Lemonade, Inc. (LMND) Return on equity 2020–2025
Lemonade, Inc. (LMND) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-31.1%FY2025 · since FY2020: -22.6% → -31.1%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -31.1% | +3.0 pp |
| FY2024 | -34.1% | -0.7 pp |
| FY2023 | -33.4% | +0.9 pp |
| FY2022 | -34.4% | -9.9 pp |
| FY2021 | -24.4% | -1.8 pp |
| FY2020 | -22.6% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice