Loews Corporation (L) Financial Ratios
30 years of historical data (1996–2025) · Financial Services · Insurance - Property & Casualty
EV/EBITDA
↑
10.74
-1% vs avg
5yr avg: 10.83
30Y Low5.1·High20.1
P/FCF
↑
8.18
↑+23% vs avg
5yr avg: 6.65
30Y Low3.9·High67.8
P/B Ratio
↑
1.14
+18% vs avg
5yr avg: 0.97
30Y Low0.5·High1.5
ROE
↑
8.9%
↓+14% vs avg
5yr avg: 7.8%
30Y Low-5%·High23%
Debt/EBITDA
↓
3.28
↓-16% vs avg
5yr avg: 3.88
30Y Low1.2·High8.8
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
L Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Loews Corporation trades at 13.5x earnings, roughly in line with its 5-year average of 12.9x, sitting at the 41st percentile of its historical range. This is roughly in line with the Financial Services sector median P/E of 13.6x. On a free-cash-flow basis, the stock trades at 8.2x P/FCF, 23% above the 5-year average of 6.6x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $22.1B | $22.0B | $18.7B | $15.9B | $14.2B | $15.0B | $12.6B | $15.9B | $14.6B | $16.9B | $15.8B |
| Enterprise Value | $31.1B | $31.0B | $27.1B | $24.5B | $22.7B | $23.5B | $22.3B | $27.1B | $25.5B | $27.9B | $26.3B |
| P/E Ratio → | 13.46 | 13.21 | 13.21 | 11.06 | 17.26 | 9.63 | — | 17.10 | 22.87 | 14.50 | 24.26 |
| P/S Ratio | 1.21 | 1.21 | 1.08 | 1.01 | 1.01 | 1.09 | 0.92 | 1.08 | 1.04 | 1.23 | 1.21 |
| P/B Ratio | 1.14 | 1.12 | 1.04 | 0.96 | 0.93 | 0.78 | 0.66 | 0.73 | 0.68 | 0.69 | 0.68 |
| P/FCF | 8.18 | 8.16 | 7.80 | 4.92 | 5.35 | 7.02 | 12.19 | 22.75 | 4.51 | 10.83 | 19.73 |
| P/OCF | 6.73 | 6.72 | 6.17 | 4.06 | 4.28 | 5.73 | 7.23 | 9.15 | 3.45 | 6.52 | 7.03 |
P/E links to full P/E history page with 30-year chart
L EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Loews Corporation's enterprise value stands at 10.7x EBITDA, roughly in line with its 5-year average of 10.8x. The Financial Services sector median is 11.4x, placing the stock at a 6% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.71 | 1.57 | 1.56 | 1.61 | 1.71 | 1.63 | 1.84 | 1.82 | 2.03 | 2.01 |
| EV / EBITDA | 10.74 | 10.72 | 11.02 | 9.65 | 13.97 | 8.78 | — | 13.15 | 14.62 | 11.38 | 14.80 |
| EV / EBIT | 13.61 | 11.40 | 11.70 | 10.31 | 15.20 | 9.09 | — | 15.86 | 18.14 | 12.54 | 17.86 |
| EV / FCF | — | 11.49 | 11.32 | 7.59 | 8.54 | 10.97 | 21.50 | 38.74 | 7.91 | 17.93 | 32.74 |
L Profitability
Margins and return-on-capital ratios measuring operating efficiency
Loews Corporation earns an operating margin of 12.6%, below the Financial Services sector average of 20.3%. ROE of 8.9% is modest, trailing the sector median of 9.0%. ROIC of 6.2% represents adequate returns on invested capital versus a sector median of 5.5%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 43.9% | 43.9% | 44.7% | 44.4% | 42.0% | 43.1% | 44.5% | 51.2% | 50.8% | 52.4% | 50.3% |
| Operating Margin | 12.6% | 12.6% | 10.9% | 12.7% | 7.9% | 15.7% | -10.7% | 7.6% | 5.9% | 11.5% | 7.1% |
| Net Profit Margin | 9.2% | 9.2% | 8.2% | 9.1% | 5.9% | 11.4% | -6.8% | 6.3% | 4.5% | 8.5% | 5.0% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 8.9% | 8.9% | 8.2% | 9.0% | 4.8% | 8.1% | -4.5% | 4.3% | 2.8% | 4.9% | 2.8% |
| ROA | 2.0% | 2.0% | 1.8% | 1.9% | 1.0% | 1.9% | -1.1% | 1.2% | 0.8% | 1.5% | 0.9% |
| ROIC | 6.2% | 6.2% | 5.5% | 6.1% | 3.3% | 5.7% | -3.5% | 2.6% | 1.8% | 3.4% | 2.1% |
| ROCE | 5.0% | 5.0% | 3.1% | 3.4% | 1.8% | 2.7% | -1.8% | 1.4% | 1.1% | 2.0% | 1.2% |
L Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Loews Corporation carries a Debt/EBITDA ratio of 3.3x, which is moderately leveraged (23% below the sector average of 4.3x). Net debt stands at $9.0B ($9.5B total debt minus $495M cash). Interest coverage of 6.2x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.48 | 0.48 | 0.50 | 0.54 | 0.59 | 0.47 | 0.53 | 0.53 | 0.53 | 0.47 | 0.46 |
| Debt / EBITDA | 3.28 | 3.28 | 3.64 | 3.55 | 5.56 | 3.39 | — | 5.59 | 6.52 | 4.70 | 6.07 |
| Net Debt / Equity | — | 0.46 | 0.47 | 0.52 | 0.56 | 0.44 | 0.50 | 0.51 | 0.51 | 0.45 | 0.45 |
