Lincoln National Ratios and Metrics

Market cap in millions BRL. Fiscal year is January - December.

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 2, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	38,859	33,409	22,203	27,481	68,728	50,494
Market Cap Growth	16.79%	50.47%	-19.21%	-60.01%	36.11%	7.34%
Enterprise Value	28,927	42,408	50,934	60,797	95,550	78,018
PE Ratio	3.61	1.70	-	3.83	3.27	19.49
PS Ratio	0.40	0.30	0.39	0.28	0.70	0.56
PB Ratio	0.70	0.65	0.66	1.02	0.59	0.43
P/OCF Ratio	-	-	-	1.44	-	18.21
EV/Sales Ratio	0.30	0.38	0.90	0.61	0.97	0.86
EV/EBITDA Ratio	4.04	7.16	-	5.26	15.37	18.14
EV/EBIT Ratio	4.15	7.23	-	5.32	15.91	19.39
Debt / Equity Ratio	0.74	0.87	1.12	1.55	0.38	0.36
Debt / EBITDA Ratio	5.64	7.27	-	3.55	6.68	9.23
Quick Ratio	1.20	1.11	1.08	1.13	0.57	0.56
Current Ratio	2.29	2.33	2.35	2.94	3.30	2.90
Asset Turnover	0.05	0.05	0.03	0.05	0.05	0.05
Return on Equity (ROE)	21.68%	43.20%	-12.54%	10.50%	17.39%	2.35%
Return on Assets (ROA)	0.21%	0.15%	-0.57%	0.38%	0.18%	0.14%
Return on Invested Capital (ROIC)	6.08%	5.13%	-23.13%	8.19%	2.96%	2.68%
Earnings Yield	27.69%	60.63%	-16.43%	26.12%	30.63%	5.13%
Dividend Yield	3.06%	5.98%	8.30%	6.83%	2.91%	3.58%
Payout Ratio	19.29%	12.15%	-	22.83%	8.44%	62.32%
Buyback Yield / Dilution	-5.54%	-2.07%	1.82%	8.93%	2.48%	3.78%
Total Shareholder Return	-2.47%	3.91%	10.12%	15.77%	5.39%	7.36%

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.