Loews (L) Operating Income (2009 - 2026)
Loews (L) recorded Operating Income of $507 million in Q3 2026, down 36.7% from $801 million a year earlier and down 29.1% from the prior quarter.
Loews (L) Operating Income (2009 - 2026) Analysis & Trends
On a TTM basis, Loews' Operating Income came in at $2.45 billion as of Sep 30, 2026, up 3.7% year-over-year; for FY2025, it came in at $2.72 billion, up 17.5% from FY2024.
- Across earlier years, Operating Income came in at $2.32 billion in FY2024 (-2.4%), $2.37 billion in FY2023 (+59.0%), $1.49 billion in FY2022 (-42.3%) and $2.58 billion in FY2021.
- The Q3 2026 figure is the lowest quarterly Operating Income since Q4 2024.
- On a year-over-year basis, Operating Income rose in four of the last eight quarters, with growth averaging 4.7%.
- Peak year-over-year performance for Operating Income in the last five years was growth of 571.6% in Q3 2023, against a decline of 58.0% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $715 million (Q2 2026), $576 million (Q1 2026) and $654 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,231.33 Bn | -186.15 Bn | 55.86 Bn | -30.21 Bn |
| 2 | Chubb | 142.18 Bn | 93.11 Bn | 8.67 Bn | 3.61 Bn |
| 3 | Progressive | 135.09 Bn | 110.61 Bn | 8.29 Bn | 3.32 Bn |
| 4 | Marsh & Mclennan Companies | 99.49 Bn | 91.89 Bn | - | 1.22 Bn |
| 5 | Travelers Companies | 82.54 Bn | 60.03 Bn | 5.93 Bn | 2.49 Bn |
| 6 | Manulife Financial | 74.91 Bn | -19.46 Bn | - | - |
| 7 | Arthur J. Gallagher | 73.88 Bn | 68.50 Bn | - | - |
| 8 | Aon | 73.07 Bn | 52.29 Bn | - | 809.00 Mn |
| 9 | Allstate | 66.46 Bn | 26.28 Bn | 7.41 Bn | 2.71 Bn |
| 10 | Loews | 22.49 Bn | 693.42 Mn | 2.41 Bn | 507.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 507.00 Mn |
| Jun 30, 2026 | 715.00 Mn |
| Mar 31, 2026 | 576.00 Mn |
| Dec 31, 2025 | 654.00 Mn |
| Sep 30, 2025 | 801.00 Mn |
| Jun 30, 2025 | 646.00 Mn |
| Mar 31, 2025 | 619.00 Mn |
| Dec 31, 2024 | 298.00 Mn |
| Sep 30, 2024 | 664.00 Mn |
| Jun 30, 2024 | 621.00 Mn |
| Mar 31, 2024 | 732.00 Mn |
| Dec 31, 2023 | 709.00 Mn |
| Sep 30, 2023 | 450.00 Mn |
| Jun 30, 2023 | 599.00 Mn |
| Mar 31, 2023 | 614.00 Mn |
| Dec 31, 2022 | 559.00 Mn |
| Sep 30, 2022 | 67.00 Mn |
| Jun 30, 2022 | 331.00 Mn |
| Mar 31, 2022 | 535.00 Mn |
| Dec 31, 2021 | 537.00 Mn |
Loews Operating Income 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-income&ticker=L&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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-income&ticker=L&period=max&api_key=YOUR_API_KEY");
const data = await res.json();