Lincoln National (LNC-PD) Change in Taxes (2012 - 2026)

Lincoln National (LNC-PD) reported Change in Taxes of -$74.0 million for Q1 2026, up 67.4% on a YoY basis from -$44.2 million in Q1 2025, and down 155.64% quarter-over-quarter from $133.0 million in Q4 2025.

Lincoln National (LNC-PD) Change in Taxes (2012 - 2026) Analysis & Trends

Lincoln National has reported Change in Taxes for 15 years, with the latest figure at -$74.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Change in Taxes rose 67.4% year-over-year to -$74.0 million; the trailing twelve-month figure through Mar 2026 stood at $230.0 million (up 7.48% YoY), and the FY2025 full-year result was $77.0 million, down 89.69% from the prior year.
  • Change in Taxes for Q1 2026 stood at -$74.0 million, down from $133.0 million in the prior quarter.
  • The five-year high for Change in Taxes was $413.0 million in Q4 2024, with the low at -$379.0 million in Q4 2023.
  • Historically, Change in Taxes has averaged $45.6 million across 5 years, with a median of $104.0 million in 2025.
  • The largest YoY upside for Change in Taxes was 1062.86% in 2022 against a maximum downside of 814.29% in 2022.
  • Lincoln National's Change in Taxes stood at $172.0 million in 2022, then plunged by 320.35% to -$379.0 million in 2023, then soared by 208.97% to $413.0 million in 2024, then plunged by 67.8% to $133.0 million in 2025, then tumbled by 155.64% to -$74.0 million in 2026.
  • The last three Change in Taxes figures came in at -$74.0 million (Q1 2026), $133.0 million (Q4 2025), and $67.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Manulife Financial 568.62 Bn 568.62 Bn - -
2 Aflac 59.20 Bn 53.55 Bn 1.48 Bn 224.00 Mn
3 Metlife 55.45 Bn 39.51 Bn 256.00 Mn -
4 Unum 14.44 Bn 4.48 Bn 1.40 Bn 71.20 Mn
5 Globe Life 12.48 Bn 11.80 Bn 1.45 Bn -
6 Primerica 8.62 Bn 8.62 Bn 770.81 Mn -52.09 Mn
7 Jackson Financial 7.51 Bn 1.67 Bn - -
8 Lincoln National 6.79 Bn -8.89 Bn 3.25 Bn -74.00 Mn
9 CNO Financial 4.58 Bn 4.24 Bn 754.30 Mn -
10 Lincoln National - - 3.25 Bn -74.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -74.00 Mn
Mar 31, 2026 -74.00 Mn
Dec 31, 2025 133.00 Mn
Dec 31, 2025 133.00 Mn
Sep 30, 2025 67.00 Mn
Sep 30, 2025 67.00 Mn
Jun 30, 2025 104.00 Mn
Jun 30, 2025 104.00 Mn
Mar 31, 2025 -227.00 Mn
Mar 31, 2025 -227.00 Mn
Dec 31, 2024 413.00 Mn
Dec 31, 2024 413.00 Mn
Sep 30, 2024 -175.00 Mn
Sep 30, 2024 -175.00 Mn
Jun 30, 2024 203.00 Mn
Jun 30, 2024 203.00 Mn
Mar 31, 2024 306.00 Mn
Mar 31, 2024 306.00 Mn
Dec 31, 2023 -379.00 Mn
Dec 31, 2023 -379.00 Mn