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Lincoln National LNC Variable Annuities — Separate Account, Liability, Withdrawal

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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:SeparateAccountLiabilityWithdrawal.

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 variable annuities — separate account, liability, withdrawal?
Lincoln National (LNC) reported variable annuities — separate account, liability, withdrawal of 460,000,000,000% in Q1 2026.
How has Lincoln National's variable annuities — separate account, liability, withdrawal changed year-over-year?
Lincoln National's variable annuities — separate account, liability, withdrawal increased by 17.5% year-over-year, from 391,500,000,000% to 460,000,000,000%.
What is the long-term trend for Lincoln National's variable annuities — separate account, liability, withdrawal?
Over 3 years (2022 to 2025), Lincoln National's variable annuities — separate account, liability, withdrawal has grown at a 21.4% compound annual growth rate (CAGR), from 923,800,000,000% to 1,652,400,000,000%.
What does variable annuities — separate account, liability, withdrawal mean?
The total value of assets withdrawn by policyholders from their variable annuity separate accounts during the period. High levels of withdrawals relative to assets can indicate increased lapse rates or a shift in customer preference away from the product.