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Lincoln National (Lincoln National) Net Income : $-752 Mil (TTM As of Dec. 2023)


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What is Lincoln National Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Lincoln National's Net Income for the three months ended in Dec. 2023 was $-1,235 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-752 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Lincoln National's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-7.28.


Lincoln National Net Income Historical Data

The historical data trend for Lincoln National's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lincoln National Net Income Chart

Lincoln National Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 886.00 499.00 3,778.00 1,358.00 -752.00

Lincoln National Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 813.00 -881.00 511.00 853.00 -1,235.00

Lincoln National Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Lincoln National's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1148+396+0+0
=-752

Lincoln National's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1614+379+0+0
=-1,235

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-752 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Lincoln National  (NYSE:LNC) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Lincoln National's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Lincoln National Net Income Related Terms

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Lincoln National (Lincoln National) Business Description

Traded in Other Exchanges
Address
150 North Radnor-Chester Road, Suite A305, Radnor, PA, USA, 19087
Lincoln National Corp operates multiple insurance and retirement businesses. The company's operating segment includes Annuities; Retirement Plan Services; Life Insurance and Group Protection. Its products primarily include fixed and indexed annuities, variable annuities, universal life insurance (UL), variable universal life insurance (VUL), linked-benefit UL and VUL, indexed universal life insurance (IUL), term life insurance, employer-sponsored retirement plans and services, and group life, disability and dental.
Executives
Owen Ryan director C/O BLACKLINE INC, 21300 VICTORY BOULEVARD 12TH FLOOR, WOODLAND HILLS CA 91367
Andrew Rallis officer: EVP, Chief Risk Officer 150 N. RADNOR-CHESTER ROAD, RADNOR PA 19087
Sean Woodroffe officer: EVP, Ch Ppl Culture Comms Off 150 N. RADNOR-CHESTER ROAD, RADNOR PA 19087
John Christopher Kennedy officer: EVP, President LFD 150 N. RADNOR-CHESTER ROAD, RADNOR PA 19087
Deirdre P Connelly director C/O GLAXOSMITHKLINE, FIVE CRESCENT DRIVE, PHILADELPHIA PA 19112-1001
James Waltman Reid officer: EVP Head of Wrkplc Solutions 150 N. RADNOR-CHESTER ROAD, RADNOR PA 19087
Matthew Grove officer: EVP Head of Life Annuities LFN 150 N RADNOR-CHESTER ROAD, RADNOR PA 19087
Dennis R Glass officer: President & COO LINCOLN NATIONAL CORPORATION, 150 N. RADNOR CHESTER ROAD, RADNOR PA 19087
Christopher M Neczypor officer: EVP, Chief Strategy Officer 150 N RADNOR-CHESTER ROAD, RADNOR PA 19087
Jayson R Bronchetti officer: EVP, Chief Investment Officer 150 N RADNOR-CHESTER ROAD, RADNOR PA 19087
Adam M Cohen officer: CAO 150 N. RADNOR-CHESTER ROAD, RADNOR PA 19087
Randal J Freitag officer: EVP & CFO LINCOLN NATIONAL CORPORATION, 150 N. RADNOR CHESTER ROAD, RADNOR PA 19087
Janet Liang director 150 N. RADNOR-CHESTER ROAD, RADNOR PA 19087
Dale Lefebvre director 150 N. RADNOR-CHESTER ROAD, RADNOR PA 19087
Kenneth S. Solon officer: EVP & Chief Information Ofc.. 150 N. RADNOR CHESTER ROAD, RADNOR PA 19087