Loews Corporation
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About the company
Loews Corporation functions as a diversified holding company, with significant business segments spanning insurance, energy infrastructure, hospitality, and manufacturing. Its insurance division delivers commercial property and casualty coverage to clients both within the United States and internationally. This segment offers a comprehensive array of products, including specialized options such as professional and management liability, along with surety and fidelity bonds.
- CEO
- Benjamin J. Tisch
- IPO
- 1980
- Employees
- 13,100
- HQ
- New York City, NY, US
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Similar companies
Peers in the same neighborhood.
- Market Cap
- $22.78B
- P/E
- 13.57
- PEG
- 0.46
- P/S
- 1.23
- P/B
- 1.19
- EV/EBITDA
- 9.07
- Div Yield
- 0.23%
- Gross Margin
- 46.96%
- Op Margin
- 16.58%
- Net Margin
- 10.36%
- ROE
- 10.28%
- ROIC
- 5.61%
Latest fiscal year · YoY change
- Revenue
- $18.18B+5.4%
- Gross Profit
- $7.98B+3.6%
- Op Income
- $2.28B
- Net Income
- $1.67B+17.9%
- EPS
- $7.97+24.1%
- OCF Growth
- +8.4%
- FCF Growth
- +12.8%
- 52W High
- $121.01
- 52W Low
- $95.10
- 50D MA
- $113.46
- 200D MA
- $108.38
- Beta
- 0.52
- RSI (14)
- 33
- Avg Volume
- 845.20K
Earnings call summaries
Pick a quarter — each call distilled into takeaways, results, and a bull vs bear read.
Loblaw reported another solid quarter and full year, with 2025 guidance pointing to high-single-digit EPS growth excluding a 53rd-week boost, supported by new store openings, stable margins, and continued share gains.· February 20, 2025
- Full-year revenue reached $61 billion and adjusted earnings were more than $2.6 billion; Q4 revenue was $14.9 billion and adjusted diluted EPS rose 10% to $2.20.
- Q4 consolidated revenue grew 2.9% and adjusted EBITDA increased 4% to $1.7 billion, while retail free cash flow was $828 million.
- Food retail saw traffic and tonnage gains, with absolute sales up 3.7% and adjusted same-store sales up 2%; drug retail same-store sales rose 1.3%.
- Management said 2025 guidance includes opening about 80 new stores, investing about $2.2 billion in capex, and expecting high-single-digit adjusted EPS growth excluding the extra week.
- Gross margin was 30.9%, down 20 bps in Q4 due to mix, the Canada Post strike, and the Thanksgiving shift, but management expects a slight gross margin increase in 2025.
Loblaw said full-year revenue was $61 billion and adjusted earnings were more than $2.6 billion. In Q4, consolidated revenue was $14.9 billion, up 2.9%, adjusted EBITDA increased 4% to $1.7 billion, and adjusted diluted EPS rose 10% to $2.20. On a GAAP basis, net earnings fell 14.6% because of a $129 million non-cash charge tied to revaluing the PC Optimum liability. Total retail gross margin was 30.9%, down 20 basis points, and retail free cash flow was $828 million in the quarter and $1.5 billion for the full year. For 2025, the company expects roughly 80 new stores, about $2.2 billion in capex, $1.9 billion net of property-disposal proceeds, around a 2% EPS benefit from the 53rd week, and high-single-digit EPS growth excluding that week.
The CEO framed 2024 as a year of stronger customer traction, saying Loblaw delivered its best full-year food market share gain in more than a decade and ended the year with momentum across food, discount, pharmacy, and digital. He emphasized that customer affordability remains stressed, so the company is leaning harder into value, discount formats, private label, and Canadian-sourcing tools like 'Swap and Save' and 'Swap and Shop Canadian.' His tone was upbeat and confident, especially on the long-term benefits of new stores, smaller formats, and pharmacy/clinic expansion.
The CFO highlighted broad operational consistency, pointing to $61 billion of full-year revenue, more than $2.6 billion of adjusted earnings, and Q4 adjusted EPS of $2.20, up 10%. He said Q4 gross margin of 30.9% was down 20 bps mainly because of mix, the Canada Post strike, and the Thanksgiving timing shift, partially offset by shrink improvement; SG&A improved by 20 bps on operating leverage and lapping prior-year labor costs. On capital allocation, he noted $1.8 billion of share repurchases in 2024, a 13.9% dividend increase, $1.5 billion of full-year retail free cash flow, and a plan to keep returning most free cash flow to shareholders while funding $2.2 billion of capex in 2025.
Analysts focused on the drivers of momentum, new-store economics, tariff exposure, inflation, and whether store expansion would pressure returns. Management said the 2025 plan already incorporates the drag from new stores and the new frozen DC, and stressed that they are not lowering ROIC hurdles. On tariffs, they said less than 10% of COGS is sourced from the US, with the biggest risk in produce, and that control brands and supplier substitution can mitigate part of the exposure. They also reiterated that consumer demand is shifting toward discount and Canadian products, citing strong early use of the Canadian-product digital feature.
The positive case from this call is that Loblaw is still gaining share while expanding its store base, with management saying the new stores are already lifting sales and will create longer-term tailwinds. The company also pointed to strong discount banner performance, double-digit online growth, improving shrink, and steady pharmacy and clinic momentum, while 2025 guidance still calls for high-single-digit EPS growth excluding the extra week.
