Lincoln National Corporation (LNC)
NYSE: LNC · Real-Time Price · USD
34.50
+0.20 (0.58%)
At close: Mar 2, 2026, 4:00 PM EST
34.50
0.00 (0.00%)
After-hours: Mar 2, 2026, 4:15 PM EST

Lincoln National Statistics

Total Valuation

LNC has a market cap or net worth of $6.56 billion. The enterprise value is $4.09 billion.

Market Cap6.56B
Enterprise Value 4.09B

Important Dates

The last earnings date was Thursday, February 12, 2026, before market open.

Earnings Date Feb 12, 2026
Ex-Dividend Date Apr 10, 2026

Share Statistics

LNC has 190.09 million shares outstanding. The number of shares has increased by 7.50% in one year.

Current Share Class 190.09M
Shares Outstanding 190.09M
Shares Change (YoY) +7.50%
Shares Change (QoQ) +1.03%
Owned by Insiders (%) 0.53%
Owned by Institutions (%) 73.54%
Float 170.15M

Valuation Ratios

The trailing PE ratio is 5.92 and the forward PE ratio is 4.29. LNC's PEG ratio is 1.53.

PE Ratio 5.92
Forward PE 4.29
PS Ratio 0.36
Forward PS 0.32
PB Ratio 0.66
P/TBV Ratio 0.75
P/FCF Ratio n/a
P/OCF Ratio n/a
PEG Ratio 1.53
Financial Ratio History

Enterprise Valuation

EV / Earnings 3.77
EV / Sales 0.22
EV / EBITDA 3.38
EV / EBIT 3.85
EV / FCF n/a

Financial Position

The company has a current ratio of 2.23, with a Debt / Equity ratio of 0.65.

Current Ratio 2.23
Quick Ratio 1.15
Debt / Equity 0.65
Debt / EBITDA 5.68
Debt / FCF n/a
Interest Coverage 4.68

Financial Efficiency

Return on equity (ROE) is 12.28% and return on invested capital (ROIC) is 5.16%.

Return on Equity (ROE) 12.28%
Return on Assets (ROA) 0.16%
Return on Invested Capital (ROIC) 5.16%
Return on Capital Employed (ROCE) 0.28%
Weighted Average Cost of Capital (WACC) 6.89%
Revenue Per Employee $1.94M
Profits Per Employee $115,250
Employee Count9,423
Asset Turnover 0.05
Inventory Turnover n/a

Taxes

In the past 12 months, LNC has paid $161.00 million in taxes.

Income Tax 161.00M
Effective Tax Rate 12.03%

Stock Price Statistics

The stock price has decreased by -11.54% in the last 52 weeks. The beta is 1.27, so LNC's price volatility has been higher than the market average.

Beta (5Y) 1.27
52-Week Price Change -11.54%
50-Day Moving Average 41.62
200-Day Moving Average 39.16
Relative Strength Index (RSI) 31.59
Average Volume (20 Days) 2,752,708

Short Selling Information

The latest short interest is 5.28 million, so 2.78% of the outstanding shares have been sold short.

Short Interest 5.28M
Short Previous Month 4.80M
Short % of Shares Out 2.78%
Short % of Float 3.10%
Short Ratio (days to cover) 2.75

Income Statement

In the last 12 months, LNC had revenue of $18.27 billion and earned $1.09 billion in profits. Earnings per share was $5.83.

Revenue18.27B
Gross Profit 4.43B
Operating Income 1.06B
Pretax Income 1.34B
Net Income 1.09B
EBITDA 1.21B
EBIT 1.06B
Earnings Per Share (EPS) $5.83
Full Income Statement

Balance Sheet

The company has $45.06 billion in cash and $7.05 billion in debt, with a net cash position of $2.45 billion or $12.88 per share.

Cash & Cash Equivalents 45.06B
Total Debt 7.05B
Net Cash 2.45B
Net Cash Per Share $12.88
Equity (Book Value) 10.91B
Book Value Per Share 52.20
Working Capital 48.12B
Full Balance Sheet

Cash Flow

Operating Cash Flow -167.00M
Capital Expenditures n/a
Free Cash Flow n/a
FCF Per Share n/a
Full Cash Flow Statement

Margins

Gross margin is 24.22%, with operating and profit margins of 5.81% and 6.44%.

Gross Margin 24.22%
Operating Margin 5.81%
Pretax Margin 7.32%
Profit Margin 6.44%
EBITDA Margin 6.62%
EBIT Margin 5.81%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $1.80, which amounts to a dividend yield of 5.22%.

Dividend Per Share $1.80
Dividend Yield 5.22%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 30.87%
Buyback Yield -7.50%
Shareholder Yield -2.26%
Earnings Yield 16.60%
FCF Yield n/a
Dividend Details

Analyst Forecast

The average price target for LNC is $45.85, which is 32.90% higher than the current price. The consensus rating is "Hold".

Price Target $45.85
Price Target Difference 32.90%
Analyst Consensus Hold
Analyst Count 13
Revenue Growth Forecast (5Y) 5.64%
EPS Growth Forecast (5Y) 15.01%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on June 22, 1999. It was a forward split with a ratio of 2:1.

Last Split Date Jun 22, 1999
Split Type Forward
Split Ratio 2:1

Scores

Altman Z-Score n/a
Piotroski F-Score 3