LNC
Neutral signalScored 2026-10-06 Drivers: Congress, fundamentals. Moteurs : Congrès, fondamentaux.
Research, not advice.
À propos
Lincoln National Corporation
- Nom
- Lincoln National Corporation
- Secteur
- Financial Services
- Industrie
- Insurance - Life
- Bourse
- NYSE
- Capitalisation
- $7.6B
- Employés
- 9,423
- PDG
- Ellen R. Gail Cooper
- Site web
- https://www.lincolnfinancial.com
- Marché
- BHFCNOCRBGEQHFGGL
Lincoln National Corporation (LNC) is a U.S.-based financial services company primarily involved in the insurance and retirement sectors. Operating through various subsidiaries, its operations are structured across four key divisions: Annuities, Retirement Plan Services, Life Insurance, and Group Protection. The Annuities division provides a range of annuity products, including fixed, variable, and indexed variable options. Its Retirement Plan Services segment caters to employers, focusing predominantly on the defined contribution market. This unit delivers a suite of retirement solutions, encompassing individual and group variable and fixed annuities, alongside mutual fund-based programs. Furthermore, it offers comprehensive plan administration services such as recordkeeping, compliance verification, participant education, and trust and custodial support. The Life Insurance segment delivers various life coverage options, from term insurance to universal life products, specifically single and survivorship universal life, variable universal life, and indexed universal life policies. It also makes available critical illness and long-term care riders to enhance these plans. Finally, the Group Protection segment focuses on providing non-medical group insurance benefits and services to the employer sector. Its offerings include short-term and long-term disability, statutory disability, paid family medical leave administration, and absence management. Additionally, it offers group term life, dental, vision, accident, and critical illness coverage, all available through both employee-contributed and employer-funded schemes. Lincoln National distributes its financial products and services through an extensive network of consultants, brokers, planners, agents, financial advisors, third-party administrators, and other intermediary partners. Established in 1905, Lincoln National Corporation maintains its headquarters in Radnor, Pennsylvania.
Price (1 year)
Live chart from TradingView — independent market data, as price context around the filings, not the Quorum score. EMA 50/200 and Bollinger load by default. When the exchange is known it is sent as EXCHANGE:SYMBOL; otherwise TradingView resolves the ticker best-effort.
Decouvert par les declarations du Congres
- Insiders
- —
- Total bought
-
—
Avg buy (VWAP, 90d window) —
- Total sold
-
$895,754
Avg sell (VWAP, 90d window) $34.44 vs last close —
Total sold sums Form 4 code S in this window. Codes F, M, A and G are left out.
- Last activity
- —
- Last synced
-
2026-10-06 10:56:08
Sign in to request a sync of this company's price history and timing levels.
Insider holdings as a share of total assets aren't available for this company.
Avg buy and avg sell are volume-weighted prices (sum of shares × price, divided by shares) for Form 4 rows in this 90-day window that report both figures. A comparison with last close is market context for that average, not advice.
Recent Form 4
Filings in the 90-day window for this company. Value is shares × price from the filing. Research, not advice.
| Date | Person | Side | Shares | Price | Value | Form 4 |
|---|---|---|---|---|---|---|
| 2026-08-17 | Woodroffe Sean | Sell · S | 11,000 | $45.28 | $498,080 | Form 4 |
| 2026-08-12 | KELLY GARY C | Sell · S | 15,007 | $26.50 | $397,674 | Form 4 |
Congressional trades
STOCK Act disclosures (90-day window)
Amounts are STOCK Act brackets as disclosed. Quorum does not turn a bracket into an exact price or a midpoint.
No STOCK Act disclosures for this company in this window.
