Lincoln National (LNC) Price to Earnings (2010 - 2026)
Lincoln National's (LNC) Price to Earnings stood at 2.98 in Q2 2026, down 52.4% from 6.27 a year earlier and down 28.1% from the prior quarter.
Powered by 
Analysis
Lincoln National (LNC) Price to Earnings (2010 - 2026) Analysis & Trends
For FY2025, Lincoln National's Price to Earnings came in at 7.79, up 359.3% from FY2024.
- Across earlier years, Price to Earnings came in at 1.70 in FY2024, 3.83 in FY2022 (+19.6%) and 3.20 in FY2021 (-83.5%).
- The Q2 2026 figure is the lowest quarterly Price to Earnings since Q4 2024.
- On a year-over-year basis, Price to Earnings rose in four of the last seven quarters, with growth averaging 61.4%.
- Peak year-over-year performance for Price to Earnings in the last five years was growth of 359.5% in Q4 2025, against a decline of 81.3% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 4.15 (Q1 2026), 7.79 (Q4 2025) and 3.79 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.21 Bn | -334.26 Bn | 55.86 Bn |
| 2 | Chubb | 127.58 Bn | 79.64 Bn | 9.13 Bn |
| 3 | Progressive | 122.25 Bn | 98.08 Bn | 9.04 Bn |
| 4 | Marsh & Mclennan Companies | 81.29 Bn | 73.03 Bn | - |
| 5 | Travelers Companies | 75.19 Bn | 51.44 Bn | 6.23 Bn |
| 6 | Manulife Financial | 73.16 Bn | 74.37 Bn | - |
| 7 | Metlife | 60.22 Bn | -46.26 Bn | 7.82 Bn |
| 8 | Arthur J. Gallagher | 57.98 Bn | 52.41 Bn | - |
| 9 | Aon | 57.16 Bn | 50.40 Bn | - |
| 10 | Lincoln National | 7.71 Bn | -36.57 Bn | 2.62 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.98 |
| Mar 31, 2026 | 4.15 |
| Dec 31, 2025 | 7.79 |
| Sep 30, 2025 | 3.79 |
| Jun 30, 2025 | 6.27 |
| Mar 31, 2025 | 4.94 |
| Dec 31, 2024 | 1.70 |
| Sep 30, 2024 | 20.33 |
| Jun 30, 2024 | 3.22 |
| Mar 31, 2024 | 4.30 |
| Sep 30, 2023 | 9.67 |
| Dec 31, 2022 | 9.17 |
| Sep 30, 2022 | 5.93 |
| Jun 30, 2022 | 2.38 |
| Mar 31, 2022 | 3.57 |
| Dec 31, 2021 | 6.41 |
| Sep 30, 2021 | 9.67 |
| Jun 30, 2021 | 8.46 |
| Mar 31, 2021 | 17.87 |
| Dec 31, 2020 | 19.39 |
API Access
Lincoln National Price to Earnings 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=price-to-earnings&ticker=LNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "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=price-to-earnings&ticker=LNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();