GENWORTH FINANCIAL INC
Business
Genworth Financial offers mortgage insurance products through its Enact subsidiary, which provides private mortgage insurance for residential mortgages in the United States. The company operates two reportable segments: Enact, comprised of private mortgage insurance products, and Closed Block, comprising legacy long-term care insurance, life insurance and annuity products. Genworth also operates emerging fee-based aging-care services and long-term care insurance products through CareScout Services and CareScout Insurance.
Summary from 10-K filed 2026-02-27
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Premiums | 3,499 | 3,480 | 3,636 | 3,680 | 3,406 | |
| Net investment income | 3,125 | 3,160 | 3,183 | 3,146 | 3,370 | |
| Net investment gains (losses) | 59 | 13 | 23 | −2 | 322 | |
| Policy fees and other income | 618 | 642 | 646 | 671 | 724 | |
| Total revenues | 7,301 | 7,295 | 7,488 | 7,495 | 7,822 | |
| Benefits and other changes in policy reserves | 4,821 | 4,766 | 4,783 | 4,303 | 4,575 | |
| Liability remeasurement (gains) losses | 313 | 153 | 587 | −290 | 242 | |
| Changes in fair value of market risk benefits and associated hedges | 3 | −13 | −12 | −104 | −160 | |
| Interest credited | 386 | 453 | 503 | 504 | 511 | |
| Acquisition and operating expenses, net of deferrals | 1,009 | 977 | 942 | 1,285 | 998 | |
| Amortization of deferred acquisition costs and intangibles | 231 | 249 | 264 | 326 | 384 | |
| Interest expense | 105 | 115 | 118 | 106 | 160 | |
| Total benefits and expenses | 6,868 | 6,700 | 7,185 | 6,130 | 6,710 | |
| Income (loss) from continuing operations before income taxes | 433 | 595 | 303 | 1,365 | 1,112 | |
| Provision (benefit) for income taxes | 84 | 158 | 104 | 319 | 248 | |
| Income (loss) from continuing operations | 349 | 437 | 199 | 1,046 | 864 | |
| Income (loss) from discontinued operations, net of taxes | 1 | −10 | 0 | 0 | 27 | |
| Net income (loss) | 350 | 427 | 199 | 1,046 | 891 | |
| Less: net income (loss) attributable to noncontrolling interests | 127 | 128 | 123 | 130 | — | |
| Net income (loss) available to Genworth Financial, Inc.s common stockholders | 223 | 299 | 76 | 916 | 850 | |
| Basic (in dollars per share) | 0.54 | 0.71 | 0.16 | 1.82 | 1.64 | |
| Diluted (in dollars per share) | 0.54 | 0.7 | 0.16 | 1.79 | 1.61 | |
| Basic (in dollars per share) | 0.54 | 0.69 | 0.16 | 1.82 | 1.68 | |
| Diluted (in dollars per share) | 0.54 | 0.68 | 0.16 | 1.79 | 1.65 | |
| Basic (in shares) | 409 | 434 | 469 | 504 | 507 | |
| Diluted (in shares) | 414 | 439 | 475 | 511 | 515 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Fixed maturity securities available-for-sale, at fair value (amortized cost of $48,150 and $48,720, respectively, and allowance for credit losses of $23 and $10, respectively) | 45,762 | 44,902 | — | — | — | |
| Equity securities, at fair value | 555 | 515 | 396 | 319 | 198 | |
| Commercial mortgage loans | 6,363 | 6,450 | — | — | — | |
| Less: Allowance for credit losses | −59 | −39 | −27 | −22 | −26 | |
| Commercial mortgage loans, net | 6,304 | 6,411 | 6,802 | 7,010 | 6,830 | |
| Policy loans | 2,297 | 2,310 | 2,220 | 2,139 | 2,050 | |
| Limited partnerships | 3,484 | 3,142 | 2,821 | 2,331 | 1,900 | |
| Other invested assets | 770 | 648 | 731 | 566 | 820 | |
| Total investments | 59,172 | 57,928 | 59,751 | 58,948 | 72,278 | |
