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Lincoln National LNC Fixed Annuities — Policyholder Account Balance, Policy Charge

Other product segments

UL and Other
$1.1B-0.8%
Variable Annuities
$1M

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GNWFixed annuities — Policyholder Account Balance, Policy Charge
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CNOFixed indexed annuities — Policyholder Account Balance, Policy Charge
$7.5M+8.7%
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CNOFixed interest annuities — Policyholder Account Balance, Policy Charge
$400K-20.0%
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FGFixed rate annuities — Policyholder Account Balance, Policy Charge
$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$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:PolicyholderAccountBalancePolicyCharge.

The source filing: Lincoln National’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:23 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000059558-26-000035
Line itemVariable AnnuitiesFixed AnnuitiesUL and OtherRetirement Plan Services
Balance as of beginning-of-year$40,060$28,728$35,986$23,843
Gross deposits1,869718837880
Withdrawals(920)(616)(403)(1,279)
Policyholder assessments(1)(15)(1,095)(5)
Net transfers from (to) separate account(651)6886
Interest credited230256357169
Change in fair value of embedded derivative
instruments and other(1,444)(97)(27)

Item 1. Financial Statements

FAQ

What is Lincoln National's fixed annuities — policyholder account balance, policy charge?
Lincoln National (LNC) reported fixed annuities — policyholder account balance, policy charge of $15M in Q1 2026.
How has Lincoln National's fixed annuities — policyholder account balance, policy charge changed year-over-year?
Lincoln National's fixed annuities — policyholder account balance, policy charge decreased by 0.0% year-over-year, from $15M to $15M.
What is the long-term trend for Lincoln National's fixed annuities — policyholder account balance, policy charge?
Over 3 years (2022 to 2025), Lincoln National's fixed annuities — policyholder account balance, policy charge has grown at a 5.0% compound annual growth rate (CAGR), from $51M to $59M.
What does fixed annuities — policyholder account balance, policy charge mean?
Represents the recurring fees and administrative charges deducted from policyholder account balances within the fixed annuity segment. This metric reflects the revenue generated from policy maintenance and service fees, serving as a key indicator of the segment's profitability and cost-recovery efficiency.

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