10-K annual report · filed Feb 10, 2026

Loews Corporation (L) FY2025 10-K Annual Report

Short answer

Loews Corporation (L) filed its fiscal 2025 10-K annual report with the SEC on Feb 10, 2026. It reported revenue of $3.2B (+9.7% year over year) and net income of $1.7B.

  • Top risk flagged: Cybersecurity risk oversight by Audit Committee with regular reporting from senior IT leaders and third parties

FY2025 key financial metrics · XBRL

Revenue
$3.2B
+9.7% YoY
Net income
$1.7B
+17.9% YoY
EPS (diluted)
$7.97
+24.3% YoY
ROE
8.9%
+0.6 pp YoY
Operating cash flow
$3.3B
+8.4% YoY

Source: XBRL data from the Loews Corporation (L) FY2025 10-K on SEC EDGAR. USD.

Loews Corporation FY2025 10-K analysis

AI summary of each section, grounded in the filing text

Business Overview

  • Core business model: Diversified holdings with significant operations in energy pipelines (Boardwalk Pipelines) and hospitality (Loews Hotels & Co)
  • New hotel project: Americana by Loews Hotels in Arlington, Texas, $400 million development, 500 rooms, opening 2029, replacing Arlington Sheraton Hotel
  • Strategic shift: Full ownership and management transition from leased Arlington Sheraton Hotel to wholly owned and managed Americana by Loews
  • Capital commitments: Boardwalk Pipelines $355 million future capital expenditures expected through 2028; $550 million senior notes issued to refinance debt
  • Noteworthy fact: Loews Hotels & Co completed acquisition of remaining noncontrolling interests in two hotels for $41 million in 2025

Management Discussion & Analysis

  • Revenue not explicitly stated; net income up $253M YoY to $1.67B in 2025 from $1.41B in 2024
  • Operating margin not disclosed; net income per diluted share $7.97 in 2025 vs $6.41 in 2024
  • Best segment: CNA Financial income $1.17B up from $879M, worst: Loews Hotels income $31M down from $70M

Risk Factors

  • Cybersecurity risk oversight by Audit Committee with regular reporting from senior IT leaders and third parties
  • Dependence on senior IT leaders at parent and subsidiaries for cybersecurity program development and incident management
  • Cybersecurity programs tailored to comply with applicable laws and regulations across subsidiaries
  • Potential risk from evolving cybersecurity threats monitored continuously via multi-level reporting channels

Generated from the filing text; verify against the original. How to read a 10-K

Ask about this 10-K

Compare years, dig into a risk factor or check the numbers against insider trades and fund holders.