| Cash, cash equivalents and restricted cash | 2,036 | 2,048 | 2,215 | 1,799 | 1,571 | |
| Accrued investment income | 603 | 607 | 647 | 643 | 647 | |
| Deferred acquisition costs | 1,586 | 1,779 | 1,988 | 2,211 | 2,488 | |
| Intangible assets and goodwill | 198 | 197 | — | — | — | |
| Reinsurance recoverable | 17,860 | 17,616 | 19,054 | 19,059 | 16,868 | |
| Less: Allowance for credit losses | −23 | −24 | −29 | −63 | −58 | |
| Reinsurance recoverable, net | 17,837 | 17,592 | 19,025 | 18,996 | 16,813 | |
| Other assets | 418 | 444 | 489 | 488 | 388 | |
| Deferred tax asset | 1,800 | 1,731 | 1,952 | 1,983 | 119 | |
| Market risk benefit assets | 64 | 57 | 43 | 26 | — | |
| Separate account assets | 4,369 | 4,438 | 4,509 | 4,417 | 6,066 | |
| Total assets | 88,083 | 86,821 | 90,817 | 89,714 | 99,171 | |
| Future policy benefits | 55,228 | 53,610 | 57,655 | 55,407 | 41,528 | |
| Policyholder account balances | 13,843 | 14,594 | 15,540 | 16,564 | 19,354 | |
| Market risk benefit liabilities | 413 | 465 | 625 | 748 | — | |
| Liability for policy and contract claims | 727 | 670 | 652 | 683 | 819 | |
| Unearned premiums | 92 | 115 | 149 | 203 | 672 | |
| Other liabilities | 2,131 | 2,026 | 1,768 | 1,687 | 1,511 | |
| Long-term borrowings | 1,513 | 1,518 | 1,584 | 1,611 | 1,899 | |
| Separate account liabilities | 4,369 | 4,438 | 4,509 | 4,417 | 6,066 | |
| Liabilities related to discontinued operations | 0 | 4 | 0 | 8 | 34 | |
| Total liabilities | 78,316 | 77,440 | 82,482 | 81,328 | 82,905 | |
| Commitments and contingencies (Note 22) | — | — | — | — | — | |
| Common stock, $0.001 par value; 1,500,000,000 shares authorized; 607,393,280 and 606,314,179 shares issued, respectively; 391,836,579 and 421,419,484 shares outstanding, respectively | 1 | 1 | 1 | 1 | 1 | |
| Additional paid-in capital | 11,888 | 11,875 | 11,884 | 11,869 | 11,858 | |
| Accumulated other comprehensive income (loss) | −1,324 | −1,643 | −2,555 | −2,614 | −5,855 | |
| Retained earnings | 1,684 | 1,462 | 1,213 | 1,139 | 2,490 | |
| Treasury stock, at cost (215,556,701 and 184,894,695 shares, respectively) | −3,499 | −3,251 | −3,063 | −2,764 | −2,700 | |
| Total Genworth Financial, Inc.s stockholders equity | 8,750 | 8,444 | 7,480 | 7,631 | 15,510 | |
| Noncontrolling interests | 1,017 | 937 | 855 | 755 | 756 | |
| Total equity | 9,767 | 9,381 | 8,285 | 8,336 | 4,285 | |
| Total liabilities and equity | 88,083 | 86,821 | 90,817 | 89,714 | 99,171 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Less (income) loss from discontinued operations, net of taxes | −1 | 10 | 0 | — | — | |
| Amortization of fixed maturity securities discounts and premiums | −138 | −119 | −106 | −154 | −176 | |
| Charges assessed to policyholders | −540 | −564 | −572 | −588 | −616 | |
| Amortization of deferred acquisition costs and intangibles | 231 | 249 | 264 | 326 | 384 | |
| Deferred income taxes | −55 | −103 | 48 | 315 | 275 | |
| Derivative instruments, limited partnerships and other | −316 | −461 | −557 | −335 | −359 | |
| Long-term incentive compensation expense | 58 | 51 | 49 | 37 | 40 | |
| Accrued investment income and other assets | −77 | −112 | −150 | −155 | −134 | |
| Insurance reserves | 908 | 777 | 1,500 | 1,055 | 1,168 | |
| Current tax liabilities | −30 | 14 | 46 | −1 | −34 | |
| Other liabilities, policy and contract claims and other policy-related balances | 5 | −55 | −86 | −364 | 14 | |
