L
Loews CorporationStock · FinancialsS&P 500 Equal Weight 0.2% · S&P 500 0.03% · Russell 1000 0.03% · Russell 3000 0.03% · US Stock Market 0.03% · MSCI World 0.02% · MSCI ACWI 0.02%$107.77-0.54%
as of market close, Sep 18, 2026
☾ AH — —
L financial statements
The full income statement, balance sheet, and cash-flow statement for Loews Corporation (L), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 219.5M2024-09 217.8M2024-12 212.9M2025-03 209.7M2025-06 207.4M2025-09 206.7M2025-12 206.1M2026-03 205.8M2026-06 204.4M-6.9% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 18.5B+5.4% | 17.5B+10.1% | 15.9B+13.2% | 14.0B-4.2% | 14.7B+16.5% | |
| Amortization of intangibles | — | 4.00M+33.3% | 3.00M+0.0% | 3.00M+0.0% | 3.00M-95.1% | |
| Interest expense | 437M-0.9% | 441M+17.3% | 376M-0.5% | 378M-10.8% | 424M-17.7% | |
| Equity-method income | 74.0M+27.6% | 58.0M-51.7% | 120M-13.7% | 139M+434.6% | 26.0M+135.6% | |
| Pre-tax income | 2.28B+21.8% | 1.87B-6.1% | 2.00B+79.2% | 1.11B-48.4% | 2.16B+247.5% | |
| Income tax | 511M+34.5% | 380M-15.7% | 451M+102.2% | 223M-53.1% | 475M+374.6% | |
| 1.67B+17.9% | 1.41B-1.4% | 1.43B+74.5% | 822M-47.4% | 1.56B+267.8% | ||
| Net income to non-controlling interest | 105M+31.3% | 80.0M-27.9% | 111M+60.9% | 69.0M-43.9% | 123M+134.2% | |
| $7.97+24.3% | $6.41+1.9% | $6.29+86.1% | $3.38-43.7% | $6.00+280.7% | ||
| EPS (basic) | $7.98+24.3% | $6.42+1.9% | $6.30+85.8% | $3.39-43.7% | $6.02+281.3% | |
| Weighted-avg shares (basic) | 209M-5.1% | 220M-3.2% | 227M-6.3% | 243M-6.5% | 260M-7.4% | |
| Weighted-avg shares (diluted) | 209M-5.2% | 221M-3.2% | 228M-6.4% | 243M-6.5% | 260M-7.2% | |
| Dividends per share | $0.25+0.0% | $0.25+0.0% | $0.25+0.0% | $0.25+0.0% | $0.25+0.0% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash & equivalents | 495M-8.5% | 541M+35.6% | 399M-25.0% | 532M-14.3% | 621M+29.9% | |
| Short-term investments | 6.04B+31.2% | 4.61B+4.8% | 4.40B-9.4% | 4.85B-0.1% | 4.86B+4.0% | |
| 86.3B+5.4% | 81.9B+3.5% | 79.2B+4.8% | 75.6B-7.4% | 81.6B+1.7% | ||
| Property, plant & equipment | 10.7B-0.4% | 10.7B+0.2% | 10.7B+6.9% | 10.0B+1.4% | 9.89B-5.4% | |
| Operating lease right-of-use | 301M-5.9% | 320M+6.0% | 302M-7.9% | 328M+20.6% | 272M-26.5% | |
| Goodwill | 349M+0.6% | 347M+0.0% | 347M+0.3% | 346M-0.9% | 349M-55.5% | |
| Short-term & current debt | 1.05B+20940.0% | 5.00M-99.5% | 1.08B+26.9% | 854M+818.3% | 93.0M+151.4% | |
| 66.7B+4.2% | 64.0B+2.1% | 62.7B+3.8% | 60.4B-3.3% | 62.5B+2.3% | ||
| Long-term debt | 8.44B-5.6% | 8.94B+12.9% | 7.92B-3.0% | 8.16B-9.1% | 8.99B-10.8% | |
| Operating lease liability (total) | 375M-7.6% | 406M+5.7% | 384M-3.3% | 397M+9.4% | 363M-27.5% | |
| Deferred tax liabilities | 839M+52.5% | 550M+38.2% | 398M+63.8% | 243M-77.5% | 1.08B+1.3% | |
| 18.7B+9.5% | 17.1B+8.7% | 15.7B+9.4% | 14.3B-19.6% | 17.8B-0.1% | ||
| Common stock | 2.00M+0.0% | 2.00M+0.0% | 2.00M+0.0% | 2.00M+0.0% | 2.00M-33.3% | |
| Additional paid-in capital | 2.37B-4.7% | 2.49B-3.8% | 2.59B-5.8% | 2.75B-4.7% | 2.88B-7.9% | |
| Retained earnings | 17.4B+5.6% | 16.5B+5.4% | 15.6B+4.6% | 14.9B+1.0% | 14.8B+4.4% | |
| Treasury stock | 0.00-100.0% | 18.0M+157.1% | 7.00M-41.7% | 12.0M+300.0% | 3.00M-57.1% | |
