Loews Past Earnings Performance

Past criteria checks 5/6

Loews has been growing earnings at an average annual rate of 25.8%, while the Insurance industry saw earnings growing at 8.1% annually. Revenues have been growing at an average rate of 1.6% per year. Loews's return on equity is 9.3%, and it has net margins of 9%.

Key information

25.8%

Earnings growth rate

31.2%

EPS growth rate

Insurance Industry Growth	8.0%
Revenue growth rate	1.6%
Return on equity	9.3%
Net Margin	9.0%
Next Earnings Update	06 May 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How Loews makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:L Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	15,901	1,434	3,381
30 Sep 23	15,436	1,533	3,224
30 Jun 23	14,971	1,258	3,159
31 Mar 23	14,425	1,065	3,117
31 Dec 22	14,044	822	3,052
30 Sep 22	13,912	810	3,026
30 Jun 22	13,822	1,052	2,869
31 Mar 22	14,437	1,639	2,759
31 Dec 21	14,657	1,562	2,957
30 Sep 21	14,671	1,632	3,107
30 Jun 21	14,765	1,551	3,335
31 Mar 21	13,072	-38	3,651
31 Dec 20	12,583	-931	3,916
30 Sep 20	12,748	-1,111	4,338
30 Jun 20	12,958	-1,178	4,706
31 Mar 20	14,247	-94	4,957
31 Dec 19	14,931	932	4,851
30 Sep 19	14,318	550	4,821
30 Jun 19	14,251	756	4,789
31 Mar 19	14,242	737	4,768
31 Dec 18	14,066	636	4,806
30 Sep 18	14,334	1,282	4,649
30 Jun 18	14,247	1,161	4,692
31 Mar 18	14,016	1,162	4,699
31 Dec 17	13,735	1,164	4,665
30 Sep 17	13,518	973	3,504
30 Jun 17	13,284	1,143	2,259
31 Mar 17	13,232	847	1,050
31 Dec 16	13,105	654	4,164
30 Sep 16	13,100	163	0
30 Jun 16	12,982	18	0
31 Mar 16	13,110	253	0
31 Dec 15	13,415	260	0
30 Sep 15	13,594	676	0
30 Jun 15	13,948	673	0
31 Mar 15	14,106	805	0
31 Dec 14	14,325	982	0
30 Sep 14	14,586	1,014	0
30 Jun 14	14,660	1,154	0
31 Mar 14	14,683	1,112	0
31 Dec 13	14,613	1,147	0
30 Sep 13	14,460	868	0
30 Jun 13	14,578	726	0

Quality Earnings: L has high quality earnings.

Growing Profit Margin: L's current net profit margins (9%) are higher than last year (5.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: L's earnings have grown significantly by 25.8% per year over the past 5 years.

Accelerating Growth: L's earnings growth over the past year (74.5%) exceeds its 5-year average (25.8% per year).

Earnings vs Industry: L earnings growth over the past year (74.5%) exceeded the Insurance industry 8.5%.

Return on Equity

High ROE: L's Return on Equity (9.3%) is considered low.

Return on Assets

Return on Capital Employed

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Loews Past Earnings Performance

Past criteria checks 5/6

Key information

Recent past performance updates

Loews Corporation to Report Q1, 2024 Results on May 06, 2024

Third quarter 2023 earnings released: EPS: US$1.12 (vs US$0.54 in 3Q 2022)

Loews Corporation to Report Q3, 2023 Results on Oct 30, 2023

Second quarter 2023 earnings released: EPS: US$1.58 (vs US$0.73 in 2Q 2022)

Loews Corporation to Report Q2, 2023 Results on Jul 31, 2023

First quarter 2023 earnings released: EPS: US$1.61 (vs US$1.36 in 1Q 2022)

Recent updates

Loews Corporation to Report Q1, 2024 Results on May 06, 2024

Loews Corporation (NYSE:L) Looks Inexpensive But Perhaps Not Attractive Enough

Loews: An Update For 2024, Still Hold

Loews Corporation, Annual General Meeting, May 14, 2024

Here's Why We Think Loews (NYSE:L) Is Well Worth Watching

Co-Chairman of the Board recently sold US$18m worth of stock

Upcoming dividend of US$0.063 per share at 0.3% yield

Key Executive exercised options and sold US$1.3m worth of stock

Fourth quarter dividend of US$0.063 announced

Loews Corporation Announces Quarterly Dividend, Payable on March 5, 2024

Loews Corporation (NYSE:L) completed the acquisition of Williams Bayou Ethane Pipeline, LLC.

