Lincoln National Corporation (LNC)
NYSE: LNC · Real-Time Price · USD
34.04
-1.09 (-3.10%)
At close: Mar 6, 2026, 4:00 PM EST
34.02
-0.02 (-0.06%)
After-hours: Mar 6, 2026, 7:52 PM EST
Lincoln National Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | 2020 - 2016 |
| Premiums & Annuity Revenue | 6,666 | 6,425 | 3,672 | 6,087 | 5,617 | Upgrade
|
| Total Interest & Dividend Income | 6,075 | 5,544 | 5,900 | 5,515 | 6,111 | Upgrade
|
| Gain (Loss) on Sale of Investments | -340 | -268 | -897 | -15 | 659 | Upgrade
|
| Other Revenue | 5,868 | 6,267 | 3,027 | 7,338 | 5,340 | Upgrade
|
| Total Revenue | 18,269 | 17,968 | 11,702 | 18,925 | 17,715 | Upgrade
|
| Revenue Growth (YoY) | 1.68% | 53.55% | -38.17% | 6.83% | 1.58% | Upgrade
|
| Policy Benefits | 11,703 | 11,361 | 9,386 | 11,356 | 11,432 | Upgrade
|
| Policy Acquisition & Underwriting Costs | 2,141 | 2,003 | 1,901 | 1,837 | 1,886 | Upgrade
|
| Amortization of Goodwill & Intangibles | 148 | 96 | 44 | 65 | 50 | Upgrade
|
| Selling, General & Administrative | 2,647 | 2,957 | 3,069 | 2,943 | 2,822 | Upgrade
|
| Other Operating Expenses | 568 | 602 | 501 | 562 | 447 | Upgrade
|
| Total Operating Expenses | 17,207 | 17,019 | 14,901 | 16,763 | 16,637 | Upgrade
|
| Operating Income | 1,062 | 949 | -3,199 | 2,162 | 1,078 | Upgrade
|
| Interest Expense | -227 | -336 | -331 | -283 | -270 | Upgrade
|
| Other Non Operating Income (Expenses) | 563 | 2,867 | 2,416 | 480 | 3,936 | Upgrade
|
| EBT Excluding Unusual Items | 1,398 | 3,480 | -1,114 | 2,359 | 4,744 | Upgrade
|
| Merger & Restructuring Charges | -46 | -40 | -34 | - | -101 | Upgrade
|
| Impairment of Goodwill | - | - | - | -634 | - | Upgrade
|
| Gain (Loss) on Sale of Assets | - | 582 | - | - | - | Upgrade
|
| Asset Writedown | -14 | - | - | - | - | Upgrade
|
| Pretax Income | 1,338 | 4,022 | -1,148 | 1,725 | 4,643 | Upgrade
|
| Income Tax Expense | 161 | 747 | -396 | 367 | 865 | Upgrade
|
| Net Income | 1,177 | 3,275 | -752 | 1,358 | 3,778 | Upgrade
|
| Preferred Dividends & Other Adjustments | 91 | 91 | 82 | - | - | Upgrade
|
| Net Income to Common | 1,086 | 3,184 | -834 | 1,358 | 3,778 | Upgrade
|
| Net Income Growth | -64.06% | - | - | -64.05% | 657.11% | Upgrade
|
| Shares Outstanding (Basic) | 183 | 171 | 170 | 171 | 187 | Upgrade
|
| Shares Outstanding (Diluted) | 186 | 173 | 170 | 173 | 190 | Upgrade
|
| Shares Change (YoY) | 7.50% | 2.07% | -1.82% | -8.93% | -2.48% | Upgrade
|
| EPS (Basic) | 5.94 | 18.66 | -4.92 | 7.94 | 20.16 | Upgrade
|
| EPS (Diluted) | 5.83 | 18.41 | -4.92 | 7.79 | 19.96 | Upgrade
|
| EPS Growth | -68.34% | - | - | -60.99% | 679.86% | Upgrade
|
| Dividend Per Share | 1.800 | 1.800 | 1.800 | 1.800 | 1.710 | Upgrade
|
| Dividend Growth | - | - | - | 5.26% | 5.56% | Upgrade
|
| Operating Margin | 5.81% | 5.28% | -27.34% | 11.42% | 6.08% | Upgrade
|
| Profit Margin | 5.94% | 17.72% | -7.13% | 7.18% | 21.33% | Upgrade
|
| EBITDA | 1,210 | 958 | -3,190 | 2,185 | 1,116 | Upgrade
|
| EBITDA Margin | 6.62% | 5.33% | -27.26% | 11.55% | 6.30% | Upgrade
|
| D&A For EBITDA | 148 | 9 | 9 | 23 | 38 | Upgrade
|
| EBIT | 1,062 | 949 | -3,199 | 2,162 | 1,078 | Upgrade
|
| EBIT Margin | 5.81% | 5.28% | -27.34% | 11.42% | 6.08% | Upgrade
|
| Effective Tax Rate | 12.03% | 18.57% | - | 21.27% | 18.63% | Upgrade
|
| Revenue as Reported | 18,212 | 18,442 | 11,645 | 18,810 | 17,715 | Upgrade
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Source: S&P Capital IQ. Insurance template. Financial Sources.