Lincoln National (LNC-PD) EBITDA Margin (2009 - 2026)
Lincoln National (LNC-PD) reported EBITDA Margin of 10.95% for Q1 2026, down 1112.0% on a YoY basis from 1.08% in Q1 2025, and down 200.74% quarter-over-quarter from 10.87% in Q4 2025.
Lincoln National (LNC-PD) EBITDA Margin (2009 - 2026) Analysis & Trends
Lincoln National has reported EBITDA Margin for 18 years, with the latest figure at 10.95% in Q1 2026.
- For the quarter ending Q1 2026, EBITDA Margin fell 1112.0% year-over-year to 10.95%; the trailing twelve-month figure through Mar 2026 stood at 8.31% (up 318.0% YoY), and the FY2025 full-year result was 11.83%, up 253.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 10.95%, down from 10.87% in the prior quarter.
- The five-year high for EBITDA Margin was 539.2% in Q4 2023, with the low at 351.18% in Q1 2022.
- Historically, EBITDA Margin has averaged 9.91% across 5 years, with a median of 9.26% in 2024.
- Annual changes were most pronounced in 2023 — EBITDA Margin surged 47648 bps — and 2024, when it plunged 55238 bps.
- Lincoln National's EBITDA Margin stood at 62.72% in 2022, then jumped by 760 bps to 539.2% in 2023, then sank by 102 bps to 13.18% in 2024, then jumped by 182 bps to 10.87% in 2025, then tumbled by 201 bps to 10.95% in 2026.
- The last three EBITDA Margin figures came in at 10.95% (Q1 2026), 10.87% (Q4 2025), and 21.91% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Manulife Financial | 568.62 Bn | 568.62 Bn | - | - |
| 2 | Aflac | 59.20 Bn | 53.55 Bn | 1.48 Bn | 28.88% |
| 3 | Metlife | 55.45 Bn | 39.51 Bn | 256.00 Mn | 0.35% |
| 4 | Unum | 14.44 Bn | 4.48 Bn | 1.40 Bn | 14.41% |
| 5 | Globe Life | 12.48 Bn | 11.80 Bn | 1.45 Bn | 18.58% |
| 6 | Primerica | 8.62 Bn | 8.62 Bn | 770.81 Mn | 4.96% |
| 7 | Jackson Financial | 7.51 Bn | 1.67 Bn | - | 2,642.86% |
| 8 | Lincoln National | 6.79 Bn | -8.89 Bn | 3.25 Bn | -10.95% |
| 9 | CNO Financial | 4.58 Bn | 4.24 Bn | 754.30 Mn | 3.69% |
| 10 | Lincoln National | - | - | 3.25 Bn | -10.95% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -10.95% |
| Dec 31, 2025 | 10.87% |
| Sep 30, 2025 | 21.91% |
| Jun 30, 2025 | 15.16% |
| Mar 31, 2025 | 0.17% |
| Dec 31, 2024 | -13.18% |
| Sep 30, 2024 | 28.19% |
| Jun 30, 2024 | 9.26% |
| Mar 31, 2024 | 18.15% |
| Dec 31, 2023 | 539.20% |
| Sep 30, 2023 | -60.03% |
| Jun 30, 2023 | -28.64% |
| Mar 31, 2023 | 45.02% |
| Dec 31, 2022 | 62.72% |
| Sep 30, 2022 | -137.76% |
| Jun 30, 2022 | -317.42% |
| Mar 31, 2022 | -351.18% |
| Dec 31, 2021 | 21.14% |
| Sep 30, 2021 | -5.99% |
| Jun 30, 2021 | 168.30% |