Lincoln National (LNC) Revenue & Revenue Breakdown
Lincoln National Revenue Highlights
Latest Revenue (Y)
$11.64B
Latest Revenue (Q)
$5.15B
Main Segment (Y)
Group Protection Segment
Main Geography (Y)
Life Segment
Lincoln National Revenue by Period
Lincoln National Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $11.64B | -38.09% |
| 2022-12-31 | $18.81B | -2.18% |
| 2021-12-31 | $19.23B | 10.27% |
| 2020-12-31 | $17.44B | 1.05% |
| 2019-12-31 | $17.26B | 5.08% |
| 2018-12-31 | $16.42B | 15.20% |
| 2017-12-31 | $14.26B | 6.95% |
| 2016-12-31 | $13.33B | -1.78% |
| 2015-12-31 | $13.57B | 0.13% |
| 2014-12-31 | $13.55B | 13.24% |
| 2013-12-31 | $11.97B | 3.79% |
| 2012-12-31 | $11.53B | 8.43% |
| 2011-12-31 | $10.64B | 2.20% |
| 2010-12-31 | $10.41B | 22.45% |
| 2009-12-31 | $8.50B | -14.01% |
| 2008-12-31 | $9.88B | -6.71% |
| 2007-12-31 | $10.59B | 16.89% |
| 2006-12-31 | $9.06B | 65.14% |
| 2005-12-31 | $5.49B | 2.17% |
| 2004-12-31 | $5.37B | 1.65% |
| 2003-12-31 | $5.28B | 13.99% |
| 2002-12-31 | $4.64B | -27.35% |
| 2001-12-31 | $6.38B | -6.87% |
| 2000-12-31 | $6.85B | 0.70% |
| 1999-12-31 | $6.80B | 11.77% |
| 1998-12-31 | $6.09B | 24.26% |
| 1997-12-31 | $4.90B | -27.12% |
| 1996-12-31 | $6.72B | 1.33% |
| 1995-12-31 | $6.63B | -5.03% |
| 1994-12-31 | $6.98B | -15.75% |
| 1993-12-31 | $8.29B | - |
Lincoln National generated $11.64B in revenue during NA 2023, up -38.09% compared to the previous quarter, and up 70.90% compared to the same period a year ago.
Lincoln National Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $5.15B | 25.19% |
| 2024-03-31 | $4.12B | 1841.51% |
| 2023-12-31 | $212.00M | -94.96% |
| 2023-09-30 | $4.20B | 43.20% |
| 2023-06-30 | $2.94B | -23.05% |
| 2023-03-31 | $3.81B | -0.70% |
| 2022-12-31 | $3.84B | -19.95% |
| 2022-09-30 | $4.80B | -6.00% |
| 2022-06-30 | $5.10B | 8.90% |
| 2022-03-31 | $4.69B | 1.80% |
| 2021-12-31 | $4.60B | -12.15% |
| 2021-09-30 | $5.24B | 8.04% |
| 2021-06-30 | $4.85B | 6.99% |
| 2021-03-31 | $4.53B | 9.65% |
| 2020-12-31 | $4.13B | -22.87% |
| 2020-09-30 | $5.36B | 52.43% |
| 2020-06-30 | $3.52B | -20.52% |
| 2020-03-31 | $4.42B | 1.86% |
| 2019-12-31 | $4.34B | -6.34% |
| 2019-09-30 | $4.64B | 7.61% |
| 2019-06-30 | $4.31B | 8.70% |
| 2019-03-31 | $3.96B | -12.49% |
| 2018-12-31 | $4.53B | 6.26% |
| 2018-09-30 | $4.26B | 6.07% |
| 2018-06-30 | $4.02B | 11.39% |
| 2018-03-31 | $3.61B | -1.64% |
| 2017-12-31 | $3.67B | 4.50% |
| 2017-09-30 | $3.51B | -1.85% |
| 2017-06-30 | $3.58B | 2.20% |
| 2017-03-31 | $3.50B | 7.56% |
| 2016-12-31 | $3.25B | -7.69% |
| 2016-09-30 | $3.52B | 6.59% |
| 2016-06-30 | $3.31B | 1.97% |
| 2016-03-31 | $3.24B | 2.24% |
| 2015-12-31 | $3.17B | -14.64% |
| 2015-09-30 | $3.72B | 9.91% |
| 2015-06-30 | $3.38B | 2.33% |
| 2015-03-31 | $3.30B | -10.36% |
| 2014-12-31 | $3.69B | 8.06% |
| 2014-09-30 | $3.41B | 3.93% |
| 2014-06-30 | $3.28B | 3.34% |
| 2014-03-31 | $3.18B | 1.73% |
| 2013-12-31 | $3.12B | 3.76% |
| 2013-09-30 | $3.01B | 0.33% |
| 2013-06-30 | $3.00B | 5.45% |
