Lemonade Inc (LMND) - Net Assets
Based on the latest financial reports, Lemonade Inc (LMND) has net assets worth $516.20 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.92 Billion) and total liabilities ($1.40 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Lemonade Inc assets under control for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $516.20 Million |
| % of Total Assets | 26.9% |
| Annual Growth Rate | 51.76% |
| 5-Year Change | 9.69% |
| 10-Year Change | N/A |
| Growth Volatility | 147.47 |
Lemonade Inc - Net Assets Trend (2017–2024)
This chart illustrates how Lemonade Inc's net assets have evolved over time, based on quarterly financial data. Check tangible net worth ratio of Lemonade Inc to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Lemonade Inc (2017–2024)
The table below shows the annual net assets of Lemonade Inc from 2017 to 2024. For live valuation and market cap data, see LMND market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $593.40 Million | -16.29% |
| 2023-12-31 | $708.90 Million | -18.22% |
| 2022-12-31 | $866.80 Million | -12.28% |
| 2021-12-31 | $988.20 Million | +82.66% |
| 2020-12-31 | $541.00 Million | +396.44% |
| 2019-12-31 | $-182.50 Million | -130.72% |
| 2018-12-31 | $-79.10 Million | -347.19% |
| 2017-12-31 | $32.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lemonade Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 126190000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Comprehensive Income | $-6.10 Million | -1.03% |
| Other Components | $1.90 Billion | 319.90% |
| Total Equity | $593.40 Million | 100.00% |
Lemonade Inc Competitors by Market Cap
The table below lists competitors of Lemonade Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Federated Investors Inc B
NYSE:FHI
|
$3.89 Billion |
|
IPG Photonics Corporation
NASDAQ:IPGP
|
$3.89 Billion |
|
Bumi Resources Tbk
JK:BUMI
|
$3.89 Billion |
|
Guangdong Electric Power Development Co Ltd
SHE:000539
|
$3.90 Billion |
|
Carnival Plc ADS
NYSE:CUK
|
$3.89 Billion |
|
Atour Lifestyle Holdings Limited American Depositary Shares
NASDAQ:ATAT
|
$3.88 Billion |
|
Golar LNG Limited
F:G2O
|
$3.88 Billion |
|
Howard Hughes Holdings Inc.
NYSE:HHH
|
$3.88 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lemonade Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 708,900,000 to 593,400,000, a change of -115,500,000 (-16.3%).
- Net loss of 202,200,000 reduced equity.
- Other comprehensive income increased equity by 2,900,000.
- Other factors increased equity by 83,800,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-202.20 Million | -34.07% |
| Other Comprehensive Income | $2.90 Million | +0.49% |
| Other Changes | $83.80 Million | +14.12% |
| Total Change | $- | -16.29% |
Book Value vs Market Value Analysis
This analysis compares Lemonade Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 6.23x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 17.72x to 6.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $2.94 | $52.06 | x |
| 2018-12-31 | $-1.81 | $52.06 | x |
| 2019-12-31 | $-4.18 | $52.06 | x |
| 2020-12-31 | $9.78 | $52.06 | x |
| 2021-12-31 | $16.14 | $52.06 | x |
| 2022-12-31 | $13.35 | $52.06 | x |
| 2023-12-31 | $10.18 | $52.06 | x |
| 2024-12-31 | $8.36 | $52.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lemonade Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -34.07%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -38.40%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 3.12x
- Recent ROE (-34.07%) is below the historical average (-29.59%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -87.81% | -1170.83% | 0.06x | 1.27x | $-31.30 Million |
| 2018 | 0.00% | -235.11% | 0.15x | 0.00x | $-44.99 Million |
| 2019 | 0.00% | -161.22% | 0.16x | 0.00x | $-90.25 Million |
| 2020 | -22.61% | -129.56% | 0.11x | 1.53x | $-176.40 Million |
| 2021 | -24.42% | -187.93% | 0.09x | 1.53x | $-340.12 Million |
| 2022 | -34.36% | -116.01% | 0.15x | 1.95x | $-384.48 Million |
| 2023 | -33.42% | -55.12% | 0.33x | 1.83x | $-307.79 Million |
| 2024 | -34.07% | -38.40% | 0.28x | 3.12x | $-261.54 Million |
Industry Comparison
This section compares Lemonade Inc's net assets metrics with peer companies in the Insurance - Property & Casualty industry.
Industry Context
- Industry: Insurance - Property & Casualty
- Average net assets among peers: $7,561,989,200
- Average return on equity (ROE) among peers: 12.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lemonade Inc (LMND) | $516.20 Million | -87.81% | 2.72x | $3.89 Billion |
| American Coastal Insurance Corp (ACIC) | $54.99 Million | 14.71% | 3.37x | $505.96 Million |
| American Financial Group, Inc. (AFG) | $3.92 Billion | 13.24% | 6.20x | $10.91 Billion |
| Aspen Insurance Holdings Ltd (AHL) | $2.89 Billion | -1.95% | 3.53x | $119.39 Million |
| American Integrity Insurance Group, Inc. (AII) | $337.02 Million | 29.56% | 2.63x | $386.34 Million |
| Assurant Inc (AIZ) | $5.95 Billion | 7.40% | 6.50x | $10.94 Billion |
| The Allstate Corporation (ALL) | $10.30 Billion | 12.64% | 4.76x | $54.30 Billion |
| Ategrity Specialty Insurance Company Holdings (ASIC) | $398.81 Million | 11.81% | 1.82x | $990.91 Million |
| Bowhead Specialty Holdings Inc. (BOW) | $449.27 Million | 11.97% | 4.28x | $888.60 Million |
| Chubb Ltd (CB) | $50.31 Billion | 7.87% | 2.33x | $124.22 Billion |
| Cincinnati Financial Corporation (CINF) | $1.01 Billion | 12.81% | 1.57x | $24.98 Billion |
About Lemonade Inc
Lemonade, Inc. provides various insurance products in the United States, Europe, and the United Kingdom. The company offers renters and homeowners, building, car, pet, and life insurance products, as well as landlord insurance products. It also provides insurance for stolen or damaged property, and personal liability that protects its customers if they are responsible for an accident or damage to… Read more