Loews (L) Tax Rate (2009 - 2026)
Loews' (L) quarterly Tax Rate came in at 23.04% in Q2 2026, up 22.0% on a YoY basis from 18.88% in Q2 2025, and down 2.14% quarter-over-quarter from 23.54% in Q1 2026.
Loews (L) Tax Rate (2009 - 2026) Analysis & Trends
Loews (L) has reported Tax Rate for 18 consecutive years, with 23.04% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 22.0% year-over-year to 23.04%; the trailing twelve-month figure through Jun 2026 stood at 22.39% (up 178.0% YoY), and the FY2025 full-year result was 22.38%, up 211.0% from the prior year.
- Tax Rate fell to 23.04% in Q2 2026 per L's latest filing, from 23.54% in the prior quarter.
- Across five years, Tax Rate topped out at 23.74% in Q1 2025 and bottomed at 8.0% in Q3 2022.
- Historically, Tax Rate has averaged 19.14% across 5 years, with a median of 22.2% in 2025.
- The sharpest annual moves came in 2022 and 2023: Tax Rate tumbled 2708 bps in 2022, then surged 3047 bps in 2023.
- Over 5 years, Tax Rate stood at 18.49% in 2022, then increased by 20 bps to 22.19% in 2023, then sank by 102 bps to 0.53% in 2024, then jumped by 4027 bps to 20.89% in 2025, then climbed by 10 bps to 23.04% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 23.04%, 23.54%, and 20.89% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,085.11 Bn | 760.40 Bn | 55.86 Bn | 19.62% |
| 2 | Chubb | 129.51 Bn | 121.21 Bn | 9.13 Bn | 20.47% |
| 3 | Progressive | 120.30 Bn | 115.30 Bn | 9.04 Bn | 21.34% |
| 4 | Marsh & Mclennan Companies | 81.24 Bn | 69.29 Bn | 6.04 Bn | 24.15% |
| 5 | Travelers Companies | 75.54 Bn | 51.79 Bn | 6.23 Bn | 20.20% |
| 6 | Manulife Financial | 75.22 Bn | 76.43 Bn | - | - |
| 7 | Metlife | 61.21 Bn | 34.19 Bn | 7.82 Bn | 24.73% |
| 8 | Aon | 60.67 Bn | 59.43 Bn | - | 21.96% |
| 9 | Arthur J. Gallagher | 59.09 Bn | 57.73 Bn | - | 21.74% |
| 10 | Loews | 21.65 Bn | 268.94 Mn | 2.57 Bn | 23.04% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.04% |
| Mar 31, 2026 | 23.54% |
| Dec 31, 2025 | 20.89% |
| Sep 30, 2025 | 22.21% |
| Jun 30, 2025 | 22.82% |
| Mar 31, 2025 | 23.74% |
| Dec 31, 2024 | -0.53% |
| Sep 30, 2024 | 22.73% |
| Jun 30, 2024 | 22.09% |
| Mar 31, 2024 | 22.89% |
| Dec 31, 2023 | 22.19% |
| Sep 30, 2023 | 22.47% |
| Jun 30, 2023 | 23.62% |
| Mar 31, 2023 | 22.16% |
| Dec 31, 2022 | 18.49% |
| Sep 30, 2022 | -8.00% |
| Jun 30, 2022 | 20.43% |
| Mar 31, 2022 | 19.82% |
| Dec 31, 2021 | 19.22% |
| Sep 30, 2021 | 19.08% |
Loews Tax Rate 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=tax-rate&ticker=L&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=L&period=max&api_key=YOUR_API_KEY");
const data = await res.json();