Annual Income Statements for Loews
This table shows Loews' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for Loews
This table shows Loews' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Net Income / (Loss) Attributable to Common Shareholders |
|
-22 |
355 |
375 |
360 |
253 |
446 |
457 |
369 |
401 |
187 |
370 |
Consolidated Net Income / (Loss) |
|
-27 |
379 |
404 |
388 |
276 |
477 |
485 |
395 |
425 |
189 |
392 |
Net Income / (Loss) Continuing Operations |
|
-27 |
379 |
404 |
388 |
276 |
477 |
485 |
395 |
425 |
189 |
392 |
Total Pre-Tax Income |
|
-25 |
465 |
519 |
508 |
356 |
613 |
629 |
507 |
550 |
188 |
514 |
Total Revenue |
|
3,369 |
3,699 |
3,688 |
3,843 |
3,832 |
4,162 |
4,128 |
4,153 |
4,352 |
4,436 |
4,389 |
Net Interest Income / (Expense) |
|
-92 |
-94 |
-95 |
-91 |
-94 |
-96 |
-103 |
-114 |
-114 |
-110 |
-105 |
Total Interest Income |
|
0.00 |
- |
0.00 |
0.00 |
0.00 |
- |
0.00 |
0.00 |
0.00 |
- |
0.00 |
Total Interest Expense |
|
92 |
94 |
95 |
91 |
94 |
96 |
103 |
114 |
114 |
110 |
105 |
Long-Term Debt Interest Expense |
|
92 |
94 |
95 |
91 |
94 |
96 |
103 |
114 |
114 |
110 |
105 |
Total Non-Interest Income |
|
3,461 |
3,793 |
3,783 |
3,934 |
3,926 |
4,258 |
4,231 |
4,267 |
4,466 |
4,546 |
4,494 |
Other Service Charges |
|
533 |
593 |
594 |
574 |
559 |
728 |
736 |
736 |
706 |
813 |
872 |
Net Realized & Unrealized Capital Gains on Investments |
|
308 |
567 |
534 |
606 |
554 |
648 |
647 |
629 |
766 |
657 |
599 |
Premiums Earned |
|
2,221 |
2,232 |
2,248 |
2,347 |
2,406 |
2,479 |
2,441 |
2,498 |
2,593 |
2,679 |
2,626 |
Other Non-Interest Income |
|
- |
- |
- |
- |
- |
- |
- |
- |
401 |
- |
397 |
Total Non-Interest Expense |
|
3,394 |
3,234 |
3,169 |
3,335 |
3,476 |
3,549 |
3,499 |
3,646 |
3,802 |
4,248 |
3,875 |
Net Occupancy & Equipment Expense |
|
-35 |
-28 |
-28 |
-39 |
-22 |
-31 |
-26 |
-27 |
9.00 |
-14 |
1.00 |
Property & Liability Insurance Claims |
|
1,880 |
1,694 |
1,653 |
1,779 |
1,826 |
1,810 |
1,807 |
1,882 |
2,019 |
2,030 |
2,027 |
Other Operating Expenses |
|
1,166 |
1,179 |
1,165 |
1,192 |
1,246 |
1,334 |
1,274 |
1,356 |
1,317 |
1,770 |
1,376 |
Amortization Expense |
|
383 |
389 |
379 |
403 |
426 |
436 |
444 |
435 |
457 |
462 |
471 |
Income Tax Expense |
|
2.00 |
86 |
115 |
120 |
80 |
136 |
144 |
112 |
125 |
-1.00 |
122 |
Net Income / (Loss) Attributable to Noncontrolling Interest |
|
-5.00 |
24 |
29 |
28 |
23 |
31 |
28 |
26 |
24 |
2.00 |
22 |
Basic Earnings per Share |
|
($0.09) |
$1.50 |
$1.61 |
$1.58 |
$1.12 |
$1.99 |
$2.05 |
$1.67 |
$1.83 |
$0.87 |
$1.74 |
Weighted Average Basic Shares Outstanding |
|
240.37M |
242.83M |
233.30M |
227.69M |
225.64M |
227.48M |
222.47M |
221.35M |
219.67M |
220.26M |
212.45M |
Diluted Earnings per Share |
|
($0.09) |
$1.50 |
$1.61 |
$1.58 |
$1.12 |
$1.98 |
$2.05 |
$1.67 |
$1.82 |
$0.87 |
$1.74 |
Weighted Average Diluted Shares Outstanding |
|
240.76M |
243.28M |
233.62M |
227.97M |
225.99M |
227.81M |
222.78M |
221.60M |
219.94M |
220.53M |
212.60M |
Weighted Average Basic & Diluted Shares Outstanding |
|
237.43M |
235.00M |
227.90M |
225.51M |
223.25M |
222.20M |
221.41M |
219.52M |
217.78M |
212.86M |
209.70M |
Cash Dividends to Common per Share |
|
$0.06 |
- |
$0.06 |
$0.06 |
$0.06 |
- |
$0.06 |
$0.06 |
$0.06 |
- |
$0.06 |
Annual Cash Flow Statements for Loews
This table details how cash moves in and out of Loews' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Net Change in Cash & Equivalents |
|
76 |
-113 |
145 |
-57 |
-69 |
142 |
143 |
-89 |
-133 |
142 |
Net Cash From Operating Activities |
|
3,547 |
2,253 |
2,590 |
4,222 |
1,741 |
1,745 |
2,623 |
3,314 |
3,907 |
3,025 |
Net Cash From Continuing Operating Activities |
|
3,547 |
2,253 |
2,590 |
4,222 |
1,741 |
1,745 |
2,623 |
3,314 |
3,907 |
3,025 |
Net Income / (Loss) Continuing Operations |
|
287 |
716 |
1,412 |
706 |
871 |
-1,291 |
1,685 |
891 |
1,545 |
1,494 |
Consolidated Net Income / (Loss) |
|
287 |
716 |
1,412 |
706 |
871 |
-1,291 |
1,685 |
891 |
1,545 |
1,494 |
Depreciation Expense |
|
955 |
841 |
874 |
912 |
943 |
734 |
515 |
509 |
538 |
583 |
Amortization Expense |
|
17 |
-27 |
-40 |
-70 |
-89 |
-67 |
-81 |
-129 |
-191 |
-200 |
Non-Cash Adjustments to Reconcile Net Income |
|
1,018 |
1,043 |
126 |
745 |
227 |
1,984 |
-444 |
475 |
307 |
68 |
Changes in Operating Assets and Liabilities, net |
|
1,270 |
-320 |
218 |
1,929 |
-211 |
385 |
948 |
1,568 |
1,708 |
1,080 |
Net Cash From Investing Activities |
|
-1,935 |
-2,187 |
-2,655 |
-1,444 |
-671 |
-1,414 |
-1,187 |
-2,347 |
-2,745 |
-1,975 |
Net Cash From Continuing Investing Activities |
|
-1,935 |
-2,187 |
-2,655 |
-1,444 |
-671 |
-1,414 |
-1,187 |
-2,347 |
-2,745 |
-1,975 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-1,555 |
-1,450 |
-1,031 |
-995 |
-1,041 |
-710 |
-482 |
-660 |
-686 |
-632 |
