L: Loews Corp Financial Statements

Balance sheet, income statement, and cash flow statements for Loews Corp (L).

OverviewDividends

$18.44B Market Cap.

As of 05/05/2025 5:00 PM ET (MRY) • Disclaimer

L Market Cap. (MRY)


L Shares Outstanding (MRY)


L Assets (MRY)


Total Assets

$81.94B

Total Liabilities

$64.01B

Total Investments

$51.13B

L Income (MRY)


Revenue

$17.51B

Net Income

$1.41B

Operating Expense

$4.17B

L Cash Flow (MRY)


CF Operations

$3.02B

CF Investing

-$1.98B

CF Financing

-$898.00M

L Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$81,943,000,000 (3.47%)

$79,197,000,000 (4.80%)

$75,567,000,000 (-7.42%)

$81,626,000,000 (1.73%)

Assets Current

-

-

-

-

Assets Non-Current

-

-

-

-

Goodwill & Intangible Assets

$347,000,000 (0.00%)

$347,000,000 (0.29%)

$346,000,000 (-0.86%)

$349,000,000 (-55.54%)

Shareholders Equity

$17,066,000,000 (8.67%)

$15,704,000,000 (9.44%)

$14,349,000,000 (-19.60%)

$17,846,000,000 (-0.08%)

Property Plant & Equipment Net

$10,738,000,000 (0.19%)

$10,718,000,000 (6.89%)

$10,027,000,000 (1.41%)

$9,888,000,000 (-5.39%)

Cash & Equivalents

$541,000,000 (35.59%)

$399,000,000 (-25.00%)

$532,000,000 (-14.33%)

$621,000,000 (29.92%)

Accumulated Other Comprehensive Income

-$1,867,000,000 (25.23%)

-$2,497,000,000 (24.79%)

-$3,320,000,000 (-1884.95%)

$186,000,000 (-67.99%)

Deferred Revenue

$11,876,000,000 (2.14%)

$11,627,000,000 (4.86%)

$11,088,000,000 (8.03%)

$10,264,000,000 (12.27%)

Total Investments

$51,130,000,000 (3.57%)

$49,369,000,000 (5.56%)

$46,768,000,000 (-13.29%)

$53,938,000,000 (0.17%)

Investments Current

-

-

-

-

Investments Non-Current

-

-

-

-

Inventory

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Trade & Non-Trade Receivables

$10,522,000,000 (8.92%)

$9,660,000,000 (2.73%)

$9,403,000,000 (1.40%)

$9,273,000,000 (18.38%)

Trade & Non-Trade Payables

$110,000,000 (39.24%)

$79,000,000 (-40.60%)

$133,000,000 (47.78%)

$90,000,000 (-2.17%)

Accumulated Retained Earnings (Deficit)

$16,459,000,000 (5.39%)

$15,617,000,000 (4.59%)

$14,931,000,000 (1.05%)

$14,776,000,000 (4.42%)

Tax Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Tax Liabilities

$550,000,000 (38.19%)

$398,000,000 (63.79%)

$243,000,000 (-77.48%)

$1,079,000,000 (1.31%)

Total Debt

$8,944,000,000 (-0.66%)

$9,003,000,000 (-0.18%)

$9,019,000,000 (-0.66%)

$9,079,000,000 (-10.19%)

Debt Current

-

-

-

-

Debt Non-Current

-

-

-

-

Total Liabilities

$64,006,000,000 (2.13%)

$62,672,000,000 (3.82%)

$60,366,000,000 (-3.34%)

$62,451,000,000 (2.29%)

Liabilities Current

-

-

-

-

Liabilities Non-Current

-

-

-

-

L Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$17,510,000,000 (10.12%)

$15,901,000,000 (13.22%)

$14,044,000,000 (-4.18%)

$14,657,000,000 (16.48%)

Cost of Revenue

$11,083,000,000 (8.06%)

$10,256,000,000 (6.68%)

$9,614,000,000 (5.16%)

$9,142,000,000 (4.61%)

Selling General & Administrative Expense

$4,170,000,000 (22.90%)

$3,393,000,000 (10.27%)

$3,077,000,000 (4.06%)

$2,957,000,000 (-37.35%)

Research & Development Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Operating Expenses

$4,170,000,000 (22.90%)

$3,393,000,000 (10.27%)

$3,077,000,000 (4.06%)

$2,957,000,000 (-37.35%)

Interest Expense

$441,000,000 (17.29%)

$376,000,000 (-0.53%)

$378,000,000 (-10.85%)

$424,000,000 (-17.67%)

Income Tax Expense

$380,000,000 (-15.74%)

$451,000,000 (102.24%)

$223,000,000 (-53.05%)

