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Jackson Financial Inc.（JXN）与LINCOLN NATIONAL CORP（LNC）财务数据对比。点击上方公司名可切换其他公司
LINCOLN NATIONAL CORP的季度营收约是Jackson Financial Inc.的2.5倍（$4.9B vs $2.0B）。LINCOLN NATIONAL CORP净利率更高（15.3% vs -10.3%，领先25.6%）。Jackson Financial Inc.同比增速更快（783.6% vs -2.8%）
本公司是美国大型金融服务企业，旗下子公司面向美国及全球逾40个国家的零售与机构客户，提供保险、退休规划、投资管理等多元产品及服务。2019年为美国最大保险提供商，总资产达8151亿美元，入选《财富》世界500强及美国500强榜单。
林肯国民公司是美国财富200强控股企业，通过旗下多家子公司开展保险、投资管理等多元金融业务，“林肯金融集团”是该公司及其所有子公司共同使用的市场推广品牌名称。
JXN vs LNC — 直观对比
营收规模更大
LNC
是对方的2.5倍
$2.0B
营收增速更快
JXN
高出786.3%
-2.8%
净利率更高
LNC
高出25.6%
-10.3%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $4.9B |
| 净利润 | $-204.0M | $755.0M |
| 毛利率 | — | — |
| 营业利润率 | -18.0% | 18.6% |
| 净利率 | -10.3% | 15.3% |
| 营收同比 | 783.6% | -2.8% |
| 净利润同比 | -159.1% | -55.2% |
| 每股收益（稀释后） | $-3.02 | $4.32 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收JXNLNC
| Q4 25 | $2.0B | $4.9B | ||
| Q3 25 | $1.4B | $4.6B | ||
| Q2 25 | $-471.0M | $4.0B | ||
| Q1 25 | $3.8B | $4.7B | ||
| Q4 24 | $225.0M | $5.1B | ||
| Q3 24 | $2.1B | $4.1B | ||
| Q2 24 | $1.2B | $5.2B | ||
| Q1 24 | $-322.0M | $4.1B |
净利润JXNLNC
| Q4 25 | $-204.0M | $755.0M | ||
| Q3 25 | $76.0M | $445.0M | ||
| Q2 25 | $179.0M | $699.0M | ||
| Q1 25 | $-24.0M | $-722.0M | ||
| Q4 24 | $345.0M | $1.7B | ||
| Q3 24 | $-469.0M | $-528.0M | ||
| Q2 24 | $275.0M | $895.0M | ||
| Q1 24 | $795.0M | $1.2B |
营业利润率JXNLNC
| Q4 25 | -18.0% | 18.6% | ||
| Q3 25 | 5.1% | 11.5% | ||
| Q2 25 | — | 21.0% | ||
| Q1 25 | -0.5% | -20.2% | ||
| Q4 24 | — | 41.5% | ||
| Q3 24 | -27.3% | -17.1% | ||
| Q2 24 | 25.5% | 21.3% | ||
| Q1 24 | — | 37.1% |
净利率JXNLNC
| Q4 25 | -10.3% | 15.3% | ||
| Q3 25 | 5.4% | 9.8% | ||
| Q2 25 | -38.0% | 17.3% | ||
| Q1 25 | -0.6% | -15.4% | ||
| Q4 24 | 153.3% | 33.3% | ||
| Q3 24 | -22.1% | -12.8% | ||
| Q2 24 | 22.1% | 17.4% | ||
| Q1 24 | -246.9% | 29.7% |
每股收益（稀释后）JXNLNC
| Q4 25 | $-3.02 | $4.32 | ||
| Q3 25 | $0.92 | $2.12 | ||
| Q2 25 | $2.34 | $3.80 | ||
| Q1 25 | $-0.48 | $-4.41 | ||
| Q4 24 | $4.74 | $9.66 | ||
| Q3 24 | $-6.37 | $-3.29 | ||
| Q2 24 | $3.43 | $5.11 | ||
| Q1 24 | $9.94 | $6.93 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $5.7B | — |
| 总债务越低越好 | $2.0B | $6.3B |
| 股东权益账面价值 | $10.0B | $10.9B |
| 总资产 | $352.6B | $417.2B |
