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Loews L Non-insurance Warranty Expense

Non-insurance Warranty Expense at other companies

CNA Financial logo
CNA FinancialCNA
$356M-7.5%
CNA Financial logo
CNA FinancialCNA
$356M-7.5%
CNA Financial logo
CNA FinancialCNA
$0
CNA Financial logo
CNA FinancialCNA
$0
CNA Financial logo
CNA FinancialCNA
$0
CNA Financial logo
CNA FinancialCNA
$0

Segments

By segment

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CNA Financial$356M-7.5%

Other financials

Income statement

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Revenue$4.7B+3.9%
Net income$444.0M+13.6%
EPS (diluted)$2.16+15.5%

Balance sheet

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Cash & equivalents$843.0M+50.5%
Total debt$8.9B-0.1%
Total equity$18.7B+8.8%
Total assets$85.7B+3.0%

Cash flow

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Operating cash flow$72.0M-90.2%
CapEx$204.0M+108%
Free cash flow-$132.0M-121%

Valuation

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Market cap$23.66B+21.2%
Enterprise value$31.75B+8.3%
P/E14×-0.4×
P/S1.3×+0.2×

Profitability

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Gross margin92.8%
Net margin9%+1.6pp
FCF margin10.4%-6.4pp

Returns & leverage

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Return on equity9.1%+1.2pp
Debt / equity0.5×0.0×

Where this comes from

Reported directly by Loews in its filing.

Tagged under the XBRL concept l:NonInsuranceWarrantyExpense.

The source filing: Loews’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 9:52 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000060086-26-000032
Three Months Ended March 3120262025
Expenses:
Insurance claims and policyholders’ benefits (re-measurement loss of $19 and $8)2,1752,027
Amortization of deferred acquisition costs476471
Non-insurance warranty expense356385
Operating expenses and other1,009991
Equity method (income) loss(37)1
Interest113105
Total4,0923,980

Item 1. Financial Statements (unaudited)

FAQ

What is Loews's non-insurance warranty expense?
Loews (L) reported non-insurance warranty expense of $356M in Q1 2026.
How has Loews's non-insurance warranty expense changed year-over-year?
Loews's non-insurance warranty expense decreased by 7.5% year-over-year, from $385M to $356M.
What is the long-term trend for Loews's non-insurance warranty expense?
Over 4 years (2021 to 2025), Loews's non-insurance warranty expense has grown at a 3.5% compound annual growth rate (CAGR), from $1.33B to $1.53B.
What does non-insurance warranty expense mean?
This captures the costs associated with fulfilling obligations under non-insurance warranty and service contracts. It includes claims handling, service delivery, and administrative costs related to these programs. It is used to calculate the profitability of the non-insurance service segment.

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