Lincoln National (LNC) Free Cash Flow (2009 - 2026)
Lincoln National's Free Cash Flow was -$558 million in Q2 2026, compared with $1.01 billion a year earlier.
Lincoln National (LNC) Free Cash Flow (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Lincoln National's Free Cash Flow was -$1.33 billion through Jun 30, 2026; for FY2025, it came in at -$167 million.
- In earlier years, Free Cash Flow was -$2.01 billion in FY2024, -$2.07 billion in FY2023, $3.61 billion in FY2022 and -$217 million in FY2021.
- Quarterly Free Cash Flow has moved between -$1.87 billion (Q4 2023) and $1.89 billion (Q2 2022) over five years.
- Per Business Quant data, LNC's Free Cash Flow in the three quarters before Q2 2026 was $138 million (Q1 2026), $233 million (Q4 2025) and -$1.14 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 138.35 Bn | 84.93 Bn | 9.13 Bn | 3.73 Bn |
| 2 | Progressive | 129.14 Bn | 104.97 Bn | 9.04 Bn | 3.47 Bn |
| 3 | Marsh & Mclennan Companies | 91.11 Bn | 83.27 Bn | - | 1.40 Bn |
| 4 | Travelers Companies | 83.32 Bn | 59.56 Bn | 6.23 Bn | 1.91 Bn |
| 5 | Manulife Financial | 75.74 Bn | -19.14 Bn | - | 3.00 Bn |
| 6 | Arthur J. Gallagher | 66.49 Bn | 60.90 Bn | - | -41.00 Mn |
| 7 | Metlife | 64.97 Bn | -41.81 Bn | 7.82 Bn | 1.94 Bn |
| 8 | Allstate | 63.98 Bn | 25.25 Bn | 8.73 Bn | 2.59 Bn |
| 9 | Aon | 63.25 Bn | 56.46 Bn | - | 483.00 Mn |
| 10 | Lincoln National | 7.64 Bn | -36.64 Bn | 2.62 Bn | -558.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -558.00 Mn |
| Mar 31, 2026 | 138.00 Mn |
| Dec 31, 2025 | 233.00 Mn |
| Sep 30, 2025 | -1.14 Bn |
| Jun 30, 2025 | 1.01 Bn |
| Mar 31, 2025 | -272.00 Mn |
| Dec 31, 2024 | 222.00 Mn |
| Sep 30, 2024 | -27.00 Mn |
| Jun 30, 2024 | -859.00 Mn |
| Mar 31, 2024 | -1.34 Bn |
| Dec 31, 2023 | -1.87 Bn |
| Sep 30, 2023 | 46.00 Mn |
| Jun 30, 2023 | 522.00 Mn |
| Mar 31, 2023 | -774.00 Mn |
| Dec 31, 2022 | 594.00 Mn |
| Sep 30, 2022 | 650.00 Mn |
| Jun 30, 2022 | 1.89 Bn |
| Mar 31, 2022 | 476.00 Mn |
| Dec 31, 2021 | -342.00 Mn |
| Sep 30, 2021 | 338.00 Mn |
Lincoln National Free Cash Flow 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=free-cash-flow&ticker=LNC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=LNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();