Loews Corporation · New York, NY United States
Key Loews Corporation Financials
| Company Type | Public - Headquarters |
|---|---|
| Fiscal Year-End | December |
| 2010 Sales (mil.) | $14,615.0 |
| 2010 Employees | 18,400 |
Loews Corporation Stock Quote (NYSE: L)
| Latest 02/15/12 16:00:29 EST | Change ($) | Change (%) | High | Low |
|---|---|---|---|---|
| $37.59 |  -0.560 | -1.470 | $38.39 | $37.58 |
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Loews Corporation Income Statement
| Dec 10 | Dec 09 | Dec 08 | |
| Revenue | 14,615.0 | 14,117.0 | 13,247.0 |
| Cost of Goods Sold | -- | -- | -- |
| Gross Profit | 14,615.0 | 14,117.0 | 13,247.0 |
| Gross Profit Margin | -- | -- | -- |
| SG&A Expense | 1,391.0 | -- | 1,185.0 |
| Depreciation & Amortization | -- | -- | -- |
| Operating Income | 2,902.0 | 1,730.0 | 587.0 |
| Operating Margin | 19.9% | 12.3% | 4.4% |
| Nonoperating Income | 2,306.0 | 0.0 | 2,334.0 |
| Nonoperating Expenses | -- | -- | -- |
| Income Before Taxes | 2,902.0 | 1,730.0 | 587.0 |
| Income Taxes | 895.0 | 345.0 | 7.0 |
| Net Income After Taxes | 2,007.0 | 1,385.0 | 580.0 |
| Continuing Operations | 2,007.0 | 1,385.0 | (182.0) |
| Discontinued Operations | (20.0) | (2.0) | 4,712.0 |
| Total Operations | 1,288.0 | 564.0 | 4,530.0 |
| Total Net Income | 1,288.0 | 564.0 | 4,530.0 |
| Net Profit Margin | 8.8% | 4% | 34.2% |
| Diluted EPS from Total Net Income | 3.07 | 1.30 | 9.05 |
| Dividends per Share | 0.25 | 0.25 | 0.25 |
All amounts in millions of US Dollars except per share amounts.
Loews Corporation Balance Sheet
| Assets | Dec 10 | Dec 09 | Dec 08 |
| Current Assets | |||
| Cash | 120.0 | 190.0 | 131.0 |
| Net Receivables | 10,142.0 | 10,212.0 | 11,672.0 |
| Inventories | -- | -- | -- |
| Other Current Assets | -- | -- | -- |
| Total Current Assets | -- | -- | -- |
| Net Fixed Assets | 12,636.0 | 13,274.0 | 12,876.0 |
| Other Noncurrent Assets | 63,641.0 | 60,796.0 | 56,981.0 |
| Total Assets | 76,277.0 | 74,070.0 | 69,857.0 |
| Liabilities | Dec 10 | Dec 09 | Dec 08 |
| Current Liabilities | |||
| Accounts Payable | -- | -- | -- |
| Short-Term Debt | 647.0 | 10.0 | 71.0 |
| Other Current Liabilities | -- | -- | -- |
| Total Current Liabilities | -- | -- | -- |
| Long-Term Debt | 8,830.0 | 9,475.0 | 8,187.0 |
| Other Noncurrent Liabilities | 48,997.0 | 47,696.0 | 48,544.0 |
| Total Liabilities | 57,827.0 | 57,171.0 | 56,731.0 |
| Shareholder's Equity | |||
| Preferred Stock Equity | -- | -- | 4.0 |
| Common Stock Equity | 18,450.0 | 16,899.0 | 13,122.0 |
| Total Equity | 18,450.0 | 16,899.0 | 13,126.0 |
| Shares Outstanding (thou.) | 414,546.1 | 425,070.3 | 436,091.3 |
All amounts in millions of US Dollars except per share amounts.
Loews Corporation Cash Flow Statement
| Dec 10 | Dec 09 | Dec 08 | |
| Net Operating Cash Flow | (47) | 4,591 | 3,371 |
| Net Investing Cash Flow | 664.0 | (4,863.0) | (3,214.0) |
| Net Financing Cash Flow | (688.0) | 321.0 | (173.0) |
| Net Change in Cash | (70.0) | 59.0 | (29.0) |
| Depreciation & Amortization | |||
| Capital Expenditures | (917.0) | (2,529.0) | (3,997.0) |
| Cash Dividends Paid | (597.0) | (756.0) | (732.0) |
All amounts in millions of US Dollars except per share amounts.