LOEWS CORP

L 10-K · FY 2025

L FY 2025 request

Playground key active
Request URL /api/financials?ticker=L&year=2025&quarter=4&full_year_mode=true
waiting 0 ms
Pick an endpoint and run the request.
curl

Income Statement

Income Statement
Metric FY 2025 FY 2024 YoY
Premiums Earned Net 10,900 10,211 +6.7%
Show Product Lines breakouts
Long-term care 423 437 -3.2%
Property Liability And Casualty Insurance Segment 10,477 9,774 +7.2%
Show Business Segments breakouts
CNA Financial Corporation [Member] 10,900 10,211 +6.7%
Net Investment Income 2,779 2,780 -0.0%
Show Business Segments breakouts
Boardwalk Pipeline Partners, LP [Member] 14 32 -56.2%
CNA Financial Corporation [Member] 2,557 2,497 +2.4%
Corporate And Other 196 242 -19.0%
Loews Hotels Holding Corporation [Member] 12 9 +33.3%
Show Derivative Risk breakouts
Credit default swap index - purchased · Nondesignated 19 1 +1800.0%
Gain Loss On Investments -81 -81 0.0%
Show Business Segments breakouts
CNA Financial Corporation [Member] -81 -81 0.0%
Show Investment Type breakouts
Equity Securities 7 21 -66.7%
Fixed Maturities -83 -102 +18.6%
Short-term investments and other -5
Show Statement Class Of Stock breakouts
Nonredeemable Preferred Stock 7 19 -63.2%
Non Insurance Warranty Revenue 1,577 1,609 -2.0%
Show Business Segments breakouts
CNA Financial Corporation [Member] 1,577 1,609 -2.0%
Revenue From Contract With Customer Excluding Assessed Tax And Other 3,279 2,991 +9.6%
Revenue 18,454 17,510 +5.4%
Show Business Segments breakouts
Boardwalk Pipeline Partners, LP [Member] 2,324 2,065 +12.5%
CNA Financial Corporation [Member] 14,989 14,270 +5.0%
Corporate And Other 196 242 -19.0%
Loews Hotels Holding Corporation [Member] 945 933 +1.3%
Show Consolidated Entities breakouts
Parent Company 1,828 1,589 +15.0%
Policyholder Benefits And Claims Incurred Net 8,294 7,738 +7.2%
Show Business Segments breakouts
CNA Financial Corporation [Member] 8,294 7,738 +7.2%
Deferred Policy Acquisition Cost Amortization Expense 1,898 1,798 +5.6%
Show Business Segments breakouts
CNA Financial Corporation [Member] 1,898 1,798 +5.6%
Non Insurance Warranty Expense 1,526 1,547 -1.4%
Show Business Segments breakouts
CNA Financial Corporation [Member] 1,526 1,547 -1.4%
Operating Expenses And Other 4,090 4,170 -1.9%
Show Business Segments breakouts
Boardwalk Pipeline Partners, LP [Member] 1,579 1,377 +14.7%
CNA Financial Corporation [Member] 1,516 1,843 -17.7%
Corporate And Other 69 77 -10.4%
Loews Hotels Holding Corporation [Member] 926 873 +6.1%
Income Loss From Equity Method Investments -74 -58 -27.6%
Show Business Segments breakouts
Corporate And Other 28 28 0.0%
Loews Hotels Holding Corporation [Member] -102 -86 -18.6%
Interest Expense 437 441 -0.9%
Show Business Segments breakouts
Boardwalk Pipeline Partners, LP [Member] 161 183 -12.0%
CNA Financial Corporation [Member] 135 133 +1.5%
Corporate And Other 72 74 -2.7%
Loews Hotels Holding Corporation [Member] 69 51 +35.3%
Show Consolidated Entities breakouts
Parent Company 75 75 0.0%
Benefits Losses And Expenses 16,171 15,636 +3.4%
Show Business Segments breakouts
Boardwalk Pipeline Partners, LP [Member] 1,740 1,560 +11.5%
CNA Financial Corporation [Member] 13,369 13,059 +2.4%
Corporate And Other 169 179 -5.6%
Loews Hotels Holding Corporation [Member] 893 838 +6.6%
Show Consolidated Entities breakouts
Parent Company 143 151 -5.3%
Income Before Taxes 2,283 1,874 +21.8%
Show Business Segments breakouts
Boardwalk Pipeline Partners, LP [Member] 584 505 +15.6%
CNA Financial Corporation [Member] 1,620 1,211 +33.8%
Corporate And Other 27 63 -57.1%
Loews Hotels Holding Corporation [Member] 52 95 -45.3%
Show Consolidated Entities breakouts
Parent Company 1,685 1,438 +17.2%
Income Tax Expense (Benefit) -511 -380 -34.5%
Show Business Segments breakouts
Boardwalk Pipeline Partners, LP [Member] -140 -92 -52.2%
CNA Financial Corporation [Member] -342 -252 -35.7%
Corporate And Other -8 -11 +27.3%
Loews Hotels Holding Corporation [Member] -21 -25 +16.0%
Show Consolidated Entities breakouts
Parent Company -18 -24 +25.0%
Net Income 1,772 1,494 +18.6%
Show Business Segments breakouts
Boardwalk Pipeline Partners, LP [Member] 444 413 +7.5%
CNA Financial Corporation [Member] 1,278 959 +33.3%
Corporate And Other 19 52 -63.5%
Loews Hotels Holding Corporation [Member] 31 70 -55.7%
Show Equity Components breakouts
Noncontrolling Interest 105 80 +31.2%
Retained Earnings 1,667 1,414 +17.9%
Show Consolidated Entities breakouts
Parent Company 1,667 1,414 +17.9%
Net Income Loss Attributable To Noncontrolling Interest -105 -80 -31.2%
Show Business Segments breakouts
CNA Financial Corporation [Member] -105 -80 -31.2%
Net Income 1,667 1,414 +17.9%
Show Business Segments breakouts
Boardwalk Pipeline Partners, LP [Member] 444 413 +7.5%
CNA Financial Corporation [Member] 1,173 879 +33.4%
Corporate And Other 19 52 -63.5%
Loews Hotels Holding Corporation [Member] 31 70 -55.7%
EPS (Basic) 7.98 6.42 +24.3%
EPS (Diluted) 7.97 6.41 +24.3%
Wtd Avg Shares (Basic) 208.96 220.26 -5.1%
Wtd Avg Shares (Diluted) 209.1 220.53 -5.2%
Revenue 3,174 2,893 +9.7%
Show Product Lines breakouts
Lodging and related services – Loews Hotels & Co · Loews Hotels Holding Corporation [Member] 911 906 +0.6%
Non-insurance warranty – CNA Financial · CNA Financial Corporation [Member] 1,577 1,609 -2.0%
Transportation and storage of natural gas and NGLs and ethane supply and transportation services – Boardwalk Pipelines · Boardwalk Pipeline Partners, LP [Member] 2,263 1,987 +13.9%
General & Administrative (FY)
Show Consolidated Entities breakouts
Parent Company 68 76 -10.5%
Comprehensive Income 2,468 2,044 +20.7%
Show Consolidated Entities breakouts
Parent Company 2,468 2,044 +20.7%
Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims1 6,952 6,411 +8.4%

