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Loews Corp
Previous close
$77.20
Day range
$77.33 - $77.80
Year range
$55.94 - $78.55
Market cap
17.21B USD
Avg Volume
680.51K
P/E ratio
11.53
Dividend yield
0.32%
Primary exchange
NYSE
In the news
Financials
Income Statement
Revenue
Net income
| (USD) | Mar 2024info | Y/Y change |
|---|---|---|
Revenue | 4.23B | 11.84% |
Operating expense | 880.00M | 12.68% |
Net income | 457.00M | 21.87% |
Net profit margin | 10.80 | 8.98% |
Earnings per share | — | — |
EBITDA | 833.00M | 18.49% |
Effective tax rate | 22.89% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Mar 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 6.18B | 25.36% |
Total assets | 80.91B | 5.68% |
Total liabilities | 63.91B | 4.35% |
Total equity | 17.00B | — |
Shares outstanding | 221.41M | — |
Price to book | 1.06 | — |
Return on assets | 2.20% | — |
Return on capital | 6.66% | — |
Cash Flow
Net change in cash
| (USD) | Mar 2024info | Y/Y change |
|---|---|---|
Net income | 457.00M | 21.87% |
Cash from operations | 198.00M | -72.46% |
Cash from investing | -1.03B | -665.67% |
Cash from financing | 987.00M | 288.36% |
Net change in cash | 157.00M | 153.23% |
Free cash flow | -255.12M | -117.92% |
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
