Genworth Income Tax Expense from 2010 to 2024

GNW Stock  USD 6.00  0.10  1.64%   
Genworth Financial Income Tax Expense yearly trend continues to be fairly stable with very little volatility. Income Tax Expense is likely to outpace its year average in 2024. During the period from 2010 to 2024, Genworth Financial Income Tax Expense regression line of quarterly data had r-squared of  0 and coefficient of variation of  125.20. View All Fundamentals
 
Income Tax Expense  
First Reported
2003-03-31
Previous Quarter
30 M
Current Value
-36 M
Quarterly Volatility
113.4 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Genworth Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Genworth main balance sheet or income statement drivers, such as Depreciation And Amortization of 38 M, Interest Expense of 112.1 M or Total Revenue of 7.6 B, as well as many exotic indicators such as Price To Sales Ratio of 0.66, Dividend Yield of 0.0118 or PTB Ratio of 0.5. Genworth financial statements analysis is a perfect complement when working with Genworth Financial Valuation or Volatility modules.
  
This module can also supplement Genworth Financial's financial leverage analysis and stock options assessment as well as various Genworth Financial Technical models . Check out the analysis of Genworth Financial Correlation against competitors.
For more information on how to buy Genworth Stock please use our How to Invest in Genworth Financial guide.

Latest Genworth Financial's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Genworth Financial over the last few years. It is Genworth Financial's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Genworth Financial's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Very volatile
   Income Tax Expense   
       Timeline  

Genworth Income Tax Expense Regression Statistics

Arithmetic Mean165,348,889
Coefficient Of Variation125.20
Mean Deviation150,412,444
Median195,000,000
Standard Deviation207,017,338
Sample Variance42856.2T
Range804M
R-Value(0.05)
Mean Square Error46050.8T
R-Squared0
Significance0.87
Slope(2,176,310)
Total Sum of Squares599986.5T

Genworth Income Tax Expense History

2024202.2 M
2023104 M
2022239 M
2021263 M
2020270 M
2019195 M
2018151 M

About Genworth Financial Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Genworth Financial income statement, its balance sheet, and the statement of cash flows. Genworth Financial investors use historical funamental indicators, such as Genworth Financial's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Genworth Financial investors may use each financial statement separately, they are all related. The changes in Genworth Financial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Genworth Financial's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Genworth Financial Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Genworth Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense104 M202.2 M

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When determining whether Genworth Financial is a strong investment it is important to analyze Genworth Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Genworth Financial's future performance. For an informed investment choice regarding Genworth Stock, refer to the following important reports:
Check out the analysis of Genworth Financial Correlation against competitors.
For more information on how to buy Genworth Stock please use our How to Invest in Genworth Financial guide.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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When running Genworth Financial's price analysis, check to measure Genworth Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Genworth Financial is operating at the current time. Most of Genworth Financial's value examination focuses on studying past and present price action to predict the probability of Genworth Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genworth Financial's price. Additionally, you may evaluate how the addition of Genworth Financial to your portfolios can decrease your overall portfolio volatility.
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Is Genworth Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Genworth Financial. If investors know Genworth will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Genworth Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.78)
Earnings Share
0.16
Revenue Per Share
15.973
Quarterly Revenue Growth
0.024
Return On Assets
0.0029
The market value of Genworth Financial is measured differently than its book value, which is the value of Genworth that is recorded on the company's balance sheet. Investors also form their own opinion of Genworth Financial's value that differs from its market value or its book value, called intrinsic value, which is Genworth Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Genworth Financial's market value can be influenced by many factors that don't directly affect Genworth Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Genworth Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genworth Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genworth Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.