--- title: "Loews | 8-K: FY2025 Q4 Revenue: USD 4.734 B" type: "News" locale: "zh-CN" url: "https://longbridge.com/zh-CN/news/275306179.md" datetime: "2026-02-09T11:08:13.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/275306179.md) - [en](https://longbridge.com/en/news/275306179.md) - [zh-HK](https://longbridge.com/zh-HK/news/275306179.md) --- > 支持的语言: [English](https://longbridge.com/en/news/275306179.md) | [繁體中文](https://longbridge.com/zh-HK/news/275306179.md) # Loews | 8-K: FY2025 Q4 Revenue: USD 4.734 B Revenue: As of FY2025 Q4, the actual value is USD 4.734 B. EPS: As of FY2025 Q4, the actual value is USD 1.94. The provided document, a Form 8-K filing, indicates that Loews Corporation (洛斯保险) issued a press release and posted earnings remarks on February 9, 2026, detailing its results of operations for the fourth quarter of 2025; however, the filing itself does not contain the actual financial figures, operational metrics, or any forward-looking guidance from these reports . Therefore, the following metrics are extracted from the detailed earnings remarks. #### Overall Company Performance (Loews Corporation) - **Net Income:** 洛斯保险 reported net income of $402 million in Q4 2025, compared to $187 million in Q4 2024 . For the full year, net income was $1,667 million in 2025, compared to $1,414 million in 2024 . - **Book Value Per Share:** Book value per share increased to $90.71 as of December 31, 2025, from $79.49 as of December 31, 2024 . Book value per share, excluding AOCI, increased to $95.89 as of December 31, 2025, from $88.18 as of December 31, 2024 . - **Parent Company Financial Position (as of December 31, 2025):** The parent company had $3.9 billion in cash and investments and $1.8 billion in debt . - **Share Repurchases:** 洛斯保险 repurchased 1.0 million shares of its common stock for $98 million during Q4 2025, and 8.9 million shares for $782 million for the full year 2025 . - **Total Consolidated Revenues:** Total consolidated revenues were $4,734 million in Q4 2025, compared to $4,546 million in Q4 2024 . For the full year, revenues were $18,454 million in 2025, compared to $17,510 million in 2024 . - **Consolidated Insurance Premiums:** Consolidated insurance premiums were $2,797 million in Q4 2025, up from $2,679 million in Q4 2024 . For the full year, premiums were $10,900 million in 2025, compared to $10,211 million in 2024 . - **Consolidated Net Investment Income:** Consolidated net investment income was $714 million in Q4 2025, compared to $696 million in Q4 2024 . For the full year, income was $2,779 million in 2025, compared to $2,780 million in 2024 . - **Consolidated Investment Losses:** Consolidated investment losses were -$19 million in Q4 2025, compared to -$39 million in Q4 2024 . For the full year, losses were -$81 million in 2025, consistent with 2024 . - **Consolidated Operating Revenues and Other:** Consolidated operating revenues and other were $1,242 million in Q4 2025, compared to $1,210 million in Q4 2024 . For the full year, revenues were $4,856 million in 2025, compared to $4,600 million in 2024 . - **Consolidated Insurance Claims and Policyholders’ Benefits:** Consolidated insurance claims and policyholders’ benefits were $2,150 million in Q4 2025, compared to $2,030 million in Q4 2024 . For the full year, benefits were $8,294 million in 2025, compared to $7,738 million in 2024 . - **Consolidated Operating Expenses and Other:** Consolidated operating expenses and other were $2,043 million in Q4 2025, compared to $2,328 million in Q4 2024 . For the full year, expenses were $7,877 million in 2025, compared to $7,898 million in 2024 . #### CNA Financial Segment - **Net Income Attributable to 洛斯保险：** Net income was $276 million in Q4 2025, significantly up from $19 million in Q4 2024, which included a $265 million pension settlement charge . For