Lincoln National Corporation
LNCFinancial ServicesNASDAQInsurance - Life · Last scanned May 29, 2026
Scan Results
Daily timeframe1 of 4 indicators bearish as of May 28
Lincoln National Corporation, through its subsidiaries, operates multiple insurance and retirement businesses in the United States. The $6.71B market capitalization puts LNC squarely in mid-cap range for its industry. It operates through four segments: Life Insurance, Annuities, Group Protection, and Retirement Plan Services.
Market Cap
$6.71B
Beta
1.19
P/E (TTM)
3.84
P/E (Fwd)
4.21
EPS (TTM)
$9.14
EPS (Fwd)
$8.33
ROE
18.8%
ROA
0.3%
Cash
$42.69B
Total Debt
$6.71B
Free CF
$2.87B
52W Change
5.9%
Annual Financials
Cash vs Debt
Lincoln National Corporation holds $42.69B in cash against $6.71B in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. The company generates $2.87B in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. ROE of 18.8% points to strong capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 0.3% is on the lower side, which is common in asset-heavy industries. Revenue has been relatively flat, moving from $18.93B (2022) to $18.34B (2025).
With cash comfortably exceeding debt, LNC has financial flexibility that may help navigate uncertain periods. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Lincoln National Corporation's trajectory.