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6May 5, 2026·SEC
Apr 21, 2026·SEC
Apr 8, 2026·SEC
Voya Financial, Inc. (VOYA) fundamental analysis — strengths, weaknesses & financial health based on data analysis
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Voya Financial, Inc. (VOYA) stock price & volume — 10-year historical chart
Voya Financial, Inc. (VOYA) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Voya Financial, Inc. (VOYA) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 5, 2026 | $2.26vs $2.02+11.9% | $2.0Bvs $2.0B+2.7% |
| Q1 2026 | Feb 3, 2026 | $1.94vs $2.11-8.1% | $2.1Bvs $2.0B+6.1% |
| Q4 2025 | Nov 4, 2025 | $2.45vs $2.27+7.9% | $2.1Bvs $2.0B+7.1% |
| Q3 2025 | Aug 5, 2025 | $2.40vs $2.09+14.8% | $1.8Bvs $1.9B-5.3% |
Voya Financial, Inc. (VOYA) competitors in Asset and retirement managers — business model, growth, and fundamentals comparison
Voya Financial, Inc. (VOYA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Voya Financial, Inc. (VOYA) annual income statement — 10-year revenue, gross profit & net income history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Net Interest Income | -264M | -264M | -212M | -186M | -224M | -183M | -298M | -299M | -117M | -209M |
NII Growth % | 32.31% | 0% | 19.7% | 12.26% | -20.43% | 18.3% | -62.84% | -0.34% | 60.87% | 129.47% |
Net Interest Margin % | -0.12% | -0.17% | -0.13% | -0.1% | -0.13% | -0.12% | -0.19% | -0.18% | -0.07% | -0.12% |
Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Expense | 264M | 264M | 212M | 186M | 224M | 183M | 298M | 299M | 117M | 209M |
Loan Loss Provision | 4.1B | 3.86B | 4.14B | 4.46B | -3.35B | 2.78B | 3.36B | 3.87B | 3.49B | -29M |
Non-Interest Income | 7.23B | 7.16B | 7.48B | 7.65B | 4.23B | 5.93B | 7.35B | 8.05B | 7.5B | 1.87B |
Non-Interest Income % | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% |
Total Revenue | 7.23B▲ 0% | 7.16B▼ 0.9% | 7.48B▲ 4.4% | 7.65B▲ 2.3% | 4.23B▼ 44.7% | 5.93B▲ 40.2% | 7.35B▲ 23.9% | 8.05B▲ 9.6% | 7.5B▼ 6.9% | 1.87B▲ 0% |
Revenue Growth % | -17.74% | -0.94% | 4.43% | 2.29% | -44.7% | 40.19% | 23.91% | 9.55% | -6.88% | -300% |
Non-Interest Expense | 2.48B | 2.52B | 2.55B | 2.65B | 4.58B | 2.54B | 3.01B | 3.08B | 3.63B | 798M |
Efficiency Ratio | 34.31% | 35.19% | 34.13% | 34.7% | 108.37% | 42.87% | 40.99% | 38.25% | 48.36% | 42.63% |
Operating Income | 385M▲ 0% | 521M▲ 35.3% | 574M▲ 10.2% | 352M▼ 38.7% | 2.78B▲ 688.9% | 428M▼ 84.6% | 678M▲ 58.4% | 799M▲ 17.8% | 261M▼ 67.3% | 894M▲ 0% |
Operating Margin % | 5.33% | 7.28% | 7.68% | 4.6% | 65.65% | 7.22% | 9.23% | 9.93% | 3.48% | 47.76% |
Operating Income Growth % | 3750% | 35.32% | 10.17% | -38.68% | 688.92% | -84.59% | 58.41% | 17.85% | -67.33% | - |
Pretax Income | 385M▲ 0% | 521M▲ 35.3% | 574M▲ 10.2% | 352M▼ 38.7% | 2.78B▲ 688.9% | 428M▼ 84.6% | 678M▲ 58.4% | 799M▲ 17.8% | 837M▲ 4.8% | 894M▲ 0% |
Pretax Margin % | 5.33% | 7.28% | 7.68% | 4.6% | 65.65% | 7.22% | 9.23% | 9.93% | 11.17% | 47.76% |
Income Tax | 687M | 39M | -217M | -18M | -98M | -5M | -51M | 57M | 104M | 117M |
Effective Tax Rate % | 178.44% | 7.49% | -37.8% | -5.11% | -3.53% | -1.17% | -7.52% | 7.13% | 12.43% | 13.09% |
