Hilltop Holdings Inc. (HTH) vs Voya Financial, Inc. (VOYA)

Hilltop Holdings Inc. and Voya Financial, Inc. are both Financial Conglomerates companies. Voya Financial, Inc. is the larger, with a market value of $8.7B against $2.2B — 4.0× the size. Hilltop Holdings Inc. trades at the lower P/E: 14.3× against 16.2×. Voya Financial, Inc. grew revenue faster over the last twelve months: 3.16% against −1.28%. Hilltop Holdings Inc. has the higher net margin (10.2% vs 6.94%) and the higher return on invested capital (21.7% vs 5.29%). Both pay a dividend; Voya Financial, Inc. yields more (2.32% vs 2.22%). Across the 21 metrics below, Hilltop Holdings Inc. leads on 12 and Voya Financial, Inc. on 9.

Valuation

Metric HTH VOYA Financial Conglomerates median
P/E 14.28 16.16 12.75
P/S 1.40 1.08 1.24
P/B 1.03 1.38 1.23
Price to free cash flow n/m 7.83 —
EV/EBITDA n/m 11.32 5.65
EV/Sales 0.72 1.37 1.04
Earnings yield 7.00% 6.19% 7.96%
Free cash flow yield (4.90%) 12.78% (2.60%)

Profitability

Metric HTH VOYA Financial Conglomerates median
Gross margin 80.23% 58.74% 78.71%
Operating margin 0.00% 12.07% 16.22%
Net margin 10.17% 6.94% 12.25%
Free cash flow margin (6.87%) 14.60% (0.81%)
Return on equity 7.38% 8.89% 9.79%
Return on assets 1.03% 0.32% 2.35%
Return on invested capital 21.67% 5.29% 8.06%

Growth

Metric HTH VOYA Financial Conglomerates median
Revenue growth (TTM) (1.28%) 3.16% 10.84%
EPS growth (last fiscal year) 51.72% 1.94% —
Revenue growth, 5-year CAGR (6.19%) 1.37% 2.19%
Net income growth, 5-year CAGR (18.04%) 0.00% 0.25%

Health

Metric HTH VOYA Financial Conglomerates median
Debt to equity 0.00 0.53 1.10
Current ratio 1.07 0.24 1.51
Net debt to EBITDA 0.00 1.87 1.51

Dividend

Metric HTH VOYA Financial Conglomerates median
Dividend yield 2.22% 2.32% —
Payout ratio 0.40 0.15 0.26

Size

Metric HTH VOYA Financial Conglomerates median
Market cap 2.20b 8.71b 5.46b

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