
Lincoln National Corp
NYSE:LNC

Income Statement
Income Statement
Lincoln National Corp
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Gross Premiums Earned |
8 695
|
8 874
|
9 018
|
9 343
|
8 896
|
8 916
|
8 885
|
8 679
|
8 795
|
8 911
|
9 083
|
9 182
|
9 437
|
9 499
|
9 969
|
10 689
|
11 198
|
11 909
|
12 186
|
12 552
|
12 645
|
12 643
|
12 563
|
12 423
|
12 442
|
12 572
|
12 849
|
13 155
|
13 337
|
13 260
|
13 069
|
12 617
|
12 906
|
12 578
|
12 705
|
12 739
|
10 077
|
10 104
|
10 057
|
10 026
|
12 648
|
|
Revenue |
13 569
N/A
|
13 721
+1%
|
13 832
+1%
|
14 169
+2%
|
13 657
-4%
|
13 623
0%
|
13 573
0%
|
13 344
-2%
|
13 452
+1%
|
13 724
+2%
|
13 971
+2%
|
13 979
+0%
|
14 273
+2%
|
14 370
+1%
|
14 805
+3%
|
15 552
+5%
|
16 462
+6%
|
16 821
+2%
|
17 107
+2%
|
17 469
+2%
|
17 273
-1%
|
17 725
+3%
|
16 928
-4%
|
17 649
+4%
|
17 439
-1%
|
17 548
+1%
|
18 882
+8%
|
18 762
-1%
|
19 862
+6%
|
21 406
+8%
|
21 655
+1%
|
21 884
+1%
|
18 766
-14%
|
17 942
-4%
|
17 794
-1%
|
17 955
+1%
|
13 909
-23%
|
16 737
+20%
|
16 490
-1%
|
14 315
-13%
|
20 537
+43%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(11 289)
|
(11 486)
|
(11 670)
|
(12 318)
|
(11 869)
|
(11 937)
|
(11 903)
|
(11 352)
|
(11 521)
|
(11 548)
|
(11 692)
|
(11 786)
|
(11 897)
|
(12 005)
|
(12 521)
|
(13 242)
|
(14 184)
|
(14 729)
|
(15 045)
|
(16 149)
|
(15 934)
|
(16 645)
|
(16 421)
|
(16 477)
|
(16 638)
|
(16 547)
|
(16 960)
|
(16 923)
|
(17 242)
|
(17 216)
|
(17 179)
|
(19 242)
|
(20 512)
|
(19 799)
|
(20 068)
|
(17 064)
|
(14 539)
|
(14 728)
|
(14 610)
|
(14 204)
|
(16 721)
|
|
Selling, General & Administrative |
0
|
0
|
0
|
0
|
(2 162)
|
0
|
0
|
0
|
(2 105)
|
0
|
0
|
0
|
(2 204)
|
0
|
0
|
0
|
(2 503)
|
(13)
|
(26)
|
(39)
|
(2 875)
|
0
|
0
|
0
|
(2 635)
|
0
|
0
|
0
|
(2 783)
|
0
|
0
|
0
|
(2 754)
|
0
|
0
|
0
|
(2 907)
|
0
|
0
|
0
|
(2 957)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(4)
|
(1)
|
(2)
|
(3)
|
(4)
|
(3)
|
(3)
|
(4)
|
(9)
|
(21)
|
(39)
|
(52)
|
(93)
|
0
|
0
|
0
|
(90)
|
0
|
0
|
0
|
(75)
|
0
|
0
|
0
|
(60)
|
0
|
0
|
0
|
(46)
|
0
|
0
|
0
|
(96)
|
|
Benefits Claims Loss Adjustment |
(11 289)
|
(11 486)
|
(11 670)
|
(12 318)
|
(9 630)
|
(11 937)
|
(11 903)
|
