Lincoln National (STU:LCO) Beginning Cash Position: €6,375 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:LCO Lincoln National Corp STU:LCO
68 GF Score
Price €40.65
GF Value €40.44
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Lincoln National Beginning Cash Position?

Lincoln National STU:LCO +1.75% 68 Beginning Cash Position is €6,375 Mil as of Jun. 2026. GuruFocus rates STU:LCO with a GF Score™ of 68/100 and a GF Value™ of €40.44 (Fairly Valued). The stock has 7 warning signs investors should review.

Lincoln National's Beginning Cash Position for the quarter that ended in Jun. 2026 was €6,375 Mil.

Lincoln National's quarterly Beginning Cash Position declined from Dec. 2025 (€9,110 Mil) to Mar. 2026 (€8,219 Mil) and declined from Mar. 2026 (€8,219 Mil) to Jun. 2026 (€6,375 Mil).

Lincoln National's annual Beginning Cash Position increased from Dec. 2023 (€3,066 Mil) to Dec. 2024 (€3,214 Mil) and increased from Dec. 2024 (€3,214 Mil) to Dec. 2025 (€4,954 Mil).


Lincoln National Beginning Cash Position Related Terms


Lincoln National Beginning Cash Position Historical Data

* Premium members only.

The historical data trend for Lincoln National's Beginning Cash Position 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.

Lincoln National Beginning Cash Position Chart

Lincoln National Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,511.58 2,465.73 3,065.53 3,213.58 4,954.05

Lincoln National Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Beginning Cash Position 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 3,714.23 6,085.84 9,110.47 8,219.23 6,375.46
STU:LCO
68GF Score
Lincoln National Corp STU:LCO
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lincoln National Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of €6,375 Mil mean?
Lincoln National (STU:LCO) has a Beginning Cash Position of €6,375 Mil as of Jun. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Lincoln National and its competitors.
Is Lincoln National's Beginning Cash Position too high?
Lincoln National's current Beginning Cash Position is €6,375 Mil. Overall, Lincoln National has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lincoln National's Beginning Cash Position compare to JXN and PRI?
Lincoln National's Beginning Cash Position of €6,375 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for an Insurance company?
A good Beginning Cash Position depends on the Insurance industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Lincoln National and its competitors. Lincoln National's current Beginning Cash Position is €6,375 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lincoln National stock overvalued right now?
Based on GuruFocus' analysis, Lincoln National (STU:LCO) is currently considered Fairly Valued. The stock's GF Value™ is €40.44, compared to a current price of €40.65 — trading 0.5% above its estimated fair value. The current Beginning Cash Position is €6,375 Mil. Lincoln National's overall GF Score™ is 68/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Lincoln National (STU:LCO), the current Beginning Cash Position is €6,375 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Lincoln National (STU:LCO) Overvalued in 2026?

Based on GuruFocus' analysis, Lincoln National stock appears to be overvalued. The current stock price of €40.65 is trading 0.5% above its estimated GF Value™ of €40.44. GuruFocus considers Lincoln National to be Fairly Valued.

Key valuation signals for STU:LCO:

  • Beginning Cash Position: €6,375 Mil
  • GF Value™: €40.44 vs. price of €40.65 (0.5% above fair value)
  • GF Score™: 68/100 with 7 warning signs

No single metric tells the full story. See the STU:LCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lincoln National Business Description

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 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.
68GF Score

Get the complete analysis for STU:LCO

Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€40.65
Price
€40.44
GF Value