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

Lincoln National (LNC) posted FCF Margin of 2.6% for Q1 2026, down 45.06% on a QoQ basis from 4.73% in Q4 2025, and up 840.0% year-over-year from 0.28% in Q1 2025.

Lincoln National (LNC) FCF Margin (2009 - 2026) Analysis & Trends

Lincoln National's FCF Margin history runs 18 years deep, the most recent figure standing at 2.6% for Q1 2026.

  • Quarterly FCF Margin rose 840.0% year-over-year to 2.6% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.29% (up 621.0% YoY) and the FY2025 annual result came in at 0.92%, up 997.0% from the prior year.
  • FCF Margin was 2.6% for Q1 2026 at Lincoln National, down from 4.73% in the prior quarter.
  • Across five years, FCF Margin topped out at 33.87% in Q2 2022 and bottomed at 267.24% in Q4 2023.
  • A 5-year average of 14.16% and a median of 2.6% in 2026 frame the typical range for FCF Margin.
  • Annual changes were most pronounced in 2023 — FCF Margin sank 28131 bps — and 2024, when it surged 27162 bps.
  • Lincoln National's FCF Margin stood at 14.07% in 2022, then tumbled by 1999 bps to 267.24% in 2023, then soared by 102 bps to 4.39% in 2024, then advanced by 8 bps to 4.73% in 2025, then tumbled by 45 bps to 2.6% in 2026.
  • Business Quant data shows LNC's FCF Margin at 2.6% in Q1 2026, 4.73% in Q4 2025, and 25.05% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Prudential 75.05 Bn 67.97 Bn - -
2 Aflac 63.80 Bn 58.14 Bn 2.51 Bn 22.27%
3 Metlife 60.34 Bn 44.39 Bn 256.00 Mn 22.17%
4 Manulife Financial 52.65 Bn 53.78 Bn - -
5 Unum 14.19 Bn 4.23 Bn 1.40 Bn 8.98%
6 Primerica 9.76 Bn 9.08 Bn 770.81 Mn 17.97%
7 Jackson Financial 8.17 Bn 3.03 Bn - 11.06%
8 Lincoln National 7.81 Bn -1.09 Bn 3.25 Bn 2.60%
9 F&G Annuities & Life 3.87 Bn 1.67 Bn 1.15 Bn 62.43%
10 Genworth Financial 3.84 Bn 2.75 Bn 553.00 Mn 5.12%

Historic Data

Download Data
DateValue
Mar 31, 2026 2.60%
Dec 31, 2025 4.73%
Sep 30, 2025 -25.05%
Jun 30, 2025 25.05%
Mar 31, 2025 -5.80%
Dec 31, 2024 4.39%
Sep 30, 2024 -0.66%
Jun 30, 2024 -16.67%
Mar 31, 2024 -32.63%
Dec 31, 2023 -267.24%
Sep 30, 2023 1.09%
Jun 30, 2023 17.82%
Mar 31, 2023 -20.29%
Dec 31, 2022 14.07%
Sep 30, 2022 13.91%
Jun 30, 2022 33.87%
Mar 31, 2022 10.08%
Dec 31, 2021 -6.54%
Sep 30, 2021 24.25%
Jun 30, 2021 8.43%