Loews Corporation

Halal Rating :
Uncomfortable
Last Price $88.4
Market Cap $18.54b
1D Change

0.44 %

1 Year Change

17.5 %

Next Earnings Date

Yet to be announced

Company Overview

Loews Corporation provides commercial property and casualty insurance in the United States and internationally. The company is involved in the transportation and storage of natural gas and natural gas liquids(NGLs), and hydrocarbons through natural gas pipelines. It also operates a chain of 26 hotels; develops, manufactures, and markets a range of extrusion blow-molded and injection molded plastic containers.

Revenue Sources

Pass

Based on analysis of Loews Corporation's revenue sources, their main income streams come from insurance operations through CNA Financial, energy transportation through Boardwalk Pipeline, hospitality services through Loews Hotels, and packaging solutions through Altium Packaging. None of these core business activities are inherently haram.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
March 31, 2025 $4.39b $105.0m $-100,000,000.0 $105.0m 2.39% 100.00%
Dec. 31, 2024 $4.44b $110.0m $-110,000,000.0 $110.0m 2.48% 100.00%
Sept. 30, 2024 $4.35b $114.0m $-110,000,000.0 $114.0m 2.62% 100.00%
June 30, 2024 $4.15b $114.0m $-110,000,000.0 $114.0m 2.75% 100.00%

Looking at the financial data from the past four quarters, interest expense has been consistently high relative to total expenses, with significant interest income and expense figures appearing in each quarter. The presence of substantial interest-bearing activities indicates that interest plays a material role in the company's operations, particularly through its insurance subsidiary CNA Financial.

Operational Ethics

Pass

Based on available information from SEC filings and company reports, there is no evidence of significant ongoing associations with entities involved in human rights violations such as the state of Israel or the Chinese Communist Party.

Rating Justification

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