What is Lincoln National's goodwill impairment?

Lincoln National (LNC) reported goodwill impairment of $0 in Q4 2025.

What is the long-term trend for Lincoln National's goodwill impairment?

Over 3 years (2022 to 2025), Lincoln National's goodwill impairment has grown at a -100.0% compound annual growth rate (CAGR), from $634M to $0.

What does goodwill impairment mean?

Write-down of goodwill carrying value when a reporting unit's fair value falls below its book value, indicating that past acquisitions have lost value.

Lincoln National LNC Goodwill impairment

Discontinued — last reported Q4 '25

Goodwill impairment at other companies

Prudential FinancialPRU

$0—

Segments

By segment

See full

Retirement Plan Services$0—

Other financials

Income statement

See full

Revenue$5.3B+13.1%

Net income-$172.0M+76.2%

EPS (diluted)-$1.10+75.1%

Balance sheet

See full

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

See full

Operating cash flow$138.0M+151%

Valuation

See full

Market cap$7.11B+10.3%

Enterprise value$6.13B-25.1%

P/E4.1×-0.7×

P/S0.4×0.0×

Profitability

See full

Net margin9.2%+2.2pp

Returns & leverage

See full

Return on equity18.8%+1.8pp

Debt / equity0.6×-0.1×

Where this comes from

Reported directly by Lincoln National in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The official record: Lincoln National’s 10-K, filed February 19, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lincoln National's goodwill impairment?: Lincoln National (LNC) reported goodwill impairment of $0 in Q4 2025.
What is the long-term trend for Lincoln National's goodwill impairment?: Over 3 years (2022 to 2025), Lincoln National's goodwill impairment has grown at a -100.0% compound annual growth rate (CAGR), from $634M to $0.
What does goodwill impairment mean?: Write-down of goodwill carrying value when a reporting unit's fair value falls below its book value, indicating that past acquisitions have lost value.