(LNC) Lincoln National - Ratings and Ratios

Lincoln National Corporation is a multifaceted insurance and retirement business operating in the United States, segmented into Life Insurance, Annuities, Group Protection, and Retirement Plan Services. The company offers a diverse range of products, including various life insurance policies, annuities, and retirement plans, catering to both individual and group needs.

The companys product portfolio includes term insurance, universal life insurance, variable universal life insurance, and linked-benefit products, as well as annuities that are variable, fixed, or registered index-linked. Additionally, Lincoln National provides group non-medical insurance products, such as disability benefits, life insurance, and accident insurance, to the employer marketplace. Its Retirement Plan Services segment supports employers with defined contribution retirement plans, offering services like plan recordkeeping, compliance testing, and participant education.

To evaluate Lincoln Nationals performance, key performance indicators (KPIs) such as revenue growth, net income margin, return on equity (RoE), and the dividend payout ratio can be considered. With a RoE of 15.94%, the company demonstrates a relatively strong ability to generate profits from shareholders equity. The price-to-earnings (P/E) ratio of 4.89 and forward P/E of 4.96 indicate the markets expectation of the companys future earnings growth. Furthermore, the companys market capitalization stands at approximately $5.9 billion, categorizing it as a mid-cap entity.

Lincoln Nationals distribution network spans across various channels, including consultants, brokers, financial advisors, and third-party administrators, facilitating the reach of its products to a broad customer base. As a longstanding institution founded in 1905, the company has established a significant presence in the U.S. insurance and retirement services market.

To further assess Lincoln Nationals standing, comparing its KPIs with industry averages and competitors can provide insights into its relative performance. Key metrics to examine include the companys asset yield, interest spread, and operating expenses as a percentage of revenue, which can help in understanding its operational efficiency and profitability.