Chubb Limited (CB) vs Loews Corporation (L)

Chubb Limited and Loews Corporation are both Insurance Property & Casualty companies. Chubb Limited is the larger, with a market value of $129.3B against $21.5B — 6.0× the size. Chubb Limited trades at the lower P/E: 11.7× against 12.8×. Chubb Limited grew revenue faster over the last twelve months: 8.02% against 3.50%. Chubb Limited has the higher net margin (18.1% vs 9.02%) and the higher return on invested capital (9.52% vs 6.03%). Both pay a dividend; Chubb Limited yields more (1.46% vs 0.35%). Across the 23 metrics below, Chubb Limited leads on 17 and Loews Corporation on 6.

Valuation

Metric CB L Insurance Property & Casualty median
P/E 11.68 12.85 10.29
P/S 2.09 1.15 1.17
P/B 1.60 1.08 1.83
Price to free cash flow 8.40 12.20 7.48
EV/EBITDA 9.83 10.91 7.49
EV/Sales 2.39 1.60 1.13
Earnings yield 8.56% 7.78% 9.50%
Free cash flow yield 11.91% 8.20% 13.29%

Profitability

Metric CB L Insurance Property & Casualty median
Gross margin 31.02% 54.39% 41.16%
Operating margin 24.55% 14.69% 15.09%
Net margin 18.10% 9.02% 11.51%
Free cash flow margin 24.88% 9.45% 17.59%
Return on equity 14.41% 8.78% 18.19%
Return on assets 4.12% 1.96% 3.74%
Return on invested capital 9.52% 6.03% 12.06%

Growth

Metric CB L Insurance Property & Casualty median
Revenue growth (TTM) 8.02% 3.50% 8.69%
EPS growth (last fiscal year) 13.13% 24.34% —
Revenue growth, 5-year CAGR 10.54% 7.96% 9.23%
Net income growth, 5-year CAGR 23.89% 0.00% 10.09%

Health

Metric CB L Insurance Property & Casualty median
Debt to equity 0.27 0.45 0.25
Current ratio 0.25 0.25 0.42
Net debt to EBITDA 1.31 2.88 0.08

Dividend

Metric CB L Insurance Property & Casualty median
Dividend yield 1.46% 0.35% 2.79%
Payout ratio 0.24 0.05 0.27

Size

Metric CB L Insurance Property & Casualty median
Market cap 129.34b 21.48b 2.44b

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