Lincoln National (LNC) FCF Margin (2009 - 2026)
Lincoln National's (LNC) quarterly FCF Margin came in at 12.29% in Q2 2026, down 3733.0% on a YoY basis from 0.34% in Q2 2025, and down 572.36% quarter-over-quarter from 2.6% in Q1 2026.
Analysis
Lincoln National (LNC) FCF Margin (2009 - 2026) Analysis & Trends
Lincoln National (LNC) has reported FCF Margin for 18 consecutive years, with 12.29% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin fell 3733.0% year-over-year to 12.29%; the trailing twelve-month figure through Jun 2026 stood at 6.87% (down 1210.0% YoY), and the FY2025 full-year result was 0.92%, up 997.0% from the prior year.
- FCF Margin eased to 12.29% in Q2 2026 per LNC's latest filing, from 2.6% 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.
- Historically, FCF Margin has averaged 14.06% across 5 years, with a median of 1.85% in 2026.
- The sharpest annual moves came in 2023 and 2024: FCF Margin tumbled 28131 bps in 2023, then soared 27162 bps in 2024.
- Over 5 years, 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 slumped by 360 bps to 12.29% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 12.29%, 2.6%, and 4.73% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Metlife | 62.25 Bn | 35.23 Bn | 7.82 Bn | 11.63% |
| 2 | Manulife Financial | 24.69 Bn | 25.90 Bn | - | 20.72% |
| 3 | Equitable Holdings | 14.46 Bn | -2.83 Bn | 1.22 Bn | 38.18% |
| 4 | Brookfield Wealth Solutions | 13.42 Bn | 979.75 Mn | 1.92 Bn | 30.33% |
| 5 | Jackson Financial | 9.59 Bn | 4.12 Bn | - | 563.10% |
| 6 | Corebridge Financial | 9.33 Bn | -296.30 Bn | 2.79 Bn | -1.12% |
| 7 | Primerica | 9.13 Bn | 8.50 Bn | 717.74 Mn | 22.41% |
| 8 | Lincoln National | 8.70 Bn | -2.98 Bn | 2.62 Bn | -12.29% |
| 9 | Sun Life Financial | 8.56 Bn | 3.96 Bn | - | - |
| 10 | Prudential Financial | 5.27 Bn | -24.00 Bn | 7.91 Bn | 14.98% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -12.29% |
| 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 | 6.45% |