ROOT vs. ALHC

Last updated Apr 1, 2026

Compare and contrast key facts about Root, Inc. (ROOT) and Alignment Healthcare Holdings, LLC (ALHC).

Performance

ROOT vs. ALHC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Root, Inc. (ROOT) and Alignment Healthcare Holdings, LLC (ALHC). The values are adjusted to include any dividend payments, if applicable.

ROOT vs. ALHC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ROOT Root, Inc.	-38.85%	-0.50%	592.65%	133.41%	-91.95%	-78.38%
ALHC Alignment Healthcare Holdings, LLC	-10.78%	75.56%	30.66%	-26.79%	-16.36%	-18.78%

Fundamentals

Market Cap ROOT : $759.72M ALHC : $3.49B
EPS ROOT : $2.25 ALHC : -$0.00
PS Ratio ROOT : 0.48 ALHC : 0.92
PB Ratio ROOT : 4.41 ALHC : 19.46
Total Revenue (TTM) ROOT : $1.52B ALHC : $3.95B
Gross Profit (TTM) ROOT : -$4.10M ALHC : $471.29M
EBITDA (TTM) ROOT : $70.50M ALHC : $45.50M

Returns By Period

In the year-to-date period, ROOT achieves a -38.85% return, which is significantly lower than ALHC's -10.78% return.

ROOT

• 1D: 2.03%
• 1M: -14.86%
• YTD: -38.85%
• 6M: -50.65%
• 1Y: -66.90%
• 3Y*: 113.95%
• 5Y*: -27.43%
• 10Y*: —

ALHC

• 1D: 4.57%
• 1M: -8.32%
• YTD: -10.78%
• 6M: 0.97%
• 1Y: -5.37%
• 3Y*: 40.45%
• 5Y*: -5.35%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

ROOT vs. ALHC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ROOT

ROOT Risk / Return Rank: 6
ROOT Sharpe Ratio Rank: 6
ROOT Sortino Ratio Rank: 5
ROOT Omega Ratio Rank: 6
ROOT Calmar Ratio Rank: 6
ROOT Martin Ratio Rank: 9

ALHC

ALHC Risk / Return Rank: 36
ALHC Sharpe Ratio Rank: 36
ALHC Sortino Ratio Rank: 33
ALHC Omega Ratio Rank: 33
ALHC Calmar Ratio Rank: 39
ALHC Martin Ratio Rank: 39

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ROOT vs. ALHC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Root, Inc. (ROOT) and Alignment Healthcare Holdings, LLC (ALHC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	ROOT	ALHC	Difference
Sharpe ratio Return per unit of total volatility	-0.94	-0.12	-0.82
Sortino ratio Return per unit of downside risk	-1.62	0.14	-1.75
Omega ratio Gain probability vs. loss probability	0.81	1.02	-0.21
Calmar ratio Return relative to maximum drawdown	-0.94	-0.09	-0.85
Martin ratio Return relative to average drawdown	-1.56	-0.19	-1.37
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ROOT vs. ALHC - Sharpe Ratio Comparison

The current ROOT Sharpe Ratio is -0.94, which is lower than the ALHC Sharpe Ratio of -0.12. The chart below compares the historical Sharpe Ratios of ROOT and ALHC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ROOT	ALHC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.94	-0.12	-0.82
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.27	-0.09	-0.18
Sharpe Ratio (All Time) Calculated using the full available price history	-0.35	0.01	-0.36

Correlation

The correlation between ROOT and ALHC is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

ROOT vs. ALHC - Dividend Comparison

Neither ROOT nor ALHC has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

ROOT vs. ALHC - Drawdown Comparison

The maximum ROOT drawdown since its inception was -99.29%, which is greater than ALHC's maximum drawdown of -83.61%. Use the drawdown chart below to compare losses from any high point for ROOT and ALHC.

Drawdown Indicators

	ROOT	ALHC	Difference
Max Drawdown Largest peak-to-trough decline	-99.29%	-83.61%	-15.68%
Max Drawdown (1Y) Largest decline over 1 year	-72.17%	-41.15%	-31.02%
Max Drawdown (5Y) Largest decline over 5 years	-98.57%	-83.61%	-14.96%
Current Drawdown Current decline from peak	-90.91%	-35.39%	-55.52%
Average Drawdown Average peak-to-trough decline	-83.60%	-52.96%	-30.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	43.41%	19.64%	+23.77%

Volatility

ROOT vs. ALHC - Volatility Comparison

Root, Inc. (ROOT) has a higher volatility of 15.42% compared to Alignment Healthcare Holdings, LLC (ALHC) at 12.59%. This indicates that ROOT's price experiences larger fluctuations and is considered to be riskier than ALHC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ROOT	ALHC	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.42%	12.59%	+2.83%
Volatility (6M) Calculated over the trailing 6-month period	45.11%	30.48%	+14.63%
Volatility (1Y) Calculated over the trailing 1-year period	71.06%	44.59%	+26.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	101.90%	62.26%	+39.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	101.12%	62.53%	+38.59%

Financials

ROOT vs. ALHC - Profitability Comparison

The chart below illustrates the profitability comparison between Root, Inc. and Alignment Healthcare Holdings, LLC over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

ROOT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Root, Inc. reported a gross profit of -294.30M and revenue of 397.00M. Therefore, the gross margin over that period was -74.1%.

ALHC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Alignment Healthcare Holdings, LLC reported a gross profit of 106.03M and revenue of 1.01B. Therefore, the gross margin over that period was 10.5%.

ROOT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Root, Inc. reported an operating income of 10.50M and revenue of 397.00M, resulting in an operating margin of 2.6%.

ALHC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Alignment Healthcare Holdings, LLC reported an operating income of -10.28M and revenue of 1.01B, resulting in an operating margin of -1.0%.

ROOT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Root, Inc. reported a net income of 2.20M and revenue of 397.00M, resulting in a net margin of 0.6%.

ALHC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Alignment Healthcare Holdings, LLC reported a net income of -11.01M and revenue of 1.01B, resulting in a net margin of -1.1%.