Income Statement Voya Financial, Inc.

Stocks

VOYA

US9290891004

Diversified Investment Services

Market Closed - NYSE Other stock markets 04:00:03 2026-07-10 pm EDT			5-day change	1st Jan Change
97.56 ^USD	+1.07%		+3.38%	+30.97%

Jun. 28	Voya Financial, Inc.(NYSE:VOYA) added to Russell 1000 Value-Defensive Index	CI
Jun. 28	Voya Financial, Inc.(NYSE:VOYA) added to Russell 1000 Defensive Index	CI

3a4d339abecc85d17fc53.tCo-McvAzekZFstmeM7C8zPUzcdhpNemBjgbVtzO3nc.2xMPZoevvbFGV7hLL6m0kFCij70L6-DfSgxhCe-brhKEGFJQmqS7jmohrA

Published financial data: VOYA FINANCIAL, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Premiums and Annuity Revenues	-3.35B	2.42B	2.72B	3.18B	2.91B
Total Interest And Dividend Income	3.76B	2.3B	2.32B	2.21B	2.37B
Gain (Loss) on Sale of Investments, Total (Rev)	1.42B	-984M	-85M	-204M	-124M
Other Revenues, Total	2.13B	2.18B	2.39B	2.87B	3.03B
Total Revenues	3.96B	5.92B	7.35B	8.05B	8.19B
Policy Benefits	-2.16B	2.57B	3.04B	3.62B	3.36B
Policy Acquisition / Underwriting Costs, Total	795M	187M	230M	223M	249M
Selling General & Admin Expenses, Total	2.48B	2.44B	2.94B	3.08B	3.45B
Other Operating Expenses	11M	9M	10M	28M	48M
Total Operating Expenses	1.12B	5.21B	6.22B	6.95B	7.1B
Operating Income	2.84B	715M	1.13B	1.1B	1.08B
Interest Expense, Total	-224M	-183M	-298M	-299M	-247M
EBT, Excl. Unusual Items	2.61B	532M	830M	802M	837M
Restructuring Charges	-91M	-	-	-	-
Total Merger & Related Restructuring Charges	-	-67M	-105M	-3M	-
Gain (Loss) on Sale of Assets	274M	-	-	-	-
Asset Writedown	-17M	-37M	-47M	-	-
EBT, Incl. Unusual Items	2.78B	428M	678M	799M	837M
Income Tax Expense	-98M	-5M	-51M	57M	104M
Earnings From Continuing Operations	2.88B	433M	729M	742M	733M
Earnings Of Discontinued Operations	12M	-	-	-	-
Net Income to Company	2.89B	433M	729M	742M	733M
Minority Interest	-761M	77M	-104M	-75M	-79M
Net Income - (IS)	2.13B	510M	625M	667M	654M
Preferred Dividend and Other Adjustments	36M	36M	36M	41M	41M
Net Income to Common Incl Extra Items	2.09B	474M	589M	626M	613M
Net Income to Common Excl. Extra Items	2.08B	474M	589M	626M	613M
Per Share Items
Net EPS - Basic	17.91	4.71	5.74	6.31	6.4
Basic EPS - Continuing Operations	17.81	4.71	5.74	6.31	6.4
Basic Weighted Average Shares Outstanding	117M	101M	103M	99.2M	95.8M
Net EPS - Diluted	16.62	4.3	5.42	6.17	6.29
Diluted EPS - Continuing Operations	16.52	4.3	5.42	6.17	6.29
Diluted Weighted Average Shares Outstanding	126M	110M	109M	101M	97.4M
Normalized Basic EPS	7.46	4.07	4.04	4.3	4.64
Normalized Diluted EPS	6.92	3.72	3.81	4.2	4.56
Dividend Per Share	0.7	0.8	1.2	1.7	1.82
Payout Ratio	5.46	23.33	26.08	31.78	33.49
Supplemental Items
EBITDA	2.88B	751M	1.21B	1.2B	1.19B
EBITA	2.88B	751M	1.21B	1.2B	1.19B
EBIT	2.84B	715M	1.13B	1.1B	1.08B
EBITDAR	2.91B	772M	1.24B	1.22B	1.21B
Total Revenues (As Reported)	4.23B	5.92B	7.35B	8.05B	8.19B
Effective Tax Rate - (Ratio)	-3.53	-1.17	-7.52	7.13	12.43
Current Domestic Taxes	-444M	-8M	11M	6M	14M
Current Foreign Taxes	-	-	-	9M	1M
Total Current Taxes	-444M	-8M	11M	15M	15M
Deferred Domestic Taxes	346M	3M	-62M	42M	89M
Total Deferred Taxes	346M	3M	-62M	42M	89M
Normalized Net Income	871M	410M	415M	426M	444M
Non-Cash Pension Expense	-91M	-42M	-1M	-31M	30M
Supplemental Operating Expense Items
Net Rental Expense, Total	28M	21M	22M	26M	23M
Imputed Operating Lease Interest Expense	12.76M	7.65M	13.71M	12.15M	8.98M
Imputed Operating Lease Depreciation	15.24M	13.35M	8.29M	13.85M	14.02M
Stock-Based Comp., SG&A Exp. (Total)	88M	90M	126M	96M	72M
Total Stock-Based Compensation	88M	90M	126M	96M	72M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Investment In Debt Securities	34.17B	27.4B	25.5B	23.93B	26.42B
Investment In Equity and Preferred Securities, Total	1.98B	2.12B	1.86B	2.08B	2.09B
Trading Asset Securities, Total	147M	339M	270M	246M	184M
Mortgage Loans	5.61B	5.43B	5.19B	4.68B	5.58B
Policy Loans	392M	363M	352M	342M	323M
Total Other Investments	98M	357M	213M	96M	148M
Total investments	42.4B	36.01B	33.38B	31.37B	34.75B
Cash And Equivalents	1.4B	919M	937M	1.4B	1.23B
Reinsurance Recoverable - (IS)	13.67B	13.37B	12B	11.31B	10.75B
Other Receivables - (Insurance Template)	660M	695M	733M	734M	760M
Deferred Policy Acquisition Costs - (BS)	1.22B	2.06B	1.84B	1.77B	1.69B
Separate Account Assets	100B	80.17B	93.13B	102B	113B
Gross Property Plant And Equipment	-	-	-	-	-
Accumulated Depreciation	-	-	-	-	-
Net Property Plant And Equipment	-	-	-	-	-
Goodwill	-	327M	748M	748M	804M
Other Intangibles, Total	-	631M	857M	832M	874M
Other Current Assets, Total	1.3B	1.35B	1.24B	1.21B	1.28B
Deferred Tax Assets Long-Term (Collected)	986M	1.92B	2.16B	2.13B	1.87B
Deferred Charges Long-Term	104M	100M	98M	105M	109M
Other Long-Term Assets, Total	9.09B	10.1B	9.96B	10.6B	11.73B
Total Assets	171B	148B	157B	164B	179B
Liabilities
Insurance And Annuity Liabilities	9.95B	10.11B	9.56B	9.33B	8.98B
Reinsurance Payable - (BS)	-	-	-	-	-
Current Portion of Long-Term Debt	1M	141M	1M	399M	586M
Current Portion of Leases	54M	49M	41M	35M	35M
Short-Term Borrowings	1.18B	1.3B	1.12B	2.46B	2.3B
Long-Term Debt	2.79B	2.46B	2.44B	2.4B	1.76B
Long-Term Leases	95M	88M	126M	151M	151M
Trust Preferred Securities (BS)	13M	13M	13M	13M	13M
Separate Account Liability	100B	80.17B	93.13B	102B	113B
Current Income Taxes Payable	23M	-	-	-	-
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	-	-	-	-	-