Purchase of Investment Securities |
|
-9,072 |
-9,945 |
-10,994 |
-11,463 |
-9,508 |
-11,130 |
-10,192 |
-10,650 |
-7,792 |
-7,146 |
Sale and/or Maturity of Investments |
|
8,692 |
9,208 |
9,370 |
11,337 |
9,935 |
10,482 |
9,487 |
8,963 |
5,733 |
5,803 |
Net Cash From Financing Activities |
|
-1,525 |
-166 |
201 |
-2,835 |
-1,144 |
-198 |
-1,289 |
-1,037 |
-1,300 |
-898 |
Net Cash From Continuing Financing Activities |
|
-1,525 |
-166 |
201 |
-2,835 |
-1,144 |
-198 |
-1,289 |
-1,037 |
-1,300 |
-898 |
Issuance of Debt |
|
1,828 |
3,614 |
3,067 |
939 |
2,076 |
2,659 |
1,199 |
573 |
778 |
1,294 |
Repayment of Debt |
|
-1,929 |
-3,418 |
-2,411 |
-1,043 |
-1,956 |
-1,726 |
-1,193 |
-640 |
-878 |
-1,366 |
Repurchase of Common Equity |
|
-1,265 |
-134 |
-216 |
-1,026 |
-1,051 |
-923 |
-1,136 |
-729 |
-849 |
-608 |
Payment of Dividends |
|
-255 |
-218 |
-223 |
-201 |
-174 |
-169 |
-129 |
-159 |
-131 |
-140 |
Other Financing Activities, Net |
|
89 |
-10 |
-16 |
-1,504 |
-39 |
-39 |
-30 |
-82 |
-220 |
-78 |
Effect of Exchange Rate Changes |
|
- |
-13 |
9.00 |
- |
5.00 |
9.00 |
-4.00 |
-19 |
5.00 |
-10 |
Quarterly Cash Flow Statements for Loews
This table details how cash moves in and out of Loews' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Net Change in Cash & Equivalents |
|
-65 |
-354 |
62 |
-131 |
299 |
-363 |
157 |
-86 |
78 |
-7.00 |
19 |
Net Cash From Operating Activities |
|
1,246 |
622 |
719 |
1,434 |
1,277 |
477 |
198 |
952 |
934 |
941 |
736 |
Net Cash From Continuing Operating Activities |
|
1,246 |
622 |
719 |
1,434 |
1,277 |
477 |
198 |
952 |
934 |
941 |
736 |
Net Income / (Loss) Continuing Operations |
|
-27 |
379 |
404 |
388 |
276 |
477 |
485 |
395 |
425 |
189 |
392 |
Consolidated Net Income / (Loss) |
|
-27 |
379 |
404 |
388 |
276 |
477 |
485 |
395 |
425 |
189 |
392 |
Non-Cash Adjustments to Reconcile Net Income |
|
229 |
-251 |
204 |
96 |
219 |
-212 |
175 |
75 |
175 |
-357 |
180 |
Changes in Operating Assets and Liabilities, net |
|
1,044 |
114 |
111 |
950 |
782 |
-135 |
-462 |
482 |
334 |
726 |
164 |
Net Cash From Investing Activities |
|
-993 |
-568 |
-134 |
-1,333 |
-786 |
-492 |
-1,026 |
-250 |
-740 |
41 |
-204 |
Net Cash From Continuing Investing Activities |
|
-993 |
-568 |
-134 |
-1,333 |
-786 |
-492 |
-1,026 |
-250 |
-740 |
41 |
-204 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-125 |
-223 |
-159 |
-140 |
-164 |
-223 |
-159 |
-159 |
-140 |
-174 |
-98 |
Purchase of Investment Securities |
|
-2,980 |
-1,861 |
-1,843 |
-2,476 |
-2,112 |
-1,361 |
-2,332 |
-1,687 |
-2,086 |
-1,041 |
-1,692 |
Sale and/or Maturity of Investments |
|
2,112 |
1,516 |
1,868 |
1,283 |
1,490 |
1,092 |
1,465 |
1,596 |
1,486 |
1,256 |
1,586 |
Net Cash From Financing Activities |
|
-303 |
-416 |
-524 |
-235 |
-188 |
-353 |
987 |
-787 |
-122 |
-976 |
-520 |
Net Cash From Continuing Financing Activities |
|
-303 |
-416 |
-524 |
-235 |
-188 |
-353 |
987 |
-787 |
-122 |
-976 |
-520 |
Issuance of Debt |
|
34 |
41 |
37 |
426 |
130 |
185 |
1,299 |
24 |
-39 |
10 |
0.00 |
Repayment of Debt |
|
-26 |
-313 |
-1.00 |
-501 |
-1.00 |
-375 |
-201 |
-561 |
-1.00 |
-603 |
-1.00 |
Repurchase of Common Equity |
|
-231 |
-118 |
-462 |
-131 |
-116 |
-140 |
-24 |
-179 |
-59 |
-346 |
-394 |
Payment of Dividends |
|
-23 |
-26 |
-59 |
-25 |
-24 |
-23 |
-70 |
-23 |
-24 |
-23 |
-68 |
Other Financing Activities, Net |
|
-57 |
- |
-39 |
-4.00 |
-177 |
- |
-17 |
-48 |
1.00 |
-14 |
-57 |
Effect of Exchange Rate Changes |
|
-15 |
8.00 |
1.00 |
3.00 |
-4.00 |
5.00 |
-2.00 |
-1.00 |
6.00 |
-13 |
7.00 |
Annual Balance Sheets for Loews
This table presents Loews' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Total Assets |
|
76,006 |
76,594 |
79,586 |
78,316 |
82,243 |
80,236 |
81,626 |
75,567 |
79,197 |
81,943 |
Cash and Due from Banks |
|
440 |
327 |
472 |
405 |
336 |
478 |
621 |
532 |
399 |
541 |
Trading Account Securities |
|
40,453 |
42,043 |
43,357 |
40,992 |
48,174 |
50,881 |
6,534 |
43,690 |
46,072 |
5,670 |
Loans and Leases, Net of Allowance |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Premises and Equipment, Net |
|
15,477 |
15,230 |
15,427 |
15,511 |
15,568 |
10,451 |
9,888 |
10,027 |
10,718 |
10,738 |
Deferred Acquisition Cost |
|
598 |
600 |
846 |
633 |
662 |
708 |
737 |
806 |
896 |
4,484 |
Goodwill |
|
351 |
346 |
659 |
665 |
767 |
785 |
349 |
346 |
347 |
347 |
Other Assets |
|
10,646 |
10,404 |
11,212 |
12,150 |
16,736 |
16,933 |
63,497 |
20,166 |
20,765 |
60,163 |
Total Liabilities & Shareholders' Equity |
|
76,006 |
76,594 |
79,586 |
78,316 |
82,243 |
80,236 |
81,626 |
75,567 |
79,197 |
81,943 |
Total Liabilities |
|
53,196 |
53,233 |
55,020 |
56,930 |
60,313 |
61,055 |
62,451 |
60,366 |
62,672 |
64,006 |
Short-Term Debt |
|
1,607 |
260 |
340 |
59 |
185 |
129 |
183 |
987 |
1,163 |
115 |
Long-Term Debt |
|
9,520 |
