Voya Financial, Inc. (VOYA) is a publicly traded company in the Financial Services — Insurance - Life industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Voya Financial, Inc. provides workplace benefits, and savings solutions and technologies in the United States and internationally. The company operates through three segments: Retirement, Investment Management and Employee Benefits.
Is Voya Financial, Inc. stock overvalued or undervalued in 2026?
As of October 2, 2026, Voya Financial, Inc. (VOYA) trades at 11.7× earnings (P/E), against a median of 12.9× across the 335 insurance companies above $2bn in Kaplio's universe. Kaplio's verdict: justified. At a P/B justified by its ROE del 13,2 % (1.5×) $101 (+4 %); at its peers' median (1.8×) $123 (+27 %).
Kaplio overview: Voya Financial, Inc.
Market cap $9B · 52 weeks $66 – $105 (6 % below the high) · P/E 11.7× · 2027 expected P/E 8.5× · Dividend 3.1 % · 7 years rising · Next earnings November 2, 2026 · expected EPS $2.56 · Price as of Oct 2 · accounts published Aug 4.
- Valuation: P/B 1.4× (justified).
- Business: 5-year op. margin 19.1 % (excellent).
- Balance sheet: Debt/Equity 0.42 (fragile).
- Earnings: 5 of 8 (uneven).
What would it be worth at its usual multiples?
At a P/B justified by its ROE del 13,2 % (1.5×) $101 (+4 %); at its peers' median (1.8×) $123 (+27 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in insurance: 2 of 5 pass
- Book Value / Share growth −3.5 %, fails.
- Debt / Equity 0.42, fails.
- Dividend growth streak 7 años, fails.
- Op Margin 5y (Combined Ratio proxy) 19.1 %, passes.
- P/B (Price / Book) 1.4×, passes.
Against its peers (reference peers) — Voya Financial, Inc.: P/E 11.7×; P/B 1.4×; ROE 13.2 %; $8.8B. FirstCash Holdings, Inc (P/E 24.0×; P/B 4.0×; ROE 17.1 %; $9.0B), Commerce Bancshares, Inc. (P/E 13.4×; P/B 1.8×; ROE 14.4 %; $8.1B), Janus Henderson Group plc (P/E 10.2×; P/B 1.5×; ROE 15.1 %; $8.0B).
Expensive or cheap against its last ten fiscal years?
Precio / valor contable at each close: today 1.4× · median 0.8× · minimum 0.4× · maximum 1.6× · cheap below 0.8× · expensive above 1.2×. It has been cheaper than today 94% of the time over its last ten fiscal years.
Dividend
solid · Yield 3.06 % ($2.28 per share in 2025) · Years raising it 7 · 5-year growth +21 % a year · Free cash flow coverage payout 34 % · With $1,000 invested today you'd collect $30.60 a year ($2.55 a month).
Profitability
| Return on Equity | 13.20% |
| Return on Invested Capital | 0.13% |
| Return on Assets | 0.37% |
| Gross Margin | 51.84% |
| Operating Margin | 3.48% |
| Net Margin | 8.72% |
Financial Health
| Debt / Equity | 0.42 |
| Current Ratio | 20.38 |
| Piotroski F-Score | 6 |
| Altman Z-Score | 0.16 |
Price Performance
| 1 month | -5.75% |
| 3 months | +1.99% |
| Year-to-date | +31.70% |
| 1 year | +30.05% |
| 3 years | +48.97% |
| 5 years | +51.06% |
Dividend History
Paid in the last 12 months: $1.8800 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-08-26 | $0.4700 |
| 2026-05-26 | $0.4700 |
| 2026-02-25 | $0.4700 |
| 2025-11-26 | $0.4700 |
| 2025-08-26 | $0.4500 |
| 2025-05-27 | $0.4500 |
| 2025-02-25 | $0.4500 |
| 2024-11-26 | $0.4500 |
| 2024-08-27 | $0.4500 |
| 2024-05-24 | $0.4000 |
Amounts adjusted for stock splits.
Related companies: AMG · ATCO · BOKF · CBSH · FCFS
Explore sector: Financial Services · Insurance - Life
More sections of VOYA: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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