Skip to content
Screener

Lincoln National LNC Group Protection — Deferrals

Other segment segments

UL and Other
$106M+12.8%
Traditional Life
$24M+14.3%

Similar metrics at other companies

Voya Financial logo
VOYARetirement Deferred Group and Individual Annuity — Deferrals of commissions and expenses
$13M-7.1%
Jackson Financial logo
JXNRILA — Deferrals of acquisition costs
$82M+11.6%
Jackson Financial logo
JXNVariable annuity — Deferrals of acquisition costs
$141M+38.2%
Voya Financial logo
VOYABusinesses Exited — Deferrals of commissions and expenses
$0
Voya Financial logo
VOYAHealth Solutions — Deferrals of commissions and expenses
$13M+18.2%
Corebridge Financial logo
CRBGGroup Retirement — Capitalization
$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$8.98B+20.1%
Enterprise value$8B+31.2%
P/E5.2×-1.4×
P/S0.5×+0.1×

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:DeferredPolicyAcquisitionCostsAdditions.

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 AnnuitiesTraditional LifeUL and OtherGroup ProtectionRetirement Plan Services
Balance as of beginning-of-year$4,008$452$1,281$6,057$198$242
Deferrals1424624106305
Amortization(108)(19)(35)(83)(32)(4)
Balance as of end-of-period$4,042$479$1,270$6,080$196$243

Item 1. Financial Statements

FAQ

What is Lincoln National's group protection — deferrals?
Lincoln National (LNC) reported group protection — deferrals of $30M in Q1 2026.
How has Lincoln National's group protection — deferrals changed year-over-year?
Lincoln National's group protection — deferrals decreased by 6.3% year-over-year, from $32M to $30M.
What is the long-term trend for Lincoln National's group protection — deferrals?
Over 3 years (2022 to 2025), Lincoln National's group protection — deferrals has grown at a 13.2% compound annual growth rate (CAGR), from $98M to $142M.
What does group protection — deferrals mean?
This represents the amount of acquisition-related costs capitalized during a specific period rather than being expensed immediately. It reflects the volume of new business production and the associated upfront costs incurred to generate future premiums. Monitoring this helps investors understand the current pace of business growth and the impact of acquisition spending on short-term earnings.

Ask your AI about Lincoln National's group protection — deferrals.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude