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Loews Corp
Previous close
$76.47
Day range
$76.28 - $76.86
Year range
$55.31 - $78.55
Market cap
16.99B USD
Avg Volume
724.71K
P/E ratio
12.15
Dividend yield
0.33%
Primary exchange
NYSE
In the news
Financials
Income Statement
Revenue
Net income
| (USD) | Dec 2023info | Y/Y change |
|---|---|---|
Revenue | 4.26B | 12.26% |
Operating expense | 932.00M | 20.26% |
Net income | 446.00M | 25.63% |
Net profit margin | 10.47 | 11.86% |
Earnings per share | — | — |
EBITDA | 871.00M | 20.30% |
Effective tax rate | 22.19% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Dec 2023info | Y/Y change |
|---|---|---|
Cash and short-term investments | 5.00B | -8.43% |
Total assets | 79.20B | 4.80% |
Total liabilities | 62.67B | 3.82% |
Total equity | 16.52B | — |
Shares outstanding | 222.20M | — |
Price to book | 1.08 | — |
Return on assets | 2.22% | — |
Return on capital | 6.86% | — |
Cash Flow
Net change in cash
| (USD) | Dec 2023info | Y/Y change |
|---|---|---|
Net income | 446.00M | 25.63% |
Cash from operations | 477.00M | -23.31% |
Cash from investing | -492.00M | 13.38% |
Cash from financing | -353.00M | 15.14% |
Net change in cash | -363.00M | -2.54% |
Free cash flow | 150.25M | 105.29% |
About
Loews Corporation is an American conglomerate headquartered in New York City. The company's majority-stake holdings include CNA Financial Corporation, Boardwalk Pipeline Partners, Loews Hotels and Altium Packaging.
The corporation positions itself as a value investor with a long-term focus. In recent years, Loews has also allocated significant capital for share buybacks. In the three years ended December 31, 2012, Loews spent $1.3 billion repurchasing shares. Between 1971 and 2020, the corporation reduced its shares outstanding from 1.3 billion shares to 291 million shares. Wikipedia
CEO
Founded
1969
Headquarters
Website
Employees
12,280