| 负债/权益比越低杠杆越低 | 0.20× | 0.57× |
8季度趋势，按日历期对齐
现金及短期投资JXNLNC
| Q4 25 | $5.7B | — | ||
| Q3 25 | $4.6B | — | ||
| Q2 25 | $3.8B | — | ||
| Q1 25 | $3.9B | — | ||
| Q4 24 | $3.8B | — | ||
| Q3 24 | $3.1B | — | ||
| Q2 24 | $1.7B | — | ||
| Q1 24 | $2.5B | — |
总债务JXNLNC
| Q4 25 | $2.0B | $6.3B | ||
| Q3 25 | $2.0B | $5.8B | ||
| Q2 25 | $2.0B | $5.8B | ||
| Q1 25 | $2.0B | $5.9B | ||
| Q4 24 | $2.0B | $6.1B | ||
| Q3 24 | $2.0B | $5.9B | ||
| Q2 24 | $2.0B | $5.7B | ||
| Q1 24 | $2.0B | $5.7B |
股东权益JXNLNC
| Q4 25 | $10.0B | $10.9B | ||
| Q3 25 | $10.2B | $10.5B | ||
| Q2 25 | $10.4B | $9.5B | ||
| Q1 25 | $10.3B | $8.2B | ||
| Q4 24 | $9.8B | $8.3B | ||
| Q3 24 | $10.7B | $9.0B | ||
| Q2 24 | $10.1B | $7.9B | ||
| Q1 24 | $10.2B | $7.5B |
总资产JXNLNC
| Q4 25 | $352.6B | $417.2B | ||
| Q3 25 | $353.6B | $415.3B | ||
| Q2 25 | $343.7B | $399.1B | ||
| Q1 25 | $327.2B | $382.9B | ||
| Q4 24 | $338.4B | $390.8B | ||
| Q3 24 | $345.7B | $396.8B | ||
| Q2 24 | $337.8B | $384.5B | ||
| Q1 24 | $340.3B | $383.4B |
负债/权益比JXNLNC
| Q4 25 | 0.20× | 0.57× | ||
| Q3 25 | 0.20× | 0.55× | ||
| Q2 25 | 0.20× | 0.60× | ||
| Q1 25 | 0.20× | 0.72× | ||
| Q4 24 | 0.21× | 0.74× | ||
| Q3 24 | 0.19× | 0.65× | ||
| Q2 24 | 0.20× | 0.72× | ||
| Q1 24 | 0.20× | 0.76× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $1.6B | $233.0M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 0.31× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流JXNLNC
| Q4 25 | $1.6B | $233.0M | ||
| Q3 25 | $1.4B | $-1.1B | ||
| Q2 25 | $1.2B | $1.0B | ||
| Q1 25 | $1.6B | $-272.0M | ||
| Q4 24 | $1.5B | $222.0M | ||
| Q3 24 | $1.4B | $-27.0M | ||
| Q2 24 | $1.5B | $-859.0M | ||
| Q1 24 | $1.4B | $-1.3B |
现金转化率JXNLNC
| Q4 25 | — | 0.31× | ||
| Q3 25 | 18.03× | -2.56× | ||
| Q2 25 | 6.55× | 1.45× | ||
| Q1 25 | — | — | ||
| Q4 24 | 4.42× | 0.13× | ||
| Q3 24 | — | — | ||
| Q2 24 | 5.37× | -0.96× | ||
| Q1 24 | 1.79× | -1.10× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
JXN
| Retail Annuities Segment | $1.5B | 74% |
| Closed Life And Annuity Blocks Segment | $298.0M | 15% |
| Institutional Products Segment | $146.0M | 7% |
| Other | $70.0M | 4% |
LNC
| Life Segment | $1.6B | 33% |
| Group Protection Segment | $1.5B | 31% |
| Annuities Segment | $1.3B | 27% |
| Other | $435.0M | 9% |
