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Side-by-side financial comparison of Root, Inc. (ROOT) and Skyward Specialty Insurance Group, Inc. (SKWD). Click either name above to swap in a different company.
Root, Inc. is the larger business by last-quarter revenue ($397.0M vs $385.6M, roughly 1.0× Skyward Specialty Insurance Group, Inc.). On growth, Skyward Specialty Insurance Group, Inc. posted the faster year-over-year revenue change (26.7% vs 21.5%). Over the past eight quarters, Root, Inc.'s revenue compounded faster (24.8% CAGR vs 20.6%).
Root Insurance Company is an online car insurance company operating in the United States.
Skyward Specialty Insurance Group, Inc. is a specialty property and casualty insurance provider offering tailored coverage solutions including commercial auto, general liability, professional indemnity, and specialty property policies. It primarily serves small-to-medium enterprises and niche industry segments across the United States, focusing on underwriting complex, hard-to-place risks for underserved client groups.
ROOT vs SKWD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $397.0M | $385.6M |
| Net Profit | — | $43.2M |
| Gross Margin | — | — |
| Operating Margin | 2.6% | 14.2% |
| Net Margin | — | 11.2% |
| Revenue YoY | 21.5% | 26.7% |
| Net Profit YoY | — | 200.1% |
| EPS (diluted) | $0.35 | $1.03 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $397.0M | $385.6M | ||
| Q3 25 | $387.8M | $382.5M | ||
| Q2 25 | $382.9M | $319.9M | ||
| Q1 25 | $349.4M | $328.5M | ||
| Q4 24 | $326.7M | $304.4M | ||
| Q3 24 | $305.7M | $300.9M | ||
| Q2 24 | $289.2M | $279.9M | ||
| Q1 24 | $254.9M | $265.0M |
| Q4 25 | — | $43.2M | ||
| Q3 25 | $-5.4M | $45.9M | ||
| Q2 25 | $22.0M | $38.8M | ||
| Q1 25 | $18.4M | $42.1M | ||
| Q4 24 | — | $14.4M | ||
| Q3 24 | $22.8M | $36.7M | ||
| Q2 24 | $-7.8M | $31.0M | ||
| Q1 24 | $-6.2M | $36.8M |
| Q4 25 | 2.6% | 14.2% | ||
| Q3 25 | 0.1% | 15.8% | ||
| Q2 25 | 7.1% | 15.6% | ||
| Q1 25 | 6.8% | 15.7% | ||
| Q4 24 | 10.7% | 6.1% | ||
| Q3 24 | 11.3% | 15.6% | ||
| Q2 24 | 1.3% | 14.4% | ||
| Q1 24 | 2.1% | 17.7% |
| Q4 25 | — | 11.2% | ||
| Q3 25 | -1.4% | 12.0% | ||
| Q2 25 | 5.7% | 12.1% | ||
| Q1 25 | 5.3% | 12.8% | ||
| Q4 24 | — | 4.7% | ||
| Q3 24 | 7.5% | 12.2% | ||
| Q2 24 | -2.7% | 11.1% | ||
| Q1 24 | -2.4% | 13.9% |
| Q4 25 | $0.35 | $1.03 | ||
| Q3 25 | $-0.35 | $1.10 | ||
| Q2 25 | $1.29 | $0.93 | ||
| Q1 25 | $1.07 | $1.01 | ||
| Q4 24 | $1.42 | $0.33 | ||
| Q3 24 | $1.35 | $0.89 | ||
| Q2 24 | $-0.52 | $0.75 | ||
| Q1 24 | $-0.42 | $0.90 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $669.3M | $168.5M |
| Total DebtLower is stronger | $200.3M | — |
| Stockholders' EquityBook value | $284.3M | $1.0B |