Balance Sheet

Balance Sheet
Metric FY 2025 FY 2024 YoY
Current Assets
Marketable Securities (Current) 6,044 4,606 +31.2%
Total Current Assets (Q)
Show Consolidated Entities breakouts
Parent Company 2,676 2,222 +20.4%
Non-Current Assets
Property, Plant & Equipment 10,695 10,738 -0.4%
Show Property Plant And Equipment By Type breakouts
Hotel Properties 1,522 1,517 +0.3%
Pipelines 8,330 8,478 -1.7%
Property Plant And Equipment Other Types 486 496 -2.0%
Goodwill 349 347 +0.6%
Total Assets 86,348 81,943 +5.4%
Show Business Segments breakouts
Boardwalk Pipeline Partners, LP [Member] 10,586 9,853 +7.4%
CNA Financial Corporation [Member] 69,381 66,434 +4.4%
Corporate And Other 3,894 3,158 +23.3%
Loews Hotels Holding Corporation [Member] 2,487 2,498 -0.4%
Show Consolidated Entities breakouts
Parent Company 20,689 19,110 +8.3%
Operating Lease Right-of-Use Assets 301 320 -5.9%
Other Assets
Equity Securities Fv Ni 1,292 1,064 +21.4%
Investments In Affiliates Subsidiaries Associates And Joint Ventures 2,861 2,520 +13.5%
Show Investment Type breakouts
Ten Largest Limited Partnership Holdings 698 648 +7.7%
Other Investments 1,195 1,113 +7.4%
Investments 55,376 51,130 +8.3%
Show Consolidated Entities breakouts
Parent Company 1,245 1,170 +6.4%
Cash 495 541 -8.5%
Accounts Receivable Net 10,983 10,522 +4.4%
Capitalized Contract Cost Net 3,220 3,525 -8.7%
Show Balance Sheet Location breakouts
Deferred Non-insurance Warranty Acquisition Expenses 3.2 3.5 -8.6%
Deferred Policy Acquisition Costs 986 959 +2.8%
Other Assets 4,244 4,181 +1.5%
Show Consolidated Entities breakouts
Parent Company 95 95 0.0%
Current Liabilities
Long Term Debt And Capital Lease Obligations Current 1,052 5 +20940.0%
Show Business Segments breakouts
Boardwalk Pipeline Partners, LP [Member] · Operating Segments 550
Corporate · Operating Segments 500
Loews Hotels Holding Corporation [Member] · Operating Segments 2
Total Current Liabilities (Q)
Show Consolidated Entities breakouts
Parent Company 597 143 +317.5%
Non-Current Liabilities
Deferred Tax Liabilities 839 550 +52.5%
Total Liabilities 66,707 64,006 +4.2%
Show Consolidated Entities breakouts
Parent Company 2,003 2,044 -2.0%
Other Liabilities
Debt Securities Available For Sale Excluding Accrued Interest 43,984 41,827 +5.2%
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 · Corporate Debt Securities 238 223 +6.7%
Fair Value Inputs Level1 · Fair Value Measurements Recurring 238 223 +6.7%
Fair Value Inputs Level2 · Asset Backed Securities 7,672 7,540 +1.8%
Fair Value Inputs Level2 · Corporate Debt Securities 24,529 24,340 +0.8%
Fair Value Inputs Level2 · Fair Value Measurements Recurring 40,587 38,642 +5.0%
Fair Value Inputs Level2 · US States And Political Subdivisions 8,386 6,762 +24.0%
Fair Value Inputs Level3 · Asset Backed Securities 998 876 +13.9%
Fair Value Inputs Level3 · Corporate Debt Securities 1,483 1,278 +16.0%
Fair Value Inputs Level3 · Fair Value Measurements Recurring 2,526 2,196 +15.0%
Fair Value Inputs Level3 · Fixed Maturities 1,927 1,724 +11.8%
