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Loews Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Loews holds $85.7B in total assets. Shareholders' equity is $18.7B against $8.9B in total debt. Cash and equivalents total $843.0M. Based on the Q1 2026 filing.

Total Assets$85.7BTotal Stockholders Equity$18.7BLong Term Debt$8.9BCash And Equivalents$843.0M
Latest FilingQ1 2026
Report Date2026-05-04
Market Cap$22.2B
P/E Ratio13.60
ROE9.1%

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts receivable, net$539.0M$246.0M$427.0M—$65.0M-$1.0M
Available-for-Sale Debt Securities - Unrealized Loss Position$3.0B$2.8B$2.7B$2.3B$2.3B$2.6B
AFS and Trading Securities - Unrealized Loss Position Fair Value$27.3B$25.8B$24.0B$20.7B$20.6B$24.7B
Cash and cash equivalents$541.0M$560.0M$447.0M$567.0M$495.0M$843.0M
Cash, Cash Equivalents, and Marketable Securities$27.3B$25.8B$24.0B$20.7B$20.6B$24.7B
Short- term Investments$4.6B$4.4B$4.5B$5.4B$6.0B$5.3B
Current Equity Amortized Cost$969.0M$1.2B$1.2B$1.2B$1.2B$1.4B
Debt Securities (Trading and AFS) - Cost Basis————$633.0M$390.0M
Equity Securities (FV-NI) - Cost Basis$969.0M$1.2B$1.2B$1.2B$1.2B$1.4B
Trading assets————$633.0M$390.0M
Short-term investments$4.6B$4.4B$4.5B$5.4B$6.0B$5.3B

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accrued interest$442.0M$456.0M$451.0M$469.0M$470.0M$477.0M
Liability for Claims and Claims Adjustment Expense$25.0B$25.6B$26.2B$26.5B$26.6B$26.9B
Current portion of long-term debt$5.0M$505.0M$1.0B$1.0B$1.1B$1.0M
Current Portion of Long-Term Debt and Finance Lease Obligations$5.0M$505.0M$1.0B$1.0B$1.1B$1.0M
Deferred revenue$4.5B$4.5B$4.4B$4.3B$4.1B$4.0B
Unearned premiums$7.3B$7.5B$7.9B$7.6B$7.6B$7.6B
Payables to Broker Dealers and Clearing Organizations$110.0M$206.0M$374.0M$133.0M$53.0M$206.0M

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Additional paid-in capital$2.5B$2.5B$2.5B$2.5B$2.4B$2.3B
Accumulated other comprehensive income (loss)-$1.9B-$1.7B-$1.5B-$1.2B-$1.1B-$1.3B
Common stock2M1.8B1.8B1.8B1.8B1.8B
Common Stock Par Value Per Share$0.01$0.01$0.01$0.01$0.01$0.01
Common Stock Shares Issued214.9M215M215M215.1M206M206.1M
Convertible Preferred Stock Authorized Shares100M100M100M100M100M100M
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$2.0M$2.0M$2.0M$2.0M$2.0M$2.0M
Investments - Gross Unrealized Losses$27.3B$25.8B$24.0B$20.7B$20.6B$24.7B
Noncontrolling interests$871.0M$843.0M$875.0M$931.0M$955.0M$887.0M
Preferred Stock Par Value Per Share$0.10$0.10$0.10$0.10$0.10$0.10
Retained earnings$16.5B$16.8B$17.2B$17.7B$17.4B$17.7B
Total liabilities and stockholders' equity$81.9B$83.1B$84.7B$85.9B$86.3B$85.7B
Total stockholders' equity$17.1B$17.2B$17.5B$18.3B$18.7B$18.7B
Total Stockholders' Equity Before Treasury Stock$17.1B$17.6B$18.2B$19.0B$18.7B$18.7B
Treasury stock$18.0M$398.0M$651.0M$708.0M$0.0$31.0M
Unrealized Gains on Investments$715.0M$796.0M$863.0M$1.1B$1.1B$813.0M
Unrealized Losses on Investments (Before Tax)$3.0B$2.8B$2.7B$2.3B$2.3B$2.6B

