Lincoln Cost Of Revenue vs Operating Income Analysis

LNC Stock  USD 27.81  0.15  0.54%   
Lincoln National financial indicator trend analysis is infinitely more than just investigating Lincoln National recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lincoln National is a good investment. Please check the relationship between Lincoln National Cost Of Revenue and its Operating Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lincoln National. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Lincoln Stock refer to our How to Trade Lincoln Stock guide.

Cost Of Revenue vs Operating Income

Cost Of Revenue vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lincoln National Cost Of Revenue account and Operating Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Lincoln National's Cost Of Revenue and Operating Income is -0.31. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Operating Income in the same time period over historical financial statements of Lincoln National, assuming nothing else is changed. The correlation between historical values of Lincoln National's Cost Of Revenue and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Lincoln National are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Cost Of Revenue i.e., Lincoln National's Cost Of Revenue and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.31
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cost Of Revenue

Cost of Revenue is found on Lincoln National income statement and represents the costs associated with goods and services Lincoln National provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Operating Income

Operating Income is the amount of profit realized from Lincoln National operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Lincoln National is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Lincoln National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lincoln National current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lincoln National. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Lincoln Stock refer to our How to Trade Lincoln Stock guide.At present, Lincoln National's Enterprise Value Multiple is projected to increase significantly based on the last few years of reporting.
 2021 2022 2024 (projected)
Total Revenue19.2B18.8B10.7B
Interest Expense270M283M190.1M

Lincoln National fundamental ratios Correlations

0.780.480.780.71-0.250.340.70.62-0.27-0.28-0.470.58-0.050.60.760.42-0.10.590.130.580.340.310.450.290.8
0.780.620.660.720.02-0.140.660.450.120.120.010.290.030.280.310.730.020.240.310.740.520.630.70.610.4
0.480.620.540.770.26-0.370.30.020.240.240.37-0.03-0.020.08-0.060.75-0.03-0.250.00.690.580.510.680.540.16
0.780.660.540.82-0.430.030.540.28-0.18-0.19-0.230.26-0.130.590.540.56-0.060.27-0.420.770.10.050.690.050.72
0.710.720.770.82-0.22-0.270.450.330.10.10.110.09-0.040.570.270.80.0-0.04-0.230.820.260.230.80.240.6
-0.250.020.26-0.43-0.22-0.220.17-0.050.690.690.6-0.020.51-0.54-0.550.10.15-0.430.58-0.120.760.77-0.090.8-0.64
0.34-0.14-0.370.03-0.27-0.220.320.39-0.45-0.45-0.730.850.230.320.73-0.7-0.120.640.13-0.45-0.07-0.11-0.61-0.180.44
0.70.660.30.540.450.170.320.610.240.24-0.120.670.470.380.410.290.160.290.270.430.610.60.310.580.4
0.620.450.020.280.33-0.050.390.61-0.01-0.01-0.340.570.260.450.560.1-0.020.460.380.210.280.30.10.280.49
-0.270.120.24-0.180.10.69-0.450.24-0.011.00.79-0.070.76-0.19-0.620.320.22-0.760.20.150.520.60.220.62-0.48
-0.280.120.24-0.190.10.69-0.450.24-0.011.00.79-0.070.76-0.2-0.630.320.22-0.760.20.150.520.60.220.62-0.48
-0.470.010.37-0.230.110.6-0.73-0.12-0.340.790.79-0.490.33-0.4-0.820.40.18-0.840.020.170.350.40.30.44-0.63
0.580.29-0.030.260.09-0.020.850.670.57-0.07-0.07-0.490.540.430.69-0.33-0.060.470.28-0.120.280.31-0.280.250.51
-0.050.03-0.02-0.13-0.040.510.230.470.260.760.760.330.540.06-0.12-0.150.13-0.380.23-0.140.440.51-0.180.49-0.15
0.60.280.080.590.57-0.540.320.380.45-0.19-0.2-0.40.430.060.570.140.250.23-0.30.33-0.08-0.190.24-0.210.9
0.760.31-0.060.540.27-0.550.730.410.56-0.62-0.63-0.820.69-0.120.57-0.17-0.210.82-0.010.13-0.09-0.17-0.04-0.210.81
0.420.730.750.560.80.1-0.70.290.10.320.320.4-0.33-0.150.14-0.170.07-0.230.00.880.40.420.920.460.15
-0.10.02-0.03-0.060.00.15-0.120.16-0.020.220.220.18-0.060.130.25-0.210.07-0.260.070.060.180.120.080.120.02
0.590.24-0.250.27-0.04-0.430.640.290.46-0.76-0.76-0.840.47-0.380.230.82-0.23-0.260.22-0.05-0.14-0.12-0.18-0.160.54
0.130.310.0-0.42-0.230.580.130.270.380.20.20.020.280.23-0.3-0.010.00.070.22-0.140.590.68-0.170.66-0.25
0.580.740.690.770.82-0.12-0.450.430.210.150.150.17-0.12-0.140.330.130.880.06-0.05-0.140.330.260.980.290.37
0.340.520.580.10.260.76-0.070.610.280.520.520.350.280.44-0.08-0.090.40.18-0.140.590.330.890.280.9-0.12
0.310.630.510.050.230.77-0.110.60.30.60.60.40.310.51-0.19-0.170.420.12-0.120.680.260.890.251.0-0.2
0.450.70.680.690.8-0.09-0.610.310.10.220.220.3-0.28-0.180.24-0.040.920.08-0.18-0.170.980.280.250.280.24
0.290.610.540.050.240.8-0.180.580.280.620.620.440.250.49-0.21-0.210.460.12-0.160.660.290.91.00.28-0.22
0.80.40.160.720.6-0.640.440.40.49-0.48-0.48-0.630.51-0.150.90.810.150.020.54-0.250.37-0.12-0.20.24-0.22
Click cells to compare fundamentals

