(VOYA) Voya Financial - Overview
Stock: Retirement Plans, Investment Management, Health Insurance, Wealth Advisory
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 2.57% |
| Yield on Cost 5y | 3.41% |
| Yield CAGR 5y | 27.21% |
| Payout Consistency | 95.0% |
| Payout Ratio | 29.0% |
| Risk 5d forecast | |
|---|---|
| Volatility | 30.9% |
| Relative Tail Risk | -1.90% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.33 |
| Alpha | -10.60 |
| Character TTM | |
|---|---|
| Beta | 1.241 |
| Beta Downside | 1.427 |
| Drawdowns 3y | |
|---|---|
| Max DD | 34.55% |
| CAGR/Max DD | 0.09 |
Description: VOYA Voya Financial January 08, 2026
Voya Financial, Inc. (NYSE:VOYA) operates three core segments-Wealth Solutions, Health Solutions, and Investment Management-delivering retirement, insurance, and asset-management services to a broad client base that includes corporations, schools, hospitals, governments, and individual investors.
The Wealth Solutions segment provides full-service retirement plans, recordkeeping, stable-value and fixed-income products, and non-qualified plan administration, complemented by wealth-management tools such as IRAs, managed accounts, and brokerage services. In 2023, this segment generated approximately $1.1 billion in revenue, driven in part by an aging workforce that is increasing demand for retirement-security solutions.
Health Solutions offers a suite of group insurance products-including stop-loss, life, disability, critical illness, and accident coverage-as well as worksite benefits, health-account platforms, and leave-management services. The segment’s growth is closely linked to employer-driven health-care cost containment, with 2023 enrollment figures up 4% year-over-year as employers seek cost-effective risk-transfer options.
The Investment Management arm delivers fixed-income, equity, multi-asset, and alternative strategies through direct sales, consultant channels, and broker-dealer networks. Assets under management (AUM) reached $85 billion at year-end 2023, reflecting a 6% increase driven by higher demand for diversified, low-volatility products amid a prolonged low-interest-rate environment.
Key sector drivers for Voya include demographic aging, regulatory changes in retirement plan fiduciary standards, and the broader macro-economic backdrop of interest-rate volatility, which can affect both the pricing of stable-value products and the performance of fixed-income portfolios.
For a deeper dive into Voya’s valuation metrics and scenario analysis, consider exploring the detailed dashboards on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income: 611.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.00 > 0.02 and ΔFCF/TA -0.52 > 1.0 |
| NWC/Revenue: 475.5% < 20% (prev 481.1%; Δ -5.63% < -1%) |
| CFO/TA 0.00 > 3% & CFO 810.0m > Net Income 611.0m |
| Net Debt (1.94b) to EBITDA (1.05b): 1.84 < 3 |
| Current Ratio: 66.63 > 1.5 & < 3 |
| Outstanding Shares: last quarter (97.0m) vs 12m ago -3.39% < -2% |
| Gross Margin: 50.68% > 18% (prev 0.48%; Δ 5020 % > 0.5%) |
| Asset Turnover: 4.70% > 50% (prev 4.71%; Δ -0.01% > 0%) |
| Interest Coverage Ratio: 3.43 > 6 (EBITDA TTM 1.05b / Interest Expense TTM 230.0m) |
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 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) |
| Altman-Z'' Score: 1.47 = BB |
What is the price of VOYA shares?
Over the past week, the price has changed by -0.99%, over one month by -2.55%, over three months by +5.42% and over the past year by +9.93%.
Is VOYA a buy, sell or hold?
- StrongBuy: 2
- Buy: 4
- Hold: 5
- Sell: 1
- StrongSell: 0
What are the forecasts/targets for the VOYA price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 86.8 | 14.4% |
| Analysts Target Price | 86.8 | 14.4% |
| ValueRay Target Price | 80.7 | 6.3% |
VOYA Fundamental Data Overview February 04, 2026
P/E Forward = 7.4405
P/S = 0.9233
P/B = 1.4702
P/EG = 1.19
Revenue TTM = 8.09b 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 = -17.53b USD (7.47b + Debt 3.21b - CCE 28.21b)
Interest Coverage Ratio = 3.43 (Ebit TTM 788.0m / Interest Expense TTM 230.0m)
EV/FCF = -21.64x (Enterprise Value -17.53b / FCF TTM 810.0m)
FCF Yield = -4.62% (FCF TTM 810.0m / Enterprise Value -17.53b)
FCF Margin = 10.01% (FCF TTM 810.0m / Revenue TTM 8.09b)
Net Margin = 7.55% (Net Income TTM 611.0m / Revenue TTM 8.09b)
Gross Margin = 50.68% ((Revenue TTM 8.09b - Cost of Revenue TTM 3.99b) / Revenue TTM)
Gross Margin QoQ = 55.64% (prev 52.75%)
Tobins Q-Ratio = -0.10 (set to none) (Enterprise Value -17.53b / 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 = 0.35% (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 = 7.83% (E(7.47b)/V(10.68b) * Re(10.49%) + D(3.21b)/V(10.68b) * Rd(1.87%) * (1-Tc(0.11)))
Discount Rate = 10.49% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -4.79%
[DCF Debug] Terminal Value 78.31% ; FCFF base≈1.14b ; Y1≈1.11b ; Y5≈1.11b
Fair Price DCF = 192.7 (EV 20.27b - Net Debt 1.94b = Equity 18.33b / Shares 95.2m; r=7.83% [WACC]; 5y FCF grow -3.79% → 2.90% )
EPS Correlation: 7.61 | EPS CAGR: 7.68% | SUE: -0.26 | # QB: 0
Revenue Correlation: 88.51 | Revenue CAGR: 11.79% | SUE: 0.63 | # QB: 0
EPS next Quarter (2026-03-31): EPS=2.21 | Chg30d=-0.018 | Revisions Net=-2 | Analysts=9
EPS next Year (2026-12-31): EPS=10.04 | Chg30d=-0.199 | Revisions Net=-8 | Growth EPS=+11.4% | Growth Revenue=+6.0%