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Lemonade (Lemonade) Pretax Margin % : -37.95% (As of Mar. 2024)


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What is Lemonade Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Lemonade's Pre-Tax Income for the three months ended in Mar. 2024 was $-45.2 Mil. Lemonade's Revenue for the three months ended in Mar. 2024 was $119.1 Mil. Therefore, Lemonade's pretax margin for the quarter that ended in Mar. 2024 was -37.95%.

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

LMND' s Pretax Margin % Range Over the Past 10 Years
Min: -233.78   Med: -144.15   Max: -46.35
Current: -46.35


LMND's Pretax Margin % is ranked worse than
96.93% of 488 companies
in the Insurance industry
Industry Median: 10.115 vs LMND: -46.35

Lemonade Pretax Margin % Historical Data

The historical data trend for Lemonade's Pretax 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.

* Premium members only.

Lemonade Pretax Margin % Chart

Lemonade Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial -160.33 -127.97 -181.93 -114.84 -53.47

Lemonade Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -67.96 -63.00 -52.05 -34.29 -37.95

Competitive Comparison of Lemonade's Pretax Margin %

For the Insurance - Property & Casualty subindustry, Lemonade's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % Distribution in the Insurance Industry

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

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



Lemonade Pretax Margin % Calculation

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

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

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-229.8/429.8
=-53.47 %

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

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-45.2/119.1
=-37.95 %

* 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.


Lemonade  (NYSE:LMND) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Lemonade Pretax Margin % Related Terms

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


Lemonade (Lemonade) Business Description

Traded in Other Exchanges
Address
5 Crosby Street, 3rd Floor, New York, NY, USA, 10013
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

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