Lemonade (LMND) Invested Capital (2022 - 2026)
Lemonade (LMND) recorded Invested Capital of $705.9 million in Q2 2026, up 8.5% from $650.6 million a year earlier and up 1.2% from the prior quarter.
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Analysis
Lemonade (LMND) Invested Capital (2022 - 2026) Analysis & Trends
For FY2025, Lemonade reported Invested Capital of $691.7 million, up 2.2% from FY2024.
- Annual Invested Capital has a three-year compound annual growth rate of -7.2% (FY2022 to FY2025).
- Across earlier years, Invested Capital came in at $676.8 million in FY2024 (-6.5%), $723.8 million in FY2023 (-16.5%) and $866.8 million in FY2022.
- The Q2 2026 figure is the highest quarterly Invested Capital since Q4 2023.
- On a year-over-year basis, Invested Capital has increased for three consecutive quarters, with an average decline of 1.4% over the last eight quarters.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 8.5% in Q2 2026, against a decline of 16.5% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $697.6 million (Q1 2026), $691.7 million (Q4 2025) and $655.2 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,073.91 Bn | -343.57 Bn | 55.86 Bn | - |
| 2 | Chubb | 125.44 Bn | 77.50 Bn | 9.13 Bn | 81.94 Bn |
| 3 | Progressive | 120.54 Bn | 96.37 Bn | 9.04 Bn | - |
| 4 | Marsh & Mclennan Companies | 81.59 Bn | 73.34 Bn | - | 35.99 Bn |
| 5 | Travelers Companies | 74.40 Bn | 50.64 Bn | 6.23 Bn | - |
| 6 | Manulife Financial | 72.53 Bn | 73.74 Bn | - | 44.43 Bn |
| 7 | Metlife | 60.06 Bn | -46.42 Bn | 7.82 Bn | 33.35 Bn |
| 8 | Aon | 58.71 Bn | 51.95 Bn | - | 24.65 Bn |
| 9 | Arthur J. Gallagher | 58.49 Bn | 52.93 Bn | - | 37.22 Bn |
| 10 | Lemonade | 3.49 Bn | 1.91 Bn | - | 705.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 705.90 Mn |
| Mar 31, 2026 | 697.60 Mn |
| Dec 31, 2025 | 691.70 Mn |
| Sep 30, 2025 | 655.20 Mn |
| Jun 30, 2025 | 650.60 Mn |
| Mar 31, 2025 | 647.40 Mn |
| Dec 31, 2024 | 676.80 Mn |
| Sep 30, 2024 | 660.40 Mn |
| Jun 30, 2024 | 679.10 Mn |
| Mar 31, 2024 | 704.70 Mn |
| Dec 31, 2023 | 723.80 Mn |
| Sep 30, 2023 | 734.60 Mn |
| Dec 31, 2022 | 866.80 Mn |
API Access
Lemonade Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=LMND&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "LMND", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=LMND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();