Lincoln National (LNC) Total Debt (2009 - 2026)
Lincoln National's (LNC) quarterly Total Debt came in at $7.3 billion in Q2 2026, up 25.98% on a YoY basis from $5.8 billion in Q2 2025, and up 7.33% quarter-over-quarter from $6.8 billion in Q1 2026.
Analysis
Lincoln National (LNC) Total Debt (2009 - 2026) Analysis & Trends
Lincoln National (LNC) has reported Total Debt for 18 consecutive years, with $7.3 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Total Debt rose 25.98% year-over-year to $7.3 billion; the trailing twelve-month figure through Jun 2026 stood at $7.3 billion (up 25.98% YoY), and the FY2025 full-year result was $6.7 billion, up 3.25% from the prior year.
- Total Debt advanced to $7.3 billion in Q2 2026 per LNC's latest filing, from $6.8 billion in the prior quarter.
- Across five years, Total Debt topped out at $7.4 billion in Q4 2022 and bottomed at $5.8 billion in Q2 2025.
- Historically, Total Debt has averaged $6.5 billion across 5 years, with a median of $6.5 billion in 2023.
- The sharpest annual moves came in 2023 and 2026: Total Debt slipped 16.79% in 2023, then grew 25.98% in 2026.
- Over 5 years, Total Debt stood at $7.4 billion in 2022, then decreased by 16.79% to $6.2 billion in 2023, then climbed by 4.15% to $6.5 billion in 2024, then advanced by 3.25% to $6.7 billion in 2025, then increased by 8.99% to $7.3 billion in 2026.
- According to Business Quant data, Total Debt over the past three periods registered $7.3 billion, $6.8 billion, and $6.7 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Metlife | 62.16 Bn | 34.84 Bn | 7.82 Bn | 6.06 Bn |
| 2 | Manulife Financial | 24.69 Bn | 25.90 Bn | - | 12.23 Bn |
| 3 | Equitable Holdings | 14.62 Bn | -4.31 Bn | 1.22 Bn | 3.84 Bn |
| 4 | Jackson Financial | 9.71 Bn | 3.72 Bn | - | 2.86 Bn |
| 5 | Corebridge Financial | 9.48 Bn | -296.14 Bn | 2.79 Bn | - |
| 6 | Primerica | 9.02 Bn | 8.38 Bn | 717.74 Mn | 1.16 Bn |
| 7 | Sun Life Financial | 8.56 Bn | 3.96 Bn | - | 8.37 Bn |
| 8 | Brookfield Wealth Solutions | 8.52 Bn | -4.26 Bn | 1.92 Bn | 1.16 Bn |
| 9 | Lincoln National | 8.41 Bn | -3.27 Bn | 2.62 Bn | 7.27 Bn |
| 10 | Prudential Financial | 5.23 Bn | -26.69 Bn | 7.91 Bn | 29.85 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.27 Bn |
| Mar 31, 2026 | 6.77 Bn |
| Dec 31, 2025 | 6.67 Bn |
| Sep 30, 2025 | 5.77 Bn |
| Jun 30, 2025 | 5.77 Bn |
| Mar 31, 2025 | 5.87 Bn |
| Dec 31, 2024 | 6.46 Bn |
| Sep 30, 2024 | 6.50 Bn |
| Jun 30, 2024 | 6.62 Bn |
| Mar 31, 2024 | 6.73 Bn |
| Dec 31, 2023 | 6.20 Bn |
| Sep 30, 2023 | 5.91 Bn |
| Jun 30, 2023 | 6.45 Bn |
| Mar 31, 2023 | 6.47 Bn |
| Dec 31, 2022 | 7.45 Bn |
| Sep 30, 2022 | 6.46 Bn |
| Jun 30, 2022 | 6.50 Bn |
| Mar 31, 2022 | 6.56 Bn |
| Dec 31, 2021 | 7.62 Bn |
| Sep 30, 2021 | 6.62 Bn |