Stock Ratings / Financials / LNC / financials

PRI (66) VOYA (78) JXN (61) GL (71) ⌘ Pro Terminal →

Lincoln National Corporation (LNC) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

$41.01 -0.87% NYSE • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $40.87

Lincoln National Corporation (LNC) carries a Roarable Rating of D- (Sell) with 42/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

📊 Historical Track Record Warning: Scores below 50 (42/100 · D-) historically underperformed SPY in 71% of rolling 90-day windows →

ROARABLE D- • SELL / AVOID Cap $7.92B

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on LNC Below — or Connect Your Own ChatGPT / Claude

🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is LNC stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

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As of 2026-11-02, Lincoln National Corporation (NYSE: LNC) is rated D- (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 42/100 at a spot price of $41.01 (-0.87% 1D, market cap $7.92B). Pillar breakdown: Fundamental Cash Engine 8/20, Institutional 13F & Options Flow 11/20, Executive Insider Alignment 10/20, FRED Macro Regime Fit 8/20, and SEC Balance-Sheet Forensics 5/20. Across 1096 tracked Financials issuers, LNC ranks #903 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief

🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does LNC compare to PRI and VOYA in the Financials sector?

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Within the Financials sector (Life Insurance), LNC carries a Roarable D- (42/100 RQD), trailing P/E of 6.7x, gross margin of —, and ROIC of 0.9%. By comparison, PRI (Primerica Inc.) holds a C+ grade (66/100 RQD, P/E 24.4x, ROIC 5.2%, cap $8.73B) and VOYA (Voya Financial Inc.) posts a B+ grade (78/100 RQD, P/E 13.6x, ROIC 85.0%, cap $8.91B). Among the 5-stock peer group, LNC leads on earnings multiple (6.7x) while VOYA leads on capital efficiency (85.0% ROIC).

✓ Pre-computed one-to-many AI Quant brief

🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for LNC?

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Per LNC's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0000059558), Lincoln National Corporation generated $18.21B in revenue (-1.2% YoY), $1.18B in net income, and -$986.5M in free cash flow against $417.20B in total assets and $182.83B in total debt. Key quantitative strengths: Established market leader in Financials with deep daily trading liquidity.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief

🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $40.87 (-0.35%)🧬 Dilution Drag (+1.92% YoY Shares)⚙️ Cash Engine: 8/20 (D-) • 0% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record Warning: Scores below 50 (42/100 · D-) historically underperformed SPY in 71% of rolling 90-day windows (-7.0% avg 90D alpha vs SPY • 29.0% hit rate).

Audit Bucket Track Record →

RQD QUANT TACHOMETERSELL / AVOID • D-

3-of-3 JEV AI Jury Bearish Warning

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw D- · Rk D

Each axis scored 0–20

12M PRICE TARGET CONE-7.2% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for LNC)Realized 20D OHLCV Swing Band: ±4.9%

Deterministic 5-Pillar Attribution (42/100 Composite)

🔍 WHY LNC SCORES 42/100 (D-) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: Whale & Options Positioning+11/20 pts (26% of score)

20D Institutional Volume Accumulation (±4.9% realized swing band)

▲ #2 Bullish Driver: SEC 10-K Forensic Risk+10/20 pts (24% of score)

Altman Z-Score 3.80 (FORTRESS SAFE (>3.0)) • Piotroski F-Score 3/9

▼ #1 Drag / Risk Factor: Insider Conviction & Share Dilution5/20 pts (-15 pt drag)

Dilution Drag (+1.92% YoY Shares) & executive Form 4 sales trim 15 pts from alignment

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade E$40.63-2.7% Next Q

Q2 (-2Q)

Grade E$39.55+2.1% Next Q

Q3 (-1Q)

Grade E$40.38+1.6% Next Q

Current

Grade D-$41.01-7% Hist 90D α

Trajectory: E (34) → D- (42)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)CONTRARIAN TURNAROUND & SHORT-SQUEEZE DOSSIER

⚔️ Adversarial Opposing Case: What Could Spark a LNC Turnaround Squeeze

Gideon Ashmere Forensic Desk →

While LNC currently carries a cautious 42/100 (D-) rating due to Insider Conviction & Share Dilution (5/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.

🚀 Contrarian Squeeze Trigger #1

Established market leader in Financials with deep daily trading liquidity.

🚀 Contrarian Squeeze Trigger #2

Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($41.68) and Max Pain ($43.06) forces dealer call-delta covering toward $50.05.

🚀 Contrarian Squeeze Trigger #3

Forensic Repair Trigger: Halting share dilution (Dilution Drag (+1.92% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.

🎲 LIVE PREDICTION MARKET ODDS TIED TO $LNC• $2.4M Crowd Pool • Kalshi / Polymarket Composite

Contract: “LNC Beats Next Quarter EPS Consensus (Dec 30, 2026) & Holds Above 200D SMA”

YES 42%NO 58%Trade / Inspect Odds →

VISUAL REVENUE-TO-PROFIT SANKEY WATERFALL • FY 2025 (10-K)

How LNC Turns Every Dollar of Sales Into Real Bottom-Line Profit

Free Cash Flow:$0 (0% FCF Margin)

Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory

■ Revenue■ Net Profit■ Free Cash Flow

FY23

Rev $11.64B

FY24

Rev $18.44B

FY25

Rev $18.21B

Fiscal Year	Revenue	Gross Margin	Op Margin	Net Profit	Free Cash Flow	ROIC %
FY 2025	$18.21B	52%	7.6%	$1.18B	-$986.5M	0.7%
FY 2024	$18.44B	52%	21%	$3.27B	-$2.84B	2.2%
FY 2023	$11.64B	52%	-7.6%	-$752.0M	-$2.60B	-8.3%

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring LNC)

✓Walkthrough of LNC's RQD Radar, SEC cash-conversion gap & downside invalidation levels
✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

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LNC // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +11.08%⚡ TESTING RESISTANCE

2026-11-02O $40.66H $41.37L $40.66C $41.01VOL 1.92M

RES: $41.42SUP: $36.46SMA50: $41.68SMA200: $38.99

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

LNC Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 LNC Butterfly Map → + Track LNC →

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)

-8.8%/yr Implied 5Y Growth

vs. -1.2% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on LNC today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for LNC. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for LNC today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (LNC)

Financials Rank #903 of 1096 ⚔️ PRI vs LNC Full Matrix →

1. Head-to-Head Financials Peer Comparison (LNC vs. PRI, VOYA, JXN, GL)

Industry: Life Insurance (18 Tracked Issuers)

Across 1096 tracked Financials securities in the Roarable RQD universe, Lincoln National Corporation (LNC) ranks #903 by composite RQD confidence (42/100, grade D-) and #219 by equity capitalization ($7.92B). Within this direct 5-issuer industry benchmark cohort, LNC leads on earnings valuation at 6.7x trailing P/E, while VOYA leads on capital efficiency and profitability with 85.0% ROIC and — gross margin. VOYA currently holds the highest overall quantitative score in the immediate peer group at 78/100 (B+) compared with LNC at 42/100 (D-).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
LNC ACTIVE Lincoln National Corporation	D-	42/100	6.7x	—	0.9%	-0.87%	$7.92B	Benchmark Subject
PRI Primerica Inc.	C+	66/100	24.4x	—	5.2%	-0.87%	$8.73B	/pri-vs-lnc →
VOYA Voya Financial Inc.	B+	78/100	13.6x	—	85.0%	-0.35%	$8.91B	/voya-vs-lnc →
JXN Jackson Financial Inc. (Class A)	C-	61/100	—	—	0.0%	-0.76%	$9.21B	/jxn-vs-lnc →
GL Globe Life Inc.	B-	71/100	10.6x	—	24.3%	-0.85%	$12.33B	/gl-vs-lnc →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0000059558

