Lemonade (LMND) Return on Invested Capital [ROIC] (2023 - 2026)
Lemonade (LMND) posted Return on Invested Capital [ROIC] of -19.00% for Q2 2026, up 12.44 percentage points from -31.43% a year earlier and up 0.31 percentage points from the prior quarter.
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Analysis
Lemonade (LMND) Return on Invested Capital [ROIC] (2023 - 2026) Analysis & Trends
For FY2025, Lemonade's Return on Invested Capital [ROIC] came in at -23.51%, up 5.36 percentage points from FY2024.
- In prior years, Lemonade's Return on Invested Capital [ROIC] was -28.87% in FY2024 (+0.02 pp) and -28.89% in FY2023.
- The Q2 2026 figure stands as the highest quarterly Return on Invested Capital [ROIC] in data going back to Q4 2023.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased in each of the last four quarters, with an average year-over-year change of +4.53 percentage points over the last seven quarters.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was -19.30% (Q1 2026), -23.89% (Q4 2025) and -26.62% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.21 Bn | -334.26 Bn | 55.86 Bn | - |
| 2 | Chubb | 127.58 Bn | 79.64 Bn | 9.13 Bn | -11.59% |
| 3 | Progressive | 122.25 Bn | 98.08 Bn | 9.04 Bn | - |
| 4 | Marsh & Mclennan Companies | 81.29 Bn | 73.03 Bn | - | 12.87% |
| 5 | Travelers Companies | 75.19 Bn | 51.44 Bn | 6.23 Bn | - |
| 6 | Manulife Financial | 73.16 Bn | 74.37 Bn | - | 11.21% |
| 7 | Metlife | 60.22 Bn | -46.26 Bn | 7.82 Bn | -102.80% |
| 8 | Arthur J. Gallagher | 57.98 Bn | 52.41 Bn | - | 5.67% |
| 9 | Aon | 57.16 Bn | 50.40 Bn | - | 14.78% |
| 10 | Lemonade | 3.59 Bn | 2.01 Bn | - | -19.00% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -19.00% |
| Mar 31, 2026 | -19.30% |
| Dec 31, 2025 | -23.89% |
| Sep 30, 2025 | -26.62% |
| Jun 30, 2025 | -31.43% |
| Mar 31, 2025 | -32.82% |
| Dec 31, 2024 | -30.24% |
| Sep 30, 2024 | -30.71% |
| Jun 30, 2024 | -28.83% |
| Mar 31, 2024 | -29.44% |
| Dec 31, 2023 | -31.51% |
API Access
Lemonade Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=LMND&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=LMND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();