(VOYA) Voya Financial - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US9290891004

Retirement Plans, Insurance, Investment Services

VOYA EPS (Earnings per Share)

EPS (Earnings per Share) of VOYA over the last years for every Quarter: "2020-09": 0.3, "2020-12": 1.9, "2021-03": 1.7, "2021-06": 2.2, "2021-09": 2.57, "2021-12": 1.9, "2022-03": 1.47, "2022-06": 1.67, "2022-09": 2.3, "2022-12": 1.77, "2023-03": 1.69, "2023-06": 2.31, "2023-09": 2.07, "2023-12": 1.97, "2024-03": 1.88, "2024-06": 2.27, "2024-09": 0.98, "2024-12": 1.5, "2025-03": 2.15, "2025-06": 2.4, "2025-09": 0,

VOYA Revenue

Revenue of VOYA over the last years for every Quarter: 2020-09: 2071, 2020-12: 2230, 2021-03: -1957, 2021-06: 2503, 2021-09: 2009, 2021-12: 1533, 2022-03: 1514, 2022-06: 1519, 2022-09: 1355, 2022-12: 1591, 2023-03: 1756, 2023-06: 1871, 2023-09: 1823, 2023-12: 1819, 2024-03: 2051, 2024-06: 2033, 2024-09: 1956, 2024-12: 2010, 2025-03: 1969, 2025-06: 1838, 2025-09: null,

Description: VOYA Voya Financial November 05, 2025

Voya Financial (NYSE: VOYA) delivers workplace benefits, savings solutions, and investment technology across three operating segments: Wealth Solutions, Health Solutions, and Investment Management. The Wealth Solutions line focuses on retirement plan administration, stable-value and fixed-income products, and wealth-management services for a broad client base that includes corporations, schools, hospitals, and government entities. Health Solutions provides stop-loss, group life, disability, critical-illness, and other employee-benefit insurance products, plus related enrollment and wellness platforms. Investment Management offers fixed-income, equity, multi-asset, and alternative strategies to individuals, advisors, and institutional investors through direct and partner channels.

Key recent metrics (FY 2023) show Voya generated approximately $7.3 billion in revenue, with an operating margin of roughly 9 % and assets under management (AUM) of about $250 billion, reflecting modest growth despite a low-interest-rate environment that pressures stable-value returns. The company’s earnings per share (EPS) were $1.09, while its combined ratio in the health-insurance segment improved to 93 %, indicating better underwriting discipline.

Sector drivers that materially affect Voya include the aging U.S. workforce-projected to increase demand for retirement and health-benefit services-and the Federal Reserve’s monetary policy, which influences the pricing of fixed-income and stable-value products. Additionally, regulatory trends such as the SEC’s focus on fiduciary standards and potential changes to health-insurance risk-adjustment rules can create both compliance costs and competitive opportunities.

For a deeper quantitative view of Voya’s valuation and risk profile, consider reviewing its detailed financials and analyst metrics on ValueRay.

VOYA Stock Overview

Market Cap in USD 7,179m
Sub-Industry Diversified Financial Services
IPO / Inception 2013-05-02

VOYA Stock Ratings

Growth Rating 25.5%
Fundamental 56.8%
Dividend Rating 71.5%
Return 12m vs S&P 500 -20.4%
Analyst Rating 3.58 of 5

VOYA Dividends

Dividend Yield 12m 2.50%
Yield on Cost 5y 3.67%
Annual Growth 5y 29.74%
Payout Consistency 94.6%
Payout Ratio 30.1%

VOYA Growth Ratios

Growth Correlation 3m -47.4%
Growth Correlation 12m 21.6%
Growth Correlation 5y 76.4%
CAGR 5y 3.96%
CAGR/Max DD 3y (Calmar Ratio) 0.11
CAGR/Mean DD 3y (Pain Ratio) 0.43
Sharpe Ratio 12m 0.19
Alpha -18.94
Beta 0.972
Volatility 32.61%
Current Volume 708.5k
Average Volume 20d 592.2k
Stop Loss 69.8 (-3.1%)
Signal 0.41

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income (533.0m TTM) > 0 and > 6% of Revenue (6% = 466.4m TTM)
FCFTA 0.01 (>2.0%) and ΔFCFTA -0.09pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 150.5% (prev 27.71%; Δ 122.8pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.01 (>3.0%) and CFO 1.36b > Net Income 533.0m (YES >=105%, WARN >=100%)
Net Debt (925.0m) to EBITDA (693.0m) ratio: 1.33 <= 3.0 (WARN <= 3.5)
Current Ratio 27.17 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (98.0m) change vs 12m ago -4.20% (target <= -2.0% for YES)
Gross Margin 97.44% (prev 99.46%; Δ -2.02pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 4.83% (prev 5.16%; Δ -0.33pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 0.31 (EBITDA TTM 693.0m / Interest Expense TTM 239.0m) >= 6 (WARN >= 3)

