Loews reported revenue of $18.48 billion for fiscal year 2025 (ended December 31, 2025), up 5.3% from fiscal year 2024. Net income was $1.67 billion, a net margin of 9.0%.
At the end of fiscal year 2025 it had total assets of $86.35 billion, total liabilities of $67.66 billion and shareholders' equity of $18.69 billion, with total debt of $9.49 billion.
Its operations brought in $3.28 billion of cash.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.

Annual • USD
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $18.5B | $17.6B | $15.9B | $14.2B | $13.7B |
| Operating income | $2.6B | $2.2B | $2.2B | $1.5B | $2.6B |
| Net income | $1.7B | $1.4B | $1.4B | $822.0M | $1.6B |
| Diluted EPS | – | – | – | – | $6.00 |
| Total assets | $86.3B | $81.9B | $79.2B | $75.6B | $81.6B |
| Total liabilities | $67.7B | $64.9B | $63.5B | $61.2B | $62.5B |
| Shareholders' equity | $18.7B | $17.1B | $15.7B | $14.3B | $17.8B |
| Cash | – | – | – | – | $621.0M |
| Total debt | $9.5B | $8.9B | $9.0B | $9.0B | $9.1B |
| Operating cash flow | $3.3B | $3.0B | $3.9B | $3.3B | $2.6B |
| Capital spending | – | – | – | – | $482.0M |
| Free cash flow | – | – | – | – | $2.1B |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
$18.48 billion, up 5.3% from $17.55 billion in fiscal year 2024.
Loews reported net income of $1.67 billion for fiscal year 2025 (9.0% of revenue); operating income was $2.64 billion.
At the end of fiscal year 2025: total debt of $9.49 billion.