LNC · Lincoln National Corp.
Lincoln National Corp (LNC)
What's happening
- LNC is up 2.16% today, trading at $40.40. — Live quote
- Volume today (104,069) is well below its 3-month average of 1,970,920. (Finnhub fundamentals)
- Reports earnings on 2026-11-05 (before market open), 14 days away. (Finnhub earnings calendar)
- Last quarter's EPS beat estimates: $2.24 actual vs. $1.98 estimated (+13.2%). (Finnhub earnings history)
Deterministic template sentences filled in from the same sourced figures shown elsewhere on this page -- not an AI-written summary, no live model call.
Key Statistics
Analyst Recommendations
Aggregate ratings for 2026-10-01 (19 analysts polled by Finnhub) — consensus count.
Performance Overview (Trailing returns vs S&P 500 benchmark)
Earnings Trends (Quarterly EPS Actual vs Estimate)
Valuation Measures & Ratios
Quarterly history (5 periods)
| Measure | Jun '26 | Mar '26 | Sep '25 | Jun '25 | Mar '25 |
|---|---|---|---|---|---|
| Market cap | $6.85B | $5.36B | $7.99B | $5.93B | $5.40B |
| P/E | 2.97 | 21.43 | -75.41 | 17.25 | 6.23 |
| Price/Sales | 0.37 | 0.29 | 0.46 | 0.33 | 0.30 |
| Price/Book | 0.60 | 0.52 | 0.76 | 0.62 | 0.66 |
| EV/Revenue | 0.74 | 0.63 | 0.79 | 0.65 | 0.62 |
| ROE | 20.30% | 2.45% | -1.01% | 3.60% | 10.58% |
| ROA | 0.54% | 0.06% | -0.03% | 0.09% | 0.23% |
Trailing-twelve-month ratios computed from SEC EDGAR quarterly figures and historical daily close prices (Alpaca). Diluted shares are derived from Net income ÷ EPS (diluted) for each quarter, not separately reported. Forward P/E/PEG unavailable (no free data source).
Glossary — what these abbreviations mean
- 1. TTM
- Trailing twelve months — the sum of the last four reported quarters, not a calendar year or the single latest quarter.
- 2. EPS
- Earnings per share — net income divided by diluted shares outstanding.
- 3. Beta
- A stock's historical volatility relative to the overall market. Above 1 means it has moved more than the market; below 1, less.
- 4. EV (Enterprise Value)
- Market cap plus total debt minus cash — roughly what it would cost to buy the whole company, debt included.
- 5. Forward P/E
- Price divided by analysts' estimated earnings for the next 12 months, instead of trailing actual earnings.
- 6. PEG Ratio
- P/E divided by expected earnings growth rate. A lower number can indicate a stock is cheap relative to how fast it's expected to grow.
- 7. Price / Book
- Share price divided by book value (assets minus liabilities) per share.
- 8. ROE
- Return on equity — net income divided by shareholders' equity, a measure of how efficiently a company turns equity into profit.
- 9. ROA
- Return on assets — net income divided by total assets, a measure of how efficiently a company turns assets into profit.
- 10. MRQ
- Most recent quarter — the single latest reported period, as opposed to TTM. The Financials section's "Quarterly" view below shows MRQ-style figures.
- 11. YoY
- Year over year — percent change versus the same period one year earlier, used for growth figures like those on Compare cards and the Screener.
Short Interest
Source: FINRA Rule 4560 consolidated short interest, settlement date 2026-09-30. Reported bi-monthly with a reporting lag — not real-time.
Quotes and the 1-day extended-hours chart: Yahoo Finance. Longer historical charts: Alpaca (IEX feed) — real-time but IEX-only volume (~2.5% of consolidated market volume). Fundamentals + earnings: Finnhub.
Price history
Drag horizontally to zoom into a section; use Reset view to restore all observations.
Technical signal summary
Calculating from the latest year of daily price history…
Show Technical Analysis Breakdown ▾ 10 Indicators
Not investment advice — read several signals together.
Indicators None active
History limited by data provider; markers are heuristics, not signals.
Peer and sector context
Balanced evidence
A deterministic summary of sourced facts—not an AI verdict.
Potential strengths
- Revenue growth is 20.4% on the provider's reported measure. Finnhub fundamentals ↗
- Net profit margin is 11.5%. Finnhub fundamentals ↗
- Trailing 52-week price return is +1.7%. Finnhub market metrics ↗
Potential concerns
- Latest SEC filing is Form 4, filed 2026-10-02; review it for current changes and risks. SEC EDGAR ↗
Rule-based facts only; absence from either side is not evidence, and this is not a recommendation.
