Loews Corporation (L)
NYSE: L · Real-Time Price · USD
82.76
-0.22 (-0.27%)
Feb 21, 2025, 4:00 PM EST - Market closed
Loews Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2015 |
|---|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2019 - 2015 |
| Premiums & Annuity Revenue | 10,211 | 9,480 | 8,667 | 8,175 | 7,649 | Upgrade
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| Total Interest & Dividend Income | 2,416 | 2,180 | 1,805 | 1,861 | 1,780 | Upgrade
|
| Gain (Loss) on Sale of Investments | 12 | -15 | -196 | 683 | -1,158 | Upgrade
|
| Non-Insurance Activities Revenue | 1,609 | 1,624 | 1,574 | 1,430 | 1,252 | Upgrade
|
| Other Revenue | 3,262 | 2,632 | 2,194 | 2,508 | 3,060 | Upgrade
|
| Total Revenue | 17,510 | 15,901 | 14,044 | 14,657 | 12,583 | Upgrade
|
| Revenue Growth (YoY) | 10.12% | 13.22% | -4.18% | 16.48% | -15.73% | Upgrade
|
| Policy Benefits | 7,738 | 7,068 | 6,653 | 6,371 | 6,170 | Upgrade
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| Policy Acquisition & Underwriting Costs | 1,798 | 1,644 | 1,490 | 1,443 | 1,410 | Upgrade
|
| Selling, General & Administrative | 4,170 | 3,381 | 3,052 | 2,957 | 3,916 | Upgrade
|
| Non-Insurance Activities Expense | 1,547 | 1,544 | 1,471 | 1,328 | 1,159 | Upgrade
|
| Total Operating Expenses | 15,253 | 13,637 | 12,666 | 12,099 | 12,655 | Upgrade
|
| Operating Income | 2,257 | 2,264 | 1,378 | 2,558 | -72 | Upgrade
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| Interest Expense | -441 | -376 | -378 | -424 | -515 | Upgrade
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| Earnings From Equity Investments | 58 | 120 | 139 | 26 | -73 | Upgrade
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| EBT Excluding Unusual Items | 1,874 | 2,008 | 1,139 | 2,160 | -660 | Upgrade
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| Asset Writedown | - | -12 | -25 | - | -804 | Upgrade
|
| Pretax Income | 1,874 | 1,996 | 1,114 | 2,160 | -1,464 | Upgrade
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| Income Tax Expense | 380 | 451 | 223 | 475 | -173 | Upgrade
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| Earnings From Continuing Ops. | 1,494 | 1,545 | 891 | 1,685 | -1,291 | Upgrade
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| Net Income to Company | 1,494 | 1,545 | 891 | 1,685 | -1,291 | Upgrade
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| Minority Interest in Earnings | -80 | -111 | -69 | -123 | 360 | Upgrade
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| Net Income | 1,414 | 1,434 | 822 | 1,562 | -931 | Upgrade
|
| Net Income to Common | 1,414 | 1,434 | 822 | 1,562 | -931 | Upgrade
|
| Net Income Growth | -1.39% | 74.45% | -47.38% | - | - | Upgrade
|
| Shares Outstanding (Basic) | 220 | 227 | 243 | 260 | 280 | Upgrade
|
| Shares Outstanding (Diluted) | 221 | 228 | 243 | 260 | 280 | Upgrade
|
| Shares Change (YoY) | -3.20% | -6.36% | -6.50% | -7.18% | -7.59% | Upgrade
|
| EPS (Basic) | 6.42 | 6.30 | 3.39 | 6.02 | -3.32 | Upgrade
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| EPS (Diluted) | 6.41 | 6.29 | 3.38 | 6.00 | -3.32 | Upgrade
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| EPS Growth | 1.91% | 86.09% | -43.67% | - | - | Upgrade
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| Free Cash Flow | 2,393 | 3,221 | 2,654 | 2,141 | 1,035 | Upgrade
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| Free Cash Flow Per Share | 10.85 | 14.14 | 10.91 | 8.23 | 3.69 | Upgrade
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| Dividend Per Share | 0.250 | 0.250 | 0.250 | 0.250 | 0.250 | Upgrade
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| Operating Margin | 12.89% | 14.24% | 9.81% | 17.45% | -0.57% | Upgrade
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| Profit Margin | 8.08% | 9.02% | 5.85% | 10.66% | -7.40% | Upgrade
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| Free Cash Flow Margin | 13.67% | 20.26% | 18.90% | 14.61% | 8.23% | Upgrade
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| EBITDA | 2,840 | 2,802 | 1,890 | 3,073 | 662 | Upgrade
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| EBITDA Margin | 16.22% | 17.62% | 13.46% | 20.97% | 5.26% | Upgrade
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| D&A For EBITDA | 583 | 538 | 512 | 515 | 734 | Upgrade
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| EBIT | 2,257 | 2,264 | 1,378 | 2,558 | -72 | Upgrade
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| EBIT Margin | 12.89% | 14.24% | 9.81% | 17.45% | -0.57% | Upgrade
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| Effective Tax Rate | 20.28% | 22.60% | 20.02% | 21.99% | - | Upgrade
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| Revenue as Reported | 17,510 | 15,901 | 14,044 | 14,657 | 12,583 | Upgrade
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Source: S&P Capital IQ. Insurance template. Financial Sources.