LNC-PD
Lincoln National Corporation
Price Chart
Latest Quote
$26.29
+0.09 (+0.34%)
Current Price
| Previous Close | $26.20 |
| Open | $26.17 |
| Day High | $26.33 |
| Day Low | $26.16 |
| Volume | 821 |
Stock Information
| Quarterly Dividend / Yield | $2.25 / 8.59% |
| Quarterly Dividend Yield | 8.59% |
| Quarterly Dividend | $2.25 |
| Total Debt | $6.71B |
| Cash Equivalents | $42.69B |
| Revenue | $18.83B |
| Net Income | $1.64B |
| Sector | Financial Services |
| Industry | Insurance - Life |
| Exchange | NYQ |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $-29.96B |
| Sales | $18.83B |
| Income | $1.64B |
| Book/sh | $48.25 |
| Employees | 9K |
Financial Ratios
| Quick Ratio | 1.15 |
| Current Ratio | 2.19 |
| Debt/Eq | 65.73 |
Returns & Margins
| ROA | 0.28% |
| ROE | 18.77% |
| Gross Margin | 27.02% |
| Operating Margin | -4.07% |
| Profit Margin | 9.17% |
Ownership
| Institutional Ownership | 33.48% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| P/B | 0.54 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $26.29 |
| SMA50 | $26.10 |
| SMA200 | $25.78 |
| RSI | 47.52 |
| ATR | 0.1811 |
| Shares Float | 171.27M |
| Short Ratio | 0.61 |
| Volatility | 1.17 |
| Rel Volume | 2.15 |
Performance History
| Week | +0.15% |
| Month | +0.61% |
| Quarter | +1.20% |
| 6 Months | +1.92% |
| YTD | +1.62% |
| Year | +7.44% |
| 3 Years | +25.62% |
| 10 Years | +34.22% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-24 | $26.29 | 103,981 |
| 2026-06-23 | $26.20 | 56,514 |
| 2026-06-22 | $26.19 | 79,718 |
| 2026-06-18 | $26.29 | 28,884 |
| 2026-06-17 | $26.21 | 23,970 |
| 2026-06-16 | $26.25 | 28,729 |
| 2026-06-15 | $26.28 | 77,444 |
| 2026-06-12 | $26.37 | 18,461 |
| 2026-06-11 | $26.48 | 20,794 |
| 2026-06-10 | $26.40 | 23,662 |
| 2026-06-09 | $26.35 | 25,208 |
| 2026-06-08 | $26.28 | 23,843 |
| 2026-06-05 | $26.36 | 35,086 |
| 2026-06-04 | $26.44 | 18,677 |
| 2026-06-03 | $26.34 | 12,717 |
| 2026-06-02 | $26.33 | 17,319 |
| 2026-06-01 | $26.29 | 28,288 |
| 2026-05-29 | $26.25 | 116,788 |
| 2026-05-28 | $26.14 | 142,446 |
| 2026-05-27 | $26.08 | 84,989 |
| 2026-05-26 | $26.10 | 51,740 |
About Lincoln National Corporation
Lincoln National Corporation, through its subsidiaries, operates multiple insurance and retirement businesses in the United States. It operates through four segments: Life Insurance, Annuities, Group Protection, and Retirement Plan Services. The Life Insurance segment provides life insurance products, including term insurance, universal life insurance (UL), indexed universal life insurance, variable universal life insurance (VUL), linked-benefit UL and VUL products, and critical illness and long-term care riders. Its Annuities segment offers variable, fixed, and registered index-linked annuities. The Group Protection segment offers group nonmedical insurance products consisting of short and long-term disability and administration services, statutory disability; paid family medical leave administration and absence management services; term life; life; supplemental health insurance; accident, critical illness, and hospital indemnity benefits and dental and vision products to the employer marketplace through various forms of employee-paid and employer-paid plans. Its Retirement Plan Services segment provides employers with retirement plan products and services primarily in the defined contribution retirement plan marketplace; individual and group variable annuities, group fixed annuities, and mutual fund-based programs; and various plan services, including plan recordkeeping, compliance testing, participant education, and trust and custodial services. It distributes its products through consultants, brokers, planners, agents, financial advisors, third-party administrators, financial institutions, and other intermediaries. Lincoln National Corporation was founded in 1905 and is headquartered in Radnor, Pennsylvania.