Recent trades
| Date | Representative | Type | Amount |
|---|---|---|---|
| 2026-06-24 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2025-07-03 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2025-06-17 | Lisa C. McClain | Sale (Full) | $1,001 - $15,000 |
| 2025-06-11 | Lisa C. McClain | Purchase | $1,001 - $15,000 |
| 2023-10-31 | Ro Khanna | Sale | $1,001 - $15,000 |
| 2023-08-07 | Michael Guest | Purchase | $1,001 - $15,000 |
| 2023-05-19 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2023-04-17 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2023-04-10 | Daniel Goldman | Sale | $1,001 - $15,000 |
| 2023-03-14 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2023-02-14 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2022-12-06 | Ro Khanna | Sale | $1,001 - $15,000 |
| 2022-09-29 | Ro Khanna | Sale | $1,001 - $15,000 |
| 2022-09-29 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2022-08-01 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2022-07-21 | Michael T. McCaul | Sale | $1,001 - $15,000 |
| 2022-07-21 | Michael T. McCaul | Sale | $15,001 - $50,000 |
| 2022-07-20 | Michael T. McCaul | Sale | $100,001 - $250,000 |
| 2022-07-20 | Michael T. McCaul | Sale | $15,001 - $50,000 |
| 2022-07-19 | Michael T. McCaul | Sale | $15,001 - $50,000 |
| 2022-07-19 | Michael T. McCaul | Sale | $100,001 - $250,000 |
| 2022-06-28 | Michael T. McCaul | Purchase | $15,001 - $50,000 |
| 2022-06-28 | Michael T. McCaul | Sale | $50,001 - $100,000 |
| 2022-06-27 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2022-05-10 | Ro Khanna | Sale | $1,001 - $15,000 |
| 2022-04-21 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2022-01-21 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2020-04-02 | Dean Phillips | Purchase | $1,001 - $15,000 |
| 2020-03-18 | Gilbert Ray Cisneros | Sale (Full) | $1,001 - $15,000 |
| 2019-01-04 | Dean Phillips | Sale (Partial) | $1,001 - $15,000 |
Signal
Neutral signalScored 2026-10-06 Drivers: Congress, fundamentals. Moteurs : Congrès, fondamentaux.
The 0-100 score behind this signal and the full written analysis are part of Plus. See plans.
Factor checklist — research, not advice
A check leans with a bullish reading. A cross leans against it. A dash is unavailable or mixed.
- Insider Pulls against a bullish reading. Selling cluster — sale value, no purchase value
- Congress Unavailable or mixed. 1 purchase disclosure year to date, a thin reading
- Narrative Pulls against a bullish reading. Stored narrative reading is in the bearish band
- Timing Unavailable or mixed. No stored price series
- Financial indicators Pulls against a bullish reading. Current ratio 0.47 · operating margin 7.3%
Market snapshot
Financial ratios
| Metric | Trend | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|---|
| Gross Profit Margin | 57.3% | 25.5% | 0.4% | 12.9% | 22.2% | |
| Ebit Margin | 8.6% | 24.2% | -7.0% | 10.6% | 27.9% | |
| Ebitda Margin | 8.6% | 24.8% | -6.6% | 11.0% | 28.2% | |
| Operating Profit Margin | 7.3% | 22.4% | -9.8% | 9.1% | 26.4% | |
| Pretax Profit Margin | 7.3% | 22.4% | -9.8% | 9.1% | 26.4% | |
| Continuous Operations Profit Margin | 6.5% | 18.2% | -6.4% | 7.2% | 21.5% | |
| Net Profit Margin | 6.5% | 18.2% | -6.4% | 7.2% | 21.5% | |
| Bottom Line Profit Margin | 6.0% | 17.7% | -7.1% | 7.1% | 21.5% | |
| Current Ratio | 0.466 | 3.224 | 0.913 | 1.046 | 10.640 | |
| Quick Ratio | 0.466 | 3.224 | 0.913 | 1.046 | 10.640 | |
| Solvency Ratio | 0.003 | 0.009 | -0.002 | 0.004 | 0.010 | |
