Lincoln National (LNC) EBT Margin (2009 - 2026)
Lincoln National (LNC) reported EBT Margin of 36.17% for Q2 2026, up 15.20 percentage points from 20.97% a year earlier and up 40.81 percentage points from the prior quarter.
Lincoln National (LNC) EBT Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Lincoln National's EBT Margin came in at 14.68%, up 7.44 percentage points year-over-year; for FY2025, it came in at 7.35%, down 14.46 percentage points from FY2024.
- EBT Margin has a five-year change of +4.92 percentage points (FY2020 to FY2025).
- By year, EBT Margin came in at 21.81% in FY2024 (+31.67 pp), -9.86% in FY2023 (-19.03 pp), 9.17% in FY2022 (-17.04 pp) and 26.21% in FY2021 (+23.78 pp).
- The Q2 2026 figure ranks as the highest quarterly EBT Margin since Q4 2024.
- Year over year, EBT Margin gained in four of the last eight quarters, with an average year-over-year change of +26.19 percentage points.
- The high point for year-over-year EBT Margin in five years was Q4 2024 (a gain of 272.39 percentage points); the low point was Q4 2023 (a drop of 230.52 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -4.64% (Q1 2026), 18.59% (Q4 2025) and 11.50% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.69 Bn | -333.79 Bn | 55.86 Bn | 31.49% |
| 2 | Chubb | 127.81 Bn | 79.86 Bn | 9.13 Bn | 22.91% |
| 3 | Progressive | 121.79 Bn | 97.63 Bn | 9.04 Bn | 17.83% |
| 4 | Marsh & Mclennan Companies | 80.80 Bn | 72.54 Bn | - | 22.99% |
| 5 | Travelers Companies | 75.76 Bn | 52.01 Bn | 6.23 Bn | 22.77% |
| 6 | Manulife Financial | 74.06 Bn | 75.27 Bn | - | 13.82% |
| 7 | Metlife | 61.12 Bn | -45.36 Bn | 7.82 Bn | 5.40% |
| 8 | Arthur J. Gallagher | 58.82 Bn | 53.25 Bn | - | 10.34% |
| 9 | Allstate | 57.81 Bn | 19.06 Bn | 8.73 Bn | 22.27% |
| 10 | Lincoln National | 7.82 Bn | -36.45 Bn | 2.62 Bn | 36.17% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.17% |
| Mar 31, 2026 | -4.64% |
| Dec 31, 2025 | 18.59% |
| Sep 30, 2025 | 11.50% |
| Jun 30, 2025 | 20.97% |
| Mar 31, 2025 | -20.23% |
| Dec 31, 2024 | 41.49% |
| Sep 30, 2024 | -17.10% |
| Jun 30, 2024 | 21.27% |
| Mar 31, 2024 | 37.12% |
| Dec 31, 2023 | -230.90% |
| Sep 30, 2023 | 24.60% |
| Jun 30, 2023 | 20.55% |
| Mar 31, 2023 | -30.68% |
| Dec 31, 2022 | -0.38% |
| Sep 30, 2022 | -45.51% |
| Jun 30, 2022 | 18.50% |
| Mar 31, 2022 | 38.88% |
| Dec 31, 2021 | 16.33% |
| Sep 30, 2021 | 6.99% |
Lincoln National EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=LNC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "LNC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=LNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();