LNC vs. BX

Last updated Apr 2, 2026

Compare and contrast key facts about Lincoln National Corporation (LNC) and The Blackstone Group Inc. (BX).

Performance

LNC vs. BX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lincoln National Corporation (LNC) and The Blackstone Group Inc. (BX). The values are adjusted to include any dividend payments, if applicable.

LNC vs. BX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LNC Lincoln National Corporation	-20.04%	48.02%	24.78%	-5.55%	-53.53%	39.49%	-11.08%	17.95%	-31.98%	17.98%
BX The Blackstone Group Inc.	-24.97%	-7.84%	35.07%	82.75%	-40.01%	107.11%	19.78%	96.33%	0.10%	27.34%

Fundamentals

EPS LNC : $9.41 BX : $5.09
PE Ratio LNC : 3.74 BX : 22.47
PEG Ratio LNC : 0.02 BX : 0.20
PS Ratio LNC : 0.24 BX : 6.46
Total Revenue (TTM) LNC : $18.21B BX : $13.83B
Gross Profit (TTM) LNC : $661.00M BX : $13.45B
EBITDA (TTM) LNC : $582.00M BX : $7.21B

Returns By Period

In the year-to-date period, LNC achieves a -20.04% return, which is significantly higher than BX's -24.97% return. Over the past 10 years, LNC has underperformed BX with an annualized return of 2.58%, while BX has yielded a comparatively higher 20.32% annualized return.

LNC

• 1D: -0.73%
• 1M: 2.14%
• YTD: -20.04%
• 6M: -10.22%
• 1Y: 2.73%
• 3Y*: 23.42%
• 5Y*: -6.43%
• 10Y*: 2.58%

BX

• 1D: -0.57%
• 1M: -0.87%
• YTD: -24.97%
• 6M: -30.59%
• 1Y: -17.21%
• 3Y*: 12.62%
• 5Y*: 12.52%
• 10Y*: 20.32%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

LNC vs. BX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LNC

LNC Risk / Return Rank: 41
LNC Sharpe Ratio Rank: 43
LNC Sortino Ratio Rank: 39
LNC Omega Ratio Rank: 39
LNC Calmar Ratio Rank: 43
LNC Martin Ratio Rank: 44

BX

BX Risk / Return Rank: 24
BX Sharpe Ratio Rank: 21
BX Sortino Ratio Rank: 21
BX Omega Ratio Rank: 21
BX Calmar Ratio Rank: 30
BX Martin Ratio Rank: 27

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LNC vs. BX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lincoln National Corporation (LNC) and The Blackstone Group Inc. (BX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	LNC	BX	Difference
Sharpe ratio Return per unit of total volatility	0.07	-0.44	+0.50
Sortino ratio Return per unit of downside risk	0.38	-0.39	+0.77
Omega ratio Gain probability vs. loss probability	1.05	0.95	+0.10
Calmar ratio Return relative to maximum drawdown	0.10	-0.34	+0.45
Martin ratio Return relative to average drawdown	0.26	-0.81	+1.07
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LNC vs. BX - Sharpe Ratio Comparison

The current LNC Sharpe Ratio is 0.07, which is higher than the BX Sharpe Ratio of -0.44. The chart below compares the historical Sharpe Ratios of LNC and BX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	LNC	BX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.07	-0.44	+0.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.15	0.32	-0.47
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.06	0.57	-0.52
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.28	-0.13

Correlation

The correlation between LNC and BX is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

LNC vs. BX - Dividend Comparison

LNC's dividend yield for the trailing twelve months is around 5.11%, more than BX's 4.15% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LNC Lincoln National Corporation	5.11%	4.04%	5.68%	6.67%	5.86%	2.46%	3.18%	2.51%	2.57%	1.51%	1.51%	1.59%
BX The Blackstone Group Inc.	4.15%	3.04%	2.00%	2.54%	6.66%	2.76%	2.95%	3.43%	8.12%	7.25%	6.14%	11.76%

Drawdowns

LNC vs. BX - Drawdown Comparison

The maximum LNC drawdown since its inception was -92.87%, which is greater than BX's maximum drawdown of -87.62%. Use the drawdown chart below to compare losses from any high point for LNC and BX.

Drawdown Indicators

	LNC	BX	Difference
Max Drawdown Largest peak-to-trough decline	-92.87%	-87.62%	-5.25%
Max Drawdown (1Y) Largest decline over 1 year	-29.13%	-44.76%	+15.63%
Max Drawdown (5Y) Largest decline over 5 years	-73.14%	-49.29%	-23.85%
Max Drawdown (10Y) Largest decline over 10 years	-79.19%	-49.29%	-29.90%
Current Drawdown Current decline from peak	-42.52%	-40.10%	-2.42%
Average Drawdown Average peak-to-trough decline	-24.98%	-25.60%	+0.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.52%	19.11%	-7.59%

Volatility

LNC vs. BX - Volatility Comparison

The current volatility for Lincoln National Corporation (LNC) is 10.22%, while The Blackstone Group Inc. (BX) has a volatility of 11.93%. This indicates that LNC experiences smaller price fluctuations and is considered to be less risky than BX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LNC	BX	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.22%	11.93%	-1.71%
Volatility (6M) Calculated over the trailing 6-month period	25.27%	25.39%	-0.12%
Volatility (1Y) Calculated over the trailing 1-year period	40.43%	39.68%	+0.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.99%	38.83%	+4.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.79%	35.55%	+11.24%

Financials

LNC vs. BX - Profitability Comparison

The chart below illustrates the profitability comparison between Lincoln National Corporation and The Blackstone Group Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

LNC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Lincoln National Corporation reported a gross profit of 0.00 and revenue of 4.84B. Therefore, the gross margin over that period was 0.0%.

BX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, The Blackstone Group Inc. reported a gross profit of 4.36B and revenue of 4.36B. Therefore, the gross margin over that period was 100.0%.

LNC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Lincoln National Corporation reported an operating income of 0.00 and revenue of 4.84B, resulting in an operating margin of 0.0%.

BX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, The Blackstone Group Inc. reported an operating income of 2.36B and revenue of 4.36B, resulting in an operating margin of 54.2%.

LNC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Lincoln National Corporation reported a net income of 754.00M and revenue of 4.84B, resulting in a net margin of 15.6%.

BX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, The Blackstone Group Inc. reported a net income of 1.97B and revenue of 4.36B, resulting in a net margin of 45.3%.