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Companies / Financials / Voya Financial, Inc.
VOYA

Voya Financial, Inc.

FinancialsLife Insurance
Ticker VOYANEW YORK, NYFiscal year ends DecemberBook value per share $50.16Diluted shares 93.4M

Voya Financial, Inc. operates as a leading provider of workplace benefits and savings solutions, retirement administration technology, and international asset management services. The company serves approximately 18 million individual customer relationships and more than 50,000 employer and institutional client… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$8.19B
+1.7% year over year
Last 12 mo $8.17B
0.00%
$733.00M
−1.2% year over year
13.20%
−3.5 percentage points
Last 12 mo 12.98%
Cash & financing
$1.29B
−4.2% year over year
Last 12 mo $1.19B
$1.29B
−4.2% year over year
Last 12 mo $1.19B
0.42
Was 0.62× a year earlier
Last 12 mo 0.45
97.5M
−3.9% year over year
Last 12 mo 93.4M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Voya Financial, Inc. does

In the company’s own words

Voya Financial, Inc. operates as a leading provider of workplace benefits and savings solutions, retirement administration technology, and international asset management services. The company serves approximately 18 million individual customer relationships and more than 50,000 employer and institutional client relationships across its three primary business segments: Retirement, Investment Management, and Employee Benefits.

The Retirement segment generates the largest portion of revenue and manages approximately $796.5 billion in assets under management and administration as of December 31, 2025. This division provides retirement plan solutions and administration technology to approximately 45,000 U.S. employers, serving nearly 10 million participant accounts through full-service plans, recordkeeping services, and stable value investment options. The segment also operates a Wealth Management business offering advisory services, IRAs, and financial planning through Voya Financial Advisors, a registered investment advisor and broker-dealer.

The Investment Management segment manages $360.1 billion in assets for institutional and individual investors, with particular strength in fixed income, private assets, and alternative strategies. This division operates as a leading international asset manager with significant distribution capabilities in Europe and Asia, enhanced through a strategic partnership with Allianz Global Investors where Allianz holds a 24% equity interest in the investment management entity.

The Employee Benefits segment provides supplemental health insurance, group life and disability coverage, stop-loss insurance, and benefits administration services through the Benefitfocus platform, which serves approximately 12.2 million employees. The company ranks third among direct providers of stop-loss coverage with approximately $1.6 billion in in-force premiums.

Voya employs approximately 11,000 people across the United States and maintains a global services capability center in India. The company was spun off from ING Groep N.V. and became a public company in May 2013. Recent strategic acquisitions include the full-service retirement plan business of OneAmerica Financial completed in January 2025. The company maintains its website at www.voya.com and generated $1.038 billion in adjusted operating earnings before income taxes for the year ended December 31, 2025.

Company details
Sector
Financials
Industry (SIC)
Life Insurance
Headquarters
NEW YORK, NY
Fiscal year end
December
CIK
1535929
SIC
6311

Financial performance, year by year

Fiscal 2013–2025 · USD
$-4.21B$34.64M$4.27B$8.51B$12.75B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Voya Financial, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

452
funds hold it
0 of 35
superinvestors hold it
$4.07B
held by funds, at market
51.8%
of shares held by funds
8
bond issues held by funds

Largest fund holders · Voya Financial, Inc.’s weight in each

iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.23%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
VANGUARD WINDSOR FUND
VWNDX · VANGUARD WINDSOR FUNDS
—of fund net assets
T. Rowe Price Mid-Cap Value Fund, Inc.
TRMCX · T. ROWE PRICE MID-CAP VALUE FUND, INC.
1.41%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.10%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Voya Financial, Inc.’s bonds, as funds hold them

Funds report holding 8 issues of Voya Financial, Inc.’s debt, $506.30M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.77%, maturing 2026 to 2048.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Voya Financial, Inc. and its peers compare on margins and cash generation over ten years?”
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