# Loews Corporation (L) — Stock CV

Loews Corporation is a $21.8B financial services company. Revenue grew 3.5% over the last year, and it keeps 9¢ of every dollar of sales as profit. It trades at 12.9× earnings — around the middle of its own history.

> Loews Corp is a holding company along with its subsidiary engaged in commercial property and casualty insurance, transportation and storage of natural gas and natural gas liquids, operation of a chain of hotels, and also in the manufacture of rigid plastic packaging solutions.

## Identity

- **Ticker**: L
- **Sector**: Financial Services
- **Industry**: Insurance—Diversified
- **Headquarters**: NEW YORK, NY
- **Employees**: 13 100
- **Website**: https://www.loews.com
- **Market cap**: $21.8B
- **Last price**: $106.58
- **Financial profile**: Mixed

## Vitals (TTM)

- **Revenue**: $18.7B
- **Net income**: $1.69B
- **Free cash flow**: $1.77B
- **Net debt**: $3.44B
- **P/E**: 12.9
- **Revenue growth (YoY)**: 3.5%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 82 |
| Growth | 18 |
| Profitability | 49 |
| Health | 63 |
| Quality | 65 |
| Moat | 25 |

## Qualifications (beginner checklist) — 10 of 11 passed

- [x] Revenue growing — +3.5% YoY
- [x] Profitable — $1.69B TTM
- [x] Profit growing — +33.1% YoY
- [x] Generates cash — $1.77B TTM
- [x] Debt under control — ~2.0y of cash flow to repay
- [x] Established company — $21.8B market cap
- [x] Not printing shares — -25.4% shares over ~5y
- [x] Proven track record — 9/10 profitable years
- [ ] Financially stable — health score 43/100
- [x] Pays a dividend — yield 0.24%
- [x] Valuation not extreme — P/E 12.9

## Experience (career milestones)

- **Q2 2026** — 2 open-market insider purchases: ~10K shares bought by insiders
- **FY2025** — Best year on record: $1.67B net income
- **2024** — Noble Corporation completed its acquisition of Diamond Offshore in a cash-and-stock transaction…
- **2021** — Diamond emerged from bankruptcy in April 2021 after equitizing approximately $2.1 billion in senior unsecured notes
- **FY2019** — Positive free cash flow every year since: 7-year streak
- **2018** — Loews exercised a call-right provision in Boardwalk's partnership agreement and took the company…
- **2017** — Loews acquired Consolidated Container Company from Bain Capital for approximately $1.2 billion,…
- **FY2016** — First recorded profitable year: $654M net income
- **FY2016** — Revenue already above $10B: $13.1B in first reported year
- **2003** — Loews purchased Texas Gas Transmission, then bought Gulf South Pipeline Company a year later
- **1995** — The operating subsidiary, which went public in 1995, provides contract drilling services to the energy industry…
- **1992** — The subsidiary acquired ODECO in 1992, adding 39 oil rigs
- **1989** — The company acquired Diamond M Drilling
- **1968** — Loews acquired Lorillard Tobacco Company in 1968, CNA Financial in 1974
- **1960** — The brothers became co-chairmen

## Strengths

- Interest covered 7.4× by operating earnings

## Watch-outs

- Loss-making in 1 of the recent years

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $14.7B | $1.58B | $2.14B |
| FY2022 | $14.0B | $1.01B | $2.65B |
| FY2023 | $15.9B | $1.43B | $3.22B |
| FY2024 | $17.5B | $1.41B | $2.39B |
| FY2025 | $18.5B | $1.67B | $2.70B |

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Source: https://stockcv.com/L — derived from company filings; may be delayed or incomplete. Information, not investment advice.
