(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 | 4.53% |
| Yield CAGR 5y | 27.21% |
| Payout Consistency | 95.0% |
| Payout Ratio | 22.2% |
| Risk 5d forecast | |
|---|---|
| Volatility | 28.2% |
| Relative Tail Risk | -2.00% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.28 |
| Alpha | -8.00 |
| Character TTM | |
|---|---|
| Beta | 1.243 |
| Beta Downside | 1.427 |
| Drawdowns 3y | |
|---|---|
| Max DD | 34.55% |
| CAGR/Max DD | 0.07 |
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) 3.5
| Net Income: 654.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.00 > 0.02 and ΔFCF/TA -0.41 > 1.0 |
| NWC/Revenue: 151.5% < 20% (prev 454.4%; Δ -303.0% < -1%) |
| CFO/TA 0.00 > 3% & CFO 731.0m > Net Income 654.0m |
| Net Debt (876.0m) to EBITDA (261.0m): 3.36 < 3 |
| Current Ratio: 20.38 > 1.5 & < 3 |
| Outstanding Shares: last quarter (97.0m) vs 12m ago -2.02% < -2% |
| Gross Margin: 51.84% > 18% (prev 0.48%; Δ 5136 % > 0.5%) |
| Asset Turnover: 4.37% > 50% (prev 4.91%; Δ -0.54% > 0%) |
| Interest Coverage Ratio: 1.35 > 6 (EBITDA TTM 261.0m / Interest Expense TTM 193.0m) |
Altman Z'' 0.45
| A: 0.06 (Total Current Assets 11.94b - Total Current Liabilities 586.0m) / Total Assets 178.86b |
| B: 0.01 (Retained Earnings 1.39b / Total Assets 178.86b) |
| C: 0.00 (EBIT TTM 261.0m / Avg Total Assets 171.37b) |
| D: -0.00 (Book Value of Equity -395.0m / Total Liabilities 171.82b) |
| Altman-Z'' Score: 0.45 = B |
What is the price of VOYA shares?
Over the past week, the price has changed by -1.37%, over one month by -3.00%, over three months by +8.23% and over the past year by +8.72%.
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 | 85.5 | 11.9% |
| Analysts Target Price | 85.5 | 11.9% |
| ValueRay Target Price | 81.3 | 6.4% |
VOYA Fundamental Data Overview February 08, 2026
P/E Forward = 7.3746
P/S = 0.882
P/B = 1.4405
P/EG = 1.19
Revenue TTM = 7.50b USD
EBIT TTM = 261.0m USD
EBITDA TTM = 261.0m USD
Long Term Debt = 2.62b USD (from longTermDebt, two quarters ago)
Short Term Debt = 586.0m USD (from shortTermDebt, last quarter)
Debt = 2.10b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 876.0m USD (from netDebt column, last quarter)
Enterprise Value = 8.10b USD (7.22b + Debt 2.10b - CCE 1.23b)
Interest Coverage Ratio = 1.35 (Ebit TTM 261.0m / Interest Expense TTM 193.0m)
EV/FCF = 11.08x (Enterprise Value 8.10b / FCF TTM 731.0m)
FCF Yield = 9.03% (FCF TTM 731.0m / Enterprise Value 8.10b)
FCF Margin = 9.75% (FCF TTM 731.0m / Revenue TTM 7.50b)
Net Margin = 8.72% (Net Income TTM 654.0m / Revenue TTM 7.50b)
Gross Margin = 51.84% ((Revenue TTM 7.50b - Cost of Revenue TTM 3.61b) / Revenue TTM)
Gross Margin QoQ = 46.54% (prev 55.64%)
Tobins Q-Ratio = 0.05 (Enterprise Value 8.10b / Total Assets 178.86b)
Interest Expense / Debt = 1.81% (Interest Expense 38.0m / Debt 2.10b)
Taxrate = 11.83% (20.0m / 169.0m)
NOPAT = 230.1m (EBIT 261.0m * (1 - 11.83%))
Current Ratio = 20.38 (Total Current Assets 11.94b / Total Current Liabilities 586.0m)
Debt / Equity = 0.42 (Debt 2.10b / totalStockholderEquity, last quarter 4.95b)
Debt / EBITDA = 3.36 (Net Debt 876.0m / EBITDA 261.0m)
Debt / FCF = 1.20 (Net Debt 876.0m / FCF TTM 731.0m)
Total Stockholder Equity = 4.73b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.38% (Net Income 654.0m / Total Assets 178.86b)
RoE = 13.83% (Net Income TTM 654.0m / Total Stockholder Equity 4.73b)
RoCE = 3.55% (EBIT 261.0m / Capital Employed (Equity 4.73b + L.T.Debt 2.62b))
RoIC = 2.94% (NOPAT 230.1m / Invested Capital 7.84b)
WACC = 8.48% (E(7.22b)/V(9.33b) * Re(10.49%) + D(2.10b)/V(9.33b) * Rd(1.81%) * (1-Tc(0.12)))
Discount Rate = 10.49% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -4.18%
[DCF Debug] Terminal Value 75.91% ; FCFF base≈976.6m ; Y1≈950.1m ; Y5≈952.3m
Fair Price DCF = 154.4 (EV 15.39b - Net Debt 876.0m = Equity 14.51b / Shares 94.0m; r=8.48% [WACC]; 5y FCF grow -3.79% → 2.90% )
EPS Correlation: 7.61 | EPS CAGR: 7.68% | SUE: -0.26 | # QB: 0
Revenue Correlation: 53.07 | Revenue CAGR: -1.59% | SUE: -1.11 | # QB: 0
EPS next Quarter (2026-03-31): EPS=2.18 | Chg30d=-0.052 | Revisions Net=-2 | Analysts=9
EPS current Year (2026-12-31): EPS=9.89 | Chg30d=-0.302 | Revisions Net=-8 | Growth EPS=+11.8% | Growth Revenue=+0.1%
EPS next Year (2027-12-31): EPS=11.33 | Chg30d=-0.014 | Revisions Net=-1 | Growth EPS=+14.5% | Growth Revenue=+4.2%