Genworth Financial (GNW) Divestments (2018 - 2021)

Genworth Financial (GNW) has reported Divestments for 4 consecutive years, with $270.0 million the latest figure, recorded in Q1 2021.

• For the quarter ending Q1 2021, Divestments rose 241.77% year-over-year to $270.0 million; the trailing twelve-month figure through Dec 2021 stood at $270.0 million (up 221.62% YoY), and the FY2021 full-year result was $270.0 million, up 221.62% from the prior year.
• Divestments grew to $270.0 million in Q1 2021 per GNW's latest filing, from -$63.0 million in the prior quarter.
• Across five years, Divestments topped out at $1.4 billion in Q4 2019 and bottomed at -$127.0 million in Q3 2020.
• Historically, Divestments has averaged $145.3 million across 4 years, with a median of $500000.0 in 2018.
• The sharpest annual moves came in 2019 and 2020: Divestments surged 19957.14% in 2019, then sank 946.67% in 2020.
• Over 4 years, Divestments stood at $7.0 million in 2018, then soared by 19957.14% to $1.4 billion in 2019, then sank by 104.49% to -$63.0 million in 2020, then jumped by 528.57% to $270.0 million in 2021.
• According to Business Quant data, Divestments over the past three periods registered $270.0 million, -$63.0 million, and -$127.0 million for Q1 2021, Q4 2020, and Q3 2020 respectively.