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) P/B ratio

Alert me on P/B ratio

As of 4 November 2026, Voya Financial, Inc. (VOYA) trades at a P/B ratio of 1.7×. Over the past ten years it has ranged from 0.3× (July 2016) to 1.7× (November 2026) — the current reading is the highest in ten years. That is in line with the Financial Conglomerates industry median of 1.4× and above the Financial sector median of 1.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.0× (11.27%)
FY2024 1.2× (7.97%)
FY2023 1.3× (0.19%)
FY2022 1.3× 63.02%
FY2021 0.8× 17.54%
FY2020 0.7× (20.79%)
FY2019 0.8× 16.32%
FY2018 0.7× (12.30%)
FY2017 0.8× 45.30%
FY2016 0.6× 11.68%

Quarterly newest first

Period P/B ratio Change
Sep 2026 1.5× 18.06%
Jun 2026 1.3× 30.60%
Mar 2026 1.0× (6.23%)
Dec 2025 1.0× 0.13%
43 more quarters

Against its own ten years

Low 0.3× High 1.7×
Ten-year median 0.8×
Current reading's percentile 97

P/B ratio against peers

Company P/B ratio
RILY BRC Group Holdings, Inc. compare 0.7×
HTH Hilltop Holdings Inc. compare 1.0×
IX Orix Corp Ads compare 1.3×
VOYA Voya Financial, Inc. 1.5×
TMS Live Oak Acquisition Corp. V compare 2.3×
FRHC Freedom Holding Corp. compare 7.4×
Financial Conglomerates industry median 1.4×
Financial sector median 1.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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