Lemonade (LMND) Debt Ratio (2023 - 2026)

Lemonade (LMND) recorded quarterly Debt Ratio of 0.09 in Q1 2026, up 11.73% quarter-over-quarter from 0.08 in Q4 2025, and up 67.13% on a YoY basis from 0.05 in Q1 2025.

Lemonade (LMND) Debt Ratio (2023 - 2026) Analysis & Trends

Lemonade's Debt Ratio history runs 4 years deep, the most recent figure standing at 0.09 for Q1 2026.

  • In Q1 2026, Debt Ratio rose 67.13% year-over-year to 0.09; the TTM figure through Mar 2026 stood at 0.09 (up 67.13% YoY), while the FY2025 annual figure was 0.08, up 82.03% from the prior year.
  • Debt Ratio was 0.09 for Q1 2026 at Lemonade, up from 0.08 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.09 in Q1 2026 to a low of 0.0 in Q3 2023.
  • Historically, Debt Ratio has averaged 0.05 across 4 years, with a median of 0.05 in 2024.
  • The sharpest annual moves came in 2024 and 2026: Debt Ratio surged 691.11% in 2024, then jumped 67.13% in 2026.
  • A 4-year view of Debt Ratio shows it stood at 0.01 in 2023, then soared by 394.41% to 0.05 in 2024, then surged by 82.03% to 0.08 in 2025, then increased by 11.73% to 0.09 in 2026.
  • The last three Debt Ratio figures came in at 0.09 (Q1 2026), 0.08 (Q4 2025), and 0.07 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Chubb 127.40 Bn 119.98 Bn 8.64 Bn 0.01
2 Progressive 119.47 Bn 115.12 Bn 8.36 Bn -
3 Travelers Companies 65.26 Bn 41.34 Bn 5.54 Bn -
4 Allstate 57.33 Bn 32.74 Bn 14.72 Bn -
5 Berkley W R 26.90 Bn 23.16 Bn 2.72 Bn 0.04
6 Cincinnati Financial 25.67 Bn 24.41 Bn 2.60 Bn 0.02
7 Markel 22.97 Bn 7.51 Bn 2.38 Bn -
8 Loews 22.18 Bn 9.92 Bn -1.32 Bn 0.10
9 Assurant 12.79 Bn 10.87 Bn 2.01 Bn 0.06
10 Lemonade 3.93 Bn 3.52 Bn 146.50 Mn 0.09

Historic Data

Download Data
DateValue
Mar 31, 2026 0.09
Dec 31, 2025 0.08
Sep 30, 2025 0.07
Jun 30, 2025 0.06
Mar 31, 2025 0.05
Dec 31, 2024 0.05
Sep 30, 2024 0.04
Jun 30, 2024 0.03
Mar 31, 2024 0.02
Dec 31, 2023 0.01
Sep 30, 2023 0.00