Lincoln National LNC Group Protection — Policyholder Account Balances

Other segment segments

Retirement Plan Services

$23.62B-0.7%

Other Operations

$7.4B+64.2%

Similar metrics at other companies

METGroup Benefits — Policyholder account balances

$11.01B+44.2%

PRUGroup Insurance — Policyholders’ account balances

$2.37B+0.2%

METGroup Life — Policyholder Account Balance

$11.09B-2.2%

RGAInsurance, Other — Policyholder Account Balance

$35.4B+64.9%

RGALife Insurance Product Line — Policyholder Account Balance

$3.24B-1.7%

METCorporate And Other — Policyholder account balances

$13.48B-36.6%

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:SupplementaryInsuranceInformationOtherPolicyClaimsAndBenefitsPayable.

The official record: Lincoln National’s 10-K, filed February 19, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lincoln National's group protection — policyholder account balances?: Lincoln National (LNC) reported group protection — policyholder account balances of $0 in Q4 2025.
What does group protection — policyholder account balances mean?: The total value of funds held on behalf of policyholders within interest-bearing or investment-linked insurance products. This balance represents a significant liability that the company manages through its investment portfolio.