LOEWS CORP L

Financials SIC 6331 - Fire, Marine & Casualty Insurance NAICS Finance and Insurance › Insurance Carriers and Related Activities › Insurance Carriers › Direct Insurance (except Life, Health, and Medical) Carriers › Direct Property and Casualty Insurance Carriers derived NYSE

Last close 112.01 2026-10-23

Market cap $22.90B 2026-06-30 share count

52-week range 97.38 - 121.01

Valuation FY2025 figures against the last close

P/S7.2x

P/E14.1x

P/FCF8.5x

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.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)

Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity

Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks

Revenue
Gross profit
Net income

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$3.56B	$3.96B	$3.89B	$3.87B	$2.82B	$2.00B	$2.09B	$2.36B	$2.89B	$3.17B
Gross profit	$3.29B	$3.67B	$2.96B	$2.79B	—	—	—	—	—	—
Net income	$654.0M	$1.16B	$636.0M	$932.0M	-$931.0M	$1.56B	$822.0M	$1.43B	$1.41B	$1.67B

Recent filings and events

2026-08-03 Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
2026-05-12 Shareholder vote The results of the annual meeting or a special vote. Item 5.07
2026-05-04 Results announced Item 2.02
2026-02-18 Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
2026-02-10 Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
2026-02-09 Results announced Item 2.02
2025-12-05 Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
2025-11-03 Results announced Item 2.02
2025-11-03 Officer or director change Item 5.02
2025-08-05 Officer or director change Item 5.02
2025-08-04 Results announced Item 2.02
2025-06-04 Officer or director change Item 5.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 6331

Ticker	Company	Market cap	P/E	Revenue growth
CB	Chubb Ltd	$137.73B	13.8x	6.5%
PGR	PROGRESSIVE CORP/OH/	$132.59B	11.9x	16.3%
TRV	TRAVELERS COMPANIES, INC.	$83.07B	14.5x	5.2%
ALL	ALLSTATE CORP	$64.02B	6.7x	5.6%
AIG	AMERICAN INTERNATIONAL GROUP, INC.	$42.49B	15.0x	-1.7%
HIG	HARTFORD INSURANCE GROUP, INC.	$37.04B	10.3x	3.3%
ACGL	ARCH CAPITAL GROUP LTD.	$34.70B	8.8x	14.3%
WRB	BERKLEY W R CORP	$27.22B	16.5x	9.9%