US · USD
LNC-PD
Lincoln National Corporation
- Day's range
- $25.67 – $25.84
- Day's volume
- $1.2M
- 52-week range
- $24.61 – $26.35
Follow LNC-PD in the Fuolio
See how LNC-PD weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountLNC-PD in numbers
- Market cap
- $4.9B
- P/E
- 2.09
- P/B
- 0.43
- Dividend yield (12m)
- 8.75%
The 12-month dividend yield of LNC-PD is 8.75%, above its 5-year average of 8.39%.
LNC-PD price history
LNC-PD risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months |
|---|---|---|
| Return | +2.37% | +20.36% |
| Volatility (annualized) | 4.11% | 4.85% |
| Largest drawdown | -2.24% | -4.06% |
| Positive months | 7/12 | 21/36 |
How much did investing in LNC-PD return?
$1,000.00 invested on 12/01/2022 would be worth $1,312.61 today.
- Value today in LNC-PD
- $1,312.61
- Return over the period
- +31.26%
- Return per year
- +7.32%
- In the S&P 500
- $2,031.98
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
LNC-PD fundamentals
Valuation
- P/E2.09
- P/B0.43
- EV/EBITDA—
- EV/EBIT—
- EV/Revenue0.61
- P/EBIT—
- P/S0.25
- P/OCF-3.71
- P/FCF—
- Earnings yield—
- PEG ratio—
- Earnings per share$12.32
- Book value per share$59.28
Debt
- Net debt$6.9B
- Net debt/EBITDA—
- Net debt/Equity0.60
- Debt/Equity0.60
- Current ratio—
- Quick ratio—
- Cash ratio—
Efficiency
- Gross margin—
- EBITDA margin—
- Operating margin—
- Net margin12.21%
- Asset turnover0.04
Profitability
- ROE20.79%
- ROA0.55%
- ROIC—
- Payout18.26%
Growth
- Revenue CAGR (5 years)0.46%
- Earnings CAGR (5 years)10.92%
- Revenue growth (year)—
- Earnings growth (year)—
- Revenue growth (quarter)—
- Earnings growth (quarter)—
What is LNC-PD's fair price?
Two classic value formulas, with today's numbers. The current price is $25.72.
- Graham's fair price
- $128.20
- 398.44% above the price
√(22.50 × $12.32 × $59.28)
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- $37.81
- 47.02% above the price
$2.27 (3-year average) ÷ 6%
Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.
Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.
LNC-PD's indicators by year
Multiples at each year's closing price; margins and returns from that year's statements.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E | 4.33 | 1.43 | -6.06 | 3.35 | — | — | — | — |
| P/B | 0.47 | 0.56 | 0.66 | 0.89 | — | — | — | — |
| Dividend yield | 8.39% | 8.21% | 8.58% | — | — | — | — | — |
| Earnings per share | $6.19 | $19.22 | -$4.43 | $8.03 | $21.91 | $2.60 | $4.53 | $8.03 |
| Book value per share | $57.37 | $48.53 | $40.63 | $30.15 | $115.48 | $118.25 | $100.78 | $70.24 |
| ROE | 10.79% | 39.61% | -10.91% | 26.62% | 18.97% | 2.20% | 4.50% | 11.44% |
| Net margin | 6.46% | 17.76% | -6.46% | 7.22% | 21.33% | 2.86% | 5.13% | 122.19% |
LNC-PD's financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | $18.2B | $18.4B | $11.6B | $18.8B | $17.7B | $17.4B |
| Cost of revenue | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — |
| EBITDA | — | — | — | — | — | — |
| EBIT | — | — | — | — | — | — |
| Financial result | — | — | — | — | — | — |
| Income before tax | $1.3B | $4B | -$1.1B | $1.7B | $4.6B | $423M |
| Income tax | -$161M | -$747M | $396M | -$367M | -$865M | $76M |
| Net income | $1.2B | $3.3B | -$752M | $1.4B | $3.8B | $499M |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does LNC-PD pay dividends?
Dividend yield per year
- 8.58%2023
- 8.21%2024
- 8.39%2025
- 6.56%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 08/14/2026 | 09/01/2026 | $0.56 |
| Dividend | 05/14/2026 | 06/01/2026 | $0.56 |
| Dividend | 02/12/2026 | 03/01/2026 | $0.56 |
| Dividend | 11/13/2025 | 12/01/2025 | $0.56 |
| Dividend | 08/14/2025 | 09/01/2025 | $0.56 |
| Dividend | 05/14/2025 | 06/01/2025 | $0.56 |
| Dividend | 02/13/2025 | 03/01/2025 | $0.56 |
| Dividend | 11/14/2024 | 12/01/2024 | $0.56 |
| Dividend | 08/14/2024 | 09/01/2024 | $0.56 |
| Dividend | 05/13/2024 | 06/01/2024 | $0.56 |
| Dividend | 02/13/2024 | 03/01/2024 | $0.56 |
| Dividend | 11/13/2023 | 12/01/2023 | $0.56 |
See all 15 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 08/11/2023 | 09/01/2023 | $0.56 |
| Dividend | 05/11/2023 | 06/01/2023 | $0.56 |
| Dividend | 02/15/2023 | 03/01/2023 | $0.62 |
About Lincoln National
- Sector
- Finance, insurance and real estate
Questions about LNC-PD
How much is LNC-PD today?
LNC-PD is at $25.72 (-0.39% on the day), last traded on 10/07/2026.
How much did LNC-PD pay in dividends in 2025?
LNC-PD paid $2.25 per share in 2025, a dividend yield of 8.39%.
What are the P/E and P/B of LNC-PD?
LNC-PD trades at a P/E of 2.09 and a P/B of 0.43.
How much did LNC-PD return in 12 months?
LNC-PD returned 2.37% in 12 months, with annualized volatility of 4.11% and a largest drawdown of -2.24%.