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Genworth Financial Inc   (GNW)
Other Ticker:  
 
    Sector  Financial    Industry Life Insurance
   Industry Life Insurance
   Sector  Financial
 

GNW's Operating Income Growth by Quarter and Year

Genworth Financial Inc 's Operating Income results by quarter and year




GNW Operating Income (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December 345.00 340.00 394.00 619.00
III Quarter September 120.00 212.00 408.00 634.00
II Quarter June 250.00 319.00 363.00 192.00
I Quarter March 162.00 265.00 284.00 -30.00
FY   877.00 1,136.00 1,449.00 1,415.00



GNW Operating Income fourth quarter 2023 Y/Y Growth Comment
Genworth Financial Inc achieved in the fourth quarter 2023, above Company average Operating Income improvement of 1.47% year on year, to $ 345.00 millions.

Looking into fourth quarter 2023 results within Life Insurance industry 3 other companies have achieved higher Operating Income growth. While Genworth Financial Inc ' s Operating Income increase of 1.47% ranks overall at the positon no. 872 in the fourth quarter 2023.

Explain Operating Income growth


GNW Operating Income ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December 1.47 % -13.71 % -36.35 % 1067.92 %
III Quarter September -43.4 % -48.04 % -35.65 % 174.46 %
II Quarter June -21.63 % -12.12 % 89.06 % -51.76 %
I Quarter March -38.87 % -6.69 % - -
FY   -22.8 % -21.6 % 2.4 % 29.11 %

Financial Statements
Genworth Financial Inc 's fourth quarter 2023 Operating Income $ 345.00 millions GNW's Income Statement
Genworth Financial Inc 's fourth quarter 2022 Operating Income $ 340.00 millions Quarterly GNW's Income Statement
New: More GNW's historic Operating Income Growth >>


GNW Operating Income (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December 187.5 % 60.38 % -3.43 % -2.37 %
III Quarter September -52 % -33.54 % 12.4 % 230.21 %
II Quarter June 54.32 % 20.38 % 27.82 % -
I Quarter March -52.35 % -32.74 % -54.12 % -
FY (Year on Year)   -22.8 % -21.6 % 2.4 % 29.11 %




Operating Income fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Life Insurance Industry #4
Financial Sector #208
Overall #872

Operating Income Y/Y Growth Statistics
High Average Low
326.01 % -30.57 % -523.11 %
(Jun 30 2021)   (Sep. 30, 2009)
Operating Income fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Life Insurance Industry #4
Financial Sector #208
Overall #872
Operating Income Y/Y Growth Statistics
High Average Low
326.01 % -30.57 % -523.11 %
(Jun 30 2021)   (Sep. 30, 2009)

Operating Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Genworth Financial Inc 's Q/Q Operating Income Growth


Operating Income Q/Q Growth Statistics
High Average Low
230.21 % 14.49 % -77.06 %
(Sep 30 2020)  


GNW's IV. Quarter Q/Q Operating Income Comment
Genworth Financial Inc achieved in the IV. Quarter 2023 above company average sequential Operating Income doubling of 187.5%, to $ 345.00 millions, from $120.00 millions in the third quarter.
Life Insurance company is impressively improving, not just claiming higher then regular increase, and also improving rate.

Within Life Insurance industry 2 other companies have achieved higher Operating Income quarter on quarter growth. While Genworth Financial Inc 's Operating Income growth quarter on quarter, overall rank is 80.


Operating Income Q/Q Growth Company Ranking
Within: No.
Life Insurance Industry #3
Financial Sector #34
Overall #80
Operating Income Q/Q Growth Company Ranking
Within: No.
Life Insurance Industry #3
Financial Sector #34
Overall #80
Operating Income Q/Q Growth Statistics
High Average Low
230.21 % 14.49 % -77.06 %
(Sep 30 2020)  


GNW's IV. Quarter Q/Q Operating Income Comment
Genworth Financial Inc achieved in the IV. Quarter 2023 above company average sequential Operating Income doubling of 187.5%, to $ 345.00 millions, from $120.00 millions in the third quarter.
GNW is undergoing a remarkable growth, not only recording above regular gain, and also accelerating pace.

