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Lincoln National LNC Future policy benefits

Discontinued — last reported Q3 '23

Future policy benefits at other companies

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Segments

By segment

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UL and Other$18.31B+9.6%
Other Operations$9B-0.7%
Group Protection$5.79B+1.4%
Traditional Life$3.7B-3.1%
Payout Annuities$1.99B-2.1%

By product

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Other$3.22B-3.4%

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$8.98B+20.1%
Enterprise value$8B+31.2%
P/E5.2×-1.4×
P/S0.5×+0.1×

Profitability

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Net margin9.2%+2.2pp

Returns & leverage

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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:LiabilityForFuturePolicyBenefits.

The source filing: Lincoln National’s 10-Q, filed November 2, 2023.

Filed
Nov 2, 2023, 12:40 PM EDT
Fiscal quarter
Q3 FY2023
Calendar quarter
Q3 2023
Accession
0000059558-23-000058
Line itemAs of / September 30, 2023As of / December 31, 2022
LIABILITIES AND STOCKHOLDERS’ EQUITY
Liabilities
Policyholder account balances$117,210$114,435
Future contract benefits39,36238,826
Market risk benefit liabilities1,3852,078
Deferred front-end loads5,6535,052
Payables for collateral on investments8,0466,712
Short-term debt-500

Item 1. Financial Statements

FAQ

What is Lincoln National's future policy benefits?
Lincoln National (LNC) reported future policy benefits of $39.36B in Q3 2023.

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