Loews Q1 FY26: where the revenue came from and where it went
The whole income statement of Loews for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jan 1 – Mar 31, 2026
- Reported
- May 4, 2026
Revenue$4.56B
+1% year over year
Operating profit$0.46B
10% margin
Net profit$0.34B
7% margin
The numbers
| 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 |
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