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40.8Debt to Equity Ratio
VS
Market
1
Sector
1
Industry
7
History
28
$ 38.04Close
$ 28.95 - $ 43.29 52-Week Range
Ticker Information

Ticker

LNC

Company Name

LINCOLN NATIONAL CORP

Sector

Financial Services

Industry

Insurance - Life

Exchange

NYSE

LINCOLN NATIONAL CORP - Debt to Equity Ratio Chart Analysis (TTM)

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LNC - D/E Historical data
DateDebt to Equity RatioShareholders EquityTotal Liabilities
6/30/202540.8$ 9.55B$ 389.52B
3/31/202545.73$ 8.19B$ 374.7B
12/31/202446.26$ 8.27B$ 382.56B
9/30/202443.03$ 9.01B$ 387.83B
6/30/202447.38$ 7.95B$ 376.58B
3/31/202449.81$ 7.55B$ 375.83B
12/31/202353.03$ 6.89B$ 365.52B
9/30/2023104.79$ 3.2B$ 335.21B
6/30/202358.91$ 5.82B$ 342.79B
3/31/202349.97$ 6.73B$ 336.41B
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Key Performance Insights, Last 5 Years

  • LINCOLN NATIONAL CORP's latest trailing twelve months (TTM) D/E stands at 15.14.
  • Over the past 5 years, LINCOLN NATIONAL CORP's average D/E has been 46.24.
  • The median D/E for LINCOLN NATIONAL CORP during this period was 44.38
  • LINCOLN NATIONAL CORP reached its highest D/E over the past 5 years at 145.45.
  • The lowest D/E recorded by LINCOLN NATIONAL CORP in the same timeframe 15.12

LINCOLN NATIONAL CORP's D/E vs. competitors

We picked the following companies as peers based on multiple factors, including sector, industry, market capitalization and revenue

D/E Benchmarks
CompanyD/E
JXN : JACKSON FINANCIAL INC 32.17UNM : UNUM GROUP 4.55PRI : PRIMERICA INC 5.43FG : F&G ANNUITIES & LIFE INC 19.66GNW : GENWORTH FINANCIAL INC 8.83VOYA : VOYA FINANCIAL INC 35.84GL : GLOBE LIFE INC 4.5CNO : CNO FINANCIAL GROUP INC 13.8BHF : BRIGHTHOUSE FINANCIAL INC 41.76AXS : AXIS CAPITAL HOLDINGS LTD 4.53

Definition of Debt to Equity Ratio

[Calculation] Debt to Equity (D/E) measures the ratio between a company’s [Liabilities] and [Equity]. A high ratio might indicate more risk.
Liabilities / Equity
(=) D/E
D/E for LINCOLN NATIONAL CORP is calculated as follows: Liabilities [ $ 326.25B ] / Equity [ $ 21.55B ]
(=) D/E [ 15.14 ]

LNC - Debt to Equity Ratio, Last 5 years

15.12

Minimum

Dec 31, 2020

145.45

Maximum

Sep 30, 2022

46.24

Average

44.38

Median

D/E Benchmark Analysis

The chart above depicts the distribution of D/E for companies in the Total Stock Market. The average D/E of the companies is 1.39 with a standard deviation of 1.31.
The following table provides additional summary stats:
D/E in the Market:
filtered constituents3.3K
min0
max6.05
average1.39
median0.98
std1.31