Lincoln National (LNC) Net Cash Flow (2009 - 2026)
Lincoln National's (LNC) quarterly Net Cash Flow came in at $2.8 billion in Q2 2026, down 1.36% on a YoY basis from $2.9 billion in Q2 2025, and up 230.74% quarter-over-quarter from -$2.2 billion in Q1 2026.
Analysis
Lincoln National (LNC) Net Cash Flow (2009 - 2026) Analysis & Trends
Lincoln National (LNC) has reported Net Cash Flow for 18 consecutive years, with $2.8 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Cash Flow fell 1.36% year-over-year to $2.8 billion; the trailing twelve-month figure through Jun 2026 stood at $3.0 billion (up 81.18% YoY), and the FY2025 full-year result was $3.7 billion, up 51.93% from the prior year.
- Net Cash Flow rose to $2.8 billion in Q2 2026 per LNC's latest filing, from -$2.2 billion in the prior quarter.
- Across five years, Net Cash Flow topped out at $3.5 billion in Q3 2025 and bottomed at -$2.2 billion in Q1 2026.
- Historically, Net Cash Flow has averaged $419.6 million across 5 years, with a median of $212.5 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Net Cash Flow surged 93650.0% in 2022, then sank 1204.21% in 2023.
- Over 5 years, Net Cash Flow stood at $1.9 billion in 2022, then sank by 55.32% to $836.0 million in 2023, then tumbled by 125.36% to -$212.0 million in 2024, then plunged by 450.0% to -$1.2 billion in 2025, then jumped by 341.85% to $2.8 billion in 2026.
- According to Business Quant data, Net Cash Flow over the past three periods registered $2.8 billion, -$2.2 billion, and -$1.2 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Metlife | 62.16 Bn | 34.84 Bn | 7.82 Bn | -3.43 Bn |
| 2 | Manulife Financial | 24.69 Bn | 25.90 Bn | - | -1.97 Bn |
| 3 | Equitable Holdings | 14.62 Bn | -4.31 Bn | 1.22 Bn | 7.28 Bn |
| 4 | Jackson Financial | 9.71 Bn | 3.72 Bn | - | 447.00 Mn |
| 5 | Corebridge Financial | 9.48 Bn | -296.14 Bn | 2.79 Bn | -20.00 Mn |
| 6 | Primerica | 9.02 Bn | 8.38 Bn | 717.74 Mn | -44.83 Mn |
| 7 | Sun Life Financial | 8.56 Bn | 3.96 Bn | - | 46.99 Mn |
| 8 | Brookfield Wealth Solutions | 8.52 Bn | -4.26 Bn | 1.92 Bn | 2.38 Bn |
| 9 | Lincoln National | 8.41 Bn | -3.27 Bn | 2.62 Bn | 2.82 Bn |
| 10 | Prudential Financial | 5.23 Bn | -26.69 Bn | 7.91 Bn | -728.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.82 Bn |
| Mar 31, 2026 | -2.16 Bn |
| Dec 31, 2025 | -1.17 Bn |
| Sep 30, 2025 | 3.53 Bn |
| Jun 30, 2025 | 2.86 Bn |
| Mar 31, 2025 | -1.52 Bn |
| Dec 31, 2024 | -212.00 Mn |
| Sep 30, 2024 | 538.00 Mn |
| Jun 30, 2024 | 1.35 Bn |
| Mar 31, 2024 | 757.00 Mn |
| Dec 31, 2023 | 836.00 Mn |
| Sep 30, 2023 | -1.24 Bn |
| Jun 30, 2023 | 2.00 Mn |
| Mar 31, 2023 | 423.00 Mn |
| Dec 31, 2022 | 1.87 Bn |
| Sep 30, 2022 | -95.00 Mn |
| Jun 30, 2022 | -393.00 Mn |
| Mar 31, 2022 | -652.00 Mn |
| Dec 31, 2021 | -2.00 Mn |
| Sep 30, 2021 | 225.00 Mn |