Now 21% overvalued after recent price rise

Loews Corporation Announces Retirement of Joseph L. Bower from the Board of Directors

Key Executive notifies of intention to sell stock

Lacklustre Performance Is Driving Loews Corporation's (NYSE:L) Low P/E

Here's Why We Think Loews (NYSE:L) Is Well Worth Watching

Co-Chairman of the Board recently sold US$14m worth of stock

President exercised options to buy US$1.4m worth of stock.

Upcoming dividend of US$0.063 per share at 0.4% yield

Loews Corporation Announces Quarterly Dividend on Common Stock, Payable on December 5, 2023

Loews: I Don't See Any Reason To Invest Here In This Market

Director recently bought US$1.0m worth of stock

Third quarter 2023 earnings released: EPS: US$1.12 (vs US$0.54 in 3Q 2022)

Loews Corporation to Report Q3, 2023 Results on Oct 30, 2023

Loews Corporation Elects Jonathan Locker to Its Board of Directors

Loews: The Underperformance Continues, I Say Hold

Here's Why Loews (NYSE:L) Has Caught The Eye Of Investors

Upcoming dividend of US$0.063 per share at 0.4% yield

Loews Corporation Announces Quarterly Dividend on Common Stock, Payable on August 29, 2023

Second quarter 2023 earnings released: EPS: US$1.58 (vs US$0.73 in 2Q 2022)

Loews Corporation to Report Q2, 2023 Results on Jul 31, 2023

Loews' Prudent Capital Deployment And Decentralization Promote Value Creation

Insider recently bought US$19m worth of stock

Upcoming dividend of US$0.063 per share at 0.4% yield

Loews Corporation Announces Declaration of Quarterly Dividend, Payable June 6, 2023

First quarter 2023 earnings released: EPS: US$1.61 (vs US$1.36 in 1Q 2022)

Upcoming dividend of US$0.063 per share at 0.4% yield

Senior VP & Chief Investment Officer exercised options and sold US$782k worth of stock

Loews Corporation Announces Quarterly Dividend, Payable on March 7, 2023

Full year 2022 earnings released: EPS: US$4.16 (vs US$6.08 in FY 2021)

Loews GAAP EPS of $1.53, revenue of $3.79B

Loews Corporation to Report Q4, 2022 Results on Feb 06, 2023

Loews - Not Yet Investable, Remains A Hold For 2023

Loews Corporation Announces Resignation of Philip A. Laskawy from the Board of Directors

Key Executive exercised options and sold US$845k worth of stock

Delaware court overturns $690M fine on Loews for Boardwalk deal

Co-Chairman of the Board exercised options to buy US$783k worth of stock.

Insufficient new directors

Loews Corporation Announces Quarterly Dividend, Payable on December 6, 2022

Loews declares $0.0625 dividend

Loews Corporation Appoints Alex Tisch as CEO, Effective January 1, 2023

Third quarter 2022 earnings released: EPS: US$0.54 (vs US$0.86 in 3Q 2021)

Loews GAAP EPS of $0.54, revenue of $3.46B

Loews Corporation to Report Q3, 2022 Results on Oct 31, 2022

Electra America Hospitality Group acquired Loews Boston Hotel from Loews Corporation (NYSE:L) for approximately $120 million.

Loews Corporation Is A Key Addition To A Retirement Portfolio

Upcoming dividend of US$0.063 per share

Loews Corporation Declares Quarterly Dividend, Payable August 30, 2022

Second quarter 2022 earnings released: EPS: US$0.73 (vs US$2.87 in 2Q 2021)

Loews Corporation Reports Impairment Charges for the Quarter Ended June 30, 2022

Loews GAAP EPS of $0.73, revenue of $3.39B

Loews Corporation to Report Q2, 2022 Results on Aug 01, 2022

Co-Chairman of the Board exercised options and sold US$2.3m worth of stock

Loews Corporation(NYSE:L) dropped from Russell 1000 Dynamic Index

Independent Director exercised options and sold US$57k worth of stock

Co-Chairman of the Board recently sold US$32m worth of stock

Senior VP & Chief Investment Officer exercised options and sold US$394k worth of stock

Loews: Not Just Insurance, But It's A "HOLD" Here

Upcoming dividend of US$0.063 per share

Revenue & Expenses Breakdown
Beta