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Lincoln National LNC Retirement Plan Services — Other Operating Expense

Other segment segments

Other Operations
$597M-32.3%

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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$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:SupplementaryInsuranceInformationOtherOperatingExpense.

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 retirement plan services — other operating expense?
Lincoln National (LNC) reported retirement plan services — other operating expense of $113.75M in Q4 2025.
How has Lincoln National's retirement plan services — other operating expense changed year-over-year?
Lincoln National's retirement plan services — other operating expense increased by 3.2% year-over-year, from $110.25M to $113.75M.
What is the long-term trend for Lincoln National's retirement plan services — other operating expense?
Over 4 years (2021 to 2025), Lincoln National's retirement plan services — other operating expense has grown at a 4.1% compound annual growth rate (CAGR), from $387M to $455M.
What does retirement plan services — other operating expense mean?
Captures the general administrative, overhead, and operational costs required to support the retirement plan services segment, excluding direct benefit costs and amortization. This metric measures the operational efficiency and cost discipline of the business unit in managing its service infrastructure. Monitoring this helps assess the scalability of the segment's administrative platform.