Lincoln National Corporation LNC R3KFINANCIAL
Company Overview
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.
Why Investors Should Care
Generates a return on equity of 22.6%, reflecting efficient use of shareholder capital.
Trades at a P/E of 3.6, below the sector median of 12.9.
Offers a dividend yield of 4.26%.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Dec 2025 Revenue of $18.21B (-1.2% YoY); net profit $1.18B.
- Trailing 12 Months Year-on-year growth — revenue +12.6%, earnings +76.8%.
- 5-Year Trend Long-term compounding — revenue CAGR 3.6%, profit CAGR -0.2%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 3.61% |
| 1 Year: | 12.60% |
Compounded Profit Growth
| 5 Years: | -0.18% |
| 1 Year: | 76.80% |
Stock Price Performance
| 1 Year: | +11.71% |
| 6 Months: | +30.56% |
| 3 Months: | +25.02% |
| 1 Month: | -5.89% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMAAbove
- RSI (14)49.07 · Neutral
P/E of 3.65 is below the sector median of 12.89 — relatively cheaper than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Strong return on equity of 22.6%.
- Attractive dividend yield of 4.26%.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Earnings shrank at -0.2% CAGR over 5 years.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Financial Services).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | LNC Lincoln National Corporation R3KFINANCIAL | 43.32 | 3.65 | $8.29B | 4.26% | - | 22.59% | 3.61% | -0.18% |
| 2 | JPM JPMorgan Chase & Co. SPXR3KFINANCIAL | 353.51 | 15.15 | $939.70B | 1.72% | - | 17.79% | 12.50% | 14.83% |
| 3 | BRK-B Berkshire Hathaway Inc. SPXFINANCIAL | 505.83 | 12.72 | $712.23B | 0.00% | - | 12.12% | 4.18% | 9.44% |
| 4 | V Visa Inc. SPXR3KFINANCIAL | 368.64 | 31.35 | $628.20B | 0.72% | 37.15% | 61.19% | 14.33% | 13.04% |
| 5 | MA Mastercard Incorporated SPXR3KFINANCIAL | 570.89 | 31.44 | $496.37B | 0.62% | 60.19% | - | 12.29% | 19.21% |
| 6 | BAC Bank of America Corporation SPXR3KFINANCIAL | 62.39 | 14.41 | $436.28B | 2.04% | - | 11.20% | 3.14% | 4.27% |
| 7 | BRK-A Berkshire Hathaway Inc. FINANCIAL | 757,791.00 | 12.71 | $370.14B | 0.00% | - | 12.12% | 7.60% | 10.02% |
| 8 | HSBC HSBC Holdings plc FINANCIAL | 106.26 | 15.18 | $363.70B | 3.65% | - | 13.10% | 9.75% | 12.72% |
| 9 | MS Morgan Stanley SPXR3KFINANCIAL | 216.24 | 17.48 | $339.62B | 2.26% | - | 17.97% | 3.76% | 9.66% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | 312.00M | 334.00M | 353.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | 344.00M | 227.00M | 283.00M | 211.00M | 325.00M | 467.00M | 189.00M | 435.00M | 411.00M | 418.00M | 816.00M | 367.00M | 385.00M | 490.00M | 399.00M | 252.00M | 363.00M | -161.00M | 431.00M | 52.00M | -94.00M | 398.00M | 143.00M | 225.00M | 642.00M | 318.00M | 1.48B | 840.00M | -1.78B | -881.00M | 511.00M | 853.00M | 1.22B | 895.00M | -528.00M | -722.00M | 699.00M | 445.00M | -172.00M | 1.33B |
