LINCOLN NATIONAL CORP
LNCNYSE
$42.24
↑ +0.9%Jul 17 close · end-of-day
Price
1Y↑ +31.5%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$8.3B
Enterprise Value
$14.7B
P/E
4.6
P/S
0.4
P/B
0.8
EV/EBITDA
—
PEG
—
FCF Yield
—
Dividend Yield
4.3%
Revenue (TTM)
$18.8B
Net Income (TTM)
$1.7B
Free Cash Flow (TTM)
—
Gross Margin
—
Operating Margin
—
Net Margin
9.2%
ROE
16.9%
ROIC
—
Debt / Equity
0.6
Net Cash
-$6.4B
Return 1Y
+28.3%
Company profile
Lincoln National Corporation operates multiple insurance and retirement businesses in the United States. It operates through four segments: Annuities, Retirement Plan Services, Life Insurance, and Group Protection. The Life Insurance segment provides life insurance products, including term insurance, such as single and survivorship versions of universal life insurance. The Group Protection segment offers group non-medical insurance products.
- CEO
- Ellen G. Cooper
- Sector
- Finance, Insurance, And Real Estate
- Industry
- Insurance
- Employees
- 10,800
- Headquarters
- Pennsylvania
- Website
- lfg.com
Management & directors
- Beazer Craigt TEVP & General Counsel
- Rallis AndrewEVP, Chief Risk Officer
- Woodroffe SeanEVP, Ch Ppl Comms Ent Srvc Off
- Kennedy John ChristopherEVP, Chief Dist. & Brand Off
- Charters JenniferEVP, Chief Information Officer
- Adhya NilanjanEVP Chf AI Data Analytics Off
- Cohen Adam MCAO
- Cooper EllenChairman, President and CEO
- Kroll BrianEVP, Head of Life & Annuities
- Morriss John GEVP, Chief Investment Officer
- Neczypor Christopher MEVP & CFO
- Reid James WaltmanEVP, Pres. Workplace Solutions
Roles derived from SEC Form 4 filings.
Earnings
LNC Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$5.3B↑ +13.1%
Diluted EPS-$1.10↓ -75.1%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $17.4B | $17.7B | $18.8B | $11.6B | $18.4B | $18.2B |
| Gross profit | — | — | — | — | — | — |
| Operating income | — | — | — | — | — | — |
| Net income | $499.0M | $3.8B | $1.4B | -$752.0M | $3.3B | $1.2B |
| Diluted EPS | $2.56 | $19.96 | $7.78 | -$4.92 | $18.41 | $5.83 |
| Operating cash flow | $534.0M | -$217.0M | $3.6B | -$2.1B | -$2.0B | -$167.0M |
| Free cash flow | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — |
| Net margin | 2.9% | 21.3% | 7.2% | -6.5% | 17.8% | 6.5% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.2B | $4.1B | $5.1B | $4.7B | $4.0B | $4.6B | $4.9B | $5.3B |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | — | — | — | — | — | — | — | — |
| Net income | $895.0M | -$528.0M | $1.7B | -$722.0M | $699.0M | $445.0M | $755.0M | -$172.0M |
| Diluted EPS | $5.11 | -$3.29 | $9.66 | -$4.41 | $3.80 | $2.12 | $4.32 | -$1.10 |
| Operating cash flow | -$859.0M | -$27.0M | $222.0M | -$272.0M | $1.0B | -$1.1B | $233.0M | $138.0M |
| Free cash flow | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | — | — |
| Net margin | 17.4% | -12.8% | 33.3% | -15.4% | 17.3% | 9.8% | 15.3% | -3.2% |
Company news
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-06-05 | Beazer CraigT T· EVP & General Counsel | Sale | 30,000 | $34.45 | $1.0M | filing |
| 2026-06-01 | Woodroffe Sean· EVP, Ch Ppl Comms Ent Srvc Off | Sale | 25,000 | $34.75 | $868,750.00 | filing |
| 2026-06-01 | Rallis Andrew· EVP, Chief Risk Officer | Tax withholding | 20,052 | $34.63 | $694,400.76 | filing |
| 2026-05-24 | Woodroffe Sean· EVP, Ch Ppl Comms Ent Srvc Off | Tax withholding | 45,150 | $36.03 | $1.6M | filing |
| 2026-05-24 | Rallis Andrew· EVP, Chief Risk Officer | Tax withholding | 32,281 | $36.03 | $1.2M | filing |
| 2026-05-24 | Kennedy John Christopher· EVP, Chief Dist. & Brand Off | Tax withholding | 23,801 | $36.03 | $857,550.03 | filing |
| 2026-03-13 | Charters Jennifer· EVP, Chief Information Officer | Buy | 300 | $32.61 | $9,783.00 | filing |
| 2026-03-09 | Woodroffe Sean· EVP, Ch Ppl Comms Ent Srvc Off | Sale | 8,000 | $32.74 | $261,920.00 | filing |
| 2026-03-02 | Woodroffe Sean· EVP, Ch Ppl Comms Ent Srvc Off | Sale | 10,000 | $34.46 | $344,600.00 | filing |
| 2026-02-25 | LINCOLN NATIONAL LIFE INSURANCE CO /IN/ | Buy | 2,254,486 | $11.09 | $25.0M | filing |
| 2026-02-19 | Cooper Ellen· Chairman, President & CEO | Tax withholding | 80,413 | $40.10 | $3.2M | filing |
| 2026-02-19 | Reid James Waltman· EVP, Pres. Workplace Solutions | Tax withholding | 20,697 | $40.10 | $829,949.70 | filing |
| 2026-02-19 | Neczypor Christopher M· EVP & CFO | Tax withholding | 19,970 | $40.10 | $800,797.00 | filing |
| 2026-02-19 | Woodroffe Sean· EVP, Ch Ppl Culture Comms Off | Tax withholding | 19,037 | $40.10 | $763,383.70 | filing |
| 2026-02-19 | Cooper Ellen· Chairman, President & CEO | Tax withholding | 12,316 | $40.10 | $493,871.60 | filing |
| 2026-02-19 | Beazer CraigT T· EVP & General Counsel | Tax withholding | 11,413 | $40.10 | $457,661.30 | filing |
| 2026-02-19 | Kennedy John Christopher· EVP, Chief Dist. & Brand Off | Tax withholding | 7,353 | $40.10 | $294,855.30 | filing |
| 2026-02-19 | Cohen Adam M· CAO | Tax withholding | 2,272 | $40.10 | $91,107.20 | filing |
| 2026-02-19 | Beazer CraigT T· EVP & General Counsel | Award | 21,198 | $0.00 | $0.00 | filing |
| 2026-02-19 | Woodroffe Sean· EVP, Ch Ppl Culture Comms Off | Award | 53,368 | $0.00 | $0.00 | filing |
| 2026-02-19 | Woodroffe Sean· EVP, Ch Ppl Culture Comms Off | Award | 22,444 | $0.00 | $0.00 | filing |
| 2026-02-19 | Kennedy John Christopher· EVP, Chief Dist. & Brand Off | Award | 22,026 | $0.00 | $0.00 | filing |
| 2026-02-19 | Kennedy John Christopher· EVP, Chief Dist. & Brand Off | Award | 16,085 | $0.00 | $0.00 | filing |
| 2026-02-19 | Neczypor Christopher M· EVP & CFO | Award | 48,925 | $0.00 | $0.00 | filing |
| 2026-02-19 | Neczypor Christopher M· EVP & CFO | Award | 41,148 | $0.00 | $0.00 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.