Loews Corporation (L) Stock

Loews Corporation (L) is a Financials stock trading at $109.86 (as of 2026-08-21), with a market capitalization of $22.46B and a trailing P/E of 13.3. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Loews Corporation operates in insurance and energy infrastructure. It provides commercial property and casualty insurance products in the U.S. and internationally, including specialty lines, surety and fidelity, and various property and casualty coverages, which are distributed through independent agents, brokers, and managing general underwriters, and also offers related risk and claims services. It also has natural gas, NGL, and hydrocarbon pipeline transportation and storage operations.

Understand Loews Corporation: how it makes money

Loews Corporation provides commercial property and casualty insurance, including specialty and loss-sensitive coverage, and also has non-insurance businesses. It makes money primarily from insurance revenues (most from CNA Financial), with additional contributions from Boardwalk Pipelines and Loews Hotels & Co.

Loews profit is structurally driven by its insurance business revenue through CNA Financial, and it also has investment income within Corporate and other revenue lines.

Revenue by segment (latest quarter)
CNA$3.7B
Boardwalk$0.6B
Hotels$0.3B

Business quality (Mixed): The provided facts include segment revenue candidates for CNA Financial, Boardwalk Pipelines, and Loews Hotels & Co, but they do not include insurer-specific operating metrics (for example, loss, underwriting, or combined ratio measures), so the operating KPI set is limited.

Valuation: At 14× earnings, L trades in line with the Insurance average (13×). Note: one-time items can distort reported P/E.

Bull case

  • Largest revenue driver is CNA Financial: CNA Financial accounts for the majority of the reported revenue split candidates provided, so Loews has scale in its core insurance business.
  • Product breadth within property and casualty insurance: Loews offers multiple specialty insurance products (including management and professional liability), plus property, marine and boiler, and casualty coverages, which supports a diversified set of insurance lines.

Bear case

  • Results can be sensitive in loss-sensitive insurance programs: Loews provides loss-sensitive insurance programs, which can tie outcomes more directly to loss experience.
  • Revenue concentration in CNA Financial: Because CNA Financial is the largest segment by the provided revenue candidates, changes at CNA Financial could have an outsized impact versus the smaller Boardwalk Pipelines and Hotels contributions.
Valuation — source: SEC EDGAR (first-party)
Price$109.86
Market Cap$22.46B
P/E Ratio13.3
EV / EBITDA9.5
Price / Book1.12
Price / Sales1.20
FCF Yield7.9%
DCF Value (model)$141.35
DCF Upside vs Price28.7%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$18.45B
Net Margin9.0%
Revenue Growth (YoY)3.9%
EPS Growth (YoY)15.5%
FCF Growth (YoY)-18.8%
Valuation vs Sector & Industry
Stock P/E13.3
Sector P/E (Financials)15.1
Industry P/E (Insurance)13.0
vs Sector-11.8%
vs Industry2.1%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($2.05B)
Institutional Holders Tracked10
Congressional Trades (recent)7
Company
SectorFinancials
IndustryInsurance
CEOBenjamin J. Tisch
Employees13,000
CountryUS
IPO Date1980-03-17

Related Companies (Business model: Property & Casualty Insurer; 8 closest by market cap; US-domiciled)

  • The Hartford Financial Services Group, Inc. (HIG)
  • American International Group, Inc. (AIG)
  • Cincinnati Financial Corporation (CINF)
  • W. R. Berkley Corporation (WRB)
  • Markel Corporation (MKL)
  • CNA Financial Corporation (CNA)
  • American Financial Group, Inc. (AFG)
  • Kinsale Capital Group, Inc. (KNSL)
L earnings history · L institutional & insider holders · L KPIs & operating metrics · L financials · L investor presentations & press releases · L SEC filings · L peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.