GNWGENWORTH FINANCIAL INC
Life Insurance
- Revenue
- $7.3B
- 0.1% YoY
- Operating margin
- —
- EBITDA
- —
- Market cap
- $3.3B
- Employees
- —
- Net debt / EBITDA
- —
- $468M net debt
- AI in 10-K
- 2.3
- mentions per 10K words
Takeover score 1 of 13
Fixable underperformance 0 of 7
- TSR below peersNo0 of 5 years3+ of last 5 years
- High CEO pay despite TSRNo$10M medianMedian CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo147% of net incomeCash flow under 80% of net income
- Dilutive SBCNo1% of revenueOver 10% of revenue
- Payouts exceed cash flowNo76% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo0% of assetsOver 40% of assets
- Shareholder dissentNo97% lowest supportAny vote under 80% support
Buyer economics 1 of 4
- Low revenue per employeeNo—Bottom quartile of its SIC industry
- Quiet on AINo2.3 per 10K words · 60th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo11.4× EBITDA net debtMore cash than debt, positive EBITDA
- Buyout-sizedYes$3.3B market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo−$4M netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $7.8B | $7.5B | $7.5B | $7.3B | $7.3B | 0.1% |
| Operating income | $474M | $818M | $41M | — | — | |
| Net income | $850M | $916M | $76M | $299M | $223M | 25% |
| Operating cash flow | $437M | $1.0B | $597M | $88M | $327M | 272% |
| Stock-based comp | $40M | $37M | $49M | $51M | $58M | 14% |
| Buybacks | $0 | $64M | $296M | $189M | $247M | 31% |
Deal filings
| Filed | Form | Acquirer | Price | Premium |
|---|---|---|---|---|
| Jan 25, 2017 | DEFM14A | Asia Pacific Global Capital Co., Ltd. | $5.43 | 4.2% |
| Dec 21, 2016 | PREM14A | Asia Pacific Global Capital Co., Ltd. | $5.43 | 4.2% |
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $4M · 7
- Net
- −$4M
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $10M | $19M | 239 | 144 |
| FY2024 | $10M | $10M | 185 | 123 |
| FY2023 | $10M | $14M | 177 | 95 |
| FY2022 | $9M | $13M | 140 | 88 |
| FY2021 | $8M | $20M | 107 | 105 |