Pension & Other Post Retirement Benefits	226M	-	350M	331M	334M
Other Non Current Liabilities	46.67B	47.2B	44.25B	41.08B	44.65B
Total Liabilities	161B	142B	151B	158B	172B
Common Stock, Total	1M	1M	1M	1M	1M
Additional Paid In Capital	7.54B	6.64B	6.14B	6.27B	6.36B
Retained Earnings	-1.31B	-342M	505M	954M	1.39B
Treasury Stock	-80M	-39M	-56M	-754M	-1.01B
Comprehensive Income and Other	2.1B	-1.79B	-2.4B	-2.46B	-1.79B
Total Common Equity	8.25B	4.47B	4.19B	4B	4.95B
Minority Interest	1.57B	1.65B	1.86B	2B	2.09B
Total Equity	9.82B	6.12B	6.05B	6.01B	7.04B
Total Liabilities And Equity	171B	148B	157B	164B	179B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	106M	97.29M	102M	95.53M	92.76M
ECS Total Common Shares Outstanding	108M	97.19M	103M	95.5M	93.84M
Book Value / Share	76.59	45.98	40.77	41.94	52.78
Tangible Book Value	8.25B	3.51B	2.59B	2.42B	3.28B
Tangible Book Value Per Share	76.59	36.13	25.16	25.39	34.9
Total Debt	4.14B	4.05B	3.74B	5.46B	4.85B
Net Debt	2.74B	3.13B	2.8B	4.06B	3.62B
Debt Equivalent of Unfunded Proj. Benefit Obligation	213M	173M	168M	139M	170M
Debt Equivalent Oper. Leases	224M	168M	176M	208M	184M
Minority Interest, Total (Incl. Fin. Div)	1.57B	1.65B	1.86B	2B	2.09B
Equity Method Investments, Total	1.74B	1.78B	1.62B	1.84B	1.89B
Account Code - Inventory Valuation	-	3	3	3	3
Full Time Employees	5.94K	6.04K	9K	10K	11K
Part Time Employees	60	61	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	2.13B	510M	625M	667M	654M
Depreciation, Depletion & Amortization	-	-	-	-	-
Amortization of Goodwill and Intangible Assets - (CF)	46M	36M	85M	96M	103M
Total Depreciation, Depletion & Amortization	46M	36M	85M	96M	103M
(Gain) Loss On Sale of Asset - (CF)	-1.42B	685M	72M	27M	130M
(Gain) Loss on Sale of Investments - (CF)	-943M	76M	-230M	-196M	-189M
Amort. Of Deferred Policy Acq. Costs - (CF)	797M	67M	113M	102M	137M
(Income) Loss On Equity Investments - (CF)	-316M	27M	33M	-	-57M
Stock-Based Compensation (CF)	88M	90M	126M	96M	72M
Change in Accounts Receivable	-1.47B	276M	538M	649M	747M
Reinsurance Payable - (CF)	-	-	-	-	-
Change in Other Net Operating Assets (Collected)	-422M	-830M	-162M	-734M	-587M
Net Cash From Discontinued Operations	-250M	-	-	-	-
Other Operating Activities	1.84B	415M	438M	638M	278M
Cash from Operations	72M	1.35B	1.64B	1.34B	1.29B
Capital Expenditure	-	-	-	-	-
Cash Acquisitions	-2.14B	-2.34B	-1.81B	-2.61B	-2.18B
Divestitures	1.33B	849M	962M	1.5B	1.18B
Investment in Marketable and Equity Securities, Total	-597M	-1.05B	2.96B	652M	-246M
Net (Increase) Decrease in Loans Originated / Sold - Investing	8M	185M	192M	483M	-116M
Other Investing Activities, Total	1.07B	404M	228M	458M	-1M