(11 352)
|
(9 332)
|
(11 547)
|
(11 690)
|
(11 783)
|
(9 602)
|
(12 002)
|
(12 518)
|
(13 238)
|
(11 588)
|
(14 695)
|
(14 980)
|
(16 058)
|
(12 878)
|
(16 556)
|
(16 364)
|
(16 448)
|
(13 913)
|
(16 547)
|
(16 960)
|
(16 923)
|
(14 282)
|
(17 210)
|
(17 173)
|
(19 242)
|
(17 590)
|
(19 165)
|
(19 434)
|
(17 064)
|
(11 472)
|
(14 728)
|
(14 610)
|
(14 204)
|
(13 543)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
(73)
|
0
|
0
|
0
|
(80)
|
0
|
0
|
0
|
(87)
|
0
|
0
|
0
|
(84)
|
0
|
0
|
0
|
(88)
|
(89)
|
(57)
|
(29)
|
0
|
0
|
0
|
0
|
(102)
|
(6)
|
(6)
|
0
|
(108)
|
(634)
|
(634)
|
0
|
(114)
|
0
|
0
|
0
|
(125)
|
|
Operating Income |
2 280
N/A
|
2 235
-2%
|
2 162
-3%
|
1 851
-14%
|
1 788
-3%
|
1 686
-6%
|
1 670
-1%
|
1 992
+19%
|
1 931
-3%
|
2 176
+13%
|
2 279
+5%
|
2 193
-4%
|
2 376
+8%
|
2 365
0%
|
2 284
-3%
|
2 310
+1%
|
2 278
-1%
|
2 092
-8%
|
2 062
-1%
|
1 320
-36%
|
1 339
+1%
|
1 080
-19%
|
507
-53%
|
1 172
+131%
|
801
-32%
|
1 001
+25%
|
1 922
+92%
|
1 839
-4%
|
2 620
+42%
|
4 190
+60%
|
4 476
+7%
|
2 642
-41%
|
(1 746)
N/A
|
(1 857)
-6%
|
(2 274)
-22%
|
891
N/A
|
(630)
N/A
|
2 009
N/A
|
1 880
-6%
|
111
-94%
|
3 816
+3 338%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(267)
|
(277)
|
(288)
|
(296)
|
(304)
|
(305)
|
(303)
|
(286)
|
(363)
|
(391)
|
(385)
|
(396)
|
(280)
|
(305)
|
(307)
|
(309)
|
(310)
|
(285)
|
(283)
|
(325)
|
(339)
|
(325)
|
(339)
|
(292)
|
(290)
|
(281)
|
(262)
|
(263)
|
(264)
|
(264)
|
(267)
|
(271)
|
(283)
|
(300)
|
(316)
|
(329)
|
(331)
|
(330)
|
(332)
|
(334)
|
(336)
|
|
Non-Reccuring Items |
(15)
|
(25)
|
(29)
|
(43)
|
(54)
|
(77)
|
(98)
|
(93)
|
(102)
|
(71)
|
(47)
|
(42)
|
(923)
|
(921)
|
(918)
|
(912)
|
(7)
|
(13)
|
(16)
|
(16)
|
(15)
|
(7)
|
(3)
|
(1)
|
(20)
|
0
|
0
|
(6)
|
(20)
|
0
|
0
|
(634)
|
(634)
|
0
|
0
|
0
|
(34)
|
0
|
584
|
582
|
542
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(8)
|
(17)
|
(31)
|
(41)
|
(43)
|
(49)
|
(51)
|
(59)
|
(76)
|
(76)
|
(75)
|
(73)
|
(66)
|
(62)
|
(61)
|
(65)
|
(68)
|
(70)
|
(77)
|
(79)
|
(87)
|
(104)
|
(127)
|
(149)
|
(167)
|
(161)
|
(158)
|
(150)
|
(153)
|
(129)
|
(88)
|
(52)
|
0
|
|
Pre-Tax Income |
1 998
N/A
|
1 933
-3%
|
1 845
-5%
|
1 512
-18%
|
1 430
