Loews Corp
Loews Corporation, through its subsidiaries, provides commercial property and casualty insurance in the United States and internationally. The company offers specialty insurance products, such as management and professional liability and other coverage products; surety and fidelity bonds; professional liability coverages and risk management services to various professional firms, including archit… Read more
Loews Corp (L) - Net Assets
Latest net assets as of December 2025: $19.64 Billion USD
Based on the latest financial reports, Loews Corp (L) has net assets worth $19.64 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($86.35 Billion) and total liabilities ($66.71 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $19.64 Billion |
| % of Total Assets | 22.75% |
| Annual Growth Rate | 5.35% |
| 5-Year Change | 2.43% |
| 10-Year Change | -15.92% |
| Growth Volatility | 15.1 |
Loews Corp - Net Assets Trend (1985–2025)
This chart illustrates how Loews Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Loews Corp (1985–2025)
The table below shows the annual net assets of Loews Corp from 1985 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $19.64 Billion | +9.50% |
| 2024-12-31 | $17.94 Billion | +8.54% |
| 2023-12-31 | $16.52 Billion | +8.71% |
| 2022-12-31 | $15.20 Billion | -20.72% |
| 2021-12-31 | $19.18 Billion | -0.03% |
| 2020-12-31 | $19.18 Billion | -12.54% |
| 2019-12-31 | $21.93 Billion | +2.54% |
| 2018-12-31 | $21.39 Billion | -12.94% |
| 2017-12-31 | $24.57 Billion | +5.16% |
| 2016-12-31 | $23.36 Billion | +2.42% |
| 2015-12-31 | $22.81 Billion | -7.46% |
| 2014-12-31 | $24.65 Billion | -1.03% |
| 2013-12-31 | $24.91 Billion | +0.93% |
| 2012-12-31 | $24.68 Billion | +6.35% |
| 2011-12-31 | $23.20 Billion | +0.42% |
| 2010-12-31 | $23.11 Billion | +9.59% |
| 2009-12-31 | $21.09 Billion | +23.05% |
| 2008-12-31 | $17.14 Billion | -2.59% |
| 2007-12-31 | $17.59 Billion | -9.32% |
| 2006-12-31 | $19.40 Billion | +28.03% |
| 2005-12-31 | $15.15 Billion | +9.27% |
| 2004-12-31 | $13.87 Billion | +27.74% |
| 2003-12-31 | $10.86 Billion | -17.33% |
| 2002-12-31 | $13.13 Billion | +18.09% |
| 2001-12-31 | $11.12 Billion | -15.62% |
| 2000-12-31 | $13.18 Billion | +6.89% |
| 1999-12-31 | $12.33 Billion | -2.76% |
| 1998-12-31 | $12.68 Billion | +4.53% |
| 1997-12-31 | $12.13 Billion | +14.30% |
| 1996-12-31 | $10.61 Billion | +10.80% |
| 1995-12-31 | $9.58 Billion | +53.25% |
| 1994-12-31 | $6.25 Billion | -12.71% |
| 1993-12-31 | $7.16 Billion | +10.83% |
| 1992-12-31 | $6.46 Billion | -2.96% |
| 1991-12-31 | $6.66 Billion | +12.32% |
| 1990-12-31 | $5.93 Billion | +4.99% |
| 1989-12-31 | $5.65 Billion | +40.18% |
| 1988-12-31 | $4.03 Billion | +23.85% |
| 1987-12-31 | $3.25 Billion | +11.51% |
| 1986-12-31 | $2.92 Billion | +19.43% |
| 1985-12-31 | $2.44 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Loews Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 677.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $17.38 Billion | 92.99% |
| Common Stock | $2.00 Million | 0.01% |
| Other Comprehensive Income | $-1.07 Billion | -5.71% |
| Other Components | $2.37 Billion | 12.70% |
| Total Equity | $18.69 Billion | 100.00% |
Loews Corp Competitors by Market Cap
The table below lists competitors of Loews Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alliant Energy Corp
NASDAQ:LNT
|
$18.41 Billion |
|
Eternal Limited
NSE:ETERNAL
|
$18.42 Billion |
|
NVR Inc
NYSE:NVR
|
$18.44 Billion |
|
Terumo Corporation
PINK:TRUMF
|
$18.47 Billion |
|
Imperial Oil Ltd
NYSE MKT:IMO
|
$18.34 Billion |
|
BWX Technologies Inc
NYSE:BWXT
|
$18.32 Billion |
|
Tenet Healthcare Corporation
NYSE:THC
|
$18.32 Billion |
|
Chow Tai Fook Jewellery Group
PINK:CJEWY
|
$18.30 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Loews Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 17,066,000,000 to 18,686,000,000, a change of 1,620,000,000 (9.5%).
