Market cap
$7.7bn
Earnings yield vs 10-yr compares what the business earns per pound invested against the 5.28% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.
Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.
(7) Includes gain on early extinguishment of debt of $94 million for the three and six months ended June 30, 2025. 85 T able of Contents Comparison of the Three Months Ended June 30, 2026 to 2025 Net income increased due primarily to the following: • Higher gain in net annuity product features driven by the impact of capital markets. • Improvement in our Life Insurance segment’s income from operations. The increase in net income was partially offset by the following: • Higher investment losses driven by higher losses on certain investments associated with the fourth quarter 2023 reinsurance transaction. …LINCOLN NATIONAL CORP, 10-Q, period ended 2026-06-30, filed 2026-07-30