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) Return on assets

Alert me on Return on assets

Lincoln National Corporation's return on assets over the twelve months to 30 September 2026 was 0.76%, up 0.5 percentage points from fiscal 2025 (0.27%). Over the past ten years it has ranged from −0.24% (fiscal 2023) to 1.00% (fiscal 2021); the current reading is higher than 27% of that period. That is above the Insurance Life industry median of 0.50% and below the Financial sector median of 1.15%.

Return on assets, annual

Embed this chart

Annual newest first

Period Return on assets Change (points)
FY2025 0.27% (0.56)
FY2024 0.83% 1.07
FY2023 −0.24% (0.62)
FY2022 0.38% (0.62)
FY2021 1.00% 0.86
FY2020 0.14% (0.14)
FY2019 0.28% (0.29)
FY2018 0.57% (0.20)
FY2017 0.77% 0.31
FY2016 0.46% 0.00

Against its own ten years

Low −0.24% High 1.00%
Ten-year median 0.46%
Current reading's percentile 27

Return on assets against peers

Company Return on assets
PRI Primerica, Inc. compare 5.45%
CNO CNO Financial Group, Inc. compare 1.08%
LNC Lincoln National Corporation 0.76%
FG F&G Annuities & Life, Inc. compare 0.41%
UNM Unum Group compare 0.39%
BHF Brighthouse Financial, Inc. compare 0.24%
JXN Jackson Financial Inc. compare 0.24%
GNW Genworth Financial, Inc. compare 0.06%
GL Globe Life Inc. compare 0.00%
Insurance Life industry median 0.50%
Financial sector median 1.15%
Market median 0.00%

What Return on assets is

ROA tells an investor how much profit a company earns for shareholders from the assets it uses to run its business.

Annual: Net Income Allotted to Shareholders ÷ Average Assets; TTM: Net Income Allotted to Shareholders ÷ Average Assets (latest quarter)

The full definition of Return on assets →

More on LNC