Net Income | -2.99B▲ 0% | 762M▲ 125.5% | -360M▼ 147.2% | -206M▲ 42.8% | 2.11B▲ 1126.2% | 510M▼ 75.9% | 625M▲ 22.5% | 667M▲ 6.7% | 654M▼ 1.9% | 693M▲ 0% |
Net Margin % | -41.39% | 10.64% | -4.81% | -2.69% | 49.98% | 8.6% | 8.51% | 8.29% | 8.72% | 37.02% |
Net Income Growth % | -814.98% | 125.47% | -147.24% | 42.78% | 1126.21% | -75.88% | 22.55% | 6.72% | -1.95% | 21.15% |
Net Income (Continuing) | -302M | 482M | 791M | 370M | 2.88B | 433M | 729M | 742M | 733M | 777M |
EPS (Diluted) | -16.25▲ 0% | 4.53▲ 127.9% | 5.43▲ 19.9% | 2.90▼ 46.6% | 16.52▲ 469.7% | 4.30▼ 74.0% | 5.41▲ 25.8% | 6.17▲ 14.0% | 6.32▲ 2.4% | 7.14▲ 0% |
EPS Growth % | -896.93% | 127.88% | 19.87% | -46.59% | 469.66% | -73.97% | 25.81% | 14.05% | 2.43% | 30.38% |
EPS (Basic) | -16.94 | 5.33 | 5.43 | -1.24 | 17.92 | 4.71 | 5.74 | 6.31 | 6.39 | - |
Diluted Shares Outstanding | 184.1M | 168.2M | 141M | 127.4M | 125.8M | 110.2M | 108.8M | 101.4M | 97M | 97M |
Voya Financial, Inc. (VOYA) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash & Short Term Investments | 50.23B | 3.87B | 40.98B | 45.4B | 35.37B | 28.41B | 26.71B | 25.7B | 1.23B | 58.05B |
Cash & Due from Banks | 1.44B | 1.57B | 1.25B | 1.72B | 1.57B | 1.01B | 1.12B | 1.51B | 1.23B | 969M |
Short Term Investments | 48.8B | 37.02B | 39.73B | 43.68B | 33.8B | 27.4B | 25.59B | 24.18B | 0 | 0 |
Total Investments | 68.51B | 52.41B | 11.4B | 11.68B | 11.49B | 12.09B | 11.74B | 55.36B | 0 | 146.59B |
Investments Growth % | 2.48% | -23.5% | -78.24% | 2.4% | -1.58% | 5.17% | -2.87% | 371.54% | -100% | 469.08% |
Long-Term Investments | 54.78B | 15.39B | -28.33B | -32B | -22.3B | -15.31B | -13.85B | 31.18B | 0 | 213.8B |
Accounts Receivables | 7.63B | 3.84B | 3.73B | 3.56B | 13.63B | 12.43B | 11.98B | 11.28B | 10.71B | 10.61B |
Goodwill & Intangibles | 3.37B | 2.97B | 0 | 0 | 169M | 957M | 1.6B | 1.58B | 7.25B | 94M |
Goodwill | 0 | 0 | 0 | 0 | 72M | 327M | 748M | 748M | 0 | 94M |
Intangible Assets | 3.37B | 2.97B | 0 | 0 | 97M | 630M | 857M | 832M | 7.25B | 0 |
PP&E (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Assets | 96.41B | 88.49B | 151.16B | 162.37B | 143.41B | 117.91B | 128.48B | 92.01B | 159.67B | 15.17B |
Total Current Assets | 4.62B | 1.54B | 44.71B | 48.96B | 49B | 40.83B | 38.69B | 36.98B | 11.94B | 11.58B |
Total Non-Current Assets | 154.56B | 106.85B | 124.28B | 131.56B | 122.26B | 105.77B | 118.4B | 126.91B | 166.92B | 161.85B |
Total Assets | 222.53B▲ 0% | 154.39B▼ 30.6% | 168.99B▲ 9.5% | 180.52B▲ 6.8% | 171.26B▼ 5.1% | 146.61B▼ 14.4% | 157.09B▲ 7.1% | 163.89B▲ 4.3% | 178.86B▲ 9.1% | 173.43B▲ 0% |
Asset Growth % | 3.7% | -30.62% | 9.46% | 6.82% | -5.13% | -14.4% | 7.15% | 4.33% | 9.13% | 28.13% |
Return on Assets (ROA) | -1.37% | 0.4% | -0.22% | -0.12% | 1.2% | 0.32% | 0.41% | 0.42% | 0.38% | 0.39% |
Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Debt | 4.51B | 3.68B | 3.52B | 3.83B | 3.48B | 3.47B | 3.43B | 3.6B | 2.1B | 2.5B |
Net Debt | 3.07B | 2.11B | 2.27B | 2.1B | 1.9B | 2.46B | 2.31B | 2.09B | 876M | 1.53B |
Long-Term Debt | 4.17B | 3.68B | 3.52B | 3.83B | 3.48B | 3.33B | 3.43B | 3.2B | 1.52B | 1.91B |
Short-Term Debt | 337M | 1M | 1M | 1M | 1M | 141M | 1M | 399M | 586M | 587M |
Other Liabilities | 206.55B | 141.76B | 155.31B | 165.51B | 157.97B | 138.14B | 147.6B | 154.28B | 169.72B | 164.81B |
Total Current Liabilities | 755M | 41M | 1M | 1M | 1M | 141M | 1M | 399M | 586M | 281M |
Total Non-Current Liabilities | 210.72B | 145.44B | 158.83B | 169.34B | 161.44B | 141.47B | 151.03B | 157.48B | 171.23B | 166.73B |
Total Liabilities | 211.49B | 145.45B | 158.83B | 169.34B | 161.44B | 141.61B | 151.03B | 157.88B | 171.82B | 166.73B |
Total Equity | 11.04B▲ 0% | 9.01B▼ 18.4% | 10.16B▲ 12.8% | 11.18B▲ 10.0% | 9.82B▼ 12.1% | 5B▼ 49.1% | 6.05B▲ 21.1% | 6.01B▼ 0.8% | 7.04B▲ 17.2% | 6.71B▲ 0% |
Equity Growth % | -20.97% | -18.43% | 12.84% | 10.01% | -12.14% | -49.12% | 21.13% | -0.76% | 17.18% | 41.87% |
Equity / Assets (Capital Ratio) | 4.96% | 5.83% | 6.01% | 6.19% | 5.73% | 3.41% | 3.85% | 3.67% | 3.94% | 3.87% |
Return on Equity (ROE) | -23.93% | 7.6% | -3.76% | -1.93% | 20.13% | 6.88% | 11.31% | 11.06% | 10.03% | 10.12% |
Book Value per Share | 59.96 | 53.54 | 72.06 | 87.74 | 78.07 | 45.34 | 55.63 | 59.24 | 72.57 | 69.13 |
Tangible BV per Share | 41.63 | 35.86 | 72.06 | 87.74 | 76.72 | 36.66 | 40.88 | 43.66 | -2.13 | 68.16 |
Common Stock | 3M | 3M | 2M | 2M | 1M | 1M | 1M | 1M | 1M | 1M |
Additional Paid-in Capital | 23.82B | 24.32B | 11.18B | 11.18B | 7.54B | 6.64B | 6.14B | 6.27B | 6.36B | 6.39B |
Retained Earnings | -12.72B | -11.73B | -4.72B | -4.96B | -1.31B | -201M | 505M | 954M | 1.39B | 1.51B |
Accumulated OCI | 2.73B | 607M | 3.33B | 4.9B | 2.1B | -3.06B | -2.4B | -2.46B | -1.79B | -2.06B |
Treasury Stock | -3.83B | -4.98B | -460M | -1.02B | -80M | -39M | -56M | -754M | -1.01B | -1.19B |
Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Voya Financial, Inc. (VOYA) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 1.58B | 1.87B | 1.31B | 1.36B | 22M | 1.35B | 1.64B | 911M | 1.29B | 1.43B |
Operating CF Growth % | -57.15% | 18.08% | -29.87% | 3.97% | -98.38% | 6045.45% | 21.15% | -44.38% | 41.38% | 743.13% |
Net Income | -2.77B | 907M | -310M | -49M | 3.13B | 510M | 625M | 667M | 654M | 693M |
Depreciation & Amortization | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes | 814M | -81M | -318M | -9M | 410M | 0 | 0 | 37M | 0 | 0 |
Other Non-Cash Items | 3.07B | 1.07B | 1.03B | 88M | -3.29B | 1.14B | 315M | 112M | 124M | 936M |
Working Capital Changes | 355M | -120M | 806M | 1.24B | -317M | -300M | 698M | 95M | 510M | 160M |
Cash from Investing | -2.43B | -282M | -1.25B | -2.46B | -327M | -1.95B | 2.53B | -141M | -1.37B | -1.97B |
Purchase of Investments | -6.49B | -7.57B | -6.54B | -6.95B | -8.11B | -12.21B | -6.41B | -7M | -12.93B | -7.48B |
Sale/Maturity of Investments | 7.23B | 6.92B | 6.64B | 5.65B | 7.17B | 10.34B | 9.36B | 35M | 11.32B | 5.63B |
Net Investment Activity | 740M | -654M | 105M | -1.3B | -937M | -1.88B | 2.95B | 28M | -1.61B | -1.85B |
Acquisitions | -80M | 371M | -997M | -707M | -467M | -2M | -584M | -60M | 224M | -1.19B |
Other Investing | -3.09B | 1M | -363M | -457M | 1.08B | -65M | 166M | -109M | 18M | 1.07B |
Cash from Financing | -349M | -1.76B | -121M | 1.7B | -265M | 28M | -4.06B | -759M | -85M | 615M |
