Lemonade (LMND) Debt to Equity (2023 - 2026)

Lemonade (LMND) posted quarterly Debt to Equity of $0.35 for Q1 2026, up 85.61% year-over-year from $0.19 in Q1 2025, and up 17.02% on a QoQ basis from $0.3 in Q4 2025.

Lemonade (LMND) Debt to Equity (2023 - 2026) Analysis & Trends

Lemonade (LMND) has reported Debt to Equity for 4 consecutive years, with $0.35 the latest figure, recorded in Q1 2026.

  • In Q1 2026, Debt to Equity rose 85.61% year-over-year to $0.35; the TTM figure through Mar 2026 stood at $0.35 (up 85.61% YoY), while the FY2025 annual figure was $0.3, up 110.81% from the prior year.
  • Debt to Equity came in at $0.35 for Q1 2026 at Lemonade, up from $0.3 in the prior quarter.
  • The five-year high for Debt to Equity was $0.35 in Q1 2026, with the low at $0.01 in Q3 2023.
  • Average Debt to Equity over 4 years is $0.16, with a median of $0.14 recorded in 2024.
  • Across the five-year window, Debt to Equity soared 972.97% in 2024 and soared 85.61% in 2026, its largest moves.
  • Year by year, Debt to Equity stood at $0.02 in 2023, then soared by 568.68% to $0.14 in 2024, then soared by 110.81% to $0.3 in 2025, then rose by 17.02% to $0.35 in 2026.
  • According to Business Quant data, Debt to Equity over the past three periods registered $0.35, $0.3, and $0.27 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Markel 7,105.55 Bn 7,090.09 Bn 2.38 Bn -
2 Progressive 131.92 Bn 127.57 Bn 8.36 Bn -
3 Chubb 78.78 Bn 71.35 Bn 8.64 Bn 0.03
4 Cincinnati Financial 74.32 Bn 73.06 Bn 2.60 Bn 0.05
5 Travelers Companies 72.03 Bn 48.11 Bn 5.54 Bn -
6 Allstate 63.08 Bn 38.49 Bn 14.72 Bn -
7 Fairfax Financial Holdings 34.53 Bn 39.18 Bn - -
8 Loews 23.53 Bn 11.27 Bn -1.32 Bn 0.48
9 Selective Insurance 20.82 Bn 19.07 Bn 543.42 Mn -
10 Lemonade 5.29 Bn 4.89 Bn 146.50 Mn 0.35

Historic Data

Download Data
DateValue
Mar 31, 2026 0.35
Dec 31, 2025 0.30
Sep 30, 2025 0.27
Jun 30, 2025 0.23
Mar 31, 2025 0.19
Dec 31, 2024 0.14
Sep 30, 2024 0.11
Jun 30, 2024 0.07
Mar 31, 2024 0.04
Dec 31, 2023 0.02
Sep 30, 2023 0.01