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Allowance for credit losses$35.0M$35.0M$40.0M$40.0M$15.0M$15.0M
Net loans$10.5B$10.8B$11.4B$10.9B$11.0B$11.0B
Capitalized Contract Costs, Net$3.5B$3.5B$3.4B$3.3B$3.2B$3.1B
Equity Amortized Cost$969.0M$1.2B$1.2B$1.2B$1.2B$1.4B
Equity method investments$2.5B$2.6B$2.8B$2.8B$2.9B$2.9B
Available-for-sale securities$45.0M$47.0M$51.0M$61.0M$69.0M$75.0M
Goodwill$347.0M$347.0M$349.0M$349.0M$349.0M$348.0M
Deferred policy acquisition costs$959.0M$999.0M$1.0B$985.0M$986.0M$1.0B
Equity securities$1.1B$1.2B$1.3B$1.3B$1.3B$1.4B
Investments - Cost Basis$969.0M$1.2B$1.2B$1.2B$1.2B$1.4B
Long-term investments$51.1B$52.0B$53.0B$54.8B$55.4B$54.3B
Investments$51.1B$52.0B$53.0B$54.8B$55.4B$54.3B
Investments$2.5B$2.6B$2.8B$2.8B$2.9B$2.9B
Other Assets$4.2B$4.3B$4.4B$4.3B$4.2B$4.3B
Other Investments$1.1B$1.2B$1.1B$1.2B$1.2B$1.2B
Other non-current assets$4.2B$4.3B$4.4B$4.3B$4.2B$4.3B
Property and equipment, net$10.7B$10.7B$10.7B$10.7B$10.7B$10.8B
Total assets$81.9B$83.1B$84.7B$85.9B$86.3B$85.7B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Cumulative Cost Basis$969.0M$1.2B$1.2B$1.2B$1.2B$1.4B
Accounts Receivable, after Allowance for Credit Loss$10.5B$10.8B$11.4B$10.9B$11.0B$11.0B
Additional impairment losses—$0.0$0.0$0.0—$0.0
Effect of changes in discount rate assumptions$440.0M-$264.0M-$248.0M-$26.0M$173.0M-$492.0M
Effect of changes in discount rate assumptions$7.0M$38.0M$50.0M$83.0M$71.0M$23.0M
Debt Securities, Available-for-Sale, Accumulated Gross Unrealized Loss, before Tax$3.0B$2.8B$2.7B$2.3B$2.3B$2.6B
Gross Unrealized Gains$715.0M$796.0M$863.0M$1.1B$1.1B$813.0M
Broker-Dealer, Payable To Other Broker-Dealer, Fair Value Disclosure————$43.0M$37.0M
Capitalized Contract Cost, Net$3.5B$3.5B$3.4B$3.3B$3.2B$3.1B
Common stock, par value (in dollars per share)$0.0$0.0$0.0$0.0$0.0$0.0
Common stock, shares authorized (in shares)$1.8B$1.8B$1.8B$1.8B$1.8B$1.8B
Common stock, shares issued (in shares)$214.9M$215.0M$215.0M$215.1M$206.0M$206.1M
Debt securities————$44.0B$43.6B
Debt Securities, Amortized Cost————$45.3B$45.4B
Cost or Amortized Cost$44.2B$44.7B$45.3B$45.3B$44.6B$45.0B
Available-for-sale securities, allowance for credit loss$45.0M$47.0M$51.0M$61.0M$69.0M$75.0M
Fixed maturities, allowance for credit loss$45.0M$47.0M$51.0M$61.0M$69.0M$75.0M
Estimated Fair Value$41.8B$42.7B$43.4B$44.1B$43.4B$43.2B
Debt Securities, Available-for-Sale, Unrealized Loss Position, Accumulated Loss$3.0B$2.8B$2.7B$2.3B$2.3B$2.6B
Debt Securities, Available-for-Sale, Unrealized Loss Position$27.3B$25.8B$24.0B$20.7B$20.6B$24.7B
Deferred income taxes$550.0M$613.0M$633.0M$836.0M$839.0M$793.0M
Cost$969.0M$1.2B$1.2B$1.2B$1.2B$1.4B
