Stock Fundamentals

Company Information

Company Name
Lincoln National Corporation
Sector
Financial Services
Industry
Insurance - Life
Exchange
NYSE
ISIN: US5341871094
CIK: 0000059558
CUSIP: 534187109
Currency: USD
Full Time Employees: 9,423
Phone: 484 583 1400
Fiscal Year End: December
IPO Date: Oct 05, 1984
Description:

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.

Address:

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

Directors & Officers

Name Title Year Born
Ms. Ellen R. Gail Cooper C.F.A., F.S.A. Chairman, President & CEO 1964
Mr. Christopher Michael Neczypor Executive VP & CFO 1980
Mr. Sean Nigel Woodroffe Executive VP and Chief People, Communications & Enterprise Services Officer 1964
Mr. James Waltman Reid Executive VP & President of Workplace Solutions 1966
Mr. John G. Morriss Executive VP & Chief Investment Officer NA
Mr. Adam Maxwell Cohen Senior VP, Treasurer & Chief Accounting Officer NA
Mr. Thomas David Anfuso Senior VP & CTO NA
Ms. Jennifer Elisa Charters Executive VP & Chief Information Officer 1973
Ms. Lucy Denise Gase Senior VP and Head of Administrative Services & Strategic Support NA
Mr. John Muething VP of Financial Planning & Analysis and Head of Investor Relations NA

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Mar 09, 2026 Sean Woodroffe N/A Sale 8.00K $32.74 $261.92K
Mar 02, 2026 Sean Woodroffe N/A Sale 10.00K $34.46 $344.60K
Feb 25, 2026 National Life Insuranc Lincoln N/A Purchase 2.25M $11.09 $25.00M
Feb 18, 2026 James Waltman Reid N/A Sale 3.05K $41.81 $127.52K
Dec 19, 2025 National Life Insuranc Lincoln N/A Purchase 2.30M $10.87 $25.00M
Dec 10, 2025 John Christopher Kennedy N/A Sale 3.52K $44.15 $155.36K
Nov 12, 2025 Owen Ryan N/A Purchase 2.00K $42.17 $84.34K
Aug 07, 2025 John Christopher Kennedy N/A Sale 5.00K $39.29 $196.45K
Jul 03, 2025 Ro Khanna N/A Purchase N/A $34.77 N/A
Jun 17, 2025 Lisa C. McClain N/A Sale N/A $32.85 N/A
Jun 11, 2025 Lisa C. McClain N/A Purchase N/A $33.07 N/A
May 29, 2025 Brian Kroll N/A Sale 10.08K $33.10 $333.48K
May 27, 2025 Sean Woodroffe N/A Sale 43.62K $32.78 $1.43M

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
Vanguard Group Inc 19.74M Dec 31, 2025 10.32% $0.01 -0.82%
Bain Capital Prairie, LLC 18.76M Mar 31, 2026 9.81% $100.00 0.00%
BlackRock Inc 18.50M Mar 31, 2026 9.67% $0.01 -0.29%
Vanguard Portfolio Management, LLC 10.41M Mar 31, 2026 5.44% $0.02 0.00%
Vanguard Capital Management, LLC 8.27M Mar 31, 2026 4.33% $0.01 0.00%
Dimensional Fund Advisors, Inc. 7.76M Mar 31, 2026 4.06% $0.06 24.42%
State Street Corp 5.89M Mar 31, 2026 3.08% $0.01 -0.08%
Massachusetts Financial Services Company 5.88M Mar 31, 2026 3.08% $0.07 -0.11%
T. Rowe Price Associates, Inc. 4.43M Mar 31, 2026 2.32% $0.02 -14.98%
Jennison Associates LLC 3.82M Mar 31, 2026 2.00% $0.09 3.86%
Morgan Stanley - Brokerage Accounts 3.69M Mar 31, 2026 1.93% $0.01 -9.11%
Geode Capital Management, LLC 3.16M Mar 31, 2026 1.65% $0.01 6.75%
LSV Asset Management 2.56M Mar 31, 2026 1.34% $0.20 -0.50%
Principal Financial Group Inc 2.28M Mar 31, 2026 1.19% $0.04 -1.37%
NORGES BANK 2.27M Dec 31, 2025 1.19% $0.01 -10.07%
Charles Schwab Investment Management Inc 2.14M Mar 31, 2026 1.12% $0.01 2.78%
First Trust Advisors L.P. 2.13M Mar 31, 2026 1.11% $0.05 -55.51%
Balyasny Asset Management LLC 2.09M Mar 31, 2026 1.09% $0.10 7.32%
Northern Trust Corp 1.85M Mar 31, 2026 0.97% $0.01 -4.67%
Jupiter Asset Management Limited 1.80M Mar 31, 2026 0.94% $0.34 151.06%

