L
Loews Corp
NYSE: L · FINANCIAL SERVICES · INSURANCE - PROPERTY & CASUALTY
$111.21
-1.03% today
Updated 2026-04-29
Market cap
$22.88B
P/E ratio
13.95
P/S ratio
1.24x
EPS (TTM)
$7.97
Dividend yield
0.22%
52W range
$85 – $115
Volume
0.6M
Loews Corp (L) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $17.91B | $14.30B | $13.25B | $14.12B | $14.62B | $14.13B | $14.07B | $14.61B | $14.32B | $13.41B | $13.11B | $13.73B | $14.04B | $14.73B | $13.67B | $13.73B | $14.05B | $15.68B | $17.24B | $18.18B |
| Revenue growth (YoY) | — | -20.1% | -7.4% | +6.6% | +3.5% | -3.3% | -0.4% | +3.8% | -2.0% | -6.4% | -2.3% | +4.8% | +2.2% | +4.9% | -7.2% | +0.4% | +2.4% | +11.6% | +10.0% | +5.4% |
| Cost of revenue | $7.58B | $7.53B | $11.14B | $6.71B | $6.15B | $6.67B | $7.00B | $7.17B | $6.91B | $6.92B | $6.52B | $6.54B | $6.91B | $7.19B | $7.58B | $7.81B | $8.14B | $8.71B | $9.54B | $10.19B |
| Gross profit | $10.33B | $6.77B | $13.25B | $7.41B | $8.46B | $7.46B | $7.07B | $7.45B | $7.42B | $6.49B | $6.59B | $7.19B | $7.14B | $7.54B | $6.09B | $5.91B | $5.91B | $6.97B | $7.70B | $7.98B |
| Gross margin | 57.7% | 47.4% | 100.0% | 52.5% | 57.9% | 52.8% | 50.2% | 50.9% | 51.8% | 48.4% | 50.3% | 52.4% | 50.8% | 51.2% | 44.5% | 43.1% | 42.0% | 44.4% | 44.7% | 43.9% |
| R&D | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | — | — | — | $0.00 | $0.00 | $0.00 | $4.01B | $0.00 | $0.00 | $4.16B | $4.16B | $4.67B | $4.81B | $4.85B | — | — | — | — | — | — |
| Operating income | $4.47B | $3.19B | $4.88B | $1.73B | $2.90B | $2.23B | $2.02B | $2.28B | $1.81B | $244.00M | $936.00M | $1.58B | $834.00M | $1.12B | $-1.46B | $2.16B | $1.11B | $2.00B | $1.87B | $2.28B |
| Operating margin | 25.0% | 22.3% | 36.9% | 12.3% | 19.9% | 15.8% | 14.4% | 15.6% | 12.6% | 1.8% | 7.1% | 11.5% | 5.9% | 7.6% | -10.7% | 15.7% | 7.9% | 12.7% | 10.9% | 12.6% |
| EBITDA | $4.77B | $3.72B | $1.62B | $2.96B | $4.24B | $3.58B | $3.35B | $3.57B | $3.21B | $1.72B | $2.31B | $3.10B | $2.32B | $2.65B | $-215.00M | $3.10B | $2.00B | $2.91B | $2.90B | $3.33B |
| EBITDA margin | 26.6% | 26.0% | 12.3% | 21.0% | 29.0% | 25.3% | 23.8% | 24.5% | 22.4% | 12.8% | 17.6% | 22.6% | 16.5% | 18.0% | -1.6% | 22.6% | 14.2% | 18.6% | 16.8% | 18.3% |
| EBIT | $4.78B | $3.51B | $932.00M | $2.18B | $3.42B | $2.75B | $2.45B | $2.70B | $2.31B | $764.00M | $1.47B | $2.23B | $1.41B | $1.71B | $-949.00M | $2.58B | $1.49B | $2.37B | $2.31B | $2.72B |
| Interest expense | $304.10M | $318.00M | $345.00M | $448.00M | $517.00M | $522.00M | $426.00M | $425.00M | $498.00M | $520.00M | $536.00M | $646.00M | $574.00M | $591.00M | $515.00M | $424.00M | $378.00M | $376.00M | $441.00M | $437.00M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $2.49B | $2.49B | $4.53B | $564.00M | $1.29B | $1.06B | $568.00M | $595.00M | $591.00M | $260.00M | $654.00M | $1.16B | $636.00M | $932.00M | $-931.00M | $1.56B | $822.00M | $1.43B | $1.41B | $1.67B |
| Net income growth (YoY) | — | -0.1% | +82.0% | -87.5% | +128.5% | -17.6% | -46.5% | +4.8% | -0.7% | -56.0% | +151.5% | +78.0% | -45.4% | +46.5% | -199.9% | +267.8% | -47.4% | +74.5% | -1.4% | +17.9% |
| Profit margin | 13.9% | 17.4% | 34.2% | 4.0% | 8.8% | 7.5% | 4.0% | 4.1% | 4.1% | 1.9% | 5.0% | 8.5% | 4.5% | 6.3% | -6.8% | 11.4% | 5.9% | 9.1% | 8.2% | 9.2% |