Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
EBIT
by its Interest Expense. Lincoln National's
EBIT
for the
three
months ended in Mar. 2026 was €-143 Mil. Lincoln National's Interest Expense for the
three
months ended in Mar. 2026 was €-70 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Lincoln National's Interest Coverage or its related term are showing as below:
FRA:LCO'
s Interest Coverage Range Over the Past 10 Years
Min: 2.49 Med: 6.89 Max: 18.2
Current: 9.95
FRA:LCO's Interest Coverage is ranked worse than 63.46% of 353
companies
in the Insurance industry
Industry Median: 16.26
vs FRA:LCO: 9.95
Lincoln National (FRA:LCO) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Lincoln National Interest Coverage Related Terms
Lincoln National Interest Coverage Historical Data
* Premium members only.
The historical data trend for Lincoln National's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
FRA:LCO vs JXN, PRI, CNO: Interest Coverage Comparison
For the Insurance - Life subindustry, Lincoln National's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Insurance Industry
For the Insurance industry and Financial Services sector, Lincoln National's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Lincoln National's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Lincoln National did not have earnings to cover the interest expense.
* 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.
What does a Interest Coverage of 0 (At Loss) mean?
Lincoln National (FRA:LCO) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Lincoln National and its competitors. Over the past decade, Lincoln National's Interest Coverage has ranged from 2.49 to 18.20. According to the industry distribution chart, Lincoln National ranks #224 out of 353 companies in the Insurance industry, placing it in the top 63.5%.
Is Lincoln National's Interest Coverage too high?
Lincoln National's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 2.49 to a high of 18.20. Based on the distribution chart, Lincoln National ranks #224 out of 353 companies in the Insurance industry, which is below the industry midpoint. Overall, Lincoln National has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lincoln National's Interest Coverage compare to JXN and PRI?
According to the Insurance industry distribution chart, Lincoln National ranks #224 out of 353 companies for Interest Coverage. This places Lincoln National in the lower half of its industry. The industry median Interest Coverage is 16.26. Historically, Lincoln National's own Interest Coverage has ranged from 2.49 to 18.20 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Insurance company?
The median Interest Coverage among Insurance companies is 16.26, based on 353 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Lincoln National and its competitors. For the Insurance industry, the median Interest Coverage is 16.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lincoln National's current Interest Coverage is 0 (At Loss). 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 (FRA:LCO) is currently considered Modestly Undervalued. The stock's GF Value™ is €37.68, compared to a current price of €31.40 — trading 16.7% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Lincoln National's overall GF Score™ is 67/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Lincoln National (FRA:LCO), the current Interest Coverage is 0 (At Loss) as of Mar. 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 (FRA:LCO) Overvalued in 2026?
Based on GuruFocus' analysis, Lincoln National stock appears to be undervalued.
The current stock price of €31.40 is trading 16.7% below its estimated GF Value™ of €37.68.
GuruFocus considers Lincoln National to be Modestly Undervalued.
Key valuation signals for FRA:LCO:
Interest Coverage: 0 (At Loss)
GF Value™: €37.68 vs. price of €31.40 (16.7% below fair value)
No single metric tells the full story. See the FRA:LCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
67GF Score
Get the complete analysis for FRA:LCO
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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