| Cash Ratio | 0.059 | 0.337 | 0.023 | 0.027 | 8.707 | |
| Price To Earnings Ratio | 7.484 | 1.699 | -5.482 | 3.869 | 3.386 | |
| Price To Earnings Growth Ratio | -0.110 | -0.004 | 0.034 | -0.064 | 0.005 | |
| Forward Price To Earnings Growth Ratio | -0.110 | -0.004 | 0.034 | -0.064 | 0.005 | |
| Price To Earnings Diluted Ratio | 7.625 | 1.722 | -5.482 | 3.949 | 9.187 | |
| Price To Earnings Diluted Growth Ratio | -0.112 | -0.004 | 0.034 | 0.838 | 0.049 | |
| Price To Book Ratio | 0.746 | 0.655 | 0.663 | 1.030 | 0.631 | |
| Price To Sales Ratio | 0.447 | 0.301 | 0.390 | 0.278 | 0.726 | |
| Price To Free Cash Flow Ratio | -48.710 | -2.699 | -2.205 | 1.456 | -58.936 | |
| Price To Operating Cash Flow Ratio | -48.710 | -2.699 | -2.205 | 1.456 | -58.936 | |
| Debt To Assets Ratio | 0.015 | 0.016 | 0.016 | 0.020 | 0.017 | |
| Debt To Equity Ratio | 0.590 | 0.769 | 0.888 | 1.300 | 0.335 | |
| Debt To Capital Ratio | 0.371 | 0.435 | 0.470 | 0.565 | 0.251 | |
| Long Term Debt To Capital Ratio | 0.356 | 0.423 | 0.460 | 0.546 | 0.238 | |
| Financial Leverage Ratio | 38.255 | 47.265 | 54.028 | 65.529 | 19.316 | |
| Working Capital Turnover Ratio | -0.756 | 1.396 | -3.492 | 4.362 | 12.175 | |
| Operating Cash Flow Ratio | -0.001 | -0.117 | -0.014 | 0.029 | -0.723 | |
| Operating Cash Flow Sales Ratio | -0.009 | -0.112 | -0.177 | 0.191 | -0.012 | |
| Free Cash Flow Operating Cash Flow Ratio | 1.000 | 1.000 | 1.000 | 1.000 | 1.000 | |
| Debt Service Coverage Ratio | 2.239 | 5.829 | -0.649 | 2.179 | 7.189 | |
| Interest Coverage Ratio | 5.894 | 11.970 | -3.468 | 6.095 | 17.196 | |
| Short Term Operating Cash Flow Coverage Ratio | -0.417 | -6.690 | -8.296 | 7.218 | -0.723 | |
| Operating Cash Flow Coverage Ratio | -0.026 | -0.316 | -0.339 | 0.544 | -0.032 | |
| Capital Expenditure Coverage Ratio | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | |
| Dividend Paid And Capex Coverage Ratio | -0.401 | -5.043 | -5.359 | 11.642 | -0.680 | |
| Dividend Payout Ratio | 0.353 | 0.122 | -0.515 | 0.228 | 0.084 | |
| Enterprise Value Multiple | 3.235 | 1.341 | -9.481 | 4.121 | 3.417 |
Sparkline shows each ratio oldest → newest (left → right).
How the latest year compares
For each ratio: its most recent value, the change versus one year earlier, and versus its 5-year average. ▲ higher ▼ lower
| Metric | Current | vs 1Y ago | vs 5Y avg |
|---|---|---|---|
| Gross Profit Margin | 57.3% | ▲31.8% | ▲33.7% |
| Ebit Margin | 8.6% | ▼-15.6% | ▼-4.3% |
| Ebitda Margin | 8.6% | ▼-16.2% | ▼-4.6% |
| Operating Profit Margin | 7.3% | ▼-15.0% | ▼-3.7% |
| Pretax Profit Margin | 7.3% | ▼-15.0% | ▼-3.7% |
| Continuous Operations Profit Margin | 6.5% | ▼-11.7% | ▼-2.9% |
| Net Profit Margin | 6.5% | ▼-11.7% | ▼-2.9% |
| Bottom Line Profit Margin | 6.0% | ▼-11.8% | ▼-3.1% |
| Current Ratio | 0.466 | ▼-2.757 | ▼-2.792 |
| Quick Ratio | 0.466 | ▼-2.757 | ▼-2.792 |
| Solvency Ratio | 0.003 | ▼-0.006 | ▼-0.002 |
| Cash Ratio | 0.059 | ▼-0.279 | ▼-1.772 |
| Price To Earnings Ratio | 7.484 | ▲5.785 | ▲5.293 |
| Price To Earnings Growth Ratio | -0.110 | ▼-0.106 | ▼-0.082 |
| Forward Price To Earnings Growth Ratio | -0.110 | ▼-0.106 | ▼-0.082 |
| Price To Earnings Diluted Ratio | 7.625 | ▲5.903 | ▲4.225 |
| Price To Earnings Diluted Growth Ratio | -0.112 | ▼-0.108 | ▼-0.273 |
| Price To Book Ratio | 0.746 | ▲0.091 | ▲0.001 |
| Price To Sales Ratio | 0.447 | ▲0.145 | ▲0.018 |
| Price To Free Cash Flow Ratio | -48.710 | ▼-46.010 | ▼-26.491 |
