Lemonade, Inc.

LMND Financial Insurance Property & Casualty

Lemonade, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $737.9 million, up 40.2% from fiscal 2024.

Revenue
+79.4%
EPS
+6.67%
Free cash flow
−335.3%
Total debt
+67.1%

Quarter to June 2026, against a year earlier

45.65 4.31 +10.43%
Market cap
$3.2B
P/E
0.0×
Fwd P/E
−23.2×
Dividend yield
—
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Lemonade, Inc. (LMND) Return on equity

Alert me on Return on equity

Lemonade, Inc.'s return on equity over the twelve months to 30 June 2026 was −27.0%, up 2.4 percentage points from fiscal 2025 (−29.4%). Over the past ten years it has ranged from −68.2% (fiscal 2020) to 98.9% (fiscal 2018); the current reading is higher than 67% of that period. That is below the Insurance Property & Casualty industry median of 16.9% and below the Financial sector median of 9.02%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2025 −29.4% 1.68
FY2024 −31.1% (0.98)
FY2023 −30.1% 2.04
FY2022 −32.1% (0.55)
FY2021 −31.6% 36.67
FY2020 −68.2% (151.21)
FY2019 83.0% (15.90)
FY2018 98.9% 46.36
FY2017 52.5% —

Against its own ten years

Low −68.2% High 98.9%
Ten-year median −30.1%
Current reading's percentile 67

Return on equity against peers

Company Return on equity
SLDE Slide Insurance Holdings, Inc. compare 51.4%
PRCH Porch Group, Inc. compare 47.8%
HCI HCI Group, Inc. compare 30.5%
PLMR Palomar Holdings, Inc. compare 22.2%
SKWD Skyward Specialty Insurance Group, Inc. compare 17.3%
HMN Horace Mann Educators Corporation compare 12.4%
HGTY Hagerty, Inc. compare 1.10%
KMPR Kemper Corporation compare −19.3%
LMND Lemonade, Inc. −27.0%
Insurance Property & Casualty industry median 16.9%
Financial sector median 9.02%
Market median 1.07%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)

The full definition of Return on equity →

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