Loews Corp.

L ·Financial, Insurance - Property & Casualty, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019
Revenue $18.45B $17.51B $15.90B $14.04B $14.66B $12.58B $14.93B
Cost of Revenue $1.08B
Gross Profit $13.85B
Gross Margin 92.8%
Operating Expenses
Research & Development
SG&A Expense
Operating Income $2.72B $2.32B $2.37B $1.49B $2.58B $-949.0M $1.71B
Operating Margin 14.7% 13.2% 14.9% 10.6% 17.6% -7.5% 11.5%
Interest Expense $437.0M $441.0M $376.0M $378.0M $424.0M $515.0M $591.0M
Pretax Income $2.28B $1.87B $2.00B $1.11B $2.16B $-1.46B $1.12B
Income Tax Expense $511.0M $380.0M $451.0M $223.0M $475.0M $-173.0M $248.0M
Net Income $1.67B $1.41B $1.43B $822.0M $1.56B $-931.0M $932.0M
Net Margin 9.0% 8.1% 9.0% 5.9% 10.7% -7.4% 6.2%
EPS (Basic) $7.98 $6.42 $6.30 $3.39 $6.02 $-3.32 $3.08
EPS (Diluted) $7.97 $6.41 $6.29 $3.38 $6.00 $-3.32 $3.07
Shares Outstanding (Basic) 206.1M 209.0M 220.3M 227.5M 242.8M 259.7M 280.3M 302.7M
Shares Outstanding (Diluted) 206.1M 209.1M 220.5M 227.8M 243.3M 260.2M 280.3M 303.4M
Dividends Per Share $0.25 $0.25 $0.25 $0.25 $0.25 $0.25 $0.25
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