Lincoln National (LNC-PD) Net Margin (2009 - 2026)
Lincoln National (LNC-PD) reported Net Margin of 3.88% for Q1 2026, up 1223.0% on a YoY basis from 0.29% in Q1 2025, and down 125.72% quarter-over-quarter from 15.1% in Q4 2025.
Lincoln National (LNC-PD) Net Margin (2009 - 2026) Analysis & Trends
Lincoln National has reported Net Margin for 18 years, with the latest figure at 3.88% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 1223.0% year-over-year to 3.88%; the trailing twelve-month figure through Mar 2026 stood at 8.69% (up 216.0% YoY), and the FY2025 full-year result was 5.96%, down 1130.0% from the prior year.
- Net Margin for Q1 2026 stood at 3.88%, down from 15.1% in the prior quarter.
- The five-year high for Net Margin was 100.34% in Q1 2022, with the low at 178.25% in Q4 2023.
- Historically, Net Margin has averaged 2.41% across 5 years, with a median of 15.1% in 2025.
- Annual changes were most pronounced in 2023 — Net Margin plunged 17960 bps — and 2024, when it soared 21136 bps.
- Lincoln National's Net Margin stood at 1.34% in 2022, then tumbled by 13376 bps to 178.25% in 2023, then surged by 119 bps to 33.11% in 2024, then plunged by 54 bps to 15.1% in 2025, then tumbled by 126 bps to 3.88% in 2026.
- The last three Net Margin figures came in at 3.88% (Q1 2026), 15.1% (Q4 2025), and 9.02% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Manulife Financial | 568.62 Bn | 568.62 Bn | - | - |
| 2 | Aflac | 59.20 Bn | 53.55 Bn | 1.48 Bn | 30.79% |
| 3 | Metlife | 55.45 Bn | 39.51 Bn | 256.00 Mn | 9.41% |
| 4 | Unum | 14.44 Bn | 4.48 Bn | 1.40 Bn | 6.91% |
| 5 | Globe Life | 12.48 Bn | 11.80 Bn | 1.45 Bn | 17.35% |
| 6 | Primerica | 8.62 Bn | 8.62 Bn | 770.81 Mn | 21.78% |
| 7 | Jackson Financial | 7.51 Bn | 1.67 Bn | - | -1,553.57% |
| 8 | Lincoln National | 6.79 Bn | -8.89 Bn | 3.25 Bn | -3.88% |
| 9 | CNO Financial | 4.58 Bn | 4.24 Bn | 754.30 Mn | 3.66% |
| 10 | Lincoln National | - | - | 3.25 Bn | -3.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.88% |
| Dec 31, 2025 | 15.10% |
| Sep 30, 2025 | 9.02% |
| Jun 30, 2025 | 17.01% |
| Mar 31, 2025 | -16.12% |
| Dec 31, 2024 | 33.11% |
| Sep 30, 2024 | -13.67% |
| Jun 30, 2024 | 17.16% |
| Mar 31, 2024 | 28.86% |
| Dec 31, 2023 | -178.25% |
| Sep 30, 2023 | 19.49% |
| Jun 30, 2023 | 17.14% |
| Mar 31, 2023 | -23.75% |
| Dec 31, 2022 | 1.34% |
| Sep 30, 2022 | -38.01% |
| Jun 30, 2022 | 56.07% |
| Mar 31, 2022 | 100.34% |
| Dec 31, 2021 | 49.89% |
| Sep 30, 2021 | 6.03% |
| Jun 30, 2021 | 45.94% |