How does ROOT's earnings performance compare to industry peers?

Root's earnings performance, compared to its industry peers, shows a lower ROE and ROA, but a higher net margin and gross margin. Here's a detailed comparison:

1. **Return on Equity (ROE)**:
- Root has an ROE of 15.81%, which is lower than The Progressive (36.9%) and Marsh & Mclennan (31.8%), but higher than Chubb (15.01%) and Arthur J. Gallagher (9.46%).
- AON has the highest ROE at 100.25%, indicating a strong equity performance.
2. **Return on Assets (ROA)**:
- Root's ROA is not provided, but its net margin and gross margin are compared to show its profitability.
3. **Net Margin**:
- Root has a net margin of 2.63%, which is lower than The Progressive (11.25%), Marsh & Mclennan (16.83%), Chubb (17.29%), and Arthur J. Gallagher (12.73%).
- AON has the highest net margin at 17.33%, followed by Chubb (16.83%) and Marsh & Mclennan (16.83%).
4. **Gross Margin**:
- Root's gross margin is not provided, but its net margin and ROE indicate a reasonable profitability.
5. **Overall Performance**:
- Root's earnings performance, while lower than some peers, is still positive, with a net margin indicating that it retains a portion of its revenues as profit after all expenses.
- The high ROE of AON suggests it may be generating profits at a very high rate relative to its shareholders' equity, which could be due to factors such as operational efficiency, market conditions, or strategic decisions.

In conclusion, Root's earnings performance is in the middle range compared to its industry peers, with lower ROE and ROA but higher net margins. Its exact position within the insurance industry is defined by these metrics, with AON standing out for its exceptionally high ROE and net margin, and Root showing a more modest but still positive performance.