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) Total debt

Alert me on Total debt

Lincoln National Corporation's total debt at the end of fiscal 2025 was $6.3B, unchanged from fiscal 2024. At the end of the quarter to 30 June 2026 it was $6.9B. Over the past ten years it has ranged from $5.3B (fiscal 2017) to $6.7B (fiscal 2020); the current reading is higher than 64% of that period. Lincoln National Corporation ranks 4th of 17 Insurance Life companies by total debt.

Total debt, annual

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Annual newest first

Period Total debt Change
FY2025 $6.3B 1.79%
FY2024 $6.2B 3.48%
FY2023 $5.9B (7.84%)
FY2022 $6.5B (2.57%)
FY2021 $6.6B (0.85%)
FY2020 $6.7B 4.95%
FY2019 $6.4B 9.04%
FY2018 $5.8B 9.26%
FY2017 $5.3B (0.02%)
FY2016 $5.3B (3.75%)

Quarterly newest first

Period Total debt Change
Jun 2026 $6.9B 7.79%
Mar 2026 $6.4B 1.64%
Dec 2025 $6.3B 8.56%
Sep 2025 $5.8B 0.09%
42 more quarters

Against its own ten years

Low $5.3B High $6.7B
Ten-year median $6.2B
Current reading's percentile 64

Total debt against peers

What Total debt is

Total Debt tells an investor how much a company has borrowed in all, whether the money is due within a year or later.

Long Term Debt (Total) + Current Part of Debt

The full definition of Total debt →

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