# Lincoln National Corporation (LNC)

> Financial Services · US · Reports in USD

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/LNC/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $ 18.73B | $ 1.20B | $ -170.99M | $ 6.27B | $ 10.91B |
| 2024 | $ 18.91B | $ 3.44B | $ -2.11B | $ 6.36B | $ 8.27B |
| 2023 | $ 12.66B | $ -813.10M | $ -2.24B | $ 6.12B | $ 6.89B |
| 2022 | $ 21.53B | $ 616.64M | $ 4.08B | $ 6.46B | $ 5.10B |
| 2021 | $ 22.74B | $ 1.67B | $ 179.49M | $ 6.65B | $ 20.75B |
| 2020 | $ 22.45B | $ 635.69M | $ 680.28M | $ 6.66B | $ 22.70B |
| 2019 | $ 22.27B | $ 1.14B | $ -3.47B | $ 6.21B | $ 19.69B |
| 2018 | $ 21.69B | $ 2.17B | $ 2.57B | $ 5.84B | $ 14.35B |
| 2017 | $ 19.19B | $ 2.80B | $ 1.06B | $ 5.34B | $ 17.32B |
| 2016 | $ 18.32B | $ 1.65B | $ 1.75B | $ 5.35B | $ 14.48B |
| 2015 | $ 19.05B | $ 1.62B | $ 3.15B | $ 5.58B | $ 13.62B |
| 2014 | $ 19.15B | $ 2.14B | $ 3.57B | $ 5.52B | $ 15.74B |
| 2013 | $ 17.02B | $ 1.77B | $ 1.14B | $ 5.82B | $ 13.45B |
| 2012 | $ 16.64B | $ 1.93B | $ 1.83B | $ 5.64B | $ 14.97B |
| 2011 | $ 15.63B | $ 377.57M | $ 1.88B | $ 5.69B | $ 14.16B |
| 2010 | $ 15.76B | $ 1.48B | $ 2.60B | $ 5.75B | $ 12.81B |
| 2009 | $ 12.86B | $ -734.36M | $ 1.42B | $ 5.40B | $ 11.70B |
| 2008 | $ 14.58B | $ 86.31M | $ 1.91B | $ 5.55B | $ 7.98B |
| 2007 | $ 15.75B | $ 1.84B | $ 2.96B | $ 5.17B | $ 11.72B |
| 2006 | $ 13.72B | $ 1.99B | $ 4.62B | $ 4.12B | $ 12.20B |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 0.57 |
| Liabilities / Eq | 37.25 |
| Current Ratio | 23.75 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 4.32 |
| Gross Debt / FCF | 26.85 |

## Other views

- [Metrics](https://sponda.capital/en/LNC.md)
- [Charts](https://sponda.capital/en/LNC/charts.md)
- [Compare](https://sponda.capital/en/LNC/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-27.