Lincoln National Corporation
Lincoln National Corporation’s revenue for fiscal 2025 (year ended December 2025) was $18.2 billion, down 1.25% from fiscal 2024.
- Revenue
- +20.3%
- EPS
- +220.9%
- Free cash flow
- +176.7%
- Total debt
- +19.0%
Quarter to September 2026, against a year earlier
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Lincoln National Corporation (LNC) EBITDA
Lincoln National Corporation's EBITDA for fiscal 2025 was $1.6B, down 64.1% from $4.4B in fiscal 2024. Over the twelve months to 30 June 2026 it was $3.2B. Over the past ten years it has ranged from −$817.0M (fiscal 2023) to $4.9B (fiscal 2021); the current reading is higher than 45% of that period. Lincoln National Corporation ranks 4th of 16 Insurance Life companies by EBITDA.
EBITDA, annual
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Annual newest first
| Period | EBITDA | Change |
|---|---|---|
| FY2025 | $1.6B | (64.09%) |
| FY2024 | $4.4B | — |
| FY2023 | −$817.0M | — |
| FY2022 | $2.0B | (58.81%) |
| FY2021 | $4.9B | 631.98% |
| FY2020 | $666.0M | (45.14%) |
| FY2019 | $1.2B | (44.13%) |
| FY2018 | $2.2B | 59.78% |
| FY2017 | $1.4B | (20.75%) |
| FY2016 | $1.7B | 5.41% |
Quarterly newest first
| Period | EBITDA | Change |
|---|---|---|
| Jun 2026 | $1.7B | — |
| Mar 2026 | −$165.0M | — |
| Dec 2025 | $996.0M | 65.17% |
| Sep 2025 | $603.0M | (27.78%) |
| 42 more quarters | Free account |
Against its own ten years
EBITDA against peers
| Company | EBITDA |
|---|---|
| LNC Lincoln National Corporation | $3.2B |
| GL Globe Life Inc. compare | $1.6B |
| PRI Primerica, Inc. compare | $1.4B |
| FG F&G Annuities & Life, Inc. compare | $1.4B |
| UNM Unum Group compare | $1.3B |
| CNO CNO Financial Group, Inc. compare | $1.0B |
| BHF Brighthouse Financial, Inc. compare | $975.0M |
| JXN Jackson Financial Inc. compare | $964.0M |
| GNW Genworth Financial, Inc. compare | $396.0M |
What EBITDA is
EBITDA shows what a company earns from its operations before interest, taxes and the non-cash charges for depreciation and amortization.
Reported line item
More on LNC
- Revenue
- Net income
- EPS (diluted)
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement