Lemonade Inc
NYSE:LMND

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Lemonade Inc
NYSE:LMND
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Price: 43.175 USD 4.62%
Market Cap: 3.1B USD
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Lemonade Inc
Accounts Payable

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Lemonade Inc
Accounts Payable Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Accounts Payable CAGR 3Y CAGR 5Y CAGR 10Y
Lemonade Inc
NYSE:LMND
Accounts Payable
$600k
CAGR 3-Years
-25%
CAGR 5-Years
-17%
CAGR 10-Years
N/A
Travelers Companies Inc
NYSE:TRV
Accounts Payable
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Allstate Corp
NYSE:ALL
Accounts Payable
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Progressive Corp
NYSE:PGR
Accounts Payable
$8.3B
CAGR 3-Years
9%
CAGR 5-Years
10%
CAGR 10-Years
N/A
Markel Corp
NYSE:MKL
Accounts Payable
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Cincinnati Financial Corp
NASDAQ:CINF
Accounts Payable
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

Lemonade Inc
Glance View

Market Cap
3.1B USD
Industry
Insurance

Lemonade Inc., founded in 2015, has sought to disrupt the traditional insurance industry by infusing it with technology to cater to a new generation of digitally-savvy consumers. Co-founders Daniel Schreiber and Shai Wininger envisioned an insurance experience that was aligned with customers' expectations in an increasingly digital world. Leveraging artificial intelligence and behavioral economics, Lemonade offers renters, homeowners, pet, and, more recently, life insurance through a mobile app and website. The company positions itself as a friendly and transparent alternative to conventional insurers, drawing customers with swift policy issuance and claims processing, often completed in seconds via AI-driven interactions. Lemonade’s revenue model is built on a standard insurance structure, but with a modern spin. Customers pay a premium to Lemonade, which is a fixed percentage of the total insured value. From these premiums, Lemonade takes a flat fee, ensuring alignment with their mission of not profiting directly from denied claims, which reduces the potential for conflict of interest. The remainder is used to pay claims and cover reinsurance, with any leftover portion donated to causes chosen by the policyholders, in what's called the "Giveback" program. This business approach not only appeals to the socially conscious millennial demographic but also aims to maintain ethical alignments by associating risk management with altruism, setting Lemonade apart in a crowded marketplace.

LMND Intrinsic Value
27.493 USD
Overvaluation 36%
Intrinsic Value
Price

See Also

What is Lemonade Inc's Accounts Payable?
Accounts Payable
600k USD

Based on the financial report for Dec 31, 2023, Lemonade Inc's Accounts Payable amounts to 600k USD.

What is Lemonade Inc's Accounts Payable growth rate?
Accounts Payable CAGR 5Y
-17%

Over the last year, the Accounts Payable growth was -45%. The average annual Accounts Payable growth rates for Lemonade Inc have been -25% over the past three years , -17% over the past five years .

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