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Lincoln National LNC Life — Supplementary Insurance Information Net Investment Income

Other segment segments

Annuities
$1.64B-1.9%
Retirement Plan Services
$997M-1.5%
Group Protection
$376M+8.0%
Other Operations
$147M+32.4%

Similar metrics at other companies

Prudential Financial logo
PRUIndividual Life — Supplementary Insurance Information Net Investment Income
$722.75M-8.1%
Chubb logo
CBSegment Life — Net investment income
$305M+12.5%
Prudential Financial logo
PRUGroup Insurance — Supplementary Insurance Information Net Investment Income
$135.75M+2.3%
Globe Life logo
GLLife — Net investment income
$0
Cincinnati Financial logo
CINFLife Insurance Segment — Investment income, net of expenses
$50.5M+6.3%
The Travelers Companies logo
TRVBusiness And International Insurance — Supplementary Insurance Information Net Investment Income
$695.5M+8.7%

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:SupplementaryInsuranceInformationNetInvestmentIncome.

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 life — supplementary insurance information net investment income?
Lincoln National (LNC) reported life — supplementary insurance information net investment income of $659M in Q4 2025.
How has Lincoln National's life — supplementary insurance information net investment income changed year-over-year?
Lincoln National's life — supplementary insurance information net investment income increased by 7.5% year-over-year, from $613M to $659M.
What is the long-term trend for Lincoln National's life — supplementary insurance information net investment income?
Over 4 years (2021 to 2025), Lincoln National's life — supplementary insurance information net investment income has grown at a -4.8% compound annual growth rate (CAGR), from $3.21B to $2.64B.
What does life — supplementary insurance information net investment income mean?
This metric represents the net investment income generated by the assets held to support the liabilities and operations of the Life Insurance segment. It includes interest, dividends, and other investment returns earned on the segment's investment portfolio after deducting related investment expenses. This serves as a primary driver of profitability for the life insurance business.