| Price To Operating Cash Flow Ratio | -48.710 | ▼-46.010 | ▼-26.491 |
| Debt To Assets Ratio | 0.015 | ▼-0.001 | ▼-0.002 |
| Debt To Equity Ratio | 0.590 | ▼-0.179 | ▼-0.186 |
| Debt To Capital Ratio | 0.371 | ▼-0.064 | ▼-0.047 |
| Long Term Debt To Capital Ratio | 0.356 | ▼-0.067 | ▼-0.048 |
| Financial Leverage Ratio | 38.255 | ▼-9.010 | ▼-6.624 |
| Working Capital Turnover Ratio | -0.756 | ▼-2.152 | ▼-3.493 |
| Operating Cash Flow Ratio | -0.001 | ▲0.116 | ▲0.164 |
| Operating Cash Flow Sales Ratio | -0.009 | ▲0.102 | ▲0.015 |
| Free Cash Flow Operating Cash Flow Ratio | 1.000 | 0.000 | 0.000 |
| Debt Service Coverage Ratio | 2.239 | ▼-3.589 | ▼-1.118 |
| Interest Coverage Ratio | 5.894 | ▼-6.076 | ▼-1.643 |
| Short Term Operating Cash Flow Coverage Ratio | -0.417 | ▲6.272 | ▲1.364 |
| Operating Cash Flow Coverage Ratio | -0.026 | ▲0.290 | ▲0.008 |
| Capital Expenditure Coverage Ratio | 0.000 | 0.000 | 0.000 |
| Dividend Paid And Capex Coverage Ratio | -0.401 | ▲4.641 | ▼-0.433 |
| Dividend Payout Ratio | 0.353 | ▲0.232 | ▲0.299 |
| Enterprise Value Multiple | 3.236 | ▲1.895 | ▲2.709 |
Key metrics
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Market cap | $8.13B | $5.42B | $4.57B | $5.25B | $12.79B | |
| Enterprise value | $5.06B | $5.97B | $7.33B | $8.54B | $16.96B | |
| EV / Sales | 0.28x | 0.33x | 0.63x | 0.45x | 0.96x | |
| EV / Op. cash flow | -30.32x | -2.98x | -3.53x | 2.37x | -78.15x | |
| EV / Free cash flow | -30.32x | -2.98x | -3.53x | 2.37x | -78.15x | |
| EV / EBITDA | 3.23x | 1.34x | -9.48x | 4.12x | 3.42x | |
| Net debt / EBITDA | -1.96x | 0.12x | -3.56x | 1.59x | 0.84x | |
| Current ratio | 0.47x | 3.22x | 0.91x | 1.05x | 10.64x | |
| Income quality | -0.14x | -0.61x | 2.76x | 2.66x | -0.06x | |
| Graham number | $93 | $144 | — | $73 | $222 | |
| Graham net-net | -$2K | -$2K | -$1K | -$1K | -$2K | |
| Tax burden | 88.0% | 81.4% | 65.5% | 78.7% | 81.4% | |
| Interest burden | 85.5% | 92.3% | 140.5% | 85.9% | 94.5% | |
| Working capital | -$86.46B | $38.26B | -$12.50B | $5.79B | $2.89B | |
| Invested capital | -$72.49B | $40.38B | $1.04B | $19.17B | $5.38B | |
| Return on assets | 0.3% | 0.8% | -0.2% | 0.4% | 1.0% | |
| Operating ROA | 0.3% | 1.1% | -0.3% | 0.5% | 1.2% | |
| Return on tangible assets | 0.3% | 0.8% | -0.2% | 0.4% | 1.0% | |
| Return on equity | 10.8% | 39.6% | -10.9% | 26.6% | 18.6% | |
| Return on invested capital | 0.5% | 0.9% | -0.3% | 0.6% | 1.0% | |
| Return on capital employed | 0.5% | 1.1% | -0.5% | 0.8% | 1.2% | |
| Earnings yield | 14.5% | 60.5% | -16.4% | 25.8% | 29.5% | |
| Free cash flow yield | -2.1% | -37.0% | -45.4% | 68.7% | -1.7% | |
| Capex / Op. cash flow | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Capex / Depreciation | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Capex / Sales | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| SG&A / Sales | 0.0% | 15.2% | 21.7% | 12.7% | 12.8% | |
| R&D / Sales | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Stock comp / Sales | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Intangibles / Total assets | 3.3% | 0.5% | 3.6% | 4.0% | 0.6% | |
| Days sales outstanding | 584d | 583d | 964d | 409d | 12d | |
| Days payables outstanding | 0d | 0d | 0d | 0d | 0d | |
| Operating cycle | 584d | 583d | 964d | 409d | 12d | |
| Cash conversion cycle | 584d | 583d | 964d | 409d | 12d |
Change by theme
Grouped by what each metric measures. Each figure is the change over the period shown — ▲ up ▼ down versus then.
