Lemonade Return on Equity (ROE) Growth & History (LMND)
Lemonade's return on equity was −29.37% for fiscal 2025.
View full Lemonade company overviewLemonade annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −29.37% | +1.68 pp |
| 2024 | 2024-12-31 | −31.05% | −0.98 pp |
| 2023 | 2023-12-31 | −30.07% | +2.04 pp |
| 2022 | 2022-12-31 | −32.11% | −0.55 pp |
| 2021 | 2021-12-31 | −31.56% | +36.67 pp |
| 2020 | 2020-12-31 | −68.23% | — |
Lemonade quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −8.53% | −0.34 pp |
| Q1 2026 | 2026-03-31 | −6.81% | +4.15 pp |
| Q4 2025 | 2025-12-31 | −4.13% | +0.92 pp |
| Q3 2025 | 2025-09-30 | −7.19% | +3.84 pp |
| Q2 2025 | 2025-06-30 | −8.19% | +0.54 pp |
| Q1 2025 | 2025-03-31 | −10.96% | −4.13 pp |
| Q4 2024 | 2024-12-31 | −5.06% | +0.85 pp |
| Q3 2024 | 2024-09-30 | −11.02% | −2.81 pp |
| Q2 2024 | 2024-06-30 | −8.72% | −0.28 pp |
| Q1 2024 | 2024-03-31 | −6.83% | +0.96 pp |
| Q4 2023 | 2023-12-31 | −5.91% | +1.28 pp |
| Q3 2023 | 2023-09-30 | −8.21% | +2.20 pp |
| Q2 2023 | 2023-06-30 | −8.44% | −0.73 pp |
| Q1 2023 | 2023-03-31 | −7.79% | +0.08 pp |
| Q4 2022 | 2022-12-31 | −7.18% | −0.28 pp |
| Q3 2022 | 2022-09-30 | −10.41% | −4.23 pp |
| Q2 2022 | 2022-06-30 | −7.71% | −2.76 pp |
| Q1 2022 | 2022-03-31 | −7.87% | −2.05 pp |
| Q4 2021 | 2021-12-31 | −6.91% | −0.80 pp |
| Q3 2021 | 2021-09-30 | −6.18% | +11.61 pp |
| Q2 2021 | 2021-06-30 | −4.95% | — |
| Q1 2021 | 2021-03-31 | −5.82% | — |
| Q4 2020 | 2020-12-31 | −6.11% | — |
| Q3 2020 | 2020-09-30 | −17.79% | — |
Lemonade return on equity trends
Over the last five fiscal years, Lemonade's return on equity increased from −68.23% to −29.37%, a change of +38.86 percentage points. The latest reported quarter, Q2 2026, shows −8.53%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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