Lincoln National Corporation (LNC) — Cash Flow Reinvestment Rate
Lincoln National Corporation (LNC) has a Cash Flow Reinvestment Rate of 13.73x as of March 2026, reinvesting $1.90 Billion (capex $0.00 plus investments $-1.90 Billion) from operating cash flow of $138.00 Million. See how much free cash does Lincoln National Corporation generate to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Lincoln National Corporation Cash Flow Reinvestment Rate (1989–2022)
Historical reinvestment intensity for Lincoln National Corporation across 33 annual periods. For the full cash flow conversion analysis, see LNC operating cash flow.
Annual Cash Flow Reinvestment Rate for Lincoln National Corporation (1989–2022)
Year-by-year capital reinvestment analysis for Lincoln National Corporation. See financial flexibility index of Lincoln National Corporation to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2022 | 2.32x | $9.36 Billion | $4.03 Billion | $0.00 | ▼ -95.1% |
| 2021 | 47.75x | $7.21 Billion | $151.00 Million | $0.00 | ▲ +124.5% |
| 2020 | 21.27x | $11.36 Billion | $534.00 Million | $0.00 | ▲ +764.9% |
| 2018 | 2.46x | $4.78 Billion | $1.94 Billion | $1.82 Billion | ▼ -25.4% |
| 2017 | 3.30x | $2.60 Billion | $788.00 Million | $0.00 | ▲ +55.5% |
| 2016 | 2.12x | $2.70 Billion | $1.27 Billion | $0.00 | ▲ +14.8% |
| 2015 | 1.85x | $4.14 Billion | $2.24 Billion | $0.00 | ▲ +170.8% |
| 2014 | 0.68x | $1.72 Billion | $2.53 Billion | $0.00 | ▼ -88.2% |
| 2013 | 5.77x | $4.61 Billion | $799.00 Million | $0.00 | ▲ +99.3% |
| 2012 | 2.90x | $3.67 Billion | $1.27 Billion | $0.00 | — |
| 2011 | 0.00x | $0.00 | $1.28 Billion | $0.00 | ▼ -100.0% |
| 2010 | 3.42x | $5.88 Billion | $1.72 Billion | $0.00 | — |
| 2009 | 0.00x | $0.00 | $937.00 Million | $0.00 | — |
| 2008 | 0.00x | $0.00 | $1.26 Billion | $0.00 | — |
| 2007 | 0.00x | $0.00 | $1.96 Billion | $0.00 | — |
| 2006 | 0.00x | $0.00 | $3.05 Billion | $0.00 | — |
| 2005 | 0.00x | $0.00 | $1.21 Billion | $0.00 | — |
| 2004 | 0.00x | $0.00 | $1.11 Billion | $0.00 | — |
| 2003 | 0.00x | $0.00 | $1.04 Billion | $0.00 | ▼ -100.0% |
| 2002 | 0.40x | $195.00 Million | $489.56 Million | $195.00 Million | — |
| 2001 | 0.00x | $0.00 | $1.25 Billion | $0.00 | — |
| 2000 | 0.00x | $0.00 | $1.99 Billion | $0.00 | — |
| 1999 | 0.00x | $0.00 | $2.33 Billion | $0.00 | ▼ -100.0% |
| 1998 | 1.83x | $2.29 Billion | $1.25 Billion | $2.29 Billion | ▲ +17134.1% |
| 1997 | 0.01x | $11.80 Million | $1.11 Billion | $11.80 Million | — |
| 1996 | 0.00x | $0.00 | $1.37 Billion | $0.00 | — |
| 1995 | 0.00x | $0.00 | $1.92 Billion | $0.00 | — |
| 1994 | 0.00x | $0.00 | $1.19 Billion | $0.00 | — |
| 1993 | 0.00x | $0.00 | $1.01 Billion | $0.00 | ▼ -100.0% |
| 1992 | 0.06x | $49.90 Million | $870.50 Million | $49.90 Million | ▲ +20.5% |
| 1991 | 0.05x | $64.20 Million | $1.35 Billion | $64.20 Million | ▼ -29.0% |
| 1990 | 0.07x | $66.10 Million | $986.80 Million | $66.10 Million | ▲ +89.4% |
| 1989 | 0.04x | $71.20 Million | $2.01 Billion | $71.20 Million | — |