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Loews (L) operating margin by quarter

Loews' operating margin was 8.5% in Q3 2026 (third quarter 2026), -4.4 pts from Q2 2026. Over the last 7 quarters it ranged from 8.5% (Q3 2026) to 14.8% (Q3 2025).

Loews operating margin by quarterLoews operating margin by quarter11.4%Q1 202511.8%Q2 202514.8%Q3 202511.4%Q4 202510.2%Q1 202612.9%Q2 20268.5%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 20268.5%-4.4 pts-6.2 pts
Q2 202612.9%+2.8 pts+1.1 pts
Q1 202610.2%-1.3 pts-1.3 pts
Q4 202511.4%-3.3 pts—
Q3 202514.8%+2.9 pts—
Q2 202511.8%+0.4 pts—
Q1 202511.4%——

Q3 2026 at a glance

Loews, Q3 2026: revenue $4.8B (+2% year over year), operating margin 8.5%, net earnings $306M, operating cash flow $954M. The chart follows the revenue to costs, profit and cash.

Questions

What is Loews' operating margin?

Loews' operating margin was 8.5% in Q3 2026 (third quarter 2026), -4.4 pts from Q2 2026.

How has Loews' operating margin changed?

Over the last 7 quarters it ranged from 8.5% (Q3 2026) to 14.8% (Q3 2025).

Q3 2026 results → · How Loews makes money →