| Net Debt / EBITDA | 3.11 | 3.11 | 3.42 | 3.40 | 5.23 | 3.16 | — | 5.43 | 6.28 | 4.50 | 5.88 |
| Debt / FCF | — | 3.33 | 3.51 | 2.67 | 3.20 | 3.95 | 9.31 | 16.00 | 3.40 | 7.09 | 13.01 |
| Interest Coverage | 6.22 | 6.22 | 5.25 | 6.31 | 3.95 | 6.09 | -1.84 | 2.89 | 2.45 | 3.45 | 2.75 |
L Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.48x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 12.98x to 0.48x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.48 | 0.48 | 0.48 | 12.98 | 1.52 | 321.04 | — | — | — | — | — |
| Quick Ratio | 0.48 | 0.48 | 0.48 | 12.98 | 1.52 | 321.04 | — | — | — | — | — |
| Cash Ratio | 0.21 | 0.21 | 0.20 | 5.06 | 1.25 | 272.43 | — | — | — | — | — |
| Asset Turnover | — | 0.21 | 0.21 | 0.20 | 0.19 | 0.17 | 0.17 | 0.18 | 0.18 | 0.17 | 0.17 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
L Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Loews Corporation returns 3.9% to shareholders annually — split between a 0.2% dividend yield and 3.7% buyback yield. The payout ratio of 3.1% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 7.4% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.2% | 0.2% | 0.3% | 0.4% | 0.4% | 0.4% | 0.6% | 0.5% | 0.5% | 0.5% | 0.5% |
| Payout Ratio | 3.1% | 3.1% | 3.9% | 4.0% | 7.4% | 4.2% | — | 8.2% | 12.6% | 7.2% | 12.8% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 7.4% | 7.6% | 7.6% | 9.0% | 5.8% | 10.4% | — | 5.8% | 4.4% | 6.9% | 4.1% |
| FCF Yield | 12.2% | 12.3% | 12.8% | 20.3% | 18.7% | 14.2% | 8.2% | 4.4% | 22.2% | 9.2% | 5.1% |
| Buyback Yield | 3.7% | 3.7% | 3.3% | 5.4% | 5.1% | 7.6% | 7.3% | 6.6% | 17.4% | 1.3% | 0.8% |
| Total Shareholder Yield | 3.9% | 3.9% | 3.5% | 5.7% | 5.6% | 8.0% | 7.9% | 7.1% | 17.9% | 1.8% | 1.4% |
| Shares Outstanding | — | $209M | $221M | $228M | $243M | $260M | $280M | $303M | $320M | $338M | $338M |
Peer Comparison
Compare L with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 LYou | $22B | 13.5 | 10.7 | 8.2 | 43.9% | 12.6% | 8.9% | 6.2% | 3.3 |
 MKL | $23B | 10.9 | 8.0 | 9.0 | 69.4% | 16.5% | 11.5% | 10.7% | 1.5 |
 JEF | $14B | 21.9 | 26.8 | — | 59.7% | 6.3% | 6.8% | 1.6% | 27.0 |
 CNA | $12B | 9.5 | 8.6 | 5.0 | 30.7% | 11.0% | 11.5% | 8.9% | 1.8 |
 TRV | $67B | 11.2 | 8.8 | — | 44.3% | 16.0% | 20.7% | 15.3% | 1.1 |
 HIG | $35B | 9.6 | 7.7 | 6.1 | 46.1% | 16.8% | 21.7% | 16.3% | 0.8 |
 BWA | $15B | 56.1 | 8.2 | 12.6 | 18.7% | 9.2% | 4.9% | 12.9% | 2.0 |
 BW | $2B | -36.2 | 68.6 | — | 24.5% | 3.9% | — | 9.1% | 11.2 |
 HAL | $29B | 23.3 | 10.3 | 17.4 | 15.7% | 10.2% | 12.2% | 10.2% | 2.4 |
 SLB | $72B | 20.5 | 11.1 | 15.1 | 18.2% | 15.3% | 13.5% | 12.1% | 1.7 |
 VAL | $5B | 5.7 | 9.4 | 26.8 | 25.0% | 20.9% | 36.3% | 10.9% | 1.9 |
| Financial Services Median | — | 13.6 | 11.4 | 11.1 | 64.1% | 20.3% | 9.0% | 5.5% | 4.3 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
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L — Frequently Asked Questions
Quick answers to the most common questions about buying L stock.
What is Loews Corporation's P/E ratio?
Loews Corporation's current P/E ratio is 13.5x. The historical average is 17.7x. This places it at the 41th percentile of its historical range.
What is Loews Corporation's EV/EBITDA?
Loews Corporation's current EV/EBITDA is 10.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.4x.
What is Loews Corporation's ROE?
Loews Corporation's return on equity (ROE) is 8.9%. The historical average is 6.0%.
Is L stock overvalued?
Based on historical data, Loews Corporation is trading at a P/E of 13.5x. This is at the 41th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Loews Corporation's dividend yield?
Loews Corporation's current dividend yield is 0.23% with a payout ratio of 3.1%.
What are Loews Corporation's profit margins?
Loews Corporation has 43.9% gross margin and 12.6% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Loews Corporation have?
Loews Corporation's Debt/EBITDA ratio is 3.3x, indicating high leverage. A ratio between 2-4x is manageable but warrants monitoring.