Genworth Q4 net loss of $1 million; full-year 2024 net income $299 million
Genworth reported fourth-quarter 2024 net loss of $1 million, or breakeven per diluted share, compared with a $212 million loss a year earlier but down from $85 million of net income in the third quarter. Full-year 2024 net income was $299 million, or $0.68 per diluted share, up from $76 million in 2023, while quarterly total revenues fell to $1.78 billion from $1.91 billion.
Key points
- Q4 2024 adjusted operating income was $15 million, or $0.04 per diluted share, versus a $230 million loss in Q4 2023 and $48 million in Q3 2024.
- Full-year 2024 adjusted operating income was $273 million, or $0.62 per diluted share, compared with $41 million in 2023.
- Enact reported Q4 2024 adjusted operating income of $137 million; Long-Term Care Insurance adjusted operating loss was $104 million.
- The company repurchased $51 million of common stock in Q4 2024 and $565 million program-to-date through February 14, 2025.
The filing
Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 18, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.