VOYA FINANCIAL INC (VOYA) Stock Fundamental Analysis

NYSE:VOYA • US9290891004

74.72 USD
+0.3 (+0.4%)
At close: Feb 20, 2026
74.49 USD
-0.23 (-0.31%)
After Hours: 2/20/2026, 8:09:44 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

Taking everything into account, VOYA scores 4 out of 10 in our fundamental rating. VOYA was compared to 98 industry peers in the Financial Services industry. VOYA has a bad profitability rating. Also its financial health evaluation is rather negative. VOYA has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • In the past year VOYA was profitable.
  • VOYA had a positive operating cash flow in the past year.
  • VOYA had positive earnings in each of the past 5 years.
  • Of the past 5 years VOYA 4 years had a positive operating cash flow.
VOYA Yearly Net Income VS EBIT VS OCF VS FCFVOYA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B

1.2 Ratios

  • The Return On Assets of VOYA (0.32%) is worse than 64.95% of its industry peers.
  • Looking at the Return On Equity, with a value of 11.50%, VOYA is in the better half of the industry, outperforming 63.92% of the companies in the same industry.
  • VOYA has a Return On Invested Capital of 0.55%. This is in the lower half of the industry: VOYA underperforms 61.86% of its industry peers.
  • VOYA had an Average Return On Invested Capital over the past 3 years of 0.58%. This is significantly below the industry average of 8.38%.
Industry RankSector Rank
ROA 0.32%
ROE 11.5%
ROIC 0.55%
ROA(3y)0.37%
ROA(5y)0.53%
ROE(3y)14.02%
ROE(5y)16.31%
ROIC(3y)0.58%
ROIC(5y)0.75%
VOYA Yearly ROA, ROE, ROICVOYA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 20 -20

1.3 Margins

  • VOYA's Profit Margin of 7.05% is in line compared to the rest of the industry. VOYA outperforms 46.39% of its industry peers.
  • In the last couple of years the Profit Margin of VOYA has declined.
  • VOYA has a Operating Margin (13.28%) which is comparable to the rest of the industry.
  • VOYA's Operating Margin has improved in the last couple of years.
Industry RankSector Rank
OM 13.28%
PM (TTM) 7.05%
GM N/A
OM growth 3Y2.37%
OM growth 5Y7.79%
PM growth 3Y-2.21%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
VOYA Yearly Profit, Operating, Gross MarginsVOYA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40 -40 60

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. Health

2.1 Basic Checks

  • VOYA has less shares outstanding than it did 1 year ago.
  • The number of shares outstanding for VOYA has been reduced compared to 5 years ago.
  • VOYA has a better debt/assets ratio than last year.
VOYA Yearly Shares OutstandingVOYA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M
VOYA Yearly Total Debt VS Total AssetsVOYA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50B 100B 150B 200B

2.2 Solvency

  • The Debt to FCF ratio of VOYA is 2.60, which is a good value as it means it would take VOYA, 2.60 years of fcf income to pay off all of its debts.
  • VOYA has a Debt to FCF ratio of 2.60. This is in the better half of the industry: VOYA outperforms 70.10% of its industry peers.
  • VOYA has a Debt/Equity ratio of 0.31. This is a healthy value indicating a solid balance between debt and equity.
  • Looking at the Debt to Equity ratio, with a value of 0.31, VOYA is in line with its industry, outperforming 57.73% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.31
Debt/FCF 2.6
Altman-Z N/A
ROIC/WACCN/A
WACCN/A
VOYA Yearly LT Debt VS Equity VS FCFVOYA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
VOYA Yearly Current Assets VS Current LiabilitesVOYA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M 500M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an nice 17.06% over the past year.
  • VOYA shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 22.72% yearly.
  • VOYA shows a small growth in Revenue. In the last year, the Revenue has grown by 1.73%.
  • The Revenue has been growing slightly by 1.16% on average over the past years.
EPS 1Y (TTM)17.06%
EPS 3Y5.11%
EPS 5Y22.72%
EPS Q2Q%38.57%
Revenue 1Y (TTM)1.73%
Revenue growth 3Y11.41%
Revenue growth 5Y1.16%
Sales Q2Q%5.02%

