Lincoln National Corporation (LNC) Stock

About Lincoln National Corporation

Lincoln National Corporation is led by CEO Ellen R. Gail Cooper, employs 9,423 people, headquartered in Radnor, US, publicly traded since 1980.

Lincoln National Corporation (LNC) stock trades at $39.84 with a market capitalization of $7.63B. The stock is valued at a price-to-earnings (P/E) ratio of 3.36, price-to-book of 0.68, price-to-sales of 0.40. Over the past 52 weeks the stock has ranged between $32.18 and $47.67, and currently trades 16.4% below its 52-week high. It pays a dividend yielding 4.47%.

On profitability, Lincoln National Corporation generates a return on equity (ROE) of 21.99%, above the typical market range of roughly 12-15%, return on capital employed of 0.66%, an operating margin of 7.35%, a net profit margin of 12.18%.

Lincoln National Corporation by the numbers, 2016–2025

Between 2016 and 2025 Lincoln National Corporation reported revenue of $13.3B rising to $18.2B, a change of +36.6% across 10 years. Compounded, revenue has grown 0.7% a year over five years, -1.3% over three, 1.2% over the last twelve months. Net profit held roughly flat to $1.2B.

Operating margin went from 10.9% in 2016 to 7.3% in 2025, a fall of 3.6 percentage points. The most recent net margin is 12.18%. On a trailing twelve-month basis to Jun '26, revenue is $19.4B and net profit $2.4B.

Borrowings rose from $5.3B to $6.4B, cash from operations was $-167.0M in the latest year, positive in 5 of the last 10.

Return on equity has averaged 16.9% over five years, and was 10.8% in the most recent year.

The share price itself has compounded at —% a year over five years, —% over three, —% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Lincoln National Corporation (LNC) — frequently asked questions