LINCOLN NATIONAL CORP
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $14.26B | $13.33B | $13.57B | $13.55B | $11.97B | $11.54B | $10.64B | $10.42B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $1.77B | $1.69B | $1.70B | $1.64B | $1.63B | $1.56B | $1.42B | $1.41B |
| Operating Income | $1.38B | $1.79B | $1.70B | $2.26B | $1.90B | $1.84B | $797.0M | $1.14B |
| Operating Margin | 9.7% | 13.4% | 12.5% | 16.7% | 15.8% | 16.0% | 7.5% | 10.9% |
| Interest Expense | $253.0M | $331.0M | $272.0M | $267.0M | $265.0M | $273.0M | $294.0M | — |
| Pretax Income | $1.13B | $1.46B | $1.43B | $2.00B | $1.63B | $1.57B | $503.0M | $1.14B |
| Income Tax Expense | $-949.0M | $266.0M | $276.0M | $483.0M | $387.0M | $282.0M | $274.0M | $262.0M |
| Net Income | $2.08B | $1.19B | $1.15B | $1.52B | $1.24B | $1.31B | $221.0M | $902.0M |
| Net Margin | 14.6% | 8.9% | 8.5% | 11.2% | 10.4% | 11.4% | 2.1% | 8.7% |
| EPS (Basic) | $9.36 | $5.09 | $4.60 | $5.81 | $4.68 | $4.68 | $0.72 | $2.37 |
| EPS (Diluted) | $9.22 | $5.03 | $4.51 | $5.67 | $4.52 | $4.56 | $0.69 | $2.30 |
| Shares Outstanding (Basic) | 222.1M | 234.2M | 250.6M | 260.9M | 265.6M | 280.6M | 307.2M | 310.0M |
| Shares Outstanding (Diluted) | 226.2M | 236.8M | 254.9M | 268.0M | 275.1M | 287.6M | 315.0M | 319.2M |
| Dividends Per Share | $1.20 | $1.04 | $0.85 | $0.68 | $0.52 | $0.36 | $0.23 | $0.08 |