(VOYA) Voya Financial - Ratings and Ratios

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

Retirement Plans, Insurance, Investment Services

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": 2.12, "2024-12": 1.5, "2025-03": 2.15, "2025-06": 2.4, "2025-09": 1.8,

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: 1981, 2025-09: 1897,
Risk via 10d forecast
Volatility 26.1%
Value at Risk 5%th 42.5%
Relative Tail Risk -1.02%
Reward TTM
Sharpe Ratio -0.31
Alpha -26.26
Character TTM
Hurst Exponent 0.422
Beta 1.201
Beta Downside 1.391
Drawdowns 3y
Max DD 34.55%
Mean DD 9.26%
Median DD 8.37%

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 6,680m
Sub-Industry Diversified Financial Services
IPO / Inception 2013-05-02
Return 12m vs S&P 500 -22.0%
Analyst Rating 3.58 of 5

VOYA Dividends

Metric Value
Dividend Yield 3.29%
Yield on Cost 5y 4.21%
Yield CAGR 5y 29.74%
Payout Consistency 94.6%
Payout Ratio 23.2%

VOYA Growth Ratios

Metric Value
CAGR 3y 4.90%
CAGR/Max DD Calmar Ratio 0.14
CAGR/Mean DD Pain Ratio 0.53
Current Volume 917k
Average Volume 770.9k

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income (611.0m TTM) > 0 and > 6% of Revenue (6% = 471.4m TTM)
FCFTA 0.00 (>2.0%) and ΔFCFTA -0.52pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 489.5% (prev 481.1%; Δ 8.34pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.00 (>3.0%) and CFO 810.0m > Net Income 611.0m (YES >=105%, WARN >=100%)
Net Debt (1.94b) to EBITDA (1.05b) ratio: 1.84 <= 3.0 (WARN <= 3.5)
Current Ratio 66.63 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (97.0m) change vs 12m ago -3.39% (target <= -2.0% for YES)
Gross Margin 96.63% (prev 96.13%; Δ 0.50pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 4.56% (prev 4.71%; Δ -0.14pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 3.43 (EBITDA TTM 1.05b / Interest Expense TTM 230.0m) >= 6 (WARN >= 3)

Altman Z'' 1.47

(A) 0.22 = (Total Current Assets 39.04b - Total Current Liabilities 586.0m) / Total Assets 177.45b
(B) 0.01 = Retained Earnings (Balance) 1.30b / Total Assets 177.45b
(C) 0.00 = EBIT TTM 788.0m / Avg Total Assets 172.19b
(D) -0.00 = Book Value of Equity -476.0m / Total Liabilities 170.37b
Total Rating: 1.47 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 60.84

1. Piotroski 4.0pt
2. FCF Yield -4.42%
3. FCF Margin 10.31%
4. Debt/Equity 0.65
5. Debt/Ebitda 1.84
6. ROIC - WACC (= 1.38)%
7. RoE 13.60%
8. Rev. Trend 70.26%
9. EPS Trend 14.62%

What is the price of VOYA shares?

As of November 23, 2025, the stock is trading at USD 69.04 with a total of 917,001 shares traded.
Over the past week, the price has changed by -2.40%, over one month by -7.35%, over three months by -7.04% and over the past year by -12.31%.

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 84.6 22.5%
Analysts Target Price 84.6 22.5%
ValueRay Target Price 69.5 0.7%

VOYA Fundamental Data Overview November 21, 2025

Market Cap USD = 6.68b (6.68b USD * 1.0 USD.USD)
P/E Trailing = 11.8427
P/E Forward = 6.6756
P/S = 0.8259
P/B = 1.3371
P/EG = 1.19
Beta = 0.895
Revenue TTM = 7.86b USD
EBIT TTM = 788.0m USD
EBITDA TTM = 1.05b USD
Long Term Debt = 2.62b USD (from longTermDebt, last quarter)
Short Term Debt = 586.0m USD (from shortTermDebt, last quarter)
Debt = 3.21b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.94b USD (from netDebt column, last quarter)
Enterprise Value = -18.32b USD (6.68b + Debt 3.21b - CCE 28.21b)
Interest Coverage Ratio = 3.43 (Ebit TTM 788.0m / Interest Expense TTM 230.0m)
FCF Yield = -4.42% (FCF TTM 810.0m / Enterprise Value -18.32b)
FCF Margin = 10.31% (FCF TTM 810.0m / Revenue TTM 7.86b)
Net Margin = 7.78% (Net Income TTM 611.0m / Revenue TTM 7.86b)
Gross Margin = 96.63% ((Revenue TTM 7.86b - Cost of Revenue TTM 265.0m) / Revenue TTM)
Gross Margin QoQ = 96.84% (prev 96.82%)
Tobins Q-Ratio = -0.10 (set to none) (Enterprise Value -18.32b / Total Assets 177.45b)
Interest Expense / Debt = 1.87% (Interest Expense 60.0m / Debt 3.21b)
Taxrate = 11.40% (35.0m / 307.0m)
NOPAT = 698.2m (EBIT 788.0m * (1 - 11.40%))
Current Ratio = 66.63 (Total Current Assets 39.04b / Total Current Liabilities 586.0m)
Debt / Equity = 0.65 (Debt 3.21b / totalStockholderEquity, last quarter 4.96b)
Debt / EBITDA = 1.84 (Net Debt 1.94b / EBITDA 1.05b)
Debt / FCF = 2.39 (Net Debt 1.94b / FCF TTM 810.0m)
Total Stockholder Equity = 4.49b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.34% (Net Income 611.0m / Total Assets 177.45b)
RoE = 13.60% (Net Income TTM 611.0m / Total Stockholder Equity 4.49b)
RoCE = 11.07% (EBIT 788.0m / Capital Employed (Equity 4.49b + L.T.Debt 2.62b))
RoIC = 8.97% (NOPAT 698.2m / Invested Capital 7.78b)
WACC = 7.59% (E(6.68b)/V(9.89b) * Re(10.44%) + D(3.21b)/V(9.89b) * Rd(1.87%) * (1-Tc(0.11)))
Discount Rate = 10.44% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -4.79%
[DCF Debug] Terminal Value 69.50% ; FCFE base≈1.14b ; Y1≈1.11b ; Y5≈1.11b
Fair Price DCF = 141.7 (DCF Value 13.49b / Shares Outstanding 95.2m; 5y FCF grow -3.79% → 3.0% )
EPS Correlation: 14.62 | EPS CAGR: 0.61% | SUE: -1.17 | # QB: 0
Revenue Correlation: 70.26 | Revenue CAGR: 6.61% | SUE: -0.57 | # QB: 0

Additional Sources for VOYA Stock

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