CoverageForm 410-K10-Q8-K13D13G13F

VOYA · Voya Financial, Inc. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · VOYA

Income Statement

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue$8.19B$8.05B$7.35B$5.92B$4.23B$7.65B
Cost of Revenue------
Gross Profit------
R&D------
SG&A------
Total Operating Expenses$3.45B$3.08B$3.10B$2.54B$2.59B$2.65B
D&A------
Operating Income$870.00M$799.00M$678.00M$428.00M$352.00M$352.00M
Interest Expense------
Income Tax$104.00M$57.00M($51.00M)($5.00M)($98.00M)($18.00M)
Net Income$654.00M$667.00M$625.00M$510.00M$2.13B($206.00M)
EPS - Basic$6.40$6.31$5.74$4.71$17.92($1.90)
EPS - Diluted$6.29$6.17$5.42$4.30$16.61($1.84)

Balance Sheet

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash & Equivalents$1.35B$1.51B$1.12B$1.01B$1.40B$1.50B
Accounts Receivable------
Inventory------
Accounts Payable------
Current Assets------
Total Assets$178.86B$163.89B$157.09B$147.65B$171.26B$180.52B
Current Liabilities------
Long-term Debt$1.52B$2.10B$2.10B$2.09B$2.60B$3.04B
Total Liabilities$171.82B$157.88B$151.03B$141.53B$161.44B$169.34B
Stockholders' Equity$4.95B$4.00B$4.19B$4.47B$8.25B$10.11B
Retained Earnings------

Cash Flow

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Operating Cash Flow$1.29B$1.34B$1.64B$1.35B$72.00M$1.21B
Investing Cash Flow($1.37B)$481.00M$2.53B($1.95B)($327.00M)($2.46B)
Financing Cash Flow($85.00M)($1.43B)($4.06B)$28.00M($265.00M)$1.70B
CapEx------
Free Cash Flow------

Ratios

MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Profitability
Gross margin------
Operating margin10.6%9.9%9.2%7.2%8.3%4.6%
EBITDA margin------
Net margin8.0%8.3%8.5%8.6%50.3%-2.7%
Free cash flow margin------
FCF / Net income------
R&D / Revenue------
SG&A / Revenue------
Effective tax rate13.7%7.9%-8.9%-1.0%-4.8%-
Return on assets0.4%0.4%0.4%0.3%1.2%-0.1%
Return on equity13.2%16.7%14.9%11.4%25.8%-2.0%
Return on invested capital11.6%12.1%10.8%6.5%3.2%2.1%
Liquidity
Current ratio------
Quick ratio------
Cash ratio------
Leverage
Debt / Equity0.310.530.500.470.310.30
Debt / Assets0.010.010.010.010.020.02
Debt / EBITDA------
Interest coverage------
Equity multiplier36.1140.9237.4633.0420.7517.86
Liabilities / Assets0.960.960.960.960.940.94
Efficiency
Asset turnover0.050.050.050.040.020.04
Inventory turnover------
Days sales outstanding------
Days inventory outstanding------
Days payable outstanding------
Cash conversion cycle------
Valuation
P / E11.8x11.2x13.5x14.3x4.0x-
P / B1.5x1.7x1.9x1.5x1.0x0.8x
P / S0.9x0.9x1.1x1.1x2.0x1.0x
EV / EBITDA------
Growth
Revenue growth (YoY)1.7%9.6%24.1%40.0%-44.7%2.3%
Revenue CAGR (3y)11.4%23.9%-1.3%-7.5%-20.8%-3.9%
Revenue CAGR (5y)1.4%1.5%-2.9%-7.2%-17.1%-7.6%
Gross profit growth (YoY)------
Operating income growth (YoY)8.9%17.8%58.4%21.6%0.0%-37.1%
Net income growth (YoY)-1.9%6.7%22.5%-76.0%-41.3%
EPS growth (YoY)1.9%13.8%26.0%-74.1%-28.7%
EPS CAGR (3y)13.5%-28.1%--47.3%-
EPS CAGR (5y)--0.8%---
FCF growth (YoY)------
FCF CAGR (5y)------
Book value growth (YoY)23.7%-4.5%-6.2%-45.8%-18.4%7.5%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$1.79B total
Investment Management Segment$1.01B · 56.3%
Wealth Solutions Segment$740.00M · 41.3%
Health Solutions Segment$44.00M · 2.5%

Product / service

$329.00M total
Software Subscription And Service$198.00M · 60.2%
Distribution Fees Member$131.00M · 39.8%

Stability scores

Piotroski F-score

FY 2025 · 9-point quality

5/9
Neutral
  • Net income positive
  • Operating cash flow positive
  • ROA improved YoY
  • Cash flow > net income
  • Long-term debt decreased
  • -Current ratio improved
  • No share dilution
  • -Gross margin improved
  • Asset turnover improved

Peer comparison

Same SIC group: Life Insurance

CompanyRevenue (last FY)Net marginROE
JXN$6.68B0.4%0.3%
MET$77.08B4.4%11.9%
PRU$60.77B5.9%11.0%
LNC$18.21B6.5%10.8%
PRI$3.29B22.7%30.6%

Comparing Voya Financial against the 5 most active filers in the same SIC group.

Dividends

$1.86/share trailing 12 months · +3.3% YoY

Ex-datePer share
May 26, 2026$0.4700
Feb 25, 2026$0.4700
Nov 26, 2025$0.4700
Aug 26, 2025$0.4500
May 27, 2025$0.4500
Feb 25, 2025$0.4500
Nov 26, 2024$0.4500
Aug 27, 2024$0.4500
May 24, 2024$0.4000
Feb 23, 2024$0.4000
Nov 24, 2023$0.4000
Aug 25, 2023$0.4000
May 25, 2023$0.2000
Feb 23, 2023$0.2000
Nov 25, 2022$0.2000
Aug 25, 2022$0.2000
May 24, 2022$0.2000
Feb 24, 2022$0.2000
Nov 26, 2021$0.2000
Aug 25, 2021$0.1650
May 25, 2021$0.1650
Feb 25, 2021$0.1650
Nov 27, 2020$0.1500
Aug 28, 2020$0.1500