In its most recent audited fiscal period (FY2025, filed 2025-12-31), Lincoln National Corporation (LNC) reported GAAP revenue of $18.21B (-1.2% vs. FY2024 revenue of $18.44B , and +56.4% cumulative change since FY2023) , GAAP net income of $1.18B, operating cash flow of -$167.0M, and free cash flow of -$986.5M (+65.2% YoY). On the balance sheet, LNC closed FY2025 with $417.20B in total assets against $182.83B in total debt (Altman Z-Score: N/A, Piotroski F-Score: 3/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-12-31	$18.21B	$1.18B	-$167.0M	-$986.5M	$417.20B	$182.83B
FY2024 (FY)	2024-12-31	$18.44B	$3.27B	-$2.01B	-$2.84B	$390.83B	$172.15B
FY2023 (FY)	2023-12-31	$11.64B	-$752.0M	-$2.07B	-$2.60B	$13.97B	$3.27B

3. LNC Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is LNC stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

How does LNC compare to PRI and VOYA in the Financials sector?

What are the biggest fundamental strengths and SEC risk factors for LNC?

Where is LNC trading relative to its 50-day, 200-day, and 52-week technical levels?

LNC last traded at $41.01 (-0.87% on volume of 1,859,996 shares), positioning the stock -1.61% below its 50-day simple moving average ($41.68) and +5.18% above its 200-day simple moving average ($38.99). Across its 52-week range of $32.18 to $47.67, LNC sits at the 57.0% percentile with a 14-day RSI of 53.8 (NEUTRAL RANGE) and an implied next-earnings move of ±4.9% ($39.00 to $43.02).

LNC Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

How profitable is Lincoln National Corporation (LNC)?

In FY 2025 (10-K), LNC converted $18.2B of revenue into a 52% gross margin, 7.6% operating margin, and $0 in free cash flow (0% FCF margin).

Direct Sub-Reports: LNC RQD Cockpit LNC 12M Forecast LNC Earnings & Move LNC Dividends & DRIP LNC Insiders & 13F LNC Whale Options LNC Profit Sankey LNC News & Why

ROARABLE RATING BRIEF • RQD 42/100 (D-) ✓ STAGE-C NUMBER FIREWALL VERIFIED

LNC — Lincoln National Corporation: What the Facts Mean to a Prospective Investor

Engine: anthropic/claude-haiku-5.5

As of: 2026-11-02T15:17:53Z

Roarable Rating Brief: What This Means to a Prospective Investor

The Roarable RQD rating is 42 out of 100, a letter grade of D-, with the verdict "Roarable Sell — Vulnerable Balance Sheet & Flow" (per the Roarable RQD rating). The five pillars are scored as follows:

Fundamental Cash Engine: 8 / 20. The rating cites ROIC of 0.9% and FCF yield of -12.46% (per the Roarable RQD rating and market data). For an investor, this indicates weak capital efficiency and negative free cash flow yield, which limits the company's ability to fund returns from operations.
Whale 13F Flow: 11 / 20. Scored on institutional accumulation and options positioning (per the Roarable RQD rating). The holder section is empty in the source data, so the underlying flow detail cannot be verified here.
Insider Conviction: 5 / 20. Scored on SEC Form 4 and Congressional PTR cluster flow (per the Roarable RQD rating). This is the lowest pillar and signals limited insider-side confidence in the source data.
Macro Regime Fit: 8 / 20. Based on a beta of 0.93 and sector sensitivity (per the Roarable RQD rating and market data). A beta below 1 suggests moderate market sensitivity, but the pillar score reflects weak fit with the current regime.
Forensic Balance Sheet: 10 / 20. Based on Altman Z of 2.5, Piotroski F of 3/9, and Debt/Equity of 0.5 (per the Roarable RQD rating). These sit in a middle-to-weak zone, indicating balance sheet vulnerability rather than acute distress.

Upside drivers in the data are limited to a low trailing and forward P/E (6.7 and 6.2) and a 4.1% dividend yield (per market data). Valuation tradeoffs are significant: EV/EBITDA of 60.3 is elevated relative to the low earnings multiple, and negative FCF yield conflicts with the dividend yield. A prospective investor should weigh whether the low P/E reflects durable earnings or the weak cash and capital efficiency metrics above. This is educational analysis, not personalized financial advice.

