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.

Revenue
+20.3%
EPS
+220.9%
Free cash flow
+176.7%
Total debt
+19.0%

Quarter to September 2026, against a year earlier

39.47 2.13 −5.12%
Market cap
$7.5B
P/E
2.4×
Fwd P/E
4.5×
Dividend yield
4.56%
F-score
3/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Lincoln National Corporation (LNC) Revenue growth

Alert me on Revenue growth

Lincoln National Corporation's revenue growth over the twelve months to 30 September 2026 was 10.4%, up 11.6 percentage points from fiscal 2025 (−1.25%). Over the past ten years it has ranged from −38.1% (fiscal 2023) to 58.4% (fiscal 2024); the current reading is higher than 27% of that period. That is above the Insurance Life industry median of 4.80% and above the Financial sector median of 7.33%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2025 −1.25% (59.62)
FY2024 58.4% 96.46
FY2023 −38.1% (44.27)
FY2022 6.18% 4.60
FY2021 1.58% 0.53
FY2020 1.05% (4.03)
FY2019 5.08% (10.12)
FY2018 15.2% 8.25
FY2017 6.95% 8.73
FY2016 −1.78% (1.91)

Quarterly newest first

Period Revenue growth Change (points)
Sep 2026 20.3% 8.02
Jun 2026 12.3% (0.80)
Mar 2026 13.1% 15.88
Dec 2025 −2.77% (13.57)
43 more quarters

Against its own ten years

Low −38.1% High 58.4%
Ten-year median 1.58%
Current reading's percentile 27

Revenue growth against peers

Company Revenue growth
JXN Jackson Financial Inc. compare 34.2%
FG F&G Annuities & Life, Inc. compare 15.0%
LNC Lincoln National Corporation 10.4%
PRI Primerica, Inc. compare 8.27%
GL Globe Life Inc. compare 5.62%
CNO CNO Financial Group, Inc. compare 2.31%
GNW Genworth Financial, Inc. compare −0.59%
UNM Unum Group compare −4.22%
BHF Brighthouse Financial, Inc. compare −9.41%
Insurance Life industry median 4.80%
Financial sector median 7.33%
Market median 7.58%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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