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Lincoln National LNC Group Protection — Expected future benefit payments

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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:LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitUndiscountedBeforeReinsurance.

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 itemAs of March 31, 2026 / UndiscountedAs of March 31, 2026 / DiscountedAs of March 31, 2025 / UndiscountedAs of March 31, 2025 / Discounted
Group Protection
Expected future benefit payments$7,537$5,793$7,413$5,712

Item 1. Financial Statements

FAQ

What is Lincoln National's group protection — expected future benefit payments?
Lincoln National (LNC) reported group protection — expected future benefit payments of $7.54B in Q1 2026.
How has Lincoln National's group protection — expected future benefit payments changed year-over-year?
Lincoln National's group protection — expected future benefit payments increased by 1.7% year-over-year, from $7.41B to $7.54B.
What is the long-term trend for Lincoln National's group protection — expected future benefit payments?
Over 2 years (2023 to 2025), Lincoln National's group protection — expected future benefit payments has grown at a 2.2% compound annual growth rate (CAGR), from $28.6B to $29.85B.
What does group protection — expected future benefit payments mean?
An actuarial estimate of the total cash outflows required to satisfy future claims obligations for the current block of business. This forward-looking metric is essential for evaluating long-term solvency and the adequacy of current premium pricing strategies.

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