
Last update at 2026-06-05T17:57:00Z
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Stocks making the biggest moves midday: Berkshire Hathaway, Skechers, Tyson Foods and more
Mon 05 May 25, 04:23 PMLoews first-quarter profit falls on higher catastrophe losses
Mon 05 May 25, 12:45 PMStocks making the biggest moves premarket: Howard Hughes, Sunoco, Netflix and more
Mon 05 May 25, 12:25 PMLoews (NYSE:L) Reports FY 2024 Revenue Increase To US$17,510 Million
Wed 09 Apr 25, 06:32 PMLoews Full Year 2024 Earnings: EPS: US$6.41 (vs US$6.30 in FY 2023)
Tue 11 Feb 25, 10:03 AMLoews Q4: Earnings Take A Hit On Pension Charge, But Pipelines And Buybacks Offer Silver Lining
Mon 10 Feb 25, 02:08 PMLoews fourth-quarter profit falls on insurance unit woes
Mon 10 Feb 25, 12:18 PMLoews Just Dropped a $187M Bombshell--But Its $3.3B War Chest Has Investors Watching
Mon 10 Feb 25, 11:57 AM| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | 1381.00M | 2182.00M | -1464.00000M | 1119.00M | 834.00M |
| Minority interest | 91.00M | 125.00M | -360.00000M | -61.00000M | 70.00M |
| Net income | 1012.00M | 1578.00M | -1291.00000M | 932.00M | 636.00M |
| Selling general administrative | - | - | - | 4851.00M | 4806.00M |
| Selling and marketing expenses | - | - | - | - | - |
| Gross profit | 14044.00M | 14117.00M | 13794.00M | 14931.00M | 14066.00M |
| Reconciled depreciation | 509.00M | 515.00M | 734.00M | 943.00M | 912.00M |
| Ebit | 652.00M | -1506.00000M | -5289.00000M | -3919.00000M | 1338.00M |
| Ebitda | 1161.00M | -991.00000M | -4555.00000M | -2976.00000M | 2250.00M |
| Depreciation and amortization | 509.00M | 515.00M | 734.00M | 943.00M | 912.00M |
| Non operating income net other | - | - | - | - | - |
| Operating income | 652.00M | -1506.00000M | -5289.00000M | -3919.00000M | 1338.00M |
| Other operating expenses | 12663.00M | 11935.00M | 15258.00M | 13812.00M | 13232.00M |
| Interest expense | 378.00M | 424.00M | 515.00M | 591.00M | 574.00M |
| Tax provision | 278.00M | 479.00M | -173.00000M | 248.00M | 128.00M |
| Interest income | 355.00M | 428.00M | 515.00M | 591.00M | 574.00M |
| Net interest income | -378.00000M | -424.00000M | -515.00000M | -591.00000M | -574.00000M |
| Extraordinary items | - | - | - | - | - |
| Non recurring | - | - | - | - | - |
| Other items | - | - | - | - | - |
| Income tax expense | 278.00M | 479.00M | -173.00000M | 248.00M | 128.00M |
| Total revenue | 14044.00M | 14117.00M | 13794.00M | 14931.00M | 14066.00M |
| Total operating expenses | 3077.00M | -15623.00000M | -19083.00000M | -18850.00000M | 12658.00M |
| Cost of revenue | - | - | - | 8271.00M | 7830.00M |
| Total other income expense net | 729.00M | 3688.00M | 3825.00M | 5038.00M | 4994.00M |
| Discontinued operations | - | - | - | - | - |
| Net income from continuing ops | 1103.00M | 2661.00M | -1291.00000M | 871.00M | 706.00M |
| Net income applicable to common shares | 1012.00M | 1578.00M | -931.00000M | 932.00M | 636.00M |
| Preferred stock and other adjustments | - | - | - | - | - |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Total assets | 81943.00M | 79197.00M | 75494.00M | 81626.00M | 80236.00M |
| Intangible assets | 147.00M | 151.00M | 111.00M | 109.00M | 610.00M |
| Earning assets | - | - | - | - | - |
| Other current assets | - | 10134.00M | 5819.00M | -40317.00000M | -41497.00000M |
| Total liab | 64006.00M | 62672.00M | 60016.00M | 62451.00M | 61055.00M |
| Total stockholder equity | 17066.00M | 15704.00M | 14598.00M | 17846.00M | 17860.00M |
| Deferred long term liab | - | - | 243.00M | 1079.00M | 1065.00M |
| Other current liab | - | 102.00M | -133.00000M | -183.00000M | -129.00000M |
| Common stock | 2.00M | 2.00M | 2.00M | 2.00M | 3.00M |
| Capital stock | 2.00M | 2.00M | 2.00M | 2.00M | 3.00M |
| Retained earnings | 16459.00M | 15617.00M | 15144.00M | 14776.00M | 14150.00M |
| Other liab | - | - | 18994.00M | 22984.00M | 22528.00M |
| Good will | 347.00M | 347.00M | 346.00M | 349.00M | 785.00M |
| Other assets | 14468.00M | 73752.00M | 16556.00M | -40317.00000M | -41497.00000M |
| Cash | 541.00M | 399.00M | 532.00M | 621.00M | 478.00M |
| Cash and equivalents | - | - | - | - | - |
| Total current liabilities | 115.00M | 1265.00M | 5568.00M | 183.00M | 129.00M |
| Current deferred revenue | - | -1163.00000M | 4714.00M | - | - |
| Net debt | 8403.00M | 8604.00M | 8487.00M | 8458.00M | 9631.00M |
| Short term debt | 5.00M | 1084.00M | 854.00M | 93.00M | 37.00M |
| Short long term debt | 5.00M | 1084.00M | 854.00M | 93.00M | 37.00M |
| Short long term debt total | 8944.00M | 9003.00M | 9019.00M | 9079.00M | 10109.00M |
| Other stockholder equity | 2472.00M | 2582.00M | 2736.00M | 2882.00M | 3126.00M |
| Property plant equipment | - | - | 10027.00M | 9888.00M | 10451.00M |
| Total current assets | 16964.00M | 399.00M | 2810.00M | 58750.00M | 57208.00M |
| Long term investments | 50017.00M | 48246.00M | 46768.00M | 53938.00M | 53844.00M |
| Net tangible assets | - | - | 14252.00M | 17497.00M | 17075.00M |
| Short term investments | 6359.00M | 44821.00M | 42481.00M | 49233.00M | 49278.00M |
| Net receivables | 10064.00M | 9214.00M | 9000.00M | 8896.00M | 7452.00M |
| Long term debt | 8939.00M | 7919.00M | 8165.00M | 8986.00M | 10072.00M |
| Inventory | - | -62419.00000M | - | - | - |
| Accounts payable | 110.00M | 79.00M | 133.00M | 90.00M | 92.00M |
| Total permanent equity | - | - | - | - | - |
| Noncontrolling interest in consolidated entity | - | - | 880.00M | 1329.00M | 1321.00M |
| Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
| Accumulated other comprehensive income | -1867.00000M | -2497.00000M | -3284.00000M | 186.00M | 581.00M |
| Additional paid in capital | - | - | - | - | - |
| Common stock total equity | - | - | 2.00M | 2.00M | 3.00M |
| Preferred stock total equity | - | - | - | - | - |
| Retained earnings total equity | - | - | 15144.00M | 14776.00M | 14150.00M |
| Treasury stock | - | - | - | -3.00000M | -7.00000M |
| Accumulated amortization | - | - | - | - | - |
| Non currrent assets other | 57586.00M | 74007.00M | -141.00000M | -150.00000M | -225.00000M |
| Deferred long term asset charges | - | - | - | - | - |
| Non current assets total | 64979.00M | 78798.00M | 56128.00M | 63193.00M | 64525.00M |
| Capital lease obligations | - | - | - | - | - |
| Long term debt total | - | - | 8165.00M | 8986.00M | 10072.00M |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Investments | -1975.00000M | -2821.00000M | -1747.00000M | -1301.00000M | -4.00000M |
| Change to liabilities | - | - | 1928.00M | 3360.00M | 1937.00M |
| Total cashflows from investing activities | - | - | -2347.00000M | -1187.00000M | -1414.00000M |
| Net borrowings | - | - | -67.00000M | 6.00M | 933.00M |
| Total cash from financing activities | -898.00000M | -1300.00000M | -1037.00000M | -1289.00000M | -198.00000M |
| Change to operating activities | - | - | 1458.00M | 2384.00M | 1381.00M |
| Net income | 1494.00M | 1545.00M | 1103.00M | 1703.00M | -1291.00000M |
| Change in cash | 142.00M | -133.00000M | -89.00000M | 143.00M | 142.00M |
| Begin period cash flow | 399.00M | 532.00M | 621.00M | 478.00M | 336.00M |
| End period cash flow | 541.00M | 399.00M | 532.00M | 621.00M | 478.00M |
| Total cash from operating activities | 3025.00M | 3907.00M | 3314.00M | 2623.00M | 1745.00M |
