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Lincoln National Corp (LNC.PD) stock

LNC.PDNYSELife InsuranceFiscal year ends December 31Also trades as LNC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026Score 17/3038% below fair value
$25.79−0.26 (-1.00%)

Close on Oct 30, 2026Market cap $4.94BP/E 2.2Yield 6.98%

Lincoln National shares outstanding

Diluted shares outstanding: the weighted share count used for earnings per share, adjusted for stock splits.

Lincoln National's shares outstanding was 196M at Jun 30, 2026. For fiscal 2025 it was 186M, up 7.5% from the year before. Over ten years it grew -3.1% a year on average. The highest annual figure on record is 319M in fiscal 2010.

Annual shares outstanding

PeriodPeriod endValueChange
FY2025Dec 31, 2025186M+7.5%
FY2024Dec 31, 2024173M+1.4%
FY2023Dec 31, 2023171M-1.1%
FY2022Dec 31, 2022173M-8.9%
FY2021Dec 31, 2021190M-2.5%
FY2020Dec 31, 2020194M-3.8%
FY2019Dec 31, 2019202M-7.9%
FY2018Dec 31, 2018220M-2.9%
FY2017Dec 31, 2017226M-4.5%
FY2016Dec 31, 2016237M-7.1%
FY2015Dec 31, 2015255M-4.9%
FY2014Dec 31, 2014268M-2.6%
FY2013Dec 31, 2013275M-4.3%
FY2012Dec 31, 2012288M-8.7%
FY2011Dec 31, 2011315M-1.3%
FY2010Dec 31, 2010319M+11.8%
FY2009Dec 31, 2009286M+10.1%
FY2008Dec 31, 2008259M–

Quarterly shares outstanding

Change is against the same quarter a year earlier.

PeriodPeriod endValueChange
Q2 FY2026Jun 30, 2026196M+8.8%
Q1 FY2026Mar 31, 2026196M+12.9%
Q4 FY2025Dec 31, 2025196M+12.5%
Q3 FY2025Sep 30, 2025194M+12.4%
Q2 FY2025Jun 30, 2025181M+4.5%
Q1 FY2025Mar 31, 2025174M+1.3%
Q4 FY2024Dec 31, 2024174M+1.7%
Q3 FY2024Sep 30, 2024173M+1.1%
Q2 FY2024Jun 30, 2024173M+1.4%
Q1 FY2024Mar 31, 2024172M+0.8%
Q4 FY2023Dec 31, 2023171M+0.3%
Q3 FY2023Sep 30, 2023171M-0.1%
Q2 FY2023Jun 30, 2023170M-1.3%
Q1 FY2023Mar 31, 2023170M-3.4%
Q4 FY2022Dec 31, 2022171M-7.7%
Q3 FY2022Sep 30, 2022171M-9.5%
Q2 FY2022Jun 30, 2022173M-10.1%
Q1 FY2022Mar 31, 2022176M-8.6%
Q4 FY2021Dec 31, 2021185M-2.8%
Q3 FY2021Sep 30, 2021189M-3.2%
Q2 FY2021Jun 30, 2021192M-0.8%
Q1 FY2021Mar 31, 2021193M-2.1%
Q4 FY2020Dec 31, 2020190M-4.5%
Q3 FY2020Sep 30, 2020195M-3.1%
Q2 FY2020Jun 30, 2020194M-4.5%
Q1 FY2020Mar 31, 2020197M-4.2%
Q4 FY2019Dec 31, 2019199M-7.4%
Q3 FY2019Sep 30, 2019202M-7.7%
Q2 FY2019Jun 30, 2019203M-8.4%
Q1 FY2019Mar 31, 2019206M-7.3%
Q4 FY2018Dec 31, 2018215M-3.5%
Q3 FY2018Sep 30, 2018218M-2.4%
Q2 FY2018Jun 30, 2018222M-2.5%
Q1 FY2018Mar 31, 2018222M-3.4%
Q4 FY2017Dec 31, 2017223M-2.1%
Q3 FY2017Sep 30, 2017224M-4.2%
Q2 FY2017Jun 30, 2017227M–
Q1 FY2017Mar 31, 2017230M–
Q4 FY2016Dec 31, 2016228M–
Q3 FY2016Sep 30, 2016234M–

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