Lincoln National Corporation (LNC)

NYSE: LNC · Real-Time Price · USD

42.85

+0.87 (2.07%)

Aug 21, 2026, 11:42 AM EDT - Market open

Lincoln National Ratios and Metrics

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

Millions USD. Fiscal year is Jan - Dec.

Total Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 21, 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
Market Capitalization	8,204	8,461	5,402	4,576	5,198	12,335
Market Cap Growth	6.63%	56.63%	18.05%	-11.97%	-57.86%	26.86%
Enterprise Value	5,280	6,551	6,857	10,497	11,500	17,149

Price Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 21, 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	3.66	7.79	1.70	-	3.83	3.27
PS Ratio	0.41	0.46	0.30	0.39	0.28	0.70
PB Ratio	0.78	0.78	0.65	0.66	1.02	0.59
P/OCF Ratio	-	-	-	-	1.44	-

EV Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 21, 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
EV/Sales Ratio	0.26	0.36	0.38	0.90	0.61	0.97
EV/EBITDA Ratio	-	5.41	7.16	-	5.26	15.37
EV/EBIT Ratio	2.72	6.17	7.23	-	5.32	15.91

Financial Efficiency

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 21, 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
Debt / Equity Ratio	0.64	0.65	0.87	1.12	1.55	0.38
Debt / EBITDA Ratio	3.78	5.68	7.27	-	3.55	6.68
Net Debt / Equity Ratio	-0.26	-0.22	0.17	0.63	0.90	0.25
Net Debt / EBITDA Ratio	-	-2.02	1.49	-1.37	2.10	4.63
Quick Ratio	1.15	1.15	1.11	1.08	1.13	0.57
Current Ratio	2.18	2.23	2.33	2.35	2.94	3.30
Asset Turnover	0.05	0.05	0.05	0.03	0.05	0.05
Return on Equity (ROE)	22.59%	12.28%	43.20%	-12.54%	10.50%	17.39%
Return on Assets (ROA)	0.28%	0.16%	0.15%	-0.57%	0.38%	0.18%
Return on Invested Capital (ROIC)	8.82%	5.58%	5.13%	-23.13%	8.19%	2.96%

Yields

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 21, 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
Earnings Yield	28.23%	13.91%	60.63%	-16.43%	26.12%	30.63%
Dividend Yield	4.20%	4.18%	6.19%	7.73%	7.30%	3.22%
Payout Ratio	15.69%	35.34%	12.15%	-	22.83%	8.44%
Buyback Yield / Dilution	-13.75%	-7.50%	-2.07%	1.82%	8.93%	2.48%
Total Shareholder Return	-9.46%	-3.31%	4.12%	9.55%	16.23%	5.71%

SEC Filings: 10-K · 10-Q