10,668 |
11,253 |
11,359 |
11,456 |
10,072 |
8,986 |
8,165 |
7,919 |
8,939 |
Claims and Claim Expense |
|
22,663 |
22,343 |
22,004 |
21,984 |
21,720 |
22,706 |
24,174 |
22,120 |
23,304 |
24,976 |
Future Policy Benefits |
|
10,152 |
10,326 |
11,179 |
10,597 |
12,311 |
13,318 |
13,236 |
13,480 |
13,959 |
13,158 |
Unearned Premiums Liability |
|
3,671 |
3,762 |
4,029 |
4,183 |
4,583 |
5,119 |
5,761 |
6,374 |
6,933 |
7,346 |
Other Long-Term Liabilities |
|
5,583 |
5,874 |
6,215 |
8,748 |
10,058 |
9,711 |
10,111 |
9,240 |
9,394 |
9,472 |
Commitments & Contingencies |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Equity & Noncontrolling Interests |
|
22,810 |
23,361 |
24,566 |
21,386 |
21,930 |
19,181 |
19,175 |
15,201 |
16,525 |
17,937 |
Total Preferred & Common Equity |
|
17,561 |
18,163 |
19,204 |
18,518 |
19,119 |
17,860 |
17,846 |
14,349 |
15,704 |
17,066 |
Preferred Stock |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Common Equity |
|
17,561 |
18,163 |
19,204 |
18,518 |
19,119 |
17,860 |
17,846 |
14,349 |
15,704 |
17,066 |
Common Stock |
|
3,187 |
3,190 |
3,154 |
3,630 |
3,377 |
3,136 |
2,887 |
2,750 |
2,591 |
2,492 |
Retained Earnings |
|
14,731 |
15,196 |
16,096 |
15,773 |
15,823 |
14,150 |
14,776 |
14,931 |
15,617 |
16,459 |
Treasury Stock |
|
- |
0.00 |
-20 |
-5.00 |
-13 |
-7.00 |
-3.00 |
-12 |
-7.00 |
-18 |
Accumulated Other Comprehensive Income / (Loss) |
|
-357 |
-223 |
-26 |
-880 |
-68 |
581 |
186 |
-3,320 |
-2,497 |
-1,867 |
Noncontrolling Interest |
|
5,249 |
5,198 |
5,362 |
2,868 |
2,811 |
1,321 |
1,329 |
852 |
821 |
871 |
Quarterly Balance Sheets for Loews
This table presents Loews' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Total Assets |
|
75,111 |
75,567 |
76,560 |
77,347 |
76,469 |
79,197 |
80,906 |
81,057 |
83,617 |
81,943 |
83,142 |
Cash and Due from Banks |
|
886 |
532 |
594 |
463 |
762 |
399 |
556 |
470 |
548 |
541 |
560 |
Trading Account Securities |
|
42,969 |
43,690 |
5,136 |
5,529 |
5,024 |
46,072 |
6,492 |
6,033 |
6,457 |
5,670 |
5,543 |
Loans and Leases, Net of Allowance |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
43,055 |
0.00 |
0.00 |
Premises and Equipment, Net |
|
9,949 |
10,027 |
10,098 |
10,328 |
10,674 |
10,718 |
10,723 |
10,710 |
10,689 |
10,738 |
10,674 |
Deferred Acquisition Cost |
|
787 |
806 |
4,523 |
4,574 |
880 |
896 |
4,548 |
948 |
4,514 |
4,484 |
4,492 |
Goodwill |
|
344 |
346 |
346 |
347 |
346 |
347 |
347 |
347 |
349 |
347 |
347 |
Other Assets |
|
20,176 |
20,166 |
55,863 |
56,106 |
58,783 |
20,765 |
58,240 |
62,549 |
18,005 |
60,163 |
61,526 |
Total Liabilities & Shareholders' Equity |
|
75,111 |
75,567 |
76,560 |
77,347 |
76,469 |
79,197 |
80,906 |
81,057 |
83,617 |
81,943 |
83,142 |
Total Liabilities |
|
60,458 |
60,366 |
61,246 |
61,877 |
61,311 |
62,672 |
63,908 |
63,856 |
65,369 |
64,006 |
65,108 |
Short-Term Debt |
|
1,173 |
987 |
1,128 |
1,152 |
1,705 |
1,163 |
1,880 |
1,143 |
982 |
115 |
711 |
Long-Term Debt |
|
8,475 |
8,165 |
8,150 |
8,094 |
7,925 |
7,919 |
8,425 |
8,558 |
8,821 |
8,939 |
8,441 |
Claims and Claim Expense |
|
24,700 |
22,120 |
22,409 |
22,802 |
22,836 |
23,304 |
23,588 |
23,974 |
24,558 |
24,976 |
25,581 |
Future Policy Benefits |
|
10,454 |
13,480 |
13,976 |
13,666 |
12,654 |
13,959 |
13,513 |
13,211 |
14,047 |
13,158 |
13,304 |
Unearned Premiums Liability |
|
6,195 |
6,374 |
6,581 |
6,978 |
6,789 |
6,933 |
7,046 |
7,409 |
7,259 |
7,346 |
7,504 |
Other Long-Term Liabilities |
|
9,461 |
9,240 |
9,002 |
9,185 |
9,402 |
9,394 |
9,456 |
9,561 |
9,702 |
9,472 |
9,567 |
Commitments & Contingencies |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Equity & Noncontrolling Interests |
|
14,653 |
15,201 |
15,314 |
15,470 |
15,158 |
16,525 |
16,998 |
17,201 |
18,248 |
17,937 |
18,034 |
Total Preferred & Common Equity |
|
13,846 |
14,349 |
14,451 |
14,603 |
14,448 |
15,704 |
16,184 |
16,384 |
17,357 |
17,066 |
17,191 |
Preferred Stock |
|
- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Common Equity |
|
13,846 |
14,349 |
14,451 |
14,603 |
14,448 |
15,704 |
16,184 |
16,384 |
17,357 |
17,066 |
17,191 |
Common Stock |
|
2,888 |
2,750 |
2,718 |
2,730 |
2,766 |
2,591 |
2,549 |
2,558 |
2,564 |
2,492 |
2,453 |
Retained Earnings |
|
15,377 |
14,931 |
15,293 |
15,637 |
15,877 |
15,617 |
16,060 |
16,415 |
16,802 |
16,459 |
16,821 |
Treasury Stock |
|
-616 |
-12 |
-498 |
-604 |
-722 |
-7.00 |
-24 |
-206 |
-271 |
-18 |
-398 |
Accumulated Other Comprehensive Income / (Loss) |
|
-3,803 |
-3,320 |
-3,062 |
-3,160 |
-3,473 |
-2,497 |
-2,401 |
-2,383 |
-1,738 |
-1,867 |
-1,685 |
Noncontrolling Interest |
|
807 |
852 |
863 |
867 |
710 |
821 |
814 |
817 |
891 |
871 |
843 |
Annual Metrics And Ratios for Loews
This table displays calculated financial ratios and metrics derived from Loews' official financial filings.
Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
-6.74% |
-2.53% |
4.14% |
3.08% |
6.29% |
-15.84% |
17.94% |
-3.98% |
13.60% |
9.95% |
EBITDA Growth |
|
-55.16% |
43.91% |
38.06% |
-30.63% |
17.72% |
-140.40% |
425.47% |
-42.41% |
56.83% |
-3.67% |
EBIT Growth |
|
-86.52% |
283.61% |
69.02% |
-47.28% |
34.17% |
-230.83% |
247.54% |
-48.43% |
79.17% |
-6.11% |
NOPAT Growth |
|
-78.79% |
149.48% |
97.21% |
-50.00% |
23.37% |
-217.66% |
264.42% |
-47.12% |
73.40% |
-3.30% |
Net Income Growth |
|
-70.17% |
149.48% |
97.21% |
-50.00% |
23.37% |
-248.22% |
230.52% |
-47.12% |
73.40% |
-3.30% |
EPS Growth |
|
-53.55% |
168.06% |
78.76% |
-42.32% |
54.27% |
-208.14% |
280.72% |
-43.67% |
86.09% |
1.91% |
Operating Cash Flow Growth |
|
18.63% |
-36.48% |
14.96% |
63.01% |
-58.76% |
0.23% |
50.32% |
26.34% |
17.89% |
-22.57% |
Free Cash Flow Firm Growth |
|
213.81% |
-84.45% |
-225.82% |
986.68% |
-97.44% |
2,942.50% |
-13.94% |
79.29% |
-94.04% |
-62.20% |
Invested Capital Growth |
|
-5.71% |
1.04% |
5.45% |
-9.28% |
2.34% |
-12.48% |
-3.53% |
-14.08% |
5.15% |
5.40% |
Revenue Q/Q Growth |
|
-1.41% |
-0.03% |
1.62% |
-1.96% |
4.30% |
-1.11% |
-0.26% |
1.02% |
3.07% |
1.63% |
EBITDA Q/Q Growth |
|
-49.63% |
16.36% |
-14.20% |
-40.69% |
-0.30% |
-140.06% |
-30.25% |
-41.32% |
-31.99% |
-44.56% |
EBIT Q/Q Growth |
|
-78.91% |
3,700.00% |
0.06% |
-45.38% |
83.14% |
15.67% |
-4.89% |
2.58% |
8.01% |
-18.49% |
NOPAT Q/Q Growth |
|
-67.35% |
3,627.09% |
9.20% |
-51.24% |
93.99% |
15.67% |
-4.75% |
3.01% |
6.77% |
-16.16% |
Net Income Q/Q Growth |
|
-67.09% |
5,407.69% |
9.20% |
-51.24% |
93.99% |
14.90% |
-4.75% |
3.01% |
6.77% |
-16.16% |
EPS Q/Q Growth |
|
-60.00% |
250.91% |
20.21% |
-49.23% |
67.76% |
15.31% |
-0.33% |
5.63% |
8.26% |
-14.76% |
Operating Cash Flow Q/Q Growth |
|
14.83% |
-26.56% |
10.35% |
1.13% |
-17.02% |
-0.91% |
23.15% |
-8.93% |
-3.58% |
18.12% |
Free Cash Flow Firm Q/Q Growth |
|
23.02% |
-57.51% |
-895.65% |
1.45% |
246.67% |
-3.32% |
15.58% |
-10.77% |
-69.69% |
107.43% |
Invested Capital Q/Q Growth |
|
-4.82% |
-1.41% |
0.11% |
-2.26% |
-1.21% |
-0.38% |
-1.95% |
0.21% |
3.30% |
-3.78% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
9.43% |
13.92% |
18.46% |
12.42% |
13.76% |
-6.60% |
18.23% |
10.93% |
15.09% |
13.22% |
EBIT Margin |
|
1.89% |
7.45% |
12.09% |
6.18% |
7.80% |
-12.13% |
15.18% |
8.15% |
12.86% |
10.98% |
Profit (Net Income) Margin |
|
2.23% |
5.70% |
10.79% |
5.23% |
6.07% |
-10.70% |
11.84% |
6.52% |
9.95% |
8.75% |
Tax Burden Percent |
|
117.62% |
76.50% |
89.25% |
84.65% |
77.84% |
88.18% |
78.01% |
79.98% |
77.40% |
79.72% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
-17.62% |
23.50% |
10.75% |
15.35% |
22.16% |
0.00% |
21.99% |
20.02% |
22.60% |
20.28% |
Return on Invested Capital (ROIC) |
|
0.82% |
2.10% |
4.01% |
2.05% |
2.62% |
-3.26% |
5.84% |
3.38% |
6.18% |
5.68% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
0.82% |
2.10% |
4.01% |
2.05% |
2.62% |
-5.69% |
5.84% |
3.38% |
6.18% |
5.68% |
Return on Net Nonoperating Assets (RNNOA) |
|
0.39% |
1.00% |
1.88% |
1.03% |
1.40% |
-3.02% |
2.95% |
1.80% |
3.55% |
2.99% |
Return on Equity (ROE) |
|
1.21% |
3.10% |
5.89% |
3.07% |
4.02% |
-6.28% |
8.79% |
5.18% |
9.74% |
8.67% |
Cash Return on Invested Capital (CROIC) |
|
6.70% |
1.07% |
-1.30% |
11.78% |
0.31% |
10.05% |
9.43% |
18.53% |
1.16% |
0.42% |
Operating Return on Assets (OROA) |
|
0.32% |
1.23% |
2.03% |
1.06% |
1.39% |
-1.80% |
2.67% |
1.42% |
2.58% |
2.33% |
Return on Assets (ROA) |
|
0.37% |
0.94% |
1.81% |
0.89% |
1.09% |
-1.59% |
2.08% |
1.13% |
2.00% |
1.85% |
Return on Common Equity (ROCE) |
|
0.94% |
2.40% |
4.59% |
2.52% |
3.49% |
-5.65% |
8.18% |
4.86% |
9.23% |
8.24% |
Return on Equity Simple (ROE_SIMPLE) |
|
1.63% |
3.94% |
7.35% |
3.81% |
4.56% |
-7.23% |
9.44% |
6.21% |
9.84% |
8.75% |
Net Operating Profit after Tax (NOPAT) |
|
287 |
716 |
1,412 |
706 |
871 |
-1,025 |
1,685 |
891 |
1,545 |
1,494 |
NOPAT Margin |
|
2.23% |
5.70% |
10.79% |
5.23% |
6.07% |
-8.49% |
11.84% |
6.52% |
9.95% |
8.75% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
2.44% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.60% |
-0.18% |
-1.02% |
-0.77% |
-0.34% |
Operating Expenses to Revenue |
|
98.11% |
92.55% |
87.91% |
93.82% |
92.20% |
112.13% |
84.82% |
91.85% |
87.14% |
89.02% |
Earnings before Interest and Taxes (EBIT) |
|
244 |
936 |
1,582 |
834 |
1,119 |
-1,464 |
2,160 |
1,114 |
1,996 |
1,874 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
1,216 |
1,750 |
2,416 |
1,676 |
1,973 |
-797 |
2,594 |
1,494 |
2,343 |
2,257 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
0.74 |
0.84 |
0.85 |
0.75 |
0.80 |
0.68 |
0.81 |
0.96 |
0.99 |
1.08 |
Price to Tangible Book Value (P/TBV) |
|
0.76 |
0.85 |
0.88 |
0.78 |
0.83 |
0.71 |
0.83 |
0.98 |
1.01 |
1.10 |
Price to Revenue (P/Rev) |
|
1.01 |
1.21 |
1.25 |
1.03 |
1.07 |
1.01 |
1.02 |
1.01 |
1.00 |
1.08 |
Price to Earnings (P/E) |
|
50.13 |
23.26 |
14.02 |
21.90 |
16.40 |
0.00 |
9.28 |
16.73 |
10.80 |
13.04 |
Dividend Yield |
|
0.68% |
0.55% |
0.52% |
0.56% |
0.49% |
0.56% |
0.44% |
0.43% |
0.36% |
0.30% |
Earnings Yield |
|
1.99% |
4.30% |
7.13% |
4.57% |
6.10% |
0.00% |
10.77% |
5.98% |
9.26% |
7.67% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.85 |
0.90 |
0.91 |
0.85 |
0.88 |
0.79 |
0.86 |
0.95 |
0.98 |
1.03 |
Enterprise Value to Revenue (EV/Rev) |
|
2.25 |
2.47 |
2.51 |
2.06 |
2.05 |
1.93 |
1.71 |
1.70 |
1.61 |
1.63 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
23.82 |
17.72 |
13.58 |
16.59 |
14.90 |
0.00 |
9.40 |
15.54 |
