Lincoln National Corporation (LNC) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

$41.37 +1.75% NYSE • Public Delayed / 60s Snapshot

Lincoln National Corporation (LNC) carries a Roarable Rating of C- (Hold) with 59/100 RQD Confidence. The underlying business is intact, so current owners don’t need to panic-sell—but mixed big-money flow or rich pricing means new buyers can afford to wait for either a pullback or a B-or-higher upgrade.

ROARABLE C- • HOLD / WATCH Cap $7.92B
INTERACTIVE SCENARIO DECK:
🛡️ Portfolio Crash X-Ray
RQD QUANT TACHOMETERHOLD / WATCH • C-
025507510059
JEV AI Jury Split (Battleground)
Cash
SEC
Whale
5-PILLAR SNOWFLAKE RADARRw D · Rk B
Cash (7)Whales (10)SEC (16)Macro (14)CEO (12)
Each axis scored 0–20
12M PRICE TARGET CONE+0.5% Base Target
$50 Bull$42 Base$32 Bear
🔴 SUNDAY NIGHT PREP • 7:00 PM ET
WHALE OPTIONS TUG-OF-WAR:57% Call Buyers ($2.6M)
43% PutsMax Pain: $41.00
VISUAL REVENUE-TO-PROFIT SANKEY WATERFALL • FY 2025 (10-K)

How LNC Turns Every Dollar of Sales Into Real Bottom-Line Profit

Free Cash Flow:$0 (0% FCF Margin)
Revenue$18.21BGross Profit $8.01B (44%)Cost of Sales $10.20BOp Profit $1.39B (7.6%)OpEx (R&D/SG&A) $6.62BNet Profit$1.18B (6.5%)Tax/Other $211.9M

Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory

■ Revenue■ Net Profit■ Free Cash Flow
FY23
Rev $11.64B
FY24
Rev $18.44B
FY25
Rev $18.21B
Fiscal YearRevenueGross MarginOp MarginNet ProfitFree Cash FlowROIC %
FY 2025$18.21B44%7.6%$1.18B-$986.5M0.7%
FY 2024$18.44B44%21%$3.27B-$2.84B2.2%
FY 2023$11.64B44%-7.6%-$752.0M-$2.60B-8.3%
🔴 SUNDAY NIGHT PREP • 7:00 PM ETHosted Live by Perry Belcher & Guest Forensic Quant Desk

Red-Light Warning Desk: How Pros Profit When Overhyped Stocks Crack (Featuring LNC)

  • ✓Live walkthrough of LNC's RQD Radar, SEC cash-conversion gap & downside levels
  • ✓3 asymmetric Bear/Hedge setups institutions use when 10-year yields stay elevated
  • ✓Includes instant 24/7 email alert whenever any of your stocks flip to Red
RQD INSIDER CLUB UPGRADE$49/YEAR
Want Plain-English AI Custom Indicators, Daily Pro Trader Video Clips & SMS Crash Alerts?
LNC // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +8.46%📐 HORIZONTAL RANGE
2026-10-30O $41.42H $41.42L $40.53C $41.01VOL 1.86M
RES: $49.51SUP: $38.26SMA50: $41.71SMA200: $38.99
$48.68$44.49$40.30$36.11$31.92RES $49.51SUP $38.26$41.012026-04-302026-06-152026-07-312026-09-162026-10-30
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

LNC Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)
-8.8%/yr Implied 5Y Growth

vs. -1.2% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on LNC today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for LNC. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for LNC today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

LNC Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

How profitable is Lincoln National Corporation (LNC)?

In FY 2025 (10-K), LNC converted $18.2B of revenue into a 44% gross margin, 7.6% operating margin, and $0 in free cash flow (0% FCF margin).