Cash from Investing	-327M	-1.95B	2.53B	481M	-1.37B
Short Term Debt Issued, Total	1.52B	1.63B	487M	1.19B	1.54B
Long-Term Debt Issued, Total	-	-	388M	397M	-
Total Debt Issued	1.52B	1.63B	875M	1.58B	1.54B
Short Term Debt Repaid, Total	-1.27B	-932M	-687M	-1.08B	-1.64B
Long-Term Debt Repaid, Total	-503M	-366M	-541M	-1M	-400M
Total Debt Repaid	-1.77B	-1.3B	-1.23B	-1.08B	-2.04B
Issuance of Common Stock	4M	7M	-	6M	5M
Repurchase of Common Stock	-1.11B	-750M	-369M	-640M	-200M
Issuance of Preferred Stock	-	-	-	-	-
Common Dividends Paid	-80M	-83M	-127M	-171M	-178M
Preferred Dividends Paid	-36M	-36M	-36M	-41M	-41M
Common & Preferred Stock Dividends Paid	-116M	-119M	-163M	-212M	-219M
Annuity Receipts	5.9B	5.82B	2.5B	2.94B	4.03B
Annuity Payments	-6.24B	-6.35B	-6.36B	-5.57B	-5.12B
Other Financing Activities, Total	1.55B	1.1B	680M	1.54B	1.93B
Cash from Financing	-265M	28M	-4.06B	-1.43B	-85M
Net Change in Cash	-520M	-566M	111M	396M	-166M
Supplemental Items
Cash Interest Paid	157M	131M	113M	103M	115M
Cash Income Tax Paid (Refund)	3M	14M	11M	9M	15M
Net Debt Issued / Repaid	-247M	330M	-353M	501M	-503M
Levered Free Cash Flow	-5.85B	270M	1.58B	1.65B	1.51B
Unlevered Free Cash Flow	-5.71B	385M	1.77B	1.84B	1.67B
Change In Net Working Capital	8.42B	255M	-738M	-857M	-676M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	1.01	0.28	0.46	0.43	0.4
Return on Total Capital	12.28	3.73	7.54	6.17	5.85
Return On Equity %	27.38	5.43	13.19	12.31	11.24
Return on Common Equity	22.63	7.45	15.62	15.27	13.69
Margin Analysis
Gross Profit Margin %	134.58	53.39	55.55	52.27	55.92
SG&A Margin	62.64	41.17	40.07	38.25	42.09
EBITDA Margin %	72.83	12.68	16.51	14.87	14.5
EBITA Margin %	72.83	12.68	16.51	14.87	14.5
EBIT Margin %	71.66	12.07	15.35	13.68	13.24
Income From Continuing Operations Margin %	72.67	7.31	9.92	9.22	8.95
Net Income Margin %	53.74	8.61	8.51	8.29	7.99
Net Avail. For Common Margin %	52.53	8	8.02	7.78	7.49
Normalized Net Income Margin	22.01	6.91	5.64	5.3	5.42
Levered Free Cash Flow Margin	-147.96	4.57	21.51	20.52	18.45
Unlevered Free Cash Flow Margin	-144.42	6.5	24.05	22.85	20.34
Asset Turnover
Asset Turnover	0.02	0.04	0.05	0.05	0.05
Fixed Assets Turnover	-	-	-	-	-
Receivables Turnover (Average Receivables)	29.7	-145.48	-219.22	-269.1	-167.65
Short Term Liquidity
Current Ratio	13.7	11.41	13.23	5.18	4.91
Quick Ratio	1.49	1.26	1.5	0.72	0.65
Operating Cash Flow to Current Liabilities	0.06	0.91	1.41	0.46	0.44
Days Sales Outstanding (Average Receivables)	12.29	-2.51	-1.66	-1.36	-2.18
Average Days Payable Outstanding	-	-	-	-	-
Long Term Solvency
Total Debt/Equity	42.12	66.21	61.79	90.94	68.9