10.67 |
12.33 |
Enterprise Value to EBIT (EV/EBIT) |
|
118.73 |
33.13 |
20.73 |
33.34 |
26.27 |
0.00 |
11.28 |
20.85 |
12.52 |
14.85 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
100.94 |
43.31 |
23.23 |
39.39 |
33.75 |
0.00 |
14.47 |
26.06 |
16.18 |
18.63 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
8.17 |
13.76 |
12.66 |
6.59 |
16.88 |
13.31 |
9.29 |
7.01 |
6.40 |
9.20 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
12.38 |
85.19 |
0.00 |
6.85 |
282.66 |
7.34 |
8.95 |
4.76 |
85.88 |
252.98 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.49 |
0.47 |
0.47 |
0.53 |
0.53 |
0.53 |
0.48 |
0.60 |
0.55 |
0.50 |
Long-Term Debt to Equity |
|
0.42 |
0.46 |
0.46 |
0.53 |
0.52 |
0.53 |
0.47 |
0.54 |
0.48 |
0.50 |
Financial Leverage |
|
0.47 |
0.48 |
0.47 |
0.50 |
0.53 |
0.53 |
0.51 |
0.53 |
0.57 |
0.53 |
Leverage Ratio |
|
3.25 |
3.31 |
3.26 |
3.44 |
3.71 |
3.95 |
4.22 |
4.57 |
4.88 |
4.68 |
Compound Leverage Factor |
|
3.25 |
3.31 |
3.26 |
3.44 |
3.71 |
3.95 |
4.22 |
4.57 |
4.88 |
4.68 |
Debt to Total Capital |
|
32.79% |
31.87% |
32.06% |
34.81% |
34.68% |
34.72% |
32.35% |
37.58% |
35.47% |
33.54% |
Short-Term Debt to Total Capital |
|
4.74% |
0.76% |
0.94% |
0.18% |
0.55% |
0.44% |
0.65% |
4.05% |
4.54% |
0.43% |
Long-Term Debt to Total Capital |
|
28.05% |
31.11% |
31.12% |
34.63% |
34.12% |
34.28% |
31.70% |
33.53% |
30.93% |
33.12% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
15.47% |
15.16% |
14.83% |
8.74% |
8.37% |
4.50% |
4.69% |
3.50% |
3.21% |
3.23% |
Common Equity to Total Capital |
|
51.75% |
52.97% |
53.11% |
56.45% |
56.95% |
60.79% |
62.96% |
58.92% |
61.33% |
63.23% |
Debt to EBITDA |
|
9.15 |
6.24 |
4.80 |
6.81 |
5.90 |
-12.80 |
3.53 |
6.13 |
3.88 |
4.01 |
Net Debt to EBITDA |
|
8.79 |
6.06 |
4.60 |
6.57 |
5.73 |
-12.20 |
3.30 |
5.77 |
3.71 |
3.77 |
Long-Term Debt to EBITDA |
|
7.83 |
6.10 |
4.66 |
6.78 |
5.81 |
-12.64 |
3.46 |
5.47 |
3.38 |
3.96 |
Debt to NOPAT |
|
38.77 |
15.26 |
8.21 |
16.17 |
13.37 |
-9.95 |
5.44 |
10.27 |
5.88 |
6.06 |
Net Debt to NOPAT |
|
37.24 |
14.81 |
7.88 |
15.60 |
12.98 |
-9.49 |
5.07 |
9.67 |
5.62 |
5.70 |
Long-Term Debt to NOPAT |
|
33.17 |
14.90 |
7.97 |
16.09 |
13.15 |
-9.83 |
5.33 |
9.16 |
5.13 |
5.98 |
Noncontrolling Interest Sharing Ratio |
|
22.37% |
22.63% |
22.03% |
17.91% |
13.11% |
10.05% |
6.91% |
6.34% |
5.27% |
4.91% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
2,341 |
364 |
-458 |
4,061 |
104 |
3,164 |
2,723 |
4,882 |
291 |
110 |
Operating Cash Flow to CapEx |
|
228.10% |
155.38% |
251.21% |
478.68% |
167.24% |
245.77% |
544.19% |
502.12% |
569.53% |
478.64% |
Free Cash Flow to Firm to Interest Expense |
|
4.50 |
0.68 |
-0.71 |
7.07 |
0.18 |
6.14 |
6.42 |
12.92 |
0.77 |
0.25 |
Operating Cash Flow to Interest Expense |
|
6.82 |
4.20 |
4.01 |
7.36 |
2.95 |
3.39 |
6.19 |
8.77 |
10.39 |
6.86 |
Operating Cash Flow Less CapEx to Interest Expense |
|
3.83 |
1.50 |
2.41 |
5.82 |
1.18 |
2.01 |
5.05 |
7.02 |
8.57 |
5.43 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.17 |
0.16 |
0.17 |
0.17 |
0.18 |
0.15 |
0.18 |
0.17 |
0.20 |
0.21 |
Fixed Asset Turnover |
|
0.83 |
0.82 |
0.85 |
0.87 |
0.92 |
0.93 |
1.40 |
1.37 |
1.50 |
1.59 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
33,937 |
34,289 |
36,159 |
32,804 |
33,571 |
29,382 |
28,344 |
24,353 |
25,607 |
26,991 |
Invested Capital Turnover |
|
0.37 |
0.37 |
0.37 |
0.39 |
0.43 |
0.38 |
0.49 |
0.52 |
0.62 |
0.65 |
Increase / (Decrease) in Invested Capital |
|
-2,054 |
352 |
1,870 |
-3,355 |
767 |
-4,189 |
-1,038 |
-3,991 |
1,254 |
1,384 |
Enterprise Value (EV) |
|
28,970 |
31,009 |
32,801 |
27,808 |
29,397 |
23,232 |
24,375 |
23,222 |
24,990 |
27,828 |
Market Capitalization |
|
13,034 |
15,210 |
16,318 |
13,927 |
15,281 |
12,188 |
14,498 |
13,750 |
15,486 |
18,444 |
Book Value per Share |
|
$49.56 |
$53.90 |
$57.05 |
$58.94 |
$64.28 |
$64.98 |
$70.35 |
$60.44 |
$70.34 |
$78.36 |
Tangible Book Value per Share |
|
$48.57 |
$52.88 |
$55.09 |
$56.82 |
$61.70 |
$62.12 |
$68.97 |
$58.98 |
$68.79 |
$76.77 |
Total Capital |
|
33,937 |
34,289 |
36,159 |
32,804 |
33,571 |
29,382 |
28,344 |
24,353 |
25,607 |
26,991 |
Total Debt |
|
11,127 |
10,928 |
11,593 |
11,418 |
11,641 |
10,201 |
9,169 |
9,152 |
9,082 |
9,054 |
Total Long-Term Debt |
|
9,520 |
10,668 |
11,253 |
11,359 |
11,456 |
10,072 |
8,986 |
8,165 |
7,919 |
8,939 |
Net Debt |
|
10,687 |
10,601 |
11,121 |
11,013 |
11,305 |
9,723 |
8,548 |
8,620 |
8,683 |
8,513 |
Capital Expenditures (CapEx) |
|
1,555 |
1,450 |
1,031 |
882 |
1,041 |
710 |
482 |
660 |
686 |
632 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
266 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
11,127 |
10,928 |
11,593 |
11,418 |
11,641 |
10,201 |
9,169 |
9,152 |
9,082 |
9,054 |
Total Depreciation and Amortization (D&A) |
|
972 |
814 |
834 |
842 |
854 |
667 |
434 |
380 |
347 |
383 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$0.72 |
$1.93 |
$3.46 |
$1.99 |
$3.08 |
($3.32) |
$6.08 |
$4.17 |
$6.30 |
$6.42 |
Adjusted Weighted Average Basic Shares Outstanding |
|
362.43M |
337.95M |
336.61M |
319.06M |
302.70M |
280.32M |
259.67M |
242.83M |
227.48M |
220.26M |
Adjusted Diluted Earnings per Share |
|
$0.72 |
$1.93 |
$3.45 |
$1.99 |
$3.07 |
($3.32) |
$6.07 |
$4.16 |
$6.29 |
$6.41 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
339.00M |
338.31M |
337.50M |
319.93M |
303.35M |
280.32M |
260.20M |
243.28M |
227.81M |
220.53M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$1.93 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
339.00M |
336.63M |
328.83M |
311.30M |
287.77M |
