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Lincoln National LNC Other Operations — Other Operating Expense

Other segment segments

Retirement Plan Services
$441M+3.3%

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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:SupplementaryInsuranceInformationOtherOperatingExpense.

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 OperationsColumn G / Net / Investment / IncomeColumn H / Benefits / and / Interest / CreditedColumn I / Amortization / of DAC / and / VOBAColumn J / Other / Operating / ExpensesColumn K / Premiums / Written
Life Insurance2,6364,851511856
Group Protection3764,1181221,490
Retirement Plan Services1,02269219455
Other Operations14798597
Total$6,075$11,703$1,131$4,603
As of or For the Year Ended December 31, 2024
Annuities$1,636$1,711$427$1,411
Life Insurance2,4524,886503763

Item 15. Exhibits and Financial Statement Schedules

FAQ

What is Lincoln National's other operations — other operating expense?
Lincoln National (LNC) reported other operations — other operating expense of $149.25M in Q4 2025.
How has Lincoln National's other operations — other operating expense changed year-over-year?
Lincoln National's other operations — other operating expense decreased by 32.3% year-over-year, from $220.5M to $149.25M.
What is the long-term trend for Lincoln National's other operations — other operating expense?
Over 4 years (2021 to 2025), Lincoln National's other operations — other operating expense has grown at a 1.6% compound annual growth rate (CAGR), from $561M to $597M.
What does other operations — other operating expense mean?
This captures the general and administrative costs, overhead, and other operational expenses allocated to the Other Operations segment. Monitoring this metric is essential for evaluating the segment's cost structure and overall operational efficiency.

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