Lemonade (LMND) Equity Ratio (2019 - 2026)

Lemonade's Equity Ratio history runs 8 years deep, the most recent figure standing at 0.26 for Q1 2026.

• In Q1 2026, Equity Ratio fell 9.95% year-over-year to 0.26; the TTM figure through Mar 2026 stood at 0.26 (down 9.95% YoY), while the FY2025 annual figure was 0.28, down 13.65% from the prior year.
• Equity Ratio was 0.26 for Q1 2026 at Lemonade, down from 0.28 in the prior quarter.
• In the past five years, Equity Ratio ranged from a high of 0.61 in Q1 2022 to a low of 0.26 in Q1 2026.
• Historically, Equity Ratio has averaged 0.41 across 5 years, with a median of 0.41 in 2024.
• The sharpest annual moves came in 2025 and 2026: Equity Ratio dropped 28.48% in 2025, then retreated 9.95% in 2026.
• A 5-year view of Equity Ratio shows it stood at 0.51 in 2022, then slipped by 15.34% to 0.43 in 2023, then decreased by 26.06% to 0.32 in 2024, then declined by 13.65% to 0.28 in 2025, then slipped by 4.52% to 0.26 in 2026.
• The last three Equity Ratio figures came in at 0.26 (Q1 2026), 0.28 (Q4 2025), and 0.27 (Q3 2025), per Business Quant data.