L · Loews Corp
$109.83
-0.87 (-0.79%)
At close · Aug 21
View the 10-K filed Feb 10, 2026
Customer concentration
— top 10 customers 66% of revenue
10 customers — 66% of revenue (as of December 31, 2025)
“as of December 31, 2025, the top ten customers under committed firm agreements comprised approximately 66% of Boardwalk Pipelines' total projected operating revenues.”
One customer — 10% of revenue (2025)
“For 2025, one customer comprised 10% or more of Boardwalk Pipelines' operating revenues.”
Market Cap
$22.45B
Shares
204.43M
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Revenue
$18.45B
+5.4%
FY2025
Net Income
$1.67B
+17.9%
FY2025
Gross Margin
92.75%
-0.7pp
FY2019
Diluted EPS
$7.97
+24.3%
FY2025
Operating Cash Flow
$3.28B
+8.4%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 | FY2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $18.69B | $18.45B | $17.51B | $15.9B | $14.04B | $14.66B | $12.58B | $14.93B | $14.07B | $13.74B | $13.11B | $13.42B | $14.33B | $14.61B | $14.07B | $14.13B | $14.62B | $14.12B | $13.25B | $14.3B | |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | $3M | — | — | |
| $11.04B | $10.9B | $10.21B | $9.48B | $8.67B | $8.18B | $7.65B | $7.43B | $7.31B | $6.99B | $6.92B | $6.92B | $7.21B | $7.27B | $6.88B | $6.6B | $6.52B | $6.72B | $7.15B | $7.48B | |
| — | — | — | — | — | — | — | $1.08B | $923M | $299M | $271M | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | $13.85B | $13.14B | $13.44B | $12.83B | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | 92.75% | 93.44% | 97.82% | 97.93% | — | — | — | — | — | — | — | — | — | |
| — | — | $4M | $3M | $3M | $3M | $61M | $45M | $32M | $20M | $3M | $3M | — | — | — | — | — | — | — | — | |
| — | $607M | $580M | $534M | $509M | $503M | $673M | $898M | $880M | $854M | $841M | $955M | $861M | $774M | $758M | $833M | $816M | $784M | $692M | $471M | |
| $441M | $437M | $441M | $376M | $378M | $424M | $515M | $591M | $574M | $646M | $536M | $520M | $498M | $425M | $426M | $522M | $517M | $448M | $345M | $319M | |
| $121M | $74M | $58M | $120M | $139M | $26M | -$73M | $69M | $73M | $81M | $41M | $43M | -$62M | $12M | $24M | $24M | — | — | — | — | |
| -$49M | -$81M | -$81M | -$53M | -$199M | $660M | -$1.25B | $49M | -$57M | $122M | $50M | -$71M | $47M | — | — | — | — | — | — | — | |
| $2.31B | $2.28B | $1.87B | $2B | $1.11B | $2.16B | -$1.46B | $1.12B | $834M | $1.58B | $936M | $244M | $1.81B | $2.28B | $2.02B | $2.23B | — | — | — | — | |
| $516M | $511M | $380M | $451M | $223M | $475M | -$173M | $248M | $128M | $170M | $220M | -$43M | $457M | $656M | $513M | $532M | $894M | $345M | $7M | $995M | |
| $1.69B | $1.67B | $1.41B | $1.43B | $822M | $1.56B | -$931M | $932M | $636M | $1.16B | $654M | $260M | $591M | $595M | $568M | $1.06B | $1.29B | $564M | $4.53B | $2.49B | |
| — | 9.03% | 8.08% | 9.02% | 5.85% | 10.66% | -7.4% | 6.24% | 4.52% | 8.47% | 4.99% | 1.94% | 4.13% | 4.07% | 4.04% | 7.52% | 8.82% | 4% | 34.2% | 17.4% | |
| $102M | $105M | $80M | $111M | $69M | $123M | -$360M | -$61M | $70M | $248M | $62M | $27M | $371M | $474M | $542M | $632M | $699M | $819M | $763M | $612M | |
