Loews Corporation (L)

Income Statement (Annual)

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011 - 1994
Revenue	14,657	12,583	14,931	14,066	13,735	13,105	13,415	14,325	14,613	14,072	Upgrade
Revenue Growth (YoY)	16.48%	-15.73%	6.15%	2.41%	4.81%	-2.31%	-6.35%	-1.97%	3.84%	-0.40%	Upgrade
Cost of Revenue	9,120	8,739	8,271	7,830	6,842	6,789	8,152	8,432	8,741	8,540	Upgrade
Gross Profit	5,537	3,844	6,660	6,236	6,893	6,316	5,263	5,893	5,872	5,532	Upgrade
Selling, General & Admin	2,931	4,793	4,950	4,828	4,665	4,844	4,499	3,585	3,170	3,084	Upgrade
Operating Expenses	2,931	4,793	4,950	4,828	4,665	4,844	4,499	3,585	3,170	3,084	Upgrade
Operating Income	2,606	-949	1,710	1,408	2,228	1,472	764	2,308	2,702	2,448	Upgrade
Interest Expense / Income	424	515	591	574	646	536	520	498	425	426	Upgrade
Other Expense / Income	125	-360	-61	70	248	62	27	762	1,026	941	Upgrade
Pretax Income	2,057	-1,104	1,180	764	1,334	874	217	1,048	1,251	1,081	Upgrade
Income Tax	479	-173	248	128	170	220	-43	457	656	513	Upgrade
Net Income	1,578	-931	932	636	1,164	654	260	591	595	568	Upgrade
Net Income Common	1,578	-931	932	636	1,164	654	260	591	595	568	Upgrade
Net Income Growth	-	-	46.54%	-45.36%	77.98%	151.54%	-56.01%	-0.67%	4.75%	-46.52%	Upgrade
Shares Outstanding (Basic)	260	280	303	319	337	338	362	382	389	395	Upgrade
Shares Outstanding (Diluted)	260	280	303	320	338	338	363	383	390	396	Upgrade
Shares Change	-7.18%	-7.59%	-5.18%	-5.21%	-0.24%	-6.72%	-5.19%	-1.79%	-1.61%	-2.33%	Upgrade
EPS (Basic)	6.08	-3.32	3.08	1.99	3.46	1.93	0.72	1.55	1.53	1.44	Upgrade
EPS (Diluted)	6.07	-3.32	3.07	1.99	3.45	1.93	0.72	1.55	1.53	1.43	Upgrade
EPS Growth	-	-	54.27%	-42.32%	78.76%	168.06%	-53.55%	1.31%	6.99%	-45.42%	Upgrade
Free Cash Flow Per Share	8.24	3.69	2.31	10.11	4.63	2.38	5.50	0.62	0.92	3.67	Upgrade
Dividend Per Share	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.31	0.25	Upgrade
Dividend Growth	-	-	-0.40%	-0.40%	0.80%	-0.40%	-	-19.55%	24.80%	-	Upgrade
Gross Margin	37.78%	30.55%	44.60%	44.33%	50.19%	48.20%	39.23%	41.14%	40.18%	39.31%	Upgrade
Operating Margin	17.78%	-7.54%	11.45%	10.01%	16.22%	11.23%	5.70%	16.11%	18.49%	17.40%	Upgrade
Profit Margin	10.77%	-7.40%	6.24%	4.52%	8.48%	4.99%	1.94%	4.13%	4.07%	4.04%	Upgrade
Free Cash Flow Margin	14.61%	8.22%	4.69%	22.94%	11.35%	6.13%	14.85%	1.65%	2.46%	10.30%	Upgrade
Effective Tax Rate	23.29%	15.67%	21.02%	16.75%	12.74%	25.17%	-19.82%	43.61%	52.44%	47.46%	Upgrade
EBITDA	2,996	145	2,714	2,250	2,854	2,251	1,692	2,445	2,547	2,412	Upgrade
EBITDA Margin	20.44%	1.15%	18.18%	16.00%	20.78%	17.18%	12.61%	17.07%	17.43%	17.14%	Upgrade
Depreciation & Amortization	515	734	943	912	874	841	955	899	871	905	Upgrade
EBIT	2,481	-589	1,771	1,338	1,980	1,410	737	1,546	1,676	1,507	Upgrade
EBIT Margin	16.93%	-4.68%	11.86%	9.51%	14.42%	10.76%	5.49%	10.79%	11.47%	10.71%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).