The main risks discussed were tougher cost inflation, including a weaker Canadian dollar and potential tariffs, plus a 1% front-store sales headwind from exiting electronics. Q4 gross margin was down 20 bps, and management said the Canada Post strike materially hurt Shoppers traffic and profitability, while front-store categories like cough and cold were also soft in the mild fall. The company also acknowledged that new stores and the frozen DC will create some earnings drag in 2025, even if that impact is already built into guidance.
AI summary of the company's earnings call · Paraphrased · Not investment advice
- Free Float
- 81.2%
- Shares Outstanding
- 205.77M
- Float Shares
- 167.15M
of shares held by institutions
776 13F filers
Buy/sell ratio 0.00. Sells can include pre-scheduled 10b5-1 plan sales, not just discretionary selling.
Congressional trading
Senate and House stock disclosures for L, newest first.
| Member | Type | Traded | |
|---|---|---|---|
| Ro KhannaHouse · CA17 | Buy | Jun 2, 26 | Filing → |
| Ro KhannaHouse · CA17 | Sell | Jan 13, 26 | Filing → |
| Lisa McClainHouse · MI09 | Buy | Jun 17, 25 | Filing → |
| James French HillHouse · AR02 | Buy | Jun 23, 25 | Filing → |
| Ro KhannaHouse · CA17 | Buy | Jun 29, 23 | Filing → |
| Ro KhannaHouse · CA17 | Sell | Apr 10, 23 | Filing → |
| Ro KhannaHouse · CA17 | Buy | Mar 24, 23 | Filing → |
| Ro KhannaHouse · CA17 | Buy | Mar 14, 23 | Filing → |
| Kathy ManningHouse · NC06 | Sell | Aug 3, 22 | Filing → |
| Kathy ManningHouse · NC06 | Buy | Jul 20, 22 | Filing → |
| Gilbert CisnerosHouse · CA31 | Sell | Sep 16, 20 | Filing → |
| Dean PhillipsHouse · MN03 | Buy | Sep 23, 20 | Filing → |
| Dean PhillipsHouse · MN03 | Buy | May 13, 20 | Filing → |
| Gilbert CisnerosHouse · CA31 | Buy | Apr 29, 20 | Filing → |
Source: public STOCK Act disclosures. Filed weeks after the trade — a lagging signal, not a real-time one.
Top institutional holders
Largest 13F positions, with quarter-over-quarter change.
| Holder | Shares | Δ Quarter |
|---|---|---|
| Vanguard Group Inc | 19.43M | ▲ 108.88K |
| Blackrock, Inc. | 14.32M | ▲ 314.59K |
| Vanguard Capital Management LLC | 10.90M | ▲ 51.49K |
| Jpmorgan Chase & Co | 8.15M | ▼ 774.05K |
| State Street Corp | 7.96M | ▲ 98.45K |
| Geode Capital Management, LLC | 5.33M | ▼ 75 |
| Norges Bank | 4.51M | ▲ 4.51M |
| Invesco Ltd. | 4.13M | ▲ 433.18K |
| Price T Rowe Associates Inc | 3.92M | ▼ 152.71K |
| Citadel Advisors LLC | 3.62M | ▲ 38.69K |
| Allspring Global Investments Holdings, LLC | 2.78M | ▲ 11.70K |
| Goldman Sachs Group Inc | 2.69M | ▼ 923.42K |
Held by 1,158 ETFs
Biggest fund positions in L by dollar value.
Recent insider transactions
Who's buying, who's selling, and how much.
| Date | Insider | Type | Shares |
|---|---|---|---|
| Aug 6, 26 | TISCH ANDREW H | other | 924,000 |
| Aug 5, 26 | TISCH JAMES S | other | 1,150,000 |
| Jun 30, 26 | DAVIDSON CHARLES D | other | 223 |
| Jun 30, 26 | DIKER CHARLES M | other | 102 |
| Jun 30, 26 | FRIBOURG PAUL J | other | 223 |
| Jun 30, 26 | HARRIS WALTER L | other | 223 |
| Jun 30, 26 | Locker Jonathan C | other | 223 |
| Jun 30, 26 | Peters Susan | other | 223 |
| Jun 30, 26 | Robusto Dino | other | 223 |
| Jun 30, 26 | TISCH JAMES S | other | 223 |
A “Sell” may be a pre-scheduled 10b5-1 plan sale rather than a discretionary decision — read insider selling with that in mind.
Our L coverage
Recent articles, reports, and earnings notes.
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Generate L report →LOEWS CORPORATION ANNOUNCES QUARTERLY DIVIDEND ON COMMON STOCK
gurufocus.com · Aug 4
LOEWS CORPORATION ANNOUNCES QUARTERLY DIVIDEND ON COMMON STOCK
prnewswire.com · Aug 4
Hotels and pipelines drive Loews profits higher as insurance underwriting softens
proactiveinvestors.com · Aug 3
LOEWS CORPORATION REPORTS NET INCOME OF $444 MILLION FOR THE SECOND QUARTER OF 2026
prnewswire.com · Aug 3
Loews Corporation to Release Second Quarter 2026 Results on August 3, 2026
prnewswire.com · Jul 14
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gurufocus.com · Jun 26
EQB builds leadership team for its next chapter welcoming senior PC Financial executives and expanding key mandates
prnewswire.com · Jun 16
Real Canadian Superstore at Buffalo Run Set to Open This Fall
globenewswire.com · Jun 12
Headlines from third-party outlets — TickerSpark isn't affiliated with these sources.