Financials Loews Corporation

Equities

L

US5404241086

Property & Casualty Insurance

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
75.46 USD -1.24% Intraday chart for Loews Corporation -0.24% +8.44%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 14,277 15,613 12,375 14,653 13,849 15,536
Enterprise Value (EV) 1 25,248 27,504 22,507 23,474 22,733 24,524
P/E ratio 22.9 x 17.1 x -13.6 x 9.52 x 14 x 11.1 x
Yield 0.55% 0.48% 0.56% 0.43% 0.43% 0.36%
Capitalization / Revenue 1.02 x 1.05 x 0.99 x 1 x 0.99 x 0.98 x
EV / Revenue 1.79 x 1.85 x 1.79 x 1.6 x 1.62 x 1.54 x
EV / EBITDA 10.8 x 10.1 x 40.6 x 7.52 x 10.5 x 8.75 x
EV / FCF 12.3 x 53.2 x 23.9 x 12.1 x 11 x 8.67 x
FCF Yield 8.15% 1.88% 4.18% 8.29% 9.11% 11.5%
Price to Book 0.77 x 0.8 x 0.68 x 0.8 x 0.94 x 0.98 x
Nbr of stocks (in thousands) 313,653 297,439 274,873 253,684 237,427 223,251
Reference price 2 45.52 52.49 45.02 57.76 58.33 69.59
Announcement Date 2/13/19 2/12/20 2/9/21 2/8/22 2/7/23 2/6/24
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 14,066 14,907 12,549 14,657 14,044 15,901
EBITDA 1 2,347 2,728 555 3,121 2,157 2,802
EBIT 1 1,435 1,785 -179 2,606 1,645 2,264
Operating Margin 10.2% 11.97% -1.43% 17.78% 11.71% 14.24%
Earnings before Tax (EBT) 1 834 1,119 -1,464 2,182 1,381 1,996
Net income 1 636 932 -931 1,578 1,012 1,434
Net margin 4.52% 6.25% -7.42% 10.77% 7.21% 9.02%
EPS 2 1.990 3.070 -3.321 6.070 4.160 6.290
Free Cash Flow 1 2,057 517.2 940.2 1,947 2,072 2,827
FCF margin 14.62% 3.47% 7.49% 13.28% 14.75% 17.78%
FCF Conversion (EBITDA) 87.65% 18.96% 169.41% 62.38% 96.05% 100.89%
FCF Conversion (Net income) 323.45% 55.5% - 123.37% 204.73% 197.14%
Dividend per Share 2 0.2500 0.2500 0.2500 0.2500 0.2500 0.2500
Announcement Date 2/13/19 2/12/20 2/9/21 2/8/22 2/7/23 2/6/24
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 10,971 11,891 10,132 8,821 8,884 8,988
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 4.674 x 4.359 x 18.26 x 2.826 x 4.119 x 3.208 x
Free Cash Flow 1 2,057 517 940 1,947 2,072 2,827
ROE (net income / shareholders' equity) 3.07% 4.02% -6.28% 8.88% 6.37% 9.74%
ROA (Net income/ Total Assets) 1.14% 1.39% -0.14% 2.01% 1.31% 1.83%
Assets 1 55,991 67,070 676,107 78,410 77,329 78,425
Book Value Per Share 2 59.30 65.70 66.30 71.80 61.90 70.70
Cash Flow per Share 2 1.300 1.150 1.780 2.500 2.250 1.800
Capex 1 995 1,041 710 482 660 686
Capex / Sales 7.07% 6.98% 5.66% 3.29% 4.7% 4.31%
Announcement Date 2/13/19 2/12/20 2/9/21 2/8/22 2/7/23 2/6/24
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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