Lincoln National Corporation (LNC) — Free Cash Flow Generation Index
Lincoln National Corporation (LNC) has a Free Cash Flow Generation Index of 1.00x as of December 2025. Free cash flow of $233.00 Million represents 1% of operating cash flow ($233.00 Million). Read LNC current and long-term liabilities for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Lincoln National Corporation Free Cash Flow Generation Index (1989–2022)
Historical FCF Generation Index trend for Lincoln National Corporation across 33 annual periods. Explore reinvestment intensity of Lincoln National Corporation to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Lincoln National Corporation (1989–2022)
Year-by-year Free Cash Flow Generation Index for Lincoln National Corporation. For the full company profile including market capitalisation, see how much is Lincoln National Corporation worth.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2022 | 1.00x | $4.03 Billion | $4.03 Billion | $0.00 | ▲ +0.0% |
| 2021 | 1.00x | $151.00 Million | $151.00 Million | $0.00 | ▲ +0.0% |
| 2020 | 1.00x | $534.00 Million | $534.00 Million | $0.00 | ▲ +0.0% |
| 2018 | 1.00x | $1.94 Billion | $1.94 Billion | $1.82 Billion | ▲ +0.0% |
| 2017 | 1.00x | $788.00 Million | $788.00 Million | $0.00 | ▲ +0.0% |
| 2016 | 1.00x | $1.27 Billion | $1.27 Billion | $0.00 | ▲ +0.0% |
| 2015 | 1.00x | $2.24 Billion | $2.24 Billion | $0.00 | ▲ +0.0% |
| 2014 | 1.00x | $2.53 Billion | $2.53 Billion | $0.00 | ▲ +0.0% |
| 2013 | 1.00x | $799.00 Million | $799.00 Million | $0.00 | ▲ +0.0% |
| 2012 | 1.00x | $1.27 Billion | $1.27 Billion | $0.00 | ▲ +0.0% |
| 2011 | 1.00x | $1.28 Billion | $1.28 Billion | $0.00 | ▲ +0.0% |
| 2010 | 1.00x | $1.72 Billion | $1.72 Billion | $0.00 | ▲ +0.0% |
| 2009 | 1.00x | $937.00 Million | $937.00 Million | $0.00 | ▲ +0.0% |
| 2008 | 1.00x | $1.26 Billion | $1.26 Billion | $0.00 | ▲ +0.0% |
| 2007 | 1.00x | $1.96 Billion | $1.96 Billion | $0.00 | ▲ +0.0% |
| 2006 | 1.00x | $3.05 Billion | $3.05 Billion | $0.00 | ▲ +0.0% |
| 2005 | 1.00x | $1.21 Billion | $1.21 Billion | $0.00 | ▲ +0.0% |
| 2004 | 1.00x | $1.11 Billion | $1.11 Billion | $0.00 | ▲ +0.0% |
| 2003 | 1.00x | $1.04 Billion | $1.04 Billion | $0.00 | ▲ +66.2% |
| 2002 | 0.60x | $294.56 Million | $489.56 Million | $195.00 Million | ▼ -39.8% |
| 2001 | 1.00x | $1.25 Billion | $1.25 Billion | $0.00 | ▲ +0.0% |
| 2000 | 1.00x | $1.99 Billion | $1.99 Billion | $0.00 | ▲ +0.0% |
| 1999 | 1.00x | $2.33 Billion | $2.33 Billion | $0.00 | ▲ +0.0% |
| 1998 | 1.00x | $1.25 Billion | $1.25 Billion | $2.29 Billion | ▲ +1.1% |
| 1997 | 0.99x | $1.10 Billion | $1.11 Billion | $11.80 Million | ▲ +4.4% |
| 1996 | 0.95x | $1.30 Billion | $1.37 Billion | $0.00 | ▲ +53.8% |
| 1995 | 0.62x | $1.18 Billion | $1.92 Billion | $0.00 | ▼ -38.4% |
| 1994 | 1.00x | $1.19 Billion | $1.19 Billion | $0.00 | ▲ +0.0% |
| 1993 | 1.00x | $1.01 Billion | $1.01 Billion | $0.00 | ▲ +6.1% |
| 1992 | 0.94x | $820.60 Million | $870.50 Million | $49.90 Million | ▼ -1.0% |
| 1991 | 0.95x | $1.29 Billion | $1.35 Billion | $64.20 Million | ▲ +2.1% |
| 1990 | 0.93x | $920.70 Million | $986.80 Million | $66.10 Million | ▼ -3.3% |
| 1989 | 0.96x | $1.94 Billion | $2.01 Billion | $71.20 Million | — |