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Lincoln National (Lincoln National) Enterprise Value : $8,298 Mil (As of Apr. 28, 2024)


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What is Lincoln National Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Lincoln National's Enterprise Value is $8,298 Mil. Lincoln National's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-816 Mil. Therefore, Lincoln National's EV-to-EBIT ratio for today is -10.17.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Lincoln National's Enterprise Value is $8,298 Mil. Lincoln National's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $-816 Mil. Therefore, Lincoln National's EV-to-EBITDA ratio for today is -10.17.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Lincoln National's Enterprise Value is $8,298 Mil. Lincoln National's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $11,702 Mil. Therefore, Lincoln National's EV-to-Revenue ratio for today is 0.71.


Lincoln National Enterprise Value Historical Data

The historical data trend for Lincoln National's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lincoln National Enterprise Value Chart

Lincoln National Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15,409.44 14,650.12 16,108.26 9,296.47 8,145.89

Lincoln National Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9,296.47 7,503.52 8,041.69 8,550.86 8,145.89

Competitive Comparison of Lincoln National's Enterprise Value

For the Insurance - Life subindustry, Lincoln National's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lincoln National's Enterprise Value Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Lincoln National's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Lincoln National's Enterprise Value falls into.



Lincoln National Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Lincoln National's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Lincoln National's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Lincoln National  (NYSE:LNC) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Lincoln National's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=8298.170/-816
=-10.17

Lincoln National's current Enterprise Value is $8,298 Mil.
Lincoln National's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-816 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Lincoln National's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=8298.170/-816
=-10.17

Lincoln National's current Enterprise Value is $8,298 Mil.
Lincoln National's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-816 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Lincoln National's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=8298.170/11702
=0.71

Lincoln National's current Enterprise Value is $8,298 Mil.
Lincoln National's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $11,702 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Lincoln National Enterprise Value Related Terms

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Lincoln National (Lincoln National) Business Description

Traded in Other Exchanges
Address
150 North Radnor-Chester Road, Suite A305, Radnor, PA, USA, 19087
Lincoln National Corp operates multiple insurance and retirement businesses. The company's operating segment includes Annuities; Retirement Plan Services; Life Insurance and Group Protection. Its products primarily include fixed and indexed annuities, variable annuities, universal life insurance (UL), variable universal life insurance (VUL), linked-benefit UL and VUL, indexed universal life insurance (IUL), term life insurance, employer-sponsored retirement plans and services, and group life, disability and dental.
Executives
Owen Ryan director C/O BLACKLINE INC, 21300 VICTORY BOULEVARD 12TH FLOOR, WOODLAND HILLS CA 91367
Andrew Rallis officer: EVP, Chief Risk Officer 150 N. RADNOR-CHESTER ROAD, RADNOR PA 19087
Sean Woodroffe officer: EVP, Ch Ppl Culture Comms Off 150 N. RADNOR-CHESTER ROAD, RADNOR PA 19087
John Christopher Kennedy officer: EVP, President LFD 150 N. RADNOR-CHESTER ROAD, RADNOR PA 19087
Deirdre P Connelly director C/O GLAXOSMITHKLINE, FIVE CRESCENT DRIVE, PHILADELPHIA PA 19112-1001
James Waltman Reid officer: EVP Head of Wrkplc Solutions 150 N. RADNOR-CHESTER ROAD, RADNOR PA 19087
Matthew Grove officer: EVP Head of Life Annuities LFN 150 N RADNOR-CHESTER ROAD, RADNOR PA 19087
Dennis R Glass officer: President & COO LINCOLN NATIONAL CORPORATION, 150 N. RADNOR CHESTER ROAD, RADNOR PA 19087
Christopher M Neczypor officer: EVP, Chief Strategy Officer 150 N RADNOR-CHESTER ROAD, RADNOR PA 19087
Jayson R Bronchetti officer: EVP, Chief Investment Officer 150 N RADNOR-CHESTER ROAD, RADNOR PA 19087
Adam M Cohen officer: CAO 150 N. RADNOR-CHESTER ROAD, RADNOR PA 19087
Randal J Freitag officer: EVP & CFO LINCOLN NATIONAL CORPORATION, 150 N. RADNOR CHESTER ROAD, RADNOR PA 19087
Janet Liang director 150 N. RADNOR-CHESTER ROAD, RADNOR PA 19087
Dale Lefebvre director 150 N. RADNOR-CHESTER ROAD, RADNOR PA 19087
Kenneth S. Solon officer: EVP & Chief Information Ofc.. 150 N. RADNOR CHESTER ROAD, RADNOR PA 19087