Loews Financial Statements
NYSE: LFinanceProperty-Casualty InsurersUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Loews revenue and earnings
In fiscal 2025, Loews generated $18.45 billion in revenue, up 5.4% from fiscal 2024, its 3rd consecutive year of revenue growth. Net income was $1.67 billion (+17.9% year over year), for a net margin of 9.0% versus a median of 8.1% in the prior 5 years. Diluted earnings per share came in at $7.97, up from $6.41.
Over the last 5 fiscal years, L's revenue has grown at a 8.0% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Loews income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 18.45B | 17.51B | 15.90B | 14.04B | 14.66B | 12.58B | 14.93B | 14.07B | 13.73B | 13.11B |
| Revenue growth (YoY) | +5.39% | +10.12% | +13.22% | -4.18% | +16.48% | -15.73% | +6.15% | +2.41% | +4.81% | -2.31% |
| Cost of Revenue | — | — | — | — | — | — | 1.08B | 923.00M | 299.00M | 271.00M |
| Gross Profit | — | — | — | — | — | — | 13.85B | 13.14B | 13.44B | 12.83B |
| Operating Expenses | 16.17B | 15.64B | 13.90B | 12.93B | 12.50B | 14.05B | 13.81B | 13.23B | 12.15B | 12.17B |
| Interest Expense | 437.00M | 441.00M | 376.00M | 378.00M | 424.00M | 515.00M | 591.00M | 574.00M | 646.00M | 536.00M |
| Pretax Income | 2.28B | 1.87B | 2.00B | 1.11B | 2.16B | -1.46B | 1.12B | 834.00M | 1.58B | 936.00M |
| Income Tax | 511.00M | 380.00M | 451.00M | 223.00M | 475.00M | -173.00M | 248.00M | 128.00M | 170.00M | 220.00M |
| Net Income | 1.67B | 1.41B | 1.43B | 822.00M | 1.56B | -931.00M | 932.00M | 636.00M | 1.16B | 654.00M |
| Net Income growth (YoY) | +17.89% | -1.39% | +74.45% | -47.38% | — | -199.89% | +46.54% | -45.36% | +77.98% | +151.54% |
| EPS (Basic) | 7.98 | 6.42 | 6.30 | 3.39 | 6.02 | -3.32 | 3.08 | 1.99 | 3.46 | 1.93 |
| EPS (Diluted) | 7.97 | 6.41 | 6.29 | 3.38 | 6.00 | -3.32 | 3.07 | 1.99 | 3.45 | 1.93 |
| Shares Outstanding (Basic) | 208.96M | 220.26M | 227.48M | 242.83M | 259.67M | 280.32M | 302.70M | 319.06M | 336.61M | 337.95M |
| Shares Outstanding (Diluted) | 209.10M | 220.53M | 227.81M | 243.28M | 260.20M | 280.32M | 303.35M | 319.93M | 337.50M | 338.31M |
| Gross Margin | — | — | — | — | — | — | 92.75% | 93.44% | 97.82% | 97.93% |
| Net Margin | 9.03% | 8.08% | 9.02% | 5.85% | 10.66% | -7.40% | 6.24% | 4.52% | 8.47% | 4.99% |
This table shows 10 annual periods of Loews's income statement, from FY 2025 back to FY 2016, across 14 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow L's reporting calendar. What is a income statement?