PRU vs. LNC

Last updated Apr 2, 2026

Compare and contrast key facts about Prudential Financial, Inc. (PRU) and Lincoln National Corporation (LNC).

Performance

PRU vs. LNC - Performance Comparison

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

PRU vs. LNC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PRU Prudential Financial, Inc.	-12.02%	0.18%	19.46%	10.09%	-3.86%	45.32%	-11.40%	20.10%	-26.46%	13.65%
LNC Lincoln National Corporation	-20.04%	48.02%	24.78%	-5.55%	-53.53%	39.49%	-11.08%	17.95%	-31.98%	17.98%

Fundamentals

EPS PRU : $7.39 LNC : $9.41
PE Ratio PRU : 13.27 LNC : 3.74
PEG Ratio PRU : 0.78 LNC : 0.02
PS Ratio PRU : 0.60 LNC : 0.24
Total Revenue (TTM) PRU : $57.94B LNC : $18.21B
Gross Profit (TTM) PRU : $17.33B LNC : $661.00M
EBITDA (TTM) PRU : $3.52B LNC : $582.00M

Returns By Period

In the year-to-date period, PRU achieves a -12.02% return, which is significantly higher than LNC's -20.04% return. Over the past 10 years, PRU has outperformed LNC with an annualized return of 7.69%, while LNC has yielded a comparatively lower 2.58% annualized return.

PRU

• 1D: 0.30%
• 1M: -1.97%
• YTD: -12.02%
• 6M: -2.30%
• 1Y: -7.60%
• 3Y*: 11.24%
• 5Y*: 6.10%
• 10Y*: 7.69%

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%

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

Return for Risk

PRU vs. LNC — Risk / Return Rank

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

PRU

PRU Risk / Return Rank: 26
PRU Sharpe Ratio Rank: 28
PRU Sortino Ratio Rank: 24
PRU Omega Ratio Rank: 24
PRU Calmar Ratio Rank: 30
PRU Martin Ratio Rank: 26

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

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.

PRU vs. LNC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Prudential Financial, Inc. (PRU) and Lincoln National Corporation (LNC). 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.

	PRU	LNC	Difference
Sharpe ratio Return per unit of total volatility	-0.28	0.07	-0.35
Sortino ratio Return per unit of downside risk	-0.21	0.38	-0.59
Omega ratio Gain probability vs. loss probability	0.97	1.05	-0.08
Calmar ratio Return relative to maximum drawdown	-0.35	0.10	-0.46
Martin ratio Return relative to average drawdown	-0.87	0.26	-1.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PRU vs. LNC - Sharpe Ratio Comparison

The current PRU Sharpe Ratio is -0.28, which is lower than the LNC Sharpe Ratio of 0.07. The chart below compares the historical Sharpe Ratios of PRU and LNC, 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

	PRU	LNC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.28	0.07	-0.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.24	-0.15	+0.39
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.24	0.06	+0.19
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	0.15	+0.05

Correlation

The correlation between PRU and LNC is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

PRU vs. LNC - Dividend Comparison

PRU's dividend yield for the trailing twelve months is around 5.56%, more than LNC's 5.11% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PRU Prudential Financial, Inc.	5.56%	4.78%	4.39%	4.82%	4.83%	4.25%	5.64%	4.27%	4.41%	2.61%	2.69%	3.00%
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%

Drawdowns

PRU vs. LNC - Drawdown Comparison

The maximum PRU drawdown since its inception was -88.53%, roughly equal to the maximum LNC drawdown of -92.87%. Use the drawdown chart below to compare losses from any high point for PRU and LNC.

Drawdown Indicators

	PRU	LNC	Difference
Max Drawdown Largest peak-to-trough decline	-88.53%	-92.87%	+4.34%
Max Drawdown (1Y) Largest decline over 1 year	-21.46%	-29.13%	+7.67%
Max Drawdown (5Y) Largest decline over 5 years	-33.11%	-73.14%	+40.03%
Max Drawdown (10Y) Largest decline over 10 years	-65.89%	-79.19%	+13.30%
Current Drawdown Current decline from peak	-19.34%	-42.52%	+23.18%
Average Drawdown Average peak-to-trough decline	-18.33%	-24.98%	+6.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.75%	11.52%	-2.77%

Volatility

PRU vs. LNC - Volatility Comparison

The current volatility for Prudential Financial, Inc. (PRU) is 6.54%, while Lincoln National Corporation (LNC) has a volatility of 10.22%. This indicates that PRU experiences smaller price fluctuations and is considered to be less risky than LNC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PRU	LNC	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.54%	10.22%	-3.68%
Volatility (6M) Calculated over the trailing 6-month period	16.79%	25.27%	-8.48%
Volatility (1Y) Calculated over the trailing 1-year period	27.14%	40.43%	-13.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.72%	42.99%	-17.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.85%	46.79%	-14.94%

Financials

PRU vs. LNC - Profitability Comparison

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

PRU - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Prudential Financial, Inc. reported a gross profit of 5.54B and revenue of 17.95B. Therefore, the gross margin over that period was 30.9%.

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%.

PRU - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Prudential Financial, Inc. reported an operating income of 1.78B and revenue of 17.95B, resulting in an operating margin of 9.9%.

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%.

PRU - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Prudential Financial, Inc. reported a net income of 1.43B and revenue of 17.95B, resulting in a net margin of 8.0%.

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%.