
Voya Financial (VOYA) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Jun 2025Income Metrics
Revenue
1.9B
Net Income
161.0M
8.36%
EPS (Diluted)
$1.66
Balance Sheet Metrics
Total Assets
164.0B
Total Liabilities
157.6B
Shareholders Equity
6.4B
Debt to Equity
24.77
Cash Flow Metrics
Free Cash Flow
-179.0M
Revenue & Profitability Trend
Voya Financial Income Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Revenue | 7.9B | 7.2B | 5.8B | 3.6B | 7.4B |
Cost of Goods Sold | - | - | - | - | - |
Gross Profit | - | - | - | - | - |
Gross Margin % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Operating Expenses | |||||
Research & Development | - | - | - | - | - |
Selling, General & Administrative | - | - | - | - | - |
Other Operating Expenses | 3.1B | 3.1B | 2.6B | 2.6B | 2.7B |
Total Operating Expenses | 3.1B | 3.1B | 2.6B | 2.6B | 2.7B |
Operating Income | - | - | - | - | - |
Operating Margin % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Non-Operating Items | |||||
Interest Income | - | - | - | - | - |
Interest Expense | 299.0M | 298.0M | 183.0M | 224.0M | 186.0M |
Other Non-Operating Income | 423.0M | 327.0M | 148.0M | 579.0M | 409.0M |
Pre-tax Income | 799.0M | 678.0M | 428.0M | 3.1B | 352.0M |
Income Tax | 57.0M | -51.0M | -5.0M | -34.0M | -18.0M |
Effective Tax Rate % | 7.1% | -7.5% | -1.2% | -1.1% | -5.1% |
Net Income | 742.0M | 729.0M | 433.0M | 3.1B | -49.0M |
Net Margin % | 9.4% | 10.1% | 7.5% | 86.3% | -0.7% |
Key Metrics | |||||
EBITDA | - | - | - | - | - |
EPS (Basic) | $6.31 | $5.74 | $4.71 | $17.92 | $-1.24 |
EPS (Diluted) | $6.17 | $5.42 | $4.30 | $16.61 | $-1.24 |
Basic Shares Outstanding | 99207607 | 103000000 | 101000000 | 117000000 | 127400000 |
Diluted Shares Outstanding | 99207607 | 103000000 | 101000000 | 117000000 | 127400000 |
Income Statement Trend
Voya Financial Balance Sheet From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Assets | |||||
Current Assets | |||||
Cash & Equivalents | 1.5B | 1.1B | 1.0B | 1.6B | 1.7B |
Short-term Investments | 24.2B | 25.6B | 27.4B | 33.8B | 43.7B |
Accounts Receivable | 11.3B | 12.0B | 12.4B | 13.6B | 3.6B |
Inventory | - | - | - | - | - |
Other Current Assets | - | - | - | - | - |
Total Current Assets | - | - | - | - | - |
Non-Current Assets | |||||
Property, Plant & Equipment | - | - | - | - | - |
Goodwill | 2.3B | 2.4B | 1.3B | 241.0M | - |
Intangible Assets | 832.0M | 857.0M | 630.0M | 97.0M | - |
Long-term Investments | - | - | - | - | - |
Other Non-Current Assets | - | - | - | - | - |
Total Non-Current Assets | - | - | - | - | - |
Total Assets | 163.9B | - | - | - | - |
Liabilities | |||||
Current Liabilities | |||||
Accounts Payable | - | - | - | - | - |
Short-term Debt | 399.0M | 1.0M | 141.0M | 1.0M | 1.0M |
Current Portion of Long-term Debt | - | - | - | - | - |
Other Current Liabilities | - | - | - | - | - |
Total Current Liabilities | - | - | - | - | - |
