Lincoln National (LNC) Payout Ratio (2009 - 2026)
Lincoln National's (LNC) quarterly Payout Ratio came in at 0.07 in Q2 2026, down 41.07% on a YoY basis from 0.11 in Q2 2025, and up 115.59% quarter-over-quarter from 0.42 in Q1 2026.
Analysis
Lincoln National (LNC) Payout Ratio (2009 - 2026) Analysis & Trends
Lincoln National (LNC) has reported Payout Ratio for 18 consecutive years, with 0.07 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Payout Ratio fell 41.07% year-over-year to 0.07; the trailing twelve-month figure through Jun 2026 stood at 0.15 (down 48.34% YoY), and the FY2025 full-year result was 0.3, up 210.38% from the prior year.
- Payout Ratio improved to 0.07 in Q2 2026 per LNC's latest filing, from 0.42 in the prior quarter.
- Across five years, Payout Ratio topped out at 3.62 in Q4 2022 and bottomed at 0.42 in Q1 2026.
- Historically, Payout Ratio has averaged 0.21 across 5 years, with a median of 0.06 in 2024.
- The sharpest annual moves came in 2023 and 2026: Payout Ratio jumped 314.03% in 2023, then tumbled 309.89% in 2026.
- Over 5 years, Payout Ratio stood at 3.62 in 2022, then slumped by 101.69% to 0.06 in 2023, then soared by 175.32% to 0.05 in 2024, then soared by 151.94% to 0.12 in 2025, then slumped by 43.75% to 0.07 in 2026.
- According to Business Quant data, Payout Ratio over the past three periods registered 0.07, 0.42, and 0.12 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Manulife Financial | 73.85 Bn | 73.85 Bn | - |
| 2 | Metlife | 61.35 Bn | 34.04 Bn | 7.82 Bn |
| 3 | Sun Life Financial | 44.75 Bn | 40.00 Bn | - |
| 4 | Equitable Holdings | 14.45 Bn | -4.49 Bn | 1.22 Bn |
| 5 | Jackson Financial | 9.56 Bn | 3.58 Bn | - |
| 6 | Corebridge Financial | 9.50 Bn | -296.13 Bn | 2.79 Bn |
| 7 | Primerica | 9.07 Bn | 8.43 Bn | 717.74 Mn |
| 8 | Brookfield Wealth Solutions | 8.81 Bn | -3.97 Bn | 1.92 Bn |
| 9 | Lincoln National | 8.35 Bn | -3.33 Bn | 2.62 Bn |
| 10 | Prudential Financial | 5.31 Bn | -26.61 Bn | 7.91 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.07 |
| Mar 31, 2026 | -0.42 |
| Dec 31, 2025 | 0.12 |
| Sep 30, 2025 | 0.21 |
| Jun 30, 2025 | 0.11 |
| Mar 31, 2025 | -0.10 |
| Dec 31, 2024 | 0.05 |
| Sep 30, 2024 | -0.14 |
| Jun 30, 2024 | 0.09 |
| Mar 31, 2024 | 0.06 |
| Dec 31, 2023 | -0.06 |
| Sep 30, 2023 | 0.09 |
| Jun 30, 2023 | 0.15 |
| Mar 31, 2023 | -0.08 |
| Dec 31, 2022 | 3.62 |
| Sep 30, 2022 | -0.04 |
| Jun 30, 2022 | 0.09 |
| Mar 31, 2022 | 0.05 |
| Dec 31, 2021 | 1.27 |
| Sep 30, 2021 | 0.25 |