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.

Voya Financial, Inc.

VFI SLK

Benefitfocus

Voya Investment Management

Voya India

Voya Financial, Inc. (NYSE: VOYA), is a leading health, wealth and investment company with 7,200 employees who are focused on achieving Voya’s aspirational vision: Clearing your path to financial confidence and a more fulfilling life. Through products, solutions and technologies, Voya helps its 14.3 million individual, workplace and institutional clients become well planned, well invested and well protected. Benefitfocus, a newly joined Voya company, extends the reach of Voya’s workplace benefits and savings offerings by providing benefits administration capabilities to 16.5 million individual subscription employees across employer and health plan clients. Certified as a “Great Place to Work” by the Great Place to Work® Institute, Voya is purpose-driven and equally committed to conducting business in a way that is socially, environmentally, economically and ethically responsible. Voya has earned recognition as: one of the World’s Most Ethical Companies® by the Ethisphere Institute; a member of the Bloomberg Gender-Equality Index; and a “Best Place to Work for Disability Inclusion” on the Disability Equality Index. For more information, visit voya.com. Follow Voya Financial on Facebook, LinkedIn and Twitter @Voya.

Voya Financial

Angela D Harrell, Chief Diversity & Corporate Impact Officer, shares with Bloomberg how Voya remains focused on corporate initiatives that reflect the diversity of its clients and the marketplace. Plus, she answers the question: What’s the best approach to hiring https://lnkd.in/e-f8pinS

In early 2024, one of the more pressing SECURE 2.0 retirement reforms is the student loan match provision. Our own Laurie Lombardo recently talked with National Association of Plan Advisors about the advantages of this provision for employers to help attract and retain talent. https://lnkd.in/eTcQ2kZd

Our own Amy Vaillancourt recently joined industry leaders including Nancy Weis of AutoNation at The White House for a discussion on “leveraging the workplace to improve financial resilience.” As SECURE 2.0 has brought an opportunity for increased access to emergency savings options and student loan matching, we look forward to working together with our clients and plan advisors to help provide greater access to and further increase retirement plan coverage through this legislation. https://lnkd.in/e6gbMdRd

In recognition of #FinancialWellnessMonth, Nate Black was recently featured in BenefitsPRO to discuss how employers can help their workforce remain engaged with their benefits throughout the year. https://lnkd.in/eTfeaYQj

Voya is pleased to announce that Robert Leary has been elected to the company’s board of directors, effective Jan. 8, 2024. https://lnkd.in/eiW9kMxZ
 
“Among other areas, Rob has deep industry experience across workplace benefits and savings; asset management; and operations. He also has a strong appreciation for Voya’s history and vision. I believe that Rob will complement the existing strengths and diverse experiences of our board, and I’m confident that Voya will benefit from his insights.” – Rod Martin, executive chairman, Voya Financial

We're celebrating Dr. King's legacy by reflecting on what he taught us about finances and education, in addition to equality. #MLKDay #FinancialLiteracy

Christine Hurtsellers, CEO of Voya Investment Management, has informed the company of her decision to retire later this year. Matthew Toms, our global CIO, will succeed Hurtsellers as CEO, effective immediately. Hurtsellers will now serve as an advisor to the company until her retirement. Toms has also joined Voya Financial’s executive committee and will now report to Heather Lavallee, CEO, Voya Financial. 
 
Additionally, Eric Stein, CFA, who most recently served as CIO-fixed income at Morgan Stanley Investment Management, has joined the firm as head of investments and CIO-fixed income. Stein reports to Toms.
 
Get all the details here: https://lnkd.in/e2wm7M7d

As new Secure 2.0 provisions take effect in 2024, our own Tom Armstrong recently talked with Barron's’s about some of the opportunities available for employers to support their workforce when it comes to #emergencysavings.  https://lnkd.in/gvJcq3T2

We’re proud to earn recognition on the Dow Jones Sustainability Index for the eighth consecutive year. Learn more about this achievement and how it reflects our commitment to responsible business practices. https://lnkd.in/d95mKEkB

#DJSI #Sustainability

Following rising rates, many investors hope markets will return to “normalcy” in the new year. Our own Matthew Toms recently talked with The Wall Street Journal to discuss this positive outlook and how it appears we’ve returned to a point that looks more stable. https://lnkd.in/e2VqiGuy