Fair Value Inputs Level3 · US States And Political Subdivisions 45 42 +7.1%
Show Financial Instrument breakouts
Asset Backed Securities 8,670 8,416 +3.0%
Asset Backed Securities Securitized Loans And Receivables 3,543 3,541 +0.1%
Asset Backed Securities · Fair Value Measurements Recurring 8,670 8,416 +3.0%
Commercial Mortgage Backed Securities 1,432 1,631 -12.2%
Corporate Debt Securities 25,257 24,944 +1.3%
Corporate Debt Securities · Fair Value Measurements Recurring 26,250 25,841 +1.6%
Fixed maturities available-for-sale 43,351 41,061 +5.6%
Fixed maturities trading 633 766 -17.4%
Foreign Government Debt Securities 751 677 +10.9%
Redeemable Preferred Stock 8
Residential Mortgage Backed Securities 3,695 3,244 +13.9%
US States And Political Subdivisions 8,431 6,804 +23.9%
US States And Political Subdivisions · Fair Value Measurements Recurring 8,431 6,804 +23.9%
US Treasury Securities 234 220 +6.4%
Show Fair Value By Measurement Frequency breakouts
Fair Value Measurements Recurring 43,351 41,061 +5.6%
Liability For Claims And Claims Adjustment Expense 26,599 24,976 +6.5%
Liability For Future Policy Benefits 13,448 13,158 +2.2%
Unearned Premiums 7,635 7,346 +3.9%
Payables To Broker Dealers And Clearing Organizations 53 110 -51.8%
Long Term Debt And Capital Lease Obligations 8,437 8,939 -5.6%
Show Business Segments breakouts
Boardwalk Pipeline Partners, LP [Member] · Operating Segments 3,232
CNA Financial Corporation [Member] · Operating Segments 2,971
Corporate · Operating Segments 1,286
Loews Hotels Holding Corporation [Member] · Operating Segments 999
Show Consolidated Entities breakouts
Parent Company 1,286 1,785 -28.0%
Show Consolidation Items breakouts
Intersegment Elimination -51
Deferred Revenue 4,138 4,530 -8.7%
Other Liabilities 4,506 4,392 +2.6%
Stockholders' Equity
Common Stock 2 2 0.0%
Additional Paid-In Capital 2,374 2,490 -4.7%
Retained Earnings 17,377 16,459 +5.6%
Accumulated Other Comprehensive Income -1,067 -1,867 +42.8%
Stockholders Equity Before Treasury Stock 18,686 17,084 +9.4%
Total Stockholders' Equity 18,686 17,066 +9.5%
Show Consolidated Entities breakouts
Parent Company 18,686 17,066 +9.5%
Minority Interest 955 871 +9.6%
Stockholders Equity Including Portion Attributable To Noncontrolling Interest 19,641 17,937 +9.5%
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment -212 -224 +5.4%
Accumulated Gain Loss Net Cash Flow Hedge Parent 2 9 -77.8%
Accumulated Net Unrealized Investment Gain Loss -907 -1,720 +47.3%
Accumulated Other Comprehensive Income -1,067 -1,867 +42.8%
Accumulated Translation Adjustment -111 -243 +54.3%
Additional Paid In Capital 2,374 2,490 -4.7%
Aoci Gain Loss Debt Securities Available For Sale With Allowance For Credit Loss Parent -15 -13 -15.4%
Aoci Liability For Future Policy Benefit Parent 176 324 -45.7%
Common Stock 2 2 0.0%
Noncontrolling Interest 955 871 +9.6%
Retained Earnings 17,377 16,459 +5.6%
Total Liabilities & Equity 86,348 81,943 +5.4%
Show Consolidated Entities breakouts
Parent Company 20,689 19,110 +8.3%
Insurance Reserves 47,682 45,480 +4.8%

