Lincoln National Corporation (LNC) — Capital Reinvestment Ratio

Latest as of December 2018: 0.81x

Lincoln National Corporation (LNC) has a Capital Reinvestment Ratio of 0.81x as of December 2018, meaning it reinvests 1% of its operating cash flow ($909.00 Million) in capital expenditures ($736.00 Million). Check Lincoln National Corporation tangible book value ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.81x
Capex / Operating Cash Flow

Operating Cash Flow

$909.00 Million
USD

Capital Expenditures

$736.00 Million
USD

Data as of

Dec 2018
Most recent filing

Lincoln National Corporation Capital Reinvestment Ratio (1989–2018)

This chart tracks Lincoln National Corporation's Capital Reinvestment Ratio across 8 annual periods. For the full cash flow conversion analysis, see Lincoln National Corporation operating cash flow efficiency.

Annual Capital Reinvestment Ratio for Lincoln National Corporation (1989–2018)

Year-by-year Capital Reinvestment Ratio for Lincoln National Corporation from 1989 to 2018. See LNC free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (USD) Capital Expenditures YoY Change
2018 0.94x $1.94 Billion $1.82 Billion ▲ +135.3%
2002 0.40x $489.56 Million $195.00 Million ▼ -78.2%
1998 1.83x $1.25 Billion $2.29 Billion ▲ +17134.1%
1997 0.01x $1.11 Billion $11.80 Million ▼ -81.5%
1992 0.06x $870.50 Million $49.90 Million ▲ +20.5%
1991 0.05x $1.35 Billion $64.20 Million ▼ -29.0%
1990 0.07x $986.80 Million $66.10 Million ▲ +89.4%
1989 0.04x $2.01 Billion $71.20 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow