Loews Corporation, through its subsidiaries, provides commercial property and casualty insurance in the United States and internationally. The company offers specialty insurance products, such as management and professional liability and other coverage products; surety and fidelity bonds; professional liability coverages and risk management services to various professional firms, including architects, real estate agents, and accounting and law firms; standard and excess property, marine and boiler, machinery coverages, workers' compensation, general and product liability, commercial auto, umbrella, excess and surplus coverages, specialized loss-sensitive insurance programs, total risk management services relating to claim and information services; directors and officers, errors and omissions, employment practices, fiduciary, fidelity, and cyber coverages, as well as for small and mid-size firms, public and privately held firms, and not-for-profit organizations; and insurance products to serve the health care industry, including professional and general liability, as well as associated casualty coverage to aging services, allied medical facilities, dentists, physicians, nurses, and other medical practitioners. It also provides warranty and alternative risk, and run-off long-term care insurance products; ethane supply and transportation services for petrochemical customers, as well as transports and stores natural gas and natural gas liquids; operates a chain of hotels; develops, manufactures, and markets a range of extrusion blow-molded and injection molded plastic containers; and manufactures commodities and differentiated plastic resins. The company markets its insurance products and services through a network of retail and wholesale brokers, independent agents, brokers, and managing general underwriters. Loews Corporation was incorporated in 1969 and is headquartered in New York, New York.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $18.2B | - | $1.7B | $2.7B | 8.9% | 5.4% | 17.9% |
| 2024 | $17.2B | - | $1.4B | $2.4B | 8.3% | 10.0% | -1.4% |
| 2023 | $15.7B | - | $1.4B | $3.2B | 9.1% | 11.6% | 74.5% |
| 2022 | $14.1B | - | $822M | $2.7B | 5.7% | - | - |
| 2021 | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 14,050 | 15,678 | 17,239 | 18,176 |
| Operating Revenue | - | 14,050 | 15,678 | 17,239 | 18,176 |
| Total Expenses | - | 12,936 | 13,682 | 15,365 | 15,893 |
| EBIT | - | 1,492 | 2,372 | 2,315 | 2,720 |
| Interest Expense | - | 378 | 376 | 441 | 437 |
| Net Interest Income | - | -378 | -376 | -441 | -437 |
| Other Income Expense | - | 3,774 | 4,079 | 4,600 | 4,856 |
| Interest Expense Non Operating | - | 378 | 376 | 441 | 437 |
| Net Non Operating Interest Income Expense | - | -378 | -376 | -441 | -437 |
| Pretax Income | - | 1,114 | 1,996 | 1,874 | 2,283 |
| Tax Provision | - | 223 | 451 | 380 | 511 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 10.40 | 0 | 0 |
| Net Income Continuous Operations | - | 891 | 1,545 | 1,494 | 1,772 |
| Net Income From Continuing And Discontinued Operation | - | 822 | 1,434 | 1,414 | 1,667 |
| Net Income From Continuing Operation Net Minority Interest | - | 822 | 1,434 | 1,414 | 1,667 |
| Net Income | - | 822 | 1,434 | 1,414 | 1,667 |
| Net Income Common Stockholders | - | 822 | 1,434 | 1,414 | 1,667 |
| Net Income Including Noncontrolling Interests | - | 891 | 1,545 | 1,494 | 1,772 |
| Normalized Income | - | 822 | 1,398.40 | 1,414 | 1,667 |
| Diluted NI Availto Com Stockholders | - | 822 | 1,434 | 1,414 | 1,667 |
| Basic Average Shares | - | 242.83 | 227.48 | 220.53 | 208.96 |
| Diluted Average Shares | - | 243.28 | 227.81 | 220.53 | 209.10 |
| Reconciled Depreciation | - | 509 | 538 | 583 | 610 |
| Total Unusual Items | 555 | - | 46 | - | - |
| Total Unusual Items Excluding Goodwill | 555 | - | 46 | - | - |
| Minority Interests | - | -69 | -111 | -80 | -105 |
| Special Income Charges | 555 | - | 46 | - | - |
| Other Special Charges | -555 | - | - | - | - |
| Restructuring And Mergern Acquisition | - | - | -46 | - | - |
| Other Operating Expenses | - | 4,548 | 4,937 | 5,717 | 5,616 |
| Loss Adjustment Expense | - | 6,653 | 7,068 | 7,738 | 8,294 |
| Net Policyholder Benefits And Claims | - | 6,653 | 7,068 | 7,738 | 8,294 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Loews Corporationthis co. | L | $21.6B | 12.96 | 1.16 | 8.9% | - |
