Saturday 10 October 2026 Export all VOYA data to Excel Powerpack

Voya Financial, Inc.

Voya Financial, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $8.2 billion, up 1.73% from fiscal 2024. In the quarter to June 2026, revenue fell 4.29%, EPS fell 41.4%, free cash flow fell 32.2% and total debt rose 5.57%, each against the same quarter a year earlier. Dividend growth for three consecutive years, revenue growth for three.

94.67 1.97 −2.04%

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Market cap: $8.8B
P/E: 15.7×
Fwd P/E: 10.0×
Dividend yield: 1.99%
F-score: 6/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 6.45

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	1	1	—	2	1	—	—	1	—	1	—	—

Insider Ownership 0.56%

Capital & Financial Ratios $m

Market Cap 8,760.00

Revenue 8,166.00

Net Income 733.00

Free Cash Flow 1,192.00

Net Debt 2,327.00

Current Ratio 0.24

Debt/Equity 0.53

P/E ratio 15.73

Fwd P/E 10.00

P/S ratio 1.05

P/B ratio 1.34

Past 5Y EPS Growth —

This Y EPS Growth 2.14%

Next Y EPS Growth 26.20%

Next Y revenue growth (5.52%)

Next 5Y EPS Growth 13.10%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 81.03%

10-year low 10-year high

P/S against its own 10 years 60.49%

10-year low 10-year high

P/B against its own 10 years 90.62%

10-year low 10-year high

Dividends

Payout Ratio 0.32

Annual Dividend Rate 1.88

Annual Dividend Yield 1.99%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	1.92	0.47 0.47 0.47
2025	1.82	0.45 0.45 0.45 0.47
2024	2.10	0.40 0.40 0.40 0.45 0.45
2023	1.24	0.04 0.20 0.20 0.40 0.40
2022	0.84	0.20 0.20 0.04 0.20 0.20
2021	0.74	0.17 0.17 0.17 0.20 0.04
2020	0.60	0.15 0.15 0.15 0.15
2019	0.32	0.01 0.01 0.15 0.15
2018	0.04	0.01 0.01 0.01 0.01
2017	0.04	0.01 0.01 0.01 0.01
2016	0.04	0.01 0.01 0.01 0.01

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	1,118	1,514	1,348	1,085
Receivables	11,982	11,284	10,713	10,426
Inventory	—	—	—	—
Other	—	—	—	—
	13,100	12,798	12,061	11,511

	2023	2024	2025	Q'26
Payables	9,560	9,332	8,982	8,845
ST’ Debt	1	399	586	153
Other	39,174	37,104	40,374	39,679
	48,735	46,835	49,942	48,677

Compound Annual Growth %

	10y	5y	3y
Sales	(0.62%)	1.37%	11.36%
Cash Flow	(8.83%)	(1.11%)	(1.60%)
Earnings	4.15%	0.00%	8.95%
Book Value	(8.33%)	(9.42%)	12.16%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	2,031	1,896	—	—	—
’25	1,969	1,981	2,128	2,111	8,189
’24	2,051	2,033	1,956	2,010	8,050
’23	1,835	1,871	1,823	1,819	7,348
’22	1,506	1,524	1,345	1,555	5,930
’21	(1,957)	2,503	2,009	1,619	4,174
’20	1,685	1,669	2,071	2,224	7,649

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(36)	503	—	—	—
’25	(179)	742	168	557	1,288
’24	231	316	719	79	1,345
’23	156	715	403	364	1,638
’22	362	353	418	219	1,352
’21	(936)	611	177	170	22
’20	(76)	508	356	574	1,362

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(36)	503	—	—	—
’25	(179)	742	168	557	1,288
’24	231	316	719	79	1,345
’23	156	715	403	364	1,638
’22	362	353	418	219	1,352
’21	(936)	611	177	170	22
’20	(76)	508	356	574	1,362

