Lincoln National (LNC) Tax Rate (2009 - 2026)
Lincoln National's (LNC) quarterly Tax Rate came in at 18.93% in Q2 2026, up 136.0% on a YoY basis from 8.02% in Q2 2025, and down 37.07% quarter-over-quarter from 30.08% in Q1 2026.
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Lincoln National (LNC) Tax Rate (2009 - 2026) Analysis & Trends
Lincoln National (LNC) has reported Tax Rate for 18 consecutive years, with 18.93% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 136.0% year-over-year to 18.93%; the trailing twelve-month figure through Jun 2026 stood at 16.82% (up 447.0% YoY), and the FY2025 full-year result was 12.03%, down 654.0% from the prior year.
- Tax Rate eased to 18.93% in Q2 2026 per LNC's latest filing, from 30.08% in the prior quarter.
- Across five years, Tax Rate topped out at 231.25% in Q4 2022 and bottomed at 15.08% in Q3 2025.
- Historically, Tax Rate has averaged 31.8% across 5 years, with a median of 19.08% in 2026.
- The sharpest annual moves came in 2022 and 2023: Tax Rate jumped 21415 bps in 2022, then plunged 20777 bps in 2023.
- Over 5 years, Tax Rate stood at 231.25% in 2022, then tumbled by 90 bps to 23.48% in 2023, then slipped by 16 bps to 19.67% in 2024, then decreased by 11 bps to 17.6% in 2025, then rose by 8 bps to 18.93% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 18.93%, 30.08%, and 17.6% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Metlife | 62.16 Bn | 34.84 Bn | 7.82 Bn | 24.73% |
| 2 | Manulife Financial | 24.69 Bn | 25.90 Bn | - | - |
| 3 | Equitable Holdings | 14.62 Bn | -4.31 Bn | 1.22 Bn | 28.40% |
| 4 | Jackson Financial | 9.71 Bn | 3.72 Bn | - | 0.75% |
| 5 | Corebridge Financial | 9.48 Bn | -296.14 Bn | 2.79 Bn | 96.15% |
| 6 | Primerica | 9.02 Bn | 8.38 Bn | 717.74 Mn | 21.66% |
| 7 | Sun Life Financial | 8.56 Bn | 3.96 Bn | - | 20.91% |
| 8 | Brookfield Wealth Solutions | 8.52 Bn | -4.26 Bn | 1.92 Bn | -19.02% |
| 9 | Lincoln National | 8.41 Bn | -3.27 Bn | 2.62 Bn | 18.93% |
| 10 | Prudential Financial | 5.23 Bn | -26.69 Bn | 7.91 Bn | 18.51% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.93% |
| Mar 31, 2026 | 30.08% |
| Dec 31, 2025 | 17.60% |
| Sep 30, 2025 | 15.08% |
| Jun 30, 2025 | 17.57% |
| Mar 31, 2025 | 23.92% |
| Dec 31, 2024 | 19.67% |
| Sep 30, 2024 | 24.89% |
| Jun 30, 2024 | 18.34% |
| Mar 31, 2024 | 20.03% |
| Dec 31, 2023 | 23.48% |
| Sep 30, 2023 | 17.50% |
| Jun 30, 2023 | 15.12% |
| Mar 31, 2023 | 24.70% |
| Dec 31, 2022 | 231.25% |
| Sep 30, 2022 | 16.46% |
| Jun 30, 2022 | 18.60% |
| Mar 31, 2022 | 19.24% |
| Dec 31, 2021 | 17.10% |
| Sep 30, 2021 | 13.66% |