3.2 Future

  • Based on estimates for the next years, VOYA will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.10% on average per year.
  • Based on estimates for the next years, VOYA will show a small growth in Revenue. The Revenue will grow by 2.52% on average per year.
EPS Next Y16.05%
EPS Next 2Y14.44%
EPS Next 3Y12.18%
EPS Next 5Y10.1%
Revenue Next Year7.33%
Revenue Next 2Y6.18%
Revenue Next 3Y3.16%
Revenue Next 5Y2.52%

3.3 Evolution

  • The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
VOYA Yearly Revenue VS EstimatesVOYA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2B 4B 6B 8B
VOYA Yearly EPS VS EstimatesVOYA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2 4 6 8 10

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Find the best growth stocksShow best growing peers

6

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 8.44, the valuation of VOYA can be described as very reasonable.
  • VOYA's Price/Earnings ratio is a bit cheaper when compared to the industry. VOYA is cheaper than 69.07% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 26.99. VOYA is valued rather cheaply when compared to this.
  • A Price/Forward Earnings ratio of 7.27 indicates a rather cheap valuation of VOYA.
  • 76.29% of the companies in the same industry are more expensive than VOYA, based on the Price/Forward Earnings ratio.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 28.06, VOYA is valued rather cheaply.
Industry RankSector Rank
PE 8.44
Fwd PE 7.27
VOYA Price Earnings VS Forward Price EarningsVOYA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Based on the Price/Free Cash Flow ratio, VOYA is valued a bit cheaper than 77.32% of the companies in the same industry.
Industry RankSector Rank
P/FCF 8.67
EV/EBITDA N/A
VOYA Per share dataVOYA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • VOYA's earnings are expected to grow with 12.18% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.53
PEG (5Y)0.37
EPS Next 2Y14.44%
EPS Next 3Y12.18%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. Dividend

5.1 Amount

  • VOYA has a Yearly Dividend Yield of 2.49%. Purely for dividend investing, there may be better candidates out there.
  • VOYA's Dividend Yield is a higher than the industry average which is at 2.16.
  • VOYA's Dividend Yield is a higher than the S&P500 average which is at 1.81.
Industry RankSector Rank
Dividend Yield 2.49%

5.2 History

  • The dividend of VOYA is nicely growing with an annual growth rate of 33.28%!
  • VOYA has been paying a dividend for at least 10 years, so it has a reliable track record.
  • VOYA has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)33.28%
Div Incr Years4
Div Non Decr Years4
VOYA Yearly Dividends per shareVOYA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5 2

5.3 Sustainability

  • 38.07% of the earnings are spent on dividend by VOYA. This is a low number and sustainable payout ratio.
  • VOYA's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP38.07%
EPS Next 2Y14.44%
EPS Next 3Y12.18%
VOYA Yearly Income VS Free CF VS DividendVOYA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B
VOYA Dividend Payout.VOYA Dividend Payout, showing the Payout Ratio.VOYA Dividend Payout.PayoutRetained Earnings

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VOYA FINANCIAL INC

NYSE:VOYA (2/20/2026, 8:09:44 PM)

After market: 74.49 -0.23 (-0.31%)

