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Lincoln National Corp.

Company price
40.2295 GBX 1.13 ( 2.89%)
Last update at 2026-10-27T16:26:00Z
VOLUME
2
Market Cap
713888.41M
P/E
0.05

Momentum Score

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Lincoln National Corporation, through its subsidiaries, operates multiple insurance and retirement businesses in the United States. It operates through four segments: Life Insurance, Annuities, Group Protection, and Retirement Plan Services. The Life Insurance segment provides life insurance products, including term insurance, universal life insurance (UL), indexed universal life insurance, variable universal life insurance (VUL), linked-benefit UL and VUL products, and critical illness and long-term care riders. Its Annuities segment offers variable, fixed, and registered index-linked annuities. The Group Protection segment offers group nonmedical insurance products consisting of short and long-term disability and administration services, statutory disability; paid family medical leave administration and absence management services; term life; life; supplemental health insurance; accident, critical illness, and hospital indemnity benefits and dental and vision products to the employer marketplace through various forms of employee-paid and employer-paid plans. Its Retirement Plan Services segment provides employers with retirement plan products and services primarily in the defined contribution retirement plan marketplace; individual and group variable annuities, group fixed annuities, and mutual fund-based programs; and various plan services, including plan recordkeeping, compliance testing, participant education, and trust and custodial services. It distributes its products through consultants, brokers, planners, agents, financial advisors, third-party administrators, financial institutions, and other intermediaries. Lincoln National Corporation was founded in 1905 and is headquartered in Radnor, Pennsylvania.

Source: TradingView
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Day Price Range
40.01
Low
40.23
High
52 Week Price Range
28.74
Low
46.28
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Lincoln National Corporation is a U.S.-based life insurer that offers retirement products, annuities, group protection and wealth-management services to individuals and institutions. An aging population, sustained demand for retirement solutions, growth in fee-based revenue and potential benefit from higher interest rates could support long-term earnings and cash-flow stability, which may appeal to investors seeking exposure to insurance-based income streams.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
39.10
Dividend Yield
5.17%
Revenue TTM
18269.00M
Revenue Per Share
100.01
Gross Profit TTM
4425.00M
Debt / Equity
0.60
ROE
12.28%
Net Debt
-3136.00M
ROCE
0.35%
Diluted EPS TTM
6.94

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 1338.00M 4022.00M -1148.00M -2830.00M 2249.00M
Net income 1177.00M 3275.00M -752.00M -2241.00M 1887.00M
Selling general administrative - 2738.00M 2543.00M - -
Selling and marketing expenses - 219.00M 526.00M - -
Gross profit 10443.00M 17968.00M 11645.00M 18766.00M 19862.00M
Ebit - - -438.00M -1652.00M 2249.00M
Ebitda 1565.00M 4358.00M 2642.00M 94.00M -357.00M
Depreciation and amortization - - 3080.00M 1746.00M -2606.00M
Operating income 1338.00M 3816.00M 11645.00M -1746.00M 2606.00M
Other operating expenses 16874.00M 16911.00M 3069.00M 21313.00M 17343.00M
Interest expense 227.00M 336.00M 331.00M - 0.00M
Tax provision - - - - 233.00M
Interest income - - - - 270.00M
Income tax expense 161.00M 747.00M -396.00M 589.00M 362.00M
Total revenue 18212.00M 20727.00M 11645.00M 18766.00M 19862.00M
Total operating expenses 9105.00M 2957.00M 3069.00M 21313.00M 17343.00M
Cost of revenue 7769.00M 20727.00M 2378.00M - -
Total other income expense net - 206.00M -12793.00M -1084.00M -357.00M
Net income applicable to common shares - - - -2227.00M 1405.00M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 417204.00M 366459.00M 346029.00M 335108.00M 386945.00M
Intangible assets 1013.00M 977.00M 12686.00M 14108.00M 6640.00M
Other current assets - 10417.00M 5339.00M 31038.00M 34468.00M
Total liab 406298.00M 358190.00M 339136.00M 7166.00M 7150.00M
Total stockholder equity 10687.00M 8269.00M 6893.00M 4569.00M 20754.00M
Deferred long term liab - - - 215.00M 203.00M
Other current liab -426.00M -18623.00M -21738.00M 4783.00M 6337.00M
Common stock 5592.00M 4674.00M 4605.00M 4544.00M 4735.00M
Retained earnings 8386.00M 7645.00M 4778.00M 6707.00M 9578.00M
Other liab - - - 312098.00M 344512.00M
Good will 1144.00M 1144.00M 1144.00M 1144.00M 1778.00M
Other assets - 356042.00M -31723.00M 316359.00M 375731.00M
Cash 9502.00M 5801.00M 3365.00M 3343.00M 2612.00M
Total current liabilities - -18294.00M -21376.00M 11940.00M 15153.00M
Net debt -3136.00M 444.00M 3399.00M -3343.00M -2612.00M
Short term debt 426.00M 329.00M 250.00M - -
Short long term debt total 6366.00M 6245.00M 6764.00M - 6325.00M
Other stockholder equity - - - -7668.00M 6441.00M
Property plant equipment - - - 154.00M 184.00M
Total current assets 9502.00M 5801.00M 8704.00M 3343.00M 2612.00M
Net tangible assets - - - 1933.00M 18449.00M
Short term investments - - 4257.00M - -
Net receivables - - - - 580.00M
Long term debt - - - - 6325.00M
Accounts payable - - - 6531.00M 8398.00M
Accumulated other comprehensive income -4277.00M -5036.00M -3476.00M - -
Non currrent assets other 86545.00M 353470.00M 343606.00M -15406.00M -8602.00M
Non current assets total 407702.00M 360658.00M 369048.00M 15406.00M 8602.00M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - - - -7281.00M -5384.00M
Change to liabilities - - - 0.00M 0.00M
Total cashflows from investing activities -4013.00M 821.00M -3334.00M -11643.00M -3567.00M
Net borrowings - - - -74.00M -59.00M
Total cash from financing activities 7881.00M 3622.00M 5430.00M 8341.00M 4320.00M
Change to operating activities - - - 5915.00M -1234.00M
Net income 1177.00M 3275.00M -752.00M -2241.00M 1887.00M
Change in cash 3701.00M 2436.00M 22.00M 731.00M 904.00M
Begin period cash flow 5801.00M 3365.00M 3343.00M 2612.00M 1708.00M
End period cash flow 9502.00M 5801.00M 3365.00M 3343.00M 2612.00M
Total cash from operating activities -167.00M -2007.00M -2074.00M 4036.00M 168.00M
Depreciation - - 9.00M 27.00M 42.00M
Other cashflows from investing activities 116.00M -304.00M -310.00M -4119.00M 2958.00M
Dividends paid 416.00M 398.00M 387.00M 310.00M 319.00M
Change to account receivables - - - -54.00M -93.00M
Sale purchase of stock - -5.00M -7.00M -550.00M -1105.00M
Other cashflows from financing activities 7284.00M 3796.00M 6403.00M 9571.00M 5803.00M
Change to netincome - - - 806.00M -106.00M
Capital expenditures 0.00M 0.00M 0.00M 0.00M 0.00M
Change in working capital -2044.00M -2679.00M -2931.00M -54.00M -93.00M
Stock based compensation - - 85.00M 47.00M 93.00M
Other non cash items 700.00M -2603.00M 1678.00M 6257.00M -1761.00M
Free cash flow -167.00M -2007.00M -2074.00M 4036.00M 168.00M

