Loews
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Loews's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 14% to $2,759,384,936. Profit margin reached -1%. Total operating expenses were $801,660,941.

Profit Margin

Loews Corporation (NYSE:L&E.BK): Profit margin
2015 2.66B 62.68M 2.35%
2016 2.93B 74.10M 2.52%
2017 2.55B 61.07M 2.39%
2018 2.92B 116.91M 4%
2019 2.70B 72.25M 2.67%
2020 2.41B 37.13M 1.54%
2021 2.67B 43.82M 1.64%
2022 3.22B 31.41M 0.98%
2023 2.75B -24.08M -0.87%

L&E.BK Income Statement (2015 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue
Revenue
2.75B3.22B2.67B2.41B2.70B2.92B2.55B2.93B2.66B
Cost of revenue
1.91B2.39B1.95B1.63B1.84B2.02B1.81B2.16B1.93B
Gross profit
841.68M822.34M722.90M777.16M868.10M900.11M739.66M771.14M733.47M
Operating exp.
Research and development
000000000
Selling and marketing
323.79M00000000
Total operating expenses
801.66M790.62M675.30M701.37M740.20M714.52M628.54M642.28M614.12M
Operating income
40.01M31.72M47.60M75.78M127.89M185.58M111.11M128.85M119.35M
Other income (expenses), net
-57.09M7.01M6.85M-24.99M-29.42M-30.59M-44.46M-33.61M-40.59M
Income before tax
-17.07M38.74M54.46M50.79M98.47M154.99M82.01M95.24M78.75M
Income tax expense
7.01M7.32M10.63M13.65M26.46M38.08M20.64M20.77M16.64M
Net income
-24.08M31.41M43.82M37.13M72.25M116.91M61.07M74.10M62.68M
Earnings per share
Basic EPS
-0.040.060.080.070.150.240.130.170.15
Diluted EPS
-0.040.060.080.070.150.240.130.160.14