GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
L

Lincoln National LNC · USD

Financials · US listing · 🇺🇸 United States

Compare

42.98

+7.32%

Close of 9 Nov 2026, in USD

Search any instrument

Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

Lincoln National annual report

Filed with the US Securities and Exchange Commission

10-K

The latest annual report covers the year to 31 Dec 2025, filed on 19 Feb 2026.

Read the 10-K on SEC.gov ↗

Five-year highlights

In USD.

FY2025FY2024FY2023FY2022FY2021
Revenue, before interest expense$18.21bn$17.99bn$11.71bn$18.78bn$17.61bn
Operating income$972.0m$4.28bn−$817.0m−$2.81bn$4.91bn
Net income$1.18bn$3.27bn−$752.0m−$2.23bn$3.78bn
Total assets$417.20bn$390.83bn$372.41bn$334.33bn$391.57bn
Shareholders' equity$10.91bn$8.27bn$6.89bn$5.10bn$20.27bn

Revenue by business

Year to 31 Dec 2022

  • The Life segment offers wealth protection and transfer opportunities through term insurance, a linked-benefit product (which is a UL policy linked with riders that provide for long-term care costs) and both single and survivorship versions of UL and VUL, including corporate-owned UL and VUL insurance and bank-owned UL and VUL insurance products. $7.16bn · 38.1%
  • The Group Protection segment offers group life, disability and dental insurance to employers. $5.30bn · 28.2%
  • The Annuities segment provides tax-deferred investment growth and lifetime income opportunities for its clients by offering individual fixed annuities, including indexed annuities and variable annuities. $4.77bn · 25.4%
  • Retirement Plan Services segment provides employer-sponsored variable and fixed annuities, defined benefit, individual retirement accounts and mutual-fund based programs in the retirement plan marketplaces. $1.27bn · 6.8%
  • Other Operations includes investments related to the excess capital in our insurance subsidiaries; investments in media properties and other corporate investments; benefit plan net liability; the unamortized deferred gain on indemnity reinsurance; the results of certain disability income business due to the rescission of a reinsurance agreement; the Institutional Pension business; and debt costs. $159.0m · 0.8%

Filings

Newest first, from SEC EDGAR

Sources and methodology

Data on this tab
SEC EDGAR and our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.