Loews Corporation (L)

NYSE: L · Fire, Marine & Casualty Insurance · New York, NY · filing with the SEC since 1994

Grade5.5

◀ Past 6.8● Present 5.1▶ Future 3.8

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 10, 2026	Feb 11, 2025	Feb 6, 2024	Feb 7, 2023	Feb 8, 2022	Feb 9, 2021	Feb 12, 2020	Feb 13, 2019	Feb 15, 2018	Feb 16, 2017
Revenue	18,454	17,510	15,901	14,044	14,657	12,583	14,931	14,066	13,735	13,105
For lenders
Provision for credit losses	·	·	·	8	-10	21	·	·	·	·
For insurers
Premiums earned	10,900	10,211	9,480	8,667	8,175	7,649	7,428	7,312	6,988	6,924
Net investment income	2,779	2,780	2,395	1,802	2,259	1,995	2,355	1,817	2,182	2,135
Benefits, claims and losses	8,294	7,738	7,068	6,653^r	6,371^r	6,170	5,806	5,572	5,310	5,283
Total benefits, losses and expenses	16,171	15,636	13,905	12,930^r	12,497^r	14,047	13,812	13,232	12,153	12,169
Cost of revenue	·	·	·	·	·	·	1,082	923	299	271
Interest expense	437	441	376	378	424	515	591	574	646	536
Share of profit of equity-method investments	74	58	120	139	26	-73	69	73	81	41
Income before income taxes	2,283	1,874	1,996	1,114^r	2,160^r	-1,464	1,119	834	1,582	936
Income tax expense	511	380	451	223^r	475^r	-173	248	128	170	220
Income from continuing operations	·	·	·	·	·	·	·	·	·	654
Net income including non-controlling interests	1,772	1,494	1,545	891^r	1,685^r	-1,291	871	706	1,412	716
Net income to non-controlling interests	105	80	111	69^r	123^r	-360	-61	70	248	62
Net income	1,667	1,414	1,434	822^r	1,562^r	-931	932	636	1,164	654
Earnings per share, basic	7.98	6.42	6.30	3.39^r	6.02^r	-3.32	3.08	1.99	3.46	1.93
Earnings per share, diluted	7.97	6.41	6.29	3.38^r	6.00^r	-3.32	3.07	1.99	3.45	1.93
Earnings per share, basic and diluted	·	·	·	·	·	·	·	·	·	1.93
Weighted average shares, basic	208,960	220,260	227,480	242,830	259,670	280,320	302,700	319,060	336,610	337,950
Weighted average shares, diluted	209,100	220,530	227,810	243,280	260,200	280,320	303,350	319,930	337,500	338,310

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:Revenues

Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanLossesExpensed

Premiums earned insurance premiums earned in the periodus-gaap:PremiumsEarnedNet

Net investment income what its investments earnedus-gaap:NetInvestmentIncome

Benefits, claims and losses what it paid or set aside for claimsus-gaap:PolicyholderBenefitsAndClaimsIncurredNet

Total benefits, losses and expenses claims and every other cost togetherus-gaap:BenefitsLossesAndExpenses

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold

Interest expense what its borrowing costus-gaap:InterestExpense

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Income before income taxes profit before tax

us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperations

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton L · research, not advice