267.05M |
248.20M |
235.00M |
222.20M |
212.86M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
171 |
716 |
1,412 |
706 |
871 |
-1,025 |
1,685 |
891 |
1,545 |
1,494 |
Normalized NOPAT Margin |
|
1.32% |
5.70% |
10.79% |
5.23% |
6.07% |
-8.49% |
11.84% |
6.52% |
9.95% |
8.75% |
Pre Tax Income Margin |
|
1.89% |
7.45% |
12.09% |
6.18% |
7.80% |
-12.13% |
15.18% |
8.15% |
12.86% |
10.98% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
0.47 |
1.75 |
2.45 |
1.45 |
1.89 |
-2.84 |
5.09 |
2.95 |
5.31 |
4.25 |
NOPAT to Interest Expense |
|
0.55 |
1.34 |
2.19 |
1.23 |
1.47 |
-1.99 |
3.97 |
2.36 |
4.11 |
3.39 |
EBIT Less CapEx to Interest Expense |
|
-2.52 |
-0.96 |
0.85 |
-0.08 |
0.13 |
-4.22 |
3.96 |
1.20 |
3.48 |
2.82 |
NOPAT Less CapEx to Interest Expense |
|
-2.44 |
-1.37 |
0.59 |
-0.31 |
-0.29 |
-3.37 |
2.84 |
0.61 |
2.28 |
1.95 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
88.85% |
30.45% |
15.79% |
28.47% |
19.98% |
-13.09% |
7.66% |
17.85% |
8.48% |
9.37% |
Augmented Payout Ratio |
|
529.62% |
49.16% |
31.09% |
173.80% |
140.64% |
-84.59% |
75.07% |
99.66% |
63.43% |
50.07% |
Quarterly Metrics And Ratios for Loews
This table displays calculated financial ratios and metrics derived from Loews' official financial filings.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
2.96% |
3.88% |
11.55% |
16.74% |
13.74% |
12.52% |
11.93% |
8.07% |
13.57% |
6.58% |
6.32% |
EBITDA Growth |
|
-46.73% |
7.29% |
14.69% |
49.59% |
118.44% |
22.83% |
19.49% |
3.40% |
28.77% |
-38.04% |
-8.20% |
EBIT Growth |
|
-108.22% |
6.41% |
18.22% |
116.17% |
1,524.00% |
31.83% |
21.19% |
-0.20% |
54.49% |
-69.33% |
-18.28% |
NOPAT Growth |
|
-107.11% |
7.37% |
14.77% |
107.49% |
1,677.14% |
25.86% |
20.05% |
1.80% |
53.99% |
-60.38% |
-19.18% |
Net Income Growth |
|
-110.98% |
7.37% |
14.77% |
107.49% |
1,122.22% |
25.86% |
20.05% |
1.80% |
53.99% |
-60.38% |
-19.18% |
EPS Growth |
|
-110.59% |
13.64% |
24.81% |
132.35% |
1,344.44% |
32.00% |
27.33% |
5.70% |
62.50% |
-56.06% |
-15.12% |
Operating Cash Flow Growth |
|
9.97% |
-34.32% |
69.98% |
40.18% |
2.49% |
-23.31% |
-72.46% |
-33.61% |
-26.86% |
97.27% |
271.72% |
Free Cash Flow Firm Growth |
|
450.84% |
214.16% |
228.07% |
-57.60% |
-104.60% |
-117.78% |
-170.02% |
-219.80% |
-1,245.02% |
-53.80% |
122.87% |
Invested Capital Growth |
|
-15.93% |
-14.08% |
-10.14% |
-4.29% |
2.00% |
5.15% |
11.02% |
8.84% |
13.16% |
5.40% |
-0.43% |
Revenue Q/Q Growth |
|
2.34% |
9.80% |
-0.30% |
4.20% |
-0.29% |
8.61% |
-0.82% |
0.61% |
4.79% |
1.93% |
-1.06% |
EBITDA Q/Q Growth |
|
-41.22% |
138.55% |
5.15% |
1.45% |
-14.16% |
34.14% |
2.29% |
-12.21% |
6.90% |
-35.45% |
51.54% |
EBIT Q/Q Growth |
|
-110.64% |
1,960.00% |
11.61% |
-2.12% |
-29.92% |
72.19% |
2.61% |
-19.40% |
8.48% |
-65.82% |
173.40% |
NOPAT Q/Q Growth |
|
-109.36% |
2,265.71% |
6.60% |
-3.96% |
-28.87% |
72.83% |
1.68% |
-18.56% |
7.59% |
-55.53% |
107.41% |
Net Income Q/Q Growth |
|
-114.44% |
1,503.70% |
6.60% |
-3.96% |
-28.87% |
72.83% |
1.68% |
-18.56% |
7.59% |
-55.53% |
107.41% |
EPS Q/Q Growth |
|
-113.24% |
1,766.67% |
7.33% |
-1.86% |
-29.11% |
76.79% |
3.54% |
-18.54% |
8.98% |
-52.20% |
100.00% |
Operating Cash Flow Q/Q Growth |
|
21.80% |
-50.08% |
15.59% |
99.44% |
-10.95% |
-62.65% |
-58.49% |
380.81% |
-1.89% |
0.75% |
-21.79% |
Free Cash Flow Firm Q/Q Growth |
|
30.13% |
-4.76% |
-27.25% |
-52.97% |
-114.11% |
-268.25% |
-186.49% |
19.54% |
-58.46% |
57.89% |
142.59% |
Invested Capital Q/Q Growth |
|
-5.89% |
0.21% |
0.98% |
0.50% |
0.29% |
3.30% |
6.62% |
-1.47% |
4.27% |
-3.78% |
0.72% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
10.63% |
23.09% |
24.35% |
23.71% |
20.41% |
25.20% |
25.99% |
22.68% |
23.14% |
14.65% |
22.44% |
EBIT Margin |
|
-0.74% |
12.57% |
14.07% |
13.22% |
9.29% |
14.73% |
15.24% |
12.21% |
12.64% |
4.24% |
11.71% |
Profit (Net Income) Margin |
|
-0.80% |
10.25% |
10.95% |
10.10% |
7.20% |
11.46% |
11.75% |
9.51% |
9.77% |
4.26% |
8.93% |
Tax Burden Percent |
|
108.00% |
81.51% |
77.84% |
76.38% |
77.53% |
77.81% |
77.11% |
77.91% |
77.27% |
100.53% |
76.26% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
0.00% |
18.49% |
22.16% |
23.62% |
22.47% |
22.19% |
22.89% |
22.09% |
22.73% |
-0.53% |
23.74% |
Return on Invested Capital (ROIC) |
|
-0.26% |
5.31% |
5.92% |
5.83% |
4.42% |
7.12% |
7.23% |
6.00% |
6.21% |
2.77% |
5.68% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
-0.36% |
5.31% |
5.92% |
5.83% |
4.42% |
7.12% |
7.23% |
6.00% |
6.21% |
2.77% |
5.68% |
Return on Net Nonoperating Assets (RNNOA) |
|
-0.21% |
2.83% |
3.40% |
3.47% |
2.86% |
4.09% |
4.38% |
3.48% |
3.61% |
1.46% |
3.16% |
Return on Equity (ROE) |
|
-0.47% |
8.15% |
9.32% |
9.30% |
7.28% |
11.22% |
11.61% |
9.48% |
9.82% |
4.22% |
8.84% |
Cash Return on Invested Capital (CROIC) |
|
20.56% |
18.53% |
14.31% |
8.91% |
3.91% |
1.16% |
-4.18% |
-2.14% |
-5.61% |
0.42% |
5.57% |
Operating Return on Assets (OROA) |
|
-0.13% |
2.19% |
2.54% |
2.50% |
1.85% |
2.95% |
3.09% |
2.51% |
2.65% |
0.90% |
2.47% |
Return on Assets (ROA) |
|
-0.14% |
1.78% |
1.98% |
1.91% |
1.43% |
2.30% |
2.38% |
1.95% |
2.05% |
0.90% |
1.89% |
Return on Common Equity (ROCE) |
|
-0.44% |
7.63% |
8.76% |
8.76% |
6.91% |
10.63% |
11.01% |
8.99% |
9.35% |
4.01% |
8.42% |
Return on Equity Simple (ROE_SIMPLE) |
|
6.25% |
0.00% |
6.53% |
7.83% |
10.02% |
0.00% |
10.05% |
9.97% |
10.27% |
0.00% |
8.15% |
Net Operating Profit after Tax (NOPAT) |
|
-18 |
379 |
404 |
388 |
276 |
477 |
485 |
395 |
425 |
189 |
392 |
NOPAT Margin |
|
-0.52% |
10.25% |
10.95% |
10.10% |
