Lemonade (LMND) Invested Capital (2019 - 2026)

Lemonade (LMND) recorded quarterly Invested Capital of $518.0 million in Q1 2026, down 2.92% quarter-over-quarter from $533.6 million in Q4 2025, and down 5.04% on a YoY basis from $545.5 million in Q1 2025.

Lemonade (LMND) Invested Capital (2019 - 2026) Analysis & Trends

Lemonade's Invested Capital history runs 8 years deep, the most recent figure standing at $518.0 million for Q1 2026.

  • In Q1 2026, Invested Capital fell 5.04% year-over-year to $518.0 million; the TTM figure through Mar 2026 stood at $518.0 million (down 5.04% YoY), while the FY2025 annual figure was $533.6 million, down 10.08% from the prior year.
  • Invested Capital was $518.0 million for Q1 2026 at Lemonade, down from $533.6 million in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $912.7 million in Q1 2022 to a low of $516.2 million in Q3 2025.
  • Historically, Invested Capital has averaged $688.4 million across 5 years, with a median of $676.4 million in 2024.
  • The sharpest annual moves came in 2022 and 2026: Invested Capital decreased 22.92% in 2022, then retreated 5.04% in 2026.
  • A 5-year view of Invested Capital shows it stood at $866.8 million in 2022, then declined by 18.22% to $708.9 million in 2023, then fell by 16.29% to $593.4 million in 2024, then dropped by 10.08% to $533.6 million in 2025, then declined by 2.92% to $518.0 million in 2026.
  • The last three Invested Capital figures came in at $518.0 million (Q1 2026), $533.6 million (Q4 2025), and $516.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Chubb 127.40 Bn 119.98 Bn 8.64 Bn 89.76 Bn
2 Progressive 119.47 Bn 115.12 Bn 8.36 Bn 40.43 Bn
3 Travelers Companies 65.26 Bn 41.34 Bn 5.54 Bn 41.25 Bn
4 Allstate 57.33 Bn 32.74 Bn 14.72 Bn 39.08 Bn
5 Berkley W R 26.90 Bn 23.16 Bn 2.72 Bn 9.74 Bn
6 Cincinnati Financial 25.67 Bn 24.41 Bn 2.60 Bn 16.51 Bn
7 Markel 22.97 Bn 7.51 Bn 2.38 Bn 22.51 Bn
8 Loews 22.18 Bn 9.92 Bn -1.32 Bn 18.71 Bn
9 Assurant 12.79 Bn 10.87 Bn 2.01 Bn 5.87 Bn
10 Lemonade 3.93 Bn 3.52 Bn 146.50 Mn 518.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 518.00 Mn
Dec 31, 2025 533.60 Mn
Sep 30, 2025 516.20 Mn
Jun 30, 2025 527.10 Mn
Mar 31, 2025 545.50 Mn
Dec 31, 2024 593.40 Mn
Sep 30, 2024 593.00 Mn
Jun 30, 2024 635.20 Mn
Mar 31, 2024 676.40 Mn
Dec 31, 2023 708.90 Mn
Sep 30, 2023 726.90 Mn
Jun 30, 2023 771.00 Mn
Mar 31, 2023 821.80 Mn
Dec 31, 2022 866.80 Mn
Sep 30, 2022 906.80 Mn
Jun 30, 2022 849.10 Mn
Mar 31, 2022 912.70 Mn
Dec 31, 2021 988.20 Mn
Sep 30, 2021 1.05 Bn
Jun 30, 2021 1.10 Bn