Company Quick10K Filing
Lincoln National Life Insurance
10-Q 2020-03-31 Filed 2020-05-12
10-K 2019-12-31 Filed 2020-03-13
10-Q 2019-09-30 Filed 2019-11-04
10-Q 2019-06-30 Filed 2019-08-05
10-Q 2019-03-31 Filed 2019-05-06
10-K 2018-12-31 Filed 2019-03-13
10-Q 2018-09-30 Filed 2018-11-06
10-Q 2018-06-30 Filed 2018-08-07
10-Q 2018-03-31 Filed 2018-05-09
10-K 2017-12-31 Filed 2018-03-13
8-K 2018-01-19 Enter Agreement, Exhibits

Lincoln National Life Insurance Financials

C865 Metrics, Comps, Filings

Quarterly | Annual

Business

The Lincoln National Life Insurance Company (“LNL” or the “Company,” which also may be referred to as “we,” “our” or “us”) is a wholly-owned subsidiary of Lincoln National Corporation (“LNC” or the “Parent Company”). We own 100% of the outstanding common stock of our insurance company subsidiaries, Lincoln Life & Annuity Company of New York (“LLANY”) and Liberty Life Assurance Company of Boston (“Liberty Life” or “LLACB”). See “Acquisitions and Dispositions” below for more information on our 2018 acquisition of LLACB. We also own several non-insurance companies, including Lincoln Financial Distributors, Inc. (“LFD”), our wholesale distributor, and Lincoln Financial Advisors Corporation, part of LNC’s retail distributor, Lincoln Financial Network (“LFN”). LNL’s principal businesses consist of underwriting annuities, deposit-type contracts and life insurance through multiple distribution channels. LNL is licensed and sells its products throughout the U.S. and several U.S. territories. As of December 31, 2018, LNL had consolidated assets of $299.1 billion and consolidated stockholder’s equity of $16.3 billion.

We provide products and services and report results through four segments as follows:

  Business Segments Annuities Retirement Plan Services Life Insurance Group Protection


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Stemcell Holdings (STMM) 113% -1.0 26% 12 6 7 8 3 5 -5
FCCC (FCCC) 1.5 -61% 0 0 0 0 -0 -0 -0
Tapinator (TAPM) 0% 0.1 -99% 2 1 4 0 -2 -2 -0
Nogales Resources (NLRT) 0% 0 0 0 0 0 0 -0
Golden Growers Cooperative (GGRO) -0% 0% 27 2 42 -0 0 0 -4
Northern Power Systems (NPS) 22% 0.4 -27% 9 14 18 4 -2 -2 -1
Twin River Worldwide (TRWH) 0% 4.0 4% 1,071 808 393 0 42 112 450
Bio-En (BENH) 0.1 -643% 0 0 0 0 -0 -0 -0
Southwest Iowa Renewable Energy (SIRE) -1% -47.3 -1% 141 52 217 -2 -1 -1 25
Texas Republic Capital (TRCC) 0% 8.9 -5% 26 15 1 0 -1 -1 -11
Fannie Mae (FNM) 28.1 0% 3,494,436 3,484,094 0 0 13,025 119,732 3,361,548
CBA Florida (CBAI) 43.6 -1% 15 1 0 0 -0 -0 -11
Pacific Gold & Royalty (PCFG) -7.1 0 4 0 -0 -0 -0 0
BoxScore Brands (BOXS) 33% -8.3 -540% 0 8 0 0 -2 -1 6
Quest Management (QUEST) 27% -0.3 129% 0 0 0 0 0 0 -0
Zhen Ding Resources (RBTK) 0.1 48,309,900% 0 0 -0 -0 -0
Hines Global REIT (HGRI) 0% 1.7 19% 2,011 1,000 205 0 388 422 716
Wadena (WDN) 0% 0.0 -2,344% 0 1 0 0 -0 -0 -0
Galera Therapeutics (GRTX) 1.3 -17% 80 52 0 0 -13 -12 -16
Chase General (CSGN) 26% -0.5 -2% 2 1 2 1 -0 0 -0

Balance Sheet ($MM)2017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash9471,2391,4181,2071,8481,3202,7312,238
Accounts Receivable
Inventory
PP&E
Assets281,872279,134299,785304,955299,145314,927323,196326,285
Accounts Payable
Long-Term Debt2,3742,401
Liabilities263,427261,897282,611288,004282,826296,677303,052304,509
Stockholders' Equity18,44517,23717,17416,95116,31918,25020,14421,776
Income Statement ($MM)2017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue3,4133,4043,8524,0394,0633,7643,9284,227
Cost of Revenue
Gross Profit
R&D
SG&A
Tax767542-1520-98
Net Income963407420378368133222-201
Cash Flow ($MM)2017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating370443331-1,637-1,677-378
Cash Investing-677-1,766-1,935-1,0431,161-1,843
Cash Financing5991,5021,3932,1521,9271,728