Genworth Financial, Inc., together with its subsidiaries, provides mortgage and long-term care insurance products in the United States. It operates through two segments: Enact and Closed Block. The company offers primary mortgage, and mortgage insurance products, and contract underwriting services. It also provides long-term care insurance products that are intended to protect against the significant and escalating costs of long-term care services provided in the insured's home, assisted living, and nursing facilities. In addition, the company offers protection and retirement income products, that includes traditional and non-traditional life insurance, such as term, universal and term universal life insurance, corporate-owned life insurance, and funding agreements; fixed annuities; and variable annuities. It distributes its products through sales force, sales representatives, and digital marketing programs. Genworth Financial, Inc. was founded in 1871 and is headquartered in Glen Allen, Virginia.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $7.1B | - | $223M | $327M | 2.5% | -0.5% | -25.4% |
| 2024 | $7.1B | - | $299M | $88M | 3.5% | -3.1% | 293.4% |
| 2023 | $7.4B | - | $76M | $597M | 1.0% | -0.3% | -91.7% |
| 2022 | $7.4B | - | $916M | $1.0B | 12.0% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 7,396 | 7,371 | 7,143 | 7,106 |
| EBIT | - | 1,471 | 421 | 710 | 538 |
| Pretax Income | - | 1,365 | 303 | 595 | 433 |
| Tax Provision | - | 319 | 104 | 158 | 84 |
| Net Income | - | 916 | 76 | 299 | 223 |
| Net Income Common Stockholders | - | 916 | 76 | 299 | 223 |
| Total Expenses | - | 6,031 | 7,068 | 6,548 | 6,673 |
| Interest Expense | - | 106 | 118 | 115 | 105 |
| Normalized Income | - | 916 | 76 | 309 | 222 |
| Market Cap | 3,431.68 | 3,431.68 | 3,431.68 | 3,431.68 | 3,431.68 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Genworth Financial, Inc.this co. | GNW | - | 15.39 | 0.39 | 2.5% | - |
| Seacoast Banking Corporation of Florida | SBCF | $2.8B | 21.13 | 1.13 | 5.3% | - |
| Merchants Bancorp | MBIN | $2.8B | 10.29 | 1.30 | 12.6% | - |
| Artisan Partners Asset Management Inc. | APAM | $2.7B | 9.24 | 6.11 | 66.2% | 5.40 |
| The Bancorp, Inc. | TBBK | $2.6B |
| - |
| - |
| - |
| - |
| - |
| 10.71 |
| 3.54 |
| 33.1% |
| - |
| Acadian Asset Management Inc. | AAMI | $2.5B | 30.27 | 39.96 | 132.0% | 14.22 |
| WisdomTree, Inc. | WT | $2.3B | 21.24 | 5.60 | 26.4% | 16.65 |
| Hilltop Holdings Inc. | HTH | $2.3B | 12.95 | 0.99 | 7.6% | - |
| Stewart Information Services Corporation | STC | $2.0B | 18.87 | 1.33 | 7.0% | - |
| Peer Median | - | 15.91 | 2.44 | 19.5% | 14.22 | |