LNCNYSE,NYSE SEC EDGAR

LINCOLN NATIONAL CORP

Life Insurance·RADNOR, PA·FY end 12/31·CIK 59558

CEO Pay Ratio

277:1

Ellen G. Cooper

CEO Total Comp

$28.0M

Ellen G. Cooper

Median Employee

$101,192

Revenue

$18.2B

FY 2025

Net Income

$1.2B

FY 2025

Free Cash Flow

—

FY 2025

Net Margin

6.5%

Insider Net (180d)

$98.8M

6 buys / 4 sales

CEO Pay Accountability

CEO comp as % of net income

2.38%

For every $1,000 of profit, $23.78 flows to the CEO.

CEO comp as % of buybacks

—

No buyback data for the most recent fiscal year.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$18.2B	$18.4B	$11.6B	$4.2B	$19.2B
Gross Profit	—	—	—	—	—	—
Operating Income	—	—	—	—	—	—
Net Income	$1.2B	$3.3B	-$752.0M	$21.0M	$1.4B
Operating CF	-$167.0M	-$2.0B	-$2.1B	$4.0B	$151.0M
Capex	—	—	—	—	—	—
Free Cash Flow	—	—	—	—	—	—
Buybacks	—	$0	$0	$550.0M	$1.1B
Dividends	$325.0M	$307.0M	$305.0M	—	—

Gross Margin	—	—	—	—	—	—
Operating Margin	—	—	—	—	—	—
Net Margin	6.5%	17.8%	-6.5%	0.5%	7.3%
FCF Margin	—	—	—	—	—	—
R&D / Revenue	—	—	—	—	—	—
Effective Tax	12.0%	18.6%	34.5%	231.3%	14.2%
Debt / Equity	0.57	0.74	0.85	1.39	0.31
Buybacks / FCF	—	—	—	—	—	—

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Ellen G. CooperPresident and CEO	$1.3M	$20.3M	—	$5.4M	$1.0M	$28.0M
James ReidEVP & President, Workplace Solutions	$947.7K	$3.2M	—	$2.8M	$426.1K	$7.4M