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% YoY from 2.23% in Q2 2025, and up 849.13% on a QoQ basis from 3.88% in Q1 2026.
Lincoln National (LNC) Net Margin (2009 - 2026) Analysis & Trends
Lincoln National (LNC) has 18 years of Net Margin data on file, last reported at 29.08% in Q2 2026.
- Quarterly Net Margin rose 1207.0% year-over-year to 29.08% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 11.74% (up 590.0% YoY) and the FY2025 annual result came in at 5.96%, down 1130.0% from the prior year.
- Net Margin improved to 29.08% in Q2 2026, from 3.88% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 33.11% in Q4 2024 to a low of 178.25% in Q4 2023.
- A 5-year average of 2.27% and a median of 15.08% in 2025 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2023 — Net Margin plunged 17875 bps — and 2024, when it soared 21136 bps.
- Tracing LNC's Net Margin over 5 years: stood at 0.5% in 2022, then tumbled by 35938 bps to 178.25% in 2023, then surged by 119 bps to 33.11% in 2024, then plunged by 54 bps to 15.1% in 2025, then jumped by 93 bps to 29.08% in 2026.
- The last three Net Margin figures came in at 29.08% (Q2 2026), 3.88% (Q1 2026), and 15.1% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Manulife Financial | 70.86 Bn | 50.95 Bn | - | 7.61% |
| 2 | Metlife | 60.18 Bn | 32.86 Bn | 7.82 Bn | 3.68% |
| 3 | Aflac | 58.60 Bn | -44.40 Bn | 2.27 Bn | 20.04% |
| 4 | Prudential | 35.64 Bn | 27.32 Bn | - | - |
| 5 | Unum | 13.88 Bn | 4.33 Bn | 1.38 Bn | 7.62% |
| 6 | Primerica | 9.32 Bn | 8.68 Bn | 717.74 Mn | 23.38% |
| 7 | Jackson Financial | 9.08 Bn | 3.09 Bn | - | 383.33% |
| 8 | Lincoln National | 8.09 Bn | -3.59 Bn | 2.62 Bn | 29.08% |
| 9 | Genworth Financial | 3.76 Bn | 1.78 Bn | 668.00 Mn | 4.26% |
| 10 | Brighthouse Financial | 3.06 Bn | -5.00 Bn | 1.03 Bn | 58.94% |
Historic Data
Download 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 | 22.67% |