Lincoln National Corporation (LNC)

Lincoln National Statistics

Total Valuation

LNC has a market cap or net worth of $5.98 billion. The enterprise value is $10.43 billion.

Market Cap	5.98B
Enterprise Value	10.43B

Important Dates

The last earnings date was Thursday, May 8, 2025, before market open.

Earnings Date	May 8, 2025
Ex-Dividend Date	Apr 10, 2025

Share Statistics

LNC has 170.73 million shares outstanding. The number of shares has increased by 1.63% in one year.

Current Share Class	170.73M
Shares Outstanding	170.73M
Shares Change (YoY)	+1.63%
Shares Change (QoQ)	-1.55%
Owned by Insiders (%)	0.31%
Owned by Institutions (%)	75.48%
Float	170.02M

Valuation Ratios

The trailing PE ratio is 4.88 and the forward PE ratio is 4.82.

PE Ratio	4.88
Forward PE	4.82
PS Ratio	0.32
Forward PS	0.31
PB Ratio	0.83
P/TBV Ratio	0.99
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	8.41
EV / Sales	0.56
EV / EBITDA	n/a
EV / EBIT	6.38
EV / FCF	n/a

Financial Position

The company has a current ratio of 2.30, with a Debt / Equity ratio of 1.07.

Current Ratio	2.30
Quick Ratio	1.14
Debt / Equity	1.07
Debt / EBITDA	5.23
Debt / FCF	n/a
Interest Coverage	4.88

Financial Efficiency

Return on equity (ROE) is 16.91% and return on invested capital (ROIC) is 6.42%.

Return on Equity (ROE)	16.91%
Return on Assets (ROA)	0.27%
Return on Invested Capital (ROIC)	6.42%
Return on Capital Employed (ROCE)	0.47%
Revenue Per Employee	$1.90M
Profits Per Employee	$126,750
Employee Count	9,783
Asset Turnover	0.05
Inventory Turnover	n/a

Taxes

In the past 12 months, LNC has paid $214.00 million in taxes.

Income Tax	214.00M
Effective Tax Rate	13.85%

Stock Price Statistics

The stock price has increased by +19.41% in the last 52 weeks. The beta is 1.42, so LNC's price volatility has been higher than the market average.

Beta (5Y)	1.42
52-Week Price Change	+19.41%
50-Day Moving Average	33.72
200-Day Moving Average	33.20
Relative Strength Index (RSI)	60.94
Average Volume (20 Days)	2,006,333

Short Selling Information

The latest short interest is 5.68 million, so 3.33% of the outstanding shares have been sold short.

Short Interest	5.68M
Short Previous Month	4.56M
Short % of Shares Out	3.33%
Short % of Float	3.34%
Short Ratio (days to cover)	2.32

Income Statement

In the last 12 months, LNC had revenue of $18.54 billion and earned $1.24 billion in profits. Earnings per share was $7.17.

Revenue	18.54B
Gross Profit	5.29B
Operating Income	1.63B
Pretax Income	2.51B
Net Income	1.24B
EBITDA	n/a
EBIT	1.63B
Earnings Per Share (EPS)	$7.17

Balance Sheet

The company has $37.80 billion in cash and $8.74 billion in debt, giving a net cash position of -$4.45 billion or -$26.08 per share.

Cash & Cash Equivalents	37.80B
Total Debt	8.74B
Net Cash	-4.45B
Net Cash Per Share	-$26.08
Equity (Book Value)	8.19B
Book Value Per Share	42.22
Working Capital	43.32B

Cash Flow

Operating Cash Flow	-936.00M
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is 28.53%, with operating and profit margins of 8.81% and 7.18%.

Gross Margin	28.53%
Operating Margin	8.81%
Pretax Margin	8.33%
Profit Margin	7.18%
EBITDA Margin	n/a
EBIT Margin	8.81%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of $1.80, which amounts to a dividend yield of 5.14%.

Dividend Per Share	$1.80
Dividend Yield	5.14%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	25.10%
Buyback Yield	-1.63%
Shareholder Yield	3.51%
Earnings Yield	20.75%
FCF Yield	n/a

Analyst Forecast

The average price target for LNC is $36.27, which is 3.63% higher than the current price. The consensus rating is "Hold".

Price Target	$36.27
Price Target Difference	3.63%
Analyst Consensus	Hold
Analyst Count	11
Revenue Growth Forecast (5Y)	4.83%
EPS Growth Forecast (5Y)	-13.94%

Stock Splits

The last stock split was on June 22, 1999. It was a forward split with a ratio of 2:1.

Last Split Date	Jun 22, 1999
Split Type	Forward
Split Ratio	2:1

Scores

Altman Z-Score	n/a
Piotroski F-Score	3