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
DateValue
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%