Buyback yield (TTM)
2.01%
Shareholder yield (TTM)
2.25%
5Y share count change
-25.4%
Buyback spend (TTM)
$443M
Cumulative buybacks
$18.2B
Key takeaways
- Loews (L) repurchased about $443M of stock over the trailing twelve months.
- Diluted share count is down 25.4% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- Cash buyback spend has compounded at -2.7% per year over the latest 5-year window.
- TTM repurchases used about 21% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Loews (L)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Loews (L)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Loews (L)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Loews (L)
Latest: $806M
Overview
Loews (L) most recent annual buyback spend stands at $806M (2025) – surged 32.6% year-over-year.
Over 2020–2025 (5 years), Loews buyback spend expanded at a -2.7% compound annual rate, with a net decline across the window.
Between 2018 and 2025, Loews buyback spend plunged 68.1%, falling from $2.53B to $806M.
Across the available history, buyback spend reached its high of $2.53B in 2018 and its low of $0.00 in 1997.
Loews Buyback Spend 2025: $806M
In 2025, Loews reported buyback spend of $806M, surged 32.6% from 2024.
Loews Buyback Spend 2024: $608M
Loews buyback spend in 2024 was $608M, declined 28.4% below 2023.
Loews Buyback Spend 2023: $849M
2023's buyback spend for Loews came in at $849M, grew 16.5% from 2022.
Loews Buyback Spend 2022: $729M
Loews posted buyback spend of $729M in 2022, plunged 35.8% below 2021.
Loews Buyback Spend 2021: $1.14B
Loews buyback spend in 2021 was $1.14B.
See more financial history for Loews (L).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $806M | $0.00 | $806M | 3.70% | 209M | -5.2% | |
| 2024 | $608M | $0.00 | $608M | 3.30% | 221M | -3.2% | |
| 2023 | $849M | $36M | $813M | 5.38% | 228M | -6.4% | |
| 2022 | $729M | $0.00 | $729M | 5.25% | 243M | -6.5% | |
| 2021 | $1.14B | $0.00 | $1.14B | 7.79% | 260M | -7.2% | |
| 2020 | $923M | $0.00 | $923M | 7.50% | 280M | -7.6% | |
| 2019 | $1.05B | $0.00 | $1.05B | 6.76% | 303M | -5.2% | |
| 2018 | $2.53B | $35M | $2.5B | 17.71% | 320M | -5.2% | |
| 2017 | $216M | $0.00 | $216M | 1.29% | 338M | -0.2% | |
| 2016 | $134M | $0.00 | $134M | 0.85% | 338M | -6.7% | |
| 2015 | $1.27B | $14M | $1.25B | 9.69% | 363M | -5.2% | |
| 2014 | $622M | $0.00 | $622M | 3.96% | 383M | -1.8% | |
| 2013 | $228M | $0.00 | $228M | 1.52% | 390M | -1.6% | |
| 2012 | $212M | $0.00 | $212M | 1.36% | 396M | -2.3% | |
| 2011 | $732M | $0.00 | $732M | 4.90% | 405M | -3.4% | |
| 2010 | $405M | $0.00 | $405M | 2.50% | 420M | -3.2% | |
| 2009 | $336M | $0.00 | $336M | 2.16% | 433M | -9.2% | |
| 2008 | $33M | $0.00 | $33M | 0.27% | 477M | -26.0% | |
| 2007 | $672M | $0.00 | $672M | 2.52% | 645M | -0.4% | |
| 2006 | $510M | $0.00 | $510M | 2.25% | 647M | +16.0% | |
| 2005 | $0.00 | $0.00 | $0.00 | — | 558M | +0.3% | |
| 2004 | $18.1M | $0.00 | $18.1M | 0.14% | 557M | +0.0% | |
| 2003 | $17.9M | $0.00 | $17.9M | 0.20% | 556M | -1.5% | |
| 2002 | $394M | $0.00 | $394M | 4.71% | 565M | -3.8% | |
| 2001 | $320M | $0.00 | $320M | 3.29% | 587M | -0.8% | |
| 2000 | $584M | $0.00 | $584M | — | 592M | -11.2% | |
| 1999 | $602M | $0.00 | $602M | — | 667M | -3.3% | |
| 1998 | $409M | $0.00 | $409M | — | 689M | -0.1% | |
| 1997 | $0.00 | $0.00 | $0.00 | — | 690M | -1.3% | |
| 1996 | $216M | $0.00 | $216M | — | 699M | — | |
| 1995 | $6M | $0.00 | $6M | — | — | — | |
| 1994 | $225M | $0.00 | $225M | — | — | — | |
| 1993 | $336M | $0.00 | $336M | — | — | — | |
| 1992 | $238M | $0.00 | $238M | — | — | — | |
| 1991 | $264M | $0.00 | $264M | — | — | — | |
| 1990 | $467M | $0.00 | $467M | — | — | — | |
| 1989 | $81.6M | $0.00 | $81.6M | — | — | — |
- 2025$806M
- 2024$608M
- 2023$849M
- 2022$729M
- 2021$1.14B
- 2020$923M
- 2019$1.05B
- 2018$2.53B
- 2017$216M
- 2016$134M
- 2015$1.27B
- 2014$622M
- 2013$228M
- 2012$212M
- 2011$732M
- 2010$405M
- 2009$336M
- 2008$33M
- 2007$672M
- 2006$510M
- 2005$0.00
- 2004$18.1M
- 2003$17.9M
- 2002$394M
- 2001$320M
- 2000$584M
- 1999$602M
- 1998$409M
- 1997$0.00
- 1996$216M
- 1995$6M
- 1994$225M
- 1993$336M
- 1992$238M
- 1991$264M
- 1990$467M
- 1989$81.6M
Buybacks vs stock-based compensation for Loews (L)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: N/A.
Buybacks vs dividends (share of cash returned) for Loews (L)
How Loews splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Loews, ranked by their latest buyback spend.
| $34.6B | |
| $24.1B | |
| $19.5B | |
| $13.4B | |
| $12.4B | |
| $11.7B | |
| $5.84B | |
| $0.00 |
- $34.6B
- $24.1B
- $19.5B
- $13.4B
- $12.4B
- $11.7B
- $5.84B
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $2.13B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation
- Buybacks2.01% TTM
- Dividend Profile0.21% yield
- Dividend Calculator
- Dividend Forecast
- Dividend Capture
- Stock Split History5 splits
How this company returns cash to shareholders — buybacks, dividends, and stock splits.