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US consumer cybersecurity company selling antivirus and identity-protection software under the Norton, Avast and LifeLock brands.
US consumer cybersecurity company selling antivirus and identity-protection software under the Norton, Avast and LifeLock brands.
Customers pay annual subscriptions that renew automatically, so retention and the mix of identity and privacy add-ons matter more than new licence sales. The 2022 merger of NortonLifeLock with Avast combined two large consumer security brands under the new name Gen.
Moat: narrow (brand, installed base, distribution). Long-standing consumer security brands and a large installed subscriber base support renewal-driven revenue.
Headquarters: Tempe, Arizona, US · Founded: 1982 · Employees: 3,900
Size Gen Digital (GEN) is a United States Information Technology company (Packaged Software) with a market value of $17.7B, the 531st largest of 3,117 United States companies the cockpit tracks. Shares closed at $29.79 on 6 Nov 2026.
Performance Over six months the shares gained 32.0%, against +32.6% for the median peer and -1.1% for the United States market (cap-weighted) — 10th lowest of 20 in its peer set.
Growth Revenue grew 16.9% over the last twelve months (peer median +20.0%); the operating margin is 42.8% (peer median 16.0%).
Valuation It trades at 9.6× forward earnings against a peer median of 22.8× (cheapest of 19).
Price implies For today's price to make sense, revenue must grow about 2% a year for seven years (Req g). Recent delivered growth is +14%, so the hurdle is -13 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 7.9 points above its cost of capital (9.3% WACC).
Backlog Backlog (remaining performance obligations) was $1.27B at 2 Oct 2026, up 1% on a year earlier — 0.2 years of trailing revenue. Backlog detail →
Credit Gen Digital has 1 bond outstanding ($600M), rated BB- by the agencies and trading like BBB at a weighted spread of 102 bp.
Short interest Short interest is 5.7% of the free float (15 Oct 2026).
Next results Next results expected around 4 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $5.23B | $5.00B | $3.94B | $3.80B | $3.34B |
| Revenue growth | — | +27% | +4% | +14% | — |
| Gross profit | $3.83B | $3.71B | $2.98B | $2.84B | $2.58B |
| EBITDA | $2.73B | $3.00B | $2.04B | $1.65B | $1.73B |
| Net income | $1.21B | $973M | $643M | $607M | $1.35B |
| Free cash flow | $1.76B | $1.52B | $1.21B | $2.04B | $751M |
| Capital expenditure | $16.0M | $22.0M | $15.0M | $20.0M | $6.00M |
| Total debt | $8.12B | $8.26B | $8.31B | $8.65B | $9.82B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Gen Digital GEN | $17.7B | +32% | +17% | 43% | 9.6× | 1.8% |
| Microsoft MSFT | $3.94T | +28% | +18% | 47% | 25.5× | 17.2% |
| Trend Micro 4704.T | $5.39B | +18% | +7% | 18% | 27.4× | -4.1% |
| Experian EXPN.L | $36.1B | +16% | +7% | 25% | 20.5× | 14.6% |
| Equifax EFX | $22.2B | +8% | +11% | 19% | 20.9× | 16.9% |
| TransUnion TRU | $15.5B | +13% | +13% | 15% | 15.9× | 20.3% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | GEN | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +30.9% | +2.3% | highest of 21 |
| 6-month return | +32.0% | +32.6% | 10th lowest of 20 |
| Distance from 52-week high | -5.9% | -14.2% | 6th highest of 21 |
| Revenue growth (TTM) | +16.9% | +20.0% | 9th lowest of 21 |
| Operating margin | 42.8% | 16.0% | 3rd highest of 21 |
| Forward P/E | 9.6× | 22.8× | cheapest of 19 |
| Growth the price implies (Req g, 7 yrs) | 1.8% | 18.8% | 3rd least demanding of 18 |
| Growth delivered (Del g) | +14.4% | +19.1% | 7th lowest of 18 |
| Hurdle (Req g minus delivered) | -12.6 pp | +0.8 pp | 5th least demanding of 18 |
| ROIC minus cost of capital | +7.9 pp | +0.7 pp | 8th highest of 18 |
| EV / EBITDA | 9.2× | 17.5× | cheapest of 12 |
| Net debt / EBITDA | 2.8× | -0.8× | 2nd most indebted of 15 |
| Bond spread | 102 bp | 133 bp | tightest of 4 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Gen Digital GEN | United States | $17.7B | +32% | +17% | 43% | 9.6× | 1.8% | +14.4% |
| F5, Inc. FFIV | United States | $17.7B | -12% | +11% | 24% | 17.1× | 9.7% | +5.6% |
| Circle Internet CRCL | United States | $17.3B | -40% | +26% | 13% | 68.1× | 23.2% | +52.7% |
| SS&C Technologies SSNC | United States | $18.2B | +13% | +9% | 24% | 10.2× | 6.9% | +6.1% |
| Beijing Kingsoft Office Software 688111.SS | China | $16.1B | -8% | +20% | 22% | 35.6× | 32.7% | +21.3% |
| Evolution EVO.ST | Sweden | $15.8B | +33% | -3% | 57% | 14.4× | -0.3% | +31.2% |
| Cerebras Systems CBRS | United States | $20.1B | n/a | +91% | -81% | n/a | n/a | n/a |
| Toast TOST | United States | $20.1B | +38% | +22% | 7% | 20.9× | 28.6% | +49.5% |
| PTC PTC | United States | $21.2B | +33% | +20% | 40% | 21.8× | 10.3% | +8.6% |
| Manhattan Associates MANH | United States | $14.7B | +77% | +8% | 25% | 42.0× | 29.4% | +13.0% |
| DocuSign DOCU | United States | $14.5B | +62% | +9% | 12% | 15.9× | 12.9% | +17.2% |
| Sage SGE.L | United Kingdom | $14.1B | +33% | +9% | 23% | 23.1× | 3.1% | +5.7% |
| Zhejiang Century Huatong 002602.SZ | China | $14.0B | -20% | +28% | 21% | 11.1× | -0.2% | +20.4% |
| Tempus AI TEM | United States | $13.9B | +53% | +37% | -18% | n/a | n/a | n/a |
| Unity Software U | United States | $22.7B | +83% | +14% | -14% | 49.4× | 33.5% | +19.1% |
| Hithink RoyalFlush Information Network 300033.SZ | China | $22.9B | -14% | +48% | 56% | 32.7× | 37.1% | +16.3% |
| Samsara IOT | United States | $24.0B | +38% | +30% | 1% | 48.5× | n/a | n/a |
| Trimble TRMB | United States | $12.6B | -11% | +7% | 18% | 13.6× | 15.3% | +2.6% |
| Dynatrace DT | United States | $12.5B | +7% | +18% | 14% | 22.6× | 18.8% | +23.5% |
| JFrog FROG | United States | $12.5B | +43% | +26% | -13% | 89.6× | 37.7% | +28.7% |
| MongoDB MDB | United States | $25.2B | +4% | +25% | -1% | 44.7× | 27.9% | +33.1% |
Gen Digital has 1 bond outstanding with $600M face value. The agencies rate it BB-; its bonds trade like BBB. Weighted yield 5.38%, a spread of 102 bp over government bonds.
Gen Digital reported $1.27B of remaining performance obligations at 2 Oct 2026, up 1% from a year earlier and down 4% from the previous quarter. That is 0.2 years of trailing revenue already under contract. Book-to-bill last quarter: 0.96.