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Lincoln National LNC Retirement Plan Services — Deferred Policy Acquisition Cost

Other segment segments

UL and Other
$6.08B+2.5%
Traditional Life
$1.27B-3.7%
Group Protection
$181M
Other Operations
$6M

Similar metrics at other companies

Principal Financial Group logo
PFGWorkplace Savings And Retirement Solutions — Deferred Policy Acquisition Costs
$530.7M+2.2%
Equitable Holdings logo
EQHRetirement — Deferred policy acquisition costs
$5.16B+8.0%
Axis Capital Holders logo
AXSDeferred policy acquisition costs
$933.8M+49.1%
Prudential Financial logo
PRUIndividual Retirement Strategies — Deferred Policy Acquisition Costs
$4.33B+5.8%
Prudential Financial logo
PRURetirement — Deferred Policy Acquisition Cost
$2.4B+21.7%
The Hanover Insurance Group logo
THGDeferred policy acquisition costs
$690.8M+5.2%

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:DeferredPolicyAcquisitionCosts.

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 retirement plan services — deferred policy acquisition cost?
Lincoln National (LNC) reported retirement plan services — deferred policy acquisition cost of $243M in Q1 2026.
How has Lincoln National's retirement plan services — deferred policy acquisition cost changed year-over-year?
Lincoln National's retirement plan services — deferred policy acquisition cost increased by 0.4% year-over-year, from $242M to $243M.
What is the long-term trend for Lincoln National's retirement plan services — deferred policy acquisition cost?
Over 2 years (2023 to 2025), Lincoln National's retirement plan services — deferred policy acquisition cost has grown at a 0.8% compound annual growth rate (CAGR), from $951M to $967M.
What does retirement plan services — deferred policy acquisition cost mean?
This represents the capitalized costs directly related to the successful acquisition of new insurance and retirement contracts, such as commissions and underwriting expenses. These costs are deferred and recognized as an expense over the life of the policy to match revenue recognition. It serves as a key indicator of the company's investment in business growth and customer acquisition efficiency.