| W. R. Berkley Corporation | WRB | $24.7B | 13.87 | 2.54 | 18.3% | - |
| Willis Towers Watson Public Limited Company | WTW | $24.4B | 15.22 | 3.06 | 20.1% | 10.72 |
| Regions Financial Corporation | RF | $24.3B | 11.25 | 1.37 | 12.2% | - |
| Synchrony Financial | SYF | $23.8B |
| - |
| - |
| - |
| - |
| 6.86 |
| 1.42 |
| 20.7% |
| - |
| KeyCorp | KEY | $23.5B | 12.85 | 1.31 | 10.2% | - |
| T. Rowe Price Group, Inc. | TROW | $22.9B | 11.25 | 2.11 | 18.8% | 6.48 |
| Principal Financial Group, Inc. | PFG | $22.4B | 18.87 | 1.88 | 10.0% | - |
| Brown & Brown, Inc. | BRO | $19.4B | 18.65 | 1.55 | 8.3% | 12.86 |
| Peer Median | - | 13.36 | 1.72 | 15.3% | 10.72 | |
Historically, Nov has averaged the highest return (+5.1%); Sep the lowest (-2.2%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.2%Neutral MonthJan 2026: +0.25% | +4.2%Positive MonthFeb 2026: +4.22% | -3.0%Negative MonthMar 2026: -2.98% | +5.5%Positive MonthApr 2026: +5.50% | -8.0%Negative MonthMay 2026: -8.05% | +9.3%Positive MonthJun 2026: +9.33% | +2.5%Positive MonthJul 2026: +2.47% | -4.2%*Negative MonthAug 2026: -4.15% | — | — | — | — |
| 2025 | +0.9%Neutral MonthJan 2025: +0.90% | +1.4%Neutral MonthFeb 2025: +1.43% | +6.0%Positive MonthMar 2025: +6.05% | -5.5%Negative MonthApr 2025: -5.53% | +2.8%Positive MonthMay 2025: +2.83% | +2.7%Positive MonthJun 2025: +2.65% | -1.2%Neutral MonthJul 2025: -1.22% | +6.9%Positive MonthAug 2025: +6.91% | +3.7%Positive MonthSep 2025: +3.71% | -0.8%Neutral MonthOct 2025: -0.83% | +8.3%Positive MonthNov 2025: +8.35% | -2.4%Negative MonthDec 2025: -2.37% |
| 2024 | +4.7%Positive MonthJan 2024: +4.70% | +3.1%Positive MonthFeb 2024: +3.12% | +4.2%Positive MonthMar 2024: +4.21% | -4.0%Negative MonthApr 2024: -4.01% | +2.2%Positive MonthMay 2024: +2.20% | -2.7%Negative MonthJun 2024: -2.68% | +7.0%Positive MonthJul 2024: +6.97% | +2.5%Positive MonthAug 2024: +2.49% | -3.5%Negative MonthSep 2024: -3.53% | -0.1%Neutral MonthOct 2024: -0.11% | +9.8%Positive MonthNov 2024: +9.84% | -2.4%Negative MonthDec 2024: -2.35% |
| 2023 | +5.4%Positive MonthJan 2023: +5.40% | -0.6%Neutral MonthFeb 2023: -0.63% | -5.0%Negative MonthMar 2023: -5.03% | -0.8%Neutral MonthApr 2023: -0.78% | -2.7%Negative MonthMay 2023: -2.73% | +6.0%Positive MonthJun 2023: +6.04% | +5.5%Positive MonthJul 2023: +5.51% | -0.9%Neutral MonthAug 2023: -0.89% | +2.0%Neutral MonthSep 2023: +1.96% | +1.1%Neutral MonthOct 2023: +1.11% | +9.8%Positive MonthNov 2023: +9.81% | -1.0%Neutral MonthDec 2023: -1.00% |
| 2022 | +3.3%Positive MonthJan 2022: +3.29% | +2.8%Positive MonthFeb 2022: +2.82% | +5.7%Positive MonthMar 2022: +5.67% | -3.1%Negative MonthApr 2022: -3.05% | +4.2%Positive MonthMay 2022: +4.22% | -9.5%Negative MonthJun 2022: -9.51% | -1.7%Neutral MonthJul 2022: -1.70% | -5.0%Negative MonthAug 2022: -5.05% | -9.9%Negative MonthSep 2022: -9.89% | +14.4%Positive MonthOct 2022: +14.41% | +2.0%Neutral MonthNov 2022: +1.98% | +0.3%Neutral MonthDec 2022: +0.31% |
| 2021 | — | — | — | — | +4.7%Positive MonthMay 2021: +4.72% | -6.4%Negative MonthJun 2021: -6.39% | -1.9%Neutral MonthJul 2021: -1.87% | +4.2%Positive MonthAug 2021: +4.18% | -3.5%Negative MonthSep 2021: -3.47% | +4.0%Positive MonthOct 2021: +3.97% | -4.7%Negative MonthNov 2021: -4.65% | +8.0%Positive MonthDec 2021: +8.04% |
| Avg±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation — the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position — all Januaries together, all Februaries together, and so on — to show whether a given month has leaned positive or negative historically. ‘Simple’ counts each month as +1 or −1. ‘Weighted’ gives larger moves more influence: +2 above +10%, −2 below −10%. With only 6 years of history for this asset, each month’s score reflects a small number of observations — read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the asset’s full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each day’s closing price by the price on January 1st of that year (or the asset’s first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen — at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in “Average from”, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.