Lincoln National (LNC) Amortization of Deferred Charges (2009 - 2024)
Lincoln National's (LNC) quarterly Amortization of Deferred Charges came in at -$12.0 million in 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.
Analysis
Lincoln National (LNC) Amortization of Deferred Charges (2009 - 2024) Analysis & Trends
Lincoln National (LNC) has reported Amortization of Deferred Charges for 16 consecutive years, with -$12.0 million the latest figure, recorded in Q2 2024.
- For the quarter ending Q2 2024, Amortization of 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 of Deferred Charges steadied at -$12.0 million in Q2 2024 per LNC's latest filing, from -$12.0 million in the prior quarter.
- Across five years, Amortization of Deferred Charges topped out at $15.0 million in Q3 2023 and bottomed at -$12.0 million in Q1 2024.
- Historically, Amortization of Deferred Charges has averaged $7.5 million across 5 years, with a median of $9.5 million in 2020.
- The sharpest annual moves came in 2023 and 2024: Amortization of Deferred Charges surged 50.0% in 2023, then slumped 233.33% in 2024.
- Over 5 years, Amortization of Deferred Charges stood at $9.0 million in 2020, then increased by 22.22% to $11.0 million in 2021, then fell by 9.09% to $10.0 million in 2022, then plunged by 60.0% to $4.0 million in 2023, then slumped by 400.0% to -$12.0 million in 2024.
- According to Business Quant data, Amortization of Deferred Charges over the past three periods registered -$12.0 million, -$12.0 million, and $4.0 million for Q2 2024, Q1 2024, and Q4 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Manulife Financial | 75.56 Bn | 76.77 Bn | - |
| 2 | Metlife | 61.89 Bn | 34.88 Bn | 7.82 Bn |
| 3 | Sun Life Financial | 45.01 Bn | 40.41 Bn | - |
| 4 | Globe Life | 16.00 Bn | 15.24 Bn | 801.48 Mn |
| 5 | Equitable Holdings | 14.74 Bn | -2.55 Bn | 1.22 Bn |
| 6 | Brookfield Wealth Solutions | 12.45 Bn | 11.71 Mn | 1.92 Bn |
| 7 | Corebridge Financial | 9.60 Bn | -296.03 Bn | 2.79 Bn |
| 8 | Jackson Financial | 9.04 Bn | 3.56 Bn | - |
| 9 | Primerica | 8.98 Bn | 8.35 Bn | 717.74 Mn |
| 10 | Lincoln National | 8.08 Bn | -3.60 Bn | 2.62 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | -12.00 Mn |
| Mar 31, 2024 | -12.00 Mn |
| Dec 31, 2023 | 4.00 Mn |
| Sep 30, 2023 | 15.00 Mn |
| Jun 30, 2023 | 9.00 Mn |
| Mar 31, 2023 | 9.00 Mn |
| Dec 31, 2022 | 10.00 Mn |
| Sep 30, 2022 | 10.00 Mn |
| Jun 30, 2022 | 11.00 Mn |
| Mar 31, 2022 | 11.00 Mn |
| Dec 31, 2021 | 11.00 Mn |
| Sep 30, 2021 | 9.00 Mn |
| Jun 30, 2021 | 9.00 Mn |
| Mar 31, 2021 | 9.00 Mn |
| Dec 31, 2020 | 9.00 Mn |
| Sep 30, 2020 | 11.00 Mn |
| Jun 30, 2020 | 11.00 Mn |
| Mar 31, 2020 | 11.00 Mn |
| Dec 31, 2019 | 8.00 Mn |
| Sep 30, 2019 | 8.00 Mn |