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	1.75	0.97	—	—	—
’25	1.42	1.66	1.80	1.41	6.29
’24	2.24	1.96	0.98	0.94	6.17
’23	0.63	1.41	2.29	1.10	5.42
’22	0.24	0.57	1.82	1.77	4.30
’21	8.29	3.53	1.15	3.36	16.61
’20	(0.71)	(0.55)	(2.64)	2.57	(1.20)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	22.75	33.53	36.66	39.17	29.75	54.46	56.20	61.38	63.11	52.43	Analyst estimates 2026–2028 Powerpack
	High	41.17	52.48	55.27	63.37	63.81	70.98	74.97	78.11	84.30	78.00
People
People	Employees	6,700	6,300	6,000	6,000	6,000	6,000	6,100	9,000	10,000	11,000
	Revenue/emp, $m	1.31	1.15	1.19	1.25	1.27	0.70	0.97	0.82	0.81	0.74
Income, $m
Income, $m	Revenue	8,788	7,229	7,161	7,478	7,649	4,174	5,930	7,348	8,050	8,189
	Gross margin, %	39.53	49.40	50.61	49.85	46.39	152.42	57.37	58.68	55.04	58.96
	EBT	10	385	521	574	352	3,085	428	678	799	837
	EBT margin, %	0.11	5.33	7.28	7.68	4.60	73.91	7.22	9.23	9.93	10.22
	Net income	(298)	(2,775)	907	(310)	(49)	3,131	433	729	742	733
	Depreciation	420	358	232	189	—	—	—	—	—	—
Per share, $
Per share, $	Revenue	43.76	39.27	43.88	53.04	60.04	35.77	58.89	71.55	81.15	85.48
	Earnings	(2.13)	(16.25)	5.36	(2.69)	(1.24)	17.86	4.69	5.74	6.31	6.40
	Cash flow	18.39	8.59	11.45	9.29	10.69	0.19	13.43	15.95	13.56	13.44
	Capex	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	Free cash flow	18.39	8.59	11.45	9.29	10.69	0.19	13.43	15.95	13.56	13.44
	Book value	69.56	59.96	55.18	72.06	87.74	84.16	47.97	57.23	58.35	71.16
	Shares, m	201	184	163	141	127	117	101	103	99	96
Valuation, ×
Valuation, ×	P/E	0.00	0.00	7.62	0.00	0.00	3.78	12.92	12.92	11.00	11.66
	P/S	0.91	1.27	0.91	1.15	0.98	1.85	1.05	1.03	0.85	0.87
	P/B	0.57	0.83	0.73	0.85	0.67	0.79	1.28	1.28	1.18	1.05
	EV/Sales	1.17	1.81	1.32	1.57	1.20	2.38	1.47	1.31	1.13	1.12
	EV/FCF	2.83	8.59	5.26	9.44	7.06	(239.62)	6.78	6.12	7.12	7.48
Cash, $m
Cash, $m	Operating cash flow	3,692	1,582	1,868	1,310	1,362	22	1,352	1,638	1,345	1,288
	Capex	—	—	—	—	—	—	—	—	—	—
	Free cash flow	3,692	1,582	1,868	1,310	1,362	22	1,352	1,638	1,345	1,288
Balance, $m
Balance, $m	Working capital	(56,006)	(57,625)	(45,911)	(46,364)	(47,707)	(37,551)	(38,882)	(35,635)	(34,037)	(37,881)
	Total debt	4,519	5,326	4,503	4,416	3,398	3,779	3,537	3,219	3,811	3,377
	Net debt	2,290	3,891	2,935	3,167	1,675	2,206	2,530	2,101	2,297	2,029
	Shareholders’ equity	13,968	11,039	9,005	10,161	11,178	9,821	4,831	5,878	5,788	6,817
Returns, %
Returns, %	ROA	(0.15)	(1.37)	0.40	(0.24)	(0.14)	1.33	0.30	0.39	0.39	0.36
	ROIC	0.04	1.61	2.73	2.69	1.71	16.03	3.63	5.31	6.18	5.91
	ROE	(2.16)	(23.93)	7.60	(4.05)	(2.27)	22.23	6.47	11.00	10.73	9.73

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
IX Orix Corp Ads	$40.2B	10.6×	—	+19.77% (above 0%: growing)	+201.50% (above 0%: growing)	−154.50% (below 0%: shrinking)	44.45%	20.40%	Compare
FRHC Freedom Holding Corp.	$10.6B	68.9×	12.3×	+39.80% (above 0%: growing)	+1.96% (above 0%: growing)	−197.00% (below 0%: shrinking)	95.19%	29.81%	Compare
VOYA Voya Financial, Inc.	$8.8B	15.7×	10.0×	−4.29% (below 0%: shrinking)	−41.42% (below 0%: shrinking)	−32.21% (below 0%: shrinking)	56.49%	5.38%
HTH Hilltop Holdings Inc.	$2.1B	13.5×	15.7×	−0.21% (below 0%: shrinking)	+10.53% (above 0%: growing)	+27.21% (above 0%: growing)	81.18%	0.00%	Compare
TREE LendingTree, Inc.	$355.9M	1.9×	8.9×	+25.31% (above 0%: growing)	+6.15% (above 0%: growing)	+3.14% (above 0%: growing)	96.40%	6.95%	Compare
RILY BRC Group Holdings, Inc.	$207.4M	0.4×	— (loss-making)	+6.13% (above 0%: growing)	−89.11% (below 0%: shrinking)	+30.61% (above 0%: growing)	74.60%	16.35%	Compare
Median of peers	$2.1B	10.6×	12.3×	+19.77%	+6.15%	+3.14%	81.18%	16.35%

All 6 Financial Conglomerates stocks →

Voya Financial, Inc. (VOYA) key facts

Strength: Voya Financial, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $8.2 billion, up 1.73% from fiscal 2024.
Voya Financial, Inc. (VOYA) is a Financial Conglomerates company in the Financial sector, listed on the New York Stock Exchange.
As of October 9, 2026, VOYA traded at $94.67, a market capitalization of $8.8 billion.
Voya Financial, Inc. pays an annual dividend of $1.88 per share, a yield of 1.99%, with a payout ratio of 31.7%.
Return on equity was 9.73% and debt-to-equity 0.53.
Its Piotroski F-score is 6 out of 9 for fiscal 2025.