Loews Corp Reports Q4 Net Income Surge

By Chris Stiles • Monday, February 09 12:30 • Permanent Link

Loews Corporation (NYSE: L) has reported its financial results for the fourth quarter of 2025, highlighting significant changes in net income and other key metrics compared to the same period in 2024.

In the fourth quarter of 2025, Loews Corporation reported a net income of $402 million, or $1.94 per share, compared to $187 million, or $0.86 per share, in the fourth quarter of 2024. The increase in net income is attributed to various factors within its subsidiaries.

CNA Financial Corporation's net income attributable to Loews Corporation, excluding the 2024 pension charge, decreased slightly year-over-year due to an unfavorable non-economic charge related to the asbestos and environmental pollution loss portfolio transfer and lower underwriting income, partially offset by higher net investment income.

Boardwalk Pipelines' net income decreased primarily due to the non-recurrence of an income tax benefit recorded in the fourth quarter of 2024.

Loews Hotels' net income decreased primarily due to an asset impairment charge related to the planned replacement of the Arlington Sheraton Hotel with the Americana by Loews Hotels in Arlington, Texas.

However, the corporate segment's results improved year-over-year due to higher investment income from the parent company trading portfolio.

The company's book value per share increased to $90.71 as of December 31, 2025, from $79.49 as of December 31, 2024. Excluding AOCI, the book value per share increased to $95.89 from $88.18 over the same period.

On December 31, 2025, the parent company had $3.9 billion of cash and investments and $1.8 billion of debt. Loews Corporation also repurchased 1.0 million shares of its common stock during the fourth quarter of 2025 for a total cost of $98 million.

For the full year 2025, Loews Corporation reported a net income of $1,667 million, or $7.97 per share, compared to $1,414 million, or $6.41 per share, in 2024.

Additionally, the company repurchased 8.9 million common shares in 2025 for $782 million.

These figures indicate the company's performance and strategic decisions in managing its financial position, including investments, debt, and shareholder returns. As a result of these announcements, the company's shares have moved -0.65% on the market, and are now trading at a price of $102.49. Check out the company's full 8-K submission here.

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