Lincoln National (LNC) FCF Margin (2009 - 2026)
Lincoln National (LNC) posted FCF Margin of -12.29% for Q2 2026, down 37.33 percentage points from 25.05% a year earlier and down 14.89 percentage points from the prior quarter.
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Analysis
Lincoln National (LNC) FCF Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, FCF Margin at Lincoln National was -6.87%, down 12.10 percentage points year-over-year; for FY2025, it came in at -0.92%, up 9.97 percentage points from FY2024.
- Annual FCF Margin shows a five-year change of -3.98 percentage points (FY2020 to FY2025).
- In prior years, Lincoln National's FCF Margin was -10.88% in FY2024 (+6.93 pp), -17.81% in FY2023 (-37.00 pp), 19.19% in FY2022 (+20.41 pp) and -1.22% in FY2021 (-4.29 pp).
- Quarterly FCF Margin has run from a low of -267.24% in Q4 2023 to a high of 33.87% in Q2 2022 over five years.
- On a year-over-year basis, FCF Margin increased in five of the last eight quarters, with an average year-over-year change of +35.68 percentage points.
- The strongest year-over-year quarter for FCF Margin in the past five years was Q4 2024, with a gain of 271.62 percentage points; the weakest was Q4 2023, with a drop of 281.31 percentage points.
- According to Business Quant data, FCF Margin for the three prior quarters was 2.60% (Q1 2026), 4.73% (Q4 2025) and -25.05% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.69 Bn | -333.79 Bn | 55.86 Bn | 5.47% |
| 2 | Chubb | 127.81 Bn | 79.86 Bn | 9.13 Bn | 23.58% |
| 3 | Progressive | 121.79 Bn | 97.63 Bn | 9.04 Bn | 14.69% |
| 4 | Marsh & Mclennan Companies | 80.80 Bn | 72.54 Bn | - | 19.60% |
| 5 | Travelers Companies | 75.76 Bn | 52.01 Bn | 6.23 Bn | 15.77% |
| 6 | Manulife Financial | 74.06 Bn | 75.27 Bn | - | 20.72% |
| 7 | Metlife | 61.12 Bn | -45.36 Bn | 7.82 Bn | 11.63% |
| 8 | Arthur J. Gallagher | 58.82 Bn | 53.25 Bn | - | -1.02% |
| 9 | Allstate | 57.81 Bn | 19.06 Bn | 8.73 Bn | 13.93% |
| 10 | Lincoln National | 7.82 Bn | -36.45 Bn | 2.62 Bn | -12.29% |
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% |
API Access
Lincoln National FCF 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=fcf-margin&ticker=LNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=LNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();