Lincoln National (LNC-PD) Tax Rate (2009 - 2026)

Lincoln National (LNC-PD) reported Tax Rate of 30.08% for Q1 2026, up 616.0% on a YoY basis from 4.2% in Q1 2025, and up 70.96% quarter-over-quarter from 17.6% in Q4 2025.

Lincoln National (LNC-PD) Tax Rate (2009 - 2026) Analysis & Trends

Lincoln National has reported Tax Rate for 18 years, with the latest figure at 30.08% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate rose 616.0% year-over-year to 30.08%; the trailing twelve-month figure through Mar 2026 stood at 15.43% (up 170.0% YoY), and the FY2025 full-year result was 12.03%, down 654.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 30.08%, up from 17.6% in the prior quarter.
  • The five-year high for Tax Rate was 231.25% in Q4 2022, with the low at 15.08% in Q3 2025.
  • Historically, Tax Rate has averaged 32.56% across 5 years, with a median of 19.24% in 2022.
  • Annual changes were most pronounced in 2022 — Tax Rate soared 21415 bps — and 2023, when it tumbled 20777 bps.
  • Lincoln National's Tax Rate stood at 231.25% in 2022, then sank by 90 bps to 23.48% in 2023, then retreated by 16 bps to 19.67% in 2024, then fell by 11 bps to 17.6% in 2025, then soared by 71 bps to 30.08% in 2026.
  • The last three Tax Rate figures came in at 30.08% (Q1 2026), 17.6% (Q4 2025), and 15.08% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Manulife Financial 568.62 Bn 568.62 Bn - -
2 Aflac 59.20 Bn 53.55 Bn 1.48 Bn 16.82%
3 Metlife 55.45 Bn 39.51 Bn 256.00 Mn 22.89%
4 Unum 14.44 Bn 4.48 Bn 1.40 Bn 23.36%
5 Globe Life 12.48 Bn 11.80 Bn 1.45 Bn 19.04%
6 Primerica 8.62 Bn 8.62 Bn 770.81 Mn 23.78%
7 Jackson Financial 7.51 Bn 1.67 Bn - -5.00%
8 Lincoln National 6.79 Bn -8.89 Bn 3.25 Bn 30.08%
9 CNO Financial 4.58 Bn 4.24 Bn 754.30 Mn 22.11%
10 Lincoln National - - 3.25 Bn 30.08%

Historic Data

Download Data
DateValue
Mar 31, 2026 30.08%
Mar 31, 2026 30.08%
Dec 31, 2025 17.60%
Dec 31, 2025 17.60%
Sep 30, 2025 15.08%
Sep 30, 2025 15.08%
Jun 30, 2025 17.57%
Jun 30, 2025 17.57%
Mar 31, 2025 23.92%
Mar 31, 2025 23.92%
Dec 31, 2024 19.67%
Dec 31, 2024 19.67%
Sep 30, 2024 24.89%
Sep 30, 2024 24.89%
Jun 30, 2024 18.34%
Jun 30, 2024 18.34%
Mar 31, 2024 20.03%
Mar 31, 2024 20.03%
Dec 31, 2023 23.48%
Dec 31, 2023 23.48%