Lincoln National Account Relationship Matchups

Lincoln National fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets334.8B365.9B387.3B334.2B342.6B359.7B
Short Long Term Debt Total6.4B6.7B6.6B6.5B6.1B3.4B
Total Stockholder Equity19.7B22.7B20.3B5.1B6.9B9.4B
Net Debt3.8B5.0B4.0B3.1B2.7B2.8B
Retained Earnings8.9B8.7B9.1B5.9B4.8B4.7B
Common Stock Shares Outstanding202.1M194.5M189.1M172.7M169.6M234.7M
Liabilities And Stockholders Equity334.8B365.9B387.3B334.2B342.6B359.7B
Non Current Liabilities Total6.1B6.7B6.3B750M357.1B374.9B
Other Stockholder Equity5.2B5.1B4.7B5.5B6.4B6.7B
Total Liab315.1B6.7B367.0B329.1B335.7B352.5B
Other Current Liab278.0B(300M)(10.4B)250M(21.6B)(20.5B)
Total Current Liabilities278.0B300M(10.1B)750M(21.4B)(20.3B)
Non Current Assets Total111.8B129.5B125.3B104.8B333.9B286.3B
Non Currrent Assets Other(1.4B)(3.2B)(4.4B)(4.2B)54.4B51.7B
Other Assets97.6B94.8B119.7B106.5B122.4B128.5B
Net Receivables17.6B17.0B20.9B19.4B29.8B31.3B
Total Current Assets125.4B141.7B142.2B123.0B8.7B9.1B
Accumulated Other Comprehensive Income5.7B8.9B6.4B(6.4B)(3.5B)(3.3B)
Intangible Assets8.3B6.4B6.6B14.1B12.7B13.3B
Cash2.6B1.7B2.6B3.3B3.4B2.9B
Cash And Short Term Investments107.8B124.8B121.4B103.1B23.0B42.9B
Good Will1.4B1.8B1.8B1.1B1.3B2.0B
Common Stock Total Equity5.2B5.1B4.7B4.5B5.2B4.6B
Short Term Investments105.2B123.0B118.7B99.7B4.3B4.0B
Common Stock5.2B5.1B4.7B4.5B4.6B4.7B
Other Liab297.2B333.8B357.5B312.1B358.9B376.9B
Long Term Debt7.9B8.6B6.3B6.0B5.7B5.4B
Property Plant Equipment361M257M184M154M138.6M92.2M
Other Current Assets7.0B6.8B7.4B7.9B8.7B9.1B
Accounts Payable5.1B6.2B2.1B6.7B7.7B4.1B
Retained Earnings Total Equity8.9B8.7B9.1B6.2B7.2B6.5B
Deferred Long Term Liab234M213M203M215M247.3M191.6M
Net Tangible Assets17.9B20.9B18.5B2.0B2.3B2.2B
Long Term Debt Total7.9B8.6B6.3B6.0B6.8B7.5B
Long Term Investments134.8B155.2B123.5B133.0B96.4B124.3B

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When determining whether Lincoln National offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lincoln National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lincoln National Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lincoln National Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lincoln National. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Lincoln Stock refer to our How to Trade Lincoln Stock guide.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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When running Lincoln National's price analysis, check to measure Lincoln National's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lincoln National is operating at the current time. Most of Lincoln National's value examination focuses on studying past and present price action to predict the probability of Lincoln National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lincoln National's price. Additionally, you may evaluate how the addition of Lincoln National to your portfolios can decrease your overall portfolio volatility.
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Is Lincoln National's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lincoln National. If investors know Lincoln will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lincoln National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.39)
Dividend Share
1.8
Earnings Share
(4.92)
Revenue Per Share
68.677
Quarterly Revenue Growth
(0.82)
The market value of Lincoln National is measured differently than its book value, which is the value of Lincoln that is recorded on the company's balance sheet. Investors also form their own opinion of Lincoln National's value that differs from its market value or its book value, called intrinsic value, which is Lincoln National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lincoln National's market value can be influenced by many factors that don't directly affect Lincoln National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lincoln National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lincoln National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lincoln National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.