Complete financial analysis of Voya Financial, Inc. (VOYA) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Voya Financial, Inc., a leading company in the Financial – Conglomerates industry within the Financial Services sector.
You may be interested
- Citizens Financial Group, Inc. (CFG-PE) Income Statement Analysis – Financial Results
- NSTS Bancorp, Inc. (NSTS) Income Statement Analysis – Financial Results
- ACI Infocom Limited (ACIIN.BO) Income Statement Analysis – Financial Results
- Shinsung Delta Tech Co.,Ltd. (065350.KQ) Income Statement Analysis – Financial Results
- VG Acquisition Corp. (VGAC) Income Statement Analysis – Financial Results
Voya Financial, Inc. (VOYA)
About Voya Financial, Inc.
Voya Financial, Inc. operates as a retirement, investment, and employee benefits company in the United States. The company's Wealth Solutions segment offers tax-deferred employer-sponsored retirement savings plans and administrative services; and individual retirement accounts, and other retail financial products and services, as well as financial planning and advisory services. This segment serves corporate, education, healthcare, and other non-profit and government entities, as well as institutional and individual customers. Its Investment Management segment provides fixed income, equity, multi-asset, and alternative products and solutions to individual investors and institutional clients through its direct sales force, consultant channel, banks, broker-dealers, and independent financial advisers. The company's Health Solutions segment offers stop loss, group life, voluntary employee-paid, and disability products through consultants, brokers, third-party administrators, enrollment firms, and technology partners to mid-sized and large businesses. The company was formerly known as ING U.S., Inc. and changed its name to Voya Financial, Inc. in April 2014. Voya Financial, Inc. was incorporated in 1999 and is based in New York, New York.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7.35B | 5.90B | 3.25B | 7.40B | 7.33B | 8.22B | 8.62B | 10.78B | 11.34B | 11.07B | 8.76B | 9.62B | 9.72B | 9.27B | 9.36B |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 7.35B | 5.90B | 3.25B | 7.40B | 7.33B | 8.22B | 8.62B | 10.78B | 11.34B | 11.07B | 8.76B | 9.62B | 9.72B | 9.27B | 9.36B |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 1.97B | 2.15B | 2.04B | 2.18B | 2.20B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 772.00M | 540.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 0.00 | 2.54B | 2.57B | 2.65B | 2.75B | 2.69B | 2.04B | 2.18B | 2.20B | 3.56B | 2.69B | 3.16B | 3.03B | 3.03B | 3.35B |
| Other Expenses | 7.21B | 2.54B | -1.80B | -7.94B | -11.10B | 4.49B | 4.81B | 6.60B | 6.04B | 6.62B | 5.31B | 5.85B | -12.46B | -11.88B | -13.23B |
| Operating Expenses | 7.21B | 2.54B | -1.80B | -7.94B | -8.35B | 6.64B | 6.84B | 8.78B | 8.24B | 10.19B | 8.00B | 9.01B | -9.42B | -8.84B | -9.88B |
| Cost & Expenses | 7.21B | 5.47B | 472.00M | 7.04B | 6.77B | 7.61B | 8.09B | 11.40B | 10.76B | 10.29B | 8.00B | 9.01B | 9.44B | 9.24B | 10.47B |
| Interest Income | 0.00 | 183.00M | 224.00M | 186.00M | 212.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 298.00M | 134.00M | 186.00M | 159.00M | 176.00M | 221.00M | 264.00M | 389.90M | 468.70M | 399.20M | 365.40M | 260.10M | 207.70M | 382.30M | 385.50M |
| Depreciation & Amortization | 262.00M | 21.00M | 46.00M | 55.00M | 60.00M | 61.00M | 35.00M | 88.00M | 92.50M | 90.60M | 85.40M | 90.50M | 96.00M | 98.70M | 104.00M |
| EBITDA | 991.00M | 629.00M | 3.02B | 584.00M | 765.00M | 811.00M | 823.00M | 498.00M | 1.54B | 2.18B | 1.21B | 956.70M | 390.60M | 410.50M | -619.10M |
| EBITDA Ratio | 13.49% | 10.83% | 44.60% | -7.42% | -13.92% | 14.50% | -23.07% | -1.43% | 8.95% | 9.37% | 11.63% | 8.51% | 4.02% | 5.71% | -4.40% |
| Operating Income | 729.00M | 716.00M | 1.45B | -549.00M | -1.02B | 1.19B | -212.00M | -252.80M | 922.90M | 946.70M | 933.40M | 727.90M | 294.60M | 430.40M | -515.70M |
| Operating Income Ratio | 9.92% | 12.14% | 44.60% | -7.42% | -13.92% | 14.50% | -2.46% | -2.34% | 8.14% | 8.55% | 10.66% | 7.57% | 3.03% | 4.64% | -5.51% |
| Total Other Income/Expenses | -51.00M | -3.06B | -98.00M | -18.00M | -4.35B | -4.03B | 740.00M | 0.00 | 81.50M | -83.70M | -5.31B | -373.50M | -16.80M | -490.60M | -1.11B |
