Loews Corp.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $18.45B | $17.51B | $15.90B | $14.04B | $14.66B | $12.58B | $14.93B | $14.07B |
| Cost of Revenue | — | — | — | — | — | — | $1.08B | $923.0M |
| Gross Profit | — | — | — | — | — | — | $13.85B | $13.14B |
| Gross Margin | — | — | — | — | — | — | 92.8% | 93.4% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $2.72B | $2.32B | $2.37B | $1.49B | $2.58B | $-949.0M | $1.71B | $1.41B |
| Operating Margin | 14.7% | 13.2% | 14.9% | 10.6% | 17.6% | -7.5% | 11.5% | 10.0% |
| Interest Expense | $437.0M | $441.0M | $376.0M | $378.0M | $424.0M | $515.0M | $591.0M | $574.0M |
| Pretax Income | $2.28B | $1.87B | $2.00B | $1.11B | $2.16B | $-1.46B | $1.12B | $834.0M |
| Income Tax Expense | $511.0M | $380.0M | $451.0M | $223.0M | $475.0M | $-173.0M | $248.0M | $128.0M |
| Net Income | $1.67B | $1.41B | $1.43B | $822.0M | $1.56B | $-931.0M | $932.0M | $636.0M |
| Net Margin | 9.0% | 8.1% | 9.0% | 5.9% | 10.7% | -7.4% | 6.2% | 4.5% |
| EPS (Basic) | $7.98 | $6.42 | $6.30 | $3.39 | $6.02 | $-3.32 | $3.08 | $1.99 |
| EPS (Diluted) | $7.97 | $6.41 | $6.29 | $3.38 | $6.00 | $-3.32 | $3.07 | $1.99 |
| Shares Outstanding (Basic) | 209.0M | 220.3M | 227.5M | 242.8M | 259.7M | 280.3M | 302.7M | 319.1M |
| Shares Outstanding (Diluted) | 209.1M | 220.5M | 227.8M | 243.3M | 260.2M | 280.3M | 303.4M | 319.9M |
| Dividends Per Share | $0.25 | $0.25 | $0.25 | $0.25 | $0.25 | $0.25 | $0.25 | $0.25 |