Lincoln National Book Value Per Share Growth & History (LNC)
Lincoln National's book value per share was $52.20 for fiscal 2025.
View full Lincoln National company overviewLincoln National annual book value per share history
| Fiscal year | Period ended | Book value per share | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $52.20 | $9.45 | +22.11% |
| 2024 | 2024-12-31 | $42.75 | $7.93 | +22.78% |
| 2023 | 2023-12-31 | $34.82 | $10.49 | +43.14% |
| 2022 | 2022-12-31 | $24.32 | -$88.07 | −78.36% |
| 2021 | 2021-12-31 | $112.39 | -$5.63 | −4.77% |
| 2020 | 2020-12-31 | $118.02 | $17.91 | +17.89% |
| 2019 | 2019-12-31 | $100.11 | $30.41 | +43.62% |
| 2018 | 2018-12-31 | $69.71 | -$9.72 | −12.24% |
| 2017 | 2017-12-31 | $79.43 | $15.46 | +24.17% |
| 2016 | 2016-12-31 | $63.97 | $8.12 | +14.54% |
| 2015 | 2015-12-31 | $55.84 | -$5.51 | −8.98% |
| 2014 | 2014-12-31 | $61.35 | $10.18 | +19.90% |
| 2013 | 2013-12-31 | $51.17 | -$4.00 | −7.25% |
| 2012 | 2012-12-31 | $55.17 | $10.20 | +22.68% |
| 2011 | 2011-12-31 | $44.97 | $7.96 | +21.50% |
| 2010 | 2010-12-31 | $37.01 | $37.88 | — |
| 2009 | 2009-12-31 | -$0.87 | -$31.85 | — |
| 2008 | 2008-12-31 | $30.98 | — | — |
Lincoln National quarterly book value per share
| Fiscal quarter | Period ended | Book value per share | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $54.14 | $8.97 | +19.86% |
| Q1 2026 | 2026-03-31 | $48.25 | $0.25 | +0.53% |
| Q4 2025 | 2025-12-31 | $52.20 | $3.66 | +7.55% |
| Q3 2025 | 2025-09-30 | $49.84 | -$3.07 | −5.80% |
| Q2 2025 | 2025-06-30 | $45.17 | -$1.54 | −3.30% |
| Q1 2025 | 2025-03-31 | $48.00 | $3.61 | +8.14% |
| Q4 2024 | 2024-12-31 | $48.53 | $7.91 | +19.46% |
| Q3 2024 | 2024-09-30 | $52.91 | $34.06 | +180.61% |
| Q2 2024 | 2024-06-30 | $46.71 | $12.40 | +36.16% |
| Q1 2024 | 2024-03-31 | $44.38 | $4.68 | +11.78% |
| Q4 2023 | 2023-12-31 | $40.63 | $10.48 | +34.75% |
| Q3 2023 | 2023-09-30 | $18.86 | $2.41 | +14.65% |
| Q2 2023 | 2023-06-30 | $34.30 | -$20.51 | −37.42% |
| Q1 2023 | 2023-03-31 | $39.71 | -$43.22 | −52.12% |
| Q4 2022 | 2022-12-31 | $30.15 | -$82.24 | −73.17% |
| Q3 2022 | 2022-09-30 | $16.45 | -$97.29 | −85.54% |
| Q2 2022 | 2022-06-30 | $54.82 | -$60.18 | −52.33% |
| Q1 2022 | 2022-03-31 | $82.93 | -$19.57 | −19.09% |
| Q4 2021 | 2021-12-31 | $112.39 | -$5.63 | −4.77% |
| Q3 2021 | 2021-09-30 | $113.74 | $2.23 | +2.00% |
| Q2 2021 | 2021-06-30 | $115.00 | $7.72 | +7.20% |
| Q1 2021 | 2021-03-31 | $102.50 | $16.71 | +19.48% |
| Q4 2020 | 2020-12-31 | $118.02 | $17.91 | +17.89% |
| Q3 2020 | 2020-09-30 | $111.51 | $10.67 | +10.58% |
| Q2 2020 | 2020-06-30 | $107.28 | $15.36 | +16.71% |
| Q1 2020 | 2020-03-31 | $85.79 | $4.91 | +6.07% |
| Q4 2019 | 2019-12-31 | $100.11 | $30.41 | +43.62% |
| Q3 2019 | 2019-09-30 | $100.84 | $30.67 | +43.71% |
| Q2 2019 | 2019-06-30 | $91.92 | $22.07 | +31.60% |
| Q1 2019 | 2019-03-31 | $80.88 | $7.78 | +10.65% |
