← LINCOLN NATIONAL CORP LNC
Market Price
$45.45
Market Cap
$8.66B
P/E Ratio
7.80
Revenue (FY 2025)
↓-1.2% YoY
$18.21B
3-Yr CAGR: -1.0%
Net Income
↓-64.1% YoY
$1.18B
Net Margin: 6.5%
Free Cash Flow
↑91.7% YoY
-$167.00M
FCF Yield: -1.93%
EPS (Diluted)
↓-68.3% YoY
$5.83
Basic: $5.94
Return on Equity
Efficiency
10.8%
ROA: 0.3%
📊 Multi-Year Historical Performance & Trends
Financial Performance History
Revenue, Net Income & Free Cash Flow
Margins Trend (%)
Gross, Operating & Net Margins
Balance Sheet Strength
Cash, Debt & Equity
Cash Flow Generation
Operating Cash Flow vs CapEx vs FCF
📈 Year-over-Year (YoY) Growth History (LNC)
All monetary values in millions ($M)| Fiscal Year | Revenue | Revenue YoY | Gross Profit | Net Income | Net Inc YoY | Diluted EPS | EPS YoY | Op. Cash Flow | Free Cash Flow | FCF YoY |
|---|---|---|---|---|---|---|---|---|---|---|
| FY 2016 | $13,330.0M | — | $8,307.0M | $1,192.0M | — | $5.03 | — | $1,272.0M | $1,272.0M | — |
| FY 2017 | $14,257.0M | +7.0% | $8,844.0M | $2,079.0M | +74.4% | $9.22 | +83.3% | $788.0M | $788.0M | -38.1% |
| FY 2018 | $1,343.0M | -90.6% | $1,343.0M | $1,641.0M | -21.1% | $7.40 | -19.7% | $1,943.0M | $1,943.0M | +146.6% |
| FY 2019 | $17,258.0M | +1,185.0% | $13,896.0M | $886.0M | -46.0% | $4.38 | -40.8% | $-2,686.0M | $-2,686.0M | -238.2% |
| FY 2020 | $17,439.0M | +1.0% | $13,699.0M | $499.0M | -43.7% | $2.56 | -41.6% | $534.0M | $534.0M | +119.9% |
| FY 2021 | $19,230.0M | +10.3% | $15,064.0M | $1,405.0M | +181.6% | $7.43 | +190.2% | $151.0M | $151.0M | -71.7% |
| FY 2022 | $18,766.0M | -2.4% | $14,639.0M | $-2,241.0M | -259.5% | $-13.19 | -277.5% | $3,609.0M | $3,609.0M | +2,290.1% |
| FY 2023 | $11,645.0M | -37.9% | $5,176.0M | $-752.0M | +66.4% | $-4.92 | +62.7% | $-2,074.0M | $-2,074.0M | -157.5% |
| FY 2024 | $18,442.0M | +58.4% | $10,188.0M | $3,275.0M | +535.5% | $18.41 | +474.2% | $-2,007.0M | $-2,007.0M | +3.2% |
| FY 2025 | $18,212.0M | -1.2% | $10,025.0M | $1,177.0M | -64.1% | $5.83 | -68.3% | $-167.0M | $-167.0M | +91.7% |
Valuation
Market Price
$45.45
Market Cap
$8.66B
Enterprise Value
$13.69B
P/E Ratio
7.80
P/B Ratio
0.80
FCF Yield
-1.93%
Dividend Yield
3.96%
Shares Outstanding
Profitability & Margins
Gross Margin
55.05%
Operating Margin
7.35%
Net Margin
6.46%
Return on Equity (ROE)
10.79%
Return on Assets (ROA)
0.28%
Asset Turnover
0.04x
Revenue 3-Yr CAGR
-0.99%
Financial Health & Liquidity
Current Ratio
N/A
Cash Ratio
N/A
Debt / Equity
0.611
Debt / Assets
0.016
Cash & Equivalents
$1.63B
Total Debt
$6.66B
Book Value / Share
$57.04
Cash Flow Efficiency
Operating Cash Flow
-$167.00M
Capital Expenditures (CapEx)
N/A
Free Cash Flow
-$167.00M
OCF / Revenue
-0.92%
FCF / Revenue
-0.92%
FCF 3-Yr CAGR
N/A
Per Share Metrics
EPS (Diluted)
$5.83
EPS (Basic)
$5.94
Dividends / Share
$1.80
Book Value / Share
$57.04
EPS YoY Growth
-68.33%
Balance Sheet (FY 2025)
Total Assets
$417.20B
Total Liabilities
$417.20B
Stockholders' Equity
$10.91B
Current Assets
N/A
Current Liabilities
N/A