Lincoln National LNC
NYSE LNC
$42.21 -0.08 (-0.19%)
At close: Sep 18, 2026 · 4:00 PM EDT

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

Lincoln National's (LNC) quarterly Invested Capital came in at $18.6 billion in Q2 2026, up 21.54% on a YoY basis from $15.3 billion in Q2 2025, and up 9.62% quarter-over-quarter from $17.0 billion in Q1 2026.

Analysis

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

Lincoln National (LNC) has reported Invested Capital for 18 consecutive years, with $18.6 billion the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Invested Capital rose 21.54% year-over-year to $18.6 billion; the trailing twelve-month figure through Jun 2026 stood at $18.6 billion (up 21.54% YoY), and the FY2025 full-year result was $17.6 billion, up 19.33% from the prior year.
  • Invested Capital advanced to $18.6 billion in Q2 2026 per LNC's latest filing, from $17.0 billion in the prior quarter.
  • Across five years, Invested Capital topped out at $20.8 billion in Q1 2022 and bottomed at $9.1 billion in Q3 2023.
  • Historically, Invested Capital has averaged $14.7 billion across 5 years, with a median of $14.6 billion in 2024.
  • The sharpest annual moves came in 2022 and 2024: Invested Capital slumped 66.74% in 2022, then soared 70.36% in 2024.
  • Over 5 years, Invested Capital stood at $12.6 billion in 2022, then advanced by 4.3% to $13.1 billion in 2023, then grew by 12.47% to $14.7 billion in 2024, then increased by 19.33% to $17.6 billion in 2025, then climbed by 5.93% to $18.6 billion in 2026.
  • According to Business Quant data, Invested Capital over the past three periods registered $18.6 billion, $17.0 billion, and $17.6 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Manulife Financial 75.56 Bn 76.77 Bn - 51.93 Bn
2 Metlife 61.89 Bn 34.88 Bn 7.82 Bn 33.81 Bn
3 Sun Life Financial 45.01 Bn 40.41 Bn - 27.72 Bn
4 Globe Life 16.00 Bn 15.24 Bn 801.48 Mn 9.38 Bn
5 Equitable Holdings 14.74 Bn -2.55 Bn 1.22 Bn 4.70 Bn
6 Brookfield Wealth Solutions 12.45 Bn 11.71 Mn 1.92 Bn 19.01 Bn
7 Corebridge Financial 9.60 Bn -296.03 Bn 2.79 Bn -
8 Jackson Financial 9.04 Bn 3.56 Bn - 13.33 Bn
9 Primerica 8.98 Bn 8.35 Bn 717.74 Mn 3.68 Bn
10 Lincoln National 8.08 Bn -3.60 Bn 2.62 Bn 18.61 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 18.61 Bn
Mar 31, 2026 16.98 Bn
Dec 31, 2025 17.57 Bn
Sep 30, 2025 16.22 Bn
Jun 30, 2025 15.32 Bn
Mar 31, 2025 14.06 Bn
Dec 31, 2024 14.73 Bn
Sep 30, 2024 15.51 Bn
Jun 30, 2024 14.57 Bn
Mar 31, 2024 14.28 Bn
Dec 31, 2023 13.09 Bn
Sep 30, 2023 9.10 Bn
Jun 30, 2023 12.27 Bn
Mar 31, 2023 13.21 Bn
Dec 31, 2022 12.55 Bn
Sep 30, 2022 9.24 Bn
Jun 30, 2022 15.83 Bn
Mar 31, 2022 20.82 Bn
Dec 31, 2021 27.54 Bn
Sep 30, 2021 27.79 Bn