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
DateValue
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