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 how efficiently does Lincoln National Corporation generate cash to assess how effectively this company generates cash.
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 cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
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 | — |