Lincoln National (LNC-PD) EBITDA (2009 - 2026)
Lincoln National (LNC-PD) reported EBITDA of -$581.0 million for Q1 2026, down 7362.5% on a YoY basis from $8.0 million in Q1 2025, and down 208.6% quarter-over-quarter from $535.0 million in Q4 2025.
Lincoln National (LNC-PD) EBITDA (2009 - 2026) Analysis & Trends
Lincoln National has reported EBITDA for 18 years, with the latest figure at -$581.0 million in Q1 2026.
- For the quarter ending Q1 2026, EBITDA fell 7362.5% year-over-year to -$581.0 million; the trailing twelve-month figure through Mar 2026 stood at $1.6 billion (up 60.18% YoY), and the FY2025 full-year result was $2.2 billion, up 25.66% from the prior year.
- EBITDA for Q1 2026 stood at -$581.0 million, down from $535.0 million in the prior quarter.
- The five-year high for EBITDA was $3.8 billion in Q4 2023, with the low at -$6.4 billion in Q3 2022.
- Historically, EBITDA has averaged -$587.3 million across 5 years, with a median of $477.0 million in 2024.
- Annual changes were most pronounced in 2023 — EBITDA jumped 284.2% — and 2026, when it tumbled 7362.5%.
- Lincoln National's EBITDA stood at $981.0 million in 2022, then jumped by 284.2% to $3.8 billion in 2023, then tumbled by 117.7% to -$667.0 million in 2024, then surged by 180.21% to $535.0 million in 2025, then tumbled by 208.6% to -$581.0 million in 2026.
- The last three EBITDA figures came in at -$581.0 million (Q1 2026), $535.0 million (Q4 2025), and $998.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Manulife Financial | 568.62 Bn | 568.62 Bn | - | 1.07 Bn |
| 2 | Aflac | 59.20 Bn | 53.55 Bn | 1.48 Bn | 956.00 Mn |
| 3 | Metlife | 55.45 Bn | 39.51 Bn | 256.00 Mn | 42.00 Mn |
| 4 | Unum | 14.44 Bn | 4.48 Bn | 1.40 Bn | 483.40 Mn |
| 5 | Globe Life | 12.48 Bn | 11.80 Bn | 1.45 Bn | 289.82 Mn |
| 6 | Primerica | 8.62 Bn | 8.62 Bn | 770.81 Mn | 43.28 Mn |
| 7 | Jackson Financial | 7.51 Bn | 1.67 Bn | - | 740.00 Mn |
| 8 | Lincoln National | 6.79 Bn | -8.89 Bn | 3.25 Bn | -581.00 Mn |
| 9 | CNO Financial | 4.58 Bn | 4.24 Bn | 754.30 Mn | 38.00 Mn |
| 10 | Lincoln National | - | - | 3.25 Bn | -581.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -581.00 Mn |
| Dec 31, 2025 | 535.00 Mn |
| Sep 30, 2025 | 998.00 Mn |
| Jun 30, 2025 | 613.00 Mn |
| Mar 31, 2025 | 8.00 Mn |
| Dec 31, 2024 | -667.00 Mn |
| Sep 30, 2024 | 1.16 Bn |
| Jun 30, 2024 | 477.00 Mn |
| Mar 31, 2024 | 747.00 Mn |
| Dec 31, 2023 | 3.77 Bn |
| Sep 30, 2023 | -2.52 Bn |
| Jun 30, 2023 | -839.00 Mn |
| Mar 31, 2023 | 1.72 Bn |
| Dec 31, 2022 | 981.00 Mn |
| Sep 30, 2022 | -6.44 Bn |
| Jun 30, 2022 | -4.76 Bn |
| Mar 31, 2022 | -5.19 Bn |
| Dec 31, 2021 | 300.00 Mn |
| Sep 30, 2021 | -314.00 Mn |
| Jun 30, 2021 | 2.36 Bn |