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Sunday 11 October 2026 Export all LNC data to Excel Powerpack

Lincoln National Corporation

LNC Financial Insurance Life

Lincoln National Corporation’s revenue for fiscal 2025 (year ended December 2025) was $18.2 billion, down 1.25% from fiscal 2024. In the quarter to June 2026, revenue grew 12.3%, EPS grew 76.6%, free cash flow fell 155.1% and total debt rose 19.0%, each against the same quarter a year earlier. Dividend growth for ten consecutive years; insiders bought in the last twelve months.

40.23 0.76 −1.85%
Market cap
$7.9B
P/E
3.4×
Fwd P/E
7.0×
Dividend yield
4.47%
F-score
3/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Lincoln National Corporation (LNC) P/E ratio

Alert me on P/E ratio

As of 9 October 2026, Lincoln National Corporation (LNC) trades at a P/E ratio of 3.4×. Over the past ten years it has ranged from 0.0× (March 2024) to 34.6× (August 2020); the current reading is higher than 20% of that period. That is below the Insurance Life industry median of 12.2× and below the Financial sector median of 12.3×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 8.1× 375.84%
FY2024 1.7× —
FY2023 0.0× —
FY2022 3.9× 14.67%
FY2021 3.4× (82.64%)
FY2020 19.5× 45.40%
FY2019 13.4× 98.65%
FY2018 6.8× (18.63%)
FY2017 8.3× (37.38%)
FY2016 13.2× 21.26%

Quarterly newest first

Period P/E ratio Change
Jun 2026 3.0× (25.46%)
Mar 2026 4.0× (50.31%)
Dec 2025 8.1× 128.85%
Sep 2025 3.5× (38.96%)
42 more quarters

Against its own ten years

Low 0.0× High 34.6×
Ten-year median 8.3×
Current reading's percentile 17

P/E ratio against peers

Company P/E ratio
LNC Lincoln National Corporation 3.4×
BHF Brighthouse Financial, Inc. compare 3.9×
FG F&G Annuities & Life, Inc. compare 6.4×
GL Globe Life Inc. compare 10.7×
PRI Primerica, Inc. compare 11.0×
GNW Genworth Financial, Inc. compare 17.7×
CNO CNO Financial Group, Inc. compare 17.8×
UNM Unum Group compare 21.4×
JXN Jackson Financial Inc. compare 175×
Insurance Life industry median 12.2×
Financial sector median 12.3×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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