Lincoln National LNC
NYSE LNC
$40.91 +0.03 (+0.07%)
As of: Sep 29, 2026 · 3:59 PM EDT

Lincoln National (LNC) EBT Margin (2009 - 2026)

Updated

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.

Analysis

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 Set

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

Historic Data

Download Data
DateValue
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%
API Access

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