Inside the research

Lincoln National Corporation

LNC Research profile · latest available data

Price overview

$41.69

▲ +0.30 (+0.7%)

52w hi$47.00
52w lo$31.80
Vol1.12M
As of25 Sep 2026

The Verdict

Hold

Our score +0.40

Short+0.23
Medium+0.44
Long+0.65

computed 2026-09-27

Key fundamentals

Lincoln National Corporation

Financial Services · Insurance - Life

Market cap$7.98B
Enterprise value-$29.34B
Trailing P/E3.51x
Forward P/E4.79x
P / S (ttm)0.41x
Profit margin12.2%
Return on equity22.6%
Revenue growth+12.6%
Earnings growth+76.8%
Debt / equity63.80

Layer Breakdown

LayerRawContribution
Fundamental+0.44
Sector+0.02
Technical+0.20
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-09-27

Business overview

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.

United States · www.lincolnfinancial.com

Risk Metrics

Beta vs SPX1.38
Corr SPX0.58
Annual vol37.9%
Annual ret+20.5%
Sharpe0.54
Max DD-29.9%

Window: 504 trading days (504 obs)

Material Events

DateEvent8-K
2026-08-10Officer / Director Change, Reg FD Disclosure…read
2026-07-30Earnings Release, Reg FD Disclosure…read
2026-06-29Other Material Event, Exhibitsread
2026-06-01Shareholder Voteread
2026-05-07Earnings Release, Reg FD Disclosure…read
2026-04-16Officer / Director Changeread
2026-03-31Material Agreement, Exhibitsread
2026-02-12Earnings Release, Reg FD Disclosure…read
2025-11-10Other Material Event, Exhibitsread
2025-10-30Earnings Release, Reg FD Disclosure…read
2025-07-31Earnings Release, Reg FD Disclosure…read
2025-05-27Other Material Event, Exhibitsread

Dividends

Yield (TTM)3.24%
$ / share (TTM)$1.35
5y CAGR+2.4%

Annual dividend per share

2021$1.68
2022$1.80
2023$1.80
2024$1.80
2025$1.80
2026$0.90

SEC Filings

DateFormDoc
2026-08-144view
2026-08-114view
2026-08-1013F-HRview
2026-08-108-Kview
2026-07-3010-Qview
2026-07-308-Kview
2026-07-024view
2026-07-024view
2026-07-024view
2026-07-024view
2026-07-024view
2026-07-024view
2026-07-024view
2026-07-024view
2026-07-024view

The Long Run

FY 2009–2025 · 17 years

LineLatestCAGRTrend
Revenue$11.64B+2.0%
Net income-$752.00M+25.4%
Cash from ops-$2.01B+4.5%

Indices

S&P SmallCap 600

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$41.79$41.99$41.18$41.691.12M
Sep 24$41.05$41.54$40.78$41.391.60M
Sep 23$40.75$41.61$40.72$41.081.52M
Sep 22$42.01$42.02$40.59$41.011.88M
Sep 21$42.60$42.68$41.63$41.681.77M

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