Genworth Historical Income Statement

GNW Stock  USD 7.81  0.01  0.13%   
Historical analysis of Genworth Financial income statement accounts such as Total Revenue of 7.7 B or Gross Profit of 7.7 B can show how well Genworth Financial performed in making a profits. Evaluating Genworth Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Genworth Financial's future profits or losses.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Genworth Financial latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Genworth Financial is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genworth Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Genworth Stock please use our How to Invest in Genworth Financial guide.

About Genworth Income Statement Analysis

Genworth Financial Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Genworth Financial shareholders. The income statement also shows Genworth investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Genworth Financial Income Statement Chart

At this time, Genworth Financial's Total Revenue is fairly stable compared to the past year. Gross Profit is likely to climb to about 7.7 B in 2024, whereas Interest Expense is likely to drop slightly above 112.1 M in 2024.

Total Revenue

Total revenue comprises all receipts Genworth Financial generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Genworth Financial minus its cost of goods sold. It is profit before Genworth Financial operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Genworth Financial. It is also known as Genworth Financial overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Genworth Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Genworth Financial current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genworth Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Genworth Stock please use our How to Invest in Genworth Financial guide.At this time, Genworth Financial's Total Revenue is fairly stable compared to the past year. Gross Profit is likely to climb to about 7.7 B in 2024, whereas Interest Expense is likely to drop slightly above 112.1 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue7.8B7.5B7.5B7.7B
Interest Expense160M106M118M112.1M

Genworth Financial income statement Correlations

0.550.220.22-0.020.570.040.460.350.320.310.46-0.33-0.020.160.02-0.22-0.18-0.65-0.650.130.050.14-0.13
0.550.730.730.410.890.010.390.330.050.240.41-0.190.470.00.55-0.520.15-0.76-0.750.08-0.420.64-0.58
0.220.731.00.820.42-0.080.180.01-0.35-0.030.070.160.33-0.420.43-0.430.2-0.71-0.690.05-0.550.87-0.79
0.220.731.00.820.42-0.080.180.01-0.35-0.030.070.160.33-0.420.43-0.430.2-0.71-0.690.05-0.550.87-0.79
-0.020.410.820.82-0.03-0.53-0.35-0.56-0.53-0.57-0.380.50.34-0.510.29-0.670.27-0.41-0.390.14-0.520.82-0.76
0.570.890.420.42-0.030.340.640.670.30.60.6-0.50.280.250.44-0.2-0.01-0.67-0.670.04-0.210.27-0.23
0.040.01-0.08-0.08-0.530.340.850.820.310.840.41-0.36-0.360.32-0.050.76-0.33-0.19-0.180.010.01-0.250.27
0.460.390.180.18-0.350.640.850.880.390.850.64-0.4-0.240.280.150.47-0.37-0.54-0.540.15-0.03-0.050.1
0.350.330.010.01-0.560.670.820.880.410.950.75-0.64-0.110.270.120.56-0.17-0.31-0.31-0.190.11-0.160.17
0.320.05-0.35-0.35-0.530.30.310.390.410.350.52-0.36-0.180.110.170.12-0.42-0.08-0.11-0.040.42-0.510.6
0.310.24-0.03-0.03-0.570.60.840.850.950.350.58-0.67-0.290.38-0.040.64-0.28-0.28-0.28-0.110.03-0.270.27
0.460.410.070.07-0.380.60.410.640.750.520.58-0.560.28-0.070.410.130.08-0.28-0.29-0.110.49-0.070.09
-0.33-0.190.160.160.5-0.5-0.36-0.4-0.64-0.36-0.67-0.560.02-0.060.0-0.23-0.080.160.150.36-0.40.33-0.36
-0.020.470.330.330.340.28-0.36-0.24-0.11-0.18-0.290.280.02-0.290.7-0.60.810.050.070.07-0.010.54-0.54
0.160.0-0.42-0.42-0.510.250.320.280.270.110.38-0.07-0.06-0.29-0.350.23-0.320.060.050.42-0.13-0.390.24
0.020.550.430.430.290.44-0.050.150.120.17-0.040.410.00.7-0.35-0.430.28-0.11-0.110.16-0.090.43-0.27
-0.22-0.52-0.43-0.43-0.67-0.20.760.470.560.120.640.13-0.23-0.60.23-0.43-0.340.270.27-0.220.15-0.510.48
-0.180.150.20.20.27-0.01-0.33-0.37-0.17-0.42-0.280.08-0.080.81-0.320.28-0.340.170.2-0.130.060.46-0.52
-0.65-0.76-0.71-0.71-0.41-0.67-0.19-0.54-0.31-0.08-0.28-0.280.160.050.06-0.110.270.171.0-0.060.32-0.50.43
-0.65-0.75-0.69-0.69-0.39-0.67-0.18-0.54-0.31-0.11-0.28-0.290.150.070.05-0.110.270.21.0-0.070.31-0.460.39
0.130.080.050.050.140.040.010.15-0.19-0.04-0.11-0.110.360.070.420.16-0.22-0.13-0.06-0.07-0.15-0.02-0.01
0.05-0.42-0.55-0.55-0.52-0.210.01-0.030.110.420.030.49-0.4-0.01-0.13-0.090.150.060.320.31-0.15-0.580.54
0.140.640.870.870.820.27-0.25-0.05-0.16-0.51-0.27-0.070.330.54-0.390.43-0.510.46-0.5-0.46-0.02-0.58-0.96
-0.13-0.58-0.79-0.79-0.76-0.230.270.10.170.60.270.09-0.36-0.540.24-0.270.48-0.520.430.39-0.010.54-0.96
Click cells to compare fundamentals

Genworth Financial Account Relationship Matchups

Genworth Financial income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization79M42M409M46M40M38M
Interest Expense239M202M160M106M118M112.1M
Total Revenue8.1B8.7B7.8B7.5B7.5B7.7B
Gross Profit8.1B8.7B7.8B7.5B7.5B7.7B
Other Operating Expenses7.4B7.6B6.7B6.5B7.4B7.0B
Operating Income538M448M1.2B739M(503M)(477.9M)
Ebit538M448M1.2B1.5B159M151.1M
Ebitda538M448M1.6B1.5B461M438.0M
Income Before Tax714M1.0B1.2B978M303M287.9M
Total Other Income Expense Net176M583M14M1.9B806M846.3M
Net Income519M761M904M609M76M72.2M
Income Tax Expense195M270M263M239M104M202.2M
Total Operating Expenses(7.6B)(8.2B)(6.7B)1.4B7.4B3.9B
Cost Of Revenue(5.2B)7.5B7.1B(575M)(517.5M)(491.6M)
Extraordinary Items660M132M(112M)(549M)19M0.0
Net Income Applicable To Common Shares343M178M904M609M548.1M309.3M
Selling General Administrative962M988M1.2B1.4B1.2B1.1B
Net Income From Continuing Ops519M761M918M739M483M371.3M
Minority Interest447M34M(41M)(130M)(121M)(115.0M)
Discontinued Operations122M(112M)(549M)19M17.1M18.0M
Tax Provision195M270M263M239M179M175.9M
Interest Income239M202M160M106M95.4M90.6M
Net Interest Income(239M)(202M)(160M)(106M)(116M)(121.8M)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Genworth Stock Analysis

When running Genworth Financial's price analysis, check to measure Genworth Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Genworth Financial is operating at the current time. Most of Genworth Financial's value examination focuses on studying past and present price action to predict the probability of Genworth Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genworth Financial's price. Additionally, you may evaluate how the addition of Genworth Financial to your portfolios can decrease your overall portfolio volatility.