More on LNC
No accessible free API for these — links go to the source directly.
Financials
Fundamental trends
Visualized from the same SEC figures in the tables below.
Income statement
| Line item | Jun '26 | Mar '26 | Sep '25 | Jun '25 | Mar '25 | Sep '24 | Jun '24 | Mar '24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.54B | $5.31B | $4.55B | $4.04B | $4.69B | $4.11B | $5.15B | $4.12B |
| Net income | $1.33B | -$172.0M | $445.0M | $699.0M | -$722.0M | -$528.0M | $895.0M | $1.22B |
| EPS (diluted) | $6.72 | $-1.10 | $2.12 | $3.80 | $-4.41 | $-3.29 | $5.11 | $6.93 |
| EPS (basic) | $6.85 | $-1.08 | $2.15 | $3.88 | $-4.41 | $-3.29 | $5.18 | $6.98 |
| Net margin | $29 | -$3 | $10 | $17 | -$15 | -$13 | $17 | $30 |
Balance sheet
| Line item | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $429.80B | $406.16B | $417.20B | $415.27B | $399.06B | $382.90B | $390.83B | $396.84B |
| Total liabilities | $418.45B | $395.95B | $406.30B | $404.82B | $389.52B | $374.70B | $382.56B | $387.83B |
| Stockholders' equity | $11.35B | $10.21B | $10.91B | $10.45B | $9.55B | $8.19B | $8.27B | $9.01B |
| Cash & equivalents | — | — | — | — | — | — | — | — |
| Goodwill | $1.14B | $1.14B | $1.14B | $1.14B | $1.14B | $1.14B | $1.14B | $1.14B |
| Short-term debt | $400.0M | $400.0M | $400.0M | $0 | $0 | $0 | $300.0M | $300.0M |
| Long-term debt | $6.46B | $5.97B | $5.87B | $5.77B | $5.77B | $5.87B | $5.86B | $5.90B |
| Retained earnings | $9.32B | $8.09B | $8.39B | $7.73B | $7.41B | $6.81B | $7.64B | $6.05B |
| Accumulated other comprehensive income (loss) | -$4.58B | -$4.47B | -$4.06B | -$3.84B | -$4.39B | -$4.31B | -$5.04B | -$2.68B |
Cash flow
| Line item | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$558.0M | $138.0M | $233.0M | -$1.14B | $1.01B | -$272.0M | $222.0M | -$27.0M |
| Investing cash flow | $2.58B | -$3.45B | -$3.91B | $2.21B | -$266.0M | -$2.05B | -$717.0M | -$702.0M |
| Financing cash flow | $800.0M | $1.16B | $2.51B | $2.45B | $2.11B | $801.0M | $283.0M | $1.27B |
| Purchases of investments | — | — | — | — | $4.06B | $3.72B | $3.76B | $2.58B |
| Sales/maturities of investments | — | $2.60B | $2.64B | $3.22B | $2.51B | $2.69B | $3.13B | $2.70B |
| Other investing activities | $68.0M | $35.0M | $0 | -$88.0M | -$105.0M | $77.0M | $212.0M | $36.0M |
| Dividends paid | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | $0 | — |
| Debt issued | $494.0M | $250.0M | $495.0M | $0 | $0 | $0 | $0 | $0 |
| Debt repaid | $0 | $150.0M | $0 | $0 | $0 | $300.0M | $0 | $0 |
| Other financing activities | — | — | — | — | — | — | $0 | — |
Income statement
| Line item | Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 |
|---|---|---|---|---|---|
| Revenue | $18.21B | $18.44B | $11.64B | $18.81B | $17.71B |
| Net income | $1.18B | $3.27B | -$752.0M | $1.36B | $3.78B |
| EPS (diluted) | $5.83 | $18.41 | $-4.92 | $7.78 | $19.96 |
| EPS (basic) | $5.94 | $18.66 | $-4.92 | $7.93 | $20.17 |
| Net margin | $6 | $18 | -$6 | $7 | $21 |
Balance sheet
| Line item | Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 |
|---|---|---|---|---|---|
| Total assets | $417.20B | $390.83B | $372.41B | $334.33B | $387.30B |
| Total liabilities | $406.30B | $382.56B | $365.52B | $329.23B | $367.03B |
| Stockholders' equity | $10.91B | $8.27B | $6.89B | $5.10B | $19.91B |
| Cash & equivalents | — | — | — | — | — |
| Goodwill | $1.14B | $1.14B | $1.14B | $1.14B | $1.78B |
| Long-term debt | $6.26B | $6.08B | $5.83B | $6.33B | $6.33B |
| Retained earnings | $8.39B | $7.64B | $4.78B | $5.92B | $9.10B |
| Accumulated other comprehensive income (loss) | -$4.06B | -$5.04B | -$3.48B | -$6.35B | $6.44B |
