Loews (L)
Holding company for commercial insurance, natural-gas infrastructure, hotels and rigid plastic packaging.
$105.91
After hours+0.01 (+0.01%)
At close$105.90(−0.80%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,897 | 4,192 | 4,177 | 4,193 | 4,399 | 4,470 | 4,438 | 4,474 | 4,603 | 4,661 | 4,555 | 4,734 |
| Cost of revenue | 2,252 | 2,246 | 2,251 | 2,317 | 2,476 | 2,492 | 2,498 | 2,554 | 2,515 | 2,625 | 2,175 | 2,525 |
| Gross profit | 1,645 | 1,946 | 1,926 | 1,876 | 1,923 | 1,978 | 1,940 | 1,920 | 2,088 | 2,036 | 2,380 | 2,209 |
| 1,289 | 1,333 | 1,297 | 1,369 | 1,373 | 1,790 | 1,426 | 1,381 | 1,399 | 1,495 | 1,841 | 901 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 476 | 343 | |
| Selling & marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 476 | 0 |
| General & administrative | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 343 |
| Other expenses | 1,289 | 1,333 | 1,297 | 1,369 | 1,373 | 1,790 | 1,426 | 1,381 | 1,399 | 1,495 | 1,365 | 558 |
| Operating income | 356 | 613 | 629 | 507 | 550 | 188 | 514 | 539 | 689 | 541 | 539 | 1,308 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −76 | −696 | |
| Interest expense | 94 | 96 | 103 | 114 | 114 | 110 | 105 | 107 | 112 | 113 | 113 | 103 |
| Other non-operating income | −94 | −65 | −103 | −114 | −114 | −110 | −105 | −107 | −112 | −113 | 0 | 0 |
| Income before tax | 356 | 613 | 629 | 507 | 550 | 188 | 514 | 539 | 689 | 541 | 463 | 612 |
| Income tax expense | 80 | 136 | 144 | 112 | 125 | −1 | 122 | 123 | 153 | 113 | −109 | 141 |
| Net income from continuing operations | 276 | 477 | 485 | 395 | 425 | 189 | 392 | 416 | 536 | 428 | 572 | 471 |
| Net income | 253 | 446 | 457 | 369 | 401 | 187 | 370 | 391 | 504 | 402 | 572 | 444 |
| EPS, basic | $1.12 | $1.99 | $2.05 | $1.67 | $1.83 | $0.86 | $1.74 | $1.87 | $2.43 | $1.94 | $1.63 | $2.16 |
| EPS, diluted | $1.12 | $1.98 | $0.15 | $1.67 | $1.82 | $0.86 | $1.74 | $1.87 | $2.43 | $1.92 | $1.63 | $2.16 |
| Weighted average shares, basic | 226 | 224 | 223 | 221 | 220 | 218 | 213 | 209 | 209 | 207 | 206 | 206 |
| Weighted average shares, diluted | 226 | 225 | 223 | 222 | 220 | 218 | 213 | 209 | 209 | 209 | 206 | 206 |
| EBITDA | 450 | 678 | 859 | 729 | 664 | 298 | 750 | 646 | 801 | 654 | 539 | 1,447 |
| Depreciation & amortization | 0 | 0 | 127 | 108 | 0 | 0 | 131 | 0 | 0 | 0 | 0 | 139 |
| EBIT | 450 | 678 | 732 | 621 | 664 | 298 | 619 | 646 | 801 | 654 | 539 | 1,308 |
