← LOEWS CORP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Total Revenue $3.3b
$3.6b +6.50%
$3.3b -7.54%
$3.9b +17.92%
$3.7b -4.31%
$14.7b +295.17%
$14.0b -4.18%
$15.9b +13.22%
$17.5b +10.12%
$18.5b +5.39%
$18.4b -0.30%
Non-insurance warranty revenue $361.0m $390.0m $1.0b $1.2b $1.3b $1.4b $1.6b $1.6b $1.6b $1.6b —
Cost of Revenue $3.4b
$3.6b +4.81%
$923.0m -74.01%
$1.1b +17.23%
$729.1m -32.61%
$1.9b +157.43%
$2.0b +5.17%
$610.2m -69.09%
$748.0m +22.58%
$820.6m +9.71%
—
Gross Profit (Calculated) $9.7b
$10.2b +4.81%
$3.0b -70.90%
$2.8b -5.91%
$2.1b -25.00%
$128.0m -93.88%
$113.0m -11.72%
$1.7b +1448.51%
$2.1b +22.58%
$2.4b +9.71%
—
Amortization of Intangible Assets — $20.0m $32.0m $45.0m $61.0m $3.0m $3.0m $3.0m $4.0m — —
Operating expenses and other $4.8b $4.7b $4.8b $5.0b $4.8b $2.9b $3.1b $3.4b $4.2b $4.1b —
Other Operating Income — — $101.0m $68.0m $113.0m $128.0m $113.0m $95.0m $98.0m $105.0m —
Net Investment Income $2.1b $2.2b $1.8b $2.4b $2.0b $2.3b $1.8b $2.4b $2.8b $2.8b $2.5b
Foreign Currency Transaction Gain (Loss), Realized ($21.0m) $26.0m $0 ($3.0m) $12.0m ($1.0m) ($20.0m) $8.0m ($7.0m) $10.0m —
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement $86.0m — — — — — — — ($367.0m) — —
Gain (Loss) on Investments $50.0m $122.0m ($57.0m) $49.0m ($1.2b) $660.0m ($199.0m) ($53.0m) ($81.0m) ($81.0m) —
Equity method income — — — — $73.0m ($26.0m) ($139.0m) ($120.0m) ($58.0m) ($74.0m) —
Income (Loss) from Equity Method Investments $41.0m $81.0m $73.0m $69.0m $73.0m ($26.0m) $139.0m $120.0m $58.0m $74.0m —
Other Income $2.5b $3.0b $4.0b $3.9b $2.9b $2.1b $2.2b $2.5b $3.0b $3.3b —
Income (Loss) from Continuing Operations before Income Taxes, Domestic $1.2b $1.3b $775.0m $1.1b ($768.0m) $2.1b $1.2b $1.8b $1.7b $2.0b $2.3b
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $936.0m $1.6b $834.0m $1.1b ($1.5b) $2.2b $1.4b $2.0b $1.9b $2.3b $2.3b
Current Income Tax Expense (Benefit) $220.0m $170.0m $128.0m $248.0m $173.0m $479.0m $278.0m $451.0m $380.0m $399.0m $516.0m
Net Income (Loss) Attributable to Parent $654.0m
$1.2b +77.98%
$636.0m -45.36%
$932.0m +46.54%
($931.0m) -199.89%
$1.6b +269.50%
$1.0b -35.87%
$1.4b +41.70%
$1.4b -1.39%
$1.7b +17.89%
$1.7b +1.20%
Net Income (Loss) Attributable to Noncontrolling Interest $62.0m $248.0m $70.0m ($61.0m) ($360.0m) $125.0m $91.0m $111.0m $80.0m $105.0m $1.7b
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic $820.0m $903.0m $208.0m $297.0m $252.0m $266.0m $183.0m $250.0m $334.0m $381.0m —
Earnings Per Share, Basic $0.25 $3.46 $1.99 $3.08 ($3.32) $6.08 $4.17 $6.30 $6.42 $7.98 $8.16
Earnings Per Share, Diluted $1.93 $3.45 $1.99 $3.07 ($3.32) $6.07 $4.16 $6.29 $6.41 $7.97 $8.15
