LNC — LINCOLN NATIONAL CORP

NYSE · Financials · Insurance · CIK 59558 ·
Last close
$37.30
Market Cap
$7.13B
52W High
$38.48
52W Low
$32.05
ADV30
1,831,247
Next earnings
2026-07-30
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.

Quarterly Fundamentals

Revenues vs Net Income (last 4 Q)

Assets vs Liabilities (last 4 Q)

PeriodRevenuesGrossProfit OpIncomeNetIncomeAssets CashLiabilities
Mar 2026 5,323,000,000 -172,000,000 406,161,000,000 7,345,000,000 395,949,000,000
Dec 2025 4,970,000,000 754,000,000 417,204,000,000 9,502,000,000 406,298,000,000
Sep 2025 4,591,000,000 445,000,000 415,275,000,000 10,668,000,000 404,823,000,000
Jun 2025 4,065,000,000 699,000,000 399,065,000,000 7,143,000,000 389,517,000,000

Cashflow TTM (yfinance, fills SEC gap)

Operating CF
$-167,000,000
Investing CF
$-4,013,000,000
Financing CF
$7,881,000,000
CapEx
Dividends Paid
$-416,000,000
Buybacks
EPS Diluted TTM
$5.31
As of
2026-05-10

Balance + Analyst (yfinance extras)

Retained Earnings
$8,386,000,000
Inventory
Receivables
$28,012,000,000
ST Investments
$25,272,000,000
EBIT TTM
$730,000,000
Pretax Income TTM
$1,338,000,000
Interest Exp TTM
$240,000,000
Analysts
12

Yahoo Snapshot (yfinance, live)

Total Revenue
$18,830,000,128
EBITDA
Free Cash Flow
$2,871,124,992
Enterprise Value
$-27,856,748,544
Total Cash
$42,687,000,576
Total Debt
$6,712,000,000
Shares Out
191,213,197
Trailing EPS
$9.14
Book Value
$48.25
ROE
18.8%
ROA
0.3%
Div Yield
4.83%

Annual Trend (SEC EDGAR, last 4y)

Revenues vs Net Income (last 4y)

FY endRevenuesOpIncome NetIncomeAssetsLiabilities EquityOCF
Dec 2025 18,342,000,000 1,177,000,000 417,204,000,000 406,298,000,000 -167,000,000
Dec 2024 17,989,000,000 3,275,000,000 390,831,000,000 382,562,000,000 -2,007,000,000
Dec 2023 11,711,000,000 -752,000,000 372,413,000,000 365,520,000,000 -2,074,000,000
Dec 2022 18,929,000,000 1,358,000,000 334,331,000,000 329,229,000,000 3,609,000,000

TTM Snapshot

Revenues TTM
$16,628,000,000
NetIncome TTM
$650,000,000
OpCashFlow TTM
$0
Assets (Latest)
$390,831,000,000
Forward EPS
$8.32

Max Pain — expiry 2026-06-18

max pain strike: $35.00 · spot: $37.71 · call oi: 9,469 · put oi: 12,288
Expected Move to 2026-06-18: ±$0.97 (2.59%) — implied range $36.73$38.68 · ATM straddle on $37.50 strike

Peers — same industry

TickerNameMarket CapLastDaily %
KNSL Kinsale Capital Group, Inc. $7.18B $311.38
THG HANOVER INSURANCE GROUP, INC. $6.92B $197.65
AXS AXIS CAPITAL HOLDINGS LTD $7.48B $101.44
OSCR Oscar Health, Inc. $7.51B $28.26
JXN Jackson Financial Inc. $7.58B $108.69

News headlines (Yahoo Finance, 1h cache)

1 Cash-Heavy Stock on Our Buy List and 2 We Avoid
2026-06-15 12:04 · Yahoo
Why Is Manulife (MFC) Up 6% Since Last Earnings Report?
2026-06-12 15:30 · Yahoo
Lincoln National (LNC): What Morgan Stanley Still Sees After Trimming Its Target
2026-06-12 00:38 · Yahoo
A Look At Lincoln National (LNC) Valuation As Executive Leadership Structure Is Overhauled
2026-06-12 00:22 · Yahoo
Lincoln National vs. MetLife: Which Financial Stock Is a Better Buy in 2026?
2026-06-10 01:45 · Yahoo
1 Value Stock to Target This Week and 2 That Underwhelm
2026-06-08 11:25 · Yahoo
Lincoln Financial Announces Executive Leadership Transitions
2026-06-01 13:00 · Yahoo
Lincoln National Corporation's Board of Directors Declares Quarterly Cash Dividend
2026-05-28 20:30 · Yahoo
A Look At Lincoln National (LNC) Valuation After Recent Mixed Share Performance
2026-05-26 07:08 · Yahoo
Why This Fund Sold Off $11 Million of a Stock That's Up 325% in a Year
2026-05-21 21:29 · Yahoo

Recent Insider Activity

No insider activity indexed for this ticker.