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Loews (L) EV-to-EBIT

: 10.54 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Loews's Enterprise Value is $25,002 Mil. Loews's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $2,372 Mil. Therefore, Loews's EV-to-EBIT for today is 10.54.

The historical rank and industry rank for Loews's EV-to-EBIT or its related term are showing as below:

L' s EV-to-EBIT Range Over the Past 10 Years
Min: -26.71   Med: 14.51   Max: 292.33
Current: 10.54

During the past 13 years, the highest EV-to-EBIT of Loews was 292.33. The lowest was -26.71. And the median was 14.51.

L's EV-to-EBIT is ranked worse than
60.38% of 318 companies
in the Insurance industry
Industry Median: 7.73 vs L: 10.54

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Loews's Enterprise Value for the quarter that ended in Dec. 2023 was $24,886 Mil. Loews's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $2,372 Mil. Loews's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.53%.


Loews EV-to-EBIT Historical Data

The historical data trend for Loews's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Loews Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.12 -24.31 9.34 15.48 10.49

Loews Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.48 14.35 12.44 10.50 10.49

Competitive Comparison

For the Insurance - Property & Casualty subindustry, Loews's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Loews EV-to-EBIT Distribution

For the Insurance industry and Financial Services sector, Loews's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Loews's EV-to-EBIT falls into.



Loews EV-to-EBIT Calculation

Loews's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=25001.766/2372
=10.54

Loews's current Enterprise Value is $25,002 Mil.
Loews's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,372 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Loews  (NYSE:L) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Loews's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=2372/24885.67112
=9.53 %

Loews's Enterprise Value for the quarter that ended in Dec. 2023 was $24,886 Mil.
Loews's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,372 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Loews EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Loews's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Loews (L) Business Description

Traded in Other Exchanges
Address
667 Madison Avenue, New York, NY, USA, 10065-8087
Loews Corp is a holding company that is supported by a variety of businesses. Its largest subsidiary is CNA Financial Corporation, a property and casualty insurance company. CNA's services include risk management, information services, and warranty and claims administration. Loews also maintains an operation of offshore oil and gas drilling rigs through Diamond Offshore Drilling, Inc. The company engages in the transportation and storage of natural gas and natural gas liquids and gathering and processing of natural gas through Boardwalk Pipeline Partners, LP. Loews also operates a chain of hotels.
Executives
Andrew H Tisch director 667 MADISON AVE, NEW YORK NY 10021-8087
Jonathan M Tisch director, officer: Co-Ch. of Bd/Off. of the Pres. 667 MADISON AVENUE, NEW YORK NY 10021-8087
Ann E Berman director 255 STATE STREET, BOSTON MA 02109
Anthony Welters director
Paul J Fribourg director 667 MADISON AVE, NEW YORK NY 10021
Walter L Harris director TANENBAUM HARBER CO, 320 W 57TH STREET, NEW YORK NY 10019
Charles M Diker director ONE NEW YORK PLAZA, NEW YORK NY 10004
Joseph L Bower director 667 MADISON AVE, NEW YORK NY 10021
Kenneth I Siegel officer: Senior Vice President 667 MADISON AVENUE, NEW YORK NY 10065
Jonathan C Locker director C/O LOEWS CORPORATION, 9 WEST 57TH STREET, NEW YORK NY 10019
Charles D Davidson director QUANTUM ENERGY PARTNERS, 1401 MCKINNEY STREET, SUITE 2700, HOUSTON TX 77010
Richard Waldo Scott officer: SVP & Chief Investment Officer 667 MADISON AVENUE, NEW YORK NY 10065
Benjamin J Tisch officer: Sr. VP, Corp Dev and Strategy 667 MADISON AVE, NEW YORK NY 10065
Marc A Alpert officer: Sr. VP, Gen. Coun. & Secy. 667 MADISON AVENUE, NEW YORK NY 10065
Mark S Schwartz officer: V.P., C.A.O. and Treasurer C/O LOEWS CORPORATION, 667 MADISON AVENUE, NEW YORK NY 10065-8087

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