Lincoln National (LNC) vs Primerica (PRI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Lincoln National (LNC) has outperformed Primerica (PRI) over the past year, gaining 2.3% versus a gain of 0.2%. Over five years, PRI leads with a +64.0% price change compared with -43.3% for LNC. Primerica is the larger company by market cap ($8.39 billion vs $7.82 billion), about 1.1 times the size.
On valuation, Lincoln National trades at a lower forward P/E (4.7x vs 10.0x for Primerica). Lincoln National offers the higher dividend yield (4.40% vs 1.70%). Primerica converts more of its revenue into profit, with a net margin of 22.8% versus 6.5%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | LNC | PRI |
|---|---|---|
| Share price | $40.87 | $272.47 |
| Market cap | $7.82B | $8.39B |
| 1-day change | -0.32% | -0.34% |
| YTD return | -7.93% | +5.83% |
| 1-year return | +2.35% | +0.17% |
| 5-year return | -43.29% | +64.02% |
| P/E ratio (TTM) | 3.48 | 10.94 |
| Forward P/E | 4.66 | 10.03 |
| EPS (TTM) | $11.73 | $24.90 |
| Dividend yield | 4.40% | 1.70% |
| Annual dividend | $1.80 | $4.64 |
| Revenue (latest FY) | $18.21B | $3.29B |
| Revenue growth (YoY) | -1.25% | +6.56% |
| Net income (latest FY) | $1.18B | $751.23M |
| Net margin | 6.46% | 22.82% |
| 52-week high | $47.67 | $327.28 |
| 52-week low | $32.18 | $230.09 |
| Distance from 52-week high | -14.26% | -16.75% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +17.64% | +19.10% |
| Average volume | 2.04M | 184.88K |
| Shares outstanding | 191.45M | 30.78M |
| Employees | 9,423 | 2,301 |
| Sector | Finance | Finance |
| Industry | Life Insurance | Life Insurance |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Primerica trades at a higher earnings multiple (10.9x vs 3.5x trailing P/E).
- Lincoln National offers a meaningfully higher dividend yield (4.40% vs 1.70%).
- Primerica is more profitable, keeping 22.8 cents of every revenue dollar as net income versus 6.5 cents for Lincoln National.
- Primerica grew revenue faster in its latest fiscal year (+6.56% vs -1.25%).
About Lincoln National
LNC stock →Lincoln National Corporation, through its subsidiaries, operates multiple insurance and retirement businesses in the United States. It operates through four segments: Life Insurance, Annuities, Group Protection, and Retirement Plan Services.
Finance · Life Insurance · 9,423 employees
About Primerica
PRI stock →Primerica, Inc., together with its subsidiaries, provides financial products and services to middle-income households in the United States and Canada. It operates in three segments: Term Life Insurance; Investment and Savings Products; and Corporate and Other Distributed Products.
Finance · Life Insurance · 2,301 employees
LNC vs PRI FAQ
Which is bigger, Lincoln National or Primerica?
Primerica (PRI) is larger, with a market capitalization of $8.39B compared with $7.82B for Lincoln National (LNC).
Which stock has performed better over the past year, LNC or PRI?
LNC returned +2.35% over the past 12 months, compared with +0.17% for PRI (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, LNC or PRI?
LNC has the lower trailing P/E at 3.5, versus 10.9 for PRI. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Lincoln National or Primerica?
Lincoln National has the higher yield at 4.40%, compared with 1.70% for Primerica.
Are Lincoln National and Primerica in the same industry?
Yes. Both are classified in the Life Insurance industry within the Finance sector.