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Lincoln National LNC Debt-to-equity

Debt-to-equity at other companies

Aflac logo
AflacAFL
0.3×0.0×
MetLife logo
MetLifeMET
0.5×0.0×
Prudential Financial logo
Prudential FinancialPRU
0.6×-0.1×
Equitable Holdings logo
Equitable HoldingsEQH
14.1×+12.3×
Jackson Financial logo
Jackson FinancialJXN
0.3×+0.1×
Corebridge Financial logo
Corebridge FinancialCRBG

Other financials

Income statement

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Revenue$5.3B+13.1%
Net income-$172.0M+76.2%
EPS (diluted)-$1.10+75.1%

Balance sheet

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Cash & equivalents$7.3B+71.5%
Total debt$6.4B+8.5%
Total equity$10.2B+24.6%
Total assets$406.16B+6.1%

Cash flow

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Operating cash flow$138.0M+151%

Valuation

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Market cap$7.11B+10.3%
Enterprise value$6.13B-25.1%
P/E4.1×-0.7×
P/S0.4×0.0×

Profitability

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Net margin9.2%+2.2pp

Returns & leverage

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Return on equity18.8%+1.8pp

Where this comes from

Calculated from Lincoln National’s reported figures.

Based on the most recent quarter.

The official record: Lincoln National’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lincoln National's debt-to-equity?
Lincoln National (LNC) reported debt-to-equity of 0.6× in Q1 2026.
How has Lincoln National's debt-to-equity changed year-over-year?
Lincoln National's debt-to-equity decreased by 12.9% year-over-year, from 0.7× to 0.6×.
What is the long-term trend for Lincoln National's debt-to-equity?
Over 5 years (2020 to 2025), Lincoln National's debt-to-equity has grown at a 13.1% compound annual growth rate (CAGR), from 0.3× to 0.6×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.