Lincoln National (LNC) Operating Interest Expenses (2009 - 2026)
Lincoln National (LNC) recorded Operating Interest Expenses of $1.02 billion in Q2 2026, up 11.8% from $916 million a year earlier and up 2.5% from the prior quarter.
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Analysis
Lincoln National (LNC) Operating Interest Expenses (2009 - 2026) Analysis & Trends
On a TTM basis, Lincoln National's Operating Interest Expenses came in at $3.96 billion as of Jun 30, 2026, up 10.8% year-over-year; for FY2025, it was $3.74 billion, up 8.7% from FY2024.
- Annual Operating Interest Expenses has increased for three straight years, with a five-year compound annual growth rate of 5.1% (FY2020 to FY2025).
- Across earlier years, Operating Interest Expenses came in at $3.44 billion in FY2024 (+6.0%), $3.25 billion in FY2023 (+12.9%), $2.88 billion in FY2022 (-1.8%) and $2.93 billion in FY2021 (+0.2%).
- The Q2 2026 figure is the highest quarterly Operating Interest Expenses in data going back to Q1 2009.
- On a year-over-year basis, Operating Interest Expenses has increased for 15 consecutive quarters, with growth averaging 9.1% over the last eight quarters.
- Peak year-over-year performance for Operating Interest Expenses in the last five years was growth of 14.5% in Q3 2023, against a decline of 6.2% in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $999 million (Q1 2026), $984 million (Q4 2025) and $954 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Interest Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,073.91 Bn | -343.57 Bn | 55.86 Bn | - |
| 2 | Chubb | 125.44 Bn | 77.50 Bn | 9.13 Bn | - |
| 3 | Progressive | 120.54 Bn | 96.37 Bn | 9.04 Bn | - |
| 4 | Marsh & Mclennan Companies | 81.59 Bn | 73.34 Bn | - | - |
| 5 | Travelers Companies | 74.40 Bn | 50.64 Bn | 6.23 Bn | - |
| 6 | Manulife Financial | 72.53 Bn | 73.74 Bn | - | - |
| 7 | Metlife | 60.06 Bn | -46.42 Bn | 7.82 Bn | 3.07 Bn |
| 8 | Aon | 58.71 Bn | 51.95 Bn | - | - |
| 9 | Arthur J. Gallagher | 58.49 Bn | 52.93 Bn | - | - |
| 10 | Lincoln National | 7.71 Bn | -36.57 Bn | 2.62 Bn | 1.02 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.02 Bn |
| Mar 31, 2026 | 999.00 Mn |
| Dec 31, 2025 | 984.00 Mn |
| Sep 30, 2025 | 954.00 Mn |
| Jun 30, 2025 | 916.00 Mn |
| Mar 31, 2025 | 890.00 Mn |
| Dec 31, 2024 | 888.00 Mn |
| Sep 30, 2024 | 880.00 Mn |
| Jun 30, 2024 | 853.00 Mn |
| Mar 31, 2024 | 822.00 Mn |
| Dec 31, 2023 | 824.00 Mn |
| Sep 30, 2023 | 831.00 Mn |
| Jun 30, 2023 | 808.00 Mn |
| Mar 31, 2023 | 785.00 Mn |
| Dec 31, 2022 | 745.00 Mn |
| Sep 30, 2022 | 726.00 Mn |
| Jun 30, 2022 | 710.00 Mn |
| Mar 31, 2022 | 697.00 Mn |
| Dec 31, 2021 | 696.00 Mn |
| Sep 30, 2021 | 748.00 Mn |
API Access
Lincoln National Operating Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-interest-expenses&ticker=LNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-interest-expenses", "ticker": "LNC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-interest-expenses&ticker=LNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();