| Lincoln National is a holding company. Through its subsidiaries, Co. operates several insurance and retirement businesses. Co. has four segments: Annuities, which provides tax-deferred investment growth and lifetime income opportunities for its clients by providing variable annuities, fixed (including indexed) annuities and indexed variable annuities; Retirement Plan Services, which provides employers with retirement plan products and services, primarily in the defined contribution retirement plan marketplace; Life Insurance, which focuses on the creation and protection of wealth for its clients; and Group Protection, which provides group non-medical insurance products and services. We show 52 historical shares outstanding datapoints in our LNC shares outstanding history coverage, used to compute LNC market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing LNC market cap history over the course of time is important for investors
interested in comparing LNC's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of LNC versus a peer is one thing; comparing
LNC market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like LNC can fluctuate over the course of history.
With this page we aim to empower investors researching LNC by allowing them to research the LNC market cap history.