LNC Lincoln National Corporation

Price (delayed)

$33.47

Market cap

$6.47B

P/E Ratio

29.62

Dividend/share

$1.57

EPS

$1.13

Enterprise value

$9B

Sector: Financial Services
Industry: Insurance - Life
Lincoln National Corp. is a holding company, which operates multiple insurance and retirement businesses through its subsidiary companies. It provides advice and solutions that help empower people to take charge of their financial lives with confidence and optimism. The company operates through the following segments: Annuities, Retirement Plan Services, Life Insurance, Group Protection, and Other Operations. The Annuities segment provides tax-deferred investment growth and lifetime income opportunities for its clients by offering fixed and variable annuities. The Retirement Plan Services segment includes employers with retirement plan products and services, primarily in the defined contribution retirement plan marketplaces. The Life Insurance segment focuses on the creation and protection of wealth for its clients by providing life insurance products, including term insurance, both single and survivorship versions of universal life insurance, variable universal life insurance and indexed universal life insurance products. The Group Protection segment offers group non-medical insurance products, which includes term life, disability, dental, vision and accident and critical illness benefits and services to the employer marketplace through various forms of employee-paid and employer-paid plans. The Other Operations segment includes the financial data for operations. Lincoln National was founded in 1968 and is headquartered in Radnor, PA.

Highlights

The company's equity rose by 25% QoQ and by 12% YoY
The P/E is 174% above the 5-year quarterly average of 10.8 and 73% above the last 4 quarters average of 17.1
The net income has plunged by 85% YoY and by 67% from the previous quarter

Key stats

What are the main financial stats of LNC
Market
Shares outstanding
193.25M
Market cap
$6.47B
Enterprise value
$9B
Valuations
Price to earnings (P/E)
29.62
Price to book (P/B)
0.31
Price to sales (P/S)
0.38
EV/EBIT
20.41
EV/EBITDA
20.41
EV/Sales
0.53
Earnings
Revenue
$16.93B
EBIT
$441M
EBITDA
$441M
Free cash flow
$847M
Per share
EPS
$1.13
Free cash flow per share
$4.38
Book value per share
$107.29
Revenue per share
$87.59
TBVPS
$1,748.65
Balance sheet
Total assets
$339.66B
Total liabilities
$318.93B
Debt
$6.74B
Equity
$20.73B
Working capital
N/A
Liquidity
Debt to equity
0.32
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.75
Margins
EBITDA margin
2.6%
Gross margin
3%
Net margin
1.4%
Operating margin
2.6%
Efficiency
Return on assets
0.1%
Return on equity
1.2%
Return on invested capital
0.1%
Return on capital employed
N/A
Return on sales
2.6%
Dividend
Dividend yield
4.69%
DPS
$1.57
Payout ratio
138.9%

LNC stock price

How has the Lincoln National stock price performed over time

Financial performance

How have Lincoln National's revenue and profit performed over time
Revenue
$16.93B
Gross profit
$502M
Operating income
$441M
Net income
$229M
Gross margin
3%
Net margin
1.4%
The net income has plunged by 85% YoY and by 67% from the previous quarter
Lincoln National's net margin has plunged by 84% YoY and by 64% from the previous quarter
LNC's operating income has shrunk by 78% YoY and by 56% QoQ
LNC's operating margin has dropped by 77% year-on-year and by 54% since the previous quarter

Growth

What is Lincoln National's growth rate over time

Valuation

What is Lincoln National stock price valuation
P/E
29.62
P/B
0.31
P/S
0.38
EV/EBIT
20.41
EV/EBITDA
20.41
EV/Sales
0.53
The P/E is 174% above the 5-year quarterly average of 10.8 and 73% above the last 4 quarters average of 17.1
The EPS has plunged by 84% YoY and by 67% from the previous quarter
The price to book (P/B) is 61% less than the 5-year quarterly average of 0.8 and 38% less than the last 4 quarters average of 0.5
The company's equity rose by 25% QoQ and by 12% YoY
The P/S is 53% lower than the 5-year quarterly average of 0.8 and 24% lower than the last 4 quarters average of 0.5
The company's revenue fell by 4.5% QoQ

Efficiency

How efficient is Lincoln National business performance
LNC's return on equity has dropped by 87% year-on-year and by 68% since the previous quarter
The ROIC has plunged by 83% YoY and by 67% from the previous quarter
The return on assets has dropped by 80% year-on-year and by 50% since the previous quarter
The ROS has plunged by 77% YoY and by 54% from the previous quarter

Dividends

What is LNC's dividend history
DPS
$1.57
Dividend yield
4.69%
Payout ratio
138.9%
Recent dividends

Financial health

How did Lincoln National financials performed over time
LNC's total assets is 7% greater than its total liabilities
LNC's total assets is up by 7% since the previous quarter and by 5% year-on-year
LNC's total liabilities is up by 6% since the previous quarter and by 5% year-on-year
Lincoln National's debt is 68% less than its equity
The company's equity rose by 25% QoQ and by 12% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.