Non-Current Liabilities | |||||
Long-term Debt | 3.2B | 3.4B | 3.3B | 3.5B | 3.8B |
Deferred Tax Liabilities | - | - | - | - | - |
Other Non-Current Liabilities | - | - | - | - | - |
Total Non-Current Liabilities | - | - | - | - | - |
Total Liabilities | 157.9B | - | - | - | - |
Equity | |||||
Common Stock | 1.0M | 1.0M | 1.0M | 1.0M | 2.0M |
Retained Earnings | 954.0M | 505.0M | -201.0M | -1.3B | -5.0B |
Treasury Stock | 754.0M | 56.0M | 39.0M | 80.0M | 1.0B |
Other Equity | - | - | - | - | - |
Total Shareholders Equity | 6.0B | 6.1B | 5.0B | 9.8B | 11.2B |
Key Metrics | |||||
Total Debt | 3.6B | 3.4B | 3.5B | 3.5B | 3.8B |
Working Capital | 0 | 0 | 0 | 0 | 0 |
Balance Sheet Composition
Voya Financial Cash Flow Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Operating Activities | |||||
Net Income | 667.0M | 729.0M | 433.0M | 3.1B | -49.0M |
Depreciation & Amortization | - | - | - | - | - |
Stock-Based Compensation | - | 126.0M | 90.0M | 88.0M | 88.0M |
Working Capital Changes | 107.0M | 471.0M | -288.0M | -2.2B | -232.0M |
Operating Cash Flow | 789.0M | 1.5B | 381.0M | 1.1B | 217.0M |
Investing Activities | |||||
Capital Expenditures | - | - | - | - | - |
Acquisitions | -60.0M | -684.0M | -1.6B | -467.0M | -707.0M |
Investment Purchases | -7.0M | -4.5B | -8.9B | -8.1B | -6.9B |
Investment Sales | 35.0M | 7.3B | 8.2B | 7.2B | 5.7B |
Investing Cash Flow | -42.0M | 2.3B | -2.1B | -811.0M | -2.0B |
Financing Activities | |||||
Share Repurchases | -640.0M | -369.0M | -750.0M | -1.1B | -516.0M |
Dividends Paid | -209.0M | -163.0M | -119.0M | -116.0M | -112.0M |
Debt Issuance | 397.0M | 875.0M | 1.6B | 1.5B | 697.0M |
Debt Repayment | 0 | -1.2B | -1.3B | -1.7B | -969.0M |
Financing Cash Flow | -759.0M | -4.1B | 28.0M | -265.0M | 1.2B |
Free Cash Flow | 911.0M | 1.6B | 1.4B | 22.0M | 1.4B |
Net Change in Cash | -12.0M | -246.0M | -1.7B | 0 | -608.0M |
Cash Flow Trend
Voya Financial Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
14.62
Forward P/E
7.50
Price to Book
1.54
Price to Sales
0.90
PEG Ratio
-0.94
Profitability Ratios
Profit Margin
6.73%
Operating Margin
12.67%
Return on Equity
8.55%
Return on Assets
0.33%
Financial Health
Current Ratio
4.96
Debt to Equity
73.80
Beta
0.98
Per Share Data
EPS (TTM)
$5.06
Book Value per Share
$48.05
Revenue per Share
$81.90
Peer Financial Comparison
Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
---|---|---|---|---|---|---|
voya | 7.1B | 14.62 | 1.54 | 8.55% | 6.73% | 73.80 |
Freedom Holding | 10.4B | 127.24 | 8.43 | 6.77% | 5.06% | 144.99 |
Hilltop Holdings | 2.0B | 14.41 | 0.92 | 6.98% | 11.63% | 1.10 |
LendingTree | 865.2M | -20.23 | 7.32 | -40.91% | -5.33% | 477.06 |
B. Riley Financial | 208.0M | 17.67 | -0.49 | -30.03% | -119.58% | -4.39 |
Berkshire Hathaway | 1.0T | 16.63 | 1.57 | 9.91% | 17.00% | 18.95 |
Financial data is updated regularly. All figures are in the company's reporting currency.