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Lincoln National LNC Annuities — Benefits and Interest Credited

Other segment segments

Retirement Plan Services
$675M+1.7%
Other Operations
$98M+123%

Similar metrics at other companies

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FNFFixed rate annuities — Interest credited
$222M+13.8%
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FNFIndexed annuities — Interest credited
$245M+22.5%
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AFLFixed Annuity — Interest credited
$12M0.0%
Prudential Financial logo
PRUAnnuities — Interest credited to policyholders’ account balances
$18M-33.3%
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CBAnnuities — Policyholder Account Balance, Interest Expense
$13M+30.0%
Ameriprise Financial logo
AMPFixed Indexed Annuity — Interest credited
$3M0.0%

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
Debt / equity0.6×-0.1×

Where this comes from

Reported directly by Lincoln National in its filing.

Tagged under the XBRL concept us-gaap:SupplementaryInsuranceInformationBenefitsClaimsLossesAndSettlementExpense.

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 annuities — benefits and interest credited?
Lincoln National (LNC) reported annuities — benefits and interest credited of $486M in Q4 2025.
How has Lincoln National's annuities — benefits and interest credited changed year-over-year?
Lincoln National's annuities — benefits and interest credited increased by 13.6% year-over-year, from $427.75M to $486M.
What is the long-term trend for Lincoln National's annuities — benefits and interest credited?
Over 4 years (2021 to 2025), Lincoln National's annuities — benefits and interest credited has grown at a 17.2% compound annual growth rate (CAGR), from $1.03B to $1.94B.
What does annuities — benefits and interest credited mean?
Includes the costs associated with benefit payments to policyholders and the interest credited to their account balances as part of the annuity contract terms. This metric reflects the direct cost of servicing the annuity liabilities and the competitive rate of return offered to clients.