Altman Z'' 0.46

(A) 0.07 = (Total Current Assets 12.14b - Total Current Liabilities 447.0m) / Total Assets 172.44b
(B) 0.01 = Retained Earnings (Balance) 1.17b / Total Assets 172.44b
(C) 0.00 = EBIT TTM 73.0m / Avg Total Assets 161.07b
(D) -0.01 = Book Value of Equity -896.0m / Total Liabilities 165.88b
Total Rating: 0.46 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 56.77

1. Piotroski 3.0pt = -2.0
2. FCF Yield 16.79% = 5.0
3. FCF Margin 17.51% = 4.38
4. Debt/Equity 0.45 = 2.40
5. Debt/Ebitda 1.33 = 1.25
6. ROIC - WACC (= -6.88)% = -8.60
7. RoE 12.02% = 1.00
8. Rev. Trend 73.19% = 5.49
9. EPS Trend -42.83% = -2.14

What is the price of VOYA shares?

As of November 08, 2025, the stock is trading at USD 72.01 with a total of 708,541 shares traded.
Over the past week, the price has changed by -3.29%, over one month by -4.13%, over three months by +2.58% and over the past year by -9.18%.

Is Voya Financial a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, Voya Financial is currently (November 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 56.77 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of VOYA is around 68.48 USD . This means that VOYA is currently overvalued and has a potential downside of -4.9%.

Is VOYA a buy, sell or hold?

Voya Financial has received a consensus analysts rating of 3.58. Therefor, it is recommend to hold VOYA.
  • Strong Buy: 2
  • Buy: 4
  • Hold: 5
  • Sell: 1
  • Strong Sell: 0

What are the forecasts/targets for the VOYA price?

Issuer Target Up/Down from current
Wallstreet Target Price 84.7 17.7%
Analysts Target Price 84.7 17.7%
ValueRay Target Price 75.8 5.3%

VOYA Fundamental Data Overview November 03, 2025

Market Cap USD = 7.18b (7.18b USD * 1.0 USD.USD)
P/E Trailing = 14.7154
P/E Forward = 7.3475
P/S = 0.9069
P/B = 1.5568
P/EG = 1.19
Beta = 0.972
Revenue TTM = 7.77b USD
EBIT TTM = 73.0m USD
EBITDA TTM = 693.0m USD
Long Term Debt = 2.76b USD (from longTermDebt, last quarter)
Short Term Debt = 447.0m USD (from shortTermDebt, last quarter)
Debt = 2.10b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 925.0m USD (from netDebt column, last quarter)
Enterprise Value = 8.10b USD (7.18b + Debt 2.10b - CCE 1.18b)
Interest Coverage Ratio = 0.31 (Ebit TTM 73.0m / Interest Expense TTM 239.0m)
FCF Yield = 16.79% (FCF TTM 1.36b / Enterprise Value 8.10b)
FCF Margin = 17.51% (FCF TTM 1.36b / Revenue TTM 7.77b)
Net Margin = 6.86% (Net Income TTM 533.0m / Revenue TTM 7.77b)
Gross Margin = 97.44% ((Revenue TTM 7.77b - Cost of Revenue TTM 199.0m) / Revenue TTM)
Gross Margin QoQ = 96.57% (prev 96.60%)
Tobins Q-Ratio = 0.05 (Enterprise Value 8.10b / Total Assets 172.44b)
Interest Expense / Debt = 1.33% (Interest Expense 28.0m / Debt 2.10b)
Taxrate = 14.36% (27.0m / 188.0m)
NOPAT = 62.5m (EBIT 73.0m * (1 - 14.36%))
Current Ratio = 27.17 (Total Current Assets 12.14b / Total Current Liabilities 447.0m)
Debt / Equity = 0.45 (Debt 2.10b / totalStockholderEquity, last quarter 4.63b)
Debt / EBITDA = 1.33 (Net Debt 925.0m / EBITDA 693.0m)
Debt / FCF = 0.68 (Net Debt 925.0m / FCF TTM 1.36b)
Total Stockholder Equity = 4.43b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.31% (Net Income 533.0m / Total Assets 172.44b)
RoE = 12.02% (Net Income TTM 533.0m / Total Stockholder Equity 4.43b)
RoCE = 1.01% (EBIT 73.0m / Capital Employed (Equity 4.43b + L.T.Debt 2.76b))
RoIC = 0.80% (NOPAT 62.5m / Invested Capital 7.83b)
WACC = 7.68% (E(7.18b)/V(9.28b) * Re(9.60%) + D(2.10b)/V(9.28b) * Rd(1.33%) * (1-Tc(0.14)))
Discount Rate = 9.60% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -4.30%
[DCF Debug] Terminal Value 73.75% ; FCFE base≈1.34b ; Y1≈1.42b ; Y5≈1.69b
Fair Price DCF = 234.1 (DCF Value 22.57b / Shares Outstanding 96.4m; 5y FCF grow 6.38% → 3.0% )
EPS Correlation: -42.83 | EPS CAGR: -57.02% | SUE: -4.0 | # QB: 0
Revenue Correlation: 73.19 | Revenue CAGR: 11.72% | SUE: -0.57 | # QB: 0

Additional Sources for VOYA Stock

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