Lincoln National (LNC) Invested Capital (2009 - 2026)

Lincoln National (LNC) posted Invested Capital of $400.0 million for Q1 2026, little changed on a QoQ basis from $400.0 million in Q4 2025.

Lincoln National (LNC) Invested Capital (2009 - 2026) Analysis & Trends

Lincoln National's Invested Capital history runs 17 years deep, the most recent figure standing at $400.0 million for Q1 2026.

  • Quarterly Invested Capital changed N/A year-over-year to $400.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $800.0 million (down 23.81% YoY) and the FY2025 annual result came in at $400.0 million, up 33.33% from the prior year.
  • Invested Capital was $400.0 million for Q1 2026 at Lincoln National, roughly flat from $400.0 million in the prior quarter.
  • Across five years, Invested Capital topped out at $503.0 million in Q1 2024 and bottomed at $250.0 million in Q4 2023.
  • A 5-year average of $418.5 million and a median of $450.0 million in 2024 frame the typical range for Invested Capital.
  • Annual changes were most pronounced in 2022 — Invested Capital surged 66.67% — and 2023, when it plunged 50.0%.
  • Lincoln National's Invested Capital stood at $500.0 million in 2022, then plunged by 50.0% to $250.0 million in 2023, then advanced by 20.0% to $300.0 million in 2024, then soared by 33.33% to $400.0 million in 2025, then changed by 0.0% to $400.0 million in 2026.
  • Business Quant data shows LNC's Invested Capital at $400.0 million in Q1 2026, $400.0 million in Q4 2025, and $300.0 million in Q4 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Prudential 75.05 Bn 67.97 Bn - 11.74 Bn
2 Aflac 63.80 Bn 58.14 Bn 2.51 Bn 7.91 Bn
3 Metlife 60.34 Bn 44.39 Bn 256.00 Mn 14.45 Bn
4 Manulife Financial 52.65 Bn 53.78 Bn - -
5 Unum 14.19 Bn 4.23 Bn 1.40 Bn -
6 Primerica 9.76 Bn 9.08 Bn 770.81 Mn -
7 Jackson Financial 8.17 Bn 3.03 Bn - 54.00 Mn
8 Lincoln National 7.81 Bn -1.09 Bn 3.25 Bn 400.00 Mn
9 F&G Annuities & Life 3.87 Bn 1.67 Bn 1.15 Bn -
10 Genworth Financial 3.84 Bn 2.75 Bn 553.00 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 400.00 Mn
Dec 31, 2025 400.00 Mn
Dec 31, 2024 300.00 Mn
Sep 30, 2024 300.00 Mn
Jun 30, 2024 450.00 Mn
Mar 31, 2024 503.00 Mn
Dec 31, 2023 250.00 Mn
Jun 30, 2023 500.00 Mn
Mar 31, 2023 500.00 Mn
Dec 31, 2022 500.00 Mn
Sep 30, 2022 500.00 Mn
Dec 31, 2021 300.00 Mn
Sep 30, 2021 300.00 Mn
Jun 30, 2021 300.00 Mn
Mar 31, 2021 300.00 Mn
Dec 31, 2019 300.00 Mn
Sep 30, 2019 300.00 Mn
Jun 30, 2019 300.00 Mn
Mar 31, 2019 300.00 Mn
Mar 31, 2018 250.00 Mn