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Genworth Financial (STU:GGK) Tax Rate % : 36.36% (As of Dec. 2024)


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What is Genworth Financial Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Genworth Financial's Tax Expense for the three months ended in Dec. 2024 was €19 Mil. Genworth Financial's Pre-Tax Income for the three months ended in Dec. 2024 was €53 Mil. Therefore, Genworth Financial's Tax Rate % for the quarter that ended in Dec. 2024 was 36.36%.

Genworth Financial Tax Rate % Historical Data

The historical data trend for Genworth Financial's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Genworth Financial Tax Rate % Chart

Genworth Financial Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.78 22.30 23.37 34.32 26.55

Genworth Financial Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.59 27.97 22.38 24.84 36.36

Genworth Financial Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Genworth Financial's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=150.89/568.225
=26.55 %

Genworth Financial's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=19.1/52.525
=36.36 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Genworth Financial Tax Rate % Related Terms

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Genworth Financial Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Genworth Financial Inc (STU:GGK) » Definitions » Tax Rate %
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Traded in Other Exchanges
GNW:USA
Address
11011 West Broad Street, Glen Allen, VA, USA, 23060
Website
https://www.genworth.com
Genworth Financial Inc is a diversified insurance holding company that provides various mortgage and life insurance products. The company has three main operating business segments: Enact, Life and Annuities segment and Long-Term Care Insurance. The company's product portfolio includes various financial products such as traditional life insurance, mortgage insurance, fixed annuities, and variable annuities. Majority of the revenue is generated by the Enact segment. The company earns maximum of its revenue in the United States.

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