Lincoln National (LNC) Net Margin (2009 - 2026)
Lincoln National (LNC) posted Net Margin of 3.88% for Q1 2026, down 125.72% on a QoQ basis from 15.1% in Q4 2025, and up 1223.0% year-over-year from 0.29% in Q1 2025.
Lincoln National (LNC) Net Margin (2009 - 2026) Analysis & Trends
Lincoln National's Net Margin history runs 18 years deep, the most recent figure standing at 3.88% for Q1 2026.
- Quarterly Net Margin rose 1223.0% year-over-year to 3.88% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 8.69% (up 216.0% YoY) and the FY2025 annual result came in at 5.96%, down 1130.0% from the prior year.
- Net Margin was 3.88% for Q1 2026 at Lincoln National, down from 15.1% in the prior quarter.
- Across five years, Net Margin topped out at 33.11% in Q4 2024 and bottomed at 178.25% in Q4 2023.
- A 5-year average of 4.11% and a median of 15.06% in 2022 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2023 — Net Margin tumbled 17875 bps — and 2024, when it soared 21136 bps.
- Lincoln National's Net Margin stood at 0.5% in 2022, then sank by 35938 bps to 178.25% in 2023, then jumped by 119 bps to 33.11% in 2024, then slumped by 54 bps to 15.1% in 2025, then sank by 126 bps to 3.88% in 2026.
- Business Quant data shows LNC's Net Margin at 3.88% in Q1 2026, 15.1% in Q4 2025, and 9.02% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Prudential | 75.43 Bn | 67.11 Bn | - | - |
| 2 | Manulife Financial | 73.37 Bn | 73.37 Bn | - | - |
| 3 | Aflac | 64.85 Bn | 59.20 Bn | 2.51 Bn | 23.45% |
| 4 | Metlife | 62.04 Bn | 45.89 Bn | 256.00 Mn | 9.41% |
| 5 | Unum | 14.18 Bn | 4.22 Bn | 1.40 Bn | 7.90% |
| 6 | Primerica | 9.99 Bn | 9.31 Bn | 770.81 Mn | 21.78% |
| 7 | Jackson Financial | 8.43 Bn | 2.90 Bn | - | -14.99% |
| 8 | Lincoln National | 7.90 Bn | -992.99 Mn | 3.25 Bn | -3.88% |
| 9 | F&G Annuities & Life | 3.92 Bn | 1.60 Bn | 1.15 Bn | 20.56% |
| 10 | Genworth Financial | 3.85 Bn | 1.73 Bn | 553.00 Mn | -0.06% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.88% |
| Dec 31, 2025 | 15.10% |
| Sep 30, 2025 | 9.02% |
| Jun 30, 2025 | 17.01% |
| Mar 31, 2025 | -16.12% |
| Dec 31, 2024 | 33.11% |
| Sep 30, 2024 | -13.67% |
| Jun 30, 2024 | 17.16% |
| Mar 31, 2024 | 28.86% |
| Dec 31, 2023 | -178.25% |
| Sep 30, 2023 | 19.49% |
| Jun 30, 2023 | 17.07% |
| Mar 31, 2023 | -23.75% |
| Dec 31, 2022 | 0.50% |
| Sep 30, 2022 | -38.01% |
| Jun 30, 2022 | 15.06% |
| Mar 31, 2022 | 31.40% |
| Dec 31, 2021 | 13.54% |
| Sep 30, 2021 | 22.67% |
| Jun 30, 2021 | 13.27% |