Lincoln National (LNC) Asset Writedowns and Impairment (2012 - 2022)
Lincoln National's (LNC) quarterly Asset Writedowns and Impairment came in at $634.0 million in Q3 2022, up 31600.0% quarter-over-quarter from $2.0 million in Q3 2019.
Analysis
Lincoln National (LNC) Asset Writedowns and Impairment (2012 - 2022) Analysis & Trends
Lincoln National (LNC) has reported Asset Writedowns and Impairment for 9 consecutive years, with $634.0 million the latest figure, recorded in Q3 2022.
- For the quarter ending Q3 2022, Asset Writedowns and Impairment changed N/A year-over-year to $634.0 million; the trailing twelve-month figure through Dec 2022 stood at $640.0 million (changed N/A YoY), and the FY2022 full-year result was $634.0 million, changed N/A from the prior year.
- Asset Writedowns and Impairment rose to $634.0 million in Q3 2022 per LNC's latest filing, from $2.0 million in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $634.0 million in Q3 2022 and bottomed at $1.0 million in Q2 2018.
- Historically, Asset Writedowns and Impairment has averaged $81.9 million across 3 years, with a median of $2.0 million in 2018.
- The sharpest annual moves came in 2018 and 2019: Asset Writedowns and Impairment tumbled 99.78% in 2018, then surged 300.0% in 2019.
- Over 3 years, Asset Writedowns and Impairment stood at $2.0 million in 2018, then changed by 0.0% to $2.0 million in 2019, then jumped by 31600.0% to $634.0 million in 2022.
- According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $634.0 million, $2.0 million, and $4.0 million for Q3 2022, Q3 2019, and Q2 2019 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 |
|---|---|
| Sep 30, 2022 | 634.00 Mn |
| Sep 30, 2019 | 2.00 Mn |
| Jun 30, 2019 | 4.00 Mn |
| Mar 31, 2019 | 8.00 Mn |
| Dec 31, 2018 | 2.00 Mn |
| Sep 30, 2018 | 2.00 Mn |
| Jun 30, 2018 | 1.00 Mn |
| Mar 31, 2018 | 2.00 Mn |
| Dec 31, 2017 | 889.00 Mn |
| Sep 30, 2017 | 8.00 Mn |
| Jun 30, 2017 | 4.00 Mn |
| Mar 31, 2017 | 4.00 Mn |
| Dec 31, 2016 | 26.00 Mn |
| Sep 30, 2016 | 13.00 Mn |
| Jun 30, 2016 | 28.00 Mn |
| Mar 31, 2016 | 36.00 Mn |
| Dec 31, 2015 | 16.00 Mn |
| Sep 30, 2015 | 18.00 Mn |
| Jun 30, 2015 | 7.00 Mn |
| Mar 31, 2015 | 13.00 Mn |