| 2013-03-31 | $2.84B | -4.05% |
| 2012-12-31 | $2.96B | 0.34% |
| 2012-09-30 | $2.95B | 1.90% |
| 2012-06-30 | $2.90B | 6.82% |
| 2012-03-31 | $2.71B | 5.56% |
| 2011-12-31 | $2.57B | 0.91% |
| 2011-09-30 | $2.55B | -9.13% |
| 2011-06-30 | $2.80B | 3.31% |
| 2011-03-31 | $2.71B | 1.95% |
| 2010-12-31 | $2.66B | 1.88% |
| 2010-09-30 | $2.61B | 0.32% |
| 2010-06-30 | $2.60B | 3.05% |
| 2010-03-31 | $2.53B | 5.35% |
| 2009-12-31 | $2.40B | 15.28% |
| 2009-09-30 | $2.08B | 6.62% |
| 2009-06-30 | $1.95B | -13.06% |
| 2009-03-31 | $2.25B | -1.23% |
| 2008-12-31 | $2.27B | -6.69% |
| 2008-09-30 | $2.44B | -5.65% |
| 2008-06-30 | $2.58B | 2.30% |
| 2008-03-31 | $2.52B | 0.88% |
| 2007-12-31 | $2.50B | - |
Lincoln National generated $5.15B in revenue during Q2 2024, up 25.19% compared to the previous quarter, and up 135.11% compared to the same period a year ago.
Lincoln National Revenue Breakdown
Lincoln National Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Life Segment | $1.16B | $7.16B | $8.14B | $7.52B | $7.44B |
| Retirement Plan Services Segment | - | $1.27B | $1.32B | $1.21B | $1.20B |
| Annuities Segment | $-1.58B | $4.77B | $5.00B | $4.46B | $4.60B |
| Group Protection Segment | $5.01B | $5.30B | $5.00B | $4.79B | $4.59B |
| Other Operations | $-920.00M | $159.00M | $180.00M | $185.00M | $220.00M |
| Excluded Realized Gain Loss Pre Tax Reconciling Item | - | - | - | - | $-794.00M |
| Amortization Of Dfel Associated With Benefit Ratio Unlocking Pre Tax | - | - | - | - | $6.00M |
Lincoln National's latest annual revenue breakdown by segment (product or service), as of Dec 23: Group Protection Segment (136.55%), Life Segment (31.64%), Other Operations (-25.05%), and Annuities Segment (-43.14%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group Protection Segment | $1.44B | $1.43B | $838.00M | $1.39B | $1.40B | $1.39B | $1.34B | $1.33B | $1.32B | $1.30B | $1.25B | $1.24B | $1.25B | $1.25B | $1.19B | $1.18B | $1.20B | $1.22B | $1.16B | $1.14B |
| Life Segment | $1.51B | $1.54B | - | $1.72B | $1.76B | $1.76B | $1.77B | $1.76B | $1.80B | $1.82B | $1.84B | $2.33B | $2.03B | $1.94B | $1.93B | $2.13B | $1.64B | $1.82B | $1.84B | $2.10B |
| Retirement Plan Services Segment | $327.00M | $322.00M | - | $327.00M | $334.00M | $328.00M | $324.00M | $316.00M | $315.00M | $318.00M | $335.00M | $328.00M | $333.00M | $327.00M | $324.00M | $311.00M | $282.00M | $297.00M | $310.00M | $298.00M |
| Annuities Segment | $1.21B | $1.27B | - | $1.20B | $1.19B | $1.14B | $1.19B | $1.18B | $1.17B | $1.23B | $1.28B | $1.27B | $1.25B | $1.20B | $1.16B | $1.13B | $1.04B | $1.13B | $1.15B | $1.12B |
| Other Operations | - | - | - | $38.00M | $46.00M | $43.00M | $48.00M | $36.00M | $34.00M | $40.00M | $55.00M | $42.00M | $45.00M | $38.00M | $54.00M | $40.00M | $52.00M | $38.00M | $54.00M | $50.00M |
Lincoln National's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Life Segment (33.67%), Group Protection Segment (32.11%), Annuities Segment (26.94%), and Retirement Plan Services Segment (7.29%).
Lincoln National Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 22 | Dec 21 | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|---|---|
| Retirement Plan Services Segment | $1.27B | $1.32B | $1.21B | $1.20B | $1.18B |
| Annuities Segment | $4.77B | $5.00B | $4.46B | $4.60B | $4.38B |
| Group Protection Segment | $5.30B | $5.00B | $4.79B | $4.59B | $3.76B |
| Life Segment | $7.16B | $8.14B | $7.52B | $7.44B | $6.92B |
| Other Operations | $159.00M | $180.00M | $185.00M | $220.00M | $235.00M |
| Excluded Realized Gain Loss Pre Tax Reconciling Item | - | - | - | $-794.00M | $-46.00M |
| Amortization Of Dfel Associated With Benefit Ratio Unlocking Pre Tax | - | - | - | $6.00M | $-5.00M |
Lincoln National's latest annual revenue breakdown by geography, as of Dec 22: Life Segment (38.34%), Group Protection Segment (28.41%), Annuities Segment (25.58%), Retirement Plan Services Segment (6.82%), and Other Operations (0.85%).
Lincoln National Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| MET | MetLife | $66.41B | $17.82B |
| MFC | Manulife Financial | $42.31B | $12.55B |
| AFL | Aflac | $18.70B | $5.14B |
| UNM | Unum Group | $12.39B | $3.23B |
| LNC | Lincoln National | $11.64B | $5.15B |
| PUK | Prudential | $10.86B | $5.37B |
| BHF | Brighthouse Financial | $4.12B | $1.64B |
| JXN | Jackson Financial | $3.16B | $-322.00M |
| PRU | Prudential Financial | $-3.17B | $14.88B |
LNC Revenue FAQ
What is Lincoln National’s yearly revenue?
Lincoln National's yearly revenue for 2023 was $11.64B, representing a decrease of -38.09% compared to 2022. The company's yearly revenue for 2022 was $18.81B, representing a decrease of -2.18% compared to 2021. LNC's yearly revenue for 2021 was $19.23B, representing an increase of 10.27% compared to 2020.
What is Lincoln National’s quarterly revenue?
Lincoln National's quarterly revenue for Q2 2024 was $5.15B, a 25.19% increase from the previous quarter (Q1 2024), and a 75.57% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $4.12B, a 1841.51% increase from the previous quarter (Q4 2023), and a 7.92% increase year-over-year (Q1 2023). LNC's quarterly revenue for Q4 2023 was $212M, a -94.96% decrease from the previous quarter (Q3 2023), and a -94.48% decrease year-over-year (Q4 2022).
What is Lincoln National’s revenue growth rate?
Lincoln National's revenue growth rate for the last 3 years (2021-2023) was -39.44%, and for the last 5 years (2019-2023) was -32.52%.
What are Lincoln National’s revenue streams?
Lincoln National's revenue streams in c 23 are Life Segment, Annuities Segment, Group Protection Segment, and Other Operations. Life Segment generated $1.16B in revenue, accounting 31.64% of the company's total revenue, down -83.76% year-over-year. Annuities Segment generated $-1.584B in revenue, accounting -43.14% of the company's total revenue, down -133.18% year-over-year. Group Protection Segment generated $5.01B in revenue, accounting 136.55% of the company's total revenue, down -5.45% year-over-year. Other Operations generated $-920M in revenue, accounting -25.05% of the company's total revenue, down -678.62% year-over-year.
What is Lincoln National’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Lincoln National was Group Protection Segment. This segment made a revenue of $5.01B, representing 136.55% of the company's total revenue.