| Income Before Tax | 678.00M | 428.00M | 2.78B | 352.00M | 560.00M | 610.00M | 528.00M | -613.40M | 584.50M | 785.20M | 758.10M | 606.00M | 277.80M | 37.80M | -1.11B |
| Income Before Tax Ratio | 9.23% | 7.25% | 85.47% | 4.76% | 7.64% | 7.42% | 6.13% | -5.69% | 5.15% | 7.09% | 8.66% | 6.30% | 2.86% | 0.41% | -11.84% |
| Income Tax Expense | -51.00M | -5.00M | -98.00M | -18.00M | -205.00M | 55.00M | 740.00M | -214.70M | 45.90M | -1.75B | -32.50M | -5.20M | 175.00M | 171.00M | -298.00M |
| Net Income | 625.00M | 510.00M | 2.37B | 370.00M | 765.00M | 875.00M | -2.99B | -428.00M | 408.30M | 2.30B | 600.50M | 473.00M | -88.10M | -122.90M | -603.20M |
| Net Income Ratio | 8.51% | 8.64% | 72.95% | 5.00% | 10.43% | 10.64% | -34.72% | -3.97% | 3.60% | 20.77% | 6.86% | 4.92% | -0.91% | -1.33% | -6.44% |
| EPS | 5.11 | 4.71 | 17.81 | 2.90 | 5.43 | 5.36 | -16.26 | -2.13 | 1.81 | 9.07 | 2.39 | 1.84 | -0.34 | -0.48 | -2.35 |
| EPS Diluted | 5.41 | 4.30 | 16.52 | 2.90 | 5.43 | 5.20 | -16.25 | -2.11 | 1.80 | 9.00 | 2.38 | 1.84 | -0.34 | -0.48 | -2.35 |
| Weighted Avg Shares Out | 115.31M | 100.70M | 116.70M | 127.40M | 141.00M | 163.20M | 184.04M | 200.80M | 225.40M | 253.10M | 250.60M | 256.67M | 256.67M | 256.67M | 256.67M |
| Weighted Avg Shares Out (Dil) | 108.80M | 110.20M | 125.80M | 127.40M | 141.00M | 168.20M | 184.10M | 202.70M | 227.40M | 255.10M | 251.80M | 256.67M | 256.67M | 256.67M | 256.67M |
Voya Financial (VOYA) Q1 Earnings Surpass, Premiums Rise Y/Y
Voya Financial's (VOYA) Q1 results reflect an improvement in premiums and solid performances across most of its segments, offset by lower investment income and higher expenses.
Voya (VOYA) Reports Q1 Earnings: What Key Metrics Have to Say
The headline numbers for Voya (VOYA) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Voya Financial (VOYA) Q1 Earnings and Revenues Surpass Estimates
Voya Financial (VOYA) came out with quarterly earnings of $1.88 per share, beating the Zacks Consensus Estimate of $1.58 per share. This compares to earnings of $1.69 per share a year ago.
Voya Financial announces first-quarter 2024 results
NEW YORK--(BUSINESS WIRE)--Voya Financial, Inc. (NYSE: VOYA), announced today its first-quarter 2024 financial results: First-quarter 2024 net income available to common shareholders of $234 million, or $2.24 per diluted share, and after-tax adjusted operating earnings1 of $185 million, or $1.77...
Voya Financial declares common and preferred stock dividends
NEW YORK--(BUSINESS WIRE)--Voya Financial, Inc. (NYSE: VOYA), announced today that its board of directors has declared a common stock dividend of $0.40 per share for the second quarter of 2024. The common stock dividend is payable on June 26, 2024,...
Analysts Estimate Voya Financial (VOYA) to Report a Decline in Earnings: What to Look Out for
Voya (VOYA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Voya Increases Distribution Rate on 5 Funds
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced an increase in the distribution rate on five funds: Voya Global Advantage and Premium Opportunity Fund (NYSE: IGA), Voya Global Equity Dividend and Premium...
New research from Voya and Easterseals finds veterans with disabilities experience gaps in their workplace benefits
NEW YORK--(BUSINESS WIRE)--New research from Easterseals — one of the nation's leading disability and community services providers — and Voya Cares® — which provides resources, thought leadership and advocacy for disability inclusion, was released today. The results of this new...
Voya Financial schedules announcement of first-quarter 2024 results
NEW YORK--(BUSINESS WIRE)---- $VOYA--Voya Financial, Inc. (NYSE: VOYA), announced today that it will host a webcast and conference call for its first-quarter 2024 financial results on Wednesday, May 1, 2024, from 10 a.m. to 11 a.m. ET. Voya will issue...
Voya expands nonqualified deferred compensation offering with new ‘Business-ready' solution for smaller-sized businesses
WINDSOR, Conn.--(BUSINESS WIRE)--Voya Financial, Inc. (NYSE: VOYA), announced today the launch of “Business-ready” — the latest addition to the firm's comprehensive lineup of nonqualified deferred compensation (NQDC) solutions. As a differentiated market offering, Business-ready provides a more simplified NQDC offering...
Source: https://incomestatements.info
Category: Stock Reports