Lincoln National Corporation (LNC)
NYSE: LNC · Real-Time Price · USD
34.66
-0.63 (-1.79%)
Jun 1, 2026, 1:04 PM EDT - Market open
Lincoln National Income Statement
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 | Mar '26 Mar 31, 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 |
Net Premiums Earned | 6,664 | 6,666 | 6,425 | 3,672 | 6,087 | 5,617 |
Investment Income | 6,212 | 6,075 | 5,544 | 5,900 | 5,515 | 6,111 |
Net Gains on Investments | -343 | -799 | 269 | -4,311 | 840 | -867 |
Total Other Revenues | 6,294 | 6,270 | 6,204 | 6,384 | 6,368 | 6,854 |
| 18,827 | 18,212 | 18,442 | 11,645 | 18,810 | 17,715 | |
Revenue Growth (YoY) | -1.00% | -1.25% | 58.37% | -38.09% | 6.18% | 1.58% |
Insurance Benefits & Claims | 12,959 | 11,140 | 8,494 | 6,970 | 10,876 | 7,496 |
Other Operating Expenses | 5,614 | 5,507 | 5,590 | 5,492 | 5,926 | 5,306 |
Operating Income | 254 | 1,565 | 4,358 | -817 | 2,008 | 4,913 |
Interest Expense | -228 | -227 | -336 | -331 | -283 | -270 |
Total Non-Operating Income (Expense) | -228 | -227 | -336 | -331 | -283 | -270 |
Pretax Income | 2,041 | 1,338 | 4,022 | -1,148 | 1,725 | 4,643 |
Provision for Income Taxes | 315 | 161 | 747 | -396 | 367 | 865 |
Net Income | 1,844 | 1,086 | 3,184 | -834 | 1,358 | 3,778 |
Minority Interest in Earnings | 2 | - | - | - | - | - |
Net Income Attributable to Preferred Dividends | 90 | 91 | 91 | 82 | - | - |
Net Income to Common | 1,844 | 1,086 | 3,184 | -834 | 1,358 | 3,778 |
Net Income Growth | -7.66% | -65.89% | - | - | -64.05% | 657.11% |
Shares Outstanding (Basic) | 188 | 183 | 171 | 170 | 171 | 187 |
Shares Outstanding (Diluted) | 192 | 186 | 173 | 171 | 173 | 190 |
Shares Change (YoY) | 10.64% | 7.50% | 1.37% | -1.14% | -8.93% | -2.48% |
EPS (Basic) | 8.76 | 5.94 | 18.66 | -4.92 | 7.93 | 20.17 |
EPS (Diluted) | 8.62 | 5.83 | 18.41 | -4.92 | 7.78 | 19.96 |
EPS Growth | 22.44% | -68.33% | - | - | -61.02% | 679.69% |
Shares Outstanding | 191.21 | 190.05 | 170.38 | 169.67 | 169.22 | 177.19 |
Free Cash Flow | 243 | -167 | -2,007 | -2,074 | 3,609 | -217 |
Free Cash Flow Per Share | 1.27 | -0.90 | -11.60 | -12.15 | 20.90 | -1.14 |
Dividends Per Share | 1.800 | 1.800 | 1.800 | 1.800 | 1.800 | 1.710 |
Dividend Growth | - | - | - | - | 5.26% | 5.56% |
Operating Margin | 1.35% | 8.59% | 23.63% | -7.02% | 10.68% | 27.73% |
Profit Margin | 9.17% | 6.46% | 17.76% | -6.46% | 7.22% | 21.33% |
FCF Margin | 1.29% | -0.92% | -10.88% | -17.81% | 19.19% | -1.22% |
EBITDA | 254 | 1,565 | 4,358 | -817 | 2,008 | 4,913 |
EBIT | 254 | 1,565 | 4,358 | -817 | 2,008 | 4,913 |
EBIT Margin | 1.35% | 8.59% | 23.63% | -7.02% | 10.68% | 27.73% |
Effective Tax Rate | 15.43% | 12.03% | 18.57% | 34.49% | 21.28% | 18.63% |