- Net income of 1,667,000,000 contributed positively to equity growth.
- Dividend payments of 52,000,000 reduced retained earnings.
- Share repurchases of 806,000,000 reduced equity.
- Other comprehensive income increased equity by 800,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.67 Billion | +8.92% |
| Dividends Paid | $52.00 Million | -0.28% |
| Share Repurchases | $806.00 Million | -4.31% |
| Other Comprehensive Income | $800.00 Million | +4.28% |
| Other Changes | $11.00 Million | +0.06% |
| Total Change | $- | 9.49% |
Book Value vs Market Value Analysis
This analysis compares Loews Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.22x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 43.21x to 1.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $2.51 | $108.58 | x |
| 1986-12-31 | $2.99 | $108.58 | x |
| 1987-12-31 | $3.48 | $108.58 | x |
| 1988-12-31 | $4.41 | $108.58 | x |
| 1989-12-31 | $5.33 | $108.58 | x |
| 1990-12-31 | $5.76 | $108.58 | x |
| 1991-12-31 | $6.87 | $108.58 | x |
| 1992-12-31 | $6.91 | $108.58 | x |
| 1993-12-31 | $7.93 | $108.58 | x |
| 1994-12-31 | $7.44 | $108.58 | x |
| 1995-12-31 | $11.64 | $108.58 | x |
| 1996-12-31 | $12.49 | $108.58 | x |
| 1997-12-31 | $14.01 | $108.58 | x |
| 1998-12-31 | $14.80 | $108.58 | x |
| 1999-12-31 | $14.97 | $108.58 | x |
| 2000-12-31 | $18.54 | $108.58 | x |
| 2001-12-31 | $16.44 | $108.58 | x |
| 2002-12-31 | $19.46 | $108.58 | x |
| 2003-12-31 | $19.51 | $108.58 | x |
| 2004-12-31 | $21.89 | $108.58 | x |
| 2005-12-31 | $23.46 | $108.58 | x |
| 2006-12-31 | $25.50 | $108.58 | x |
| 2007-12-31 | $27.29 | $108.58 | x |
| 2008-12-31 | $27.50 | $108.58 | x |
| 2009-12-31 | $38.99 | $108.58 | x |
| 2010-12-31 | $43.98 | $108.58 | x |
| 2011-12-31 | $46.31 | $108.58 | x |
| 2012-12-31 | $49.16 | $108.58 | x |
| 2013-12-31 | $49.96 | $108.58 | x |
| 2014-12-31 | $50.40 | $108.58 | x |
| 2015-12-31 | $48.42 | $108.58 | x |
| 2016-12-31 | $53.69 | $108.58 | x |
| 2017-12-31 | $56.90 | $108.58 | x |
| 2018-12-31 | $57.88 | $108.58 | x |
| 2019-12-31 | $63.03 | $108.58 | x |
| 2020-12-31 | $63.71 | $108.58 | x |
| 2021-12-31 | $68.59 | $108.58 | x |
| 2022-12-31 | $58.98 | $108.58 | x |
| 2023-12-31 | $68.93 | $108.58 | x |
| 2024-12-31 | $77.39 | $108.58 | x |
| 2025-12-31 | $89.36 | $108.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Loews Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.92%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.17%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 4.62x
- Recent ROE (8.92%) is below the historical average (9.40%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 24.12% | 9.32% | 0.39x | 6.60x | $344.78 Million |
| 1986 | 18.70% | 6.32% | 0.45x | 6.52x | $253.84 Million |
| 1987 | 21.41% | 7.47% | 0.42x | 6.83x | $370.97 Million |
| 1988 | 22.55% | 8.36% | 0.42x | 6.41x | $505.70 Million |
| 1989 | 18.86% | 7.93% | 0.35x | 6.75x | $426.05 Million |
| 1990 | 15.96% | 6.37% | 0.36x | 6.89x | $300.61 Million |
| 1991 | 15.96% | 6.64% | 0.35x | 6.92x | $337.59 Million |
| 1992 | 2.22% | 0.90% | 0.34x | 7.33x | $-430.10 Million |
| 1993 | 9.70% | 4.34% | 0.30x | 7.48x | $-18.60 Million |
| 1994 | 4.95% | 1.98% | 0.27x | 9.31x | $-272.73 Million |
