Lincoln National (LNC) Amortization - Deferred Charges (2009 - 2024)
Lincoln National (LNC) reported Amortization - Deferred Charges of -$12.0 million for Q2 2024, down 233.33% on a YoY basis from $9.0 million in Q3 2023, and little changed quarter-over-quarter from -$12.0 million in Q1 2024.
Lincoln National (LNC) Amortization - Deferred Charges (2009 - 2024) Analysis & Trends
Lincoln National has reported Amortization - Deferred Charges for 16 years, with the latest figure at -$12.0 million in Q2 2024.
- For the quarter ending Q2 2024, Amortization - Deferred Charges fell 233.33% year-over-year to -$12.0 million; the trailing twelve-month figure through Jun 2024 stood at -$5.0 million (down 113.16% YoY), and the FY2023 full-year result was $38.0 million, down 9.52% from the prior year.
- Amortization - Deferred Charges for Q2 2024 stood at -$12.0 million, roughly flat from -$12.0 million in the prior quarter.
- The five-year high for Amortization - Deferred Charges was $15.0 million in Q3 2023, with the low at -$12.0 million in Q1 2024.
- Historically, Amortization - Deferred Charges has averaged $7.5 million across 5 years, with a median of $9.5 million in 2020.
- Annual changes were most pronounced in 2023 — Amortization - Deferred Charges jumped 50.0% — and 2024, when it sank 233.33%.
- Lincoln National's Amortization - Deferred Charges stood at $9.0 million in 2020, then climbed by 22.22% to $11.0 million in 2021, then dropped by 9.09% to $10.0 million in 2022, then slumped by 60.0% to $4.0 million in 2023, then plunged by 400.0% to -$12.0 million in 2024.
- The last three Amortization - Deferred Charges figures came in at -$12.0 million (Q2 2024), -$12.0 million (Q1 2024), and $4.0 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Amortization - Deferred Charges (Qtr) |
|---|---|---|---|---|---|
| 1 | Manulife Financial | 568.62 Bn | 568.62 Bn | - | - |
| 2 | Aflac | 59.20 Bn | 53.55 Bn | 1.48 Bn | 221.00 Mn |
| 3 | Metlife | 55.45 Bn | 39.51 Bn | 256.00 Mn | - |
| 4 | Unum | 14.44 Bn | 4.48 Bn | 1.40 Bn | 134.20 Mn |
| 5 | Globe Life | 12.48 Bn | 11.80 Bn | 1.45 Bn | 118.28 Mn |
| 6 | Primerica | 8.62 Bn | 8.62 Bn | 770.81 Mn | 84.26 Mn |
| 7 | Jackson Financial | 7.51 Bn | 1.67 Bn | - | - |
| 8 | Lincoln National | 6.79 Bn | -8.89 Bn | 3.25 Bn | - |
| 9 | CNO Financial | 4.58 Bn | 4.24 Bn | 754.30 Mn | 74.20 Mn |
| 10 | Prudential | 4.22 Bn | 4.22 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | -12.00 Mn |
| Jun 30, 2024 | -12.00 Mn |
| Mar 31, 2024 | -12.00 Mn |
| Mar 31, 2024 | -12.00 Mn |
| Dec 31, 2023 | 4.00 Mn |
| Dec 31, 2023 | 4.00 Mn |
| Sep 30, 2023 | 15.00 Mn |
| Sep 30, 2023 | 15.00 Mn |
| Jun 30, 2023 | 9.00 Mn |
| Jun 30, 2023 | 9.00 Mn |
| Mar 31, 2023 | 9.00 Mn |
| Mar 31, 2023 | 9.00 Mn |
| Dec 31, 2022 | 10.00 Mn |
| Dec 31, 2022 | 10.00 Mn |
| Sep 30, 2022 | 10.00 Mn |
| Sep 30, 2022 | 10.00 Mn |
| Jun 30, 2022 | 11.00 Mn |
| Jun 30, 2022 | 11.00 Mn |
| Mar 31, 2022 | 11.00 Mn |
| Mar 31, 2022 | 11.00 Mn |