Lincoln National (LNC) Tax Rate (2009 - 2026)
Lincoln National (LNC) reported Tax Rate of 18.93% for Q2 2026, up 1.36 percentage points from 17.57% a year earlier but down 11.15 percentage points from the prior quarter.
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Analysis
Lincoln National (LNC) Tax Rate (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Lincoln National's Tax Rate came in at 16.82%, up 4.47 percentage points year-over-year; for FY2025, it was 12.03%, down 6.54 percentage points from FY2024.
- Tax Rate has a five-year change of +30.00 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 18.57% in FY2024 (-15.92 pp), 34.49% in FY2023 (+13.22 pp), 21.28% in FY2022 (+2.65 pp) and 18.63% in FY2021 (+36.60 pp).
- Five-year quarterly Tax Rate spans a low of 13.66% in Q3 2021 and a high of 231.25% in Q4 2022.
- Year over year, Tax Rate gained in four of the last eight quarters, with an average year-over-year change of +0.29 percentage points.
- The high point for year-over-year Tax Rate in five years was Q4 2022 (a gain of 214.15 percentage points); the low point was Q4 2023 (a drop of 207.77 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 30.08% (Q1 2026), 17.60% (Q4 2025) and 15.08% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 138.14 Bn | 84.72 Bn | 9.13 Bn | 20.47% |
| 2 | Progressive | 128.41 Bn | 104.25 Bn | 9.04 Bn | 21.34% |
| 3 | Marsh & Mclennan Companies | 90.67 Bn | 82.83 Bn | - | 21.39% |
| 4 | Travelers Companies | 82.65 Bn | 58.90 Bn | 6.23 Bn | 20.20% |
| 5 | Manulife Financial | 75.84 Bn | -19.04 Bn | - | - |
| 6 | Arthur J. Gallagher | 66.39 Bn | 60.80 Bn | - | 21.74% |
| 7 | Metlife | 64.87 Bn | -41.91 Bn | 7.82 Bn | 24.73% |
| 8 | Allstate | 63.73 Bn | 25.00 Bn | 8.73 Bn | 21.03% |
| 9 | Aon | 62.79 Bn | 56.01 Bn | - | 21.96% |
| 10 | Lincoln National | 7.73 Bn | -36.55 Bn | 2.62 Bn | 18.93% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.93% |
| Dec 31, 2025 | 17.60% |
| Sep 30, 2025 | 15.08% |
| Jun 30, 2025 | 17.57% |
| Dec 31, 2024 | 19.67% |
| Jun 30, 2024 | 18.34% |
| Mar 31, 2024 | 20.03% |
| Sep 30, 2023 | 17.50% |
| Jun 30, 2023 | 15.12% |
| Jun 30, 2022 | 18.60% |
| Mar 31, 2022 | 19.24% |
| Dec 31, 2021 | 17.10% |
| Sep 30, 2021 | 13.66% |
| Jun 30, 2021 | 16.88% |
| Mar 31, 2021 | 13.78% |
| Sep 30, 2020 | 13.48% |
| Dec 31, 2019 | 10.19% |
| Jun 30, 2019 | 13.78% |
| Mar 31, 2019 | 5.97% |
| Dec 31, 2018 | 14.56% |
API Access
Lincoln National Tax Rate 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=tax-rate&ticker=LNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=LNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();