Lincoln National Corporation Cash Flow Conversion Efficiency
Lincoln National Corporation cash flow conversion efficiency. Based on the latest financial reports, Lincoln National Corporation (LNC) has a cash flow conversion efficiency ratio of -0.049x as of June 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-558.00 Million) by net assets ($11.35 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Lincoln National Corporation (1989–2025)
Cash flow conversion efficiency of Lincoln National Corporation from 1989 to 2025. This chart illustrates how Lincoln National Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. View current stock price of Lincoln National Corporation for real-time trading data and today's change.
Lincoln National Corporation Cash Flow Conversion Ratio Explained
Lincoln National Corporation cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Lincoln National Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Lincoln National Corporation ranked by their cash flow conversion efficiency. Also see market value of Lincoln National Corporation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
China XD Electric Co Ltd
SHG:601179
|
0.023x |
|
The Hanover Insurance Group Inc
NYSE:THG
|
0.058x |
|
TFI International Inc
TO:TFII
|
0.093x |
|
Houlihan Lokey Inc
NYSE:HLI
|
0.145x |
|
Itissalat Al-Maghrib (IAM) S.A
F:MSPA
|
0.151x |
|
AXIS Capital Holdings Ltd
NYSE:AXS
|
0.106x |
|
Janus Henderson Group PLC
NYSE:JHG
|
0.041x |
|
Corteva Inc
NYSE:CTVA
|
-0.018x |
Annual Cash Flow Conversion Efficiency for Lincoln National Corporation (1989–2025)
The table below shows the annual cash flow conversion efficiency of Lincoln National Corporation from 1989 to 2025. Review LNC cash flow after capex ratio to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $10.91 Billion | $-167.00 Million | -0.015x | +93.69% |
| 2024-12-31 | $8.27 Billion | $-2.01 Billion | -0.243x | +19.33% |
| 2023-12-31 | $6.89 Billion | $-2.07 Billion | -0.301x | -138.06% |
| 2022-12-31 | $5.10 Billion | $4.03 Billion | 0.790x | +10511.73% |
| 2021-12-31 | $20.27 Billion | $151.00 Million | 0.007x | +401.15% |
| 2020-12-31 | $359.26 Billion | $534.00 Million | 0.001x | +101.09% |
| 2019-12-31 | $19.69 Billion | $-2.69 Billion | -0.136x | -200.75% |
| 2018-12-31 | $14.35 Billion | $1.94 Billion | 0.135x | +197.64% |
| 2017-12-31 | $17.32 Billion | $788.00 Million | 0.045x | -48.22% |
| 2016-12-31 | $14.48 Billion | $1.27 Billion | 0.088x | -46.66% |
| 2015-12-31 | $13.62 Billion | $2.24 Billion | 0.165x | +2.64% |
| 2014-12-31 | $15.74 Billion | $2.53 Billion | 0.160x | +170.21% |
| 2013-12-31 | $13.45 Billion | $799.00 Million | 0.059x | -29.92% |
| 2012-12-31 | $14.97 Billion | $1.27 Billion | 0.085x | -5.92% |
| 2011-12-31 | $14.16 Billion | $1.28 Billion | 0.090x | -32.93% |
| 2010-12-31 | $12.81 Billion | $1.72 Billion | 0.134x | +67.71% |
| 2009-12-31 | $11.70 Billion | $937.00 Million | 0.080x | -49.26% |
| 2008-12-31 | $7.98 Billion | $1.26 Billion | 0.158x | -5.40% |
| 2007-12-31 | $11.72 Billion | $1.96 Billion | 0.167x | -33.26% |
| 2006-12-31 | $12.20 Billion | $3.05 Billion | 0.250x | +39.03% |
| 2005-12-31 | $6.72 Billion | $1.21 Billion | 0.180x | +5.49% |
| 2004-12-31 | $6.52 Billion | $1.11 Billion | 0.170x | +0.46% |
| 2003-12-31 | $6.15 Billion | $1.04 Billion | 0.170x | +97.16% |
| 2002-12-31 | $5.69 Billion | $489.56 Million | 0.086x | -60.59% |
| 2001-12-31 | $5.74 Billion | $1.25 Billion | 0.218x | -37.32% |
| 2000-12-31 | $5.70 Billion | $1.99 Billion | 0.348x | -25.19% |
| 1999-12-31 | $5.01 Billion | $2.33 Billion | 0.466x | +128.64% |
| 1998-12-31 | $6.13 Billion | $1.25 Billion | 0.204x | -2.93% |
| 1997-12-31 | $5.30 Billion | $1.11 Billion | 0.210x | -28.18% |
| 1996-12-31 | $4.69 Billion | $1.37 Billion | 0.292x | -33.39% |
| 1995-12-31 | $4.38 Billion | $1.92 Billion | 0.439x | +12.50% |
| 1994-12-31 | $3.04 Billion | $1.19 Billion | 0.390x | +56.71% |
| 1993-12-31 | $4.07 Billion | $1.01 Billion | 0.249x | -15.66% |
| 1992-12-31 | $2.95 Billion | $870.50 Million | 0.295x | -39.03% |
| 1991-12-31 | $2.79 Billion | $1.35 Billion | 0.484x | +18.41% |
| 1990-12-31 | $2.42 Billion | $986.80 Million | 0.409x | -50.95% |
| 1989-12-31 | $2.42 Billion | $2.01 Billion | 0.833x | -- |
About Lincoln National Corporation
Lincoln National Corporation, through its subsidiaries, operates multiple insurance and retirement businesses in the United States. It operates through four segments: Life Insurance, Annuities, Group Protection, and Retirement Plan Services. The Life Insurance segment provides life insurance products, including term insurance, universal life insurance (UL), indexed universal life insurance, varia… Read more