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
DateValue
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