Lincoln National Corporation (LNC)
NYSE: LNC · Real-Time Price · USD
40.30
+0.57 (1.43%)
Oct 2, 2026, 4:00 PM EDT - Market closed
Lincoln National Financials Overview
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 19,393 | 18,269 | 17,968 | 11,702 | 18,925 | 17,715 |
Revenue Growth | 7.54% | 1.68% | 53.55% | -38.17% | 6.83% | 1.58% |
Operating Income Operating Income Growth | 1,883 | 1,062 | 949 | -3,199 | 2,162 | 1,078 |
Net Income Net Income Growth | 2,269 | 1,086 | 3,184 | -834 | 1,358 | 3,778 |
Earnings Per Share EPS Growth | 11.47 | 5.83 | 18.41 | -4.92 | 7.79 | 19.96 |
EPS Growth | 90.06% | -68.34% | - | - | -60.99% | 679.86% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Annuities Annuities Growth | 5,202 | 4,990 | 4,896 | 3,002 | 4,482 | 4,691 |
Life Insurance Life Insurance Growth | 6,453 | 6,442 | 6,248 | 6,907 | 6,747 | 7,387 |
Group Protection Group Protection Growth | 6,172 | 6,102 | 5,717 | 5,563 | 5,304 | 4,995 |
Retirement Plan Services Retirement Plan Services Growth | 1,394 | 1,353 | 1,321 | 1,310 | 1,274 | 1,322 |
Other Operations Other Operations Growth | 247 | 198 | 160 | -755 | 156 | 181 |
Revenue (Total) Revenue (Total) Growth | 19,325 | 18,212 | 18,442 | 11,645 | 18,810 | 17,715 |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 10,165 | 9,502 | 5,801 | 3,365 | 3,343 | 2,612 |
Total Debt Total Debt Growth | 7,241 | 7,053 | 7,227 | 7,738 | 7,924 | 7,782 |
Net Cash (Debt) Net Cash Growth | 2,924 | 2,449 | -1,426 | -4,373 | -4,581 | -5,170 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | 14.83 | 13.16 | -8.24 | -25.79 | -26.53 | -27.26 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | -1,328 | -167 | -2,007 | -2,074 | 3,609 | -217 |
Free Cash Flow Free Cash Flow Growth | -1,328 | -167 | -2,007 | -2,074 | 3,609 | -217 |
Free Cash Flow Growth | - | - | - | - | - | - |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Margin | 9.71% | 5.81% | 5.28% | -27.34% | 11.42% | 6.08% |
Pretax Margin | 14.62% | 7.32% | 22.38% | -9.81% | 9.11% | 26.21% |
Profit Margin | 11.70% | 5.94% | 17.72% | -7.13% | 7.18% | 21.33% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Oct '26 Oct 4, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Dividend Per Share Dividend Per Share Growth | 1.800 | 1.800 | 1.800 | 1.800 | 1.800 | 1.710 |
Dividend Per Share Growth | 0% | 0% | 0% | 0% | 5.26% | 5.56% |
Dividend Yield | 4.47% | 4.18% | 6.19% | 7.73% | 7.30% | 3.22% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Oct '26 Oct 4, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 3.51 | 7.79 | 1.70 | - | 3.83 | 3.27 |
Forward PE | 4.92 | 5.59 | 4.25 | 4.11 | 3.55 | 6.63 |
PS Ratio | 0.40 | 0.46 | 0.30 | 0.39 | 0.28 | 0.70 |