LNC

LINCOLN NATIONAL CORP

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Insider Sentiment

Last purchase: 2026-03-13
Last sale: 2026-08-17
Shares purchased (TTM): 2,300
Shares sold (TTM): 105,575.55

Buy ratio (TTM)2.1%

Institutional Sentiment

As of: 2026-06-30
Institutional shares owned: 156,311,730
Shares outstanding: 192,862,677
Ownership: 81.05%

+12.23% Y/Y

Earnings Market Reaction

Filing date: 2026-07-30
Price on filing date: —
1-month reaction: -8.41%
3-month reaction: Pending

Drift continued3/11 (27%)

Faded / reversed8/11 (73%)

Export data

Recent filings

10-Q2026-06-30Filed 2026-07-30
10-Q2026-03-31Filed 2026-05-07
10-K2025-12-31Filed 2026-02-19
10-Q2025-09-30Filed 2025-10-30
10-Q2025-06-30Filed 2025-07-31
10-Q2025-03-31Filed 2025-05-08
10-K2024-12-31Filed 2025-02-21
10-Q2024-09-30Filed 2024-10-31
10-Q2024-06-30Filed 2024-08-01
10-Q2024-03-31Filed 2024-05-02
10-K2023-12-31Filed 2024-02-22
10-Q2023-09-30Filed 2023-11-02

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Balance Sheet

Values in millions ($)

