Skip to content

Lincoln National LNC Group Protection — Deferred Policy Acquisition Cost

Other segment segments

UL and Other
$6.08B+2.5%
Traditional Life
$1.27B-3.7%
Other Operations
$6M

Similar metrics at other companies

Prudential Financial logo
PRUGroup Insurance — Deferred Policy Acquisition Costs
$154M-3.1%
The Hanover Insurance Group logo
THGDeferred Policy Acquisition Costs, Amortization Expense
$333.2M+6.1%
MetLife logo
METGroup Benefits — Deferred Policy Acquisition Costs, Amortization Expense
$12M+100%
Allstate logo
ALLProtection Services — Deferred policy acquisition costs
$3.23B+2.6%
Axis Capital Holders logo
AXSDeferred Policy Acquisition Costs, Amortization Expense
$304.26M+15.0%
Old Republic International logo
ORITitle Insurance Group — Deferred Policy Acquisition Costs
$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:DeferredPolicyAcquisitionCosts.

The official record: Lincoln National’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

Ask your AI about Lincoln National's group protection — deferred policy acquisition cost.

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

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Lincoln National's group protection — deferred policy acquisition cost?
Lincoln National (LNC) reported group protection — deferred policy acquisition cost of $196M in Q1 2026.
How has Lincoln National's group protection — deferred policy acquisition cost changed year-over-year?
Lincoln National's group protection — deferred policy acquisition cost increased by 8.3% year-over-year, from $181M to $196M.
What is the long-term trend for Lincoln National's group protection — deferred policy acquisition cost?
Over 2 years (2023 to 2025), Lincoln National's group protection — deferred policy acquisition cost has grown at a 13.4% compound annual growth rate (CAGR), from $588M to $756M.
What does group protection — deferred policy acquisition cost mean?
This metric tracks the unamortized portion of costs directly related to the successful acquisition of new insurance policies, such as commissions and underwriting expenses. By deferring these costs, the company matches expenses with the revenue generated over the life of the policy. It is a key indicator of the efficiency and scale of the company's sales and distribution efforts.