Dividends Paid | -8M | -6M | -72M | -112M | -116M | -119M | -163M | -209M | -219M | -176M |
Share Repurchases | -923M | -1.02B | -1.14B | -516M | -1.11B | -750M | -369M | -640M | -200M | -350M |
Stock Issued | 3M | 3M | 3M | 4M | 4M | 7M | 0 | 6M | 5M | 5M |
Net Stock Activity | -920M | -1.02B | -1.13B | -512M | -1.11B | -743M | -369M | -634M | -195M | -345M |
Debt Issuance (Net) | 1000K | -1000K | 1000K | -1000K | -1000K | 1000K | -1000K | 1000K | -1000K | -1000K |
Other Financing | 539M | -783M | 701M | 2.6B | 1.19B | 560M | -3.17B | -44M | 832M | 1.01B |
Net Change in Cash | -1.2B▲ 0% | -178M▲ 85.1% | -66M▲ 62.9% | 603M▲ 1013.6% | -570M▼ 194.5% | -566M▲ 0.7% | 111M▲ 119.6% | 11M▼ 90.1% | -166M▼ 1609.1% | 80M▲ 0% |
Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash at Beginning | 2.91B | 1.72B | 1.54B | 1.54B | 2.14B | 1.57B | 1.01B | 206M | 1.51B | 1.35B |
Cash at End | 1.72B | 1.54B | 1.47B | 2.14B | 1.57B | 1.01B | 1.12B | 217M | 1.35B | 1.09B |
Interest Paid | 174M | 180M | 159M | 154M | 157M | 131M | 113M | 103M | 0 | 0 |
Income Taxes Paid | 0 | 1M | 0 | 0 | 3M | 14M | 4M | 5M | 0 | 0 |
Free Cash Flow | 1.58B▲ 0% | 1.87B▲ 18.1% | 1.31B▼ 29.9% | 1.36B▲ 4.0% | 22M▼ 98.4% | 1.35B▲ 6045.5% | 1.64B▲ 21.2% | 911M▼ 44.4% | 1.29B▲ 41.4% | 1.43B▲ 0% |
FCF Growth % | -57.15% | 18.08% | -29.87% | 3.97% | -98.38% | 6045.45% | 21.15% | -44.38% | 41.38% | 53.05% |
Voya Financial, Inc. (VOYA) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | -23.93% | 7.6% | -3.76% | -1.93% | 20.13% | 6.88% | 11.31% | 11.06% | 10.03% | 10.12% |
Return on Assets (ROA) | -1.37% | 0.4% | -0.22% | -0.12% | 1.2% | 0.32% | 0.41% | 0.42% | 0.38% | 0.39% |
Net Interest Margin | -0.12% | -0.17% | -0.13% | -0.1% | -0.13% | -0.12% | -0.19% | -0.18% | -0.07% | -0.12% |
Efficiency Ratio | 34.31% | 35.19% | 34.13% | 34.7% | 108.37% | 42.87% | 40.99% | 38.25% | 48.36% | 42.63% |
Equity / Assets | 4.96% | 5.83% | 6.01% | 6.19% | 5.73% | 3.41% | 3.85% | 3.67% | 3.94% | 3.87% |
Book Value / Share | 59.96 | 53.54 | 72.06 | 87.74 | 78.07 | 45.34 | 55.63 | 59.24 | 72.57 | 69.13 |
NII Growth | 32.31% | 0% | 19.7% | 12.26% | -20.43% | 18.3% | -62.84% | -0.34% | 60.87% | 32.36% |
Dividend Payout | - | 0.79% | - | - | 3.78% | 16.27% | 20.32% | 25.19% | 27.22% | 19.48% |
Voya Financial, Inc. (VOYA) SEC filings — annual & quarterly reports (10-K, 10-Q)
May 5, 2026·SEC
Apr 21, 2026·SEC
Apr 8, 2026·SEC
Voya Financial, Inc. (VOYA) stock FAQ — growth, dividends, profitability & financials explained
Voya Financial, Inc. (VOYA) saw revenue decline by 6.9% over the past year.
Yes, Voya Financial, Inc. (VOYA) is profitable, generating $693.0M in net income for fiscal year 2025 (8.7% net margin).
Yes, Voya Financial, Inc. (VOYA) pays a dividend with a yield of 2.03%. This makes it attractive for income-focused investors.
Voya Financial, Inc. (VOYA) has a return on equity (ROE) of 10.0%. This is reasonable for most industries.
Voya Financial, Inc. (VOYA) has a net interest margin (NIM) of -0.1%. NIM has been under pressure due to interest rate environment.
Voya Financial, Inc. (VOYA) has an efficiency ratio of 48.4%. This is excellent, indicating strong cost control.