Superworth

Lincoln National profit margin LNC

Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.

Net margin, 12 months
12.2%
Net margin on a year earlier
+5.9 pts
Peer median
5.9%

Over the twelve months to Jun 30, 2026, Lincoln National kept 12.2% of its revenue as net profit.

Five years earlier its net margin was 7.4%.

The median for 10 life insurers of a similar size is 5.9%.

Profit margin over time

Net

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet margin
FY20256.5%
FY202417.8%
FY2023−6.5%
FY20223.0%
FY20219.5%
FY20202.9%
FY20195.1%
FY201810.0%
FY201714.6%
FY20168.9%
FY20158.5%
FY201411.2%
FY201310.4%
FY201211.4%
FY20112.1%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a year
Q2 FY2612.2%+5.9 pts
Q1 FY269.2%+2.2 pts
Q4 FY256.5%−11.3 pts
Q3 FY2511.5%+9.0 pts
Q2 FY256.3%−5.9 pts
Q1 FY257.0%−4.3 pts
Q4 FY2417.8%+24.2 pts
Q3 FY242.5%−0.8 pts
Q2 FY2412.2%+25.8 pts
Q1 FY2411.3%+21.1 pts
Q4 FY23−6.5%−9.4 pts
Q3 FY233.3%−2.9 pts

Against its peers

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

CompanyProfit margin
LNCLincoln National12.2%
PRIPrimerica23.2%
VOYAVoya Financial7.4%
JXNJackson Financial1.6%
CNOCNO Financial6.0%
GLGlobe Life19.6%
UNMUnum5.3%
CRBGCorebridge Financial4.5%
RGAReinsurance Group of America5.8%
GNWGenworth Financial2.9%
FGF&G Annuities & Life6.9%
Peer median5.9%

Where Lincoln National ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Lincoln National

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