Loews (L) Operating Margin (2009 - 2026)
Loews (L) posted quarterly Operating Margin of 16.08% for Q2 2026, up 40.0% year-over-year from 11.48% in Q2 2025, and up 19.45% on a QoQ basis from 13.46% in Q1 2026.
Loews (L) Operating Margin (2009 - 2026) Analysis & Trends
Loews has reported Operating Margin for 18 years, with the latest figure at 16.08% in Q2 2026.
- Operating Margin for Q2 2026 came in at 16.08%, up 40.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 15.14% (down 33.0% YoY), and the FY2025 annual result was 15.06%, down 82.0% from the prior year.
- Operating Margin advanced to 16.08% in Q2 2026, from 13.46% in the prior quarter.
- Over five years, Operating Margin peaked at 17.38% in Q3 2024 and troughed at 10.8% in Q2 2022.
- A 5-year average of 14.69% and a median of 15.08% in 2025 frame the typical range for Operating Margin.
- The widest annual swing landed in 2022, when Operating Margin sank 459 bps; it then surged 425 bps in 2023.
- A 5-year view of Operating Margin shows it stood at 15.82% in 2022, then fell by 5 bps to 15.1% in 2023, then grew by 1 bps to 15.31% in 2024, then declined by 1 bps to 15.08% in 2025, then increased by 7 bps to 16.08% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 16.08% in Q2 2026, 13.46% in Q1 2026, and 15.08% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.95 Bn | 121.18 Bn | 9.13 Bn | 11.13% |
| 2 | Progressive | 124.05 Bn | 119.05 Bn | 9.04 Bn | -43.89% |
| 3 | Travelers Companies | 79.32 Bn | 55.56 Bn | 4.83 Bn | 9.95% |
| 4 | Allstate | 67.24 Bn | 28.51 Bn | 16.28 Bn | 5.43% |
| 5 | Fairfax Financial Holdings | 35.33 Bn | 35.33 Bn | - | - |
| 6 | Cincinnati Financial | 26.75 Bn | 24.86 Bn | 2.39 Bn | 7.46% |
| 7 | Loews | 23.32 Bn | 1.02 Bn | 2.57 Bn | 16.08% |
| 8 | Markel | 23.16 Bn | 6.28 Bn | 2.83 Bn | 38.83% |
| 9 | Assurant | 14.04 Bn | 12.01 Bn | 2.71 Bn | 4.12% |
| 10 | Cna Financial | 13.83 Bn | 6.05 Bn | 3.44 Bn | 18.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 16.08% |
| Mar 31, 2026 | 22.71% |
| Dec 31, 2025 | -6.77% |
| Sep 30, 2025 | 26.70% |
| Jun 30, 2025 | 26.50% |
| Mar 31, 2025 | 71.87% |
| Dec 31, 2024 | -6.91% |
| Sep 30, 2024 | 17.38% |
| Jun 30, 2024 | 25.58% |
| Mar 31, 2024 | 15.81% |
| Dec 31, 2023 | 25.94% |
| Sep 30, 2023 | 110.24% |
| Jun 30, 2023 | 107.25% |
| Mar 31, 2023 | 99.65% |
| Dec 31, 2022 | 8.40% |
| Sep 30, 2022 | 11.67% |
| Jun 30, 2022 | 16.98% |
| Mar 31, 2022 | 20.98% |
| Dec 31, 2021 | 9.16% |
| Sep 30, 2021 | 14.33% |