LOEWS CORP
Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.
CAPITALIZATION 12/31/25
| ($ millions) | Amount | % |
|---|---|---|
| Total debt | 9,489 | 33.7 |
| Stockholders' equity | 18,686 | 66.3 |
| Total capitalization | 28,175 | 100.0 |
204,427,720 shares outstanding at 31 July 2026 (cover page of the 10-Q filed 3 August 2026).
LONG-TERM DEBT 12/31/25
| ($ millions) | Amount |
|---|---|
| Long-term debt, incl. current maturities | 9,489 |
| Long-term debt, noncurrent | 8,437 |
| Current maturities | 1,052 |
CAPITAL STOCK 12/31/25
| Common shares authorized | 1,800,000,000 |
| Common shares issued | 206,003,999 |
| Treasury shares | 0 |
| Par or stated value per share ($) | 0.01 |
| Outstanding at 7/31/26 | 204,427,720 |
DIVIDENDS DECLARED/PAID
| Fiscal year | Per share $ | Payout % |
|---|---|---|
| 2025 | 0.25 | 3.1 |
| 2024 | 0.25 | 3.9 |
| 2023 | 0.25 | 4.0 |
| 2022 | 0.25 | 7.4 |
| 2021 | 0.25 | 4.2 |
HISTORY AND BUSINESS
HISTORY: Incorporated in Delaware.
BUSINESS: Classified by the SEC under Standard Industrial Classification 6331, Fire, Marine & Casualty Insurance. Large accelerated filer. Principal executive office: 9 West 57Th Street, New York, NY 10019-2714. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.
CONSOLIDATED INCOME ACCOUNT, YEARS ENDED
| ($ millions) | 12/31/25 | 12/31/24 | 12/31/23 |
|---|---|---|---|
| Premiums earned | 10,900 | 10,211 | 9,480 |
| Net investment income | 2,779 | 2,780 | 2,395 |
| Total revenues | 18,454 | 17,510 | 15,901 |
| Benefits, losses and expenses | 16,171 | 15,636 | 13,905 |
| Income before income taxes | 2,283 | 1,874 | 1,996 |
| Income taxes | 511 | 380 | 451 |
| Net income | 1,667 | 1,414 | 1,434 |
| Earned per share, diluted ($) | 7.97 | 6.41 | 6.29 |
| Dividends per share ($) | 0.25 | 0.25 | 0.25 |
CONSOLIDATED BALANCE SHEET
| ($ millions) | 12/31/25 | 12/31/24 |
|---|---|---|
| Total investments | 55,376 | 51,130 |
| Total assets | 86,348 | 81,943 |
| Policy liabilities and reserves | 13,448 | 13,158 |
| Total liabilities | 66,707 | 64,006 |
| Stockholders' equity | 18,686 | 17,066 |
TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)
| Fiscal year ended | Revenues | Oper. income | Net income | Net margin % | EPS diluted $ | Div. per share $ | Oper. cash flow | Total assets | Total liabilities | Total debt | Deposits | Stockholders' equity | ROE % | Debt / equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12/31/25 | 18,454 | – | 1,667 | 9.0 | 7.97 | 0.25 | 3,279 | 86,348 | 66,707 | 9,489 | – | 18,686 | 8.9 | 0.51 |
| 12/31/24 | 17,510 | – | 1,414 | 8.1 | 6.41 | 0.25 | 3,025 | 81,943 | 64,006 | 8,944 | – | 17,066 | 8.3 | 0.52 |
| 12/31/23 | 15,901 | – | 1,434 | 9.0 | 6.29 | 0.25 | 3,907 | 79,197 | 62,672 | 9,003 | – | 15,704 | 9.1 | 0.57 |
| 12/31/22 | 14,044 | – | 822 | 5.9 | 3.38 | 0.25 | 3,314 | 75,567 | 60,366 | 9,019 | – | 14,349 | 5.7 | 0.63 |
| 12/31/21 | 14,657 | – | 1,562 | 10.7 | 6.00 | 0.25 | 2,623 | 81,626 | 62,451 | 9,079 | – | 17,846 | 8.8 | 0.51 |
| 12/31/20 | 12,583 | – | (931) | -7.4 | (3.32) | 0.25 | 1,745 | 80,236 | 61,055 | 10,109 | – | 17,860 | -5.2 | 0.57 |
| 12/31/19 | 14,931 | – | 932 | 6.2 | 3.07 | 0.25 | 1,741 | 82,243 | 60,313 | 11,533 | – | 19,119 | 4.9 | 0.60 |
| 12/31/18 | 14,066 | – | 636 | 4.5 | 1.99 | 0.25 | 4,222 | 78,316 | 56,930 | 11,376 | – | 18,518 | 3.4 | 0.61 |
| 12/31/17 | 13,735 | – | 1,164 | 8.5 | 3.45 | 0.25 | 2,590 | 79,586 | 55,020 | 11,533 | – | 19,204 | 6.1 | 0.60 |
| 12/31/16 | 13,105 | – | 654 | 5.0 | 1.93 | 0.25 | 2,253 | 76,594 | 53,233 | 10,778 | – | 18,163 | 3.6 | 0.59 |
Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; capital expenditure and free cash flow are not shown for banks and insurers, where they are not meaningful; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.
REGISTRANT:
LOEWS CORP
CIK 60086 · EIN 13-2646102
PRINCIPAL OFFICE:
9 West 57Th Street, New York, NY 10019-2714
Tel.: 212-521-2000
INCORPORATED:
Delaware
INDUSTRY (SEC SIC CODE):
6331 · Fire, Marine & Casualty Insurance
FILER STATUS:
Large accelerated filer
LATEST ANNUAL REPORT:
10-K for period ended 12/31/25, filed 10 February 2026
Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/10/26) · 10-K FY2024 (filed 2/11/25) · 10-K FY2023 (filed 2/6/24) · 10-K FY2022 (filed 2/7/23) · 10-K FY2021 (filed 2/8/22) · 10-K FY2020 (filed 2/9/21) · 10-K FY2019 (filed 2/12/20) · 10-K FY2018 (filed 2/13/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.
Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.