| Diluted EPS | 1.35 | 0.87 | 1.14 | 0.83 | 1.35 | 2.00 | 0.82 | 1.89 | 1.81 | 1.87 | 3.67 | 1.64 | 1.70 | 2.24 | 1.80 | 1.22 | 1.79 | -0.83 | 2.15 | 0.15 | -0.49 | 2.01 | 0.74 | 1.16 | 3.34 | 1.68 | 8.39 | 4.83 | -10.47 | -5.37 | 2.94 | 4.79 | 6.93 | 5.11 | -3.29 | -4.41 | 3.80 | 2.12 | -1.10 | 6.72 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 9.61B | 9.22B | 8.50B | 10.41B | 10.64B | 11.54B | 11.97B | 13.55B | 13.57B | 13.33B | 14.26B | 1.34B | 17.26B | 17.44B | 17.71B | 18.81B | 11.64B | 18.44B | 18.21B |
| Net Income | 1.22B | 57.00M | -485.00M | 902.00M | 221.00M | 1.31B | 1.24B | 1.51B | 1.15B | 1.19B | 2.08B | 1.64B | 886.00M | 499.00M | 3.78B | 1.36B | -752.00M | 3.27B | 1.18B |
| Diluted EPS | 4.43 | 0.22 | -1.85 | 2.30 | 0.69 | 4.56 | 4.52 | 5.67 | 4.51 | 5.03 | 9.22 | 7.40 | 4.38 | 2.56 | 19.96 | 7.78 | -4.92 | 18.41 | 5.83 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | 163.14B | 177.43B | 193.82B | 201.49B | 218.87B | 236.94B | 253.38B | 251.91B | 261.63B | 281.76B | 298.15B | 334.76B | 365.95B | 387.30B | 334.33B | 372.41B | 390.83B | 417.20B |
| Total Equity | 11.72B | 7.98B | -262.00M | 11.69B | 13.10B | 14.97B | 13.45B | 15.74B | 13.62B | 14.48B | 17.32B | 14.35B | 19.69B | 22.70B | 19.91B | 5.10B | 6.89B | 8.27B | 10.91B |
| Cash & Equivalents | - | 5.59B | 4.03B | 2.74B | 4.51B | 4.23B | 2.36B | 3.92B | 3.15B | 2.72B | 1.63B | - | - | - | - | - | - | - | - |
| Long Term Debt | - | - | - | 5.61B | 5.39B | 5.37B | 5.77B | 5.27B | 5.32B | 5.12B | 5.12B | 5.69B | 6.13B | 6.33B | 6.33B | 6.33B | 5.83B | 6.08B | 6.26B |
| Total Liabilities | - | 155.16B | 165.73B | 181.02B | 188.39B | 203.90B | 223.49B | 237.64B | 238.29B | 247.15B | 264.44B | 283.80B | 315.07B | 343.25B | 367.03B | 329.23B | 365.52B | 382.56B | 406.30B |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 1.96B | 1.26B | 937.00M | 1.72B | 1.28B | 1.27B | 799.00M | 2.53B | 2.24B | 1.27B | 788.00M | 1.94B | -2.69B | 534.00M | -217.00M | 3.61B | -2.07B | -2.01B | -167.00M |
| Investing Cash Flow | -1.96B | 2.57B | -7.85B | -5.63B | -2.12B | -3.86B | -4.71B | -1.80B | -4.22B | -3.67B | -4.19B | -5.82B | -5.50B | -9.48B | -3.58B | -11.65B | -3.33B | 821.00M | -4.01B |
| Financing Cash Flow | 49.00M | 431.00M | 5.17B | 2.47B | 2.62B | 2.31B | 2.04B | 834.00M | 1.21B | 1.97B | 2.31B | 4.59B | 8.40B | 8.09B | 4.71B | 8.77B | 5.43B | 3.62B | 7.88B |
| Share Buybacks | 986.00M | 476.00M | 0 | 25.00M | 575.00M | 492.00M | 450.00M | 650.00M | 900.00M | 879.00M | 725.00M | 900.00M | 550.00M | 275.00M | 1.10B | 550.00M | 0 | 0 | - |
| Dividends Paid | 430.00M | 430.00M | 79.00M | 42.00M | 61.00M | 91.00M | 128.00M | 170.00M | 204.00M | 238.00M | 262.00M | 289.00M | 303.00M | 311.00M | 319.00M | 310.00M | - | - | - |
Ratios (Annual)
Figures in %.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Margin % | 12.6% | 0.6% | -5.7% | 8.7% | 2.1% | 11.4% | 10.4% | 11.2% | 8.5% | 8.9% | 14.6% | 122.2% | 5.1% | 2.9% | 21.3% | 7.2% | -6.5% | 17.8% | 6.5% |
| ROE % | 10.4% | 0.7% | 185.1% | 7.7% | 1.7% | 8.8% | 9.2% | 9.6% | 8.5% | 8.2% | 12.0% | 11.4% | 4.5% | 2.2% | 19.0% | 26.6% | -10.9% | 39.6% | 10.8% |