Insurance Reserves$45.5B$46.4B$47.4B$47.6B$47.7B$47.8B
Discount rate assumption, weighted average rate5.5%5.4%5.4%5.2%5.3%5.5%
Liability for Future Policy Benefit, Expected Future Policy Benefit, Before Reinsurance, Before Discount Rate Change$16.6B———$16.8B—
Expected future gross premiums—$5.1B$5.0B$5.0B—$4.8B
Expected future benefit payments undiscounted—$31.4B$31.1B$31.6B—$31.1B
Liability for Future Policy Benefit, Expected Future Benefit, Original Discount Rate, before Reinsurance, after Cash Flow Change$17.0B———$17.0B—
Effect of actual variances from expected experience$13.0M———$19.0M—
Expected future benefit payments discounted—$3.6B$3.5B$3.6B—$3.4B
Beginning balance at original discount rate$17.0B$17.0B$16.9B$17.0B$17.0B$16.9B
Liability for Future Policy Benefit, Expected Net Premium, Original Discount Rate, before Reinsurance, after Cash Flow Change$3.4B$3.4B$3.3B$3.4B$3.3B$3.2B
Beginning balance at original discount rate$3.4B———$3.3B—
Liability for Future Policy Benefit, Expected Net Premium, Before Reinsurance, Before Discount Rate Change$3.4B———$3.4B—
Liability for Future Policy Benefit, Expected Net Premium, before Reinsurance, after Discount Rate Change—$3.4B$3.4B$3.4B—$3.3B
Effect of actual variances from expected experience$5.0M—————
Weighted-average interest accretion rate5.2%5.2%5.2%5.2%5.2%5.1%
Liability for Unpaid Claims and Claims Adjustment Expense, Net$19.3B$19.8B$20.3B$20.5B$20.6B$21.0B
Long-Term Debt and Lease Obligation$8.9B$8.4B$7.9B$8.4B$8.4B$8.9B
Less: current maturities$5.0M$505.0M$1.0B$1.0B$1.1B$1.0M
Noncontrolling interests in subsidiaries$871.0M$843.0M$875.0M$931.0M$955.0M$887.0M
Preferred Stock, Par or Stated Value Per Share$0.1$0.1$0.1$0.1$0.1$0.1
Preferred Stock, Shares Authorized$100.0M$100.0M$100.0M$100.0M$100.0M$100.0M
Reinsurance recoverable on unpaid losses and loss expenses$5.7B$5.8B$5.9B$6.0B$6.0B$6.0B
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied—$18.7B$19.0B$19.8B—$23.7B
Short-term and other————$5.9B$5.1B
Stockholders' Equity before Treasury Stock$17.1B$17.6B$18.2B$19.0B$18.7B$18.7B
Treasury stock, shares (in shares)$212.3K$4.7M$7.6M$8.2M$0.0$285.2K

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Future policy benefits$13.2B$13.3B$13.3B$13.5B$13.4B$13.2B
Insurance Liabilities and Annuity Benefits—$16.7B$16.7B$17.0B—$16.5B
Reserve for insurance claims$25.0B$25.6B$26.2B$26.5B$26.6B$26.9B
Long-term debt$8.9B$8.4B$7.9B$8.4B$8.4B$8.9B
Long-Term Debt and Finance Lease Obligations$8.9B$8.4B$7.9B$8.4B$8.4B$8.9B
Payables to customers and broker-dealers$110.0M$206.0M$374.0M$133.0M$53.0M$206.0M
Other non-current liabilities$4.4B$4.5B$4.5B$4.4B$4.5B$4.4B
Total liabilities$64.0B$65.1B$66.3B$66.7B$66.7B$66.1B