đ° Latest News
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Insider Monkey âĸ 2026-06-12T00:38:03Z
A Look At Lincoln National (LNC) Valuation As Executive Leadership Structure Is Overhauled
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Lincoln National vs. MetLife: Which Financial Stock Is a Better Buy in 2026?
Motley Fool âĸ 2026-06-10T01:45:56Z
1 Value Stock to Target This Week and 2 That Underwhelm
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A Look At Lincoln National (LNC) Valuation After Recent Mixed Share Performance
Simply Wall St. âĸ 2026-05-26T07:08:59Z
Period:
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Income Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Total Revenue | $17,989,000,000 | $11,711,000,000 | $18,929,000,000 | $17,605,000,000 |
| Operating Revenue | $17,989,000,000 | $11,711,000,000 | $18,929,000,000 | $17,605,000,000 |
| Expenses | ||||
| Interest Expense | $336,000,000 | $331,000,000 | $283,000,000 | $270,000,000 |
| Total Expenses | $13,967,000,000 | $12,859,000,000 | $17,204,000,000 | $12,962,000,000 |
| Other Income Expense | $821,000,000 | $938,000,000 | $765,000,000 | $815,000,000 |
| Net Non Operating Interest Income Expense | $-461,000,000 | $-445,000,000 | $-391,000,000 | $-372,000,000 |
| Total Other Finance Cost | $125,000,000 | $114,000,000 | $108,000,000 | $102,000,000 |
| Interest Expense Non Operating | $336,000,000 | $331,000,000 | $283,000,000 | $270,000,000 |
| Other Operating Expenses | $-2,158,000,000 | $-1,855,000,000 | $-2,777,000,000 | $-3,428,000,000 |
| General And Administrative Expense | $2,738,000,000 | $2,543,000,000 | $2,407,000,000 | $2,252,000,000 |
| Loss Adjustment Expense | $7,728,000,000 | $5,986,000,000 | $11,245,000,000 | $8,320,000,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $3,275,000,000 | $-752,000,000 | $1,358,000,000 | $3,778,000,000 |
| Net Interest Income | $-461,000,000 | $-445,000,000 | $-391,000,000 | $-372,000,000 |
| Normalized Income | $2,835,980,000 | $-729,560,000 | $1,858,860,000 | $3,789,340,000 |
| Net Income From Continuing And Discontinued Operation | $3,275,000,000 | $-752,000,000 | $1,358,000,000 | $3,778,000,000 |
| Average Dilution Earnings | $3,000,000 | $-1,000,000 | $-13,000,000 | - |
| Net Income Common Stockholders | $3,184,000,000 | $-834,000,000 | $1,358,000,000 | $3,778,000,000 |
| Net Income | $3,275,000,000 | $-752,000,000 | $1,358,000,000 | $3,778,000,000 |
| Net Income Including Noncontrolling Interests | $3,275,000,000 | $-752,000,000 | $1,358,000,000 | $3,778,000,000 |
| Net Income Continuous Operations | $3,275,000,000 | $-752,000,000 | $1,358,000,000 | $3,778,000,000 |
| Pretax Income | $4,022,000,000 | $-1,148,000,000 | $1,725,000,000 | $4,643,000,000 |
| Special Income Charges | $542,000,000 | $-34,000,000 | $-634,000,000 | $-14,000,000 |
| Depreciation And Amortization In Income Statement | $96,000,000 | $44,000,000 | $65,000,000 | $50,000,000 |
| Other | ||||
| Tax Effect Of Unusual Items | $102,980,000 | $-11,560,000 | $-133,140,000 | $-2,660,000 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Total Unusual Items | $542,000,000 | $-34,000,000 | $-634,000,000 | $-14,000,000 |
| Total Unusual Items Excluding Goodwill | $542,000,000 | $-34,000,000 | $-634,000,000 | $-14,000,000 |
