L - Loews Corporation
NYSE
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Financial Services
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Insurance—Property & Casualty
New York,
United States
Type: Equity
L price evolution
L
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $399 | $762 | $463 | $594 |
| Short term investments | ||||
| Net receivables | $9660 | $9437 | $9926 | $9416 |
| Inventory | ||||
| Total current assets | ||||
| Long term investments | ||||
| Property, plant & equipment | $10718 | $10674 | $10328 | $10098 |
| Goodwill & intangible assets | $347 | $346 | $347 | $346 |
| Total noncurrent assets | ||||
| Total investments | $49369 | $46413 | $47563 | $47589 |
| Total assets | $79197 | $76469 | $77347 | $76560 |
| Current liabilities | ||||
| Accounts payable | $79 | $444 | $191 | $220 |
| Deferred revenue | $11627 | $11525 | $11713 | $11291 |
| Short long term debt | ||||
| Total current liabilities | $1084 | $1261 | $961 | $908 |
| Long term debt | $7919 | $7925 | $8094 | $8150 |
| Total noncurrent liabilities | ||||
| Total debt | $9003 | $9186 | $9055 | $9058 |
| Total liabilities | $62672 | $61311 | $61877 | $61246 |
| Shareholders' equity | ||||
| Retained earnings | $15617 | $15877 | $15637 | $15293 |
| Other shareholder equity | -$2497 | -$3473 | -$3160 | -$3062 |
| Total shareholder equity | $15704 | $14448 | $14603 | $14451 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $399 | $532 | $621 | $478 |
| Short term investments | ||||
| Net receivables | $9660 | $9403 | $9273 | $7833 |
| Inventory | ||||
| Total current assets | ||||
| Long term investments | ||||
| Property, plant & equipment | $10718 | $10355 | $9888 | $10451 |
| Goodwill & intangible assets | $347 | $346 | $349 | $785 |
| Total noncurrent assets | ||||
| Total investments | $49369 | $46768 | $53938 | $53844 |
| Total assets | $79197 | $75494 | $81626 | $80236 |
| Current liabilities | ||||
| Accounts payable | $79 | $133 | $90 | $92 |
| Deferred revenue | $11627 | $11088 | $10264 | $9142 |
| Short long term debt | ||||
| Total current liabilities | $1468 | $1251 | $456 | $538 |
| Long term debt | $7919 | $8165 | $8986 | $10072 |
| Total noncurrent liabilities | $8986 | $10072 | ||
| Total debt | $9003 | $9019 | $9079 | $10109 |
| Total liabilities | $62672 | $60896 | $62451 | $61055 |
| Shareholders' equity | ||||
| Retained earnings | $15617 | $15144 | $14776 | $14150 |
| Other shareholder equity | -$2497 | -$808 | $186 | $581 |
| Total shareholder equity | $15704 | $14598 | $17846 | $17860 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $4258 | $3926 | $3934 | $3783 |
| Cost of revenue | $2636 | $2638 | $2566 | $2416 |
| Gross Profit | $1622 | $1288 | $1368 | $1367 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $944 | $860 | $808 | $781 |
| Total operating expenses | $944 | $860 | $808 | $781 |
| Operating income | $678 | $428 | $560 | $586 |
| Income from continuing operations | ||||
| EBIT | $678 | $427 | $571 | $585 |
| Income tax expense | $136 | $80 | $120 | $115 |
| Interest expense | $96 | $94 | $91 | $95 |
| Net income | ||||
| Net income | $446 | $253 | $360 | $375 |
| Income (for common shares) | $446 | $253 | $360 | $375 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $15901 | $14044 | $14657 | $12583 |
| Cost of revenue | $10256 | $9347 | $9120 | $8739 |
| Gross Profit | $5645 | $4697 | $5537 | $3844 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $3393 | $3077 | $2931 | $4793 |
| Total operating expenses | $3393 | $3077 | $2931 | $4793 |
| Operating income | $2252 | $1620 | $2606 | -$949 |
| Income from continuing operations | ||||
| EBIT | $2261 | $1668 | $2481 | -$589 |
| Income tax expense | $451 | $278 | $479 | -$173 |
| Interest expense | $376 | $378 | $424 | $515 |
| Net income | ||||
| Net income | $1434 | $1012 | $1578 | -$931 |
| Income (for common shares) | $1434 | $1012 | $1578 | -$931 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | $446 | $253 | $360 | $375 |
| Operating activities | ||||
| Depreciation | $538 | |||
| Business acquisitions & disposals | -$53 | -$348 | ||
| Stock-based compensation | ||||
| Total cash flows from operations | $477 | $1277 | $1434 | $719 |
| Investing activities | ||||
| Capital expenditures | -$223 | -$164 | -$140 | -$159 |
| Investments | -$200 | -$232 | -$1107 | $59 |
| Total cash flows from investing | -$492 | -$786 | -$1333 | -$134 |
| Financing activities | ||||
| Dividends paid | -$14 | -$14 | -$14 | -$15 |
| Sale and purchase of stock | -$140 | -$116 | -$131 | -$462 |
| Net borrowings | -$190 | $129 | -$75 | $36 |
| Total cash flows from financing | -$353 | -$188 | -$235 | -$524 |
| Effect of exchange rate | $5 | -$4 | $3 | $1 |
| Change in cash and equivalents | -$363 | $299 | -$131 | $62 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $1434 | $1012 | $1578 | -$931 |
| Operating activities | ||||
| Depreciation | $538 | $509 | $515 | $734 |
| Business acquisitions & disposals | -$401 | -$63 | $497 | -$476 |
| Stock-based compensation | ||||
| Total cash flows from operations | $3907 | $3314 | $2623 | $1745 |
| Investing activities | ||||
| Capital expenditures | -$686 | -$660 | -$482 | -$710 |
| Investments | -$1480 | -$1532 | -$1289 | -$101 |
| Total cash flows from investing | -$2745 | -$2347 | -$1187 | -$1414 |
| Financing activities | ||||
| Dividends paid | -$57 | -$61 | -$65 | -$70 |
| Sale and purchase of stock | -$849 | -$729 | -$1136 | -$923 |
| Net borrowings | -$100 | -$67 | $6 | $933 |
| Total cash flows from financing | -$1300 | -$1037 | -$1289 | -$198 |
| Effect of exchange rate | $5 | -$19 | -$4 | $9 |
| Change in cash and equivalents | -$133 | -$89 | $143 | $142 |
News
Fundamentals
| Market cap | $17.04B |
|---|---|
| Enterprise value | $25.65B |
| Shares outstanding | 222.17M |
| Revenue | $15.90B |
|---|---|
| EBITDA | $2.80B |
| EBIT | $2.26B |
| Net Income | $1.43B |
| Revenue Q/Q | 12.26% |
| Revenue Y/Y | 13.22% |
| P/E ratio | 11.89 |
|---|---|
| EV/Sales | 1.61 |
| EV/EBITDA | 9.16 |
| EV/EBIT | 11.34 |
| P/S ratio | 1.07 |
| P/B ratio | 0.94 |
| Book/Share | 81.92 |
| Cash/Share | 1.80 |
| EPS | $6.45 |
|---|---|
| ROA | 1.85% |
| ROE | 9.69% |
| Debt/Equity | 3.99 |
|---|---|
| Net debt/EBITDA | 22.25 |
| Current ratio | N/A |
| Quick ratio | N/A |