Loews Corporation reports higher Q4 and full-year profit

Loews Corp (NYSE:L) has reported 4th fourth 2025 nett income of $402 million, up from $187 cardinal a twelvemonth earlier, and full-year nett income of $1.67 billion, arsenic concern gains and firm conception show offset weaker results crossed respective operating units.

The New York-based holding institution has large businesses successful commercialized insurance, earthy state pipelines, hospitality, and packaging done subsidiaries including CNA Financial, Boardwalk Pipelines, Loews Hotels & Co, and Altium Packaging.

Net income for the 4th was $1.94 per share, compared with $0.86 per stock successful the prior-year period, which included a $265 cardinal after-tax pension colony complaint astatine CNA Financial.

CNA Financial’s nett income attributable to Loews, excluding the prior-year pension charge, declined somewhat owed to an unfavorable non-economic complaint related to an asbestos and biology contamination nonaccomplishment portfolio transportation and little underwriting income, partially offset by higher nett concern income.

Boardwalk Pipelines reported little nett income, chiefly reflecting the lack of a $36 cardinal taxation payment recorded successful the 4th fourth of 2024.

Loews Hotels’ nett income declined owed to a $20 cardinal after-tax plus impairment complaint related to the planned replacement of the Arlington Sheraton Hotel with the Americana by Loews Hotels successful Arlington, Texas. Corporate conception results improved twelvemonth implicit year, driven by higher concern income from the genitor company’s trading portfolio.

Book worth per stock accrued to $90.71 astatine the extremity of 2025 from $79.49 a twelvemonth earlier, portion publication worth per stock excluding accumulated different broad income roseate to $95.89 from $88.18. The genitor institution ended the twelvemonth with $3.9 cardinal successful currency and investments and $1.8 cardinal successful debt.

Loews repurchased 1 cardinal shares successful the 4th fourth for $98 cardinal and 8.9 cardinal shares for $782 cardinal during 2025.

Shares of Loews opened up 1.5% astatine $113, up astir 7% truthful acold this year.