Total Debt / Total Capital	29.64	39.83	38.19	47.63	40.79
LT Debt/Equity	29.52	41.82	42.57	42.73	27.38
Long-Term Debt / Total Capital	20.77	25.16	26.31	22.38	16.21
Total Liabilities / Total Assets	94.27	95.86	96.15	96.33	96.06
EBIT / Interest Expense	12.66	3.91	3.79	3.68	4.39
EBITDA / Interest Expense	12.99	4.22	4.14	4.09	4.9
(EBITDA - Capex) / Interest Expense	12.99	4.22	4.14	4.09	4.9
Total Debt / EBITDA	1.42	5.25	3.03	4.47	4.01
Net Debt / EBITDA	0.94	4.06	2.27	3.32	2.99
Total Debt / (EBITDA - Capex)	1.42	5.25	3.03	4.47	4.01
Net Debt / (EBITDA - Capex)	0.94	4.06	2.27	3.32	2.99
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-48.28	49.7	23.91	9.55	1.73
Gross Profit, 1 Yr. Growth %	66.58	-40.61	29.1	3.09	8.82
EBITDA, 1 Yr. Growth %	334.54	-73.08	61.52	4.54	-0.59
EBITA, 1 Yr. Growth %	334.54	-73.08	61.52	4.54	-0.59
EBIT, 1 Yr. Growth %	366.28	-73.94	57.76	3.87	-1.28
Earnings From Cont. Operations, 1 Yr. Growth %	677.03	-84.94	68.36	1.78	-1.21
Net Income, 1 Yr. Growth %	-1.13K	-76.01	22.55	6.72	-1.95
Normalized Net Income, 1 Yr. Growth %	715.81	-49.69	1.28	14.51	4.65
Diluted EPS Before Extra, 1 Yr. Growth %	1.13K	-73.97	26.05	13.84	1.94
Net Property, Plant and Equip., 1 Yr. Growth %	-	-	-	-	-
Accounts Receivable, 1 Yr. Growth %	-157.14	-19.44	-41.38	35.29	73.91
Total Assets, 1 Yr. Growth %	-5.13	-13.79	7.15	4.33	9.13
Common Equity, 1 Yr. Growth %	-18.37	-45.85	25.2	-4.48	23.67
Tangible Book Value, 1 Yr. Growth %	-18.37	-56.57	8.24	-6.3	35.05
Cash From Operations, 1 Yr. Growth %	-94.04	6.05K	21.15	-17.89	-4.24
Capital Expenditures, 1 Yr. Growth %	-	-	-	-	-
Levered Free Cash Flow, 1 Yr. Growth %	-596.55	-104.5	26.71	7.41	4.48
Unlevered Free Cash Flow, 1 Yr. Growth %	-541.17	-106.55	29.75	6.65	1.97
Dividend Per Share, 1 Yr. Growth %	15.83	15.11	50	41.67	7.06
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-27.27	-12.01	32.68	16.51	5.57
Gross Profit, 2 Yr. CAGR %	22.53	-0.53	-16.86	15.36	5.91
EBITDA, 2 Yr. CAGR %	65.88	12.54	-39.87	36.02	3.5
EBITA, 2 Yr. CAGR %	65.88	12.54	-39.87	36.02	3.5
EBIT, 2 Yr. CAGR %	69.48	15.28	-41.61	34.24	2.94
Earnings From Cont. Operations, 2 Yr. CAGR %	90.65	8.18	-51.65	30.91	0.27
Net Income, 2 Yr. CAGR %	143.01	57.34	-48.65	14.36	2.29
Normalized Net Income, 2 Yr. CAGR %	41.59	154.95	-40.39	11.23	12.79
Diluted EPS Before Extra, 2 Yr. CAGR %	84.56	79.14	-45.81	19.79	7.73
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	-	-	-
Accounts Receivable, 2 Yr. CAGR %	-15.15	-32.15	-31.28	-10.94	53.39
Total Assets, 2 Yr. CAGR %	0.67	-9.56	-4.23	5.73	6.71
Common Equity, 2 Yr. CAGR %	-5.99	-33.51	-28.72	9.36	8.69
Tangible Book Value, 2 Yr. CAGR %	-5.99	-41.07	-43.42	0.71	12.49
