GNW Q2 2024 Earnings — Genworth Financial, Inc. Revenue & Financial Results | Market Cap Arena

GNWGenworth Financial, Inc.

$3B

Q2 2024 Earnings

Financial Services Insurance - Life

Income Statement

Revenue

$1.7B-7.6% YoY

Gross Profit

$137M7.9% margin

Operating Income

$143M8.3% margin

Net Income

$76M4.4% margin

EPS (Diluted)

$0.17

QoQ Revenue Growth

-6.0%

Cash Flow

Operating Cash Flow

$7M

Free Cash Flow

$7M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$87.5B

Total Liabilities

$78.2B

Stockholders' Equity

$8.5B

Cash & Equivalents

$1.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.7B	$1.9B	-7.6%
Gross Profit	$137M	$233M	-41.2%
Operating Income	$143M	$221M	-35.3%
Net Income	$76M	$137M	-44.5%

Revenue Segments

Long Term Care Insurance

$1.0B69%

Life and Annuities Segment

$454M31%

Corporate and Other

$6M0%