Loews Corp financial data

Symbol
L on NYSE
Industry
Fire, Marine & Casualty Insurance
Location
9 West 57 Th Street, New York, New York
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 410 % -2.34%
Return On Equity 9.45 % +64.3%
Return On Assets 1.93 % +67.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 221M shares -2.85%
Entity Public Float 10.9B USD -7.48%
Common Stock, Value, Issued 2M USD 0%
Weighted Average Number of Shares Outstanding, Basic 222M shares -4.64%
Weighted Average Number of Shares Outstanding, Diluted 223M shares -4.64%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 16.3B USD +13.3%
Revenue from Contract with Customer, Excluding Assessed Tax 2.5B USD +16.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 2.11B USD +76.4%
Income Tax Expense (Benefit) 480M USD +91.2%
Net Income (Loss) Attributable to Parent 1.52B USD +73.3%
Earnings Per Share, Basic 6.74 USD/shares +82.2%
Earnings Per Share, Diluted 6.73 USD/shares +82.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Marketable Securities, Current 5.39B USD +32.1%
Property, Plant and Equipment, Net 10.7B USD +6.19%
Operating Lease, Right-of-Use Asset 302M USD -7.93%
Goodwill 347M USD +0.29%
Assets 80.9B USD +5.68%
Long-term Debt and Lease Obligation 8.43B USD +3.37%
Deferred Income Tax Liabilities, Net 500M USD +99.2%
Liabilities 63.9B USD +4.35%
Accumulated Other Comprehensive Income (Loss), Net of Tax -2.4B USD +21.6%
Retained Earnings (Accumulated Deficit) 16.1B USD +5.02%
Stockholders' Equity Attributable to Parent 16.2B USD +12%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 17B USD +11%
Liabilities and Equity 80.9B USD +5.68%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 198M USD -72.5%
Net Cash Provided by (Used in) Financing Activities 987M USD
Net Cash Provided by (Used in) Investing Activities -1.03B USD -666%
Common Stock, Shares Authorized 1.8B shares 0%
Common Stock, Shares, Issued 222M shares -5.86%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 157M USD +153%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 556M USD -6.4%
Interest Paid, Excluding Capitalized Interest, Operating Activities 385M USD +1.32%
Deferred Tax Assets, Valuation Allowance 18M USD +12.5%
Deferred Tax Assets, Gross 1.44B USD -11.3%
Operating Lease, Liability 384M USD -3.28%
Payments to Acquire Property, Plant, and Equipment 159M USD 0%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 2.24B USD +7607%
Lessee, Operating Lease, Liability, to be Paid 530M USD -4.51%
Lessee, Operating Lease, Liability, to be Paid, Year Two 52M USD -1.89%
Lessee, Operating Lease, Liability, to be Paid, Year One 57M USD -5%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Deferred Income Tax Expense (Benefit) 127M USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 146M USD -7.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three 50M USD +8.7%
Deferred Tax Assets, Operating Loss Carryforwards 44M USD -20%
Deferred Federal Income Tax Expense (Benefit) 81M USD
Preferred Stock, Shares Authorized 100M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 48M USD +11.6%
Operating Lease, Payments 60M USD -6.25%
Additional Paid in Capital 2.55B USD -6.22%
Current State and Local Tax Expense (Benefit) 20M USD -20%
Current Federal Tax Expense (Benefit) 267M USD +10.8%
Amortization of Intangible Assets 3M USD 0%
Depreciation, Depletion and Amortization 534M USD +4.91%
Deferred Tax Assets, Net of Valuation Allowance 1.42B USD -11.5%
Share-based Payment Arrangement, Expense 36M USD +5.88%
Deferred State and Local Income Tax Expense (Benefit) 31M USD +107%
Interest Expense 384M USD +1.86%
Preferred Stock, Par or Stated Value Per Share 0.1 USD/shares 0%