| Accumulated other comprehensive income | -1.07B+42.8% | -1.87B+25.2% | -2.50B+24.8% | -3.32B-1884.9% | 186M-68.0% | |
| Non-controlling interest | 955M+9.6% | 871M+6.1% | 821M-3.6% | 852M-35.9% | 1.33B+0.6% | |
| Total equity incl. non-controlling | 19.6B+9.5% | 17.9B+8.5% | 16.5B+8.7% | 15.2B-13.0% | 17.5B+3.8% | |
| Total liabilities & equity | 86.3B+5.4% | 81.9B+3.5% | 79.2B+4.8% | 75.6B-7.4% | 81.6B+1.7% | |
| Common shares issued | 206M-4.1% | 215M-3.3% | 222M-5.9% | 236M-5.0% | 248M-7.8% | |
| Shares outstanding (cover) | 206M-3.2% | 213M-4.2% | 222M-5.4% | 235M-5.3% | 248M-7.1% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 3.28B+8.4% | 3.02B-22.6% | 3.91B+17.9% | 3.31B+26.3% | 2.62B+50.3% | ||
| Depreciation & amortization | 607M+4.7% | 580M+8.6% | 534M+4.9% | 509M+1.2% | 503M-25.3% | |
| Intangible amortization | — | 4.00M+33.3% | 3.00M+0.0% | 3.00M+0.0% | 3.00M-95.1% | |
| Deferred income taxes | 112M+348.9% | -45.0M-135.4% | 127M+354.0% | -50.0M-123.9% | 209M+188.9% | |
| Change in receivables | 408M-56.1% | 929M+246.6% | 268M-15.2% | 316M-77.6% | 1.41B | |
| -2.83B-43.2% | -1.98B+28.1% | -2.75B-17.0% | -2.35B-97.7% | -1.19B+16.1% | ||
| Capital expenditure | 579M-8.4% | 632M-7.9% | 686M+3.9% | 660M+36.9% | 482M-32.1% | |
| Free cash flow | 2.70B+12.8% | 2.39B-25.7% | 3.22B+21.4% | 2.65B+24.0% | 2.14B+106.9% | |
| Acquisitions | 0.00 | 0.00-100.0% | 401M | 0.00 | 0.00-100.0% | |
| Sales/maturities of investments | 3.36B+40.1% | 2.40B+79.6% | 1.33B-43.4% | 2.36B-47.2% | 4.46B+18.7% | |
| Other investing activities | 82.0M+1011.1% | -9.00M-105.1% | 178M+4.1% | 171M+296.6% | -87.0M-168.5% | |
| -513M+42.9% | -898M+30.9% | -1.30B-25.4% | -1.04B+19.6% | -1.29B-551.0% | ||
| Long-term debt issued | 1.40B+8.3% | 1.29B+66.3% | 778M+35.8% | 573M-52.2% | 1.20B-54.9% | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 806M+32.6% | 608M-28.4% | 849M+16.5% | 729M-35.8% | 1.14B+23.1% | |
| Dividends paid | 52.0M-5.5% | 55.0M-3.5% | 57.0M-6.6% | 61.0M-6.2% | 65.0M-7.1% | |
| Other financing activities | -67.0M-15.5% | -58.0M-222.2% | -18.0M-12.5% | -16.0M-33.3% | -12.0M-500.0% | |
| FX effect on cash | 16.0M+260.0% | -10.0M-300.0% | 5.00M+126.3% | -19.0M-375.0% | -4.00M-144.4% | |
| Net change in cash | -46.0M-132.4% | 142M+206.8% | -133M-49.4% | -89.0M-162.2% | 143M+0.7% | |
| Interest paid | 421M-0.2% | 422M+9.6% | 385M+1.3% | 380M-2.8% | 391M-15.6% | |
| Income taxes paid | 381M-5.5% | 403M+32.6% | 304M-19.1% | 376M+46.9% | 256M+1180.0% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 21.7B+20.4% | 18.0B+16.0% | 15.5B+12.2% | 13.8B-3.4% | 14.3B+19.2% | |
| P/E | 13.0×+2.1% | 12.7×+10.2% | 11.6×-33.7% | 17.4×+90.0% | 9.2× | |
| P/S | 1.2×+14.2% | 1.0×+2.3% | 1.0×+1.1% | 1.0×+1.8% | 1.0×+2.4% | |
| P/B | 1.2×+9.9% | 1.1×-1.8% | 1.1×+7.5% | 1.0×+24.5% | 0.8×+19.3% | |
| P/FCF | 8.0×+6.7% | 7.5×+63.2% | 4.6×+1.5% | 4.5×-32.1% | 6.7×-42.4% | |
| Earnings yield | 7.7%-2.1% | 7.8%-9.3% | 8.6%+50.8% | 5.7%-47.4% | 10.9% | |
| FCF yield | 12.4%-6.3% | 13.3%-38.7% | 21.7%-1.5% | 22.0%+47.3% | 14.9%+73.5% | |
| Dividend yield | 0.24%-19.6% | 0.30%-17.8% | 0.36%-16.2% | 0.43%-1.0% | 0.43%-22.1% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: L’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all L filings on SEC EDGAR → Not investment advice.