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Lincoln National LNC Direct policyholder liability remeasurement (gain) loss

Direct policyholder liability remeasurement (gain) loss at other companies

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Jackson FinancialJXN
-$18M-50.0%
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Principal Financial GroupPFG
$14.7M+768%
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Reinsurance Group of AmericaRGA
$7M-87.5%
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MetLifeMET
$13M-58.1%
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UnumUNM
-$48.2M-154%
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PrimericaPRI
$7.38M+125%

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 lnc:DirectPolicyholderLiabilityRemeasurementBenefitGainLoss.

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 direct policyholder liability remeasurement (gain) loss?
Lincoln National (LNC) reported direct policyholder liability remeasurement (gain) loss of -$43.25M in Q4 2025.
How has Lincoln National's direct policyholder liability remeasurement (gain) loss changed year-over-year?
Lincoln National's direct policyholder liability remeasurement (gain) loss decreased by 301.2% year-over-year, from $21.5M to -$43.25M.
What is the long-term trend for Lincoln National's direct policyholder liability remeasurement (gain) loss?
Over 4 years (2021 to 2025), Lincoln National's direct policyholder liability remeasurement (gain) loss has grown at a 1.7% compound annual growth rate (CAGR), from -$162M to -$173M.
What does direct policyholder liability remeasurement (gain) loss mean?
Reflects the gain or loss arising from the periodic remeasurement of liabilities for future policy benefits due to changes in actuarial assumptions, such as interest rates or mortality. It is a key indicator of the sensitivity of the company's long-term insurance reserves to economic and demographic shifts.