Genworth Financial Inc
Genworth Financial, Inc., together with its subsidiaries, provides mortgage and long-term care insurance products in the United States and internationally. It operates through three segments: Enact, Long-Term Care Insurance, and Life and Annuities. The Enact segment offers primary mortgage, and mortgage insurance products, and contract underwriting services. The Long-Term Care Insurance segment o… Read more
Genworth Financial Inc (GNW) - Net Assets
Latest net assets as of September 2025: $9.82 Billion USD
Based on the latest financial reports, Genworth Financial Inc (GNW) has net assets worth $9.82 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($88.49 Billion) and total liabilities ($78.67 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $9.82 Billion |
| % of Total Assets | 11.1% |
| Annual Growth Rate | -1.32% |
| 5-Year Change | -90.77% |
| 10-Year Change | -35.57% |
| Growth Volatility | 120.67 |
Genworth Financial Inc - Net Assets Trend (2000–2024)
This chart illustrates how Genworth Financial Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Genworth Financial Inc (2000–2024)
The table below shows the annual net assets of Genworth Financial Inc from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $9.43 Billion | +13.15% |
| 2023-12-31 | $8.34 Billion | -22.39% |
| 2022-12-31 | $10.74 Billion | -88.96% |
| 2021-12-31 | $97.29 Billion | -4.82% |
| 2020-12-31 | $102.22 Billion | +4.56% |
| 2019-12-31 | $97.77 Billion | +589.03% |
| 2018-12-31 | $14.19 Billion | -7.43% |
| 2017-12-31 | $15.33 Billion | +5.95% |
| 2016-12-31 | $14.47 Billion | -1.16% |
| 2015-12-31 | $14.64 Billion | -12.86% |
| 2014-12-31 | $16.80 Billion | +7.26% |
| 2013-12-31 | $15.66 Billion | -12.15% |
| 2012-12-31 | $17.82 Billion | +0.91% |
| 2011-12-31 | $17.66 Billion | +17.99% |
| 2010-12-31 | $14.97 Billion | +12.14% |
| 2009-12-31 | $13.35 Billion | +49.56% |
| 2008-12-31 | $8.93 Billion | -33.77% |
| 2007-12-31 | $13.48 Billion | +1.11% |
| 2006-12-31 | $13.33 Billion | +0.15% |
| 2005-12-31 | $13.31 Billion | +3.45% |
| 2004-12-31 | $12.87 Billion | -18.57% |
| 2003-12-31 | $15.80 Billion | -5.68% |
| 2002-12-31 | $16.75 Billion | +18.26% |
| 2001-12-31 | $14.16 Billion | +9.07% |
| 2000-12-31 | $12.99 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Genworth Financial Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 151100000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.51 Billion | 17.79% |
| Common Stock | $1.00 Million | 0.01% |
| Other Comprehensive Income | $-1.64 Billion | -19.33% |
| Other Components | $8.62 Billion | 101.53% |
| Total Equity | $8.49 Billion | 100.00% |
Genworth Financial Inc Competitors by Market Cap
The table below lists competitors of Genworth Financial Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Victoria's Secret & Co
NYSE:VSCO
|
$3.16 Billion |
|
Covivio
PINK:GSEFF
|
$3.16 Billion |
|
Tobu Railway Co. Ltd
PINK:TBURF
|
$3.16 Billion |
|
Korn Ferry
NYSE:KFY
|
$3.16 Billion |
|
Zhaojin Mining Industry Company Limited
PINK:ZHAOF
|
$3.15 Billion |
|
BankUnited Inc
NYSE:BKU
|
$3.15 Billion |
|
ING Bank Śląski SA
WAR:ING
|
$3.15 Billion |
|
Jiangxi Zhengbang Technology Co Ltd
SHE:002157
|
$3.15 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Genworth Financial Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,480,000,000 to 8,494,000,000, a change of 1,014,000,000 (13.6%).
- Net income of 299,000,000 contributed positively to equity growth.
- Dividend payments of 21,000,000 reduced retained earnings.
- Share repurchases of 189,000,000 reduced equity.
