Financial Statements

Loews Corporation (L)


+0.53 (+0.93%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2022 2021 2020 2019 2018
Retained Earnings (Previous Year) 14,77614,15015,82315,773-
Net Income 1,0121,578-931932636
Stock Dividends -644-887-672-80615,217
Dividend Paid --65-70-76-80
Retained Earnings 15,14414,77614,15015,82315,773

PPE Schedule

Year 2022 2021 2020 2019 2018
Gross PPE 9,88810,45115,56815,511-
Annual Depreciation -9,228-81-4,4071,09816,506
Capital Expenditure -660-482-710-1,041-995
Net PPE -9,88810,45115,56815,511

Intangible and Goodwill Schedule

Year 2022 2021 2020 2019 2018
Intangible and Goodwill (Previous Year) -665767785349
New Purchases -10,785-8,661-10,721-9,752-631
Intangible and Goodwill 665767785349-

Loews Corporation income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Loews Corporation FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.