Loews Corporation balance sheet
At the end of fiscal 2025, Loews Corporation had total assets of $86.35bn, total liabilities of $66.71bn and shareholders' equity of $18.69bn. It held $495m in cash against $9.49bn of debt.
Balance sheet
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | — | — | — | — | — | — | 0.4 | 0.3 | 0.5 | 0.4 | 0.3 | 0.5 | 0.6 | 0.5 | 0.4 | 0.5 | 0.5 | 0.5 |
| Goodwill | 0.9 | 0.9 | 0.9 | 0.4 | 0.4 | 0.4 | 0.4 | 0.3 | 0.7 | 0.7 | 0.8 | 0.8 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.5 |
| Total assets | 74.1 | 76.3 | 75.3 | 80.0 | 79.9 | 78.4 | 76.0 | 76.6 | 79.6 | 78.3 | 82.2 | 80.2 | 81.6 | 75.6 | 79.2 | 81.9 | 86.3 | 85.3 |
| Short-term debt | 0.0 | 0.6 | 0.1 | 0.0 | — | — | — | — | — | — | 0.1 | 0.0 | — | — | — | — | — | — |
| Long-term debt | 9.5 | 8.8 | 8.9 | 9.2 | 10.8 | 10.7 | 10.6 | 10.8 | 11.5 | 11.4 | 11.5 | 10.1 | 9.0 | 8.2 | 7.9 | 8.9 | 8.4 | 8.4 |
| Total debt | 9.5 | 9.5 | 9.0 | 9.3 | 10.8 | 10.7 | 10.6 | 10.9 | 11.7 | 11.5 | 11.6 | 10.1 | 9.1 | 9.0 | 9.0 | 8.9 | 9.5 | 8.9 |
| Total liabilities | 53.0 | 53.2 | 52.1 | 55.3 | 55.0 | 53.7 | 53.2 | 53.2 | 55.0 | 56.9 | 60.3 | 61.1 | 62.5 | 60.4 | 62.7 | 64.0 | 66.7 | 66.2 |
| Shareholders' equity | 16.9 | 18.5 | 18.8 | 19.5 | 19.5 | 19.3 | 17.6 | 18.2 | 19.2 | 18.5 | 19.1 | 17.9 | 17.8 | 14.3 | 15.7 | 17.1 | 18.7 | 18.3 |
| Non-controlling interests and other (assets − liabilities − equity) | 4.2 | 4.7 | 4.4 | 5.2 | 5.4 | 5.4 | 5.2 | 5.2 | 5.4 | 2.9 | 2.8 | — | — | — | — | — | — | — |
| Shares outstanding | — | — | — | — | 387m | 373m | 340m | 337m | — | — | — | — | — | — | — | — | — | — |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Goodwill | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.5 | 0.5 |
| Total assets | 81.9 | 83.1 | 84.7 | 85.9 | 86.3 | 85.7 | 87.2 | 85.3 |
| Long-term debt | 8.9 | 8.4 | 7.9 | 8.4 | 8.4 | 8.9 | 8.9 | 8.4 |
| Total debt | 8.9 | 8.4 | 7.9 | 8.4 | 8.4 | 8.9 | 8.9 | 8.4 |
| Total liabilities | 64.0 | 65.1 | 66.3 | 66.7 | 66.7 | 66.1 | 67.2 | 66.2 |
| Shareholders' equity | 17.1 | 17.2 | 17.5 | 18.3 | 18.7 | 18.7 | 19.1 | 18.3 |
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