Lincoln National (LNC-PD) FCF Payout Ratio (2009 - 2026)
Lincoln National (LNC-PD) reported FCF Payout Ratio of 0.62 for Q1 2026, up 320.14% on a YoY basis from 0.15 in Q1 2025, and down 40.73% quarter-over-quarter from 1.05 in Q4 2025.
Lincoln National (LNC-PD) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Lincoln National has reported FCF Payout Ratio for 18 years, with the latest figure at 0.62 in Q1 2026.
- For the quarter ending Q1 2026, FCF Payout Ratio rose 320.14% year-over-year to 0.62; the trailing twelve-month figure through Mar 2026 stood at 1.37 (up 1513.76% YoY), and the FY2025 full-year result was 1.95, down 4192.13% from the prior year.
- FCF Payout Ratio for Q1 2026 stood at 0.62, down from 1.05 in the prior quarter.
- The five-year high for FCF Payout Ratio was 4.2 in Q3 2023, with the low at 1.26 in Q3 2024.
- Historically, FCF Payout Ratio has averaged 0.25 across 5 years, with a median of 0.02 in 2023.
- Annual changes were most pronounced in 2023 — FCF Payout Ratio surged 3441.78% — and 2025, when it plunged 393.75%.
- Lincoln National's FCF Payout Ratio stood at 0.39 in 2022, then jumped by 89.67% to 0.04 in 2023, then jumped by 221.79% to 0.05 in 2024, then surged by 2022.12% to 1.05 in 2025, then sank by 40.73% to 0.62 in 2026.
- The last three FCF Payout Ratio figures came in at 0.62 (Q1 2026), 1.05 (Q4 2025), and 0.03 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Manulife Financial | 568.62 Bn | 568.62 Bn | - | 0.00 |
| 2 | Aflac | 59.20 Bn | 53.55 Bn | 1.48 Bn | 0.31 |
| 3 | Metlife | 55.45 Bn | 39.51 Bn | 256.00 Mn | 0.02 |
| 4 | Unum | 14.44 Bn | 4.48 Bn | 1.40 Bn | 0.26 |
| 5 | Globe Life | 12.48 Bn | 11.80 Bn | 1.45 Bn | 0.05 |
| 6 | Primerica | 8.62 Bn | 8.62 Bn | 770.81 Mn | 0.24 |
| 7 | Jackson Financial | 7.51 Bn | 1.67 Bn | - | 0.03 |
| 8 | Lincoln National | 6.79 Bn | -8.89 Bn | 3.25 Bn | 0.62 |
| 9 | CNO Financial | 4.58 Bn | 4.24 Bn | 754.30 Mn | 0.11 |
| 10 | Lincoln National | - | - | 3.25 Bn | 0.62 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.62 |
| Dec 31, 2025 | 1.05 |
| Sep 30, 2025 | -0.03 |
| Jun 30, 2025 | -0.03 |
| Mar 31, 2025 | -0.28 |
| Dec 31, 2024 | 0.05 |
| Sep 30, 2024 | -1.26 |
| Jun 30, 2024 | 0.04 |
| Mar 31, 2024 | -0.06 |
| Dec 31, 2023 | -0.04 |
| Sep 30, 2023 | 4.20 |
| Jun 30, 2023 | 0.02 |
| Mar 31, 2023 | -0.03 |
| Dec 31, 2022 | -0.39 |
| Sep 30, 2022 | 0.12 |
| Jun 30, 2022 | 0.04 |
| Mar 31, 2022 | 0.17 |
| Dec 31, 2021 | -2.63 |
| Sep 30, 2021 | 0.24 |
| Jun 30, 2021 | 0.20 |