Lincoln National Statistics

Total Valuation

LNC has a market cap or net worth of $5.61 billion. The enterprise value is $7.72 billion.

Market Cap	5.61B
Enterprise Value	7.72B

Important Dates

The last earnings date was Thursday, May 2, 2024, before market open.

Earnings Date	May 2, 2024
Ex-Dividend Date	Jul 10, 2024

Share Statistics

LNC has 170.03 million shares outstanding. The number of shares has increased by 0.26% in one year.

Shares Outstanding	170.03M
Shares Change (YoY)	+0.26%
Shares Change (QoQ)	+0.00%
Owned by Insiders (%)	0.31%
Owned by Institutions (%)	73.89%
Float	168.61M

Valuation Ratios

The trailing PE ratio is 4.49 and the forward PE ratio is 4.63. LNC's PEG ratio is 1.24.

PE Ratio	4.49
Forward PE	4.63
PS Ratio	0.47
Forward PS	0.29
PB Ratio	0.74
P/FCF Ratio	n/a
PEG Ratio	1.24

Financial Ratio History

Enterprise Valuation

EV / Earnings	5.72
EV / Sales	0.65
EV / EBITDA	3.29
EV / EBIT	3.29
EV / FCF	n/a

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	0.83
Debt / EBITDA	2.66
Debt / FCF	n/a
Interest Coverage	7.10

Financial Efficiency

Return on equity (ROE) is 23.00% and return on invested capital (ROIC) is 12.30%.

Return on Equity (ROE)	23.00%
Return on Assets (ROA)	0.40%
Return on Capital (ROIC)	12.30%
Revenue Per Employee	$1.08M
Profits Per Employee	$122,460
Employee Count	11,024
Asset Turnover	0.03
Inventory Turnover	n/a

Taxes

In the past 12 months, LNC has paid $199.00 million in taxes.

Income Tax	199.00M
Effective Tax Rate	12.85%

Stock Price Statistics

The stock price has increased by +57.70% in the last 52 weeks. The beta is 1.79, so LNC's price volatility has been higher than the market average.

Beta (1Y)	1.79
52-Week Price Change	+57.70%
50-Day Moving Average	29.72
200-Day Moving Average	26.56
Relative Strength Index (RSI)	73.20
Average Volume (30 Days)	1,794,371

Short Selling Information

The latest short interest is 3.57 million, so 2.10% of the outstanding shares have been sold short.

Short Interest	3.57M
Short Previous Month	3.59M
Short % of Shares Out	2.10%
Short % of Float	2.12%
Short Ratio (days to cover)	2.16

Income Statement

In the last 12 months, LNC had revenue of $11.95 billion and earned $1.35 billion in profits. Earnings per share was $7.34.

Revenue	11.95B
Gross Profit	2.01B
Operating Income	1.88B
Pretax Income	2.01B
Net Income	1.35B
EBITDA	2.34B
EBIT	2.34B
Earnings Per Share (EPS)	$7.34

Full Income Statement

Balance Sheet

The company has $4.12 billion in cash and $6.23 billion in debt, giving a net cash position of -$2.11 billion or -$12.39 per share.

Cash & Cash Equivalents	4.12B
Total Debt	6.23B
Net Cash	-2.11B
Net Cash Per Share	-$12.39
Equity / Book Value	7.55B
Book Value Per Share	44.38
Working Capital	n/a

Full Balance Sheet

Cash Flow

Operating Cash Flow	-2.64B
Capital Expenditures	n/a
Free Cash Flow	-2.64B
FCF Per Share	-$15.58

Full Cash Flow Statement

Margins

Gross margin is 16.82%, with operating and profit margins of 15.74% and 11.30%.

Gross Margin	16.82%
Operating Margin	15.74%
Pretax Margin	16.86%
Profit Margin	11.30%
EBITDA Margin	19.62%
EBIT Margin	19.62%
FCF Margin	-22.12%

Dividends & Yields

This stock pays an annual dividend of $1.80, which amounts to a dividend yield of 5.46%.

Dividend Per Share	$1.80
Dividend Yield	5.46%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	24.52%
Buyback Yield	-0.26%
Shareholder Yield	5.19%
Earnings Yield	24.07%
FCF Yield	-47.12%

Dividend Details

Analyst Forecast

The average price target for LNC is $29.08, which is -11.85% lower than the current price. The consensus rating is "Hold".

Price Target	$29.08
Price Target Difference	-11.85%
Analyst Consensus	Hold
Analyst Count	13
Revenue Growth Forecast (5Y)	17.57%
EPS Growth Forecast (5Y)	n/a

Stock Forecasts

Stock Splits

The last stock split was on June 22, 1999. It was a forward split with a ratio of 2:1.

Last Split Date	Jun 22, 1999
Split Type	Forward
Split Ratio	2:1

Scores

Altman Z-Score	n/a
Piotroski F-Score	3