Company data
Lincoln National Corporation employees and revenue per employee
LNC · Insurance - Life · $8.39B market cap
Lincoln National Corporation had 9,423 employees at the end of fiscal Dec 2025, down 3.7% from a year earlier. Revenue for the year was $18.2B, up 1.2% from a year earlier, or $1.93M per employee. Revenue held up or grew while headcount stayed flat or fell.
Employees
9,423
-3.7% YoY
Revenue
$18.2B
+1.2% YoY
Revenue / employee
$1.93M
Peer median $1.64M
Rank in industry
2 of 10
Insurance - Life
Headcount against revenue
Both lines start at 100 in the first year we hold, so you can see which one grew faster.
Hover a year for the numbers.
| Year ending | Employees | Revenue | Per employee | Staff YoY | Revenue YoY |
|---|---|---|---|---|---|
| Dec 2025 | 9,423 | $18.2B | $1.93M | -3.7% | +1.2% |
| Dec 2024 | 9,783 | $18.0B | $1.84M | -11.3% | +53.6% |
| Dec 2023 | 11,024 | $11.7B | $1.06M | -2.6% | -38.1% |
| Dec 2022 | 11,316 | $18.9B | $1.67M | +4.3% | +7.5% |
| Dec 2021 | 10,848 | $17.6B | $1.62M | -1.1% | +0.1% |
| Dec 2020 | 10,966 | $17.6B | $1.60M | -3.4% | +1.9% |
| Dec 2019 | 11,357 | $17.3B | $1.52M | +2.9% | +5.1% |
| Dec 2018 | 11,034 | $16.4B | $1.49M | +22.0% | +15.2% |
| Dec 2017 | 9,047 | $14.3B | $1.58M | -0.1% | +7.0% |
| Dec 2016 | 9,057 | $13.3B | $1.47M | — | — |
Open roles: we have not matched a verified job board for this company yet.
Lincoln National Corporation against similar companies
The closest industry peers by revenue, from Insurance - Life.
| Company | Employees | Revenue | Revenue / employee | Shape |
|---|---|---|---|---|
| ATHS Athene Holding Ltd. 7.250% Fixe | 1,970 | $25.7B | $13.0M | Leaner |
| LNC Lincoln National Corporation | 9,423 | $18.2B | $1.93M | Leaner |
| JXN Jackson Financial Inc. | 3,890 | $6.68B | $1.72M | Leaner |
| MET MetLife, Inc. | 46,000 | $77.1B | $1.68M | Efficient growth |
| PRU Prudential Financial, Inc. | 36,824 | $61.0B | $1.66M | Contracting |
| GL Globe Life Inc. | 3,695 | $6.00B | $1.62M | Leaner |
| AFL Aflac Incorporated | 12,716 | $17.4B | $1.37M | Hiring into decline |
| UNM Unum Group | 10,684 | $13.1B | $1.22M | Leaner |
| VOYA Voya Financial, Inc. | 11,000 | $7.50B | $681K | Hiring into decline |
Questions about Lincoln National Corporation
- How many employees does Lincoln National Corporation have?
- Lincoln National Corporation reported 9,423 employees for the fiscal year ending Dec 2025, in the annual report it filed on February 19, 2026. That is down 3.7% from a year earlier.
- What is Lincoln National Corporation's revenue per employee?
- Lincoln National Corporation brought in $18.2B of revenue in fiscal Dec 2025, which is $1.93M per employee. That ranks 2 of 10 companies we track in Insurance - Life, where the median is $1.64M.
- Where do these numbers come from?
- Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.
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Source: employee counts and revenue as stated in Lincoln National Corporation's annual reports (Form 10-K), latest filed February 19, 2026. This is data, not a recommendation to buy or sell LNC.