| Q4 2018 | 2018-12-31 | $69.71 | -$9.72 | −12.24% |
| Q3 2018 | 2018-09-30 | $70.17 | -$4.14 | −5.57% |
| Q2 2018 | 2018-06-30 | $69.85 | -$2.13 | −2.96% |
| Q1 2018 | 2018-03-31 | $73.09 | $6.51 | +9.78% |
| Q4 2017 | 2017-12-31 | $79.43 | $15.46 | +24.17% |
| Q3 2017 | 2017-09-30 | $74.31 | $2.88 | +4.04% |
| Q2 2017 | 2017-06-30 | $71.98 | $5.39 | +8.09% |
| Q1 2017 | 2017-03-31 | $66.58 | $5.25 | +8.56% |
| Q4 2016 | 2016-12-31 | $63.97 | $8.12 | +14.54% |
| Q3 2016 | 2016-09-30 | $71.43 | $13.23 | +22.74% |
| Q2 2016 | 2016-06-30 | $66.59 | $8.01 | +13.67% |
| Q1 2016 | 2016-03-31 | $61.33 | -$2.81 | −4.38% |
| Q4 2015 | 2015-12-31 | $55.84 | -$5.51 | −8.98% |
| Q3 2015 | 2015-09-30 | $58.19 | -$1.29 | −2.16% |
| Q2 2015 | 2015-06-30 | $58.58 | -$0.66 | −1.11% |
| Q1 2015 | 2015-03-31 | $64.14 | $9.20 | +16.75% |
| Q4 2014 | 2014-12-31 | $61.35 | $10.18 | +19.90% |
| Q3 2014 | 2014-09-30 | $59.48 | $8.44 | +16.54% |
| Q2 2014 | 2014-06-30 | $59.24 | $8.85 | +17.57% |
| Q1 2014 | 2014-03-31 | $54.94 | -$0.42 | −0.76% |
| Q4 2013 | 2013-12-31 | $51.17 | -$4.00 | −7.25% |
| Q3 2013 | 2013-09-30 | $51.04 | -$3.93 | −7.16% |
| Q2 2013 | 2013-06-30 | $50.38 | $0.09 | +0.18% |
| Q1 2013 | 2013-03-31 | $55.36 | $9.39 | +20.41% |
| Q4 2012 | 2012-12-31 | $55.17 | $10.20 | +22.68% |
| Q3 2012 | 2012-09-30 | $54.97 | $8.60 | +18.56% |
| Q2 2012 | 2012-06-30 | $50.29 | $9.56 | +23.48% |
| Q1 2012 | 2012-03-31 | $45.98 | $7.50 | +19.51% |
| Q4 2011 | 2011-12-31 | $44.97 | $7.96 | +21.50% |
| Q3 2011 | 2011-09-30 | $46.37 | $3.56 | +8.32% |
| Q2 2011 | 2011-06-30 | $40.73 | $0.83 | +2.07% |
| Q1 2011 | 2011-03-31 | $38.47 | -$2.42 | −5.91% |
| Q4 2010 | 2010-12-31 | $37.01 | $37.88 | — |
| Q3 2010 | 2010-09-30 | $42.81 | $4.22 | +10.94% |
| Q2 2010 | 2010-06-30 | $39.90 | $4.46 | +12.58% |
| Q1 2010 | 2010-03-31 | $40.89 | — | — |
| Q4 2009 | 2009-12-31 | -$0.87 | — | — |
| Q3 2009 | 2009-09-30 | $38.59 | — | — |
| Q2 2009 | 2009-06-30 | $35.44 | — | — |
Lincoln National book value per share trends
Over the last five fiscal years, Lincoln National's book value per share decreased from $118.02 to $52.20, a change of -$65.82. The latest reported quarter, Q2 2026, shows $54.14.
What book value per share means
Book value per share estimates the common shareholders’ accounting equity represented by each share. It can help compare a company’s balance-sheet value over time, although market value can differ substantially from book value.
How book value per share is calculated
TickerStat calculates book value per share as SEC-reported common shareholders’ equity divided by reported period-end common shares. Preferred equity is subtracted when separately reported, and basic weighted-average shares are used only when period-end shares are unavailable. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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