Filing Flows › Loews (L) › Q2 2025
Loews (L) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 4, 2025
Loews (L) reported revenue of $4.6B for the second quarter 2025 (Q2 2025), +7% from a year earlier and +1% from the quarter before. Operating margin was 11.8%, net earnings $391M (8.6% of revenue).
Loews, Q2 2025: revenue $4.6B (+7% year over year), operating margin 11.8%, net earnings $391M, operating cash flow $1.0B. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.6B | +1% | +7% |
| Operating profit | $539M | +5% | +6% |
| Net earnings | $391M | +6% | +6% |
| Operating cash flow | $1.0B | +37% | +6% |
| Free cash flow | $872M | +37% | +10% |
What changed
Revenue was $4.6B in Q2 2025, up 7% year over year and up 1% from the previous quarter.
Operating profit was $0.54B, a 11.8% margin (unchanged year over year). Of the extra revenue versus a year earlier, 11% reached operating profit, below the 12% margin then. Total costs grew 7% against revenue growth of 7%. Net earnings were $0.39B, up 6% year over year. The effective tax rate was 22.8%.
Operating cash flow was $1.0B (up 6% year over year), 242% of net income including minority interests. Working capital and other items added $0.59B. Capital expenditures of $0.13B left free cash flow of $0.87B.
Questions
What was Loews' revenue in the second quarter 2025?
Loews (L) reported revenue of $4.6B for the second quarter 2025 (Q2 2025), +7% from a year earlier and +1% from the quarter before.
Was Loews profitable in the second quarter 2025?
Operating profit was $539M (11.8% of revenue) and net earnings $391M.
Source: Loews 10-Q on SEC EDGAR.