Within Life Insurance industry 2 other companies have achieved higher Operating Income quarter on quarter growth. While Genworth Financial Inc 's Operating Income growth quarter on quarter, overall rank is 80.


Genworth Financial Inc 's 12 Months Operating Income Growth Year on Year


Operating Income TTM Growth

12 Months Ending
(Dec 31 2023)
12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
Cumulative Operating Income 12 Months Ending $ 877.00 $ 872.00 $ 964.00 $ 1,033.00 $ 1,136.00
Y / Y Operating Income Growth (TTM) -22.8 % -26.72 % -30.45 % -27.76 % -21.6 %
Year on Year Operating Income Growth Overall Ranking # 1111 # 1523 # 1502 # 1436 # 1256
Seqeuential Operating Income Change (TTM) 0.57 % -9.54 % -6.68 % -9.07 % -4.54 %
Seq. Operating Income Growth (TTM) Overall Ranking # 872 # 1306 # 1124 # 1151 # 1608




Cumulative Operating Income growth Comment
Genworth Financial Inc showed decline, but improvement compare to trailing twelve month Operating Income decrease in Sep 30 2023. If the fiscal year would end in Dec 31 2023, Genworth Financial Inc 's annual Operating Income decline would be -22.8% year on year to $877 millions.

In the Financial sector 270 other companies have achieved higher trailing twelve month Operating Income growth. While Total ranking has impoved so far to 1111, from total ranking in previous quarter at 1523.

Operating Income TTM Q/Q Growth Statistics
High Average Low
326.01 %
-30.57 %
-523.11 %
 

Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Life Insurance Industry # 4
Financial Sector # 271
Overall # 1111

Operating Income TTM Y/Y Growth Statistics
High Average Low
326.01 %
-30.57 %
-523.11 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 4
Sector # 208
S&P 500 # 872
Cumulative Operating Income growth Comment
Genworth Financial Inc showed decline, but improvement compare to trailing twelve month Operating Income decrease in Sep 30 2023. If the fiscal year would end in Dec 31 2023, Genworth Financial Inc 's annual Operating Income drop would be -22.8% year on year to $877 millions.

In the Financial sector 270 other companies have achieved higher trailing twelve month Operating Income growth. While Total ranking has impoved so far to 1111, from total ranking in previous quarter at 1523.

Operating Income TTM Q/Q Growth Statistics
High Average Low
326.01 %
-30.57 %
-523.11 %
 


Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Life Insurance Industry # 4
Financial Sector # 271
Overall # 1111

Operating Income TTM Y/Y Growth Statistics
High Average Low
326.01 %
-30.57 %
-523.11 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 4
Sector # 208
S&P 500 # 872




Other Operating Income Growth
Life Insurance Industry Operating Income Growth Trends and Statistics
Financial Sector Operating Income Growth Statistics
Operating Income Growth Trends for overall market
GNW's Operating Income Growth Ratio versus Life Insurance Industry, Financial Sector and total Market
Highest Ranking Operating Income Growth
Lowest Ranking Operating Income Growth
Operating Income Growth for GNW's Competitors
Operating Income Growth for Genworth Financial Inc 's Suppliers
Operating Income Growth for GNW's Customers

You may also want to know
GNW's Annual Growth Rates GNW's Profitability Ratios GNW's Asset Turnover Ratio GNW's Dividend Growth
GNW's Roe GNW's Valuation Ratios GNW's Financial Strength Ratios GNW's Dividend Payout Ratio
GNW's Roa GNW's Inventory Turnover Ratio GNW's Growth Rates GNW's Dividend Comparisons



Companies with similar Operating Income drop for the quarter ending Dec 31 2023 within Financial SectorY/Y Change %Operating Income for the quarter ending Dec 31 2023
Genworth Financial Inc 1.47%$ 1.471 millions
Diversified Healthcare Trust1.44%$ 1.435 millions
Jbg Smith Properties1.40%$ 1.402 millions
Westamerica Bancorporation1.39%$ 1.390 millions
Nicolet Bankshares Inc0.87%$ 0.865 millions




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