$475,000,000 (374.57%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

$1,494,000,000 (-3.30%)

$1,545,000,000 (73.40%)

$891,000,000 (-47.12%)

$1,685,000,000 (230.52%)

Net Income to Non-Controlling Interests

$80,000,000 (-27.93%)

$111,000,000 (60.87%)

$69,000,000 (-43.90%)

$123,000,000 (134.17%)

Net Income

$1,414,000,000 (-1.39%)

$1,434,000,000 (74.45%)

$822,000,000 (-47.38%)

$1,562,000,000 (267.78%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

$1,414,000,000 (-1.39%)

$1,434,000,000 (74.45%)

$822,000,000 (-47.38%)

$1,562,000,000 (267.78%)

Weighted Average Shares

$220,260,000 (-3.17%)

$227,480,000 (-6.32%)

$242,830,000 (-6.49%)

$259,670,000 (-7.37%)

Weighted Average Shares Diluted

$220,530,000 (-3.20%)

$227,810,000 (-6.36%)

$243,280,000 (-6.50%)

$260,200,000 (-7.18%)

Earning Before Interest & Taxes (EBIT)

$2,235,000,000 (-1.15%)

$2,261,000,000 (58.89%)

$1,423,000,000 (-42.18%)

$2,461,000,000 (517.83%)

Gross Profit

$6,427,000,000 (13.85%)

$5,645,000,000 (27.43%)

$4,430,000,000 (-19.67%)

$5,515,000,000 (43.47%)

Operating Income

$2,257,000,000 (0.22%)

$2,252,000,000 (66.44%)

$1,353,000,000 (-47.11%)

$2,558,000,000 (392.01%)

L Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

-$1,975,000,000 (28.05%)

-$2,745,000,000 (-16.96%)

-$2,347,000,000 (-97.73%)

-$1,187,000,000 (16.05%)

Net Cash Flow from Financing

-$898,000,000 (30.92%)

-$1,300,000,000 (-25.36%)

-$1,037,000,000 (19.55%)

-$1,289,000,000 (-551.01%)

Net Cash Flow from Operations

$3,025,000,000 (-22.57%)

$3,907,000,000 (17.89%)

$3,314,000,000 (26.34%)

$2,623,000,000 (50.32%)

Net Cash Flow / Change in Cash & Cash Equivalents

$142,000,000 (206.77%)

-$133,000,000 (-49.44%)

-$89,000,000 (-162.24%)

$143,000,000 (0.70%)

Net Cash Flow - Business Acquisitions and Disposals

$23,000,000 (105.74%)

-$401,000,000 (-2606.25%)

$16,000,000 (-96.78%)

$497,000,000 (204.41%)

Net Cash Flow - Investment Acquisitions and Disposals

-$1,352,000,000 (8.65%)

-$1,480,000,000 (3.39%)

-$1,532,000,000 (-18.85%)

-$1,289,000,000 (-1176.24%)

Capital Expenditure

-$632,000,000 (7.87%)

-$686,000,000 (-3.94%)

-$660,000,000 (-36.93%)

-$482,000,000 (32.11%)

Issuance (Repayment) of Debt Securities

-$72,000,000 (28.00%)

-$100,000,000 (-49.25%)

-$67,000,000 (-1216.67%)

$6,000,000 (-99.36%)

Issuance (Purchase) of Equity Shares

-$608,000,000 (28.39%)

-$849,000,000 (-16.46%)

-$729,000,000 (35.83%)

-$1,136,000,000 (-23.08%)

Payment of Dividends & Other Cash Distributions

-$55,000,000 (3.51%)

-$57,000,000 (6.56%)

-$61,000,000 (6.15%)

-$65,000,000 (7.14%)

Effect of Exchange Rate Changes on Cash

-$10,000,000 (-300.00%)

$5,000,000 (126.32%)

-$19,000,000 (-375.00%)

-$4,000,000 (-144.44%)

Share Based Compensation

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Depreciation Amortization & Accretion

$583,000,000 (8.36%)

$538,000,000 (5.70%)

$509,000,000 (-1.17%)

$515,000,000 (-29.84%)

L Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

36.70% (3.38%)

35.50% (12.70%)

31.50% (-16.22%)

37.60% (23.28%)

Profit Margin

8.10% (-10.00%)

9.00% (52.54%)

5.90% (-44.86%)

10.70% (244.59%)

EBITDA Margin

16.10% (-8.52%)

17.60% (27.54%)

13.80% (-32.02%)

20.30% (1591.67%)

Return on Average Equity (ROAE)

8.40% (-13.40%)

9.70% (76.36%)

5.50% (-37.50%)

8.80% (262.96%)

