Loews (L) Operating Expenses (2009 - 2026)
Loews' (L) quarterly Operating Expenses came in at $4.1 billion in Q2 2026, up 2.64% on a YoY basis from $4.0 billion in Q2 2025, and up 0.73% quarter-over-quarter from $4.1 billion in Q1 2026.
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Analysis
Loews (L) Operating Expenses (2009 - 2026) Analysis & Trends
Loews (L) has reported Operating Expenses for 18 consecutive years, with $4.1 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 2.64% year-over-year to $4.1 billion; the trailing twelve-month figure through Jun 2026 stood at $16.4 billion (up 0.73% YoY), and the FY2025 full-year result was $16.2 billion, up 3.42% from the prior year.
- Operating Expenses improved to $4.1 billion in Q2 2026 per L's latest filing, from $4.1 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $4.4 billion in Q4 2024 and bottomed at $3.0 billion in Q1 2022.
- Historically, Operating Expenses has averaged $3.7 billion across 5 years, with a median of $3.7 billion in 2023.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses fell 7.84% in 2022, then advanced 19.56% in 2024.
- Over 5 years, Operating Expenses stood at $3.3 billion in 2022, then advanced by 9.53% to $3.6 billion in 2023, then gained by 19.56% to $4.4 billion in 2024, then decreased by 3.79% to $4.2 billion in 2025, then dropped by 1.69% to $4.1 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $4.1 billion, $4.1 billion, and $4.2 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,085.11 Bn | 760.40 Bn | 55.86 Bn | 86.07 Bn |
| 2 | Chubb | 129.51 Bn | 121.21 Bn | 9.13 Bn | 12.19 Bn |
| 3 | Progressive | 120.30 Bn | 115.30 Bn | 9.04 Bn | 19.40 Bn |
| 4 | Marsh & Mclennan Companies | 81.24 Bn | 69.29 Bn | 6.04 Bn | 5.51 Bn |
| 5 | Travelers Companies | 75.54 Bn | 51.79 Bn | 6.23 Bn | 9.39 Bn |
| 6 | Manulife Financial | 75.22 Bn | 76.43 Bn | - | -208.93 Mn |
| 7 | Metlife | 61.21 Bn | 34.19 Bn | 7.82 Bn | 18.12 Bn |
| 8 | Aon | 60.67 Bn | 59.43 Bn | - | 3.33 Bn |
| 9 | Arthur J. Gallagher | 59.09 Bn | 57.73 Bn | - | 3.59 Bn |
| 10 | Loews | 21.65 Bn | 268.94 Mn | 2.57 Bn | 4.12 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.12 Bn |
| Mar 31, 2026 | 4.09 Bn |
| Dec 31, 2025 | 4.19 Bn |
| Sep 30, 2025 | 3.98 Bn |
| Jun 30, 2025 | 4.02 Bn |
| Mar 31, 2025 | 3.98 Bn |
| Dec 31, 2024 | 4.36 Bn |
| Sep 30, 2024 | 3.92 Bn |
| Jun 30, 2024 | 3.76 Bn |
| Mar 31, 2024 | 3.60 Bn |
| Dec 31, 2023 | 3.65 Bn |
| Sep 30, 2023 | 3.57 Bn |
| Jun 30, 2023 | 3.43 Bn |
| Mar 31, 2023 | 3.26 Bn |
| Dec 31, 2022 | 3.33 Bn |
| Sep 30, 2022 | 3.49 Bn |
| Jun 30, 2022 | 3.15 Bn |
| Mar 31, 2022 | 2.96 Bn |
| Dec 31, 2021 | 3.22 Bn |
| Sep 30, 2021 | 3.07 Bn |
API Access
Loews Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=L&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "L", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=L&period=max&api_key=YOUR_API_KEY");
const data = await res.json();