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Lincoln National LNC Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Net margin9.2%+2.2pp6.5%-11.3pp11.5%+9.0pp6.3%-5.9pp7%-4.3pp
Returns
Return on equity18.8%+1.8pp12.3%-30.9pp21.7%+15.9pp13%-12.2pp16.9%-2.0pp
Return on assets0.4%+0.1pp0.3%-0.6pp0.5%+0.4pp0.3%-0.2pp0.3%0.0pp
Efficiency
Asset turnover0.0×0.0×0.0×0.0×0.0×
Leverage
Debt-to-equity0.6×-0.1×0.6×-0.2×0.6×-0.1×0.6×0.7×
Debt-to-assets0.0×0.0×0.0×
Per Share
Book value per share$51.97+10.4%$58.61+22.7%$53.79+3.2%$52.87+15.0%$47.06+7.2%
Valuation
Market capitalization$6.75B+10.3%$8.46B+56.6%$7.65B+42.2%$5.66B+7.0%$6.12B+12.7%
Enterprise value$5.77B-25.1%$5.28B-9.6%$2.75B-50.5%$4.28B$7.7B
Price / earnings3.9×-0.7×7.2×+5.5×3.6×4.6×
Price / sales0.4×0.0×0.5×+0.2×0.4×0.0×0.3×-0.1×0.3×-0.1×
Price / book0.7×-0.1×0.8×+0.1×0.7×+0.1×0.6×-0.1×0.7×0.0×
EV / sales0.3×-0.1×0.3×0.0×0.1×-0.2×0.2×0.4×
Earnings yield25.6%+3.8pp13.9%-46.7pp27.6%+21.0pp20.1%-12.7pp21.8%-3.1pp
Dividend yield4.9%-0.1pp3.8%-1.8pp4.1%-1.6pp5.4%-0.3pp5%-0.6pp

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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.