74.72

+0.3 (+0.4%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)02-03
Earnings (Next)05-04
Inst Owners109.71%
Inst Owner Change-1.49%
Ins Owners0.22%
Ins Owner Change7.23%
Market Cap7.02B
Revenue(TTM)8.19B
Net Income(TTM)570.00M
Analysts74.12
Price Target88.29 (18.16%)
Short Float %2.2%
Short Ratio2.24
Dividend
Industry RankSector Rank
Dividend Yield 2.49%
Yearly Dividend2.14
Dividend Growth(5Y)33.28%
DP38.07%
Div Incr Years4
Div Non Decr Years4
Ex-Date02-25
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)12.77%
Min EPS beat(2)7.36%
Max EPS beat(2)18.18%
EPS beat(4)4
Avg EPS beat(4)29.19%
Min EPS beat(4)7.36%
Max EPS beat(4)65.03%
EPS beat(8)7
Avg EPS beat(8)14.8%
EPS beat(12)9
Avg EPS beat(12)13.7%
EPS beat(16)13
Avg EPS beat(16)21.49%
Revenue beat(2)1
Avg Revenue beat(2)3.23%
Min Revenue beat(2)-0.2%
Max Revenue beat(2)6.67%
Revenue beat(4)2
Avg Revenue beat(4)2.68%
Min Revenue beat(4)-0.25%
Max Revenue beat(4)6.67%
Revenue beat(8)6
Avg Revenue beat(8)4.49%
Revenue beat(12)6
Avg Revenue beat(12)2.31%
Revenue beat(16)8
Avg Revenue beat(16)0.93%
PT rev (1m)2.68%
PT rev (3m)2.68%
EPS NQ rev (1m)-0.78%
EPS NQ rev (3m)-7.18%
EPS NY rev (1m)-1.28%
EPS NY rev (3m)-2.15%
Revenue NQ rev (1m)5.7%
Revenue NQ rev (3m)5.43%
Revenue NY rev (1m)1.23%
Revenue NY rev (3m)1.15%
Valuation
Industry RankSector Rank
PE 8.44
Fwd PE 7.27
P/S 0.87
P/FCF 8.67
P/OCF 8.67
P/B 1.42
P/tB 2.12
EV/EBITDA N/A
EPS(TTM)8.85
EY11.84%
EPS(NY)10.27
Fwd EY13.75%
FCF(TTM)8.62
FCFY11.53%
OCF(TTM)8.62
OCFY11.53%
SpS86.04
BVpS52.73
TBVpS35.28
PEG (NY)0.53
PEG (5Y)0.37
Graham Number102.47
Profitability
Industry RankSector Rank
ROA 0.32%
ROE 11.5%
ROCE 0.61%
ROIC 0.55%
ROICexc 0.55%
ROICexgc 1.88%
OM 13.28%
PM (TTM) 7.05%
GM N/A
FCFM 10.01%
ROA(3y)0.37%
ROA(5y)0.53%
ROE(3y)14.02%
ROE(5y)16.31%
ROIC(3y)0.58%
ROIC(5y)0.75%
ROICexc(3y)0.59%
ROICexc(5y)0.75%
ROICexgc(3y)1.92%
ROICexgc(5y)2.27%
ROCE(3y)0.65%
ROCE(5y)0.83%
ROICexgc growth 3Y18.92%
ROICexgc growth 5Y19.99%
ROICexc growth 3Y6.82%
ROICexc growth 5Y9.25%
OM growth 3Y2.37%
OM growth 5Y7.79%
PM growth 3Y-2.21%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.05
Health
Industry RankSector Rank
Debt/Equity 0.31
Debt/FCF 2.6
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage 250
Cash Conversion N/A
Profit Quality 142.1%
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)17.06%
EPS 3Y5.11%
EPS 5Y22.72%
EPS Q2Q%38.57%
EPS Next Y16.05%
EPS Next 2Y14.44%
EPS Next 3Y12.18%
EPS Next 5Y10.1%
Revenue 1Y (TTM)1.73%
Revenue growth 3Y11.41%
Revenue growth 5Y1.16%
Sales Q2Q%5.02%
Revenue Next Year7.33%
Revenue Next 2Y6.18%
Revenue Next 3Y3.16%
Revenue Next 5Y2.52%
EBIT growth 1Y-5.79%
EBIT growth 3Y14.05%
EBIT growth 5Y9.04%
EBIT Next Year5.35%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-50.31%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-50.31%
OCF growth 3YN/A
OCF growth 5YN/A

VOYA FINANCIAL INC / VOYA FAQ

What is the ChartMill fundamental rating of VOYA FINANCIAL INC (VOYA) stock?

ChartMill assigns a fundamental rating of 4 / 10 to VOYA.


What is the valuation status of VOYA FINANCIAL INC (VOYA) stock?

ChartMill assigns a valuation rating of 6 / 10 to VOYA FINANCIAL INC (VOYA). This can be considered as Fairly Valued.


Can you provide the profitability details for VOYA FINANCIAL INC?

VOYA FINANCIAL INC (VOYA) has a profitability rating of 3 / 10.


What is the financial health of VOYA FINANCIAL INC (VOYA) stock?

The financial health rating of VOYA FINANCIAL INC (VOYA) is 3 / 10.


What is the expected EPS growth for VOYA FINANCIAL INC (VOYA) stock?

The Earnings per Share (EPS) of VOYA FINANCIAL INC (VOYA) is expected to grow by 16.05% in the next year.