7.20% |
11.46% |
11.75% |
9.51% |
9.77% |
4.26% |
8.93% |
Net Nonoperating Expense Percent (NNEP) |
|
0.10% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
-1.04% |
-0.76% |
-0.76% |
-1.01% |
-0.57% |
-0.74% |
-0.63% |
-0.65% |
0.21% |
-0.32% |
0.02% |
Operating Expenses to Revenue |
|
100.74% |
87.43% |
85.93% |
86.78% |
90.71% |
85.27% |
84.76% |
87.79% |
87.36% |
95.76% |
88.29% |
Earnings before Interest and Taxes (EBIT) |
|
-25 |
465 |
519 |
508 |
356 |
613 |
629 |
507 |
550 |
188 |
514 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
358 |
854 |
898 |
911 |
782 |
1,049 |
1,073 |
942 |
1,007 |
650 |
985 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
0.86 |
0.96 |
0.94 |
0.92 |
0.98 |
0.99 |
1.08 |
1.01 |
1.00 |
1.08 |
1.14 |
Price to Tangible Book Value (P/TBV) |
|
0.88 |
0.98 |
0.96 |
0.95 |
1.01 |
1.01 |
1.10 |
1.03 |
1.02 |
1.10 |
1.16 |
Price to Revenue (P/Rev) |
|
0.88 |
1.01 |
0.97 |
0.92 |
0.94 |
1.00 |
1.09 |
1.02 |
1.03 |
1.08 |
1.13 |
Price to Earnings (P/E) |
|
15.01 |
16.73 |
15.50 |
12.62 |
10.59 |
10.80 |
11.51 |
10.84 |
10.37 |
13.04 |
14.74 |
Dividend Yield |
|
0.51% |
0.43% |
0.43% |
0.42% |
0.40% |
0.36% |
0.32% |
0.33% |
0.32% |
0.30% |
0.27% |
Earnings Yield |
|
6.66% |
5.98% |
6.45% |
7.93% |
9.44% |
9.26% |
8.69% |
9.22% |
9.64% |
7.67% |
6.78% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.88 |
0.95 |
0.94 |
0.94 |
0.96 |
0.98 |
1.03 |
0.99 |
0.98 |
1.03 |
1.07 |
Enterprise Value to Revenue (EV/Rev) |
|
1.59 |
1.70 |
1.64 |
1.58 |
1.58 |
1.61 |
1.75 |
1.63 |
1.64 |
1.63 |
1.67 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
8.44 |
15.54 |
8.50 |
7.65 |
6.91 |
10.67 |
7.34 |
6.91 |
6.75 |
12.33 |
8.09 |
Enterprise Value to EBIT (EV/EBIT) |
|
19.79 |
20.85 |
19.35 |
15.76 |
12.88 |
12.52 |
13.30 |
12.63 |
11.96 |
14.85 |
16.49 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
24.84 |
26.06 |
24.50 |
20.21 |
16.45 |
16.18 |
17.23 |
16.28 |
15.43 |
18.63 |
20.70 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
5.90 |
7.01 |
6.40 |
5.75 |
5.88 |
6.40 |
8.27 |
9.15 |
10.74 |
9.20 |
8.14 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
3.93 |
4.76 |
6.22 |
10.27 |
24.80 |
85.88 |
0.00 |
0.00 |
0.00 |
252.98 |
19.10 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.66 |
0.60 |
0.61 |
0.60 |
0.64 |
0.55 |
0.61 |
0.56 |
0.54 |
0.50 |
0.51 |
Long-Term Debt to Equity |
|
0.58 |
0.54 |
0.53 |
0.52 |
0.52 |
0.48 |
0.50 |
0.50 |
0.48 |
0.50 |
0.47 |
Financial Leverage |
|
0.58 |
0.53 |
0.57 |
0.59 |
0.65 |
0.57 |
0.61 |
0.58 |
0.58 |
0.53 |
0.56 |
Leverage Ratio |
|
4.64 |
4.57 |
4.72 |
4.87 |
5.08 |
4.88 |
4.87 |
4.85 |
4.79 |
4.68 |
4.68 |
Compound Leverage Factor |
|
4.64 |
4.57 |
4.72 |
4.87 |
5.08 |
4.88 |
4.87 |
4.85 |
4.79 |
4.68 |
4.68 |
Debt to Total Capital |
|
39.70% |
37.58% |
37.73% |
37.41% |
38.85% |
35.47% |
37.74% |
36.06% |
34.95% |
33.54% |
33.66% |
Short-Term Debt to Total Capital |
|
4.83% |
4.05% |
4.59% |
4.66% |
6.88% |
4.54% |
6.89% |
4.25% |
3.50% |
0.43% |
2.62% |
Long-Term Debt to Total Capital |
|
34.88% |
33.53% |
33.14% |
32.75% |
31.97% |
30.93% |
30.86% |
31.81% |
31.45% |
33.12% |
31.05% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
3.32% |
3.50% |
3.51% |
3.51% |
2.86% |
3.21% |
2.98% |
3.04% |
3.18% |
3.23% |
3.10% |
Common Equity to Total Capital |
|
56.98% |
58.92% |
58.76% |
59.08% |
58.29% |
61.33% |
59.28% |
60.90% |
61.88% |
63.23% |
63.23% |
Debt to EBITDA |
|
3.79 |
6.13 |
3.41 |
3.06 |
2.80 |
3.88 |
2.70 |
2.52 |
2.41 |
4.01 |
2.55 |
Net Debt to EBITDA |
|
3.44 |
5.77 |
3.19 |
2.91 |
2.57 |
3.71 |
2.56 |
2.40 |
2.27 |
3.77 |
2.40 |
Long-Term Debt to EBITDA |
|
3.33 |
5.47 |
3.00 |
2.68 |
2.30 |
3.38 |
2.21 |
2.23 |
2.17 |
3.96 |
2.36 |
Debt to NOPAT |
|
11.15 |
10.27 |
9.84 |
8.08 |
6.66 |
5.88 |
6.34 |
5.94 |
5.50 |
6.06 |
6.53 |
Net Debt to NOPAT |
|
10.13 |
9.67 |
9.21 |
7.68 |
6.13 |
5.62 |
6.00 |
5.65 |
5.19 |
5.70 |
6.13 |
Long-Term Debt to NOPAT |
|
9.80 |
9.16 |
8.64 |
7.08 |
5.48 |
5.13 |
5.18 |
5.24 |
4.95 |
5.98 |
6.03 |
Noncontrolling Interest Sharing Ratio |
|
6.28% |
6.34% |
6.01% |
5.84% |
5.09% |
5.27% |
5.19% |
5.15% |
4.79% |
4.91% |
4.73% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
4,589 |
4,370 |
3,179 |
1,495 |
-211 |
-777 |
-2,226 |
-1,791 |
-2,838 |
-1,195 |
509 |
Operating Cash Flow to CapEx |
|
996.80% |
278.92% |
452.20% |
1,024.29% |
778.66% |
213.90% |
124.53% |
598.74% |
667.14% |
540.80% |
751.02% |
Free Cash Flow to Firm to Interest Expense |
|
49.88 |
46.49 |
33.46 |
16.43 |
-2.24 |
-8.09 |
-21.61 |
-15.71 |
-24.89 |
-10.86 |
4.85 |
Operating Cash Flow to Interest Expense |
|
13.54 |
6.62 |
7.57 |
15.76 |
13.59 |
4.97 |
1.92 |
8.35 |
8.19 |
8.55 |
7.01 |
Operating Cash Flow Less CapEx to Interest Expense |
|
12.18 |
4.24 |
5.89 |
14.22 |
11.84 |
2.65 |
0.38 |
6.96 |
6.96 |
6.97 |
6.08 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.17 |
0.17 |
0.18 |
0.19 |
0.20 |
0.20 |
0.20 |
0.21 |
0.21 |
0.21 |
0.21 |
Fixed Asset Turnover |
|
1.36 |
1.37 |
1.41 |
1.44 |
1.46 |
1.50 |
1.53 |
1.55 |
1.57 |
1.59 |
1.62 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
24,301 |
24,353 |
24,592 |
24,716 |
24,788 |
25,607 |
27,303 |
26,902 |
28,051 |
26,991 |
27,186 |
Invested Capital Turnover |
|
0.51 |
0.52 |
0.54 |
0.58 |
0.61 |
0.62 |
0.62 |
0.63 |
0.64 |
0.65 |
0.64 |
Increase / (Decrease) in Invested Capital |
|
-4,606 |
-3,991 |
-2,775 |
-1,107 |
487 |
1,254 |
2,711 |
2,186 |
3,263 |
1,384 |
-117 |
Enterprise Value (EV) |
|
21,487 |
23,222 |
23,107 |
23,123 |
23,806 |
24,990 |
28,013 |
26,583 |
27,499 |
27,828 |