| 1995 | 21.43% | 9.45% | 0.29x | 7.95x | $941.83 Million |
| 1996 | 15.85% | 6.77% | 0.30x | 7.72x | $510.78 Million |
| 1997 | 8.21% | 3.94% | 0.29x | 7.24x | $-172.91 Million |
| 1998 | 4.56% | 2.18% | 0.30x | 6.96x | $-555.32 Million |
| 1999 | 3.64% | 1.69% | 0.31x | 6.96x | $-634.57 Million |
| 2000 | 16.85% | 8.96% | 0.29x | 6.53x | $751.69 Million |
| 2001 | -5.74% | -2.96% | 0.25x | 7.74x | $-1.52 Billion |
| 2002 | 8.29% | 5.22% | 0.25x | 6.41x | $-187.55 Million |
| 2003 | -5.50% | -3.66% | 0.21x | 7.16x | $-1.68 Billion |
| 2004 | 10.11% | 8.08% | 0.21x | 6.05x | $12.97 Million |
| 2005 | 9.25% | 7.56% | 0.23x | 5.40x | $-97.61 Million |
| 2006 | 15.10% | 13.91% | 0.23x | 4.66x | $841.12 Million |
| 2007 | 14.15% | 17.40% | 0.19x | 4.33x | $729.90 Million |
| 2008 | 34.51% | 34.20% | 0.19x | 5.32x | $3.22 Billion |
| 2009 | 3.34% | 4.00% | 0.19x | 4.38x | $-1.13 Billion |
| 2010 | 6.99% | 8.82% | 0.19x | 4.13x | $-556.00 Million |
| 2011 | 5.66% | 7.52% | 0.19x | 4.01x | $-815.20 Million |
| 2012 | 2.92% | 4.04% | 0.18x | 4.11x | $-1.38 Billion |
| 2013 | 3.06% | 4.07% | 0.18x | 4.11x | $-1.35 Billion |
| 2014 | 3.07% | 4.13% | 0.18x | 4.06x | $-1.34 Billion |
| 2015 | 1.48% | 1.94% | 0.18x | 4.33x | $-1.50 Billion |
| 2016 | 3.60% | 4.99% | 0.17x | 4.22x | $-1.16 Billion |
| 2017 | 6.06% | 8.47% | 0.17x | 4.14x | $-756.40 Million |
| 2018 | 3.43% | 4.53% | 0.18x | 4.23x | $-1.22 Billion |
| 2019 | 4.87% | 6.33% | 0.18x | 4.30x | $-979.90 Million |
| 2020 | -5.21% | -6.81% | 0.17x | 4.49x | $-2.72 Billion |
| 2021 | 8.75% | 11.38% | 0.17x | 4.57x | $-222.60 Million |
| 2022 | 5.73% | 5.85% | 0.19x | 5.27x | $-612.90 Million |
| 2023 | 9.13% | 9.15% | 0.20x | 5.04x | $-136.40 Million |
| 2024 | 8.29% | 8.20% | 0.21x | 4.80x | $-292.60 Million |
| 2025 | 8.92% | 9.17% | 0.21x | 4.62x | $-201.60 Million |
Industry Comparison
This section compares Loews Corp's net assets metrics with peer companies in the Insurance - Property & Casualty industry.
Industry Context
- Industry: Insurance - Property & Casualty
- Average net assets among peers: $3,948,110,200
- Average return on equity (ROE) among peers: 16.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Loews Corp (L) | $19.64 Billion | 24.12% | 3.40x | $18.35 Billion |
| American Coastal Insurance Corp (ACIC) | $45.29 Million | -2.04% | 3.72x | $250.00 Million |
| American Financial Group Inc (AFG) | $1.95 Billion | -0.76% | 7.91x | $8.54 Billion |
| AmTrust Financial Services Inc Pref Series A (AFSIA) | $118.83 Million | 11.87% | 3.19x | $1.69 Billion |
| Aspen Insurance Holdings Limited (AHL) | $2.39 Billion | 15.82% | 1.78x | $14.67 Million |
| American Integrity Insurance Group, Inc. (AII) | $337.02 Million | 29.56% | 2.63x | $227.08 Million |
| Assurant Inc (AIZ) | $3.37 Billion | 2.66% | 6.24x | $10.74 Billion |
| The Allstate Corporation (ALL) | $30.61 Billion | 33.59% | 2.91x | $53.61 Billion |
| Admiral Group plc (AMIGF) | $68.95 Million | 44.87% | 4.47x | $10.33 Billion |
| Ategrity Specialty Insurance Company Holdings (ASIC) | $398.81 Million | 11.81% | 1.82x | $155.46 Million |
| Bowhead Specialty Holdings Inc. (BOW) | $192.08 Million | 13.04% | 4.35x | $707.67 Million |