| Reconciled Depreciation | $96,000,000 | $44,000,000 | $65,000,000 | $50,000,000 |
| EBIT | $4,358,000,000 | $-817,000,000 | $2,008,000,000 | $4,913,000,000 |
| Diluted NI Availto Com Stockholders | $3,187,000,000 | $-835,000,000 | $1,345,000,000 | $3,778,000,000 |
| Preferred Stock Dividends | $91,000,000 | $82,000,000 | - | - |
| Tax Provision | $747,000,000 | $-396,000,000 | $367,000,000 | $865,000,000 |
| Other Special Charges | $-582,000,000 | - | - | - |
| Impairment Of Capital Assets | $0 | $0 | $634,000,000 | $0 |
| Restructuring And Mergern Acquisition | $40,000,000 | $34,000,000 | $0 | $14,000,000 |
| Amortization | $96,000,000 | $44,000,000 | $65,000,000 | $50,000,000 |
| Selling General And Administration | $2,738,000,000 | $2,543,000,000 | $2,407,000,000 | $2,252,000,000 |
| Other Gand A | $2,738,000,000 | $2,543,000,000 | $2,407,000,000 | $2,252,000,000 |
| Net Policyholder Benefits And Claims | $7,728,000,000 | $5,986,000,000 | $11,245,000,000 | $8,320,000,000 |
| Policyholder Benefits Gross | $10,667,000,000 | $10,677,000,000 | $13,111,000,000 | $10,409,000,000 |
| Policyholder Benefits Ceded | $2,939,000,000 | $4,691,000,000 | $1,866,000,000 | $2,089,000,000 |
Fetched: 2026-02-02
Balance Sheet (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $7,125,000,000 | $5,749,000,000 | $3,958,000,000 | $18,976,000,000 |
| Total Assets | $390,831,000,000 | $372,413,000,000 | $334,331,000,000 | $386,945,000,000 |
| Goodwill And Other Intangible Assets | $1,144,000,000 | $1,144,000,000 | $1,144,000,000 | $1,778,000,000 |
| Receivables | $28,750,000,000 | $29,843,000,000 | $19,953,000,000 | $20,295,000,000 |
| Accounts Receivable | $28,750,000,000 | $29,843,000,000 | $19,953,000,000 | $20,295,000,000 |
| Cash Cash Equivalents And Short Term Investments | $26,717,000,000 | $92,103,000,000 | $103,079,000,000 | $121,323,000,000 |
| Cash And Cash Equivalents | $5,801,000,000 | $3,365,000,000 | $3,343,000,000 | $2,612,000,000 |
| Debt | ||||
| Net Debt | $554,000,000 | $2,756,000,000 | $3,289,000,000 | $4,034,000,000 |
| Total Debt | $6,355,000,000 | $6,121,000,000 | $6,632,000,000 | $6,646,000,000 |
| Long Term Debt And Capital Lease Obligation | $6,055,000,000 | $5,871,000,000 | $6,132,000,000 | $6,096,000,000 |
| Long Term Debt | $6,055,000,000 | $5,871,000,000 | $6,132,000,000 | $6,096,000,000 |
| Current Debt And Capital Lease Obligation | $300,000,000 | $250,000,000 | $500,000,000 | $550,000,000 |
| Current Debt | $300,000,000 | $250,000,000 | $500,000,000 | $550,000,000 |
| Other Current Borrowings | - | $250,000,000 | $500,000,000 | $550,000,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $382,562,000,000 | $365,520,000,000 | $329,229,000,000 | $366,191,000,000 |
| Derivative Product Liabilities | $-199,000,000 | $-172,000,000 | $-177,000,000 | $-21,000,000 |
| Non Current Deferred Liabilities | $6,730,000,000 | $5,901,000,000 | $5,091,000,000 | - |
| Current Notes Payable | $300,000,000 | $250,000,000 | - | - |
| Payables And Accrued Expenses | $10,020,000,000 | $8,105,000,000 | $6,712,000,000 | $8,946,000,000 |
| Payables | $10,020,000,000 | $8,105,000,000 | $6,712,000,000 | $8,946,000,000 |
| Other Payable | $10,020,000,000 | $8,105,000,000 | $6,712,000,000 | $8,946,000,000 |
| Equity | ||||
| Common Stock Equity | $7,283,000,000 | $5,907,000,000 | $4,116,000,000 | $20,754,000,000 |
| Preferred Stock Equity | $986,000,000 | $986,000,000 | $986,000,000 | - |
| Total Equity Gross Minority Interest | $8,269,000,000 | $6,893,000,000 | $5,102,000,000 | $20,754,000,000 |
| Stockholders Equity | $8,269,000,000 | $6,893,000,000 | $5,102,000,000 | $20,754,000,000 |
| Gains Losses Not Affecting Retained Earnings | $-5,036,000,000 | $-3,476,000,000 | $-6,352,000,000 | $6,441,000,000 |
| Other Equity Adjustments | $-5,036,000,000 | $-3,476,000,000 | $-6,352,000,000 | $6,441,000,000 |
| Retained Earnings | $7,645,000,000 | $4,778,000,000 | $5,924,000,000 | $9,578,000,000 |
| Long Term Equity Investment | - | $5,015,000,000 | $3,739,000,000 | $4,288,000,000 |
| Investments In Other Ventures Under Equity Method | - | $5,015,000,000 | $3,739,000,000 | $4,288,000,000 |
| Other | ||||
| Preferred Shares Number | $20,000,000 | $20,000,000 | $20,000,000 | $4,164 |
| Ordinary Shares Number | $170,380,646 | $169,666,137 | $169,220,511 | $177,193,515 |
| Share Issued | $170,380,646 | $169,666,137 | $169,220,511 | $177,193,515 |
| Tangible Book Value | $6,139,000,000 | $4,763,000,000 | $2,972,000,000 | $18,976,000,000 |
| Invested Capital | $13,638,000,000 | $12,028,000,000 | $10,748,000,000 | $27,400,000,000 |
| Total Capitalization | $14,324,000,000 | $12,764,000,000 | $11,234,000,000 | $26,850,000,000 |
| Capital Stock | $5,660,000,000 | $5,591,000,000 | $5,530,000,000 | $4,735,000,000 |
| Common Stock | $4,674,000,000 | $4,605,000,000 | $4,544,000,000 | $4,735,000,000 |
| Preferred Stock | $986,000,000 | $986,000,000 | $986,000,000 | $0 |
| Non Current Deferred Revenue | $6,730,000,000 | $5,901,000,000 | $5,091,000,000 | - |
| Investments And Advances | $89,430,000,000 | $91,403,000,000 | $103,661,000,000 | $123,546,000,000 |
| Goodwill | $1,144,000,000 | $1,144,000,000 | $1,144,000,000 | $1,778,000,000 |
| Other Short Term Investments | $20,916,000,000 | $88,738,000,000 | $99,736,000,000 | $118,711,000,000 |
| Treasury Shares Number | - | $0 | - | - |
Fetched: 2026-02-02
Cash Flow Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-2,007,000,000 | $-2,074,000,000 | $3,609,000,000 | $-217,000,000 |
| Operating Activities | ||||
| Operating Cash Flow | $-2,007,000,000 | $-2,074,000,000 | $3,609,000,000 | $-217,000,000 |
| Cash Flow From Continuing Operating Activities | $-2,007,000,000 | $-2,074,000,000 | $3,609,000,000 | $-217,000,000 |
| Operating Gains Losses | $-269,000,000 | $4,311,000,000 | $-840,000,000 | $867,000,000 |
| Investing Activities | ||||
| Investing Cash Flow | $821,000,000 | $-3,334,000,000 | $-11,646,000,000 | $-3,584,000,000 |
| Cash Flow From Continuing Investing Activities | $821,000,000 | $-3,334,000,000 | $-11,646,000,000 | $-3,584,000,000 |
| Net Other Investing Changes | $3,748,000,000 | $-570,000,000 | $-4,118,000,000 | $2,958,000,000 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $0 | $0 | $-550,000,000 | $-1,105,000,000 |
| Issuance Of Capital Stock | $0 | $0 | $986,000,000 | $0 |
| Financing Cash Flow | $3,622,000,000 | $5,430,000,000 | $8,768,000,000 | $4,705,000,000 |
| Cash Flow From Continuing Financing Activities | $3,622,000,000 | $5,430,000,000 | $8,768,000,000 | $4,705,000,000 |
