Loews Corp (L)
Loews Corp brought in $18.8B of revenue over the twelve months to September 30, 2026, up 2.8% from a year earlier. Net income was $1.5B, a net margin of 7.9%. Operating cash flow minus capital spending left $2.7B of free cash flow in fiscal 2025. At September 30, 2026 it held $505M in cash against $8.9B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 2, 2026.
Key facts about Loews Corp
- Net worth
- Loews Corp has a market value (market cap) of $22.7B at the latest share price, and shareholders' equity of $18.3B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $18.5B (+5.4% year on year), with net income of $1.7B. Over the 12 months to September 30, 2026: revenue $18.8B, net income $1.5B.
- Cash flow
- In fiscal 2025 operations brought in $3.3B of cash; after $579M of capital spending, free cash flow was $2.7B.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 2, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Loews Corp's next report is expected around February 8, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Loews Corp declared dividends of $0.25 per share in fiscal 2025, a yield of 0.23% at the current price.
What Loews Corp does
Loews Corp is registered with the SEC under industry code SIC 6331 (Fire, Marine & Casualty Insurance). Its shares trade on NYSE under the ticker L.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $18.5B | $1.7B | $7.97 | $2.7B |
| 2024 | $17.5B | $1.4B | $6.41 | $2.4B |
| 2023 | $15.9B | $1.4B | $6.29 | $3.2B |
| 2022 | $14B | $822M | $3.38 | $2.7B |
| 2021 | $14.7B | $1.6B | $6.00 | $2.1B |
| 2020 | $12.6B | -$931M | -$3.32 | $1B |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where L ranks in Finance
Dividends
Loews Corp declared $0.25 per share in fiscal 2025. At the current price that is a yield of 0.23%. It paid out $52M in cash dividends, 3% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $0.25 | $52M | 3% |
| 2024 | $0.25 | $55M | 4% |
| 2023 | $0.25 | $57M | 4% |
| 2022 | $0.25 | $61M | 7% |
| 2021 | $0.25 | $65M | 4% |
| 2020 | $0.25 | $70M | n/a |
Latest SEC filings
What Loews Corp has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 2, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 1.9% to $4.8B versus the same quarter last year; diluted EPS $1.50 versus $2.43.
- November 2, 2026
- August 31, 2026Form N-PX filing N-PX
- August 14, 2026Form 13F-HR filing 13F-HR
- August 7, 2026Activist stake changed SCHEDULE 13D/A
- August 7, 2026Activist stake changed SCHEDULE 13D/A
- August 3, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 3.9% to $4.7B versus the same quarter last year; diluted EPS $2.16 versus $1.87.
- August 3, 2026
- May 15, 2026Form 13F-HR filing 13F-HR
- May 12, 2026
What is L worth? A DCF from its reported cash flow
Insider trades
What the people running Loews Corp did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider bought or sold shares on the open market in the last 90 days. The 8 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| September 30, 2026 | Tisch James SDirector | Received as pay | 237 | - |
| September 30, 2026 | Fribourg Paul JDirector | Received as pay | 237 | - |
| September 30, 2026 | Davidson Charles DDirector | Received as pay | 237 | - |
| September 30, 2026 | Harris Walter LDirector | Received as pay | 237 | - |
| September 30, 2026 | Robusto DinoDirector | Received as pay | 237 | - |
| September 30, 2026 | Peters SusanDirector | Received as pay | 237 | - |
| September 30, 2026 | Locker Jonathan CDirector | Received as pay | 237 | - |
| September 30, 2026 | VanBelle JenniferDirector | Received as pay | 237 | - |
Who owns L
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| James S. Tisch13D, may seek influence | 8.4% | August 7, 2026 |
| Andrew H. Tisch13D, may seek influence | 7.3% | August 7, 2026 |
| Vanguard Capital Management13G, passive | 6.06% | April 30, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 784 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 14,321,779 | +314,586 |
| Vanguard Capital Management LLC | 10,901,057 | +51,488 |
| Jpmorgan Chase & Co | 8,149,382 | -774,051 |
| State Street Corp | 7,957,197 | +98,452 |
| Vanguard Portfolio Management LLC | 7,068,628 | +9,310 |
| Geode Capital Management, LLC | 5,325,820 | -75 |
| Norges Bank | 4,508,922 | new |
| Invesco Ltd. | 4,127,358 | +433,178 |
| Citadel Advisors LLC | 3,616,435 | +38,688 |
| Allspring Global Investments Holdings, LLC | 2,778,608 | +11,696 |
| Goldman Sachs Group Inc | 2,685,387 | -923,418 |
| Morgan Stanley | 2,418,752 | +279,898 |
| Dimensional Fund Advisors LP | 2,299,939 | +29,447 |
| Northern Trust Corp | 1,814,214 | -79,445 |
| 59 North Capital Management, LP | 1,644,711 | +1,188,111 |
| Charles Schwab Investment Management Inc | 1,621,124 | +16,437 |
| Legal & General Group Plc | 1,238,828 | -74,012 |
| Boston Partners | 1,211,422 | -29,392 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 1,204,563 | -45,128 |
| UBS Group AG | 1,093,446 | -194,817 |
Insiders
18 insiders reported holding 34,294,264 shares in total, about $3.8B at the last price.
| Holder | Shares |
|---|---|
| Tisch James SDirector | 13,882,95012,009,192 held indirectly |
| Tisch Andrew HDIRECTOR EMERITUS | 13,069,48713,069,487 held indirectly |
| Tisch Jonathan MDIRECTOR EMERITUS | 6,455,5296,455,529 held indirectly |
| Tisch Benjamin JPRES. & CHIEF EXEC. OFFICER, Director | 667,104667,104 held indirectly |
| Scott Richard WaldoSVP & Chief Investment Officer | 32,901 |
| Davidson Charles DDirector | 29,523 |
| Locker Jonathan CDirector | 25,685 |
| Harris Walter LDirector | 25,523 |
| Diker Charles MDIRECTOR EMERITUS | 22,165 |
| Wang Jane J.Sr. Vice President & CFO | 19,042 |
Questions about L
What does Loews Corp do?
Loews Corp is a company in the Finance sector, listed on NYSE as L. Its shares trade on NYSE under the ticker L.
What is Loews Corp's net worth?
Loews Corp has a market value (market cap) of $22.7B at the latest share price, and shareholders' equity of $18.3B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Loews Corp profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $1.5B on revenue of $18.8B, a net margin of 7.9%.
How much revenue does Loews Corp make?
Over the twelve months to September 30, 2026 Loews Corp reported revenue of $18.8B. That is 2.8% more than a year earlier.
When did Loews Corp last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 2, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the planned insider sale from November 9, 2026.
When is Loews Corp's next earnings report?
Loews Corp's next report is expected around February 8, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does Loews Corp pay a dividend?
Yes. Loews Corp declared dividends of $0.25 per share in fiscal 2025, a yield of 0.23% at the current price.
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Where the numbers come from
Financial figures are the values Loews Corp tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.