-5%
|
1 304
-9%
|
1 269
-3%
|
1 613
+27%
|
1 458
-10%
|
1 697
+16%
|
1 816
+7%
|
1 714
-6%
|
1 130
-34%
|
1 090
-4%
|
1 008
-8%
|
1 030
+2%
|
1 885
+83%
|
1 718
-9%
|
1 688
-2%
|
906
-46%
|
919
+1%
|
686
-25%
|
104
-85%
|
814
+683%
|
423
-48%
|
650
+54%
|
1 583
+144%
|
1 491
-6%
|
2 249
+51%
|
3 822
+70%
|
4 082
+7%
|
1 588
-61%
|
(2 830)
N/A
|
(2 318)
+18%
|
(2 748)
-19%
|
412
N/A
|
(1 148)
N/A
|
1 550
N/A
|
2 044
+32%
|
307
-85%
|
4 022
+1 210%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(484)
|
(448)
|
(414)
|
(293)
|
(276)
|
(242)
|
(226)
|
(330)
|
(266)
|
(277)
|
(310)
|
(257)
|
(351)
|
(392)
|
(336)
|
(254)
|
(263)
|
(198)
|
(190)
|
(91)
|
(50)
|
(17)
|
108
|
(43)
|
39
|
(15)
|
(212)
|
(200)
|
(362)
|
(678)
|
(740)
|
(340)
|
589
|
493
|
594
|
63
|
396
|
(199)
|
(309)
|
47
|
(747)
|
|
Income from Continuing Operations |
1 514
|
1 485
|
1 431
|
1 219
|
1 154
|
1 062
|
1 043
|
1 283
|
1 192
|
1 420
|
1 506
|
1 457
|
779
|
698
|
672
|
776
|
1 622
|
1 520
|
1 498
|
815
|
869
|
669
|
212
|
771
|
462
|
635
|
1 371
|
1 291
|
1 887
|
3 144
|
3 342
|
1 248
|
(2 241)
|
(1 825)
|
(2 154)
|
475
|
(752)
|
1 351
|
1 735
|
354
|
3 275
|
|
Net Income (Common) |
1 515
N/A
|
1 486
-2%
|
1 432
-4%
|
1 220
-15%
|
1 154
-5%
|
1 062
-8%
|
1 043
-2%
|
1 283
+23%
|
1 192
-7%
|
1 420
+19%
|
1 506
+6%
|
1 457
-3%
|
2 079
+43%
|
2 011
-3%
|
1 985
-1%
|
2 057
+4%
|
1 641
-20%
|
1 526
-7%
|
1 504
-1%
|
853
-43%
|
886
+4%
|
686
-23%
|
229
-67%
|
788
+244%
|
499
-37%
|
672
+35%
|
1 408
+110%
|
1 328
-6%
|
1 887
+42%
|
3 143
+67%
|
3 334
+6%
|
1 239
-63%
|
(2 241)
N/A
|
(1 861)
+17%
|
(2 192)
-18%
|
404
N/A
|
(835)
N/A
|
1 267
N/A
|
1 649
+30%
|
268
-84%
|
3 187
+1 089%
|
|
EPS (Diluted) |
5.73
N/A
|
5.7
-1%
|
5.61
-2%
|
4.81
-14%
|
4.53
-6%
|
4.33
-4%
|
4.34
+0%
|
5.49
+26%
|
5.03
-8%
|
6.17
+23%
|
6.62
+7%
|
6.5
-2%
|
9.19
+41%
|
9.04
-2%
|
8.95
-1%
|
9.41
+5%
|
7.45
-21%
|
7.4
-1%
|
7.41
+0%
|
4.28
-42%
|
4.38
+2%
|
3.47
-21%
|
1.18
-66%
|
4.03
+242%
|
2.57
-36%
|
3.48
+35%
|
7.32
+110%
|
7.02
-4%
|
9.98
+42%
|
17.8
+78%
|
19.32
+9%
|
7.29
-62%
|
-13.1
N/A
|
-10.95
+16%
|
-12.84
-17%
|
2.36
N/A
|
-4.92
N/A
|
7.37
N/A
|
9.53
+29%
|
1.56
-84%
|
18.41
+1 080%
|