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Genworth Financial GNW Closed Block — Deferred Acquisition Costs

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Other financials

Income statement

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Revenue$1.9B+5.8%
Net income$47.0M-7.8%
EPS (diluted)$0.120.0%

Balance sheet

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Cash & equivalents$2.0B+10.5%
Total debt$1.5B-1.3%
Total equity$8.7B-0.7%
Total assets$87.4B0.0%

Cash flow

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Operating cash flow$52.0M+767%

Valuation

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Market cap$3.71B+8.4%
Enterprise value$3.23B+2.5%
P/E17.5×-0.5×
P/S0.5×0.0×

Profitability

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Net margin2.9%+0.2pp

Returns & leverage

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Return on equity2.4%+0.2pp
Debt / equity0.2×0.0×

Where this comes from

Reported directly by Genworth Financial in its filing.

Tagged under the XBRL concept us-gaap:SupplementaryInsuranceInformationDeferredPolicyAcquisitionCosts.

The source filing: Genworth Financial’s 10-K, filed February 27, 2026.

Filed
Feb 27, 2026, 4:17 PM EST
Fiscal year
FY2025
Accession
0001628280-26-012828
Segment / December 31, 2025Deferred Acquisition CostsFuture Policy BenefitsPolicyholder Account BalancesLiability for Policy and Contract ClaimsUnearned Premiums
Enact$22$572$92
Closed Block1,56455,22813,843149
Corporate and Other6
Total$1,586$55,228$13,843$727$92
December 31, 2024
Enact$24$525$115
Closed Block1,75553,61014,594139
Corporate and Other6

Item 8. Financial Statements and Supplementary Data

FAQ

What is Genworth Financial's closed block — deferred acquisition costs?
Genworth Financial (GNW) reported closed block — deferred acquisition costs of $1.56B in Q4 2025.
What does closed block — deferred acquisition costs mean?
This represents the capitalized costs associated with acquiring insurance policies that are amortized over the life of the contracts. It reflects the investment made to secure the business, which is then recognized as an expense over time. Changes in this balance indicate the pace of amortization and the long-term cost structure of the legacy portfolio.

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