Common Stock, Dividends, Per Share, Declared $0.25 $0.25 $0.25 $0.25 $0.25 $0.25 $0.25 $0.25 $0.25 $0.25 —
Basic weighted average number of shares outstanding (in shares) 337.9m 336.6m 319.1m 302.7m 280.3m 259.7m 242.8m 227.5m 220.3m 209.0m —
Diluted weighted average number of shares outstanding (in shares) 338.3m 337.5m 319.9m 303.4m 280.3m 260.2m 243.3m 227.8m 220.5m 209.1m —
Weighted Average Number of Shares Outstanding, Basic 337.9m 336.6m 319.1m 302.7m 280.3m 259.7m 242.8m 227.5m 220.3m 209.0m 206.5m
Weighted Average Number of Shares Outstanding, Diluted 338.3m 337.5m 319.9m 303.4m 280.3m 260.2m 243.3m 227.8m 220.5m 209.1m 206.6m
Additional Financial Items
Expenses
Amortization of deferred acquisition costs $1.2b $1.2b $1.3b $1.4b $1.4b $1.4b $1.5b $1.6b $1.8b $1.9b —
Amounts attributable to noncontrolling interests ($62.0m) ($248.0m) ($70.0m) $61.0m $360.0m ($125.0m) ($91.0m) ($111.0m) ($80.0m) ($105.0m) —
Debt Securities Available For Sale Excluding Accrued Interest Allowance For Credit Loss Not Previously Recorded — — — — — — — — $27.0m $6.0m —
Deferred Policy Acquisition Costs, Amortization Expense $1.2b $1.2b $1.3b $1.4b $1.4b $1.4b $1.5b $1.6b $1.8b $1.9b —
Depreciation, Depletion and Amortization, Nonproduction — $874.0m $912.0m $943.0m $734.0m $515.0m $509.0m $538.0m $583.0m $610.0m —
Insurance claims and policyholders’ benefits (re-measurement loss of $104, $125, and $88) $5.3b $5.3b $5.6b $5.8b $6.2b $6.3b $6.4b $7.1b $7.7b $8.3b —
Insurance premiums $6.9b $7.0b $7.3b $7.4b $7.6b $8.2b $8.7b $9.5b $10.2b $10.9b —
Interest $536.0m $646.0m $574.0m $591.0m $515.0m $424.0m $378.0m $376.0m $441.0m $437.0m $441.0m
Investment losses $50.0m $122.0m ($57.0m) $49.0m ($1.2b) $660.0m ($199.0m) ($53.0m) ($81.0m) ($81.0m) —
Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims — — — — $5.9b $6.0b $6.2b $5.8b $6.4b $7.0b —
Non-insurance warranty expense $271.0m $299.0m $923.0m $1.1b $1.2b $1.3b $1.5b $1.5b $1.5b $1.5b —
Other Cost and Expense, Operating $4.3b $4.2b $4.8b $5.0b $4.8b $2.9b $3.1b $3.4b $1.2b $1.4b —
Total $12.2b $12.2b $13.2b $13.8b $14.0b $12.5b $12.7b $13.9b $15.6b $16.2b $18.4b
Benefits, Losses and Expenses $12.2b $12.2b $13.2b $13.8b $14.0b $12.5b $12.7b $13.9b $15.6b $16.2b —
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $654.0m — — — — — — — — — —
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $716.0m — — — — — — — — — —
Policyholder Benefits and Claims Incurred, Net $5.3b $5.3b $5.6b $5.8b $6.2b $6.3b $6.4b $7.1b $7.7b $8.3b —
Premiums Earned, Net $6.9b $7.0b $7.3b $7.4b $7.6b $8.2b $8.7b $9.5b $10.2b $10.9b —

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.