Lincoln National Corporation (LNC) — Cash Flow Quality Index
Lincoln National Corporation (LNC) has a Cash Flow Quality Index of 0.31x as of December 2025. Operating cash flow of $233.00 Million is below net income of $754.00 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore LNC strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Lincoln National Corporation Cash Flow Quality Index (1989–2025)
Historical Cash Flow Quality Index for Lincoln National Corporation across 33 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check LNC intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Lincoln National Corporation (1989–2025)
Year-by-year earnings quality comparison for Lincoln National Corporation. For live market cap and the full company financial profile, see LNC company net worth.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | -0.14x | $-167.00 Million | $1.18 Billion | ▲ +76.8% |
| 2024 | -0.61x | $-2.01 Billion | $3.27 Billion | ▼ -670.2% |
| 2021 | 0.11x | $151.00 Million | $1.41 Billion | ▼ -90.0% |
| 2020 | 1.07x | $534.00 Million | $499.00 Million | ▲ +135.3% |
| 2019 | -3.03x | $-2.69 Billion | $886.00 Million | ▼ -356.0% |
| 2018 | 1.18x | $1.94 Billion | $1.64 Billion | ▲ +212.4% |
| 2017 | 0.38x | $788.00 Million | $2.08 Billion | ▼ -64.5% |
| 2016 | 1.07x | $1.27 Billion | $1.19 Billion | ▼ -45.1% |
| 2015 | 1.94x | $2.24 Billion | $1.15 Billion | ▲ +16.6% |
| 2014 | 1.67x | $2.53 Billion | $1.51 Billion | ▲ +159.6% |
| 2013 | 0.64x | $799.00 Million | $1.24 Billion | ▼ -33.5% |
| 2012 | 0.97x | $1.27 Billion | $1.31 Billion | ▼ -83.3% |
| 2011 | 5.77x | $1.28 Billion | $221.00 Million | ▲ +202.8% |
| 2010 | 1.91x | $1.72 Billion | $902.00 Million | ▼ -91.4% |
| 2008 | 22.09x | $1.26 Billion | $57.00 Million | ▲ +1272.7% |
| 2007 | 1.61x | $1.96 Billion | $1.22 Billion | ▼ -30.6% |
| 2006 | 2.32x | $3.05 Billion | $1.32 Billion | ▲ +59.4% |
| 2005 | 1.45x | $1.21 Billion | $831.00 Million | ▼ -28.7% |
| 2003 | 2.04x | $1.04 Billion | $511.94 Million | ▼ -61.8% |
| 2002 | 5.35x | $489.56 Million | $91.59 Million | ▲ +151.8% |
| 2001 | 2.12x | $1.25 Billion | $590.21 Million | ▼ -33.6% |
| 2000 | 3.20x | $1.99 Billion | $621.39 Million | ▼ -36.9% |
| 1999 | 5.07x | $2.33 Billion | $460.35 Million | ▲ +106.8% |
| 1998 | 2.45x | $1.25 Billion | $509.77 Million | ▼ -95.1% |
| 1997 | 50.08x | $1.11 Billion | $22.20 Million | ▲ +1775.3% |
| 1996 | 2.67x | $1.37 Billion | $513.56 Million | ▼ -32.9% |
| 1995 | 3.98x | $1.92 Billion | $482.19 Million | ▲ +17.5% |
| 1994 | 3.39x | $1.19 Billion | $349.90 Million | ▲ +38.9% |
| 1993 | 2.44x | $1.01 Billion | $415.30 Million | ▲ +1.7% |
| 1992 | 2.40x | $870.50 Million | $362.90 Million | ▼ -63.0% |
| 1991 | 6.48x | $1.35 Billion | $208.40 Million | ▲ +25.7% |
| 1990 | 5.15x | $986.80 Million | $191.50 Million | ▼ -31.2% |
| 1989 | 7.49x | $2.01 Billion | $268.80 Million | — |