Loews (L) Operating Expenses (2009 - 2026)
Loews (L) posted quarterly Operating Expenses of $4.1 billion for Q2 2026, up 2.64% year-over-year from $4.0 billion in Q2 2025, and up 0.73% on a QoQ basis from $4.1 billion in Q1 2026.
Loews (L) Operating Expenses (2009 - 2026) Analysis & Trends
Loews has reported Operating Expenses for 18 years, with the latest figure at $4.1 billion in Q2 2026.
- Operating Expenses for Q2 2026 came in at $4.1 billion, up 2.64% year-over-year; the trailing twelve-month figure through Jun 2026 was $16.4 billion (up 0.73% YoY), and the FY2025 annual result was $16.2 billion, up 3.42% from the prior year.
- Operating Expenses improved to $4.1 billion in Q2 2026, from $4.1 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $4.4 billion in Q4 2024 and troughed at $3.0 billion in Q1 2022.
- A 5-year average of $3.7 billion and a median of $3.7 billion in 2023 frame the typical range for Operating Expenses.
- The widest annual swing landed in 2022, when Operating Expenses decreased 7.84%; it then grew 19.56% in 2024.
- A 5-year view of Operating Expenses shows it stood at $3.3 billion in 2022, then rose by 9.53% to $3.6 billion in 2023, then increased by 19.56% to $4.4 billion in 2024, then fell by 3.79% to $4.2 billion in 2025, then decreased by 1.69% to $4.1 billion in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $4.1 billion in Q2 2026, $4.1 billion in Q1 2026, and $4.2 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.94 Bn | 121.17 Bn | 9.13 Bn | 12.19 Bn |
| 2 | Progressive | 124.80 Bn | 119.80 Bn | 9.04 Bn | 19.40 Bn |
| 3 | Travelers Companies | 79.39 Bn | 55.64 Bn | 4.83 Bn | 9.39 Bn |
| 4 | Allstate | 68.49 Bn | 29.76 Bn | 16.28 Bn | 14.45 Bn |
| 5 | Fairfax Financial Holdings | 35.45 Bn | 35.45 Bn | - | -134.80 Mn |
| 6 | Cincinnati Financial | 26.76 Bn | 24.87 Bn | 2.39 Bn | 2.70 Bn |
| 7 | Loews | 23.30 Bn | 1.00 Bn | 2.57 Bn | 4.12 Bn |
| 8 | Markel | 23.19 Bn | 6.30 Bn | 2.83 Bn | 3.63 Bn |
| 9 | Assurant | 14.13 Bn | 12.09 Bn | 2.71 Bn | 3.08 Bn |
| 10 | Cna Financial | 13.87 Bn | 6.09 Bn | 3.44 Bn | 3.42 Bn |
Historic Data
Download 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 |