| Issuance of capital stock | - | - | - | - | - |
| Depreciation | 583.00M | 538.00M | 509.00M | 515.00M | 734.00M |
| Other cashflows from investing activities | -14.00000M | -378.00000M | 60.00M | 596.00M | -700.00000M |
| Dividends paid | 55.00M | 57.00M | 61.00M | 65.00M | 70.00M |
| Change to inventory | - | - | - | - | - |
| Change to account receivables | -929.00000M | -268.00000M | -316.00000M | -1409.00000M | -425.00000M |
| Sale purchase of stock | -608.00000M | -849.00000M | -729.00000M | -1136.00000M | -923.00000M |
| Other cashflows from financing activities | -163.00000M | -294.00000M | 393.00M | -94.00000M | -138.00000M |
| Change to netincome | - | - | 689.00M | -489.00000M | 1413.00M |
| Capital expenditures | 632.00M | 686.00M | 660.00M | 482.00M | 710.00M |
| Change receivables | - | - | -316.00000M | -1409.00000M | -425.00000M |
| Cash flows other operating | - | - | -470.00000M | -976.00000M | -556.00000M |
| Exchange rate changes | - | - | - | - | - |
| Cash and cash equivalents changes | - | - | -70.00000M | 147.00M | 133.00M |
| Change in working capital | 1080.00M | 1708.00M | 1301.00M | 926.00M | 385.00M |
| Stock based compensation | - | 36.00M | 34.00M | -724.00000M | 2158.00M |
| Other non cash items | -87.00000M | -47.00000M | 396.00M | -10.00000M | -6.00000M |
| Free cash flow | 2393.00M | 3221.00M | 2654.00M | 2141.00M | 1035.00M |
Sector: Financial Services Industry: Insurance - Property & Casualty
| Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) |
|---|---|---|---|---|---|---|---|
| L Loews Corp |
2.22 2.11% | 107.24 | 14.65 | - | 1.05 | 1.09 | 1.55 |
| CB Chubb Ltd |
12.30 3.91% | 326.81 | 12.85 | 12.20 | 2.16 | 1.74 | 2.48 |
| PGR Progressive Corp |
7.88 4.03% | 203.26 | 34.22 | 20.33 | 1.55 | 5.46 | 1.70 |
| ALL The Allstate Corporation |
9.34 4.43% | 220.18 | 5.68 | 8.60 | 0.83 | 1.94 | 0.96 |
| TKOMF Tokio Marine Holdings Inc. |
- -% | 44.39 | 14.81 | 10.00 | 0.0069 | 1.59 | 0.0064 |
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 and machinery coverages, workers' compensation, general and product liability, commercial auto, umbrella, and excess and surplus coverages, and specialized loss-sensitive insurance programs and 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. The company markets its insurance products and services through independent agents, brokers, and managing general underwriters. In addition, it engages in the transportation and storage of natural gas and natural gas liquids; and provision of ethane supply and transportation services for industrial customers in Louisiana and Texas, as well as operates a chain of 25 hotels. Further, the company develops, manufactures, and markets a range of extrusion blow-molded and injection molded plastic containers, as well as manufactures commodity and differentiated plastic resins. Loews Corporation was incorporated in 1969 and is headquartered in New York, New York.
9 West 57th Street, New York, NY, United States, 10019-2714
| Name | Title | Year Born |
|---|---|---|
| Mr. Jonathan M. Tisch | Co-Chairman & Member of the Office of the Pres | 1954 |
| Mr. James S. Tisch | Pres, CEO & Director | 1953 |
| Mr. Kenneth I. Siegel | Sr. VP | 1957 |
| Ms. Jane J. Wang | Sr. VP & CFO | 1982 |
| Mr. Richard Waldo Scott | Sr. VP & Chief Investment Officer | 1953 |
| Mr. Mark S. Schwartz | VP, Chief Accounting Officer & Treasurer | NA |
| Mr. Marc A. Alpert J.D. | Sr. VP, Gen. Counsel & Corp. Sec. | 1963 |
| Mr. Benjamin J. Tisch | Sr. VP of Corp. Devel. & Strategy | 1983 |
| Mr. Ira Altman | VP of HR | NA |
| Mr. Peter W. Keegan | Sr. Advisor to the Pres | 1945 |
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