28,999 |
Market Capitalization |
|
11,918 |
13,750 |
13,560 |
13,473 |
14,228 |
15,486 |
17,450 |
16,535 |
17,353 |
18,444 |
19,564 |
Book Value per Share |
|
$57.46 |
$60.44 |
$61.49 |
$64.08 |
$64.07 |
$70.34 |
$72.75 |
$74.00 |
$79.07 |
$78.36 |
$80.76 |
Tangible Book Value per Share |
|
$56.04 |
$58.98 |
$60.02 |
$62.55 |
$62.53 |
$68.79 |
$71.19 |
$72.43 |
$77.48 |
$76.77 |
$79.13 |
Total Capital |
|
24,301 |
24,353 |
24,592 |
24,716 |
24,788 |
25,607 |
27,303 |
26,902 |
28,051 |
26,991 |
27,186 |
Total Debt |
|
9,648 |
9,152 |
9,278 |
9,246 |
9,630 |
9,082 |
10,305 |
9,701 |
9,803 |
9,054 |
9,152 |
Total Long-Term Debt |
|
8,475 |
8,165 |
8,150 |
8,094 |
7,925 |
7,919 |
8,425 |
8,558 |
8,821 |
8,939 |
8,441 |
Net Debt |
|
8,762 |
8,620 |
8,684 |
8,783 |
8,868 |
8,683 |
9,749 |
9,231 |
9,255 |
8,513 |
8,592 |
Capital Expenditures (CapEx) |
|
125 |
223 |
159 |
140 |
164 |
223 |
159 |
159 |
140 |
174 |
98 |
Net Nonoperating Expense (NNE) |
|
9.50 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
9,648 |
9,152 |
9,278 |
9,246 |
9,630 |
9,082 |
10,305 |
9,701 |
9,803 |
9,054 |
9,152 |
Total Depreciation and Amortization (D&A) |
|
383 |
389 |
379 |
403 |
426 |
436 |
444 |
435 |
457 |
462 |
471 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$0.54 |
$1.50 |
$1.61 |
$1.58 |
$1.12 |
$1.99 |
$2.05 |
$1.67 |
$1.83 |
$0.87 |
$1.74 |
Adjusted Weighted Average Basic Shares Outstanding |
|
240.37M |
242.83M |
233.30M |
227.69M |
225.64M |
227.48M |
222.47M |
221.35M |
219.67M |
220.26M |
212.45M |
Adjusted Diluted Earnings per Share |
|
$0.54 |
$1.50 |
$1.61 |
$1.58 |
$1.12 |
$1.98 |
$2.05 |
$1.67 |
$1.82 |
$0.87 |
$1.74 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
240.76M |
243.28M |
233.62M |
227.97M |
225.99M |
227.81M |
222.78M |
221.60M |
219.94M |
220.53M |
212.60M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
237.43M |
235.00M |
227.90M |
225.51M |
223.25M |
222.20M |
221.41M |
219.52M |
217.78M |
212.86M |
209.70M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
-18 |
379 |
404 |
388 |
276 |
477 |
485 |
395 |
425 |
132 |
392 |
Normalized NOPAT Margin |
|
-0.52% |
10.25% |
10.95% |
10.10% |
7.20% |
11.46% |
11.75% |
9.51% |
9.77% |
2.97% |
8.93% |
Pre Tax Income Margin |
|
-0.74% |
12.57% |
14.07% |
13.22% |
9.29% |
14.73% |
15.24% |
12.21% |
12.64% |
4.24% |
11.71% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
-0.27 |
4.95 |
5.46 |
5.58 |
3.79 |
6.39 |
6.11 |
4.45 |
4.82 |
1.71 |
4.90 |
NOPAT to Interest Expense |
|
-0.19 |
4.03 |
4.25 |
4.26 |
2.94 |
4.97 |
4.71 |
3.46 |
3.73 |
1.72 |
3.73 |
EBIT Less CapEx to Interest Expense |
|
-1.63 |
2.57 |
3.79 |
4.04 |
2.04 |
4.06 |
4.56 |
3.05 |
3.60 |
0.13 |
3.96 |
NOPAT Less CapEx to Interest Expense |
|
-1.55 |
1.66 |
2.58 |
2.73 |
1.19 |
2.65 |
3.17 |
2.07 |
2.50 |
0.14 |
2.80 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
18.38% |
17.85% |
14.21% |
11.63% |
9.26% |
8.48% |
8.73% |
8.57% |
7.86% |
9.37% |
9.85% |
Augmented Payout Ratio |
|
124.97% |
99.66% |
126.51% |
93.97% |
66.41% |
63.43% |
34.01% |
36.68% |
30.42% |
50.07% |
79.66% |
Key Financial Trends
Loews Corporation has demonstrated a generally stable financial performance across the past several years, with some fluctuations in key metrics as detailed below.
- Net income for Q1 2025 was $392 million, showing growth compared to $189 million in Q4 2024, indicating improving profitability at the start of 2025.
- Total revenue and non-interest income have steadily increased in recent quarters, with Q1 2025 total revenue at approximately $4.39 billion, compared to about $4.44 billion in Q4 2024, showing overall revenue stability.
- Operating cash flow remains strong; net cash from continuing operating activities was $736 million in Q1 2025, supporting the company’s core operations and financial health.
- Loews continues to return capital to shareholders through dividends, maintaining a quarterly dividend per share of $0.0625 consistently across the analyzed periods.
- Repurchase of common equity was significant in Q1 2025 at $394 million, highlighting an active capital return strategy to enhance shareholder value.
- Long-term debt levels remain substantial but relatively stable, with $8.44 billion in long-term debt as of Q1 2025, slightly down from $8.94 billion in Q4 2024, reflecting some debt reduction activity.
- Total assets have gradually increased from approximately $75.6 billion at the end of 2022 to $83.1 billion in Q1 2025, indicating expansion or accumulation of investments and operations.
- Interest expense, specifically on long-term debt, remains high (~$105M in Q1 2025), negatively impacting net interest income, which is consistently negative across reported quarters.
- Claims and claim expenses related to property and liability insurance have remained high, at roughly $2 billion per quarter in 2025, posing ongoing cost pressure.
- Net cash from financing activities in Q1 2025 showed an outflow of $520 million, driven largely by share repurchases and dividend payments, which could pressure liquidity if sustained excessively.
In summary, Loews Corp shows stable revenue streams and solid core operations cash flow, alongside continued shareholder returns through dividends and buybacks. However, ongoing high interest and insurance claim expenses, alongside significant debt obligations, represent financial challenges. Investors should monitor debt levels and expense management as key factors for maintaining profitability and financial flexibility.
10/08/25 05:16 AM ETAI Generated. May Contain Errors.