Voya Financial, Inc. (VOYA) Stock

Voya Financial, Inc. (VOYA) is a Financials stock trading at $99.09 (as of 2026-08-24), with a market capitalization of $8.98B and a trailing P/E of 13.2. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Voya Financial, Inc. provides retirement, investment, and employee benefit services in the United States. Its segments include Wealth Solutions (employer-sponsored retirement administration and individual retirement and planning products), Investment Management (fixed income, equity, multi-asset, and alternative offerings to individual and institutional investors), and Health Solutions (group insurance and disability-related coverage for mid-sized and large businesses).

Understand Voya Financial, Inc.: how it makes money

Voya Financial provides retirement, investment, and employee-benefits services, earning money through employer-sponsored retirement plan administration and related retail products and advisory services in Wealth Solutions, and through investment management services in its Investment Management business.

The profit model ties together two linked fee streams, Wealth Solutions revenues from administering retirement and delivering retail retirement and planning services, and Investment Management revenues from managing portfolios for clients.

Business quality (Mixed): The business overview is clear, but the provided data does not include usable official segment revenues that sum to the stated total, and there are no provided operating KPIs, limiting visibility into the drivers of quarter-to-quarter performance.

Valuation: At 13× earnings, VOYA trades in line with the Insurance average (13×). Note: one-time items can distort reported P/E.

Bull case

  • Diversified offerings within retirement and investments: Wealth Solutions covers employer-sponsored retirement savings plans and administrative services, plus individual retirement accounts and other retail financial products and services, along with planning and advisory services.
  • Two major business pillars described: The company operates both Wealth Solutions and Investment Management, combining plan and retail advisory activities with investment management services.

Bear case

  • Limited visibility into segment performance from the provided facts: No clean, official segment revenue breakdown was provided that reconciles to the stated total revenue, and there are no operational KPI labels to track near-term drivers.
Valuation — source: SEC EDGAR (first-party)
Price$99.09
Market Cap$8.98B
P/E Ratio13.2
EV / EBITDA9.5
Price / Book1.39
Price / Sales1.09
DCF Value (model)$112.72
DCF Upside vs Price13.8%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$8.19B
Net Margin8.0%
Revenue Growth (YoY)3.1%
EPS Growth (YoY)22.8%
Valuation vs Sector & Industry
Stock P/E13.2
Sector P/E (Financials)15.2
Industry P/E (Insurance)13.1
vs Sector-13.2%
vs Industry1.1%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($818.90M)
Institutional Holders Tracked10
Congressional Trades (recent)4
Company
SectorFinancials
IndustryInsurance
CEOHeather Hamilton Lavallee
Employees10,000
CountryUS
IPO Date2013-05-02

Related Companies (Insurance; 8 comparable insurers)

  • Genworth Financial, Inc. (GNW)
  • Brighthouse Financial, Inc. (BHFAL)
  • Jackson Financial Inc. (JXN)
  • Globe Life Inc. (GL)
  • F&G Annuities & Life, Inc. (FG)
  • Lincoln National Corporation (LNC)
  • Corebridge Financial, Inc. (CRBG)
  • Primerica, Inc. (PRI)
VOYA earnings history · VOYA institutional & insider holders · VOYA KPIs & operating metrics · VOYA financials · VOYA investor presentations & press releases · VOYA SEC filings · VOYA peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-24.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.