VOYA FINANCIAL INC (VOYA) Fundamental Analysis & Valuation

NYSE:VOYA • US9290891004

Current stock price

74.45 USD
+1.64 (+2.25%)
At close:
74.4751 USD
+0.03 (+0.03%)
After Hours:

This VOYA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

4

1. VOYA Profitability Analysis

1.1 Basic Checks

  • VOYA had positive earnings in the past year.
  • VOYA had a positive operating cash flow in the past year.
  • Each year in the past 5 years VOYA has been profitable.
  • Each year in the past 5 years VOYA 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

  • With a Return On Assets value of 0.34%, VOYA is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
  • VOYA's Return On Equity of 12.38% is fine compared to the rest of the industry. VOYA outperforms 63.64% of its industry peers.
  • With a Return On Invested Capital value of 0.55%, VOYA is not doing good in the industry: 62.63% of the companies in the same industry are doing better.
  • VOYA had an Average Return On Invested Capital over the past 3 years of 0.60%. This is significantly below the industry average of 8.00%.
Industry RankSector Rank
ROA 0.34%
ROE 12.38%
ROIC 0.55%
ROA(3y)0.37%
ROA(5y)0.53%
ROE(3y)14.02%
ROE(5y)16.31%
ROIC(3y)0.6%
ROIC(5y)0.76%
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 has a Profit Margin of 7.49%. This is comparable to the rest of the industry: VOYA outperforms 46.46% of its industry peers.
  • In the last couple of years the Profit Margin of VOYA has declined.
  • VOYA has a Operating Margin (13.24%) which is comparable to the rest of the industry.
  • In the last couple of years the Operating Margin of VOYA has grown nicely.
Industry RankSector Rank
OM 13.24%
PM (TTM) 7.49%
GM N/A
OM growth 3Y6.83%
OM growth 5Y10.58%
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

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4

2. VOYA Health Analysis

2.1 Basic Checks

  • VOYA has less shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, VOYA has less shares outstanding
  • The debt/assets ratio for VOYA has been reduced compared to a year ago.
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

  • VOYA has a debt to FCF ratio of 1.63. This is a very positive value and a sign of high solvency as it would only need 1.63 years to pay back of all of its debts.
  • The Debt to FCF ratio of VOYA (1.63) is better than 74.75% 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.
  • With a Debt to Equity ratio value of 0.31, VOYA perfoms like the industry average, outperforming 58.59% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.31
Debt/FCF 1.63
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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5

3. VOYA Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an nice 17.06% over the past year.
  • Measured over the past years, VOYA shows a very strong growth in Earnings Per Share. The EPS has been growing by 22.72% on average per year.
  • Looking at the last year, VOYA shows a small growth in Revenue. The Revenue has grown by 1.73% in the last year.
  • VOYA shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.16% yearly.
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

  • The Earnings Per Share is expected to grow by 10.21% on average over the next years. This is quite good.
  • VOYA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.59% yearly.
EPS Next Y12.92%
EPS Next 2Y13.89%
EPS Next 3Y13.68%
EPS Next 5Y10.21%
Revenue Next Year7.79%
Revenue Next 2Y6.37%
Revenue Next 3Y4.03%
Revenue Next 5Y2.59%

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.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
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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7

4. VOYA Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 8.41, the valuation of VOYA can be described as reasonable.
  • Compared to the rest of the industry, the Price/Earnings ratio of VOYA indicates a somewhat cheap valuation: VOYA is cheaper than 70.71% of the companies listed in the same industry.
  • VOYA's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.87.
  • Based on the Price/Forward Earnings ratio of 7.45, the valuation of VOYA can be described as very cheap.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of VOYA indicates a somewhat cheap valuation: VOYA is cheaper than 77.78% of the companies listed in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 38.51. VOYA is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 8.41
Fwd PE 7.45
VOYA Price Earnings VS Forward Price EarningsVOYA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Price/Free Cash Flow ratio, VOYA is valued cheaply inside the industry as 94.95% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 5.36
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

  • VOYA's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • A more expensive valuation may be justified as VOYA's earnings are expected to grow with 13.68% in the coming years.
PEG (NY)0.65
PEG (5Y)0.37
EPS Next 2Y13.89%
EPS Next 3Y13.68%

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5

5. VOYA Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 2.70%, VOYA has a reasonable but not impressive dividend return.
  • Compared to an average industry Dividend Yield of 1.86, VOYA pays a bit more dividend than its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.82, VOYA pays a bit more dividend than the S&P500 average.
Industry RankSector Rank
Dividend Yield 2.7%

5.2 History

  • The dividend of VOYA is nicely growing with an annual growth rate of 21.52%!
  • VOYA has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)21.52%
Div Incr Years0
Div Non Decr Years0
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

  • VOYA pays out 35.73% of its income as dividend. This is a sustainable payout ratio.
  • VOYA's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP35.73%
EPS Next 2Y13.89%
EPS Next 3Y13.68%
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 Fundamentals: All Metrics, Ratios and Statistics

VOYA FINANCIAL INC

NYSE:VOYA (4/17/2026, 8:04:00 PM)

After market: 74.4751 +0.03 (+0.03%)

