Growth Metrics

Lincoln National (LNC) Gross Margin (2016 - 2025)

Lincoln National's Gross Margin history spans 17 years, with the latest figure at 172.37% for Q4 2025.

  • For Q4 2025, Gross Margin rose 11129.0% year-over-year to 172.37%; the TTM value through Dec 2025 reached 86.68%, up 2618.0%, while the annual FY2025 figure was 86.68%, 2961.0% up from the prior year.
  • Gross Margin reached 172.37% in Q4 2025 per LNC's latest filing, up from 57.72% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 172.37% in Q4 2025 to a low of 58.63% in Q4 2021.
  • Average Gross Margin over 5 years is 52.43%, with a median of 56.82% recorded in 2025.
  • Peak YoY movement for Gross Margin: crashed -11106bps in 2021, then soared 19802bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 58.63% in 2021, then soared by 54bps to 26.92% in 2022, then surged by 736bps to 171.1% in 2023, then plummeted by -64bps to 61.08% in 2024, then surged by 182bps to 172.37% in 2025.
  • Per Business Quant, the three most recent readings for LNC's Gross Margin are 172.37% (Q4 2025), 57.72% (Q3 2025), and 50.69% (Q2 2025).