Lincoln National PE ratio LNC

Share price divided by earnings per share over the last twelve months, since 2011.

Today, Oct 23, 2026: 3.5×
10-year median: 9.3×
Against its 10-year history: 3rd; percentile: 0 is its lowest day, 100 its highest
10-year range: 2.1× to 39.6×
Peer median: 16.6×

Lincoln National's PE ratio is 3.5× as of Oct 23, 2026: a share price of $39.84 against $11.54 of earnings per share over the last twelve months.

That is below its ten-year median of 9.3×, lower than on 97% of days in the last ten years.

Over that time it ranged from 2.1× in Feb 2025 to 39.6× in Aug 2020.

The median for 10 life insurers of a similar size is 16.6×.

PE ratio over time

median 9.3×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	3.5×	3.5×	7.5×
2025	4.1×	2.1×	20.6×
2024	16.8×	3.0×	18.7×
2023	11.0×	9.0×	11.4×
2022	11.3×	6.9×	11.3×
2021	9.9×	9.0×	27.0×
2020	13.2×	3.9×	39.6×
2019	14.8×	5.8×	15.2×
2018	5.5×	5.3×	13.3×
2017	12.0×	10.1×	14.1×
2016	12.5×	7.0×	12.8×
2015	10.7×	8.6×	12.1×
2014	10.4×	9.2×	11.9×
2013	11.8×	6.7×	18.8×
2012	15.7×	6.5×	42.9×
2011	6.3×	4.4×	12.5×

Against its peers

Companies in Insurance - Life nearest Lincoln National's size, closest first, today.

Company	PE ratio
LNCLincoln National	3.5×
PRIPrimerica	11.0×
VOYAVoya Financial	16.2×
JXNJackson Financial	183×
CNOCNO Financial	18.4×
GLGlobe Life	10.3×
UNMUnum	21.0×
CRBGCorebridge Financial	19.8×
RGAReinsurance Group of America	11.6×
GNWGenworth Financial	17.1×
FGF&G Annuities & Life	7.0×
Peer median	16.6×

Where Lincoln National ranks

What the PE ratio tells you

Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.

Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.

More on Lincoln National

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.