Loews (L) Tax Rate (2009 - 2026)
Loews' Tax Rate was 20.69% in Q3 2026, down 1.52 percentage points from 22.21% a year earlier and down 2.35 percentage points from the prior quarter.
Loews (L) Tax Rate (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Loews' Tax Rate was 22.11% through Sep 30, 2026, up 1.54 percentage points year-over-year; for FY2025, it was 22.38%, up 2.11 percentage points from FY2024.
- Tax Rate shows a four-year change of +0.39 percentage points (FY2021 to FY2025).
- In earlier years, Tax Rate was 20.28% in FY2024 (-2.32 pp), 22.60% in FY2023 (+2.58 pp), 20.02% in FY2022 (-1.97 pp) and 21.99% in FY2021.
- The Q3 2026 figure marks the lowest quarterly Tax Rate since Q4 2022.
- Compared with a year earlier, Tax Rate was higher in three of the last six quarters, with an average year-over-year change of -0.07 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q4 2023 (a gain of 3.69 percentage points); the worst was Q1 2022 (a drop of 8.19 percentage points).
- Per Business Quant data, L's Tax Rate in the three quarters before Q3 2026 was 23.04% (Q2 2026), 23.54% (Q1 2026) and 20.89% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 140.76 Bn | 86.40 Bn | 8.67 Bn | 19.58% |
| 2 | Progressive | 132.42 Bn | 107.94 Bn | 8.29 Bn | 21.45% |
| 3 | Marsh & Mclennan Companies | 97.25 Bn | 89.41 Bn | - | 21.39% |
| 4 | Travelers Companies | 81.75 Bn | 59.24 Bn | 5.93 Bn | 19.08% |
| 5 | Manulife Financial | 73.54 Bn | -21.96 Bn | - | - |
| 6 | Arthur J. Gallagher | 72.19 Bn | 66.78 Bn | - | 21.17% |
| 7 | Aon | 71.05 Bn | 50.25 Bn | - | 20.59% |
| 8 | Allstate | 64.22 Bn | 24.06 Bn | 7.41 Bn | 20.52% |
| 9 | Metlife | 63.14 Bn | -43.64 Bn | 7.82 Bn | 24.73% |
| 10 | Loews | 22.46 Bn | -168.87 Mn | 2.41 Bn | 20.69% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 20.69% |
| 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% |
| 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% |
| Jun 30, 2022 | 20.43% |
| Mar 31, 2022 | 19.82% |
| Dec 31, 2021 | 19.22% |
| Sep 30, 2021 | 19.08% |
| Jun 30, 2021 | 21.64% |
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();