Skip to content

Lincoln National LNC Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Net margin6.5%-11.3pp17.8%+24.2pp-6.5%-9.4pp3%-6.6pp
Returns
Return on equity12.3%-30.9pp43.2%+55.8pp-12.5%-17.1pp4.5%-4.3pp
Return on assets0.3%-0.6pp0.9%+1.1pp-0.2%-0.4pp0.2%-0.3pp
Efficiency
Asset turnover0.0×0.0×0.0×0.1×0.0×
Leverage
Debt-to-equity0.6×-0.2×0.8×-0.1×0.9×-0.5×1.4×+1.0×
Debt-to-assets0.0×0.0×0.0×0.0×
Per Share
Book value per share$58.61+22.7%$47.78+18.3%$40.37+36.7%$29.54-71.9%
Valuation
Market capitalization$8.46B+56.6%$5.4B+18.0%$4.58B-12.0%$5.2B-57.9%
Enterprise value$5.28B-9.6%$5.85B-20.1%$7.32B-18.2%$8.94B-47.3%
Price / earnings7.2×+5.5×1.6×9.2×+2.6×
Price / sales0.5×+0.2×0.3×-0.1×0.4×+0.1×0.3×-0.4×
Price / book0.8×+0.1×0.7×0.0×0.7×-0.4×+0.4×
EV / sales0.3×0.0×0.3×-0.3×0.6×+0.2×0.5×-0.4×
Earnings yield13.9%-46.7pp60.6%+77.1pp-16.4%-27.3pp10.9%-4.4pp
Dividend yield3.8%-1.8pp5.7%-1.0pp6.7%+0.7pp6%+3.4pp

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Questions, answered.

Where do Lincoln National's ratios come from?
Every ratio is computed from Lincoln National's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.