Line item	2026-06-30	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30
Available For Sale Securities Debt Securities	-	-	-	-	-	-	-	-	-	-	-	97,804
Series C Preferred Stock	0	0	0	0	0	0	0	0	0	0	0	-
Series D Preferred Stock	0	0	0	0	0	0	0	0	0	0	0	-
Assets
Debt Securities Available For Sale Excluding Accrued Interest	95,085	94,200	93,448	90,680	89,386	88,297	87,111	90,682	87,174	87,764	88,738	-
Trading Securities Debt	1,515	1,552	1,676	1,853	1,909	1,984	2,025	2,206	2,201	2,227	2,359	2,788
Equity Securities Fv Ni	456	475	636	542	341	345	294	293	295	319	306	383
Notes Receivable Net	-	-	-	-	-	-	-	-	-	-	-	18,751
Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss	23,406	22,825	22,472	22,230	21,996	21,558	21,083	20,856	20,152	19,266	18,963	-
Loans Insurance Policy	2,596	2,606	2,626	2,584	2,552	2,529	2,476	2,510	2,513	2,476	2,476	2,428
Derivative Assets	11,382	8,337	9,945	10,427	8,349	7,849	9,677	9,522	8,608	8,394	6,474	5,790
Other Investments	8,870	8,742	8,105	7,786	6,611	6,653	7,252	5,743	5,652	5,256	5,015	4,551
Investments	143,310	138,737	138,908	136,102	131,144	129,215	129,918	131,812	126,595	125,702	124,331	132,495
Deferred Policy Acquisition Costs And Value Of Business Acquired	-	-	-	-	-	-	-	-	-	-	-	12,341
Cash And Cash Equivalents At Carrying Value	10,165	7,345	9,502	10,668	7,143	4,284	5,801	6,013	5,475	4,122	3,365	2,529
Reinsurance Recoverables	27,225	27,688	28,012	28,665	28,440	28,580	28,750	29,233	29,126	29,461	29,843	18,389
Deposit Assets	33,619	33,597	33,690	33,066	31,754	31,048	30,776	30,501	29,888	28,904	29,247	-
Market Risk Benefit Asset Amount	5,077	4,303	4,753	4,694	4,577	4,157	4,860	4,565	4,754	4,878	3,894	4,108
Accrued Investment Income Receivable	1,169	1,170	1,122	1,172	1,136	1,134	1,108	1,160	1,135	1,127	1,082	1,372
Goodwill	1,144	1,144	1,144	1,144	1,144	1,144	1,144	1,144	1,144	1,144	1,144	1,144
Other Assets	6,918	7,248	7,154	7,223	8,181	8,267	7,499	8,454	8,782	9,413	8,853	20,223
Separate Account Assets	188,252	172,043	180,092	179,860	172,942	162,506	168,438	171,483	165,199	166,225	158,257	145,810
Assets	429,797	406,161	417,204	415,275	399,065	382,898	390,831	396,840	384,533	383,381	372,413	338,411
Liabilities And Stockholders Equity
Policyholder Funds	139,510	135,683	136,245	133,223	129,209	125,262	126,197	125,968	124,113	122,300	120,737	117,210
Liability For Future Policy Benefits And Unpaid Claims And Claims Adjustment Expense	42,177	42,010	42,077	41,852	41,053	40,665	39,807	41,169	38,560	38,848	39,864	39,362
Funds Held Under Reinsurance Agreements Liability	16,808	17,564	17,922	17,559	16,700	16,838	16,907	17,595	17,044	17,486	17,641	-
Market Risk Benefit Liability Amount	895	1,127	1,118	1,190	1,205	1,306	1,046	1,272	1,275	1,266	1,716	1,385
Deposits Received For Securities Loaned At Carrying Value	9,232	6,556	7,954	11,153	8,466	8,282	10,020	10,570	11,114	10,117	8,105	8,046
Liabilities
Liabilities	418,448	395,949	406,298	404,823	389,517	374,705	382,562	387,827	376,584	375,835	365,520	335,212
Debt Current	-	-	400	-	-	-	300	-	-	-	250	-
Short Term Borrowings	400	400	-	0	0	0	-	300	450	503	-	-
Long Term Debt	6,465	5,969	-	5,772	5,767	5,868	-	5,897	5,716	5,726	-	-
Other Liabilities	6,650	6,793	7,038	6,865	7,056	7,068	7,261	7,056	6,807	7,265	7,350	11,841
Separate Accounts Liability	188,252	172,043	180,092	179,860	172,942	162,506	168,438	171,483	165,199	166,225	158,257	145,810
Common Stock Value Outstanding	5,619	5,602	5,592	5,574	5,545	4,703	4,674	4,660	4,641	4,624	4,605	4,591
Retained Earnings Accumulated Deficit	9,322	8,091	8,386	7,731	7,409	6,810	7,645	6,049	6,691	5,887	4,778	6,102
Accumulated Other Comprehensive Income Loss Net Of Tax	-4,578	-4,467	-4,058	-3,839	-4,392	-4,306	-5,036	-2,682	-4,369	-3,951	-3,476	-8,480
Stockholders Equity	11,349	10,212	10,906	10,452	9,548	8,193	8,269	9,013	7,949	7,546	6,893	3,199
Available For Sale Debt Securities Amortized Cost Basis	-	-	-	-	-	-	-	-	-	-	-	112,034
Debt Securities Available For Sale Allowance For Credit Loss	-	-	-	-	-	-	-	-	-	-	-	21
Liabilities And Stockholders Equity	429,797	406,161	417,204	415,275	399,065	382,898	390,831	396,840	384,533	383,381	372,413	338,411
Debt Securities Available For Sale Amortized Cost After Allowance For Credit Loss
Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss	103,761	103,424	101,462	98,632	98,529	97,795	97,415	97,688	97,723	97,546	97,433	-
Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest	139	111	110	97	85	74	46	48	39	21	19	21
Receivables Fair Value Disclosure
Loans Receivable Fair Value Disclosure	195	198	199	230	232	232	232	263	258	289	288	315
Preferred Stock Shares Authorized	10	10	10	10	10	10	10	10	10	10	10	10
Preferred Stock Shares Issued	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Shares Outstanding	0	0	0	0	0	0	0	0	0	0	0	0
Common Stock Shares Authorized	800	800	800	800	800	800	800	800	800	800	800	800
Common Stock Shares Issued	191	191	190	190	190	171	170	170	170	170	170	170
Shares Outstanding	191	191	190	190	190	171	170	170	170	170	170	170

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Recent filings

10-Q2026-06-30Filed 2026-07-30
10-Q2026-03-31Filed 2026-05-07
10-K2025-12-31Filed 2026-02-19
10-Q2025-09-30Filed 2025-10-30
10-Q2025-06-30Filed 2025-07-31
10-Q2025-03-31Filed 2025-05-08
10-K2024-12-31Filed 2025-02-21
10-Q2024-09-30Filed 2024-10-31
10-Q2024-06-30Filed 2024-08-01
10-Q2024-03-31Filed 2024-05-02
10-K2023-12-31Filed 2024-02-22
10-Q2023-09-30Filed 2023-11-02

Financial statements beyond 3 years are for subscribers only.