74.45

+1.64 (+2.25%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)02-03
Earnings (Next)05-05
Inst Owners109.72%
Inst Owner Change-0.01%
Ins Owners0.28%
Ins Owner Change6.52%
Market Cap6.91B
Revenue(TTM)8.19B
Net Income(TTM)613.00M
Analysts74.44
Price Target85.91 (15.39%)
Short Float %3.24%
Short Ratio2.67
Dividend
Industry RankSector Rank
Dividend Yield 2.7%
Yearly Dividend2.31
Dividend Growth(5Y)21.52%
DP35.73%
Div Incr Years0
Div Non Decr Years0
Ex-Date02-25
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.56%
Min EPS beat(2)-8.48%
Max EPS beat(2)7.36%
EPS beat(4)3
Avg EPS beat(4)10.82%
Min EPS beat(4)-8.48%
Max EPS beat(4)26.21%
EPS beat(8)7
Avg EPS beat(8)15.24%
EPS beat(12)8
Avg EPS beat(12)9.82%
EPS beat(16)12
Avg EPS beat(16)19.54%
Revenue beat(2)2
Avg Revenue beat(2)4.15%
Min Revenue beat(2)1.64%
Max Revenue beat(2)6.67%
Revenue beat(4)2
Avg Revenue beat(4)1.96%
Min Revenue beat(4)-0.25%
Max Revenue beat(4)6.67%
Revenue beat(8)6
Avg Revenue beat(8)4.23%
Revenue beat(12)7
Avg Revenue beat(12)2.73%
Revenue beat(16)8
Avg Revenue beat(16)0.64%
PT rev (1m)-1.04%
PT rev (3m)-0.09%
EPS NQ rev (1m)-0.39%
EPS NQ rev (3m)-3.51%
EPS NY rev (1m)-0.28%
EPS NY rev (3m)-3.95%
Revenue NQ rev (1m)-2.87%
Revenue NQ rev (3m)0.34%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.81%
Valuation
Industry RankSector Rank
PE 8.41
Fwd PE 7.45
P/S 0.84
P/FCF 5.36
P/OCF 5.36
P/B 1.39
P/tB 2.11
EV/EBITDA N/A
EPS(TTM)8.85
EY11.89%
EPS(NY)9.99
Fwd EY13.42%
FCF(TTM)13.89
FCFY18.65%
OCF(TTM)13.89
OCFY18.65%
SpS88.28
BVpS53.4
TBVpS35.31
PEG (NY)0.65
PEG (5Y)0.37
Graham Number103.114 (38.5%)
Profitability
Industry RankSector Rank
ROA 0.34%
ROE 12.38%
ROCE 0.61%
ROIC 0.55%
ROICexc 0.55%
ROICexgc 1.88%
OM 13.24%
PM (TTM) 7.49%
GM N/A
FCFM 15.73%
ROA(3y)0.37%
ROA(5y)0.53%
ROE(3y)14.02%
ROE(5y)16.31%
ROIC(3y)0.6%
ROIC(5y)0.76%
ROICexc(3y)0.61%
ROICexc(5y)0.77%
ROICexgc(3y)1.96%
ROICexgc(5y)2.29%
ROCE(3y)0.67%
ROCE(5y)0.84%
ROICexgc growth 3Y21.24%
ROICexgc growth 5Y21.39%
ROICexc growth 3Y11.47%
ROICexc growth 5Y12.08%
OM growth 3Y6.83%
OM growth 5Y10.58%
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 1.63
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage 9.43
Cash Conversion N/A
Profit Quality 210.11%
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)234.36%
Profit Quality(5y)197.87%
High Growth Momentum
Growth
EPS 1Y (TTM)17.06%
EPS 3Y5.11%
EPS 5Y22.72%
EPS Q2Q%38.57%
EPS Next Y12.92%
EPS Next 2Y13.89%
EPS Next 3Y13.68%
EPS Next 5Y10.21%
Revenue 1Y (TTM)1.73%
Revenue growth 3Y11.41%
Revenue growth 5Y1.16%
Sales Q2Q%5.02%
Revenue Next Year7.79%
Revenue Next 2Y6.37%
Revenue Next 3Y4.03%
Revenue Next 5Y2.59%
EBIT growth 1Y-3.13%
EBIT growth 3Y19.02%
EBIT growth 5Y11.86%
EBIT Next Year5.35%
EBIT Next 3Y4.25%
EBIT Next 5YN/A
FCF growth 1Y-4.24%
FCF growth 3Y-1.6%
FCF growth 5Y-1.11%
OCF growth 1Y-4.24%
OCF growth 3Y-1.6%
OCF growth 5Y-1.11%

VOYA FINANCIAL INC / VOYA Fundamental Analysis FAQ

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

ChartMill assigns a fundamental rating of 5 / 10 to VOYA.


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

ChartMill assigns a valuation rating of 7 / 10 to VOYA FINANCIAL INC (VOYA). This can be considered as Undervalued.


How profitable is VOYA FINANCIAL INC (VOYA) stock?

VOYA FINANCIAL INC (VOYA) has a profitability rating of 4 / 10.


What is the valuation of VOYA FINANCIAL INC based on its PE and PB ratios?

The Price/Earnings (PE) ratio for VOYA FINANCIAL INC (VOYA) is 8.41 and the Price/Book (PB) ratio is 1.39.


What is the earnings growth outlook for VOYA FINANCIAL INC?

The Earnings per Share (EPS) of VOYA FINANCIAL INC (VOYA) is expected to grow by 12.92% in the next year.