Lincoln National Corporation (LNC)
NYSE: LNC · Real-Time Price · USD
40.57
-0.41 (-1.00%)
At close: Aug 15, 2025, 4:00 PM
40.57
0.00 (0.00%)
After-hours: Aug 15, 2025, 7:00 PM EDT

Lincoln National Statistics

Total Valuation

LNC has a market cap or net worth of $7.69 billion. The enterprise value is $9.67 billion.

Market Cap 7.69B
Enterprise Value 9.67B

Important Dates

The last earnings date was Thursday, July 31, 2025, before market open.

Earnings Date Jul 31, 2025
Ex-Dividend Date Jul 10, 2025

Share Statistics

LNC has 189.58 million shares outstanding. The number of shares has increased by 1.77% in one year.

Current Share Class 189.58M
Shares Outstanding 189.58M
Shares Change (YoY) +1.77%
Shares Change (QoQ) +5.40%
Owned by Insiders (%) 0.37%
Owned by Institutions (%) 71.48%
Float 169.94M

Valuation Ratios

The trailing PE ratio is 6.76 and the forward PE ratio is 5.40.

PE Ratio 6.76
Forward PE 5.40
PS Ratio 0.39
Forward PS 0.39
PB Ratio 0.90
P/TBV Ratio 1.04
P/FCF Ratio n/a
P/OCF Ratio 8.22
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 9.25
EV / Sales 0.54
EV / EBITDA n/a
EV / EBIT 9.00
EV / FCF n/a

Financial Position

The company has a current ratio of 2.28, with a Debt / Equity ratio of 0.96.

Current Ratio 2.28
Quick Ratio 1.18
Debt / Equity 0.96
Debt / EBITDA 8.22
Debt / FCF n/a
Interest Coverage 4.55

Financial Efficiency

Return on equity (ROE) is 12.99% and return on invested capital (ROIC) is 3.73%.

Return on Equity (ROE) 12.99%
Return on Assets (ROA) 0.17%
Return on Invested Capital (ROIC) 3.73%
Return on Capital Employed (ROCE) 0.30%
Revenue Per Employee $1.84M
Profits Per Employee $106,818
Employee Count 9,783
Asset Turnover 0.05
Inventory Turnover n/a

Taxes

In the past 12 months, LNC has paid $160.00 million in taxes.

Income Tax 160.00M
Effective Tax Rate 12.35%

Stock Price Statistics

The stock price has increased by +37.25% in the last 52 weeks. The beta is 1.43, so LNC's price volatility has been higher than the market average.

Beta (5Y) 1.43
52-Week Price Change +37.25%
50-Day Moving Average 35.18
200-Day Moving Average 34.35
Relative Strength Index (RSI) 68.46
Average Volume (20 Days) 2,286,575

Short Selling Information

The latest short interest is 6.73 million, so 3.55% of the outstanding shares have been sold short.

Short Interest 6.73M
Short Previous Month 6.12M
Short % of Shares Out 3.55%
Short % of Float 3.96%
Short Ratio (days to cover) 3.19

Income Statement

In the last 12 months, LNC had revenue of $18.04 billion and earned $1.05 billion in profits. Earnings per share was $6.00.

Revenue 18.04B
Gross Profit 4.75B
Operating Income 1.07B
Pretax Income 2.51B
Net Income 1.05B
EBITDA n/a
EBIT 1.07B
Earnings Per Share (EPS) $6.00
Full Income Statement

Balance Sheet

The company has $41.53 billion in cash and $9.12 billion in debt, giving a net cash position of -$1.98 billion or -$10.43 per share.

Cash & Cash Equivalents 41.53B
Total Debt 9.12B
Net Cash -1.98B
Net Cash Per Share -$10.43
Equity (Book Value) 9.55B
Book Value Per Share 45.17
Working Capital 45.37B
Full Balance Sheet

Cash Flow

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

Margins

Gross margin is 26.32%, with operating and profit margins of 5.95% and 6.30%.

Gross Margin 26.32%
Operating Margin 5.95%
Pretax Margin 7.19%
Profit Margin 6.30%
EBITDA Margin n/a
EBIT Margin 5.95%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $1.80, which amounts to a dividend yield of 4.39%.

Dividend Per Share $1.80
Dividend Yield 4.39%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 29.98%
Buyback Yield -1.77%
Shareholder Yield 2.67%
Earnings Yield 13.59%
FCF Yield n/a
Dividend Details

Analyst Forecast

The average price target for LNC is $39.22, which is -3.33% lower than the current price. The consensus rating is "Hold".

Price Target $39.22
Price Target Difference -3.33%
Analyst Consensus Hold
Analyst Count 9
Revenue Growth Forecast (5Y) 4.10%
EPS Growth Forecast (5Y) -15.72%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

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 4