Lincoln National (FRA:LCO) Tax Rate %: 30.08% (As of Mar. 2026)

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FRA:LCO Lincoln National Corp FRA:LCO
69 GF Score
Price €35.72
GF Value €38.42
Valuation Fairly Valued
! 7 Warning Signs
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What is Lincoln National Tax Rate %?

Lincoln National FRA:LCO -1.49% 69 Tax Rate % is 30.08% as of Mar. 2026. GuruFocus rates FRA:LCO with a GF Score™ of 69/100 and a GF Value™ of €38.42 (Fairly Valued). The stock has 7 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Lincoln National's Tax Expense for the three months ended in Mar. 2026 was €-64 Mil. Lincoln National's Pre-Tax Income for the three months ended in Mar. 2026 was €-213 Mil. Therefore, Lincoln National's Tax Rate % for the quarter that ended in Mar. 2026 was 30.08%.

Lincoln National Tax Rate % Related Terms

Lincoln National Tax Rate % Historical Data

* Premium members only.

The historical data trend for Lincoln National's Tax Rate % 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 Tax Rate % Chart

Lincoln National Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.63 21.28 34.49 18.57 12.03

Lincoln National Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % 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 23.92 17.57 15.08 17.60 30.08
FRA:LCO
69GF Score
Lincoln National Corp FRA:LCO
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Lincoln National Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Lincoln National's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=137.494/1142.652
=12.03 %

Lincoln National's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=-64.01/-212.79
=30.08 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 30.08% mean?
Lincoln National (FRA:LCO) has a Tax Rate % of 30.08% as of Mar. 2026.
Is Lincoln National's Tax Rate % too high?
Lincoln National's current Tax Rate % is 30.08%. Overall, Lincoln National has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lincoln National's Tax Rate % compare to JXN and PRI?
Lincoln National's Tax Rate % of 30.08% 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 Tax Rate % for an Insurance company?
A good Tax Rate % depends on the Insurance industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Lincoln National's current Tax Rate % is 30.08%. 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 Fairly Valued. The stock's GF Value™ is €38.42, compared to a current price of €35.72 — trading 7% below its estimated fair value. The current Tax Rate % is 30.08%. Lincoln National's overall GF Score™ is 69/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Lincoln National (FRA:LCO), the current Tax Rate % is 30.08% 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 €35.72 is trading 7% below its estimated GF Value™ of €38.42. GuruFocus considers Lincoln National to be Fairly Valued.

Key valuation signals for FRA:LCO:

  • Tax Rate %: 30.08%
  • GF Value™: €38.42 vs. price of €35.72 (7% below fair value)
  • GF Score™: 69/100 with 7 warning signs

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 Business Description

Other Exchanges LNC:USA0JV3:UKL1NC34:Brazil
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.
69GF Score

Get the complete analysis for FRA:LCO

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€35.72
Price
€38.42
GF Value