Genworth Financial, Inc. Gross Margin

Gross Margin of GNW for past 10 years: annual, quarterly and twelve month trailing (TTM) including Gross Margin growth rates and interactive chart. Gross profit margin shows the percentage of revenue that exceeds a company's costs of goods sold. It illustrates how well a company is generating revenue from the costs involved in producing their products and services. The higher the margin, the more effective the company's management is in generating revenue for each dollar of cost. Gross profit margin is calculated by subtracting the cost of goods sold from total revenue for the period and dividing that number by revenue. If a company has $200 million in revenue and $80 million in cost of goods sold, the gross margin is 60%.


Highlights and Quick Summary

  • Gross Margin for the quarter ending September 29, 2021 was 38.84% (a 5.29% increase compared to previous quarter)
  • Year-over-year quarterly Gross Margin decreased by -17.24%
  • Annual Gross Margin for 2020 was 31.39% (a 7.87% increase from previous year)
  • Annual Gross Margin for 2019 was 29.1% (a 36.56% increase from previous year)
  • Annual Gross Margin for 2018 was 21.31% (a 1.48% increase from previous year)
  • Twelve month Gross Margin ending September 29, 2021 was 38.94% (a 0.96% increase compared to previous quarter)
  • Twelve month trailing Gross Margin increased by 21.69% year-over-year
Trailing Gross Margin for the last four month:
29 Sep '21 29 Jun '21 30 Mar '21 30 Dec '20
38.94% 38.57% 34.86% 32.0%
Visit stockrow.com/GNW for comprehensive keystats, realtime prices, income statement, balance sheet, cash flow statement with 10 years of data, and state-of-the-art screener.

Historical Gross Margin of Genworth Financial, Inc.

Most recent Gross Marginof GNW including historical data for past 10 years.

Interactive Chart of Gross Margin of Genworth Financial, Inc.

Genworth Financial, Inc. Gross Margin for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 38.84% 36.89% 32.04%
2020 46.93% 37.52% 20.82% 18.3% 31.39%
2019 27.18% 29.21% 29.94% 30.09% 29.1%
2018 -15.76% 25.51% 37.15% 30.64% 21.31%
2017 -63.83% 31.92% 38.42% 34.91% 21.0%
2016 22.52% 14.65% 38.91% 41.9% 29.27%
2015 25.09% 30.05% 34.49% 35.74% 16.03%
2014 -12.46% 3.24% 36.92% 40.7% 18.03%
2013 21.42% 41.61% 38.72% 39.86% 36.52%
2012 35.39% 36.64% 34.39% 38.36% 36.17%
2011 27.17% 34.51% 29.08% 37.15% 32.13%
2010 20.92% 32.18%

Business Profile of Genworth Financial, Inc.

Sector: Financial Services
Industry: Insurance—Life
Genworth Financial, Inc. provides insurance products in the United States and internationally. It operates through four segments: U.S. Mortgage Insurance, Australia Mortgage Insurance, U.S. Life Insurance, and Runoff. The U.S. Mortgage Insurance segment offers mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans; and pool mortgage insurance products. The Australia Mortgage Insurance segment offers flow mortgage insurance and bulk mortgage insurance that aids in the sale of mortgages to the capital markets and helps lenders manage capital and risk. The U.S. Life Insurance segment offers long-term care insurance products; and service traditional life insurance and fixed annuity products in the United States. The Runoff segment includes variable annuity, variable life insurance, and corporate-owned life insurance, as well as funding agreements. The company distributes its products through sales force, in-house sales representatives, and digital marketing programs. Genworth Financial, Inc. was founded in 1871 and is headquartered in Richmond, Virginia.