Lemonade (Lemonade) Net Margin % : -39.71% (As of Mar. 2024)

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What is Lemonade Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Lemonade's Net Income for the three months ended in Mar. 2024 was $-47.3 Mil. Lemonade's Revenue for the three months ended in Mar. 2024 was $119.1 Mil. Therefore, Lemonade's net margin for the quarter that ended in Mar. 2024 was -39.71%.

The historical rank and industry rank for Lemonade's Net Margin % or its related term are showing as below:

LMND' s Net Margin % Range Over the Past 10 Years
Min: -235.11 Med: -145.39 Max: -48.14
Current: -48.14

LMND's Net Margin % is ranked worse than
97.54% of 488 companies
in the Insurance industry
Industry Median: 7.72 vs LMND: -48.14

Lemonade Net Margin % Historical Data

The historical data trend for Lemonade's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Lemonade Net Margin % Chart

Lemonade Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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-161.22

-129.56

-187.93

-116.01

-55.12

Lemonade Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Margin %	Get a 7-Day Free Trial															-69.12	-64.24	-53.71	-36.71	-39.71

Competitive Comparison of Lemonade's Net Margin %

For the Insurance - Property & Casualty subindustry, Lemonade's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Lemonade's Net Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Lemonade's Net Margin % distribution charts can be found below:

* The bar in red indicates where Lemonade's Net Margin % falls into.

Lemonade Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Lemonade's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-236.9	/	429.8
	=	-55.12 %

Lemonade's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin	=	Net Income (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	-47.3	/	119.1
	=	-39.71 %

Lemonade (NYSE:LMND) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Lemonade Net Margin % Related Terms

Thank you for viewing the detailed overview of Lemonade's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Lemonade (Lemonade) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Lemonade Inc (NYSE:LMND) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

LMND:Mexico LE0:Germany

Address

5 Crosby Street, 3rd Floor, New York, NY, USA, 10013

Website

https://www.lemonade.com

Lemonade Inc operates in the insurance industry. The company offers digital and artificial intelligence based platform for various insurances and for settling claims and paying premiums. The platform ensures transparency in issuing policies and settling disputes. Geographically, it operates in California, Texas, New York, New Jersey, Illinois, Georgia, Washington, Colorado, Pennsylvania, Virginia and others.

Executives

John Sheldon Peters	officer: Chief Insurance Officer	C/O LEMONADE, INC., 5 CROSBY STREET, 3RD FLOOR, NEW YORK NY 10013
Timothy E Bixby	officer: Chief Financial Officer	C/O SHUTTERSTOCK, 350 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10118
Alex Clavel	10 percent owner	PO BOX 1093, BOUNDARY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Michael A Eisenberg	director, 10 percent owner	C/O SHOPPING.COM, 8000 MARINA BLVD. 5TH FLOOR, BRISBANE CA 94005
Adina Eckstein	officer: Chief Operating Officer	C/O LEMONADE, INC., 5 CROSBY STREET, 3RD FLOOR, NEW YORK NY 10013
Irina Novoselsky	director	C/O LEMONADE, INC., 5 CROSBY STREET, 3RD FLOOR, NEW YORK NY 10013
Silvija Martincevic	director	C/O AFFIRM HOLDINGS, INC., 650 CALIFORNIA STREET, SAN FRANCISCO CA 94108
Becker Caryn Seidman	director	65 EAST 55TH STREET, 17TH FLOOR, NEW YORK NY 10022
Jorge Espinel	officer: CBDO	C/O LEMONADE, INC., 5 CROSBY STREET, 3RD FLOOR, NEW YORK NY 10013
George Thompson Hutton	director	C/O WHITE MOUNTAINS INSURANCE GROUP, LTD, 80 SOUTH MAIN STREET, HANOVER NH 03755
Joel E Cutler	director	C/O GENERAL CATALYST PARTNERS, 20 UNIVERSITY ROAD, SUITE 450, CAMBRIDGE MA 02138
Daniel A. Schreiber	director, 10 percent owner, officer: Co-Founder & CEO	C/O LEMONADE, INC., 5 CROSBY STREET, 3RD FLOOR, NEW YORK NY 10013
Shai Wininger	director, 10 percent owner, officer: See Remarks	C/O LEMONADE, INC., 5 CROSBY STREET, 3RD FLOOR, NEW YORK NY 10013
Haim Sadger	director	C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Sequoia Capital Israel Venture V Principals Fund, L.p.	10 percent owner	2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025