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Loews Corporation

L Financial Insurance Property & Casualty

Loews Corporation’s revenue for fiscal 2025 (year ended December 2025) was $18.5 billion, up 5.39% from fiscal 2024. In the quarter to June 2026, revenue grew 3.93%, EPS grew 15.5%, free cash flow fell 18.8% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for five consecutive years, revenue growth for three; insiders bought in the last twelve months.

110.39 1.60 +1.47%

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Market cap: $22.2B
P/E: 13.5×
Fwd P/E: 16.0×
Dividend yield: 0.23%
F-score: 7/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Insider Decisions trades per month

Total buys 1.05

Total sells 39.35

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	2	—	—	—	—	—
Sell	—	8	—	4	1	—	—	—	—	—	—	—

Insider Ownership 20.32%

Capital & Financial Ratios $m

Market Cap 22,240.00

Revenue 18,694.00

Net Income 1,789.00

Free Cash Flow 1,766.00

Net Debt 8,428.00

Current Ratio 0.25

Debt/Equity 0.45

P/E ratio 13.53

Fwd P/E 16.00

P/S ratio 1.21

P/B ratio 1.13

Past 5Y EPS Growth —

This Y EPS Growth —

Next Y EPS Growth —

Next Y revenue growth 259.89%

Next 5Y EPS Growth 14.03%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 36.16%

10-year low 10-year high

P/S against its own 10 years 90.20%

10-year low 10-year high

P/B against its own 10 years 95.06%

10-year low 10-year high

Dividends

Payout Ratio 0.03

Annual Dividend Rate 0.25

Annual Dividend Yield 0.23%

	total	individual payouts
2026	0.19	0.06 0.06 0.06
2025	2.10	0.06 0.06 0.06 0.06
2024	0.25	0.06 0.06 0.06 0.06
2023	0.25	0.06 0.06 0.06 0.06
2022	0.25	0.06 0.06 0.06 0.06
2021	0.25	0.06 0.06 0.06 0.06
2020	0.25	0.06 0.06 0.06 0.06
2019	0.25	0.06 0.06 0.06 0.06
2018	0.25	0.06 0.06 0.06 0.06
2017	0.79	0.06 0.06 0.06 0.06 0.54
2016	0.25	0.06 0.06 0.06 0.06

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	399	541	495	508
Receivables	9,660	10,522	10,983	11,723
Inventory	—	—	—	—
Other	—	—	—	—
	10,059	11,063	11,478	12,231

	2023	2024	2025	Q'26
Payables	44,275	45,590	47,735	48,961
ST’ Debt	1,084	5	1,052	22
Other	—	—	—	—
	45,359	45,595	48,787	48,983

Compound Annual Growth %

	10y	5y	3y
Sales	3.24%	7.96%	9.53%
Cash Flow	(0.78%)	13.45%	(0.35%)
Earnings	20.42%	0.00%	26.58%
Book Value	(1.48%)	0.48%	8.92%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	4,555	4,734	—	—	—
’25	4,494	4,555	4,671	4,734	18,454
’24	4,231	4,267	4,466	4,546	17,510
’23	3,783	3,934	3,926	4,258	15,901
’22	3,402	3,388	3,461	3,793	14,044
’21	3,622	4,003	3,371	3,661	14,657
’20	3,099	2,310	3,465	3,709	12,583

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	72	966	—	—	—
’25	736	1,006	920	617	3,279
’24	198	952	934	941	3,025
’23	719	1,434	1,277	477	3,907
’22	423	1,023	1,246	622	3,314
’21	134	409	1,133	947	2,623
’20	329	111	851	454	1,745

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(132)	708	—	—	—
’25	638	872	765	425	2,700
’24	62	793	794	744	2,393
’23	560	1,294	1,113	254	3,221
’22	302	832	1,137	399	2,670
’21	47	365	989	740	2,141
’20	96	(85)	743	346	1,100

