Lincoln National Corporation (LNC)

Lincoln National Statistics

Total Valuation

LNC has a market cap or net worth of $6.46 billion. The enterprise value is $7.38 billion.

Market Cap	6.46B
Enterprise Value	7.38B

Important Dates

The last earnings date was Thursday, February 6, 2025, before market open.

Earnings Date	Feb 6, 2025
Ex-Dividend Date	Apr 10, 2025

Share Statistics

LNC has 170.40 million shares outstanding. The number of shares has increased by 2.07% in one year.

Current Share Class	170.40M
Shares Outstanding	170.40M
Shares Change (YoY)	+2.07%
Shares Change (QoQ)	+1.90%
Owned by Insiders (%)	0.41%
Owned by Institutions (%)	75.20%
Float	169.53M

Valuation Ratios

The trailing PE ratio is 2.06 and the forward PE ratio is 4.93.

PE Ratio	2.06
Forward PE	4.93
PS Ratio	0.36
Forward PS	0.33
PB Ratio	0.89
P/TBV Ratio	1.06
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	2.32
EV / Sales	0.41
EV / EBITDA	7.70
EV / EBIT	7.77
EV / FCF	n/a

Financial Position

The company has a current ratio of 2.33, with a Debt / Equity ratio of 0.81.

Current Ratio	2.33
Quick Ratio	1.11
Debt / Equity	0.81
Debt / EBITDA	6.76
Debt / FCF	n/a
Interest Coverage	2.82

Financial Efficiency

Return on equity (ROE) is 43.20% and return on invested capital (ROIC) is 4.09%.

Return on Equity (ROE)	43.20%
Return on Assets (ROA)	0.16%
Return on Invested Capital (ROIC)	4.09%
Return on Capital Employed (ROCE)	0.27%
Revenue Per Employee	$1.84M
Profits Per Employee	$325,463
Employee Count	9,783
Asset Turnover	0.05
Inventory Turnover	n/a

Taxes

In the past 12 months, LNC has paid $747.00 million in taxes.

Income Tax	747.00M
Effective Tax Rate	18.57%

Stock Price Statistics

The stock price has increased by +36.90% in the last 52 weeks. The beta is 1.76, so LNC's price volatility has been higher than the market average.

Beta (5Y)	1.76
52-Week Price Change	+36.90%
50-Day Moving Average	34.42
200-Day Moving Average	32.73
Relative Strength Index (RSI)	58.20
Average Volume (20 Days)	1,793,307

Short Selling Information

The latest short interest is 3.90 million, so 2.29% of the outstanding shares have been sold short.

Short Interest	3.90M
Short Previous Month	3.63M
Short % of Shares Out	2.29%
Short % of Float	2.30%
Short Ratio (days to cover)	2.44

Income Statement

In the last 12 months, LNC had revenue of $17.97 billion and earned $3.18 billion in profits. Earnings per share was $18.41.

Revenue	17.97B
Gross Profit	4.60B
Operating Income	949.00M
Pretax Income	2.51B
Net Income	3.18B
EBITDA	958.00M
EBIT	949.00M
Earnings Per Share (EPS)	$18.41

Balance Sheet

The company has $38.99 billion in cash and $6.72 billion in debt, giving a net cash position of -$915.00 million or -$5.37 per share.

Cash & Cash Equivalents	38.99B
Total Debt	6.72B
Net Cash	-915.00M
Net Cash Per Share	-$5.37
Equity (Book Value)	8.27B
Book Value Per Share	42.75
Working Capital	46.65B

Cash Flow

Operating Cash Flow	-2.01B
Capital Expenditures	n/a
Free Cash Flow	-2.01B
FCF Per Share	-$11.78

Margins

Gross margin is 25.62%, with operating and profit margins of 5.28% and 18.23%.

Gross Margin	25.62%
Operating Margin	5.28%
Pretax Margin	22.38%
Profit Margin	18.23%
EBITDA Margin	5.33%
EBIT Margin	5.28%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of $1.80, which amounts to a dividend yield of 4.75%.

Dividend Per Share	$1.80
Dividend Yield	4.75%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	9.78%
Buyback Yield	-2.07%
Shareholder Yield	2.67%
Earnings Yield	49.27%
FCF Yield	-31.06%

Analyst Forecast

The average price target for LNC is $37.10, which is -2.16% lower than the current price. The consensus rating is "Hold".

Price Target	$37.10
Price Target Difference	-2.16%
Analyst Consensus	Hold
Analyst Count	10
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

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	4