LINCOLN NATIONAL CORP (LNC) Return on equity 2016–2025
LINCOLN NATIONAL CORP (LNC) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
10.8%FY2025 · since FY2016: 8.2% → 10.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 10.8% | -28.8 pp |
| FY2024 | 39.6% | +50.5 pp |
| FY2023 | -10.9% | -37.5 pp |
| FY2022 | 26.6% | +7.6 pp |
| FY2021 | 19.0% | +16.8 pp |
| FY2020 | 2.2% | -2.3 pp |
| FY2019 | 4.5% | -6.9 pp |
| FY2018 | 11.4% | -0.6 pp |
| FY2017 | 12.0% | +3.8 pp |
| FY2016 | 8.2% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice