LOEWS (L) Company Report

Loews reported net income of $504 million, or $2.43 per share, in Q3 2025, up from $401 million, or $1.82 per share in Q3 2024.
CNA Financial contributed $371 million of net income (+43% YoY) and Boardwalk Pipelines net income was $94 million (+22% YoY).
Book value per share rose to $88.39 (from $79.49 at YE 2024) and, excluding AOCI, to $94.00 (from $88.18).
The company repurchased 0.6 million shares for $56 million during the quarter.
Boardwalk executed a precedent agreement for the Texas Gateway project, adding 1.5 Bcf/d capacity, bringing total announced growth to 4.2 Bcf/d at an anticipated cost of $3 billion.

Nov 3, 2025, 11:08 AM

Loews reports Q3 2025 results

Earnings

Share Buyback

Dividends

Loews reports Q3 2025 revenues of $4.671 billion (up 4.6% y/y) and net income of $504 million ($2.43/share) vs $401 million ($1.82/share) in Q3 2024.
Book value per share rose to $88.39 as of September 30, 2025 from $79.49 at year-end 2024, and parent cash & investments totaled $3.588 billion.
CNA segment net income increased 43% to $371 million, Boardwalk contributed $94 million (+22%), while Loews Hotels incurred a $3 million loss in Q3 2025.
Since June 30, 2025, Loews repurchased 0.9 million shares for $85 million and paid a $0.0625 dividend per share; subsidiaries distributed $189 million in dividends.

Nov 3, 2025, 11:00 AM

Loews Corporation reports Q3 2025 results

Earnings

Share Buyback

New Projects/Investments

Net income of $504 million, or $2.43 per share, in Q3 2025 vs. $401 million, or $1.82 per share, in Q3 2024
Book value per share increased to $88.39 (excluding AOCI: $94.00) as of Sept 30, 2025, from $79.49 (excluding AOCI: $88.18) at Dec 31, 2024
CNA Financial net income rose 43% to $371 million and Boardwalk Pipelines net income climbed 22% to $94 million year-over-year
Repurchased 0.6 million shares for $56 million in Q3 2025; held $3.6 billion of cash and investments against $1.8 billion of debt at Sept 30, 2025
Boardwalk Pipelines agreed a precedent deal for the Texas Gateway Project, adding 1.5 Bcf/d capacity—bringing total announced growth to 4.2 Bcf/d at an estimated cost of $3.0 billion

Nov 3, 2025, 11:00 AM

Loews Corp reports Q2 2025 results

Earnings

Share Buyback

Dividends

Revenues of $4.555 billion in Q2 2025, up from $4.267 billion in Q2 2024; net income of $391 million, or $1.87 per share, vs $369 million, or $1.67 per share in Q2 2024.
Book value per share rose to $84.42 as of June 30, 2025 (from $79.49 at December 31, 2024); excluding AOCI, it increased to $91.66 vs $88.18.
Cash and investments of $3.4 billion with parent debt of $1.8 billion at June 30, 2025; repurchased 3.0 million shares for $260 million since March 31, 2025; dividend maintained at $0.0625 per share.
Net income by segment: CNA $274 million, Boardwalk $88 million, Hotels $28 million and Corporate $1 million in Q2 2025.

Aug 4, 2025, 11:00 AM

Loews Corp Reports Q1 2025 Earnings, Share Buyback, and Segment Updates

Earnings

Dividends

Share Buyback

Loews Corp reported Q1 2025 net income of $370 million and EPS of $1.74, compared to Q1 2024 figures of $457 million and $2.05 per share, driven by lower underwriting income from CNA and reduced earnings from hotels and parent investments
The company repurchased 5.1 million common shares for $429 million since December 31, 2024, underscoring active capital allocation and a reduction in outstanding shares
Segment performance revealed CNA’s net income dropping from $310 million to $252 million, while Boardwalk Pipelines delivered $152 million in net income with improved EBITDA of $346 million supported by higher re-contracting rates and growth projects
Subsidiaries provided $686 million in dividends in Q1 2025, reinforcing a consistent dividend policy
The firm maintained robust liquidity with $3.5 billion in cash and investments
Book value per share, excluding AOCI, increased to $89.74 as of March 31, 2025, highlighting enhanced financial strength