Lincoln National Corporation (LNC) vs Prudential Public Limited Company (PUK)

Lincoln National Corporation and Prudential Public Limited Company are both Insurance Life companies. Prudential Public Limited Company is the larger, with a market value of $29.3B against $7.9B — 3.7× the size. Lincoln National Corporation trades at the lower P/E: 3.4× against 16.6×. Lincoln National Corporation grew revenue faster over the last twelve months: 7.91% against −88.6%. Prudential Public Limited Company has the higher net margin (30.1% vs 11.7%) and the lower return on invested capital (0.00% vs 24.5%). Both pay a dividend; Lincoln National Corporation yields more (4.47% vs 2.32%). Across the 18 metrics below, Lincoln National Corporation leads on 13 and Prudential Public Limited Company on 5.

Valuation

Metric LNC PUK Insurance Life median
P/E 3.41 16.57 12.22
P/S 0.40 n/m 0.75
P/B 0.75 n/m 1.07
Price to free cash flow n/m n/m 7.70
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 29.36% 6.04% 8.18%
Free cash flow yield (17.12%) 0.00% 11.33%

Profitability

Metric LNC PUK Insurance Life median
Gross margin 16.35% 0.00% 32.44%
Operating margin 16.35% 0.00% 11.31%
Net margin 11.74% 30.05% 6.61%
Free cash flow margin (6.87%) 0.00% 15.04%
Return on equity 23.98% 0.00% 8.67%
Return on assets 0.55% 0.00% 0.67%
Return on invested capital 24.53% 0.00% 8.20%

Growth

Metric LNC PUK Insurance Life median
Revenue growth (TTM) 7.91% (88.60%) 7.91%
EPS growth (last fiscal year) (68.33%) 82.74% (20.59%)
Revenue growth, 5-year CAGR 0.87% (21.10%) 1.08%
Net income growth, 5-year CAGR 16.83% 13.44% 0.00%

Health

Metric LNC PUK Insurance Life median
Debt to equity 0.60 0.26 0.48
Current ratio 0.20 0.03 0.21
Net debt to EBITDA (2.07) (0.13) 0.12

Dividend

Metric LNC PUK Insurance Life median
Dividend yield 4.47% 2.32% 2.21%
Payout ratio 0.16 — 0.26

Size

Metric LNC PUK Insurance Life median
Market cap 7.85b 29.32b 7.85b

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