Loews L Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Boardwalk Pipeline Partners, LP | $631M+1.4% | $619M+7.3% | $546M+13.0% | $537M+10.0% | $622M+20.3% | |
| CNA Financial | $3.68B+1.4% | $3.83B+3.8% | $3.82B+5.5% | $3.72B+5.6% | $3.63B+5.3% | |
| Corporate | -$7M— | $52M+30.0% | $97M-30.2% | $47M+422% | $0-100% | |
| Loews Hotels Holding Corporation | $254M+3.7% | $235M-2.1% | $211M-6.6% | $254M+1.2% | $245M+13.4% | |
| Net Income by Business | ||||||
| Boardwalk Pipeline Partners, LP | $159M+4.6% | $110M-24.1% | $94M+22.1% | $88M+25.7% | $152M+25.6% | |
| CNA Financial | $211M-23.0% | $302M+1,338% | $403M+42.4% | $299M-5.7% | $274M-18.9% | |
| Corporate | -$42M-23.5% | $10M— | $42M-42.5% | $1M+104% | -$34M-440% | |
| Loews Hotels Holding Corporation | $26M— | $6M-77.8% | -$3M+62.5% | $28M-20.0% | $0-100% | |
| Total Assets by Business | ||||||
| Boardwalk Pipeline Partners, LP | $10.19B+2.7% | $10.59B+7.4% | $10.13B-3.8% | $10.05B-4.1% | $9.92B-4.8% | |
| CNA Financial | $68.52B+1.8% | $69.38B+4.4% | $69.7B+3.6% | $68.89B+5.7% | $67.29B+3.5% | |
| Corporate | $4.41B+28.4% | $3.89B+23.3% | $3.6B+9.8% | $3.25B+10.1% | $3.44B+14.0% | |
| Loews Hotels Holding Corporation | $2.53B+1.3% | $2.49B-0.4% | $2.5B+0.2% | $2.48B-0.1% | $2.5B+2.4% | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business | ||||||
| Boardwalk Pipeline Partners, LP | 21,100,000,000%+900,000,000pp | 14,100,000,000%-400,000,000pp | 12,400,000,000%+2,000,000,000pp | 11,700,000,000%+2,300,000,000pp | 20,200,000,000%+4,000,000,000pp | |
| CNA Financial | $267M-23.5% | $378M+1,700% | $513M+42.1% | $380M-5.5% | $349M-18.3% | |
| Corporate | -$52M-26.8% | $10M— | $55M-41.5% | $3M+109% | -$41M-442% | |
| Loews Hotels Holding Corporation | 3,700,000,000%+3,300,000,000pp | 1,200,000,000%-2,000,000,000pp | -300,000,000%+600,000,000pp | 3,900,000,000%-500,000,000pp | 400,000,000%-2,400,000,000pp | |
| Net investment income by Business | ||||||
| Boardwalk Pipeline Partners, LP | $5M+400% | $6M-40.0% | $4M-55.6% | $3M-66.7% | $1M-75.0% | |
| CNA Financial | $610M+1.0% | $653M+1.4% | $638M+1.9% | $662M+7.1% | $604M-0.8% | |
| Corporate | -$5M— | $52M+30.0% | $97M-30.2% | $47M+422% | $0-100% | |
| Loews Hotels Holding Corporation | $3M0.0% | $3M+50.0% | $4M+100% | $2M-33.3% | $3M+50.0% | |
| Operating revenues and other by Business | ||||||
| Boardwalk Pipeline Partners, LP | $626M+0.8% | $613M+8.1% | $542M+14.3% | $534M+11.5% | $621M+21.1% | |
| CNA Financial | $10M+11.1% | $8M0.0% | $10M+25.0% | $9M0.0% | $9M0.0% | |
| Loews Hotels Holding Corporation | $251M+3.7% | $232M-2.5% | $207M-7.6% | $252M+1.6% | $242M+13.1% | |
| Operating expenses and other by Business | ||||||
| Boardwalk Pipeline Partners, LP | $377M-1.0% | $436M+13.0% | $382M+15.1% | $380M+9.5% | $381M+22.1% | |
| CNA Financial | $370M+1.9% | $409M-46.6% | $376M+3.9% | $368M-2.6% | $363M+7.7% | |
| Corporate | $16M0.0% | $17M-10.5% | $21M+16.7% | $15M-16.7% | $16M-27.3% | |
| Loews Hotels Holding Corporation | $246M+6.5% | $248M+12.2% | $221M+1.4% | $226M+0.4% | $231M+10.5% | |
| Income Tax Expense (Benefit) by Business | ||||||
| Boardwalk Pipeline Partners, LP | $52M+4.0% | $31M— | $30M+11.1% | $29M+20.8% | $50M+22.0% | |
| CNA Financial | $56M-25.3% | $76M— | $110M+41.0% | $81M-4.7% | $75M-15.7% | |
| Corporate | -$10M-42.9% | $0— | $13M-38.1% | $2M+133% | -$7M-450% | |
| Loews Hotels Holding Corporation | $11M+175% | $6M+20.0% | $0+100% | $11M+22.2% | $4M-66.7% | |
