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Lincoln National LNC Traditional Life — Deferred policy acquisition costs, amortization expense

Other segment segments

UL and Other
$83M+5.1%
Group Protection
$32M+10.3%

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$1M0.0%

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:DeferredPolicyAcquisitionCostAmortizationExpense.

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 traditional life — deferred policy acquisition costs, amortization expense?
Lincoln National (LNC) reported traditional life — deferred policy acquisition costs, amortization expense of $35M in Q1 2026.
How has Lincoln National's traditional life — deferred policy acquisition costs, amortization expense changed year-over-year?
Lincoln National's traditional life — deferred policy acquisition costs, amortization expense decreased by 5.4% year-over-year, from $37M to $35M.
What is the long-term trend for Lincoln National's traditional life — deferred policy acquisition costs, amortization expense?
Over 3 years (2022 to 2025), Lincoln National's traditional life — deferred policy acquisition costs, amortization expense has grown at a 3.5% compound annual growth rate (CAGR), from $128M to $142M.
What does traditional life — deferred policy acquisition costs, amortization expense mean?
This represents the periodic charge to earnings resulting from the systematic amortization of capitalized policy acquisition costs. It reflects the recognition of acquisition expenses over the duration of the insurance contracts. Consistent monitoring of this expense provides insight into the profitability profile and the matching of costs to earned premiums.