What does other operations — future contract benefits mean?

This metric captures the estimated liability for future payments to policyholders under insurance and annuity contracts within the Other Operations segment. It reflects the company's commitment to meet long-term contractual obligations and is essential for assessing the segment's solvency and reserve adequacy.

Lincoln National (LNC) Other Operations — Future Contract Benefits

Screener

Other segment segments

Retirement Plan Services

$0—

Similar metrics at other companies

CRBGCorporate & Other — Future Policy Benefits

$20.1B-2.6%

VOYAEmployee Benefits — Future Policy Benefits and Contract Owner Account Balances

$2.3B-5.7%

UNMColonial Life — Reserves for Future Policy Contract Benefits

$2.03B+6.7%

UNMClosed Block — Reserves for Future Policy Contract Benefits

$25.09B+4.2%

UNMUnum International — Reserves for Future Policy Contract Benefits

$2.4B+11.2%

UNMUnum US — Reserves for Future Policy Contract Benefits

$8.49B-2.0%

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$8.93B+19.5%

Enterprise value$7.96B+30.5%

P/E5.2×-1.4×

P/S0.5×+0.1×

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:SupplementaryInsuranceInformationLiabilityForFuturePolicyBenefitsLossesClaimsAndLossExpenseReserves.

The source filing: Lincoln National’s 10-K, filed February 19, 2026.

Filed: Feb 19, 2026, 5:22 PM EST
Fiscal year: FY2025
Accession: 0000059558-26-000016

Column A / Business Segments and Other Operations	Column B / DAC / and / VOBA	Column C / Future / Contract / Benefits	Column D / Unearned / Premiums (1)	Column E / Policyholder / Account / Balances	Column F / Insurance / Premiums / and / Fee Income
Life Insurance	7,704	24,402	–	36,215	3,837
Group Protection	198	6,443	–	–	5,490
Retirement Plan Services	242	–	–	23,843	301
Other Operations	6	9,179	–	7,399	25
Total	$12,622	$42,077	–	$136,245	$12,162
	As of or For the Year Ended December 31, 2024
Annuities	$4,258	$2,019	–	$61,230	$2,508
Life Insurance	7,661	22,509	–	36,842	3,864

Item 15. Exhibits and Financial Statement Schedules

FAQ

What is Lincoln National's other operations — future contract benefits?: Lincoln National (LNC) reported other operations — future contract benefits of $9.18B in Q4 2025.
How has Lincoln National's other operations — future contract benefits changed year-over-year?: Lincoln National's other operations — future contract benefits increased by 1.2% year-over-year, from $9.07B to $9.18B.
What does other operations — future contract benefits mean?: This metric captures the estimated liability for future payments to policyholders under insurance and annuity contracts within the Other Operations segment. It reflects the company's commitment to meet long-term contractual obligations and is essential for assessing the segment's solvency and reserve adequacy.