Lincoln National (LNC-PD) Free Cash Flow (2009 - 2026)
Lincoln National (LNC-PD) reported Free Cash Flow of $138.0 million for Q1 2026, up 150.74% on a YoY basis from $55.0 million in Q1 2025, and down 40.77% quarter-over-quarter from $233.0 million in Q4 2025.
Lincoln National (LNC-PD) Free Cash Flow (2009 - 2026) Analysis & Trends
Lincoln National has reported Free Cash Flow for 18 years, with the latest figure at $138.0 million in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow rose 150.74% year-over-year to $138.0 million; the trailing twelve-month figure through Mar 2026 stood at $243.0 million (up 125.96% YoY), and the FY2025 full-year result was -$167.0 million, up 91.68% from the prior year.
- Free Cash Flow for Q1 2026 stood at $138.0 million, down from $233.0 million in the prior quarter.
- The five-year high for Free Cash Flow was $1.9 billion in Q2 2022, with the low at -$1.9 billion in Q4 2023.
- Historically, Free Cash Flow has averaged -$29.5 million across 5 years, with a median of $138.0 million in 2026.
- Annual changes were most pronounced in 2022 — Free Cash Flow jumped 360.73% — and 2025, when it tumbled 4125.93%.
- Lincoln National's Free Cash Flow stood at $594.0 million in 2022, then sank by 414.48% to -$1.9 billion in 2023, then soared by 111.88% to $222.0 million in 2024, then gained by 4.95% to $233.0 million in 2025, then slumped by 40.77% to $138.0 million in 2026.
- The last three Free Cash Flow figures came in at $138.0 million (Q1 2026), $233.0 million (Q4 2025), and -$1.1 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Manulife Financial | 568.62 Bn | 568.62 Bn | - | 2.58 Bn |
| 2 | Aflac | 59.20 Bn | 53.55 Bn | 1.48 Bn | 968.00 Mn |
| 3 | Metlife | 55.45 Bn | 39.51 Bn | 256.00 Mn | 2.69 Bn |
| 4 | Unum | 14.44 Bn | 4.48 Bn | 1.40 Bn | 301.20 Mn |
| 5 | Globe Life | 12.48 Bn | 11.80 Bn | 1.45 Bn | 396.03 Mn |
| 6 | Primerica | 8.62 Bn | 8.62 Bn | 770.81 Mn | 156.79 Mn |
| 7 | Jackson Financial | 7.51 Bn | 1.67 Bn | - | 321.00 Mn |
| 8 | Lincoln National | 6.79 Bn | -8.89 Bn | 3.25 Bn | 138.00 Mn |
| 9 | CNO Financial | 4.58 Bn | 4.24 Bn | 754.30 Mn | 148.80 Mn |
| 10 | Lincoln National | - | - | 3.25 Bn | 138.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 138.00 Mn |
| Mar 31, 2026 | 138.00 Mn |
| Dec 31, 2025 | 233.00 Mn |
| Dec 31, 2025 | 233.00 Mn |
| Sep 30, 2025 | -1.14 Bn |
| Sep 30, 2025 | -1.14 Bn |
| Jun 30, 2025 | 1.01 Bn |
| Jun 30, 2025 | 1.01 Bn |
| Mar 31, 2025 | -272.00 Mn |
| Mar 31, 2025 | -272.00 Mn |
| Dec 31, 2024 | 222.00 Mn |
| Dec 31, 2024 | 222.00 Mn |
| Sep 30, 2024 | -27.00 Mn |
| Sep 30, 2024 | -27.00 Mn |
| Jun 30, 2024 | -859.00 Mn |
| Jun 30, 2024 | -859.00 Mn |
| Mar 31, 2024 | -1.34 Bn |
| Mar 31, 2024 | -1.34 Bn |
| Dec 31, 2023 | -1.87 Bn |
| Dec 31, 2023 | -1.87 Bn |