Lincoln National Corporation (LNC) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Lincoln National Corporation (LNC) has a cash flow conversion efficiency ratio of 0.021x as of December 2025. 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 ($233.00 Million) by net assets ($10.91 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See debt-free asset ratio of Lincoln National Corporation to measure how much of total assets are equity-financed.
Lincoln National Corporation - Cash Flow Conversion Efficiency Trend (1989–2025)
This chart illustrates how Lincoln National Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Lincoln National Corporation's earnings quality to evaluate the quality of earnings relative to operating cash generation.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Blue Owl Capital Inc
NYSE:OWL
|
0.070x |
|
ZEEKR Intelligent Technology Holding Limited
NYSE:ZK
|
0.026x |
|
Gigabyte Technology Co Ltd
TW:2376
|
-0.049x |
|
Jiangsu Etern Co Ltd
SHG:600105
|
0.016x |
|
Dillard's, Inc.
NYSE:DDS
|
0.180x |
|
Shenzhen Fastprint Circuit Tech Co Ltd
SHE:002436
|
0.022x |
|
Kalyan Jewellers India Limited
NSE:KALYANKJIL
|
0.118x |
|
Kesko Oyj
HE:KESKOB
|
0.103x |
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. For the full company profile with market capitalisation and key ratios, see LNC stock market capitalisation.
| 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 | +10512.25% |
| 2021-12-31 | $20.27 Billion | $151.00 Million | 0.007x | +401.13% |
| 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