| ROCE % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Bain Capital Prairie, LLC | 9.80% | 18.76M | $791.65M |
| 2 | Blackrock Inc. | 9.70% | 18.56M | $783.31M |
| 3 | Vanguard Portfolio Management LLC | 5.45% | 10.43M | $440.03M |
| 4 | Dimensional Fund Advisors LP | 4.48% | 8.57M | $361.74M |
| 5 | Vanguard Capital Management LLC | 4.36% | 8.35M | $352.25M |
| 6 | Massachusetts Financial Services Co. | 3.33% | 6.37M | $268.94M |
| 7 | State Street Corporation | 3.19% | 6.11M | $257.69M |
| 8 | Price (T.Rowe) Associates Inc | 2.61% | 4.99M | $210.74M |
| 9 | Jennison Associates LLC | 1.97% | 3.77M | $159.20M |
| 10 | Morgan Stanley | 1.90% | 3.63M | $153.28M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for LNC
Lincoln National (LNC) Stock Looks Below Fair Value While Returns Look Strong - finance.yahoo.com
<a href="https://news.google.com/rss/articles/CBMingFBVV95cUxPdElYc09KTnRJd3N0NWpuMERpNnNSZFI4MjFCZHkxYVNqZDFDV3pKbWFsc0hqSWZwanI1aEdMREJ3aGFOSWZqNzA3VjRKUVBESHNLb015dGZyZGU0QS1SOFQzSjh1LWdJZzBfZnQyNGJDQkllLTJYVE1qN0l0Zm1ZMGlxaUZ2ZUttc0E2Vn…
LNC Stock Pops On Report Of Lincoln National’s Potential $5B Reinsurance Deal With Talcott - Stocktwits
<a href="https://news.google.com/rss/articles/CBMi8AFBVV95cUxObVNXSlZPbDItV2V4cFN0N1l4NFBGb2lMODJfbUFfeVN6OWMyMVl6WUtNc044dmI4aXpacGdjMGtwYkdkcWM5Vk1FN2hpODJ6NkVPa1pOa0g3aU13QnZ1NjFNc2dEQldXdW1odkZXaTVyYkpPM3YtM00wSE9DdmdoOS16SF8tUEJvYThCdW…
Lincoln National Corporation $LNC Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC - marketbeat.com
<a href="https://news.google.com/rss/articles/CBMiiAJBVV95cUxNVGlicEw2Z19mS05tNnp4VkRLWWJ4ekU3R2VPYzV5SmlZR1dhZ1k4VmU3cmVlZlljOWQtOUM3VnpQellISU1ycjJRN0RWYVo5RV90VWpRanQ2UzVDYXpaaGhwWUxkalFyX2I2Y2Zhb0ZvM1hnN1BIc20wZzJoUUlaUG4tbk1oT3NWVmxMbn…
Lincoln National (NYSE: LNC) insider sold $2.4M in August and now plans more share sales - Stock Titan
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Lincoln National (LNC) Could Be 3% Undervalued After Its 90 Day Rally - simplywall.st
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Lincoln Financial Group (LNC) Stock Trades Up, Here Is Why - finance.yahoo.com
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LNC — Frequently Asked Questions
What is the current share price of Lincoln National Corporation (LNC)?
As of 2026-09-19 21:16 PDT, Lincoln National Corporation (LNC) trades at $43.32 on NYSE. Its 52-week range is $31.80 to $47.00.
What is the market capitalisation of LNC?
Lincoln National Corporation (LNC) has a market capitalisation of $8.29B on NYSE.
What is the P/E ratio of LNC?
LNC trades at a trailing price-to-earnings (P/E) ratio of 3.65. The industry average P/E is 12.89. Its price-to-book (P/B) ratio is 0.78.
Does LNC pay a dividend?
Lincoln National Corporation (LNC) currently offers a dividend yield of 4.26%.
What is the return on equity (ROE) of LNC?
LNC has a return on equity (ROE) of 22.59%.
Is LNC a good stock to buy?
This page provides a data-driven analysis of Lincoln National Corporation (LNC), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.