| $2.01B | $2.47B | $2.04B | $2.32B | -$1.18B | $1.76B | -$282M | $1.74B | -$161M | $1.36B | $788M | -$378M | $532M | $254M | $857M | $1.21B | $1.94B | $3.84B | $956M | $2.04B | |
| USD/shares | — | $7.98 | $6.42 | $6.30 | $3.39 | $6.02 | -$3.32 | $3.08 | $1.99 | $3.46 | $1.93 | $0.72 | $1.55 | $1.53 | $1.44 | $2.62 | $3.08 | $1.30 | — | — |
| USD/shares | — | $7.97 | $6.41 | $6.29 | $3.38 | $6.00 | -$3.32 | $3.07 | $1.99 | $3.45 | $1.93 | $0.72 | $1.55 | $1.53 | $1.43 | $2.62 | $3.07 | $1.30 | — | — |
| shares | — | 208.96M | 220.26M | 227.48M | 242.83M | 259.67M | 280.32M | 302.7M | 319.06M | 336.61M | 337.95M | 362.43M | 381.92M | 388.64M | 395.12M | 404.53M | 418.72M | 432.81M | — | — |
| shares | — | 209.1M | 220.53M | 227.81M | 243.28M | 260.2M | 280.32M | 303.35M | 319.93M | 337.5M | 338.31M | 362.69M | 382.55M | — | 395.87M | 405.32M | 419.52M | 433.45M | — | — |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2007–FY2025: $11.98B in buybacks, $1.93B in dividends.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
1.36×
Peer median 1.50×
EV/EBIT
—
Peer median 9.14×
P/E (TTM)
13.48×
Peer median 10.88×
Peer medians compare against the 24 similar-size Insurance - Property & Casualty companies (of 45 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Cna Financial Corporation | $14,989,000,000 | $14,270,000,000 | $13,299,000,000 | $11,879,000,000 | $11,908,000,000 | $10,827,000,000 | $10,788,000,000 | $10,134,000,000 |
| Boardwalk Pipeline Partners LP | $2,324,000,000 | $2,065,000,000 | $1,636,000,000 | $1,446,000,000 | $1,349,000,000 | $1,302,000,000 | $1,300,000,000 | $1,227,000,000 |
| Loews Hotels Holding Corporation | $945,000,000 | $933,000,000 | $852,000,000 | $721,000,000 | $480,000,000 | $278,000,000 | $692,000,000 | $755,000,000 |
| Corporate And Other | $196,000,000 | $242,000,000 | $114,000,000 | -$2,000,000 | — | — | — | — |
| Diamond Offshore Drilling Inc | — | — | — | — | — | $305,000,000 | $988,000,000 | $1,093,000,000 |
| Corporate | — | — | — | — | $920,000,000 | -$129,000,000 | $1,163,000,000 | $857,000,000 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Transportation And Storage Of Natural Gas And NG Ls And Ethane Supply And Transportation Services | $2,263,000,000 | $1,987,000,000 | $1,582,000,000 | $1,398,000,000 | $1,306,000,000 | — | — | — |
| Non-Insurance Warranty | $1,577,000,000 | $1,609,000,000 | $1,624,000,000 | $1,574,000,000 | $1,430,000,000 | $1,252,000,000 | $1,161,000,000 | $1,007,000,000 |
| Lodging and Related Services | $911,000,000 | $906,000,000 | $778,000,000 | $689,000,000 | $419,000,000 | $234,000,000 | $1,382,000,000 | $1,460,000,000 |
| Contract Drilling | — | — | — | — | — | $300,000,000 | $981,000,000 | $1,083,000,000 |
| Drilling Contracts | — | — | — | — | — | — | $981,000,000 | $1,083,000,000 |
| Rigid Plastic Packaging and Recycled Resin | — | — | — | — | $280,000,000 | $1,022,000,000 | $932,000,000 | $867,000,000 |
| Transportation And Storage Of Natural Gas And Ngls And Other Services | — | — | — | $1,398,000,000 | $1,306,000,000 | $1,264,000,000 | $1,266,000,000 | $1,206,000,000 |
Key facts
CIK
60086
CUSIP
540424108
13F (30d)
650 filings
619 filers
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