Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Lincoln National's share price for the quarter that ended in Mar. 2026 was €29.83. Lincoln National's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 191 Mil. Therefore, Lincoln National's market cap for the quarter that ended in Mar. 2026 was €5,704 Mil.
Lincoln National's quarterly market cap
increased
from Sep. 2025 (€6,480 Mil) to Dec. 2025 (€7,298 Mil) but then
declined
from Dec. 2025 (€7,298 Mil) to Mar. 2026 (€5,704 Mil).
Lincoln National's annual market cap
increased
from Dec. 2023 (€4,159 Mil) to Dec. 2024 (€5,111 Mil) and
increased
from Dec. 2024 (€5,111 Mil) to Dec. 2025 (€7,298 Mil).
Enterprise Value is 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 and cash equivalents. Lincoln National's Enterprise Value for Today is €6,189 Mil.
Lincoln National (FRA:LCO) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Lincoln National Market Cap Related Terms
Lincoln National Market Cap Historical Data
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The historical data trend for Lincoln National's Market Cap 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.
For the Insurance - Life subindustry, Lincoln National's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Insurance Industry
For the Insurance industry and Financial Services sector, Lincoln National's Market Cap distribution charts can be found below:
* The bar in red indicates where Lincoln National's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Lincoln National's Market Cap for the fiscal year that ended in Dec. 2025 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 (FRA:LCO) has a Market Cap of €6,180 Mil as of Jun. 29, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Lincoln National and its competitors. According to the industry distribution chart, Lincoln National ranks #113 out of 524 companies in the Insurance industry, placing it in the top 21.6%.
Is Lincoln National's Market Cap too high?
Lincoln National's current Market Cap is €6,180 Mil. Based on the distribution chart, Lincoln National ranks #113 out of 524 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. 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 Market Cap compare to JXN and PRI?
According to the Insurance industry distribution chart, Lincoln National ranks #113 out of 524 companies for Market Cap. This places Lincoln National in the top 22% of its industry — outperforming the majority of peers. The industry median Market Cap is 662.69. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Insurance company?
The median Market Cap among Insurance companies is 662.69, based on 524 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Lincoln National and its competitors. For the Insurance industry, the median Market Cap is 662.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lincoln National's current Market Cap is €6,180 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 (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 Market Cap is €6,180 Mil. 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 Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Lincoln National (FRA:LCO), the current Market Cap is €6,180 Mil as of Jun. 29, 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:
Market Cap: €6,180 Mil
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
Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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