Lemonade (LMND) Tax Rate (2019 - 2026)
Lemonade (LMND) posted quarterly Tax Rate of 3.47% for Q1 2026, down 184.0% year-over-year from 4.13% in Q1 2025, and up 35.05% on a QoQ basis from 5.34% in Q4 2025.
Lemonade (LMND) Tax Rate (2019 - 2026) Analysis & Trends
Lemonade (LMND) has reported Tax Rate for 8 consecutive years, with 3.47% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 184.0% year-over-year to 3.47%; the TTM figure through Mar 2026 stood at 3.58% (down 485.0% YoY), while the FY2025 annual figure was 2.86%, down 369.0% from the prior year.
- Tax Rate came in at 3.47% for Q1 2026 at Lemonade, up from 5.34% in the prior quarter.
- The five-year high for Tax Rate was 20.63% in Q4 2024, with the low at 7.07% in Q4 2023.
- Average Tax Rate over 5 years is 1.47%, with a median of 3.05% recorded in 2025.
- Across the five-year window, Tax Rate soared 2771 bps in 2024 and sank 2597 bps in 2025, its largest moves.
- Year by year, Tax Rate stood at 6.46% in 2022, then slumped by 209 bps to 7.07% in 2023, then surged by 392 bps to 20.63% in 2024, then plunged by 126 bps to 5.34% in 2025, then soared by 35 bps to 3.47% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 3.47%, 5.34%, and 3.31% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Markel | 7,105.55 Bn | 7,090.09 Bn | 2.38 Bn | 24.30% |
| 2 | Progressive | 131.92 Bn | 127.57 Bn | 8.36 Bn | 20.98% |
| 3 | Chubb | 78.78 Bn | 71.35 Bn | 8.64 Bn | 21.58% |
| 4 | Cincinnati Financial | 74.32 Bn | 73.06 Bn | 2.60 Bn | 15.95% |
| 5 | Travelers Companies | 72.03 Bn | 48.11 Bn | 5.54 Bn | 19.25% |
| 6 | Allstate | 63.08 Bn | 38.49 Bn | 14.72 Bn | 20.91% |
| 7 | Fairfax Financial Holdings | 34.53 Bn | 39.18 Bn | - | -29.23% |
| 8 | Loews | 23.53 Bn | 11.27 Bn | -1.32 Bn | 23.54% |
| 9 | Selective Insurance | 20.82 Bn | 19.07 Bn | 543.42 Mn | 24.49% |
| 10 | Lemonade | 5.29 Bn | 4.89 Bn | 146.50 Mn | -3.47% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.47% |
| Mar 31, 2026 | -3.47% |
| Dec 31, 2025 | -5.34% |
| Dec 31, 2025 | -5.34% |
| Sep 30, 2025 | -3.31% |
| Sep 30, 2025 | -3.31% |
| Jun 30, 2025 | -3.05% |
| Jun 30, 2025 | -3.05% |
| Mar 31, 2025 | -1.63% |
| Mar 31, 2025 | -1.63% |
| Dec 31, 2024 | 20.63% |
| Dec 31, 2024 | 20.63% |
| Sep 30, 2024 | -2.89% |
| Sep 30, 2024 | -2.89% |
| Jun 30, 2024 | -3.81% |
| Jun 30, 2024 | -3.81% |
| Mar 31, 2024 | -4.65% |
| Mar 31, 2024 | -4.65% |
| Dec 31, 2023 | -7.07% |
| Dec 31, 2023 | -7.07% |