| Other by Business | ||||||
| Boardwalk Pipeline Partners, LP | $90M+8.4% | $85M+7.6% | $85M+9.0% | $83M+12.2% | $83M-1.2% | |
| CNA Financial | $38M-9.5% | $42M-90.2% | $52M+26.8% | $31M-36.7% | $42M-16.0% | |
| Corporate | $15M0.0% | $17M-10.5% | $20M+17.6% | $15M-11.8% | $15M-31.8% | |
| Loews Hotels Holding Corporation | $67M+24.1% | $78M+62.5% | $50M+2.0% | $55M+3.8% | $54M+8.0% | |
| Benefits, Losses and Expenses by Business | ||||||
| Boardwalk Pipeline Partners, LP | $420M0.0% | $478M+10.6% | $422M+11.3% | $420M+6.6% | $420M+18.3% | |
| CNA Financial | $3.41B+4.0% | $3.45B-5.9% | $3.3B+1.4% | $3.34B+7.1% | $3.28B+8.7% | |
| Corporate | $45M+9.8% | $42M-16.0% | $42M-6.7% | $44M+4.8% | $41M-2.4% | |
| Loews Hotels Holding Corporation | $217M-10.0% | $223M+7.2% | $214M-8.9% | $215M+3.9% | $241M+28.2% | |
| Insurance premiums by Business | ||||||
| CNA Financial | $2.7B+2.9% | $2.8B+4.4% | $2.78B+7.3% | $2.69B+7.8% | $2.63B+7.6% | |
| Corporate | -$2M— | —— | —— | —— | —— | |
| Operating expenses by Business | ||||||
| Boardwalk Pipeline Partners, LP | $176M-8.3% | $241M+21.1% | $190M+29.3% | $177M+7.3% | $192M+57.4% | |
| Loews Hotels Holding Corporation | $153M0.0% | $145M-2.7% | $144M-0.7% | $147M-0.7% | $153M+10.9% | |
| Income (Loss) from Equity Method Investments by Business | ||||||
| Corporate | -$7M0.0% | -$7M+46.2% | -$3M+66.7% | -$11M-120% | -$7M-600% | |
| Loews Hotels Holding Corporation | $44M+633% | $42M+55.6% | $25M— | $29M-9.4% | $6M-77.8% | |
| D&A by Business | ||||||
| Boardwalk Pipeline Partners, LP | $111M+4.7% | $110M+1.9% | $107M0.0% | $120M+11.1% | $106M0.0% | |
| Corporate | $1M0.0% | —— | $1M0.0% | —— | $1M— | |
| Loews Hotels Holding Corporation | $26M+8.3% | $25M+4.2% | $27M+12.5% | $24M0.0% | $24M+14.3% | |
| Interest by Business | ||||||
| Boardwalk Pipeline Partners, LP | $43M+10.3% | $42M-8.7% | $40M-14.9% | $40M-14.9% | $39M-9.3% | |
| CNA Financial | $33M+3.1% | $36M+12.5% | $36M+12.5% | $31M-8.8% | $32M-8.6% | |
| Corporate | $22M+22.2% | $18M0.0% | $18M0.0% | $18M-5.3% | $18M-5.3% | |
| Loews Hotels Holding Corporation | $15M-6.3% | $17M+21.4% | $18M+5.9% | $18M+28.6% | $16M+167% | |
| Total revenues from contracts with customers by Product | ||||||
| Lodging and related services – Loews Hotels & Co | $246M+3.8% | $226M-3.0% | $202M-8.2% | $246M+0.8% | $237M+13.4% | |
| Non-insurance warranty – CNA Financial | $374M-5.8% | $389M-2.0% | $393M-2.0% | $398M-1.5% | $397M-2.5% | |
| Transportation and storage of natural gas and NGLs and ethane supply and transportation services – Boardwalk Pipelines | $612M+0.5% | $601M+8.1% | $530M+14.5% | $523M+12.0% | $609M+21.6% | |
| Total pretax unfavorable development by Product | ||||||
| General liability | $55M— | $52M+85.7% | —— | $62M+226% | —— | |
| Other insurance operations | $0-100% | $0-100% | $0-100% | $112M+220% | $22M— | |
| Other professional liability and management liability | $45M— | $26M+23.8% | $25M+127% | $18M+5.9% | $0— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Loews break its business down?
- Loews (L) reports revenue by business across 4 parts — Boardwalk Pipeline Partners, LP, CNA Financial, Corporate and Loews Hotels Holding Corporation. Each is extracted from the segment footnotes and tracked over time.
- Where does Loews's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Loews's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
