stockrowLincoln 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) Shares outstanding
Lincoln National Corporation's shares outstanding at the end of fiscal 2025 was $186.1M, up 7.50% from $173.1M in fiscal 2024. At the end of the quarter to 30 September 2026 it was $196.7M. Over the past ten years it has ranged from $170.7M (fiscal 2023) to $254.9M (fiscal 2015); the current reading is higher than 36% of that period. Lincoln National Corporation ranks 5th of 16 Insurance Life companies by shares outstanding.
Shares outstanding, annual
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Annual newest first
| Period | Shares outstanding | Change |
|---|---|---|
| FY2025 | $186.1M | 7.50% |
| FY2024 | $173.1M | 1.37% |
| FY2023 | $170.7M | (1.14%) |
| FY2022 | $172.7M | (8.93%) |
| FY2021 | $189.6M | (2.48%) |
| FY2020 | $194.5M | (3.78%) |
| FY2019 | $202.1M | (7.95%) |
| FY2018 | $219.6M | (2.95%) |
| FY2017 | $226.2M | (4.48%) |
| FY2016 | $236.8M | (7.10%) |
Quarterly newest first
| Period | Shares outstanding | Change |
|---|---|---|
| Sep 2026 | $196.7M | 0.12% |
| Jun 2026 | $196.4M | (0.04%) |
| Mar 2026 | $196.5M | 5.61% |
| Dec 2025 | $186.1M | (4.24%) |
| 43 more quarters | Free account |
Against its own ten years
Shares outstanding against peers
| Company | Shares outstanding |
|---|---|
| GNW Genworth Financial, Inc. compare | $375.5M |
| LNC Lincoln National Corporation | $196.7M |
| UNM Unum Group compare | $158.6M |
| FG F&G Annuities & Life, Inc. compare | $130.0M |
| CNO CNO Financial Group, Inc. compare | $94.3M |
| GL Globe Life Inc. compare | $78.2M |
| JXN Jackson Financial Inc. compare | $68.5M |
| BHF Brighthouse Financial, Inc. compare | $57.9M |
| PRI Primerica, Inc. compare | $30.8M |
What Shares outstanding is
Shares (Diluted, Weighted) tells an investor how many shares a company’s earnings are spread across once potential new shares are counted.
Reported line item
More on LNC
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- 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
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement