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VOYA
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VOYAVoya Financial, Inc.
$99.01$9.0B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
VOYA logo

Voya Financial, Inc.

VOYA
NYSE · Life & Annuity Insurers
$99.01
At close - Nov 6, 4:00 PM EST - USD
Market Cap$8.98B
P/E13.6x
52W High$105.68
Volume862.93K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q3

Fee-Driven Earnings Face Volatile Provisions and Thin Equity

Voya's revenue base is overwhelmingly fee-driven, with non-interest income running at roughly 101.5% of total revenue in 2026Q3, which suggests earnings are tied to asset levels and participant counts rather than spread income.

GrowthContracting
ProfitabilityWeak
ValuationExpensive
TechnicalsHealthy
Explore valuation models
MARKET ACTION

VOYA price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

9/12 Beats

EPS beat 9 of last 12 quarters

02

Valuation risk

+29% Peers

P/E is 29% above peer median

03

Market leadership

RS 82 · Leader

High momentum (Outperforming 82% of market)

04

Healthy Uptrend

Uptrend

Price > 50DMA > 200DMA

Next CatalystEstimated earnings · Feb 2

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
VOYA+32.83%
S&P 500 (^GSPC)+7.63%
1-Year Return
VOYA+39.20%
S&P 500 (^GSPC)+9.69%
3-Year Return
VOYA+50.98%
S&P 500 (^GSPC)+69.72%
5-Year Return
VOYA+57.57%
S&P 500 (^GSPC)+57.71%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
13.6x
Forward P/EExpansion
10.9x
EV/EBITDA60th %ile
11.4x
FCF YieldCash Flow
18.6%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
13.6x
11.8x
80th· High
EV/EBITDA
11.4x
10.5x
60th· Fair
Price/FCF
5.4x
5.6x
40th· Fair
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$26.06-73.7%
Base (Fair)$63.65-35.7%
Bull$93.46-5.6%
$26.06 Bear$63.65 Base$93.46 Bull
Current Market Price: $99.01
Trades at a 55.6% premium to Base DCF ($63.65)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$7.38B-4.8% YoY
Net income FY25
$654M-1.9% YoY
Free cash flow FY25
$1.29B+41.4% YoY
Operating margin FY25
3.5%-6.8 pts YoY
ROIC (FY25)2.1%
Avg ROIC 5Y6.3%
ROE (TTM)10.2%
Piotroski Score6 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate9/12 (75%)
Revenue Beat Rate8/12 (67%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Nov 2, 2026
$2.60+0.4%
vs $2.59
$2.0B+3.4%
vs $2.0B
Q3 2026
Aug 4, 2026
$1.51-23.7%
vs $1.98
$1.9B-0.1%
vs $1.9B
Q2 2026
May 5, 2026
$2.26+11.9%
vs $2.02
$2.0B+2.7%
vs $2.0B
Q1 2026
Feb 3, 2026
$1.94-8.1%
vs $2.11
$2.1B+6.1%
vs $2.0B
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Business Wire·Oct 29, 2026
Voya Financial increases common dividend and declares preferred stock dividend

NEW YORK--(BUSINESS WIRE)--Voya Financial, Inc. (NYSE: VOYA) announced today that its board of directors has declared a 21% increase in the company's common stock dividend to $0.57 per share from $0.47 per share for the fourth quarter of 2026. The common stock dividend is payable on December 29, 2026, to shareholders of record as of November 24, 2026. Additionally, Voya's board declared a quarterly dividend of $13.3750 per share on the company's Series B 5.35% fixed-rate reset non-cumulative pr.

Business Wire·Oct 28, 2026
TCIM Issues Investor Presentation Outlining Why Voya Financial Shareholders Should Vote FOR No Confidence Referendum

NEW YORK--(BUSINESS WIRE)--TOMS Capital Investment Management (“TCIM”), which manages funds that together have an investment representing an approximately 4.65% economic interest in Voya Financial, Inc. (NYSE: VOYA) (“Voya” or the “Company”), today released an investor presentation detailing the case for shareholders to consider and vote on a non-binding resolution. This non-binding resolution allows shareholders to convey unequivocally that they “no longer continue to have confidence in the bo.

Zacks Investment Research·Oct 26, 2026
Voya Financial (VOYA) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Voya (VOYA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Business Wire·Oct 26, 2026
TCIM Provides Update on Voya's Effort to Prevent the Voices of Shareholders from Being Heard

NEW YORK--(BUSINESS WIRE)--TOMS Capital Investment Management (“TCIM”), which manages funds that together have an investment representing an approximately 4.65% economic interest in Voya Financial, Inc. (NYSE: VOYA) (“Voya” or the “Company”), has filed definitive proxy materials to provide shareholders the opportunity to consider and vote on a non-binding resolution. This non-binding resolution allows shareholders to convey unequivocally that they “no longer continue to have confidence in the b.

Filtered for Voya Financial, Inc.More Headlines
04

Compare before deciding

Benchmark VOYA against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Voya Financial, Inc. (VOYA)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
VOYA logoVOYAVoya Financial, Inc.Current
$99.01$8.98B13.62-4.8%11.85%10.19%1.85%
PFG logoPFGPrincipal Financial Group, Inc.
$110.91$23.96B12.24-3.11%11.82%15.77%2.73%
LNC logoLNCLincoln National Corporation
$40.05$7.66B2.381.24%16.36%31.63%4.36%
RGA logoRGAReinsurance Group of America, Incorporated
$261.90$17.16B10.063.39%6.34%13.06%1.37%
BHF logoBHFBrighthouse Financial, Inc.
$42.60$2.45B7.3642.16%12.53%11.26%4.19%
EQH logoEQHEquitable Holdings, Inc.
$52.66$14.37B9.57-6.21%11.53%109.28%2%

Compare VOYA vs Peers

Voya Financial, Inc. (VOYA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs PFG

Most directly comparable listed peer for VOYA.

Scale Benchmark

vs BLK

Larger-name benchmark to compare VOYA against a more recognizable public peer.

Peer Set

Compare Top 5

vs PFG, LNC, RGA, BHF

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

VOYA SEC Filings & Documents

Voya Financial, Inc. (VOYA) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Nov 2, 2026·SEC

Material company update

Oct 15, 2026·SEC

Material company update

Aug 4, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 20, 2026·SEC

FY 2025

Feb 21, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

Nov 4, 2026·SEC

FY 2026

Aug 6, 2026·SEC

FY 2026

May 7, 2026·SEC

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VOYA Frequently Asked Questions

Voya Financial, Inc. (VOYA) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is Voya Financial, Inc. growing?

Voya Financial, Inc. (VOYA) grew revenue by 223.4% over the trailing twelve months, compared with the twelve months before.

Is VOYA profitable?

Yes. Voya Financial, Inc. (VOYA) earned $669.0M in net income over the trailing twelve months (a 11.9% net margin).

Dividend & Returns
Does VOYA pay dividends?

Yes. Voya Financial, Inc. (VOYA) pays a dividend that yields 1.85% at the current price, a moderate yield.

What is VOYA's return on equity?

Voya Financial, Inc. (VOYA) had a return on equity (ROE) of 10.2% over the trailing twelve months. That is in line with the market's typical 10-15%.

Industry Metrics
What is Voya Financial, Inc.'s net interest margin?

Voya Financial, Inc. (VOYA) has a net interest margin (NIM) of -0.1%. NIM has been under pressure due to interest rate environment.

What is Voya Financial, Inc.'s efficiency ratio?

Voya Financial, Inc. (VOYA) has an efficiency ratio of 49.1%. This is excellent, indicating strong cost control.

What if you invested $1,000 in VOYA back in 2010?

Total return calculator · dividends reinvested · 16+ years of data

See returns →