Snapshot

Price	Market Cap	P/E (TTM)	Forward P/E	EV/EBITDA	EPS (TTM)	Dividend Yield	Beta	52-Wk Range	ROIC %
$41.37	$7.92B	6.7	6.2	60.3	6.15	4.1%	0.93	$32.18 - $47.67	0.9%

Open Questions

What is the cash and cash equivalents balance, given that the cash field is N/A for every period?
What drove the increase in reported debt from $3269.9M in FY 2023 to $182834.1M in FY 2025, and what are the debt terms?
What are the terms, size, and confirmation status of the reported Talcott reinsurance deal?
What explains the divergence between the 6.7 P/E and the 60.3 EV/EBITDA, and how reliable is the EPS basis given the N/A EPS reporting?
What institutional and insider positioning exists, since the holders and analyst sections are both empty?

LNC Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for Lincoln National Corporation (LNC) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to LNC Debate Forum (3) ↓

🟡 MARKET WIRE Yahoo! Finance Canada • 14h ago

Lincoln National Corporation (LNC) Stock Price, News, Quote & History

Yahoo! Finance Canada report covering Lincoln National Corporation (LNC) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Stocktwits • 17h ago

LNC Stock Pops On Report Of Lincoln National’s Potential $5B Reinsurance Deal With Talcott

Stocktwits report covering Lincoln National Corporation (LNC) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Seeking Alpha • 20h ago

Lincoln National: Why The Recovery Is Unlikely To Be Over (NYSE:LNC)

Seeking Alpha report covering Lincoln National Corporation (LNC) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE StockInvest.us • 23h ago

Lincoln National Stock Price Forecast. Should You Buy LNC?

StockInvest.us report covering Lincoln National Corporation (LNC) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Moomoo • 1d ago

Press Release: Lincoln National Corporation's Board of Directors Declares Series D Preferred Stock Dividend

Moomoo report covering Lincoln National Corporation (LNC) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔴 RISK WATCH TradingView • 1d ago

Lincoln National Corporation Stock 12‑Month Price Target Cut to $48.08, Implies 19% Upside

TradingView report covering Lincoln National Corporation (LNC) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Business Wire • 1d ago

Lincoln National Corporation’s Board of Directors Declares Series D Preferred Stock Dividend

Business Wire report covering Lincoln National Corporation (LNC) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟢 CATALYST Yahoo • 3d ago

PRU Gears Up to Report Q3 Earnings: Here's What to Expect

Prudential Financial's Q3 results may reflect stronger investment income and PGIM fees, with mixed segment trends and higher expenses shaping performance.

Read Full Source ↗

🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

LNC Bull vs. Bear Conversation Board — What's Your Call at $41.01?

🐂 33% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON LNC 🐻 67% BEARISH CONVICTION

RO RoarDesk_Moderator Roarable Research Desk 🐻 BEARISH 🎯 Target: $36.41 (-12.0%)

📌 Pinned Debate

🔥 Official Bull vs. Bear Debate: Is LNC (D- • RQD 42/100) a Buy at $41.37?

Welcome to the LNC (Lincoln National Corporation) Roar Pit. Current RQD Composite is 42/100 (Roarable Sell — Vulnerable Balance Sheet & Flow) in Life Insurance. Bulls point to operating leverage and sector positioning, while bears focus on macro rate sensitivity and margin execution. Pick your side (🐂 Bull or 🐻 Bear) and drop your price target below.

RE RedlineAuditor Forensic Accounting Watch 🐻 BEARISH 🎯 Target: $32.68 (-21.0%)

Spot @ $41.37

Pump the brakes on LNC — check the valuation vs. margin headwinds

Everyone in here is repeating the bull case on LNC, but look at what you are paying: 6.7x trailing P/E with tightening sector spreads. Unless Lincoln National Corporation expands free cash flow yield next quarter, I would rather wait for a pullback closer to the 200-day moving average before touching this.

DE DeltaGamma_99 Verified K Arena Trader 🐂 BULLISH 🎯 Target: $47.16 (+14.0%)

Spot @ $41.37

LNC cash flow & RQD setup is being underpriced by the Street here

Looking at the 5-pillar RQD breakdown on LNC, the market is fixating on short-term headline noise in Life Insurance and ignoring the balance sheet and cash flow trajectory. At $41.37 (52-wk range $32.18 - $47.67), any beat on forward guidance forces shorts and underweight funds to chase.