L
Loews Corporation103.96
-1.45-1.38%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
21.56BP/E (TTM)
15.07Basic EPS (TTM)
6.90Dividend Yield
0%Recent Filings
8-K
8-K
Loews elects new director
Loews Corporation expanded its board from 10 to 11 directors on August 5, 2025, electing Jennifer VanBelle and appointing her to the Audit Committee. With over 25 years at General Electric, including roles as Senior Vice President, Treasurer, and CEO of GE Capital, VanBelle brings deep financial expertise. This strengthens governance amid Loews' operations in insurance, energy, hospitality, and packaging. Board refresh adds oversight.
8-K
Loews Q2 net income rises 6%
Loews Corporation reported Q2 2025 net income of $391 million, up from $369 million a year ago, driven by Boardwalk Pipelines' 26% net income surge to $88 million from higher re-contracting rates and growth projects, plus corporate investment gains. CNA's contribution dipped to $274 million amid an $81 million after-tax mass tort reserve charge, while Loews Hotels edged down to $28 million due to new property expenses. Book value per share climbed to $84.42. Loews repurchased 2.9 million shares for $251 million. Boardwalk's growth shines.
10-Q
Q2 FY2025 results
Loews Corporation posted solid Q2 results, with total revenues climbing 6.8% year-over-year to $4.6B, fueled by 7.9% higher insurance premiums at $2.7B and 11.7% growth in Boardwalk Pipelines' operating revenues to $534M from re-contracting at higher rates and growth projects. Net income attributable to Loews rose 5.7% to $391M, or $1.87 per diluted share, up from $1.67, while six-month figures show revenues up 6.5% to $9.0B but net income down 7.9% to $761M amid CNA's $191M unfavorable prior-year reserve development on legacy mass torts. CNA's core underwriting held steady with a 91.7% underlying combined ratio, yet catastrophe losses eased to $62M from $82M; Boardwalk's EBITDA surged 14.2% to $274M. Cash stood at $447M, with $1.7B total debt and full $1.0B revolver availability; free cash flow (derived) reached $1.5B on $1.7B operating cash minus $232M capex. Litigation lingers over Boardwalk's past unit buyout.
8-K
Tisch retires from Loews Hotels
Loews Corporation announced on June 2, 2025, that Jonathan M. Tisch will retire as Executive Chairman of subsidiary Loews Hotels & Co effective December 31, 2025. Post-retirement, he'll consult up to 200 hours yearly at an hourly rate. This smooth transition preserves leadership continuity in the hospitality arm. Retirement signals a planned handover.
IPO
Website
Employees
Sector
Industry
ALL
Allstate Corporation (The)
209.51-2.43
BOW
Bowhead Specialty Holdings Inc.
27.71-0.36
CB
Chubb Limited
311.04-1.57
CINF
Cincinnati Financial Corporatio
165.42-1.65
CNA
CNA Financial Corporation
47.13-0.16
MKL
Markel Group Inc.
2140.70-19.52
PGR
Progressive Corporation (The)
231.81-4.55
PRA
ProAssurance Corporation
24.17-0.09
RLI
RLI Corp.
65.42+0.40
TRV
The Travelers Companies, Inc.
289.61-0.98