Lincoln National (LNC-PD) FCF Margin (2009 - 2026)
Lincoln National (LNC-PD) reported FCF Margin of 2.6% for Q1 2026, up 840.0% on a YoY basis from 0.28% in Q1 2025, and down 45.06% quarter-over-quarter from 4.73% in Q4 2025.
Lincoln National (LNC-PD) FCF Margin (2009 - 2026) Analysis & Trends
Lincoln National has reported FCF Margin for 18 years, with the latest figure at 2.6% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin rose 840.0% year-over-year to 2.6%; the trailing twelve-month figure through Mar 2026 stood at 1.29% (up 621.0% YoY), and the FY2025 full-year result was 0.92%, up 997.0% from the prior year.
- FCF Margin for Q1 2026 stood at 2.6%, down from 4.73% in the prior quarter.
- The five-year high for FCF Margin was 126.1% in Q2 2022, with the low at 267.24% in Q4 2023.
- Historically, FCF Margin has averaged 6.03% across 5 years, with a median of 2.6% in 2026.
- Annual changes were most pronounced in 2023 — FCF Margin plunged 30522 bps — and 2024, when it surged 27162 bps.
- Lincoln National's FCF Margin stood at 37.98% in 2022, then sank by 804 bps to 267.24% in 2023, then jumped by 102 bps to 4.39% in 2024, then rose by 8 bps to 4.73% in 2025, then sank by 45 bps to 2.6% in 2026.
- The last three FCF Margin figures came in at 2.6% (Q1 2026), 4.73% (Q4 2025), and 25.05% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Manulife Financial | 568.62 Bn | 568.62 Bn | - | - |
| 2 | Aflac | 59.20 Bn | 53.55 Bn | 1.48 Bn | 29.24% |
| 3 | Metlife | 55.45 Bn | 39.51 Bn | 256.00 Mn | 22.17% |
| 4 | Unum | 14.44 Bn | 4.48 Bn | 1.40 Bn | 8.98% |
| 5 | Globe Life | 12.48 Bn | 11.80 Bn | 1.45 Bn | 25.39% |
| 6 | Primerica | 8.62 Bn | 8.62 Bn | 770.81 Mn | 17.97% |
| 7 | Jackson Financial | 7.51 Bn | 1.67 Bn | - | 1,146.43% |
| 8 | Lincoln National | 6.79 Bn | -8.89 Bn | 3.25 Bn | 2.60% |
| 9 | CNO Financial | 4.58 Bn | 4.24 Bn | 754.30 Mn | 14.45% |
| 10 | Lincoln National | - | - | 3.25 Bn | 2.60% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.60% |
| Dec 31, 2025 | 4.73% |
| Sep 30, 2025 | -25.05% |
| Jun 30, 2025 | 25.05% |
| Mar 31, 2025 | -5.80% |
| Dec 31, 2024 | 4.39% |
| Sep 30, 2024 | -0.66% |
| Jun 30, 2024 | -16.67% |
| Mar 31, 2024 | -32.63% |
| Dec 31, 2023 | -267.24% |
| Sep 30, 2023 | 1.09% |
| Jun 30, 2023 | 17.82% |
| Mar 31, 2023 | -20.29% |
| Dec 31, 2022 | 37.98% |
| Sep 30, 2022 | 13.91% |
| Jun 30, 2022 | 126.10% |
| Mar 31, 2022 | 32.23% |
| Dec 31, 2021 | -24.10% |
| Sep 30, 2021 | 6.45% |
| Jun 30, 2021 | 29.20% |