has been its Chief Executive Officer & Director since March 2015. He serves as CEO of The Root Property & Casual...

Leadership Team

NamePositionTenureCompensationOwnership
Alexander Timm
Co-Founder9.8yrsUS$8.69m7.4%
$ 84.2m
Mahtiyar Bonakdarpour
President & CTO2.9yrsUS$4.19m1.9%
$ 21.6m
Jonathan Allison
Chief Administrative Officer1.7yrsUS$3.23m0.40%
$ 4.6m
Megan Binkley
Chief Financial Officer1.8yrsno data0.10%
$ 1.2m
Ryan Forish
Chief Accounting Officerless than a yearno data0.097%
$ 1.1m
Matthew LaMalva
Head of Investor Relations1.3yrsno datano data
Jodi Baker
VP, General Counsel & Secretaryno datano datano data
Kelly Ruoff
Chief Communications Officer1.9yrsno datano data
Jill Kellett
Vice President of Product & Marketing2yrsno datano data
Katelynn Sandy
Chief Information Security Officer2.1yrsno datano data
Mark LeMaster
Chief Claims & Customer Service Officer2.1yrsno datano data
Jason Shapiro
Senior Vice President of Business Development1.7yrsno datano data

1.9yrs

Average Tenure

40yo

Average Age

Experienced Management: ROOT's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Alexander Timm
Co-Founder9.8yrsUS$8.69m7.4%
$ 84.2m
Lawrence Hilsheimer
Lead Independent Director4.3yrsUS$258.92k0.27%
$ 3.0m
Nancy Kramer
Independent Director4.4yrsUS$183.88k0.068%
$ 775.5k
Jerri DeVard
Independent Director4.3yrsUS$177.10k0.052%
$ 588.8k
Douglas Ulman
Independent Director8.1yrsUS$179.75k0.13%
$ 1.5m
Beth Birnbaum
Independent Director2.8yrsUS$163.88k0.065%
$ 739.0k
Julie Szudarek
Independent Director2.5yrsUS$166.38k0.058%
$ 663.0k
Donna Dorsey
Independent Director1.3yrsUS$76.28k0.016%
$ 186.5k

4.3yrs

Average Tenure

52.5yo

Average Age

Experienced Board: ROOT's board of directors are considered experienced (4.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/05 02:13
End of Day Share Price 2025/01/03 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Root, Inc. is covered by 17 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tracy Dolin-BenguiguiBarclays
Ross SandlerBarclays
Tracy Dolin-BenguiguiBarclays