Return on Average Assets (ROAA)

1.70% (-10.53%)

1.90% (72.73%)

1.10% (-42.11%)

1.90% (258.33%)

Return on Sales (ROS)

12.80% (-9.86%)

14.20% (40.59%)

10.10% (-39.88%)

16.80% (457.45%)

Return on Invested Capital (ROIC)

2.50% (-3.85%)

2.60% (52.94%)

1.70% (-39.29%)

2.80% (500.00%)

Dividend Yield

0.30% (-25.00%)

0.40% (0.00%)

0.40% (0.00%)

0.40% (-33.33%)

Price to Earnings Ratio (P/E)

13.19 (19.43%)

11.05 (-35.80%)

17.21 (79.32%)

9.6 (170.76%)

Price to Sales Ratio (P/S)

1.06 (6.93%)

1 (-1.29%)

1.01 (-1.37%)

1.02 (1.99%)

Price to Book Ratio (P/B)

1.08 (9.30%)

0.99 (2.49%)

0.96 (17.54%)

0.82 (18.47%)

Debt to Equity Ratio (D/E)

3.75 (-6.04%)

3.99 (-5.13%)

4.21 (20.23%)

3.5 (2.34%)

Earnings Per Share (EPS)

6.42 (1.90%)

6.3 (85.84%)

3.39 (-43.69%)

6.02 (281.33%)

Sales Per Share (SPS)

79.5 (13.73%)

69.9 (20.86%)

57.84 (2.46%)

56.45 (25.75%)

Free Cash Flow Per Share (FCFPS)

10.86 (-23.27%)

14.16 (29.55%)

10.93 (32.55%)

8.24 (123.32%)

Book Value Per Share (BVPS)

77.48 (12.23%)

69.03 (16.83%)

59.09 (-14.02%)

68.73 (7.87%)

Tangible Assets Book Value Per Share (TABVPS)

370.45 (6.87%)

346.62 (11.90%)

309.77 (-1.03%)

313 (10.43%)

Enterprise Value Over EBIT (EV/EBIT)

12 (9.09%)

11 (-31.25%)

16 (77.78%)

9 (124.32%)

Enterprise Value Over EBITDA (EV/EBITDA)

9.73 (13.71%)

8.56 (-25.68%)

11.52 (49.33%)

7.71 (-94.89%)

Asset Turnover

0.21 (4.39%)

0.2 (12.02%)

0.18 (1.67%)

0.18 (13.21%)

Current Ratio

-

-

-

-

Dividends

$0.25 (-1.20%)

$0.25 (0.00%)

$0.25 (0.00%)

$0.25 (0.00%)

Free Cash Flow (FCF)

$2,393,000,000 (-25.71%)

$3,221,000,000 (21.36%)

$2,654,000,000 (23.96%)

$2,141,000,000 (106.86%)

Enterprise Value (EV)

$27,429,511,941 (14.48%)

$23,960,012,177 (7.68%)

$22,252,119,943 (-3.06%)

$22,953,811,637 (4.83%)

Earnings Before Tax (EBT)

$1,794,000,000 (-4.83%)

$1,885,000,000 (80.38%)

$1,045,000,000 (-48.70%)

$2,037,000,000 (284.51%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

$2,818,000,000 (0.68%)

$2,799,000,000 (44.88%)

$1,932,000,000 (-35.08%)

$2,976,000,000 (1952.41%)

Invested Capital

$89,999,000,000 (2.91%)

$87,454,000,000 (4.48%)

$83,708,000,000 (-6.72%)

$89,735,000,000 (0.73%)

Working Capital

-

-

-

-

Tangible Asset Value

$81,596,000,000 (3.48%)

$78,850,000,000 (4.82%)

$75,221,000,000 (-7.45%)

$81,277,000,000 (2.30%)

Market Capitalization

$18,443,511,941 (18.71%)

$15,536,012,177 (12.18%)

$13,849,119,943 (-5.48%)

$14,652,811,637 (18.41%)

Average Equity

$16,747,750,000 (13.15%)

$14,801,500,000 (-1.33%)

$15,001,500,000 (-15.50%)

$17,754,000,000 (2.33%)

Average Assets

$81,880,750,000 (5.80%)

$77,393,250,000 (0.87%)

$76,723,250,000 (-5.56%)

$81,241,250,000 (2.39%)

Invested Capital Average

$90,542,500,000 (5.81%)

$85,567,750,000 (0.90%)

$84,802,000,000 (-5.07%)

$89,334,000,000 (0.99%)

Shares

217,776,738 (-2.45%)

223,250,642 (-5.97%)

237,427,052 (-6.41%)

253,684,412 (-7.71%)