LNCNYSELife InsuranceFiscal year ends December 31Also trades as LNC.PD
LINCOLN NATIONAL CORP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026
$39.28−0.55 (-1.38%)
Close on Oct 19, 2026
- Market cap
- $7.72B
- P/E (TTM)
- 3.4
- Dividend yield
- 4.58%
Lincoln National statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Life Insurance companies for comparison
Valuation
| Measure | Lincoln National | Industry median |
|---|---|---|
| Market Cap | $7.52B | $3.25B |
| Enterprise Value | -$2.24B | $2.52B |
| PE Ratio | 3.40 | 10.38 |
| PS Ratio | 0.39 | 1.08 |
| PB Ratio | 0.66 | 1.48 |
| P/TBV Ratio | 0.74 | 1.56 |
Enterprise value
| Measure | Lincoln National | Industry median |
|---|---|---|
| EV / Sales | -0.12 | 0.93 |
Income (trailing twelve months)
| Measure | Lincoln National | Industry median |
|---|---|---|
| Revenue | $19.33B | $4.57B |
| Pretax Income | $2.84B | $589.53M |
| Net Income | $2.36B | $470.80M |
| EPS (Diluted) | $11.54 | $4.71 |
Margins
| Measure | Lincoln National | Industry median |
|---|---|---|
| Pretax Margin | 14.7% | 13.7% |
| Profit Margin | 12.2% | 10.7% |
Returns
| Measure | Lincoln National | Industry median |
|---|---|---|
| Return on Equity (ROE) | 22.6% | 13.9% |
| Return on Assets (ROA) | 0.57% | 3.31% |
Growth
| Measure | Lincoln National | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 7.91% | 8.06% |
| Net Income Growth (YoY) | 107.7% | 25.1% |
| EPS Growth (YoY) | 101.4% | 27.7% |
| Revenue Growth (3Y CAGR) | -1.07% | 9.53% |
| Revenue Growth (5Y CAGR) | 0.87% | 8.29% |
| EPS Growth (3Y CAGR) | -9.17% | 15.9% |
| EPS Growth (5Y CAGR) | 17.9% | 15.2% |
Balance sheet
| Measure | Lincoln National | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $10.17B | $482.49M |
| Total Debt | $400.00M | $859.00M |
| Net Cash (Debt) | $9.77B | $300.85M |
| Net Cash Per Share | $51.01 | $5.27 |
| Equity (Book Value) | $11.35B | $3.63B |
| Book Value Per Share | $59.28 | $41.34 |
| Tangible Book Value | $10.21B | $2.59B |
Financial position
| Measure | Lincoln National | Industry median |
|---|---|---|
| Debt / Equity | 0.04 | 0.27 |
Cash flow (trailing twelve months)
| Measure | Lincoln National | Industry median |
|---|---|---|
| Operating Cash Flow | -$1.33B | $631.50M |
Efficiency
| Measure | Lincoln National | Industry median |
|---|---|---|
| Asset Turnover | 0.05 | 0.27 |
| Revenue Per Employee | $2.05M | $1.68M |
| Profits Per Employee | $250.35K | $188.96K |
| Employee Count | 9,423 | 1,400 |
Dividends and yields
| Measure | Lincoln National | Industry median |
|---|---|---|
| Earnings Yield | 31.4% | 9.43% |
| Dividend Yield | 4.58% | 2.02% |
| Shareholder Yield | 4.58% | 4.57% |
| Dividend Per Share | $1.80 | $1.75 |
| Dividend Growth (YoY) | 0.00% | 4.86% |
| Years of Dividend Growth | 0 | 3 |
| Payout Ratio | 14.6% | 20.2% |
Shares
| Measure | Lincoln National | Industry median |
|---|---|---|
| Shares Outstanding | 191,447,000 | 65,596,200 |
| Shares Change (YoY) | 11.6% | -1.19% |
| Shares Change (QoQ) | 0.11% | -0.31% |
| Float | 170,639,000 | 56,719,400 |
| Shares Held by Insiders | 10.9% | 3.34% |
| Shares Held by Institutions | 85.9% | 85.3% |
Taxes
| Measure | Lincoln National | Industry median |
|---|---|---|
| Income Tax | $477.00M | $105.00M |
| Effective Tax Rate | 16.8% | 19.8% |
Scores
| Measure | Lincoln National | Industry median |
|---|---|---|
| Graham Number | $124.06 | $76.86 |
| Graham Upside | 215.8% | 18.9% |
| Altman Z-Score | 0.09 | 0.87 |
| Piotroski F-Score | 2 | 5 |
Calculated by StockData from Lincoln National's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.