Loews Corporation

Loews Corporation is a diversified company with three publicly-traded subsidiaries: CNA Financial Corporation, Diamond Offshore Drilling, Inc. and Boardwalk Pipeline Partners, LP; and one wholly owned subsidiary, Loews Hotels & Resorts. Our team of corporate employees perform a wide range of functions, working together to provide strategic direction and services to Loews and our four subsidiaries. From Accounting and Audit to Information Technology and Investment professionals, our diverse team has experience across many industries and disciplines.

Company Growth (employees)
Type
Public
HQ
New York, US
Founded
1954
Size (employees)
15,800 (est)
Website
loews.com
Loews Corporation was founded in 1954 and is headquartered in New York, US

Key People at Loews Corporation

James S. Tisch

James S. Tisch

President and Chief Executive Officer

Loews Corporation Office Locations

Loews Corporation has offices in New York, Chicago, Houston
New York, US (HQ)
667 Madison Ave
New York, US
Madison Ave
Houston, US
Katy Fwy
Houston, US
Greenway Plaza
Chicago, US
333 S Wabash Ave

Loews Corporation Metrics

Loews Corporation Financial Metrics

Revenue (2016)

$13.1 b

Revenue growth (2015-16), %

(2%)

Net income (2016)

$716 m

Market capitalization (21-Mar-2017)

$15.8 b

Closing share price (21-Mar-2017)

$46.9

Cash (31-Dec-2016)

$327 m
Loews Corporation's current market capitalization is $15.8 b.
Loews Corporation's revenue was reported to be $13.1 b in FY, 2016 which is a 2.3% decrease from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$14.6 b$14.3 b$13.4 b$13.1 b

Revenue growth, %

(2%)(6%)(2%)

Operating expense total

$12.3 b$12.5 b$13.2 b$12.2 b

Interest expense

$442 m$498 m$520 m$536 m

Pre tax profit

$2.3 b$1.8 b$244 m$936 m

Income tax expense

$656 m$457 m($43 m)$220 m

Net Income

$1.1 b$962 m$287 m$716 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$295 m$364 m$440 m$327 m

Goodwill

$357 m$374 m$351 m$346 m

Total Assets

$79.9 b$78.4 b$76 b$76.6 b

Total Debt

Additional Paid-in Capital

$3.6 b$3.5 b$3.2 b$3.2 b

Retained Earnings

$15.5 b$15.5 b$14.7 b$15.2 b

Total Equity

$24.9 b$24.7 b$22.8 b$23.4 b

Financial Leverage

3.2 x3.2 x3.3 x3.3 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$1.1 b$962 m$287 m$716 m

Purchases of PP&E

($235 m)($448 m)($157 m)($79 m)

Dividends Paid

($97 m)($95 m)($90 m)($84 m)

Loews Corporation Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Consolidated ContainerApril 11, 2017$1.2 b

Loews Corporation Market Value History

Loews Corporation Online Presence

Loews Corporation Company Life

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