Voya Financial, Inc.

VOYA Financial Financial Conglomerates

Voya Financial, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $8.2 billion, up 1.73% from fiscal 2024.

Revenue
−4.84%
EPS
+17.6%
Free cash flow
−32.2%
Total debt
−1.26%

Quarter to September 2026, against a year earlier

104.46 1.35 +1.31%
Market cap
$9.3B
P/E
16.5×
Fwd P/E
12.3×
Dividend yield
1.80%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Voya Financial, Inc. (VOYA) Free cash flow margin

Alert me on Free cash flow margin

Voya Financial, Inc.'s free cash flow margin over the twelve months to 30 September 2026 was 20.7%, up 5.0 percentage points from fiscal 2025 (15.7%). Over the past ten years it has ranged from 0.53% (fiscal 2021) to 42.0% (fiscal 2016); the current reading is higher than 18% of that period. That is above the Financial Conglomerates industry median of 0.00% and above the Financial sector median of 11.4%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 15.7% (0.98)
FY2024 16.7% (5.58)
FY2023 22.3% (0.51)
FY2022 22.8% 22.27
FY2021 0.53% (17.28)
FY2020 17.8% 0.29
FY2019 17.5% (8.57)
FY2018 26.1% 4.21
FY2017 21.9% (20.13)
FY2016 42.0% 4.75

Against its own ten years

Low 0.53% High 42.0%
Ten-year median 21.9%
Current reading's percentile 18

Free cash flow margin against peers

Company Free cash flow margin
VOYA Voya Financial, Inc. 14.6%
HTH Hilltop Holdings Inc. compare 8.06%
TMS Live Oak Acquisition Corp. V compare 0.00%
IX Orix Corp Ads compare 0.00%
RILY BRC Group Holdings, Inc. compare −1.61%
FRHC Freedom Holding Corp. compare −39.5%
Financial Conglomerates industry median 0.00%
Financial sector median 11.4%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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