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Corebridge Financial vs Lincoln National: revenue, profit, margins and growth compared

Corebridge Financial brought in $18.5B of revenue in fiscal 2025, Lincoln National $18.2B in fiscal 2025. Revenue changed by -1.2% at Corebridge Financial and -1.2% at Lincoln National on the year before. Corebridge Financial kept -2.0% of its revenue as net profit, Lincoln National 6.5%.

Side by side, latest fiscal year

CRBGLNC
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$18.5B$18.2B
Revenue growth-1.2%-1.2%
Net income-$366M$1.2B
Net margin-2.0%6.5%
Free cash flown/an/a
Free cash flow marginn/an/a
Earnings per share (diluted)-$0.68$5.83
Cash$453M$9.5B
Debtn/a$5.9B
Price to earningsn/a7.2
Market value$15.5B$8B
Dividend yieldn/a4.32%
Rank by revenue in sector#33 of 444 · Finance#35 of 444 · Finance

Over the years

Revenue
CRBG FY2020: $15.1BCRBG FY2022: $23.3BCRBG FY2022: $24.7BCRBG FY2023: $18.8BCRBG FY2024: $18.7BCRBG FY2025: $18.5BLNC FY2018: $16.4BLNC FY2019: $17.3BLNC FY2020: $17.4BLNC FY2021: $17.7BLNC FY2022: $18.8BLNC FY2023: $11.6BLNC FY2024: $18.4BLNC FY2025: $18.2BFY18FY19FY20FY21FY22FY23FY24FY25
CRBG $18.5BLNC $18.2B
Net income
CRBG FY2020: $642MCRBG FY2022: $8.2BCRBG FY2022: $8.2BCRBG FY2023: $1.1BCRBG FY2024: $2.2BCRBG FY2025: -$366MLNC FY2018: $1.6BLNC FY2019: $886MLNC FY2020: $499MLNC FY2021: $3.8BLNC FY2022: $1.4BLNC FY2023: -$752MLNC FY2024: $3.3BLNC FY2025: $1.2BFY18FY19FY20FY21FY22FY23FY24FY25
CRBG -$366MLNC $1.2B
Net margin
CRBG FY2020: 4.3%CRBG FY2022: 35.4%CRBG FY2022: 33.0%CRBG FY2023: 5.9%CRBG FY2024: 11.9%CRBG FY2025: -2.0%LNC FY2018: 10.0%LNC FY2019: 5.1%LNC FY2020: 2.9%LNC FY2021: 21.3%LNC FY2022: 7.2%LNC FY2023: -6.5%LNC FY2024: 17.8%LNC FY2025: 6.5%FY18FY19FY20FY21FY22FY23FY24FY25
CRBG -2.0%LNC 6.5%
Revenue growth
CRBG FY2022: +54.4%CRBG FY2022: +6.2%CRBG FY2023: -23.9%CRBG FY2024: -0.5%CRBG FY2025: -1.2%LNC FY2019: +5.1%LNC FY2020: +1.0%LNC FY2021: +1.6%LNC FY2022: +6.2%LNC FY2023: -38.1%LNC FY2024: +58.4%LNC FY2025: -1.2%FY19FY20FY21FY22FY23FY24FY25
CRBG -1.2%LNC -1.2%

Fiscal years as each company reports them; the two may end in different months.

Questions about Corebridge Financial and Lincoln National

Which is bigger by revenue, Corebridge Financial or Lincoln National?

Corebridge Financial is bigger by revenue: $18.5B in fiscal 2025, against $18.2B for Lincoln National in fiscal 2025.

Which keeps more of its revenue as profit, Corebridge Financial or Lincoln National?

Corebridge Financial had a net margin of -2.0% in fiscal 2025; Lincoln National had 6.5% in fiscal 2025.

Which grew revenue faster, Corebridge Financial or Lincoln National?

In their latest fiscal years revenue changed by -1.2% at Corebridge Financial and -1.2% at Lincoln National.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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