Cash flow
| Line item | Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 |
|---|---|---|---|---|---|
| Operating cash flow | -$167.0M | -$2.01B | -$2.07B | $3.61B | -$217.0M |
| Investing cash flow | -$4.01B | $821.0M | -$3.33B | -$11.65B | -$3.58B |
| Financing cash flow | $7.88B | $3.62B | $5.43B | $8.77B | $4.71B |
| Purchases of investments | — | $11.44B | $11.13B | $14.81B | $16.91B |
| Sales/maturities of investments | $11.06B | $9.44B | $5.67B | $5.45B | $9.62B |
| Other investing activities | -$116.0M | $304.0M | $310.0M | $48.0M | $303.0M |
| Dividends paid | — | — | — | $310.0M | $319.0M |
| Share repurchases | — | $0 | $0 | $550.0M | $1.10B |
| Debt issued | $495.0M | $346.0M | $0 | $296.0M | $0 |
| Debt repaid | $300.0M | $100.0M | $500.0M | $300.0M | $0 |
| Other financing activities | — | $0 | $0 | -$2.0M | -$60.0M |
Source: SEC EDGAR XBRL filings (10-Q/10-K), as originally tagged by the company. Quarterly cash flow is reconstructed by de-cumulating fiscal-year-to-date figures (how cash flow is tagged in 10-Qs); other quarterly lines are reported directly.
Institutional holders
SEC Form 13F filers holding LNC as of the latest reported quarter. 13F only covers investment managers with $100M+ in assets — this is not a complete ownership picture, and does not include insiders (see Recent SEC filings below) or non-13F-eligible holders.
Insider activity
Directors, officers, and 10%+ owners' reported transactions from SEC Form 4. A filing reports a transaction; it does not by itself explain why it happened.
Recent SEC filings
Official company reports and insider transaction filings. Form 4 reports a transaction; it does not by itself explain why it happened.
Source: SEC EDGAR submissions · updated 2026-10-22 09:13 UTC
| Filed | Form | Report period | Official filing |
|---|---|---|---|
| 2026-10-02 | 4 | 2026-09-30 | View on SEC.gov → |
| 2026-10-02 | 4 | 2026-09-30 | View on SEC.gov → |
| 2026-10-02 | 4 | 2026-09-30 | View on SEC.gov → |
| 2026-10-02 | 4 | 2026-09-30 | View on SEC.gov → |
| 2026-10-02 | 4 | 2026-09-30 | View on SEC.gov → |
| 2026-10-02 | 4 | 2026-09-30 | View on SEC.gov → |
| 2026-10-02 | 4 | 2026-09-30 | View on SEC.gov → |
| 2026-10-02 | 4 | 2026-09-30 | View on SEC.gov → |
| 2026-10-02 | 4 | 2026-09-30 | View on SEC.gov → |
| 2026-08-26 | 4 | 2026-08-24 | View on SEC.gov → |
| 2026-08-18 | 4 | 2026-08-17 | View on SEC.gov → |
| 2026-08-18 | 4 | 2026-08-17 | View on SEC.gov → |
Recent news
Headlines about LNC (Lincoln National Corp.). Links open the publisher — we don’t host full articles.
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Why (LNC) Price Action Is Critical for Tactical Trading
Stock Traders Daily · 2026-10-20 -
Lincoln National Corp. stock underperforms Monday when compared to competitors
MarketWatch · 2026-10-19 -
Lincoln (LNC) Stock Analysis: -1.53% Loss — Key Levels 2026-10-19 - Volume Breadth
https://www.siam.in/ · 2026-10-19 -
LNC Nov 2026 52.500 call (LNC261120C00052500) Stock Price, News, Quote & History
Yahoo! Finance Canada · 2026-10-18 -
LNC Nov 2026 47.500 put (LNC261120P00047500) Stock Price, News, Quote & History
Yahoo! Finance Canada · 2026-10-18 -
LNC Nov 2026 32.500 put (LNC261120P00032500) Stock Price, News, Quote & History
Yahoo! Finance Canada · 2026-10-18 -
LNC Nov 2026 60.000 call (LNC261120C00060000) Stock Price, News, Quote & History
Yahoo! Finance Canada · 2026-10-18 -
LNC Nov 2026 42.500 put (LNC261120P00042500) Stock Price, News, Quote & History
Yahoo! Finance Canada · 2026-10-18
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