L
Income statement / Annual
Last year (2023), Loews Corporation's total revenue was $15.68 B,
an increase of 11.63% from the previous year.
In 2023, Loews Corporation's net income was $1.43 B.
See Loews Corporation’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$15.68 B
|
$14.04 B
|
$14.12 B
|
$13.79 B
|
$14.93 B
|
$14.07 B
|
$13.74 B
|
$13.11 B
|
$13.42 B
|
$14.33 B
|
| Cost of Revenue |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Gross Profit |
$15.68 B |
$14.04 B |
$14.12 B |
$13.79 B |
$14.93 B |
$14.07 B |
$13.74 B |
$13.11 B |
$13.42 B |
$14.33 B |
| Gross Profit Ratio |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling & Marketing
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$3.38 B
|
$3.05 B
|
$2.96 B
|
$3.92 B
|
$4.85 B
|
$4.81 B
|
$4.67 B
|
$4.16 B
|
$0.00
|
$0.00
|
| Other Expenses |
-$6.58 B |
$3.08 B |
-$15.62 B |
-$19.08 B |
-$18.85 B |
$12.66 B |
$11.51 B |
$11.63 B |
$12.65 B |
$12.02 B |
| Operating Expenses |
$6.58 B |
$3.08 B |
-$15.62 B |
-$19.08 B |
-$18.85 B |
$12.66 B |
$11.51 B |
$11.63 B |
$12.65 B |
$12.02 B |
| Cost And Expenses |
$13.68 B |
$12.66 B |
$11.94 B |
$15.26 B |
$13.81 B |
$13.23 B |
$12.15 B |
$12.17 B |
$13.17 B |
$12.52 B |
| Interest Income |
$0.00 |
$378.00 M |
$424.00 M |
$515.00 M |
$591.00 M |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Interest Expense |
$376.00 M |
$378.00 M |
$424.00 M |
$515.00 M |
$591.00 M |
$574.00 M |
$646.00 M |
$536.00 M |
$520.00 M |
$498.00 M |
| Depreciation &
Amortization |
$1.74 B
|
$1.71 B
|
$1.61 B
|
$1.65 B
|
$1.69 B
|
$1.66 B
|
$874.00 M
|
$841.00 M
|
$955.00 M
|
$899.00 M
|
| EBITDA |
-$1.66 B
|
$1.16 B
|
-$991.00 M
|
-$4.56 B
|
-$2.98 B
|
$2.25 B
|
$2.85 B
|
$2.25 B
|
$1.69 B
|
$2.45 B
|
| EBITDA Ratio |
-0.11 |
0.08 |
-0.07 |
-0.33 |
-0.2 |
0.16 |
0.21 |
0.17 |
0.13 |
0.17 |
| Operating Income Ratio
|
-0.14
|
0.05
|
-0.11
|
-0.38
|
-0.26
|
0.1
|
0.14
|
0.11
|
0.05
|
0.11
|
| Total Other
Income/Expenses Net |
$4.08 B
|
$729.00 M
|
$3.69 B
|
$3.83 B
|
$5.04 B
|
$4.99 B
|
$4.44 B
|
$4.00 B
|
$4.70 B
|
$4.90 B
|
| Income Before Tax |
$2.00 B |
$1.38 B |
$2.18 B |
-$1.46 B |
$1.12 B |
$834.00 M |
$1.58 B |
$936.00 M |
$244.00 M |
$1.81 B |
| Income Before Tax Ratio
|
0.13
|
0.1
|
0.15
|
-0.11
|
0.07
|
0.06
|
0.12
|
0.07
|
0.02
|
0.13
|
| Income Tax Expense |
$451.00 M |
$278.00 M |
$479.00 M |
-$173.00 M |
$248.00 M |
$128.00 M |
$170.00 M |
$220.00 M |
-$43.00 M |
$457.00 M |
| Net Income |
$1.43 B |
$822.00 M |
$1.56 B |
-$1.29 B |
$932.00 M |
$636.00 M |
$1.16 B |
$654.00 M |
$260.00 M |
$591.00 M |
| Net Income Ratio |
0.09 |
0.06 |
0.11 |
-0.09 |
0.06 |
0.05 |
0.08 |
0.05 |
0.02 |
0.04 |
| EPS |
6.3 |
3.39 |
6.08 |
-4.61 |
3.08 |
1.99 |
3.46 |
1.93 |
0.76 |
1.55 |
| EPS Diluted |
6.29 |
3.38 |
6.06 |
-4.61 |
3.07 |
1.99 |
3.45 |
1.93 |
0.72 |
1.55 |
| Weighted Average Shares
Out |
$227.48 M
|
$242.83 M
|
$259.67 M
|
$280.32 M
|
$302.70 M
|
$319.06 M
|
$336.61 M
|
$337.95 M
|
$339.90 M
|
$381.92 M
|
| Weighted Average Shares
Out Diluted |
$227.81 M
|
$243.28 M
|
$260.20 M
|
$280.32 M
|
$303.35 M
|
$319.93 M
|
$337.50 M
|
$338.31 M
|
$362.69 M
|
$382.55 M
|
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