LOEWS CORP L
Last close
109.30
2026-09-04
Market cap
$22.34B
2026-06-30 share count
52-week range
95.10 - 121.01
Valuation FY2025 figures against the last close
P/S7.0x
P/E13.7x
P/FCF8.3x
EV/EBITDA—
Dividend yield0.2%
Diluted EPS7.97
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.17B | $2.89B | $2.36B | $2.09B | $2.00B | $2.82B | $3.87B | $3.89B | $3.96B | $3.56B |
| Cost of revenue | — | — | — | — | — | — | $1.08B | $923.0M | $299.0M | $271.0M |
| Gross profit | — | — | — | — | — | — | $2.79B | $2.96B | $3.67B | $3.29B |
| Interest expense | $437.0M | $441.0M | $376.0M | $378.0M | $424.0M | $515.0M | $591.0M | $574.0M | $646.0M | $536.0M |
| Pre-tax income | $2.28B | $1.87B | $2.00B | $1.11B | $2.16B | -$1.46B | $1.12B | $834.0M | $1.58B | $936.0M |
| Income tax | $511.0M | $380.0M | $451.0M | $223.0M | $475.0M | $173.0M | $248.0M | $128.0M | $170.0M | $220.0M |
| Net income | $1.67B | $1.41B | $1.43B | $822.0M | $1.56B | -$931.0M | $932.0M | $636.0M | $1.16B | $654.0M |
| EPS, basic | 7.98 | 6.42 | 6.30 | 3.39 | 6.02 | -3.32 | 3.08 | 1.99 | 3.46 | 1.93 |
| EPS, diluted | 7.97 | 6.41 | 6.29 | 3.38 | 6.00 | -3.32 | 3.07 | 1.99 | 3.45 | 1.93 |
| Shares, diluted (wtd. avg.) | $209.1M | $220.5M | $227.8M | $243.3M | $260.2M | $280.3M | $303.4M | $319.9M | $337.5M | $338.3M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $495.0M | $541.0M | $399.0M | $532.0M | $621.0M | $478.0M | $336.0M | $405.0M | $472.0M | $327.0M |
| Short-term investments | $6.04B | $4.61B | $4.40B | $4.85B | $4.86B | $4.67B | $4.63B | $3.87B | $4.65B | $4.76B |
| Property, plant and equipment | $10.70B | $10.74B | $10.72B | $10.03B | $9.89B | $10.45B | $15.57B | $15.51B | $15.43B | $15.23B |
| Goodwill | $349.0M | $347.0M | $347.0M | $346.0M | $349.0M | $785.0M | $767.0M | $665.0M | $659.0M | $346.0M |
| Total assets | $86.35B | $81.94B | $79.20B | $75.57B | $81.63B | $80.24B | $82.24B | $78.32B | $79.59B | $76.59B |
| Long-term debt | — | — | — | — | — | — | — | — | $11.53B | $10.78B |
| Total liabilities | $66.71B | $64.01B | $62.67B | $60.37B | $62.45B | $61.05B | $60.31B | $56.93B | $55.02B | $53.23B |
| Retained earnings | $17.38B | $16.46B | $15.62B | $14.93B | $14.78B | $14.15B | $15.82B | $15.77B | $16.10B | $15.20B |
| Total equity | $18.69B | $17.07B | $16.52B | $15.20B | $17.47B | $16.84B | $21.93B | $21.39B | $24.57B | $23.36B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $3.28B | $3.02B | $3.91B | $3.31B | $2.62B | $1.75B | $1.74B | $4.22B | $2.59B | $2.25B |
| Depreciation and amortisation | $607.0M | $580.0M | $534.0M | $509.0M | $503.0M | $673.0M | $898.0M | $880.0M | $854.0M | $841.0M |
| Capital expenditure | $579.0M | $632.0M | $686.0M | $660.0M | $482.0M | $710.0M | $1.04B | $995.0M | $1.03B | $1.45B |
| Investing cash flow | -$2.83B | -$1.98B | -$2.75B | -$2.35B | -$1.19B | -$1.41B | -$671.0M | -$1.44B | -$2.65B | -$2.19B |
| Financing cash flow | -$513.0M | -$898.0M | -$1.30B | -$1.04B | -$1.29B | -$198.0M | -$1.14B | -$2.83B | $201.0M | -$166.0M |
| Dividends paid | $52.0M | $55.0M | $57.0M | $61.0M | $65.0M | $70.0M | $76.0M | $80.0M | $84.0M | $84.0M |
| Buybacks | $806.0M | $608.0M | $849.0M | $729.0M | $1.14B | $923.0M | $1.05B | $1.03B | $216.0M | $134.0M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000060086-26-000008.
Others in SIC 6331
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|---|---|---|---|---|
| CB | Chubb Ltd | $132.49B | 13.3x | 6.5% |
| PGR | PROGRESSIVE CORP/OH/ | $127.29B | 11.4x | 16.3% |
| TRV | TRAVELERS COMPANIES, INC. | $77.04B | 13.5x | 5.2% |
| ALL | ALLSTATE CORP | $65.63B | 6.8x | 5.6% |
| AIG | AMERICAN INTERNATIONAL GROUP, INC. | $39.85B | 14.0x | -1.7% |
| HIG | HARTFORD INSURANCE GROUP, INC. | $37.48B | 10.4x | 3.3% |
| ACGL | ARCH CAPITAL GROUP LTD. | $33.47B | 8.5x | 14.3% |
| CINF | CINCINNATI FINANCIAL CORP | $26.26B | 11.3x | 11.4% |