Loews (L) Net Margin %

: 10.64% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Loews's Net Income for the three months ended in Dec. 2023 was $446 Mil. Loews's Revenue for the three months ended in Dec. 2023 was $4,192 Mil. Therefore, Loews's net margin for the quarter that ended in Dec. 2023 was 10.64%.

The historical rank and industry rank for Loews's Net Margin % or its related term are showing as below:

L' s Net Margin % Range Over the Past 10 Years
Min: -6.81 Med: 5.42 Max: 11.38
Current: 9.15

L's Net Margin % is ranked better than
58.35% of 485 companies
in the Insurance industry
Industry Median: 7.39 vs L: 9.15

Loews Net Margin % Historical Data

The historical data trend for Loews's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Loews Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

6.33

-6.81

11.38

5.85

9.15

Loews Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																9.36	9.98	9.39	6.49	10.64

Competitive Comparison

For the Insurance - Property & Casualty subindustry, Loews's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Loews Net Margin % Distribution

For the Insurance industry and Financial Services sector, Loews's Net Margin % distribution charts can be found below:

* The bar in red indicates where Loews's Net Margin % falls into.

Loews Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Loews's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	1434	/	15678
	=	9.15 %

Loews's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	446	/	4192
	=	10.64 %

Loews (NYSE:L) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Loews Net Margin % Related Terms

Thank you for viewing the detailed overview of Loews's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Loews (L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Loews Corp (NYSE:L) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

LTR:Germany

Address

667 Madison Avenue, New York, NY, USA, 10065-8087

Website

https://www.loews.com

Loews Corp is a holding company that is supported by a variety of businesses. Its largest subsidiary is CNA Financial Corporation, a property and casualty insurance company. CNA's services include risk management, information services, and warranty and claims administration. Loews also maintains an operation of offshore oil and gas drilling rigs through Diamond Offshore Drilling, Inc. The company engages in the transportation and storage of natural gas and natural gas liquids and gathering and processing of natural gas through Boardwalk Pipeline Partners, LP. Loews also operates a chain of hotels.

Executives

Andrew H Tisch	director	667 MADISON AVE, NEW YORK NY 10021-8087
Jonathan M Tisch	director, officer: Co-Ch. of Bd/Off. of the Pres.	667 MADISON AVENUE, NEW YORK NY 10021-8087
Ann E Berman	director	255 STATE STREET, BOSTON MA 02109
Anthony Welters	director
Paul J Fribourg	director	667 MADISON AVE, NEW YORK NY 10021
Walter L Harris	director	TANENBAUM HARBER CO, 320 W 57TH STREET, NEW YORK NY 10019
Charles M Diker	director	ONE NEW YORK PLAZA, NEW YORK NY 10004
Joseph L Bower	director	667 MADISON AVE, NEW YORK NY 10021
Kenneth I Siegel	officer: Senior Vice President	667 MADISON AVENUE, NEW YORK NY 10065
Jonathan C Locker	director	C/O LOEWS CORPORATION, 9 WEST 57TH STREET, NEW YORK NY 10019
Charles D Davidson	director	QUANTUM ENERGY PARTNERS, 1401 MCKINNEY STREET, SUITE 2700, HOUSTON TX 77010
Richard Waldo Scott	officer: SVP & Chief Investment Officer	667 MADISON AVENUE, NEW YORK NY 10065
Benjamin J Tisch	officer: Sr. VP, Corp Dev and Strategy	667 MADISON AVE, NEW YORK NY 10065
Marc A Alpert	officer: Sr. VP, Gen. Coun. & Secy.	667 MADISON AVENUE, NEW YORK NY 10065
Mark S Schwartz	officer: V.P., C.A.O. and Treasurer	C/O LOEWS CORPORATION, 667 MADISON AVENUE, NEW YORK NY 10065-8087