Lincoln National Corporation (LNC)

NYSE: LNC · Real-Time Price · USD

45.61

-0.41 (-0.89%)

At close: Jul 31, 2026, 4:00 PM EDT

45.62

+0.01 (0.02%)

After-hours: Jul 31, 2026, 7:59 PM EDT

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	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
Net Premiums Earned	6,697	6,666	6,425	3,672	6,087	5,617
Investment Income	6,371	6,075	5,544	5,900	5,515	6,111
Net Gains on Investments	-108	-799	269	-4,311	840	-867
Total Other Revenues	6,365	6,270	6,204	6,384	6,368	6,854
Revenue	19,325	18,212	18,442	11,645	18,810	17,715
Revenue Growth	7.91%	-1.25%	58.37%	-38.09%	6.18%	1.58%
Insurance Benefits & Claims	10,492	11,140	8,494	6,970	10,876	7,496
Other Operating Expenses	5,674	5,507	5,590	5,492	5,926	5,306
Operating Income	3,159	1,565	4,358	-817	2,008	4,913
Interest Expense	-323	-227	-336	-331	-283	-270
Total Non-Operating Income (Expense)	-323	-227	-336	-331	-283	-270
Pretax Income	2,836	1,338	4,022	-1,148	1,725	4,643
Provision for Income Taxes	477	161	747	-396	367	865
Net Income	2,359	1,177	3,275	-752	1,358	3,778
Net Income Attributable to Preferred Dividends	90	91	91	82	-	-
Net Income to Common	2,269	1,086	3,184	-834	1,358	3,778
Net Income Growth	116.92%	-65.89%	-	-	-64.05%	657.11%
Shares Outstanding (Basic)	192	183	171	170	171	187
Shares Outstanding (Diluted)	196	186	173	171	173	190
Shares Change	11.68%	7.50%	1.37%	-1.14%	-8.93%	-2.48%
EPS (Basic)	11.81	5.94	18.66	-4.92	7.93	20.17
EPS (Diluted)	11.54	5.83	18.41	-4.92	7.78	19.96
EPS Growth	101.40%	-68.33%	-	-	-61.02%	679.69%

Additional Metrics

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
Free Cash Flow	-1,328	-167	-2,007	-2,074	3,609	-217
Free Cash Flow Growth	-	-	-	-	-	-
Free Cash Flow Per Share	-6.78	-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	0%	0%	0%	0%	5.26%	5.56%
Operating Margin	16.35%	8.59%	23.63%	-7.02%	10.68%	27.73%
Profit Margin	12.21%	6.46%	17.76%	-6.46%	7.22%	21.33%
FCF Margin	-6.87%	-0.92%	-10.88%	-17.81%	19.19%	-1.22%
EBITDA	3,159	1,565	4,358	-817	2,008	4,913
EBIT	3,159	1,565	4,358	-817	2,008	4,913
EBIT Margin	16.35%	8.59%	23.63%	-7.02%	10.68%	27.73%
Effective Tax Rate	16.82%	12.03%	18.57%	34.49%	21.28%	18.63%

SEC Filings: 10-K · 10-Q