Peer Comparison*

Sector: Industry:

Stock Name
Change
(GBX)
Price
(GBX)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
0JV3
Lincoln National Corp.
1.13
2.89%
40.23 0.05 - 0.39 -
0R15
SoftBank Group Corp.
248.00
5.84%
4494.00 - - - -
0R1E
Nintendo Co. Ltd.
-115.00
1.34%
8476.00 - - - -
0LC3
Synchrony Financial
2.34
3.20%
75.60 0.09 - 4.97 -
0HQP
CBRE Group Inc. Cl A
0.15
0.12%
122.47 0.25 - 1.18 -

Profile*

Lincoln National Corp.

Lincoln National Corporation, through its subsidiaries, operates multiple insurance and retirement businesses in the United States. It operates through four segments: Life Insurance, Annuities, Group Protection, and Retirement Plan Services. The Life Insurance segment provides life insurance products, including term insurance, universal life insurance (UL), indexed universal life insurance, variable universal life insurance (VUL), linked-benefit UL and VUL products, and critical illness and long-term care riders. Its Annuities segment offers variable, fixed, and registered index-linked annuities. The Group Protection segment offers group nonmedical insurance products consisting of short and long-term disability and administration services, statutory disability; paid family medical leave administration and absence management services; term life; life; supplemental health insurance; accident, critical illness, and hospital indemnity benefits and dental and vision products to the employer marketplace through various forms of employee-paid and employer-paid plans. Its Retirement Plan Services segment provides employers with retirement plan products and services primarily in the defined contribution retirement plan marketplace; individual and group variable annuities, group fixed annuities, and mutual fund-based programs; and various plan services, including plan recordkeeping, compliance testing, participant education, and trust and custodial services. It distributes its products through consultants, brokers, planners, agents, financial advisors, third-party administrators, financial institutions, and other intermediaries. Lincoln National Corporation was founded in 1905 and is headquartered in Radnor, Pennsylvania.

150 North Radnor-Chester Road, Radnor, PA, United States, 19087

484 583 1400

9423

Name Title Year Born
Ms. Ellen Gail Cooper C.F.A., F.S.A. Pres, CEO & Director 1964
Mr. Randal Jay Freitag FSA Exec. VP, CFO & Head of Individual Life 1963
Mr. Kenneth Steven Solon Exec. VP, Chief Information Officer and Head of Digital, IT & Enterprise Services 1961
Mr. Jayson Reagan Bronchetti C.A.I.A., C.F.A. Exec. VP, Chief Investment Officer and Head of Risk & Sustainability 1979
Mr. Adam Cohen Chief Accounting Officer NA
Ms. Lucy Denise Gase Sr. VP and Head of Admin. Services & Strategic Support NA
Mr. Al Copersino VP & Head of Investor Relations NA
Mr. Steve Harris Chief Ethics & Compliance Officer and Sr. VP NA
Mr. Craig Todd Beazer Exec. VP & Gen. Counsel 1968
Ms. Kristen Phillips Head of Corp. Marketing and Enterprise Communications NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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