Lincoln National Corp operates multiple insurance and retirement businesses. The company's operating segment includes Annuities; Retirement Plan Services; Life Insurance and Group Protection. Its products include fixed and indexed annuities, variable annuities, universal life insurance (UL), variable universal life insurance (VUL), linked-benefit UL and VUL, indexed universal life insurance (IUL), term life insurance, employer-sponsored retirement plans and services, and group life, disability and dental.
1968
9.8K+
LTM Revenue $18.5B
LTM EBITDA $1.9B
$7.8B
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Lincoln National has a last 12-month revenue of $18.5B and a last 12-month EBITDA of $1.9B.
In the most recent fiscal year, Lincoln National achieved revenue of $18.0B and an EBITDA of n/a.
Lincoln National expects next 12-month revenue of XXX   and NTM EBITDA of XXX
See Lincoln National valuation multiples based on analyst estimatesFY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
---|---|---|---|---|---|
Revenue | $11.7B | $18.0B | XXX | XXX | XXX |
Gross Profit | n/a | n/a | XXX | XXX | XXX |
Gross Margin | NaN% | NaN% | XXX | XXX | XXX |
EBITDA | n/a | n/a | XXX | XXX | XXX |
EBITDA Margin | NaN% | NaN% | XXX | XXX | XXX |
Net Profit | -$2.2B | -$752M | XXX | XXX | XXX |
Net Margin | -19% | -4% | XXX | XXX | XXX |
Net Debt | $3.3B | $2.8B | XXX | XXX | XXX |
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As of March 19, 2025, Lincoln National's stock price is $37.
Lincoln National has current market cap of $6.2B, and EV of $7.8B.
See Lincoln National trading valuation dataEV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
---|---|---|---|---|---|---|
$7.8B | $6.2B | XXX | XXX | XXX | XXX | $7.20 |
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Sign UpAs of March 19, 2025, Lincoln National has market cap of $6.2B and EV of $7.8B.
Lincoln National's trades at 0.4x LTM EV/Revenue multiple, and 4.1x LTM EBITDA.
Analysts estimate Lincoln National's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Lincoln National and 10K+ public compsFY 2024 | FY 2025E | FY 2026E | FY 2027E | |
---|---|---|---|---|
EV | $7.8B | XXX | XXX | XXX |
EV/Revenue | 0.4x | XXX | XXX | XXX |
EV/EBITDA | n/a | XXX | XXX | XXX |
P/E | 1.9x | XXX | XXX | XXX |
P/E/Growth | -0.1x | XXX | XXX | XXX |
EV/FCF | -3.9x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpLincoln National's NTM/LTM revenue growth is 3%
Lincoln National's revenue per employee for the last fiscal year averaged $1.8M, while opex per employee averaged n/a for the same period.
Over next 12 months, Lincoln National's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Lincoln National's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Lincoln National and other 10K+ public compsFY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
---|---|---|---|---|---|
Revenue Growth | 54% | XXX | XXX | XXX | XXX |
EBITDA Margin | n/a | XXX | XXX | XXX | XXX |
EBITDA Growth | n/a | XXX | XXX | XXX | XXX |
Rule of 40 (SaaS-only) | n/a | XXX | XXX | XXX | XXX |
Revenue per Employee | $1.8M | XXX | XXX | XXX | XXX |
Opex per Employee | n/a | XXX | XXX | XXX | XXX |
S&M Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
G&A Expenses to Revenue | 15% | XXX | XXX | XXX | XXX |
R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
Opex to Revenue | n/a | XXX | XXX | XXX | XXX |
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EV/Revenue | EV/EBITDA | |||||
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2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
ADNIC | XXX | XXX | XXX | XXX | XXX | XXX |
Aegon | XXX | XXX | XXX | XXX | XXX | XXX |
ASR Nederland | XXX | XXX | XXX | XXX | XXX | XXX |
NN Group | XXX | XXX | XXX | XXX | XXX | XXX |
Challenger | XXX | XXX | XXX | XXX | XXX | XXX |
XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Lincoln National acquired XXX companies to date.
Last acquisition by Lincoln National was XXXXXXXX, XXXXX XXXXX XXXXXX . Lincoln National acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiplesAcquired Company | EV | EV/Revenue | EV/EBITDA |
---|---|---|---|
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
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Sign UpWhen was Lincoln National founded? | Lincoln National was founded in 1968. |
Where is Lincoln National headquartered? | Lincoln National is headquartered in United States of America. |
How many employees does Lincoln National have? | As of today, Lincoln National has 9.8K+ employees. |
Who is the CEO of Lincoln National? | Lincoln National's CEO is Ms. Ellen G. Cooper. |
Is Lincoln National publicy listed? | Yes, Lincoln National is a public company listed on NYS. |
What is the stock symbol of Lincoln National? | Lincoln National trades under LNC ticker. |
When did Lincoln National go public? | Lincoln National went public in 1969. |
Who are competitors of Lincoln National? | Similar companies to Lincoln National include e.g. ADNIC, Aegon, ASR Nederland, NN Group. |
What is the current market cap of Lincoln National? | Lincoln National's current market cap is $6.2B |
What is the current revenue of Lincoln National? | Lincoln National's last 12-month revenue is $18.5B. |
What is the current EBITDA of Lincoln National? | Lincoln National's last 12-month EBITDA is $1.9B. |
What is the current EV/Revenue multiple of Lincoln National? | Current revenue multiple of Lincoln National is 0.4x. |
What is the current EV/EBITDA multiple of Lincoln National? | Current EBITDA multiple of Lincoln National is 4.1x. |
What is the current revenue growth of Lincoln National? | Lincoln National revenue growth between 2023 and 2024 was 54%. |
Is Lincoln National profitable? | Yes, Lincoln National is EBITDA-positive (as of the last 12 months). |
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