Lincoln National (LNC-PD) Invested Capital (2009 - 2026)

Lincoln National (LNC-PD) reported Invested Capital of $16.2 billion for Q1 2026, up 15.08% on a YoY basis from $14.1 billion in Q1 2025, and down 3.52% quarter-over-quarter from $16.8 billion in Q4 2025.

Lincoln National (LNC-PD) Invested Capital (2009 - 2026) Analysis & Trends

Lincoln National has reported Invested Capital for 18 years, with the latest figure at $16.2 billion in Q1 2026.

  • For the quarter ending Q1 2026, Invested Capital rose 15.08% year-over-year to $16.2 billion; the trailing twelve-month figure through Mar 2026 stood at $16.2 billion (up 15.08% YoY), and the FY2025 full-year result was $16.8 billion, up 433.04% from the prior year.
  • Invested Capital for Q1 2026 stood at $16.2 billion, down from $16.8 billion in the prior quarter.
  • The five-year high for Invested Capital was $16.8 billion in Q4 2025, with the low at -$5.0 billion in Q4 2024.
  • Historically, Invested Capital has averaged $7.9 billion across 5 years, with a median of $9.3 billion in 2022.
  • The largest YoY upside for Invested Capital was 2602.15% in 2023 against a maximum downside of 165.17% in 2023.
  • Lincoln National's Invested Capital stood at $466.0 million in 2022, then soared by 2602.15% to $12.6 billion in 2023, then tumbled by 139.99% to -$5.0 billion in 2024, then jumped by 433.04% to $16.8 billion in 2025, then fell by 3.52% to $16.2 billion in 2026.
  • The last three Invested Capital figures came in at $16.2 billion (Q1 2026), $16.8 billion (Q4 2025), and $16.2 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Manulife Financial 568.62 Bn 568.62 Bn - 38.69 Bn
2 Aflac 59.20 Bn 53.55 Bn 1.48 Bn 37.87 Bn
3 Metlife 55.45 Bn 39.51 Bn 256.00 Mn 42.04 Bn
4 Unum 14.44 Bn 4.48 Bn 1.40 Bn 10.89 Bn
5 Globe Life 12.48 Bn 11.80 Bn 1.45 Bn 6.23 Bn
6 Primerica 8.62 Bn 8.62 Bn 770.81 Mn 2.52 Bn
7 Jackson Financial 7.51 Bn 1.67 Bn - 11.93 Bn
8 Lincoln National 6.79 Bn -8.89 Bn 3.25 Bn 16.18 Bn
9 CNO Financial 4.58 Bn 4.24 Bn 754.30 Mn 2.50 Bn
10 Lincoln National - - 3.25 Bn 16.18 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 16.18 Bn
Dec 31, 2025 16.77 Bn
Sep 30, 2025 16.22 Bn
Jun 30, 2025 1.38 Bn
Mar 31, 2025 14.06 Bn
Dec 31, 2024 -5.04 Bn
Sep 30, 2024 14.91 Bn
Jun 30, 2024 12.41 Bn
Mar 31, 2024 11.61 Bn
Dec 31, 2023 12.59 Bn
Sep 30, 2023 3.20 Bn
Jun 30, 2023 -4.60 Bn
Mar 31, 2023 5.06 Bn
Dec 31, 2022 466.00 Mn
Sep 30, 2022 3.28 Bn
Jun 30, 2022 7.07 Bn
Mar 31, 2022 9.35 Bn
Dec 31, 2021 20.22 Bn
Sep 30, 2021 21.47 Bn
Jun 30, 2021 22.04 Bn