| Net Other Financing Charges | $3,880,000,000 | $6,366,000,000 | $8,546,000,000 | $6,009,000,000 |
| Cash Dividends Paid | $-398,000,000 | $-387,000,000 | $-310,000,000 | $-319,000,000 |
| Preferred Stock Dividend Paid | $-91,000,000 | $-82,000,000 | $0 | $0 |
| Common Stock Dividend Paid | $-307,000,000 | $-305,000,000 | $-310,000,000 | $-319,000,000 |
| Net Preferred Stock Issuance | $0 | $0 | $986,000,000 | $0 |
| Preferred Stock Issuance | $0 | $0 | $986,000,000 | $0 |
| Net Common Stock Issuance | $0 | $0 | $-550,000,000 | $-1,105,000,000 |
| Other | ||||
| Repayment Of Debt | $-254,000,000 | $-628,000,000 | $-370,000,000 | $-59,000,000 |
| Issuance Of Debt | $399,000,000 | $86,000,000 | $482,000,000 | $159,000,000 |
| Interest Paid Supplemental Data | $372,000,000 | $344,000,000 | $269,000,000 | $277,000,000 |
| Income Tax Paid Supplemental Data | $0 | $0 | - | $1,000,000 |
| End Cash Position | $5,801,000,000 | $3,365,000,000 | $3,343,000,000 | $2,612,000,000 |
| Beginning Cash Position | $3,365,000,000 | $3,343,000,000 | $2,612,000,000 | $1,708,000,000 |
| Changes In Cash | $2,436,000,000 | $22,000,000 | $731,000,000 | $904,000,000 |
| Proceeds From Stock Option Exercised | $-5,000,000 | $-7,000,000 | $-16,000,000 | $20,000,000 |
| Common Stock Payments | $0 | $0 | $-550,000,000 | $-1,105,000,000 |
| Net Issuance Payments Of Debt | $145,000,000 | $-542,000,000 | $112,000,000 | $100,000,000 |
| Net Long Term Debt Issuance | $145,000,000 | $-542,000,000 | $112,000,000 | $100,000,000 |
| Long Term Debt Payments | $-254,000,000 | $-628,000,000 | $-370,000,000 | $-59,000,000 |
| Long Term Debt Issuance | $399,000,000 | $86,000,000 | $482,000,000 | $159,000,000 |
| Net Investment Purchase And Sale | $-1,073,000,000 | $-1,967,000,000 | $-7,281,000,000 | $-5,406,000,000 |
| Sale Of Investment | $11,759,000,000 | $9,794,000,000 | $8,196,000,000 | $12,266,000,000 |
| Purchase Of Investment | $-12,832,000,000 | $-11,761,000,000 | $-15,477,000,000 | $-17,672,000,000 |
| Net Business Purchase And Sale | $619,000,000 | $0 | $0 | - |
| Sale Of Business | $619,000,000 | $0 | $0 | - |
| Change In Working Capital | $-1,674,000,000 | $-3,365,000,000 | $5,128,000,000 | $-583,000,000 |
| Change In Payables And Accrued Expense | $998,000,000 | $-287,000,000 | $330,000,000 | $1,263,000,000 |
| Change In Accrued Expense | $251,000,000 | $109,000,000 | $-91,000,000 | $399,000,000 |
| Change In Payable | $747,000,000 | $-396,000,000 | $421,000,000 | $864,000,000 |
| Change In Tax Payable | $747,000,000 | $-396,000,000 | $421,000,000 | $864,000,000 |
| Change In Income Tax Payable | $747,000,000 | $-396,000,000 | $421,000,000 | $864,000,000 |
| Other Non Cash Items | $-3,339,000,000 | $-2,268,000,000 | $-2,671,000,000 | $-4,279,000,000 |
| Asset Impairment Charge | $0 | $0 | $634,000,000 | $0 |
| Gain Loss On Investment Securities | $-269,000,000 | $4,311,000,000 | $-840,000,000 | $867,000,000 |
| Net Income From Continuing Operations | $3,275,000,000 | $-752,000,000 | $1,358,000,000 | $3,778,000,000 |
| Change In Other Working Capital | - | - | $-530,000,000 | $232,000,000 |
| Change In Receivables | - | - | $-54,000,000 | $-93,000,000 |
| Changes In Account Receivables | - | - | $-54,000,000 | $-93,000,000 |
Fetched: 2026-02-02