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Loews (STU:LTR) Tax Rate % : -0.53% (As of Dec. 2024)


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What is Loews Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Loews's Tax Expense for the three months ended in Dec. 2024 was €-1 Mil. Loews's Pre-Tax Income for the three months ended in Dec. 2024 was €180 Mil. Therefore, Loews's Tax Rate % for the quarter that ended in Dec. 2024 was -0.53%.

Loews Tax Rate % Historical Data

The historical data trend for Loews's Tax Rate % 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.

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Loews Tax Rate % Chart

Loews Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.82 21.99 20.02 22.60 20.28

Loews Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Tax Rate % Get a 7-Day Free Trial 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 22.19 22.89 22.09 22.73 -0.53

Loews Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Loews's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=362.9/1789.67
=20.28 %

Loews's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=-0.955/179.54
=-0.53 %

* 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 Tax Rate % Related Terms

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Loews Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Loews Corp (STU:LTR) » Definitions » Tax Rate %
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Traded in Other Exchanges
L:USA L:Mexico 0JVI:UK LTR:Germany
Address
9 West 57th Street, New York, NY, USA, 10019-2714
Website
https://www.loews.com
Loews Corp is a holding company along with its subsidiary engaged in commercial property and casualty insurance, transportation and storage of natural gas and natural gas liquids, operation of a chain of hotels, and also in the manufacture of rigid plastic packaging solutions. It has four reportable segments comprised of three individual consolidated operating subsidiaries, CNA Financial Corporation, Boardwalk Pipeline Partners, LP and Loews Hotels Holding Corporation; and the Corporate segment.

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