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% quarter-over-quarter from 5.34% in Q4 2025.
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Analysis
Lemonade (LMND) Tax Rate (2019 - 2026) Analysis & Trends
Lemonade's Tax Rate history runs 8 years deep, the most recent figure standing at 3.47% for 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 for Q1 2026 stood at 3.47%, 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.
- The 5-year median for Tax Rate is 3.05% (2025), against an average of 1.47%.
- The sharpest annual moves came in 2024 and 2025: Tax Rate surged 2771 bps in 2024, then tumbled 2597 bps in 2025.
- Lemonade's Tax Rate stood at 6.46% in 2022, then plunged by 209 bps to 7.07% in 2023, then jumped by 392 bps to 20.63% in 2024, then slumped by 126 bps to 5.34% in 2025, then surged by 35 bps to 3.47% in 2026.
- Business Quant data shows LMND's Tax Rate at 3.47% in Q1 2026, 5.34% in Q4 2025, and 3.31% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 131.15 Bn | 117.38 Bn | 9.13 Bn | 20.47% |
| 2 | Progressive | 128.80 Bn | 123.80 Bn | 9.04 Bn | 21.34% |
| 3 | Travelers Companies | 76.99 Bn | 53.24 Bn | 6.23 Bn | 20.20% |
| 4 | Allstate | 66.35 Bn | 27.62 Bn | 16.28 Bn | 21.03% |
| 5 | Fairfax Financial Holdings | 35.82 Bn | 35.82 Bn | - | -20.41% |
| 6 | Cincinnati Financial | 26.40 Bn | 24.51 Bn | 2.39 Bn | 20.37% |
| 7 | Markel | 22.75 Bn | 5.86 Bn | 2.83 Bn | 21.92% |
| 8 | Loews | 22.37 Bn | 67.62 Mn | 2.57 Bn | 23.04% |
| 9 | Assurant | 14.04 Bn | 12.01 Bn | 2.71 Bn | 20.77% |
| 10 | Lemonade | 4.08 Bn | 3.69 Bn | 140.40 Mn | -3.83% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -3.83% |
| Mar 31, 2026 | -3.47% |
| Dec 31, 2025 | -5.34% |
| Sep 30, 2025 | -3.31% |
| Jun 30, 2025 | -3.05% |
| Mar 31, 2025 | -1.63% |
| Dec 31, 2024 | 20.63% |
| Sep 30, 2024 | -2.89% |
| Jun 30, 2024 | -3.81% |
| Mar 31, 2024 | -4.65% |
| Dec 31, 2023 | -7.07% |
| Sep 30, 2023 | -3.19% |
| Jun 30, 2023 | -1.97% |
| Mar 31, 2023 | -1.70% |
| Dec 31, 2022 | 6.46% |
| Sep 30, 2022 | -2.58% |
| Jun 30, 2022 | -4.46% |
| Mar 31, 2022 | -3.03% |
| Dec 31, 2021 | -2.78% |
| Sep 30, 2021 | -3.43% |