Direct Answer
Loews Corporation reports revenue across 4 business segments in its fiscal 2025 Form 10-K. Cna Financial Corporation is the largest, with $15.0 billion of revenue (81% of the total), followed by Boardwalk Pipeline Partners Lp at $2.3 billion (13%).
How Does Loews Corporation Make Money?
Cna Financial Corporation supplies 81% of revenue, so Loews Corporation's results move mostly with that one business; the others matter more for diversification than for the headline number. Between fiscal 2024 and 2025, Boardwalk Pipeline Partners Lp grew fastest (+12.5%) and Corporate and Other slowest (-19.0%), so the revenue mix tilts toward Boardwalk Pipeline Partners Lp while that gap lasts.
| Segment | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
|---|---|---|---|---|
| Cna Financial Corporation | $15.0 billion | $14.3 billion | 81.2% | 5.0% |
| Boardwalk Pipeline Partners Lp | $2.3 billion | $2.1 billion | 12.6% | 12.5% |
| Loews Hotels Holding Corporation | $945 million | $933 million | 5.1% | 1.3% |
| Corporate and Other | $196 million | $242 million | 1.1% | -19.0% |
What the Segment Figures Do Not Show
The rows above add up to 100% of Loews Corporation's reported revenue for fiscal 2025; the difference is intersegment eliminations, corporate revenue or items the company reports outside its segments. Segment definitions are management's choice and change when a company reorganizes, in which case it restates prior years in the next filing, so a multi-year comparison should use the figures from a single filing. Revenue shows where sales come from, not where profit or cash is earned: a small segment can carry most of the margin.
Where These Numbers Come From
Every figure on this page is a value Loews Corporation reported in the segment note and revenue disclosures of its Form 10-K filed February 10, 2026 (accession 0000060086-26-000008), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading.
Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2025; it is not a forecast or a recommendation.
Frequently Asked Questions
What are Loews Corporation's business segments?
In its fiscal 2025 Form 10-K, Loews Corporation reports revenue for Cna Financial Corporation, Boardwalk Pipeline Partners Lp, Loews Hotels Holding Corporation and Corporate and Other.
Which part of Loews Corporation brings in the most revenue?
Cna Financial Corporation, with $15.0 billion of revenue in fiscal 2025, or 81% of the total.
Where does Loews Corporation report its segment results?
In the segment note to the financial statements in its Form 10-K, most recently filed February 10, 2026, alongside management's discussion of each segment's results.