Operating Expenses

D&A

Loews D&A remained flat by 0.0% to $152.50M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 4.6%, from $145.75M to $152.50M. Over 4 years (FY 2021 to FY 2025), D&A shows an upward trend with a 4.3% CAGR.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2015
Last reportedQ1 2026

How to read this metric

Higher levels often indicate significant recent capital investment or large historical acquisitions, while lower levels may suggest aging assets.

Detailed definition

Depreciation and amortization represent the systematic allocation of the cost of tangible and intangible assets over the...

Peer comparison

High in capital-intensive industries like healthcare and manufacturing; peers often report this as a significant non-cash drag on earnings.

Metric ID: depreciation_and_amortization

Historical Data

5 years
 FY'21FY'22FY'23FY'24FY'25
Value$515.00M$509.00M$538.00M$583.00M$610.00M
YoY Change-1.2%+5.7%+8.4%+4.6%
Range$509.00M$610.00M
CAGR+4.3%
Avg YoY Growth+4.4%
Median YoY Growth+5.2%
Current Streak3 years growth

Business Segments

View all
SegmentFY'21FY'22FY'23FY'24
Boardwalk Pipeline Partners, LP$368.00M$394.00M$410.00M$426.00M
Loews Hotels Holding Corporation$63.00M$64.00M$69.00M$93.00M
Corporate$21.00M$1.00M$2.00M
Total$515.00M$509.00M$538.00M$583.00M

All segment values are derived from annual filings.

Boardwalk Pipeline Partners, LP, Corporate, Loews Hotels Holding Corporation were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is Loews's d&a?
Loews (L) reported d&a of $152.50M in Q4 2025.
How has Loews's d&a changed year-over-year?
Loews's d&a increased by 4.6% year-over-year, from $145.75M to $152.50M.
What is the long-term trend for Loews's d&a?
Over 4 years (2021 to 2025), Loews's d&a has grown at a 4.3% compound annual growth rate (CAGR), from $515.00M to $610.00M.
What does d&a mean?
The non-cash expense that spreads the cost of physical and intangible assets over their useful life.