Shares Statistics

Shares Outstanding: 191.21M
Shares Float: 171.27M
% Insiders: 34.30%
% Institutions: 8,443.70%
Short % Float: 0.01%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 iShares Core S&P Small-Cap ETF 10.26M 5.36% ▲ 0.00% May 29, 2026
2 Vanguard Total Stock Mkt Idx Inv 6.07M 3.17% ▲ 0.24% Apr 30, 2026
3 Vanguard Small Cap Index 4.38M 2.29% ▼ 0.25% Apr 30, 2026
4 Vanguard Small Cap Value Index Inv 2.81M 1.47% ▲ 0.76% Apr 30, 2026
5 MFS Mid Cap Value Equity 2.77M 1.45% ▼ 4.14% Mar 31, 2026
6 MFS Mid Cap Value A 2.77M 1.45% ▲ 0.00% Apr 30, 2026
7 iShares Select Dividend ETF 2.72M 1.42% ▲ 0.00% May 29, 2026
8 T. Rowe Price US Mid-Cap Value Equity 2.30M 1.20% ▼ 18.88% Mar 31, 2026
9 T. Rowe Price Mid-Cap Value 2.30M 1.20% ▼ 0.07% Apr 30, 2026
10 Vanguard Institutional Extnd Mkt Idx Tr 1.91M 1.00% ▲ 0.93% Apr 30, 2026

Valuation Metrics

Enterprise Value: $7.14B
Trailing P/E: 4.08
Forward P/E: 4.08

Financial Highlights

Market Cap: $7.13B
EBITDA: $1.21B
P/E Ratio: $4.08
PEG Ratio: $1.01
Book Value: $48.25
Dividend/Share: $1.80
Dividend Yield: 4.92%
Earnings/Share: $9.14
Profit Margin: 9.17%
Operating Margin: -4.07%
ROA (TTM): 0.28%
ROE (TTM): 18.77%
Revenue (TTM): $18.83B
Revenue/Share (TTM): $100.26
Earnings Growth (YOY): -60.70%
Revenue Growth (YOY): 12.50%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Earnings Per Share (EPS) History

Financial Ratios

Balance Sheet (Yearly)

Financial Ratios

Date Current Ratio Debt/Equity Debt/Assets Interest Coverage Debt/EBITDA
2025-12-31 0.47x 0.57x 0.97x 5.89x 4.00x
2024-12-31 3.22x 0.77x 0.98x 11.97x 1.43x
2023-12-31 -0.16x 0.86x 0.98x -3.47x -7.70x
2022-12-31 163.95x 1.27x 0.98x -9.93x 1.01x
2021-12-31 474.11x 0.34x 0.95x 17.20x 1.39x
2020-12-31 -14.00x 0.02x 0.02x 1.49x 11.93x
2019-12-31 417.91x 0.42x 0.94x 2.82x 6.43x
2018-12-31 0.43x 0.53x 0.95x 7.35x 3.46x
2017-12-31 0.45x 0.41x 0.94x 4.47x 5.12x
2016-12-31 0.46x 0.51x 0.94x 4.40x 4.08x
2015-12-31 0.46x 0.91x 0.95x 5.26x 7.24x
2014-12-31 0.46x 0.40x 0.94x 7.48x 2.77x
2013-12-31 0.45x 0.50x 0.94x 6.15x 3.52x
2012-12-31 0.43x 0.44x 0.93x 5.74x 3.57x
2011-12-31 0.44x 0.40x 0.93x 1.71x 7.10x
2010-12-31 0.40x 0.54x 0.93x 3.90x 4.82x
2009-12-31 1.09x 0.46x 0.93x -2.64x -13.50x
2008-12-31 1.06x 0.70x 0.95x -0.49x 81.56x
2007-12-31 1.07x 0.44x 0.94x 6.60x 2.49x
2006-12-31 1.07x 0.34x 0.93x 7.94x 2.00x
2005-12-31 -17.79x 0.18x 0.95x 12.36x 0.96x
2004-12-31 -22.11x 0.26x 0.94x 10.31x 1.21x
2003-12-31 -26.07x 0.20x 0.94x 11.02x 1.01x
2002-12-31 -30.98x 0.24x 0.94x 29.62x 6.26x
2001-12-31 1.07x 0.23x 0.94x 35.07x 3.79x
2000-12-31 0.03x 0.21x 0.94x 31.45x 2.72x
1999-12-31 0.07x 0.11x 0.95x 4.26x 0.53x
1998-12-31 0.07x 0.06x 0.93x 5.96x 0.33x
1997-12-31 0.10x 0.06x 0.93x 0.38x 1.11x
1996-12-31 0.07x 0.04x 0.93x 5.95x 0.29x
1995-12-31 0.09x 0.10x 0.93x 8.64x 0.55x
1994-12-31 0.09x 0.09x 0.94x 7.60x 0.57x
1993-12-31 1.20x 0.12x 0.92x 140.32x 4.87x
1992-12-31 1.83x 0.15x 0.93x 113.85x 3.81x
1991-12-31 1.37x 0.24x 0.92x 99.47x 5.13x
1990-12-31 2.71x 0.16x 0.91x 90.54x 3.39x
1989-12-31 1.71x 0.20x 0.90x 72.76x 3.83x
1988-12-31 N/A 0.00x 0.02x 3.72x 0.00x
1987-12-31 N/A 0.00x 0.02x 5.75x 0.00x
1986-12-31 N/A 0.00x 0.01x 9.04x 0.00x
1985-12-31 N/A 0.00x 0.02x 9.52x 0.00x

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