LNC Lincoln National PE ratio, current and historical analysis
The PE ratio for Lincoln National stock stands at 22.16 as of Feb 4, 2025. This results from the current EPS of $1.52 and stock price of $33.69.
LNC PE ratio history
Over the last ten years, the average PE ratio of Lincoln National has been 9.58. The current 22.16 PE ratio is 131% above the historical average. Over the past ten years, LNC's PE ratio was at its highest in the Jun 2020 quarter at 32.56, with a price of $36.79 and an EPS of $1.13. The Jun 2022 quarter recorded the bottom point at 1.61, with a price of $46.77 and an EPS of $29.03.
Lincoln National PE ratio by year
Maximum annual increase: 129.92% in 2011
Maximum annual decrease: -82.67% in 2021
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2023 | N/A | N/A | $26.97 | -$4.92 |
| 2022 | 3.87 | 14.5% | $30.72 | $7.93 |
| 2021 | 3.38 | -82.67% | $68.26 | $20.17 |
| 2020 | 19.5 | 45.74% | $50.31 | $2.58 |
| 2019 | 13.38 | 98.22% | $59.01 | $4.41 |
| 2018 | 6.75 | -17.78% | $51.31 | $7.6 |
| 2017 | 8.21 | -36.94% | $76.87 | $9.36 |
| 2016 | 13.02 | 19.12% | $66.27 | $5.09 |
| 2015 | 10.93 | 10.07% | $50.26 | $4.6 |
| 2014 | 9.93 | -9.97% | $57.67 | $5.81 |
| 2013 | 11.03 | 99.46% | $51.62 | $4.68 |
| 2012 | 5.53 | -79.5% | $25.9 | $4.68 |
| 2011 | 26.97 | 129.92% | $19.42 | $0.72 |
| 2010 | 11.73 | N/A | $27.81 | $2.37 |
| 2009 | N/A | N/A | $24.88 | -$1.85 |
Lincoln National PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2024 | 20.73 | 541.8% | $31.51 | $1.52 |
| Jun 2024 | 3.23 | -25.06% | $31.1 | $9.63 |
| Mar 2024 | 4.31 | N/A | $31.93 | $7.4 |
| Dec 2023 | N/A | N/A | $26.97 | -$4.92 |
| Sep 2023 | 3.44 | N/A | $24.69 | $7.17 |
| Jun 2023 | N/A | N/A | $25.76 | -$8.11 |
| Mar 2023 | N/A | N/A | $22.47 | -$6.15 |
| Dec 2022 | 3.87 | 48.85% | $30.72 | $7.93 |
| Sep 2022 | 2.6 | 61.49% | $43.91 | $16.87 |
| Jun 2022 | 1.61 | -32.35% | $46.77 | $29.03 |
| Mar 2022 | 2.38 | -29.59% | $65.36 | $27.5 |
| Dec 2021 | 3.38 | -65.65% | $68.26 | $20.17 |
| Sep 2021 | 9.84 | 15.09% | $68.75 | $6.99 |
| Jun 2021 | 8.55 | -52.21% | $62.84 | $7.35 |
| Mar 2021 | 17.89 | -8.26% | $62.27 | $3.48 |
LNC average PE ratio chart
The current PE ratio of LNC is above the 3, 5 and 10-year historical averages.
LNC PE vs peers
Compared to its peer stocks MET and PRU, LNC's PE ratio stands higher. Lincoln National's current PE ratio of 22.16 is above the average of its peers, which is 12.38.
| Stock name | PE ratio | Market cap |
|---|---|---|
| UNM Unum Group | 8.2 | $13.87B |
| PRU Prudential Financial Inc | 10.48 | $41.99B |
| VOYA Voya Financial Inc | 10.68 | $6.58B |
| CNO CNO Financial Group Inc | 15.57 | $4.07B |
| MET Metlife Inc | 16.99 | $58.6B |
| LNC Lincoln National Corp | 22.16 | $5.74B |
Frequently asked questions
What is Lincoln National's PE ratio?
LNC stock has a price to earnings ratio of 22.16 as of Feb 4, 2025.
What is the 3-year average PE ratio for Lincoln National (LNC)?
The average PE ratio for LNC stock over the past 3 years is 5.27.
What is the 5-year average PE ratio for Lincoln National (LNC)?
The average PE ratio for LNC stock over the past 5 years is 9.34.
What is the highest PE ratio for LNC?
In the last ten years, the Jun 2020 quarter recorded the highest quarterly PE ratio at 32.56.
How does the current PE ratio for LNC compare to its historical average?
LNC's price to earnings ratio is currently 131% above its 10-year historical average.
How is LNC's PE ratio calculated (Lincoln National PE ratio formula)?
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Feb 4, 2025), Lincoln National's stock price is $33.69. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.52. Therefore, Lincoln National's P/E ratio for today is 22.16. PE RATIO(22.16) = STOCK PRICE($33.69) / TTM EPS($1.52)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.