Cash Flow Statement

Cash Flow Statement
Metric FY 2025 FY 2024 YoY
Operating Activities
Income Loss From Equity Method Investments Net Of Dividends Or Distributions 9 -66 +113.6%
Show Consolidated Entities breakouts
Parent Company -268 -67 -300.0%
Accretion Amortization Of Discounts And Premiums Investments -208 -200 -4.0%
Depreciation And Amortization 610 583 +4.6%
Deferred Income Taxes 112 -45 +348.9%
Show Consolidated Entities breakouts
Parent Company 2 4 -50.0%
Other Non-Cash Items 122 98 +24.5%
Change in Accounts Receivable -408 -929 +56.1%
Show Consolidated Entities breakouts
Parent Company -3 -6 +50.0%
Increase Decrease In Deferred Policy Acquisition Costs -17 -69 +75.4%
Increase Decrease In Insurance Liabilities 1,670 2,365 -29.4%
Increase Decrease In Other Operating Assets 223 417 -46.5%
Increase Decrease In Other Operating Liabilities -274 -9 -2944.4%
Increase Decrease In Trading Securities -413 -695 +40.6%
Show Consolidated Entities breakouts
Parent Company -414 -695 +40.4%
Net Cash from Operations 3,279 3,025 +8.4%
Show Consolidated Entities breakouts
Parent Company 1,029 640 +60.8%
Depreciation & Amortization 607 580 +4.7%
Show Business Segments breakouts
Boardwalk Pipeline Partners, LP [Member] · Operating Segments 440 426 +3.3%
CNA Financial Corporation [Member] · Operating Segments 65 59 +10.2%
Corporate And Other · Material Reconciling Items 2 2 0.0%
Loews Hotels Holding Corporation [Member] · Operating Segments 100 93 +7.5%
Investing Activities
Purchases of Investments -7,118 -6,353 -12.0%
Proceeds From Sale Of Available For Sale Securities Debt 2,946 2,793 +5.5%
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities 3,357 2,396 +40.1%
Payments To Acquire Equity Securities -593 -444 -33.6%
Show Consolidated Entities breakouts
Parent Company -20
Proceeds From Sale Of Equity Securities Fv Ni 505 523 -3.4%
Payments To Acquire Limited Partnership Interests -447 -335 -33.4%
Show Consolidated Entities breakouts
Parent Company -88
Proceeds From Limited Partnership Investments 103 98 +5.1%
Capital Expenditures -579 -632 +8.4%
Payments For Proceeds From Short Term Investments -920 -30 -2966.7%
Show Consolidated Entities breakouts
Parent Company -50 27 -285.2%
Other Investing Activities -82 9 -1011.1%
Net Cash from Investing -2,828 -1,975 -43.2%
Show Consolidated Entities breakouts
Parent Company -159 29 -648.3%
Financing Activities
Payments Of Dividends Common Stock -52 -55 +5.5%
Show Consolidated Entities breakouts
Parent Company -52 -55 +5.5%
Payments Of Dividends Minority Interest -86 -85 -1.2%
Share Repurchases -806 -608 -32.6%
Show Consolidated Entities breakouts
Parent Company -806 -608 -32.6%
Payments For Repurchase Of Redeemable Noncontrolling Interest -34 -20 -70.0%
Debt Repayments -869 -1,366 +36.4%
Proceeds From Issuance Of Debt 1,401 1,294 +8.3%
Proceeds From Payments For Other Financing Activities -67 -58 -15.5%
Show Consolidated Entities breakouts
Parent Company -13 -4 -225.0%
Net Cash from Financing -513 -898 +42.9%
Show Consolidated Entities breakouts
Parent Company -871 -667 -30.6%
Supplemental
Income Taxes Paid 381 403 -5.5%
Interest Paid 421 422 -0.2%
Unpaid Capital Expenditures 25 37 -32.4%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 16 -10 +260.0%
Net Change in Cash -46 142 -132.4%
Show Consolidated Entities breakouts
Parent Company -1 2 -150.0%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 495 541 -8.5%
Show Consolidated Entities breakouts
Parent Company 5 6 -16.7%

Values in millions USD. Source: SEC EDGAR 10-K filing.

This table is rendered from the same JSON returned by /api/financials.

Get API Key