Lincoln National (LNC) Return on Equity [ROE] (2009 - 2026)
Lincoln National (LNC) posted Return on Equity [ROE] of 21.88% for Q2 2026, up 9.08 percentage points from 12.81% a year earlier and up 5.54 percentage points from the prior quarter.
Powered by 
Analysis
Lincoln National (LNC) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For FY2025, Lincoln National's Return on Equity [ROE] came in at 12.28%, down 30.92 percentage points from FY2024.
- Annual Return on Equity [ROE] shows a five-year change of +9.92 percentage points (FY2020 to FY2025).
- In prior years, Lincoln National's Return on Equity [ROE] was 43.20% in FY2024 (+55.74 pp), -12.54% in FY2023 (-23.40 pp), 10.86% in FY2022 (-6.87 pp) and 17.73% in FY2021 (+15.38 pp).
- The Q2 2026 figure stands as the highest quarterly Return on Equity [ROE] since Q4 2024.
- On a year-over-year basis, Return on Equity [ROE] increased in four of the last eight quarters, with an average year-over-year change of +4.12 percentage points.
- The strongest year-over-year quarter for Return on Equity [ROE] in the past five years was Q2 2024, with a gain of 56.26 percentage points; the weakest was Q2 2023, with a drop of 62.23 percentage points.
- According to Business Quant data, Return on Equity [ROE] for the three prior quarters was 16.35% (Q1 2026), 11.01% (Q4 2025) and 21.09% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.21 Bn | -334.26 Bn | 55.86 Bn | 11.64% |
| 2 | Chubb | 127.58 Bn | 79.64 Bn | 9.13 Bn | 14.32% |
| 3 | Progressive | 122.25 Bn | 98.08 Bn | 9.04 Bn | 35.24% |
| 4 | Marsh & Mclennan Companies | 81.29 Bn | 73.03 Bn | - | 26.91% |
| 5 | Travelers Companies | 75.19 Bn | 51.44 Bn | 6.23 Bn | 25.51% |
| 6 | Manulife Financial | 73.16 Bn | 74.37 Bn | - | 17.86% |
| 7 | Metlife | 60.22 Bn | -46.26 Bn | 7.82 Bn | 13.22% |
| 8 | Arthur J. Gallagher | 57.98 Bn | 52.41 Bn | - | 6.62% |
| 9 | Aon | 57.16 Bn | 50.40 Bn | - | 40.61% |
| 10 | Lincoln National | 7.71 Bn | -36.57 Bn | 2.62 Bn | 21.88% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.88% |
| Mar 31, 2026 | 16.35% |
| Dec 31, 2025 | 11.01% |
| Sep 30, 2025 | 21.09% |
| Jun 30, 2025 | 12.81% |
| Mar 31, 2025 | 16.18% |
| Dec 31, 2024 | 37.91% |
| Sep 30, 2024 | 4.17% |
| Jun 30, 2024 | 22.39% |
| Mar 31, 2024 | 18.71% |
| Dec 31, 2023 | -14.90% |
| Sep 30, 2023 | 11.18% |
| Jun 30, 2023 | -33.86% |
| Mar 31, 2023 | -30.35% |
| Dec 31, 2022 | 14.38% |
| Sep 30, 2022 | 20.70% |
| Jun 30, 2022 | 28.37% |
| Mar 31, 2022 | 18.44% |
| Dec 31, 2021 | 9.19% |
| Sep 30, 2021 | 6.17% |
API Access
Lincoln National Return on Equity [ROE] 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=return-on-equity-%5Broe%5D&ticker=LNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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=return-on-equity-%5Broe%5D&ticker=LNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();