Change over 1 year
Change over 5 years
Employee count
Peer market caps
Recent news
- 2026-10-01 Lincoln Financial Closes $6.3 Billion Reinsurance Transaction with Talcott RADNOR, Pa.--(BUSINESS WIRE)--Lincoln Financial (NYSE: LNC) announced that it has closed its previously announced reinsurance transaction with Talcott Financial Group (“Talcott”), with an effective date of October 1, 2026. The $6.3 billion total transaction includes the reinsurance by a Talcott subsidiary of approximately $5.8 billion of in-force guaranteed universal life (“GUL”) statutory reserves, representing approximately 37% of Lincoln''s remaining in-force GUL block. Combined with Lincoln''.
- 2026-10-01 Lincoln Financial to Report 2026 Third Quarter Results on November 5 RADNOR, Pa.--(BUSINESS WIRE)--Lincoln Financial (NYSE:LNC) announced today that it will report its results for the third quarter ended September 30, 2026, at 6:00 a.m. Eastern Time on Thursday, November 5, 2026. A conference call is scheduled for 8:00 a.m. Eastern Time on the same day. Earnings materials, including the 2026 third quarter Earnings Release, Earnings Supplement, and Statistical Supplement, will be available on the company''s Investor Relations web page at www.lincolnfinancial.com/i.
- 2026-10-01 Lincoln Financial and EBRI Research Highlights the Critical Importance of Benefits Education and Communication RADNOR, Pa.--(BUSINESS WIRE)--As organizations prepare for annual enrollment, new research from Lincoln Financial (NYSE: LNC) and the Employee Benefit Research Institute (EBRI) reinforces the critical role education and communication play in helping employees understand their voluntary benefit options. Benefits in Focus: Supplemental Health, Dental and Vision Perspectives examines the intersection of employer, broker and employee views on the value of voluntary benefits. The three-part national.
- 2026-09-29 3 Life Insurers Poised for Growth Amid Strong Annuity Demand Life insurers like RGA, LNC and VOYA are seeing growth opportunities from aging demographics, retirement-income needs, protection gaps and continued product innovation.
- 2026-09-24 State Street Corp Acquires 215,007 Shares of Lincoln National Corporation $LNC State Street Corp raised its holdings in shares of Lincoln National Corporation (NYSE: LNC) by 3.6% in the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,106,302 shares of the financial services provider''s stock after buying an additional 215,007 shares
- 2026-09-17 Fed Reverses Course With First Rate Hike Since 2023: 3 Insurers to Buy RGA, LNC and TRV are poised to benefit from the Fed''s first rate hike since 2023 as higher yields support insurers'' investment income.
- 2026-09-14 Can Lincoln National Turn Greater Capital Flexibility Into Growth? LNC is shifting from capital rebuilding to flexibility, with stronger liquidity, lower leverage and new room to pursue growth and returns.
- 2026-09-09 Lincoln Financial Announces Expiration and Results of Cash Tender Offers for Its Series C and Series D Depositary Shares RADNOR, Pa.--(BUSINESS WIRE)--Lincoln Financial (NYSE: LNC) today announced the expiration and results of the previously announced concurrent but separate tender offers (each, an “Offer” and, together, the “Offers”) by Lincoln National Corporation (the “Company”) to purchase for cash up to $500 million in aggregate Liquidation Preference (as defined below) (such amount, the “Maximum Aggregate Liquidation Preference”) of its outstanding depositary shares, representing fractional interests in cer.
- 2026-09-08 Is Lincoln National Corp (LNC) a Bargain After 4.7% Drop? GF Value Says Undervalued On September 08, 2026, Lincoln National Corp (LNC) shares fell 4.7% to $43.32, reflecting a challenging market environment amid a 52-week trading range of $32.1
- 2026-09-01 Lincoln Financial Research Finds 78% of Families Haven''t Discussed Life Insurance For September''s Life Insurance Awareness Month, Lincoln Financial has released [url="]new research[/url] that outlines key conversations adult children and agin