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Lincoln National LNC Group Protection — Interest accretion

Other segment segments

UL and Other
$248M+8.8%
Traditional Life
$36M-2.7%
Payout Annuities
$22M0.0%

Similar metrics at other companies

Equitable Holdings logo
EQHGroup Pension — Interest Accretion
$4M-20.0%
Unum logo
UNMGroup Disability — Interest accretion
$0
Equitable Holdings logo
EQHGroup Pension — Interest accrual
$4M-20.0%
Unum logo
UNMGroup Life and AD&D — Interest accretion
$0
The Hartford Financial Services Group logo
HIGGroup Insurance Policy — Prior year's discount accretion
$58M+5.5%
Equitable Holdings logo
EQHGroup Pension — Liability for Future Policy Benefit, Expected Net Premium, Interest Income
$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:LiabilityForFuturePolicyBenefitInterestExpense.

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

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Questions, answered.

What is Lincoln National's group protection — interest accretion?
Lincoln National (LNC) reported group protection — interest accretion of $55M in Q1 2026.
How has Lincoln National's group protection — interest accretion changed year-over-year?
Lincoln National's group protection — interest accretion increased by 10.0% year-over-year, from $50M to $55M.
What is the long-term trend for Lincoln National's group protection — interest accretion?
Over 4 years (2021 to 2025), Lincoln National's group protection — interest accretion has grown at a 7.7% compound annual growth rate (CAGR), from $145M to $195M.
What does group protection — interest accretion mean?
The non-cash expense recognized as the present value of future policy benefit liabilities increases over time as the expected payment date approaches. This metric is a fundamental measure of the time-value-of-money impact on long-duration insurance liabilities.