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Loews Corporation

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Loews Corporation • NYSE
$107.87 ▼ -0.36% (-0.39)
Market Cap $22.29 B
52w High $109.06
52w Low $78.98
Dividend Yield 0.25%
P/E 15.63
Volume 424.32K
Outstanding Shares 206.66M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $4.603B ▲ $1.399B ▲ $504M ▲ 10.949% ▲ $2.43 ▲ $801M ▲
Q2-2025 $4.474B ▲ $1.381B ▼ $391M ▲ 8.739% ▲ $1.87 ▲ $646M ▲
Q1-2025 $4.438B ▼ $1.426B ▼ $370M ▲ 8.337% ▲ $1.74 ▲ $619M ▲
Q4-2024 $4.47B ▲ $1.79B ▲ $187M ▼ 4.183% ▼ $0.86 ▼ $298M ▼
Q3-2024 $4.399B $1.373B $401M 9.116% $1.83 $550M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $7.217B ▲ $85.941B ▲ $66.718B ▲ $18.292B ▲
Q2-2025 $6.51B ▼ $84.668B ▲ $66.279B ▲ $17.514B ▲
Q1-2025 $6.74B ▼ $83.142B ▲ $65.108B ▲ $17.191B ▲
Q4-2024 $6.9B ▼ $81.943B ▼ $64.006B ▼ $17.066B ▼
Q3-2024 $7.355B $83.617B $65.369B $17.357B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $524M ▲ $1.107B ▲ $-1.204B ▼ $408M ▲ $120M ▲ $1.018B ▲
Q2-2025 $416M ▲ $1.006B ▲ $-809M ▼ $-322M ▲ $-113M ▼ $872M ▲
Q1-2025 $370M ▲ $736M ▼ $-204M ▼ $-520M ▲ $19M ▲ $638M ▼
Q4-2024 $189M ▼ $941M ▲ $41M ▲ $-976M ▼ $-7M ▼ $767M ▼
Q3-2024 $425M $934M $-740M $-122M $78M $794M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Boardwalk Pipeline
Boardwalk Pipeline
 $580.00M ▲$620.00M ▲$540.00M ▼$5.70Bn ▲
CNA Financial Corporation
CNA Financial Corporation
 $3.69Bn ▲$3.63Bn ▼$3.72Bn ▲$3.82Bn ▲
Loews Hotels
Loews Hotels
 $240.00M ▲$240.00M ▲$250.00M ▲$210.00M ▼

Five-Year Company Overview

Income Statement

Income Statement Loews has grown its revenue at a steady pace over the past few years, while also shifting from a loss during the pandemic period to solid profitability more recently. Operating profits have generally improved, showing better efficiency and cost control across its businesses. Earnings did dip in 2022 but have recovered and now sit at a healthy level, with profits spread across insurance, pipelines, hotels, and packaging. One thing to keep in mind is that results can still be somewhat uneven year to year, especially because insurance claims, energy markets, and hotel demand can all be cyclical and event-driven.

Balance Sheet

Balance Sheet The balance sheet looks conservative and resilient. Total assets have stayed fairly stable over time, suggesting no aggressive, high-risk expansion. Debt is meaningful but manageable, and it has slowly edged down, while shareholders’ equity has been rebuilding and growing. Cash on hand is not huge, but combined with recurring cash generation and valuable infrastructure assets, it provides a comfortable cushion. Overall, financial leverage appears reasonable for a diversified holding company with capital-heavy businesses like pipelines and hotels.

Cash Flow

Cash Flow Cash generation is a clear strength. Operating cash flow has improved significantly from the pandemic years and has remained consistently positive. After funding a relatively modest and steady level of capital spending, the company still produces solid free cash flow, giving it flexibility for debt reduction, share repurchases, or investments in its subsidiaries. The pattern suggests disciplined spending and a focus on keeping cash flows robust rather than chasing risky, cash-hungry growth projects.

Competitive Edge

Competitive Edge Loews’ main advantage is its diversification across insurance, energy infrastructure, hotels, and packaging. CNA gives it scale and expertise in specialized commercial insurance, where relationships, risk know‑how, and data all matter. Boardwalk Pipelines benefits from hard-to-replicate pipeline and storage networks, which create high barriers to entry. Loews Hotels competes on service, location, and partnerships, especially in entertainment and resort destinations. Altium Packaging adds a steady, more industrial business focused on long-term customer contracts. The flip side is complexity: the mix of different industries can make the overall story harder to value, and each segment faces its own competitive pressures and regulatory risks.

Innovation and R&D

Innovation and R&D Loews is not a classic tech or pharma innovator, but it invests in practical, applied innovation inside each business. CNA is modernizing its systems, using data analytics and digital tools to sharpen underwriting and claims handling. Boardwalk is leaning on advanced monitoring and predictive technologies to run pipelines more safely and efficiently. Loews Hotels is adding guest-facing technology and more personalized experiences to stand out in a crowded hospitality market. Altium focuses on sustainable packaging, lighter materials, and higher recycled content, which aligns with customers’ environmental goals. The overall innovation strategy is about steady improvement and differentiation rather than headline-grabbing breakthroughs.

Summary

Loews looks like a financially sound, diversified holding company that has moved from pandemic-era losses back to consistent profits and solid cash generation. Its mix of insurance, pipelines, hotels, and packaging spreads risk across different cycles and provides multiple levers for growth. The balance sheet is sturdy, leverage is moderate, and capital spending is disciplined, which supports resilience through downturns. Key things to watch include the insurance underwriting cycle, energy demand and regulation affecting pipelines, travel and leisure trends for hotels, and ongoing pressure for sustainable packaging. Execution at the subsidiary level and smart capital allocation at the parent level will largely determine how much value this diversified structure can continue to deliver over time.

NEWS

November 11, 2025 · 11:19 AM UTC

LOEWS CORPORATION ANNOUNCES QUARTERLY DIVIDEND ON COMMON STOCK

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November 3, 2025 · 6:36 AM UTC

Loews Corporation Elects Dino Robusto to Its Board of Directors

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November 3, 2025 · 6:00 AM UTC

LOEWS CORPORATION REPORTS NET INCOME OF $504 MILLION FOR THE THIRD QUARTER OF 2025

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October 14, 2025 · 10:00 AM UTC

Loews Corporation to Release Third Quarter 2025 Results on November 3, 2025

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