| Cash from (used by) operating activitiesdiscontinued operations | −12 | 0 | −3 | −31 | −491 | |
| Net cash from (used by) operating activities | 327 | 88 | 597 | 1,049 | 437 | |
| Fixed maturity securities | 2,926 | 2,524 | 2,426 | 2,705 | 4,162 | |
| Commercial mortgage loans | 696 | 586 | 470 | 759 | 874 | |
| Limited partnerships and other invested assets | 280 | 244 | 202 | 185 | 255 | |
| Fixed maturity and equity securities | 2,093 | 2,640 | 2,233 | 2,658 | 2,273 | |
| Fixed maturity and equity securities | −4,296 | −4,445 | −3,217 | −4,035 | −5,216 | |
| Commercial mortgage loans | −617 | −211 | −273 | −958 | −963 | |
| Limited partnerships and other invested assets | −614 | −518 | −586 | −645 | −767 | |
| Short-term investments, net | −31 | 24 | −12 | 23 | 18 | |
| Policy loans, net | 108 | 73 | 73 | 41 | 57 | |
| Proceeds from sale of property | 23 | 0 | 0 | — | — | |
| Other | −50 | −56 | −55 | 0 | 0 | |
| Net cash from (used by) investing activities | 518 | 861 | 1,261 | 733 | 896 | |
| Deposits to universal life and investment contracts | 505 | 534 | 566 | 606 | 669 | |
| Withdrawals from universal life and investment contracts | −991 | −1,214 | −1,637 | −1,668 | −2,071 | |
| Proceeds from issuance of long-term debt | 0 | 750 | 0 | 0 | 0 | |
| Debt issuance costs | 0 | −7 | 0 | 0 | — | |
| Repayment and repurchase of long-term debt | −7 | −824 | −32 | −297 | −1,541 | |
| Repurchase of subsidiary shares | −72 | −45 | −16 | 0 | 0 | |
| Treasury stock acquired in connection with share repurchases | −247 | −189 | −296 | −64 | 0 | |
| Dividends paid to noncontrolling interests | −23 | −21 | −39 | −46 | −37 | |
| Other, net | −22 | −99 | 11 | −85 | 32 | |
| Net cash from (used by) financing activities | −857 | −1,115 | −1,443 | −1,554 | −2,419 | |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | 0 | −1 | 1 | 0 | 1 | |
| Net change in cash, cash equivalents and restricted cash | −12 | −167 | 416 | 228 | −1,085 |
Filings
Material Events
Insiders
Institutional Holders
Holdings (13F)
Portfolio as of 2026-03-31 · 2 positions
Top sectors
| Sector | Value | % of portfolio |
|---|---|---|
| Uncategorized | $427.74M | 100.0% |
Top holdings
| Issuer | Ticker | Shares | Value | % |
|---|---|---|---|---|
| ISHARES CORE S&P 500 INDEX ETF | — | 601.5K | $392.89M | 91.8% |
| POWERSHARES S&P 500 LOW VOLATILITY | — | 476.5K | $34.85M | 8.2% |
Frequently asked questions
What is GENWORTH FINANCIAL INC's CIK number?
GENWORTH FINANCIAL INC's SEC CIK number is 0001276520 (1276520). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find GENWORTH FINANCIAL INC's SEC filings?
All of GENWORTH FINANCIAL INC's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did GENWORTH FINANCIAL INC last report earnings?
GENWORTH FINANCIAL INC (GNW) most recently filed an earnings 8-K with the SEC on May 5, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001628280-26-030585). This is GENWORTH FINANCIAL INC's most recent earnings filing of record — not a forecast of its next earnings date.
What is GENWORTH FINANCIAL INC's most recent earnings 8-K?
GENWORTH FINANCIAL INC's latest earnings 8-K (Item 2.02) was filed May 5, 2026 under accession 0001628280-26-030585. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View GENWORTH FINANCIAL INC's latest earnings 8-K →
Look up any company's CIK number →