Root vs Slide Insurance Holdings
Root is the larger business, with $1.52bn of revenue in fiscal 2025 against $1.16bn for Slide Insurance Holdings (1.3 times as much). Slide Insurance Holdings grew faster (36.5% against 29.0%). Slide Insurance Holdings kept more of each dollar of sales as profit: a net margin of 38.4% against 2.7%. Slide Insurance Holdings carries less debt relative to equity (3.3% against 70.5%).
| Latest fiscal year | RootROOT, 2025 | Slide Insurance HoldingsSLDE, 2025 |
|---|---|---|
| Revenue | $1.52bn | $1.16bn |
| Revenue growth | 29.0% | 36.5% |
| Net income | $40.3m | $444m |
| Operating margin | 4.1% | — |
| Net margin | 2.7% | 38.4% |
| Return on equity | 16.5% | 57.4% |
| Free cash flow | $207m | $795m |
| Cash | $669m | $1.20bn |
| Total debt | $200m | $36.5m |
| Debt to equity | 70.5% | 3.3% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $40.0m |
| Employees | 1,256 | 504 |
| Market value | $904m | $3.25bn |
| Price vs our value range | — | — |
| Moat score | 27 (Weak) | — |
| Insider trades, 12 months | 0 buys, 13 sales | 0 buys, 123 sales |