Loews

L Financials Market cap $22.3B as of Sep 14, 2026 16:00 ET S&P 500

Q2 FY26 Apr 1 – Jun 30, 2026 reported Aug 3, 2026

Revenue$4.73B +4% year over year

Operating profit$0.61B 13% margin

Net profit$0.44B 9% margin

The numbers behind the diagram

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jun 30, 2026).
Item	Value	Share of revenue	Year over year
Revenue	4.73	100%	+4%
Insurance premiums	2.76	58%
Operating revenues & other	0.85	18%
Net investment income	0.76	16%
Non-insurance warranty	0.37	8%
Operating expenses	−4.12	87%
Claims & benefits	−2.17	46%	+0pp
Policy acquisition	−0.48	10%	+0pp
Interest	−0.10	2%	+0pp
Underwriting	−0.35	7%	+0pp
Other	−1.02	22%	+0pp
Operating profit	0.61	13% margin	+1pp
Interest & other costs	−0.03
Tax	−0.14
Net profit	0.44	9% margin	+1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
Item	Value	Share of revenue	Year over year
Revenue	4.56	100%	+1%
Cna financial	3.68	81%	+1%
Boardwalk pipeline partners	0.63	14%	+1%
Loews hotels holding	0.25	5%	+4%
Operating expenses	−4.09	90%
Claims & benefits	−2.18	48%	+3pp
Policy acquisition	−0.48	10%	+0pp
Interest	−0.11	3%	+0pp
Underwriting	−0.33	7%	+0pp
Other	−1.00	22%	+0pp
Operating profit	0.46	10% margin	−1pp
Tax	−0.13
Net profit	0.34	7% margin	−1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Dec 31, 2025).
Item	Value	Share of revenue	Year over year
Segment revenue	4.86	103%
Operating revenues & other	3.28	69%
Non-insurance warranty	1.58	34%
Eliminations	−0.12	−3%
Net revenue	4.73	100%	+4%
Operating expenses	−4.19	89%
Claims & benefits	−2.15	46%	+1pp
Policy acquisition	−0.48	10%	+0pp
Interest	−0.11	2%	+0pp
Underwriting	−0.39	8%	+0pp
Other	−1.07	23%	+0pp
Operating profit	0.54	11% margin	+7pp
Interest & other costs	−0.03
Tax	−0.11
Net profit	0.40	8% margin	+4pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	4.67	100%	+5%
Insurance premiums	2.78	60%
Operating revenues & other	0.76	16%
Net investment income	0.74	16%
Non-insurance warranty	0.39	8%
Operating expenses	−3.98	85%
Claims & benefits	−2.03	44%	−2pp
Policy acquisition	−0.48	10%	+0pp
Interest	−0.11	2%	+0pp
Underwriting	−0.33	7%	+1pp
Other	−1.02	22%	+0pp
Operating profit	0.69	15% margin	+2pp
Interest & other costs	−0.03
Tax	−0.15
Net profit	0.50	11% margin	+2pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
Item	Value	Share of revenue	Year over year
Segment revenue	4.60	101%
Insurance premiums	2.69	59%
Operating revenues & other	0.80	17%
Net investment income	0.71	16%
Non-insurance warranty	0.40	9%
Eliminations	−0.05	−1%
Net revenue	4.56	100%	+7%
Operating expenses	−4.02	88%
Claims & benefits	−2.09	46%	+2pp
Policy acquisition	−0.47	10%	+0pp
Interest	−0.11	2%	+0pp
Underwriting	−0.32	7%	+0pp
Other	−1.03	23%	+0pp
Operating profit	0.54	12% margin	+0pp
Interest & other costs	−0.03
Tax	−0.12
Net profit	0.39	9% margin	+0pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

Financial health

The balance sheet, the quarter's capital flow, the debt schedule and the capital structure of the quarter shown above.

Every set of results we hold, newest first. Open one on its own page.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q2 FY26 Apr 1 – Jun 30, 2026 reported Aug 3, 2026 Operating margin 13% Net profit $0.44B	Apr 1 – Jun 30, 2026	Aug 3, 2026	$4.73B	+4%	13%	$0.44B	9%
Q1 FY26 Jan 1 – Mar 31, 2026 reported May 4, 2026 Operating margin 10% Net profit $0.34B	Jan 1 – Mar 31, 2026	May 4, 2026	$4.56B	+1%	10%	$0.34B	7%
Q4 FY25 Oct 1 – Dec 31, 2025 reported Feb 10, 2026 Operating margin 11% Net profit $0.40B	Oct 1 – Dec 31, 2025	Feb 10, 2026	$4.73B	+4%	11%	$0.40B	8%
Q3 FY25 Jul 1 – Sep 30, 2025 reported Nov 3, 2025 Operating margin 15% Net profit $0.50B	Jul 1 – Sep 30, 2025	Nov 3, 2025	$4.67B	+5%	15%	$0.50B	11%
Q2 FY25 Apr 1 – Jun 30, 2025 reported Aug 4, 2025 Operating margin 12% Net profit $0.39B	Apr 1 – Jun 30, 2025	Aug 4, 2025	$4.56B	+7%	12%	$0.39B	9%