Lincoln National (LNC) Net Margin (2009 - 2026)
Lincoln National's (LNC) quarterly Net Margin came in at 29.08% in Q2 2026, up 1207.0% on a YoY basis from 2.23% in Q2 2025, and up 849.13% quarter-over-quarter from 3.88% in Q1 2026.
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Lincoln National (LNC) Net Margin (2009 - 2026) Analysis & Trends
Lincoln National (LNC) has reported Net Margin for 18 consecutive years, with 29.08% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 1207.0% year-over-year to 29.08%; the trailing twelve-month figure through Jun 2026 stood at 11.74% (up 590.0% YoY), and the FY2025 full-year result was 5.96%, down 1130.0% from the prior year.
- Net Margin advanced to 29.08% in Q2 2026 per LNC's latest filing, from 3.88% 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.
- Historically, Net Margin has averaged 2.27% across 5 years, with a median of 15.08% in 2025.
- The sharpest annual moves came in 2023 and 2024: Net Margin sank 17875 bps in 2023, then jumped 21136 bps in 2024.
- Over 5 years, 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 soared by 93 bps to 29.08% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 29.08%, 3.88%, and 15.1% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Metlife | 62.25 Bn | 35.23 Bn | 7.82 Bn | 3.68% |
| 2 | Manulife Financial | 24.69 Bn | 25.90 Bn | - | 10.52% |
| 3 | Equitable Holdings | 14.46 Bn | -2.83 Bn | 1.22 Bn | -28.11% |
| 4 | Brookfield Wealth Solutions | 13.42 Bn | 979.75 Mn | 1.92 Bn | 3.39% |
| 5 | Jackson Financial | 9.59 Bn | 4.12 Bn | - | 383.33% |
| 6 | Corebridge Financial | 9.33 Bn | -296.30 Bn | 2.79 Bn | -0.41% |
| 7 | Primerica | 9.13 Bn | 8.50 Bn | 717.74 Mn | 23.38% |
| 8 | Lincoln National | 8.70 Bn | -2.98 Bn | 2.62 Bn | 29.08% |
| 9 | Sun Life Financial | 8.56 Bn | 3.96 Bn | - | - |
| 10 | Prudential Financial | 5.27 Bn | -24.00 Bn | 7.91 Bn | 6.13% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.08% |
| 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 | 6.03% |