About Lincoln National Corporation
https://www.lfg.comLincoln National Corporation, through its subsidiaries, operates multiple insurance and retirement businesses in the United States. It operates through four segments: Annuities, Retirement Plan Services, Life Insurance, and Group Protection. The Annuities segment offers fixed, variable, and indexed variable annuities.

CEO
Ellen R. Gail Cooper
Compensation Summary
(Year 2024)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 1999-06-22 | Forward | 2:1 |
| 1993-06-28 | Forward | 2:1 |
ETFs Holding This Stock
Summary
Showing Top 3 of 254
Ratings Snapshot
Rating : B+
Most Recent Analyst Grades

Jefferies
Buy

Morgan Stanley
Overweight

Wells Fargo
Equal Weight

Barclays
Equal Weight

Keefe, Bruyette & Woods
Market Perform

Evercore ISI Group
In Line
Grade Summary
Showing Top 6 of 9
Price Target
Institutional Ownership

VANGUARD GROUP INC
Shares:19.9M
Value:$831.78M

BLACKROCK, INC.
Shares:18.43M
Value:$770.08M

BLACKROCK INC.
Shares:16.27M
Value:$679.84M
Summary
Showing Top 3 of 892
About Lincoln National Corporation
https://www.lfg.comLincoln National Corporation, through its subsidiaries, operates multiple insurance and retirement businesses in the United States. It operates through four segments: Annuities, Retirement Plan Services, Life Insurance, and Group Protection. The Annuities segment offers fixed, variable, and indexed variable annuities.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $4.59B ▲ | $-228M ▲ | $445M ▼ | 9.69% ▼ | $2.15 ▼ | $603M ▼ |
| Q2-2025 | $4.07B ▼ | $-932M ▼ | $699M ▲ | 17.2% ▲ | $3.88 ▲ | $848M ▲ |
| Q1-2025 | $4.72B ▼ | $1.4B ▼ | $-722M ▼ | -15.31% ▼ | $-4.41 ▼ | $-869M ▼ |
| Q4-2024 | $5.08B ▲ | $2.04B ▲ | $1.69B ▲ | 33.18% ▲ | $9.8 ▲ | $2.18B ▲ |
| Q3-2024 | $4.2B | $830M | $-528M | -12.58% | $-3.29 | $-617M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $33.91B ▲ | $415.27B ▲ | $404.82B ▲ | $10.45B ▲ |
| Q2-2025 | $30.08B ▲ | $399.06B ▲ | $389.52B ▲ | $9.55B ▲ |
| Q1-2025 | $26.63B ▼ | $382.9B ▼ | $374.7B ▼ | $8.19B ▼ |
| Q4-2024 | $26.72B ▼ | $390.83B ▼ | $382.56B ▼ | $8.27B ▼ |
| Q3-2024 | $27.68B | $396.84B | $387.83B | $9.01B |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $446M ▼ | $-1.14B ▼ | $2.21B ▲ | $2.45B ▲ | $3.52B ▲ | $-1.14B ▼ |
| Q2-2025 | $699M ▲ | $1.01B ▲ | $-266M ▲ | $2.11B ▲ | $2.86B ▲ | $1.01B ▲ |
| Q1-2025 | $-722M ▼ | $-272M ▼ | $-2.05B ▼ | $801M ▲ | $-1.52B ▼ | $-272M ▼ |
| Q4-2024 | $1.69B ▲ | $222M ▲ | $-717M ▼ | $283M ▼ | $-212M ▼ | $222M ▲ |
| Q3-2024 | $-528M | $-27M | $-702M | $1.27B | $538M | $-27M |
Revenue by Products
| Product | Q3-2024 | Q4-2024 | Q1-2025 | Q2-2025 |
|---|---|---|---|---|
Annuities Segment | $1.20Bn ▲ | $1.22Bn ▲ | $1.39Bn ▲ | $1.21Bn ▼ |
Group Protection Segment | $1.43Bn ▲ | $1.42Bn ▼ | $1.52Bn ▲ | $1.54Bn ▲ |
Life Segment | $1.59Bn ▲ | $1.65Bn ▲ | $1.59Bn ▼ | $1.60Bn ▲ |
Retirement Plan Services Segment | $340.00M ▲ | $340.00M ▲ | $330.00M ▼ | $330.00M ▲ |

CEO
Ellen R. Gail Cooper
Compensation Summary
(Year 2024)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 1999-06-22 | Forward | 2:1 |
| 1993-06-28 | Forward | 2:1 |
ETFs Holding This Stock
Summary
Showing Top 3 of 254
Ratings Snapshot
Rating : B+
Most Recent Analyst Grades

Jefferies
Buy

Morgan Stanley
Overweight

Wells Fargo
Equal Weight

Barclays
Equal Weight

Keefe, Bruyette & Woods
Market Perform

Evercore ISI Group
In Line
Grade Summary
Showing Top 6 of 9
Price Target
Institutional Ownership

VANGUARD GROUP INC
Shares:19.9M
Value:$831.78M

BLACKROCK, INC.
Shares:18.43M
Value:$770.08M

BLACKROCK INC.
Shares:16.27M
Value:$679.84M
Summary
Showing Top 3 of 892




