Lemonade (LMND) Debt to Equity (2023 - 2026)
Lemonade (LMND) recorded quarterly Debt to Equity of $0.35 in Q1 2026, up 17.02% quarter-over-quarter from $0.3 in Q4 2025, and up 85.61% on a YoY basis from $0.19 in Q1 2025.
Lemonade (LMND) Debt to Equity (2023 - 2026) Analysis & Trends
Lemonade's Debt to Equity history runs 4 years deep, the most recent figure standing at $0.35 for 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 was $0.35 for Q1 2026 at Lemonade, up from $0.3 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $0.35 in Q1 2026 to a low of $0.01 in Q3 2023.
- Historically, Debt to Equity has averaged $0.16 across 4 years, with a median of $0.14 in 2024.
- The sharpest annual moves came in 2024 and 2026: Debt to Equity soared 972.97% in 2024, then soared 85.61% in 2026.
- A 4-year view of Debt to Equity shows it 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 climbed by 17.02% to $0.35 in 2026.
- The last three Debt to Equity figures came in at $0.35 (Q1 2026), $0.3 (Q4 2025), and $0.27 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 127.40 Bn | 119.98 Bn | 8.64 Bn | 0.03 |
| 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 | 0.17 |
| 6 | Cincinnati Financial | 25.67 Bn | 24.41 Bn | 2.60 Bn | 0.05 |
| 7 | Markel | 22.97 Bn | 7.51 Bn | 2.38 Bn | - |
| 8 | Loews | 22.18 Bn | 9.92 Bn | -1.32 Bn | 0.48 |
| 9 | Assurant | 12.79 Bn | 10.87 Bn | 2.01 Bn | 0.38 |
| 10 | Lemonade | 3.93 Bn | 3.52 Bn | 146.50 Mn | 0.35 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |