Lincoln National Corporation (NYSE: LNC) is a financial services company that operates multiple insurance and retirement businesses. The company, which does business as Lincoln Financial Group, provides services such as life insurance, annuities, and group protection plans. It focuses on helping clients with their financial security and retirement planning needs.
On May 7th, 2026, Lincoln National Corporation reported strong quarterly results. The company announced an earnings per share (EPS) of $1.66, which beat the analyst consensus estimate of $1.58. As highlighted by Zacks, this figure also surpassed their estimate of $1.63 per share and showed an increase from the $1.60 per share reported in the same quarter last year.
The company also reported revenue of $5.31 billion, exceeding the estimated $4.93 billion. While the company had a net loss of $211 million, its adjusted operating income was $326 million. Adjusted operating income removes one-time or unusual items to give a clearer view of a company's core operational profitability.
Looking at its valuation, Lincoln National Corporation has a trailing twelve-month Price-to-Earnings (P/E) ratio of 4.06. Its Price-to-Sales (P/S) ratio is 0.38. A P/S ratio under 1.0 can sometimes indicate that a company's stock price is low compared to its revenues. The company's earnings yield stands at a high 24.62%.
The company's financial health shows a Debt-to-Equity ratio of 0.57, indicating it has less debt than equity. However, its Enterprise Value-to-Operating Cash Flow (EV/OCF) ratio is -23.70, which points to a negative operating cash flow for the period. This means its core business operations used more cash than they generated.