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LINCOLN NATIONAL CORP (LNC) — SEC Financial Statements & Analysis

LINCOLN NATIONAL CORP (LNC) is a life insurance company, incorporated in IN. LINCOLN NATIONAL CORP trades on NYSE as: LNC, LNC-PD. LINCOLN NATIONAL CORP (LNC)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-07-30. Based on that filing, LINCOLN NATIONAL CORP carries a market cap of $6.74B, a P/E ratio of 2.93x, a P/B ratio of 0.59x, a P/S ratio of 0.35x, an enterprise value of $3.44B, and an EV/EBITDA multiple of 1.24x. On profitability, it posts a gross margin of 59.26%, an operating margin of 14.68%, a net margin of 11.92%, a Return on Equity (ROE) of 22.04%, and a Return on Invested Capital (ROIC) of 27.26%. Per share, it reports EPS of $11.94, diluted EPS of $11.72, free cash flow per share of $-6.89, and a dividend per share of $1.78. Over the trailing year, it posted revenue growth of 7.91% year-over-year, net income growth of 102.91% year-over-year, and EPS growth of 86.40% year-over-year. On the balance sheet, it maintains an interest coverage ratio of 16.59x, free cash flow of $-1.33B (TTM), and net debt of $-3.30B. Figures sourced from SEC EDGAR.

Market Cap: $6.74B
P/E TTM: 2.93x
EPS TTM: $11.94
P/B TTM: 0.59x
ROE TTM: 22.04%
Free Cash Flow TTM: $-1.33B
Net Revenue TTM Growth 1Y: 7.91%

Data as of 2026-06-30 · Source: SEC EDGAR

Frequently Asked Questions

What industry is LINCOLN NATIONAL CORP in?

LINCOLN NATIONAL CORP (LNC) operates in the Life Insurance industry.

What exchange does LNC trade on?

LINCOLN NATIONAL CORP (LNC) trades on the NYSE.

Where is LINCOLN NATIONAL CORP incorporated?

LINCOLN NATIONAL CORP is incorporated in IN.

When was LINCOLN NATIONAL CORP (LNC)'s most recent SEC filing?

LINCOLN NATIONAL CORP (LNC)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-07-30.

What is LNC's market cap?

LINCOLN NATIONAL CORP (LNC) has a market capitalization of $6.74B as of 2026-06-30.

What is LNC's P/E ratio?

LINCOLN NATIONAL CORP (LNC)'s trailing twelve month P/E ratio is 2.93x as of 2026-06-30.

What is LNC's EPS (earnings per share)?

LINCOLN NATIONAL CORP (LNC)'s trailing twelve month EPS is $11.94 as of 2026-06-30.

What is LNC's ROE (return on equity)?

LINCOLN NATIONAL CORP (LNC)'s trailing twelve month Return on Equity (ROE) is 22.04% as of 2026-06-30.

What is LNC's ROIC (return on invested capital)?

LINCOLN NATIONAL CORP (LNC)'s trailing twelve month Return on Invested Capital (ROIC) is 27.26% as of 2026-06-30.

What is LNC's EV/EBITDA?

LINCOLN NATIONAL CORP (LNC)'s trailing twelve month EV/EBITDA is 1.24x as of 2026-06-30.

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LNC

Company Information

Insider Sentiment

Institutional Sentiment

Earnings Market Reaction

Recent filings

Recent filings

LINCOLN NATIONAL CORP (LNC) — SEC Financial Statements & Analysis

Frequently Asked Questions

Wall Street's data.Main Street's price.

Wall Street's data.
Main Street's price.