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| Date | Value |
|---|---|
| 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 |