- Other comprehensive income increased equity by 913,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $299.00 Million | +3.52% |
| Dividends Paid | $21.00 Million | -0.25% |
| Share Repurchases | $189.00 Million | -2.23% |
| Other Comprehensive Income | $913.00 Million | +10.75% |
| Other Changes | $12.00 Million | +0.14% |
| Total Change | $- | 13.56% |
Book Value vs Market Value Analysis
This analysis compares Genworth Financial Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.42x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.30x to 0.42x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $26.74 | $8.07 | x |
| 2001-12-31 | $29.16 | $8.07 | x |
| 2002-12-31 | $34.49 | $8.07 | x |
| 2003-12-31 | $32.28 | $8.07 | x |
| 2004-12-31 | $26.23 | $8.07 | x |
| 2005-12-31 | $27.47 | $8.07 | x |
| 2006-12-31 | $28.40 | $8.07 | x |
| 2007-12-31 | $30.11 | $8.07 | x |
| 2008-12-31 | $20.60 | $8.07 | x |
| 2009-12-31 | $27.21 | $8.07 | x |
| 2010-12-31 | $28.06 | $8.07 | x |
| 2011-12-31 | $33.52 | $8.07 | x |
| 2012-12-31 | $33.45 | $8.07 | x |
| 2013-12-31 | $28.94 | $8.07 | x |
| 2014-12-31 | $30.06 | $8.07 | x |
| 2015-12-31 | $25.78 | $8.07 | x |
| 2016-12-31 | $25.37 | $8.07 | x |
| 2017-12-31 | $26.76 | $8.07 | x |
| 2018-12-31 | $24.88 | $8.07 | x |
| 2019-12-31 | $27.83 | $8.07 | x |
| 2020-12-31 | $29.94 | $8.07 | x |
| 2021-12-31 | $30.13 | $8.07 | x |
| 2022-12-31 | $19.54 | $8.07 | x |
| 2023-12-31 | $15.75 | $8.07 | x |
| 2024-12-31 | $19.33 | $8.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Genworth Financial Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.19%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 10.23x
- Recent ROE (3.52%) is above the historical average (3.43%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 9.82% | 12.47% | 0.10x | 7.67x | $-23.70 Million |
| 2001 | 8.69% | 11.09% | 0.11x | 7.34x | $-185.50 Million |
| 2002 | 7.01% | 10.46% | 0.10x | 7.01x | $-501.20 Million |
| 2003 | 6.84% | 9.83% | 0.11x | 6.55x | $-499.00 Million |
| 2004 | 8.99% | 11.16% | 0.10x | 8.07x | $-129.60 Million |
| 2005 | 9.17% | 12.48% | 0.09x | 7.91x | $-110.00 Million |
| 2006 | 9.96% | 12.91% | 0.09x | 8.32x | $-5.00 Million |
| 2007 | 9.05% | 10.97% | 0.10x | 8.48x | $-127.80 Million |
| 2008 | -6.41% | -5.75% | 0.09x | 12.03x | $-1.46 Billion |
| 2009 | -3.75% | -5.07% | 0.08x | 8.81x | $-1.69 Billion |
| 2010 | 0.38% | 0.52% | 0.09x | 8.11x | $-1.33 Billion |
| 2011 | 0.23% | 0.38% | 0.09x | 6.91x | $-1.62 Billion |
| 2012 | 1.95% | 3.22% | 0.09x | 6.85x | $-1.33 Billion |
| 2013 | 3.88% | 6.49% | 0.08x | 7.49x | $-883.30 Million |
| 2014 | -8.34% | -14.25% | 0.08x | 7.46x | $-2.74 Billion |
| 2015 | -4.80% | -7.19% | 0.08x | 8.30x | $-1.90 Billion |
| 2016 | -2.19% | -3.31% | 0.08x | 8.28x | $-1.54 Billion |
| 2017 | 6.09% | 10.87% | 0.07x | 7.85x | $-524.80 Million |
| 2018 | 0.96% | 1.41% | 0.08x | 8.11x | $-1.13 Billion |
| 2019 | 3.66% | 6.41% | 0.08x | 7.14x | $-899.50 Million |
| 2020 | 4.97% | 8.79% | 0.08x | 6.90x | $-770.80 Million |
| 2021 | 5.83% | 11.54% | 0.08x | 6.39x | $-647.00 Million |
| 2022 | 9.17% | 12.39% | 0.09x | 8.66x | $-82.40 Million |
| 2023 | 1.02% | 1.03% | 0.08x | 12.14x | $-672.00 Million |
| 2024 | 3.52% | 4.19% | 0.08x | 10.23x | $-550.40 Million |
Industry Comparison
This section compares Genworth Financial Inc's net assets metrics with peer companies in the Insurance - Life industry.
Industry Context
- Industry: Insurance - Life
- Average net assets among peers: $52,810,304,913
- Average return on equity (ROE) among peers: 25.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Genworth Financial Inc (GNW) | $9.82 Billion | 9.82% | 8.01x | $3.16 Billion |
| AIA Group Ltd (AAIGF) | $181.58 Billion | 2.29% | 0.02x | $75.83 Billion |
| Atlantic American Corporation (AAME) | $31.80 Million | 29.56% | 5.46x | $10.89 Million |
| Abacus Life Inc. (ABL) | $766.89K | 130.06% | 1.40x | $276.35 Million |
| Abacus Global Management, Inc. (ABX) | $1.30 Million | 50.90% | 0.12x | $92.43K |
| Aflac Incorporated (AFL) | $1.75 Billion | 16.71% | 10.58x | $56.35 Billion |
| Anadolu Hayat Emeklilik Anonim Sirketi (AUHYF) | $1.88 Billion | 37.14% | 26.33x | $90.55 Million |
| Brighthouse Financial Inc (BHF) | $14.86 Billion | -19.78% | 13.93x | $3.36 Billion |
| Challenger Limited (CFIGF) | $3.25 Billion | -12.80% | 7.79x | $1.66 Billion |
| Citizens Inc (CIA) | $28.30 Million | 19.53% | 3.74x | $217.00 Million |
| China Life Insurance Co Ltd (CILJF) | $324.71 Billion | 0.30% | 0.01x | $16.34 Billion |