Cash From Operations, 2 Yr. CAGR %	-76.56	-0.37	762.87	-0.26	-11.33
Capital Expenditures, 2 Yr. CAGR %	-	-	-	-	-
Levered Free Cash Flow, 2 Yr. CAGR %	86.14	-48.63	-48.68	18.21	-0.13
Unlevered Free Cash Flow, 2 Yr. CAGR %	77.08	-41.93	-45.09	19.08	-1.06
Dividend Per Share, 2 Yr. CAGR %	47.37	15.47	31.4	45.77	23.15
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-17.95	-7.48	-1.33	24.47	11.36
Gross Profit, 3 Yr. CAGR %	16.21	-3.75	8.5	-10.68	13.14
EBITDA, 3 Yr. CAGR %	46.04	-10.48	26.94	-29.07	22.42
EBITA, 3 Yr. CAGR %	46.04	-10.48	26.94	-29.07	22.42
EBIT, 3 Yr. CAGR %	48.6	-10.19	27.99	-30.71	21.06
Earnings From Cont. Operations, 3 Yr. CAGR %	81.36	-18.2	25.36	-38.04	19.18
Net Income, 3 Yr. CAGR %	40.78	12.31	44.77	-34.47	8.64
Normalized Net Income, 3 Yr. CAGR %	55.86	-1.95	87.42	-28.52	8.84
Diluted EPS Before Extra, 3 Yr. CAGR %	102.14	-3.93	59.33	-30.6	13.52
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	-	-
Accounts Receivable, 3 Yr. CAGR %	-8.5	-16.6	-35.38	-13.87	11.32
Total Assets, 3 Yr. CAGR %	3.29	-4.4	-4.53	-1.46	6.85
Common Equity, 3 Yr. CAGR %	0.16	-21.78	-25.43	-21.42	13.93
Tangible Book Value, 3 Yr. CAGR %	0.16	-27.83	-36.51	-33.06	11.06
Cash From Operations, 3 Yr. CAGR %	-66.22	1.06	6.34	293.94	-1.6
Capital Expenditures, 3 Yr. CAGR %	-	-	-	-	-
Levered Free Cash Flow, 3 Yr. CAGR %	14.7	-45.7	15.53	-34.94	8.52
Unlevered Free Cash Flow, 3 Yr. CAGR %	12.21	-40.44	15.69	-32.05	8.7
Dividend Per Share, 3 Yr. CAGR %	159.01	35.72	25.99	34.74	31.52
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-14.75	-3.91	0.52	1.49	1.37
Gross Profit, 5 Yr. CAGR %	11.72	-0.35	3.77	3.48	7.46
EBITDA, 5 Yr. CAGR %	42.11	-1.08	5.57	2.71	14.89
EBITA, 5 Yr. CAGR %	42.11	-1.08	5.57	2.71	14.89
EBIT, 5 Yr. CAGR %	45.55	-0.44	5.48	2.21	15.04
Earnings From Cont. Operations, 5 Yr. CAGR %	136.33	7.47	8.63	-1.27	14.65
Net Income, 5 Yr. CAGR %	45.41	-29.8	-3.89	13.13	25.99
Normalized Net Income, 5 Yr. CAGR %	257.09	40.47	12.52	-0.38	47.79
Diluted EPS Before Extra, 5 Yr. CAGR %	219.27	8.8	22.07	4.93	36.24
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-	-
Accounts Receivable, 5 Yr. CAGR %	-9.41	-15.17	-18.4	-14.38	-8.68
Total Assets, 5 Yr. CAGR %	-4.41	-7.88	0.21	-0.61	-0.18
Common Equity, 5 Yr. CAGR %	-8.68	-14.89	-12.58	-15.58	-13.3
Tangible Book Value, 5 Yr. CAGR %	-8.68	-18.9	-20.62	-23.64	-20.18
Cash From Operations, 5 Yr. CAGR %	-54.5	-3.09	-2.59	0.53	-1.11
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	-
Levered Free Cash Flow, 5 Yr. CAGR %	63.99	-33.98	-16.43	-0.44	8.07
Unlevered Free Cash Flow, 5 Yr. CAGR %	87.01	-30.19	-15.26	0.19	7.85
Dividend Per Share, 5 Yr. CAGR %	77	82.06	97.44	39.66	24.85