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	1.63	2.16	—	—	—
’25	1.74	1.87	2.43	1.94	7.97
’24	2.05	1.67	1.82	0.86	6.41
’23	1.61	1.58	1.12	1.99	6.29
’22	1.36	0.73	(0.11)	1.53	4.16
’21	0.97	2.86	0.85	1.37	6.07
’20	(2.20)	(2.96)	0.50	1.45	(3.32)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	33.84	45.01	42.06	44.17	27.33	44.16	49.36	52.85	69.64	78.98	Analyst estimates 2026–2028 Powerpack
	High	48.05	51.02	53.59	56.20	56.88	59.39	68.20	70.88	87.45	109.06
People
People	Employees	15,800	18,100	17,900	18,605	12,200	10,340	12,050	12,280	13,000	13,100
	Revenue/emp, $m	0.83	0.76	0.79	0.80	1.03	1.42	1.17	1.29	1.35	1.41
Income, $m
Income, $m	Revenue	13,105	13,735	14,066	14,931	12,583	14,657	14,044	15,901	17,510	18,454
	Gross margin, %	59.69	61.34	60.39	61.11	50.97	56.53	52.63	55.55	55.81	55.06
	EBT	936	1,582	834	1,119	(1,464)	2,160	1,114	1,996	1,874	2,283
	EBT margin, %	7.14	11.52	5.93	7.49	(11.63)	14.74	7.93	12.55	10.70	12.37
	Net income	716	1,412	706	871	(1,291)	1,685	891	1,545	1,494	1,772
	Depreciation	814	834	842	854	667	434	380	347	383	402
Per share, $
Per share, $	Revenue	38.78	40.80	44.09	49.33	44.89	56.44	57.83	69.90	79.50	88.31
	Earnings	1.87	3.45	1.99	3.07	(3.32)	6.07	4.16	6.29	6.41	7.97
	Cash flow	6.67	7.69	13.23	5.75	6.23	10.10	13.65	17.18	13.73	15.69
	Capex	(3.31)	(2.83)	(2.76)	(2.98)	(2.30)	(1.86)	(2.65)	(3.02)	(2.87)	(2.77)
	Free cash flow	3.35	4.87	10.47	2.78	3.92	8.25	11.00	14.16	10.86	12.92
	Book value	69.13	72.98	67.03	72.45	68.43	73.84	62.60	72.64	81.44	93.99
	Shares, m	338	337	319	303	280	260	243	227	220	209
Valuation, ×
Valuation, ×	P/E	25.24	14.46	23.22	17.15	0.00	9.55	16.70	11.18	13.23	13.20
	P/S	1.22	1.22	1.03	1.06	1.00	1.02	1.01	1.01	1.07	1.19
	P/B	0.68	0.68	0.68	0.72	0.66	0.78	0.94	0.97	1.04	1.12
	EV/Sales	2.01	2.03	1.81	1.81	1.77	1.60	1.62	1.55	1.55	1.68
	EV/FCF	23.30	17.01	7.63	32.24	20.23	10.96	8.51	7.65	11.31	11.48
Cash, $m
Cash, $m	Operating cash flow	2,253	2,590	4,222	1,741	1,745	2,623	3,314	3,907	3,025	3,279
	Capex	(1,120)	(952)	(882)	(901)	(645)	(482)	(644)	(686)	(632)	(579)
	Free cash flow	1,133	1,638	3,340	840	1,100	2,141	2,670	3,221	2,393	2,700
Balance, $m
Balance, $m	Working capital	(28,720)	(29,467)	(28,458)	(30,788)	(32,961)	(33,460)	(33,026)	(35,300)	(34,532)	(37,309)
	Total debt	10,778	11,533	11,376	11,533	10,109	9,079	9,019	9,003	8,944	9,489
	Net debt	10,451	11,061	10,971	11,197	9,631	8,458	8,487	8,604	8,403	8,994
	Shareholders’ equity	23,361	24,566	21,386	21,930	19,181	19,175	15,201	16,525	17,937	19,641
Returns, %
Returns, %	ROA	0.86	1.49	0.81	1.16	(1.15)	1.93	1.05	1.85	1.75	1.98
	ROIC	2.72	3.91	2.72	3.23	(2.06)	5.84	3.94	5.90	5.49	5.94
	ROE	2.83	4.86	2.77	4.30	(4.53)	8.14	4.78	9.04	8.21	8.87

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
ALL The Allstate Corporation	$60.6B	4.9×	8.0×	+11.80% (above 0%: growing)	+61.07% (above 0%: growing)	+38.26% (above 0%: growing)	46.58%	22.83%	Compare
WRB W.R. Berkley Corporation	$27.5B	15.3×	14.2×	+1.23% (above 0%: growing)	+14.85% (above 0%: growing)	+6.14% (above 0%: growing)	47.24%	16.33%	Compare
CINF Cincinnati Financial Corporation	$25.7B	8.0×	19.7×	+31.59% (above 0%: growing)	+85.84% (above 0%: growing)	−5.29% (below 0%: shrinking)	37.46%	37.20%	Compare
MKL Markel Group Inc.	$22.6B	10.1×	12.8×	+12.67% (above 0%: growing)	+86.91% (above 0%: growing)	−15.25% (below 0%: shrinking)	62.92%	30.09%	Compare
L Loews Corporation	$22.2B	13.5×	16.0×	+3.93% (above 0%: growing)	+15.51% (above 0%: growing)	−18.81% (below 0%: shrinking)	54.18%	15.10%
AIZ Assurant, Inc.	$13.9B	13.4×	12.9×	+9.37% (above 0%: growing)	+30.00% (above 0%: growing)	+99.03% (above 0%: growing)	78.34%	11.73%	Compare
CNA CNA Financial Corporation	$12.8B	10.5×	10.9×	+3.01% (above 0%: growing)	+7.27% (above 0%: growing)	+16.91% (above 0%: growing)	43.35%	11.44%	Compare
AFG American Financial Group, Inc.	$12.1B	13.0×	11.3×	+5.51% (above 0%: growing)	+44.44% (above 0%: growing)	−68.13% (below 0%: shrinking)	23.15%	16.75%	Compare
ORI Old Republic International Corporation	$9.3B	8.5×	11.7×	+13.37% (above 0%: growing)	+61.45% (above 0%: growing)	+49.25% (above 0%: growing)	17.62%	17.62%	Compare
Median of peers	$18.3B	10.3×	12.3×	+10.59%	+52.76%	+11.53%	44.97%	17.19%

All 45 Insurance Property & Casualty stocks →