Lincoln National Corporation

NYSE:LNC Stock Report

Market Cap: US$4.8b

Lincoln National Past Earnings Performance

Past criteria checks 2/6

Lincoln National's earnings have been declining at an average annual rate of -8.8%, while the Insurance industry saw earnings growing at 7.1% annually. Revenues have been declining at an average rate of 2.9% per year. Lincoln National's return on equity is 17.9%, and it has net margins of 10.5%.

Key information

-8.8%

Earnings growth rate

-6.3%

EPS growth rate

Insurance Industry Growth8.0%
Revenue growth rate-2.9%
Return on equity17.9%
Net Margin10.5%
Next Earnings Update01 Aug 2024

Recent past performance updates

Recent updates

Lincoln National Q4: Long Turnaround May Leave Shares Languishing

Mar 07

Lincoln National (NYSE:LNC) Has Announced A Dividend Of $0.45

Jan 06
Lincoln National (NYSE:LNC) Has Announced A Dividend Of $0.45

Lincoln National: High Yield, Weak Flows Amid Shifting Market Interest Rates

Nov 16

Lincoln National (NYSE:LNC) Will Pay A Dividend Of $0.45

Nov 13
Lincoln National (NYSE:LNC) Will Pay A Dividend Of $0.45

Lincoln National (NYSE:LNC) Has Announced A Dividend Of $0.45

Sep 26
Lincoln National (NYSE:LNC) Has Announced A Dividend Of $0.45

Lincoln National (NYSE:LNC) Is Due To Pay A Dividend Of $0.45

Sep 12
Lincoln National (NYSE:LNC) Is Due To Pay A Dividend Of $0.45

Poor Capital Management Leaves Lincoln National Negatively Positioned

Sep 07

Lincoln National (NYSE:LNC) Is Paying Out A Dividend Of $0.45

Aug 28
Lincoln National (NYSE:LNC) Is Paying Out A Dividend Of $0.45

Why Lincoln National Remains One Of My Highest Picks.

Aug 27

Lincoln National (NYSE:LNC) Is Paying Out A Dividend Of $0.45

Aug 14
Lincoln National (NYSE:LNC) Is Paying Out A Dividend Of $0.45

Lincoln National: Returning 14% And Worth A Look

Jul 28

Lincoln National: The Commons Or Preferreds? One Might Be Undervalued

Jul 17

Lincoln National: Seriously Undervalued At Peak Pessimism

Jun 16

Lincoln National (NYSE:LNC) Has Announced A Dividend Of $0.45

May 30
Lincoln National (NYSE:LNC) Has Announced A Dividend Of $0.45

Lincoln National: Unrealized Bond Losses And Excess Mortality Threaten Stability

May 25

Lincoln National (NYSE:LNC) Has Affirmed Its Dividend Of $0.45

Apr 05
Lincoln National (NYSE:LNC) Has Affirmed Its Dividend Of $0.45

Lincoln National (NYSE:LNC) Will Pay A Dividend Of $0.45

Feb 20
Lincoln National (NYSE:LNC) Will Pay A Dividend Of $0.45

Lincoln National declares $0.45 dividend

Feb 16

Lincoln National: A Perfect Buying Opportunity

Jan 30

Lincoln National: Stability With A Rebound Potential After The Contraction

Dec 19

Lincoln National (NYSE:LNC) Will Pay A Dividend Of $0.45

Dec 15
Lincoln National (NYSE:LNC) Will Pay A Dividend Of $0.45

Lincoln National (NYSE:LNC) Is Paying Out A Dividend Of $0.45

Nov 22
Lincoln National (NYSE:LNC) Is Paying Out A Dividend Of $0.45

Lincoln National stock advances as Goldman upgrades to Buy

Nov 16

Lincoln National's (NYSE:LNC) Dividend Will Be $0.45

Nov 06
Lincoln National's (NYSE:LNC) Dividend Will Be $0.45

Lincoln National Non-GAAP EPS of -$10.23 misses by $12.02, revenue of $4.8B beats by $410M

Nov 02

Shrinking Buybacks Will Keep Lincoln National Stock From Rising

Oct 13

Lincoln Financial partners with life insurance brokerage to expand distribution

Sep 27

Lincoln National's Fortress Balance Sheet Pays Out Consistently

Sep 20

Lincoln National Is A No-Brainer Buy, Here's Why

Aug 20

Lincoln National declares $0.45 dividend

Aug 11

Lincoln National Non-GAAP EPS of $2.23 beats by $0.02, revenue of $5.1B beats by $530M

Aug 03

Revenue & Expenses Breakdown
Beta

How Lincoln National makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:LNC Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2411,9471,26000
31 Dec 2311,645-83400
30 Sep 2314,7871,23600
30 Jun 2315,256-1,36000
31 Mar 2317,904-1,03000
31 Dec 2218,8101,35800
30 Sep 2220,2041,23900
30 Jun 2220,7733,33400
31 Mar 2220,0483,14400
31 Dec 2117,7153,77800
30 Sep 2118,7631,3282,5650
30 Jun 2118,8831,4082,5650
31 Mar 2117,5486722,5650
31 Dec 2017,43949900
30 Sep 2017,6487882,6910
30 Jun 2016,9252282,6910
31 Mar 2017,7186862,6910
31 Dec 1917,2588862,6910
30 Sep 1917,4448532,4180
30 Jun 1917,0701,5052,4180
31 Mar 1916,7801,5262,4180
31 Dec 1816,4241,6412,4180
30 Sep 1815,5622,0572,2040
30 Jun 1814,8091,9852,2040
31 Mar 1814,3662,0112,2040
31 Dec 1714,2572,0792,2040
30 Sep 1713,8421,4542,1050
30 Jun 1713,8561,5022,1050
31 Mar 1713,5871,4162,1050
31 Dec 1613,3301,1922,1050
30 Sep 1613,2481,2852,1620
30 Jun 1613,4381,0462,1620
31 Mar 1613,5111,0652,1620
31 Dec 1513,5721,1542,1620
30 Sep 1514,0851,2192,1080
30 Jun 1513,7821,4312,1080
31 Mar 1513,6821,4852,1080
31 Dec 1413,5541,5142,1080
30 Sep 1412,9911,5172,0790
30 Jun 1412,5881,4152,0790
31 Mar 1412,3061,3342,0790
31 Dec 1311,9691,2442,0790
30 Sep 1311,8201,2141,9790
30 Jun 1311,7651,2771,9790

Quality Earnings: LNC has high quality earnings.

Growing Profit Margin: LNC became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: LNC's earnings have declined by 8.8% per year over the past 5 years.

Accelerating Growth: LNC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: LNC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Insurance industry (33.9%).


Return on Equity

High ROE: LNC's Return on Equity (17.9%) is considered low.


Return on Assets


Return on Capital Employed


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