| Total Assets | $1.7B | $4.8B |
| Debt / EquityLower = less leverage | 0.70× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $669.3M | $168.5M | ||
| Q3 25 | $653.3M | $160.1M | ||
| Q2 25 | $641.4M | $136.6M | ||
| Q1 25 | $609.4M | $112.9M | ||
| Q4 24 | $599.3M | $121.6M | ||
| Q3 24 | $674.8M | $105.6M | ||
| Q2 24 | $667.2M | $73.0M | ||
| Q1 24 | $640.5M | $85.1M |
| Q4 25 | $200.3M | — | ||
| Q3 25 | $200.4M | — | ||
| Q2 25 | $200.1M | — | ||
| Q1 25 | $200.0M | — | ||
| Q4 24 | $200.1M | — | ||
| Q3 24 | $300.9M | — | ||
| Q2 24 | $300.1M | — | ||
| Q1 24 | $299.3M | — |
| Q4 25 | $284.3M | $1.0B | ||
| Q3 25 | $265.0M | $961.4M | ||
| Q2 25 | $244.5M | $899.9M | ||
| Q1 25 | $228.7M | $850.7M | ||
| Q4 24 | $203.7M | $794.0M | ||
| Q3 24 | $181.9M | $797.5M | ||
| Q2 24 | $151.3M | $723.6M | ||
| Q1 24 | $165.7M | $692.3M |
| Q4 25 | $1.7B | $4.8B | ||
| Q3 25 | $1.6B | $4.6B | ||
| Q2 25 | $1.6B | $4.3B | ||
| Q1 25 | $1.6B | $4.0B | ||
| Q4 24 | $1.5B | $3.7B | ||
| Q3 24 | $1.6B | $3.6B | ||
| Q2 24 | $1.5B | $3.4B | ||
| Q1 24 | $1.4B | $3.2B |
| Q4 25 | 0.70× | — | ||
| Q3 25 | 0.76× | — | ||
| Q2 25 | 0.82× | — | ||
| Q1 25 | 0.87× | — | ||
| Q4 24 | 0.98× | — | ||
| Q3 24 | 1.65× | — | ||
| Q2 24 | 1.98× | — | ||
| Q1 24 | 1.81× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $206.5M | $408.1M |
| Free Cash FlowOCF − Capex | — | $402.6M |
| FCF MarginFCF / Revenue | — | 104.4% |
| Capex IntensityCapex / Revenue | 0.0% | 1.4% |
| Cash ConversionOCF / Net Profit | — | 9.44× |
| TTM Free Cash FlowTrailing 4 quarters | — | $755.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $206.5M | $408.1M | ||
| Q3 25 | $57.6M | $171.4M | ||
| Q2 25 | $52.0M | $88.2M | ||
| Q1 25 | $26.8M | $96.8M | ||
| Q4 24 | $195.7M | $305.1M | ||
| Q3 24 | $49.4M | $168.0M | ||
| Q2 24 | $62.6M | $21.0M | ||
| Q1 24 | $14.5M | $94.3M |
| Q4 25 | — | $402.6M | ||
| Q3 25 | — | $168.9M | ||
| Q2 25 | — | $87.1M | ||
| Q1 25 | — | $96.6M | ||
| Q4 24 | $195.3M | $300.9M | ||
| Q3 24 | — | $167.6M | ||
| Q2 24 | $62.4M | $18.4M | ||
| Q1 24 | $14.3M | $94.0M |
| Q4 25 | — | 104.4% | ||
| Q3 25 | — | 44.2% | ||
| Q2 25 | — | 27.2% | ||
| Q1 25 | — | 29.4% | ||
| Q4 24 | 59.8% | 98.8% | ||
| Q3 24 | — | 55.7% | ||
| Q2 24 | 21.6% | 6.6% | ||
| Q1 24 | 5.6% | 35.5% |
| Q4 25 | 0.0% | 1.4% | ||
| Q3 25 | 0.0% | 0.6% | ||
| Q2 25 | 0.0% | 0.3% | ||
| Q1 25 | 0.0% | 0.1% | ||
| Q4 24 | 0.1% | 1.4% | ||
| Q3 24 | 0.0% | 0.1% | ||
| Q2 24 | 0.1% | 0.9% | ||
| Q1 24 | 0.1% | 0.1% |
| Q4 25 | — | 9.44× | ||
| Q3 25 | — | 3.73× | ||
| Q2 25 | 2.36× | 2.27× | ||
| Q1 25 | 1.46× | 2.30× | ||
| Q4 24 | — | 21.18× | ||
| Q3 24 | 2.17× | 4.58× | ||
| Q2 24 | — | 0.68× | ||
| Q1 24 | — | 2.56× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
