Lincoln National (LNC-PD) Debt to Equity (2009 - 2026)
Lincoln National (LNC-PD) reported Debt to Equity of $0.04 for Q1 2026, down 93.18% quarter-over-quarter from $0.57 in Q4 2025.
Lincoln National (LNC-PD) Debt to Equity (2009 - 2026) Analysis & Trends
Lincoln National has reported Debt to Equity for 18 years, with the latest figure at $0.04 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity changed N/A year-over-year to $0.04; the trailing twelve-month figure through Mar 2026 stood at $0.04 (changed N/A YoY), and the FY2025 full-year result was $0.57, up 147.0% from the prior year.
- Debt to Equity for Q1 2026 stood at $0.04, down from $0.57 in the prior quarter.
- The five-year high for Debt to Equity was $2.32 in Q3 2022, with the low at -$189.85 in Q4 2022.
- Historically, Debt to Equity has averaged -$13.1 across 5 years, with a median of $0.33 in 2024.
- The largest YoY upside for Debt to Equity was 641.68% in 2022 against a maximum downside of 57170.51% in 2022.
- Lincoln National's Debt to Equity stood at -$189.85 in 2022, then soared by 100.45% to $0.86 in 2023, then plunged by 241.64% to -$1.22 in 2024, then jumped by 147.0% to $0.57 in 2025, then tumbled by 93.18% to $0.04 in 2026.
- The last three Debt to Equity figures came in at $0.04 (Q1 2026), $0.57 (Q4 2025), and -$1.22 (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Manulife Financial | 568.62 Bn | 568.62 Bn | - | 0.12 |
| 2 | Aflac | 59.20 Bn | 53.55 Bn | 1.48 Bn | - |
| 3 | Metlife | 55.45 Bn | 39.51 Bn | 256.00 Mn | 0.20 |
| 4 | Unum | 14.44 Bn | 4.48 Bn | 1.40 Bn | 0.35 |
| 5 | Globe Life | 12.48 Bn | 11.80 Bn | 1.45 Bn | 0.46 |
| 6 | Primerica | 8.62 Bn | 8.62 Bn | 770.81 Mn | - |
| 7 | Jackson Financial | 7.51 Bn | 1.67 Bn | - | 0.05 |
| 8 | Lincoln National | 6.79 Bn | -8.89 Bn | 3.25 Bn | 0.04 |
| 9 | CNO Financial | 4.58 Bn | 4.24 Bn | 754.30 Mn | - |
| 10 | Lincoln National | - | - | 3.25 Bn | 0.04 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.04 |
| Dec 31, 2025 | 0.57 |
| Dec 31, 2024 | -1.22 |
| Sep 30, 2024 | 0.03 |
| Jun 30, 2024 | 0.07 |
| Mar 31, 2024 | 0.09 |
| Dec 31, 2023 | 0.86 |
| Sep 30, 2023 | 1.85 |
| Jun 30, 2023 | -1.26 |
| Mar 31, 2023 | 1.42 |
| Dec 31, 2022 | -189.85 |
| Sep 30, 2022 | 2.32 |
| Jun 30, 2022 | 0.92 |
| Mar 31, 2022 | 0.70 |
| Dec 31, 2021 | 0.33 |
| Sep 30, 2021 | 0.31 |
| Jun 30, 2021 | 0.31 |
| Mar 31, 2021 | 0.34 |
| Sep 30, 2020 | 0.31 |
| Jun 30, 2020 | 0.92 |