the full year, net income was $1,173 million in 2025, compared to $879 million in 2024 . - **Core Income:** Core income decreased to $317 million in Q4 2025 from $342 million in Q4 2024 . For the full year, core income increased to $1,342 million in 2025 from $1,316 million in 2024 . - **Premium Growth:** Net earned premiums grew by 5% and net written premiums grew by 2% year-over-year in Q4 2025 . - **Property and Casualty Combined Ratio:** The combined ratio increased by 0.7 points to 93.8% in Q4 2025 from 93.1% in Q4 2024 . The underlying combined ratio increased to 92.3% in Q4 2025 from 91.4% in Q4 2024 . - **CNA Financial Revenues:** Revenues were $3,828 million in Q4 2025, compared to $3,689 million in Q4 2024 . For the full year, revenues were $14,989 million in 2025, compared to $14,270 million in 2024 . #### Boardwalk Pipelines Segment - **Net Income:** Net income decreased to $110 million in Q4 2025, compared to $145 million in Q4 2024, which included a $36 million income tax benefit . For the full year, net income was $444 million in 2025, compared to $413 million in 2024 . - **EBITDA:** EBITDA decreased to $287 million in Q4 2025, compared to $290 million in Q4 2024 . For the full year, EBITDA increased to $1,174 million in 2025, compared to $1,086 million in 2024 . - **Boardwalk Pipelines Revenues:** Revenues were $619 million in Q4 2025, compared to $577 million in Q4 2024 . For the full year, revenues were $2,324 million in 2025, compared to $2,065 million in 2024 . #### Loews Hotels & Co Segment - **Net Income:** Net income decreased to $6 million in Q4 2025, compared to $27 million in Q4 2024, primarily due to a $20 million (after tax) asset impairment charge . For the full year, net income was $31 million in 2025, compared to $70 million in 2024 . - **Adjusted EBITDA:** Adjusted EBITDA increased 35% to $113 million in Q4 2025, compared to $84 million in Q4 2024 . For the full year, Adjusted EBITDA was $372 million in 2025, compared to $326 million in 2024 . This improvement was driven by the addition of three new properties at Universal Orlando Resort, higher average daily rates and occupancy at existing Universal Orlando Resort properties, and improved results at the Loews Arlington Hotel and Convention Center . - **Loews Hotels & Co Revenues:** Revenues were $235 million in Q4 2025, compared to $240 million in Q4 2024 . For the full year, revenues were $945 million in 2025, compared to $933 million in 2024 . #### Corporate Segment - **Net Income:** Net income was $10 million in Q4 2025, improving from a net loss of -$4 million in Q4 2024, primarily due to higher investment income from the parent company trading portfolio . For the full year, net income was $19 million in 2025, compared to $52 million in 2024 . - **Corporate Investment Income, Net (Revenues):** Revenues were $52 million in Q4 2025, compared to $40 million in Q4 2024 . For the full year, revenues were $196 million in 2025, compared to $242 million in 2024 . #### Outlook / Guidance - The provided report does not contain explicit forward-looking statements or guidance regarding future financial performance or operational targets . ### 相关股票 - [Loews (L.US)](https://longbridge.com/zh-CN/quote/L.US.md) ## 相关资讯与研究 - [Loews Q4 Net Income, Revenue Rise](https://longbridge.com/zh-CN/news/275308046.md) - [--Loews Keeps Quarterly Dividend at $0.0625 per Share, Payable March 10 to Holders of Record Feb. 25](https://longbridge.com/zh-CN/news/275488730.md) - [AppYea Delays Annual 10-K Filing Briefly](https://longbridge.com/zh-CN/news/281286342.md) - [SharkNinja Named to Financial Times' Americas' Fastest Growing Companies 2026 | SN Stock News](https://longbridge.com/zh-CN/news/281525055.md) - [Accurate Wealth Management LLC Invests $2.10 Million in Loews Corporation $L](https://longbridge.com/zh-CN/news/280867906.md)