Voya Financial, Inc. VOYA

Financials SIC 6311 - Life Insurance NAICS Finance and Insurance › Insurance Carriers and Related Activities › Insurance Carriers › Direct Life, Health, and Medical Insurance Carriers › Direct Life Insurance Carriers derived NYSE

For the purposes of this discussion, the terms "Voya," "the Company," "we," "our," and "us" refer to Voya Financial, Inc. and its subsidiaries.

We are a leading provider of workplace benefits and savings solutions and technologies to U.S. employers, enabling better financial outcomes for their employees and for those who depend on their employees through our retirement solutions, retail wealth services, and a comprehensive portfolio of benefits products. We are also a leading international asset manager, built on a foundation of institutional-quality fixed income and private asset strategies, with a well-established presence in U.S. markets and a large and growing business managing retail and institutional equity, fixed income and blended strategies for clients in Europe and Asia.

Last close 95.81 2026-10-23
Market cap $8.68B 2026-06-30 share count
52-week range 64.50 - 105.64

Valuation FY2025 figures against the last close

P/S3.8x
P/E15.2x
P/FCF6.7x
EV/EBITDA9.1x
Dividend yield2.1%
Diluted EPS6.29

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $2.25B$2.15B$1.94B$1.69B$1.98B$1.75B$1.42B$1.98B$1.89B$2.47B
Total operating expenses $3.45B$3.08B$3.10B$2.54B$2.59B$2.65B$2.75B$2.60B$2.56B$2.65B
Operating income $1.04B$870.0M$916.0M——————$114.5M
Interest expense ——————$176.0M$221.0M$184.0M$288.0M
Pre-tax income $837.0M$799.0M$678.0M$428.0M$3.08B$352.0M$574.0M$521.0M$385.0M$10.0M
Income tax $104.0M$57.0M$51.0M$5.0M$34.0M$18.0M$217.0M$39.0M$687.0M$29.0M
Net income $733.0M$742.0M$729.0M$433.0M$3.13B-$206.0M-$360.0M$762.0M-$2.99B-$327.0M
EPS, basic 6.406.315.744.7020.02-1.90-2.754.67-16.25-1.63
EPS, diluted 6.296.175.424.3018.56-1.84-2.644.53-16.25-1.61
Shares, diluted (wtd. avg.) 97.4M101.4M108.8M110.2M125.8M131.9M147.0M168.2M184.1M202.7M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $1.35B$1.51B$1.12B$1.01B$1.57B$1.72B$1.18B$1.24B$854.0M$2.10B
Goodwill $804.0M$748.0M$748.0M$327.0M$72.0M$48.0M$48.0M$48.0M$31.0M—
Other intangibles $874.0M$832.0M$857.0M$631.0M$97.0M$76.0M$87.0M$121.0M$155.0M$188.0M
Total assets $178.86B$163.89B$157.09B$146.61B$171.26B$180.52B$165.87B$155.38B$222.53B$214.59B
Short-term debt $586.0M$399.0M$1.0M$141.0M$1.0M$1.0M$1.0M$1.0M$337.0M$0
Long-term debt $1.52B$2.10B$2.10B$2.09B$2.60B$3.04B$3.04B$3.14B$3.12B$3.55B
Total liabilities $171.82B$157.88B$151.03B$141.61B$161.44B$169.34B$155.13B$146.44B$211.49B$200.62B
Total equity $4.95B$4.00B$5.88B$4.83B$9.67B$11.18B$10.16B$8.15B$11.27B$12.99B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $1.29B$1.34B$1.64B$1.35B$22.0M$1.36B$1.31B$1.87B$1.58B$3.69B
Depreciation and amortisation ————————$19.0M$25.0M
Stock-based compensation $72.0M$96.0M$126.0M$90.0M$88.0M$88.0M$98.0M$96.0M$117.0M$99.0M
Capital expenditure —————————$66.7M
Investing cash flow -$1.37B$481.0M$2.53B-$1.95B-$327.0M-$2.46B-$1.25B-$282.0M-$2.43B-$3.68B
Financing cash flow -$85.0M-$1.43B-$4.06B$28.0M-$265.0M$1.70B-$121.0M-$1.76B-$349.0M$389.0M
Dividends paid $178.0M$171.0M$127.0M$83.0M$36.0M$36.0M$44.0M$6.0M$8.0M$8.0M
Buybacks $200.0M$640.0M$369.0M$100.0M$275.0M$250.0M$1.14B$250.0M$923.0M$150.0M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001535929-26-000061.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -4B -2B 0 2B 4B Revenue, FY2016: 2.5B Net income, FY2016: -327M Revenue, FY2017: 1.9B Net income, FY2017: -3B Revenue, FY2018: 2B Net income, FY2018: 762M Revenue, FY2019: 1.4B Net income, FY2019: -360M Revenue, FY2020: 1.8B Net income, FY2020: -206M Revenue, FY2021: 2B Net income, FY2021: 3.1B Revenue, FY2022: 1.7B Net income, FY2022: 433M Revenue, FY2023: 1.9B Net income, FY2023: 729M Revenue, FY2024: 2.1B Net income, FY2024: 742M Revenue, FY2025: 2.3B Net income, FY2025: 733M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $2.47B $1.89B $1.98B $1.42B $1.75B $1.98B $1.69B $1.94B $2.15B $2.25B
Gross profit — — — — — — — — — —
Net income -$327.0M -$2.99B $762.0M -$360.0M -$206.0M $3.13B $433.0M $729.0M $742.0M $733.0M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Regulation FD disclosure Item 7.01
  • Regulation FD disclosure Item 7.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Regulation FD disclosure Item 7.01
  • Regulation FD disclosure Item 7.01
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 6311

TickerCompanyMarket capP/ERevenue growth
MET METLIFE INC $62.80B 21.0x 8.5%
PRU PRUDENTIAL FINANCIAL INC $39.67B 11.5x -13.7%
RGA REINSURANCE GROUP OF AMERICA INC $17.24B 14.9x 7.2%
CRBG Corebridge Financial, Inc. $15.21B — -1.2%
GL GLOBE LIFE INC. $11.90B 11.0x 3.7%
JXN Jackson Financial Inc. $8.82B — 104.3%
PRI Primerica, Inc. $8.45B 12.0x 6.6%
LNC LINCOLN NATIONAL CORP $7.63B 6.8x -1.2%