	Dec '13	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
asset turnover	0.04 -	0.05 23.10%	0.05 6.53%	0.05 3.15%	0.04 23.05%	0.05 37.51%	0.04 18.55%	0.04 5.45%	0.02 53.74%	0.04 110.63%	0.05 26.39%
cash conversion cycle						-58.05K -
cash per share	294.43 -	300.13 1.93%	324.77 8.21%	370.50 14.08%	283.76 23.41%	23.73 91.64%	21.85 7.90%	363.66 1,564.26%	25.18 93.08%	19.80 21.34%	12.23 38.23%
company equity multiplier	16.65 -	14.09 15.39%	16.24 15.29%	16.49 1.50%	22.23 34.85%	18.80 15.45%	17.97 4.41%	17.60 2.05%	20.75 17.91%	33.04 59.21%	34.70 5.02%
days of inventory outstanding						-58.35K -
days of payables outstanding
days of sales outstanding	279.31 -	234.64 15.99%	246.32 4.98%	253.30 2.83%	323.41 27.68%	291.53 9.86%	258.33 11.39%	232.97 9.82%	1.64K 605.06%	944.67 42.49%	595.19 37.00%
dividend yield	0.00 -	0.00 59.50%	0.00 14.89%	0.00 6.10%	0.00 13.53%	0.00 4.27%	0.01 814.27%	0.01 78.51%	0.01 0.28%	0.02 1.34%	0.02 35.18%
ebit per revenue	0.11 -	0.09 19.76%	0.08 4.84%	-0.02 128.81%	-0.02 4.92%	0.14 689.34%	-0.14 196.04%	-0.07 46.68%	0.45 700.74%	0.12 72.79%	0.10 18.25%
ebt per ebit	0.81 -	0.83 2.12%	0.63 23.64%	2.43 283.12%	-2.49 202.64%	0.51 120.55%	-0.55 207.18%	-0.64 16.90%	1.92 398.91%	0.60 68.81%	0.93 55.59%
effective tax rate	-0.04 -	-2.23 5,105.31%	0.08 103.52%	0.35 345.72%	1.40 300.41%	0.09 93.57%	-0.37 506.01%	-0.05 86.03%	-0.04 30.99%	-0.01 66.90%	-0.08 543.89%
enterprise value multiple	13.68 -	17.20 25.75%	15.54 9.63%	-67.11 531.79%	-6.13 90.87%	6.84 211.60%	-10.25 249.84%	-16.46 60.64%	6.16 137.46%	14.32 132.28%	15.70 9.67%
fixed asset turnover	-0.12 -	-0.14 20.95%	-0.15 6.37%	-0.14 7.12%							0.06 -
free cash flow per share	12.86 -	14.21 10.48%	14.13 0.52%	17.53 24.01%	-1.99 111.34%	12.41 724.44%	7.64 38.47%	9.49 24.24%	4.76 49.79%	10.61 122.74%	15.06 41.87%
gross profit margin	1 -	1 0%	1 0%	1 0%	1 0%	1.04 3.55%	1 3.43%	1 0%	1 0%	1 0%	1 0%
interest coverage	2.55 -	2.37 7.16%	1.97 16.97%	-0.65 132.93%	-0.80 23.85%	5.39 771.66%	-5.80 207.55%	-3.45 40.48%	7.79 325.62%	5.34 31.41%	2.49 53.44%
inventory turnover						-0.01 -
long term debt to capitalization	0.40 -	0.39 1.02%	0.44 11.77%	0.30 31.85%	0.29 1.32%	0.28 6.04%	0.24 11.58%	0.23 6.25%	0.24 4.43%	0.32 33.38%	0.52 64.42%
net income per ebt	0.79 -	2.93 269.75%	0.70 76.15%	0.70 0.11%	-5.67 912.13%	1.43 125.31%	1.37 4.77%	1.05 23.05%	1.04 1.51%	1.19 15.10%	0.92 22.64%
net profit margin	0.07 -	0.21 202.97%	0.04 82.67%	-0.04 210.26%	-0.35 774.62%	0.11 130.65%	0.10 1.97%	0.05 52.04%	0.88 1,668.58%	0.09 90.23%	0.09 1.60%
operating cash flow per share	13.02 -	14.34 10.09%	14.40 0.44%	17.86 24.02%	8.57 52.00%	11.45 33.54%	9.29 18.83%	9.49 2.14%	0.62 93.50%	10.61 1,620.07%	15.06 41.87%
operating cycle						-58.05K -
operating profit margin	0.11 -	0.09 19.76%	0.08 4.84%	-0.02 128.81%	-0.02 4.92%	0.14 689.34%	-0.14 196.04%	-0.07 46.68%	0.45 700.74%	0.12 72.79%	0.10 18.25%
payables turnover
pretax profit margin	0.09 -	0.07 18.06%	0.05 27.33%	-0.06 210.39%	0.06 207.69%	0.07 21.09%	0.08 2.93%	0.05 37.67%	0.85 1,695.65%	0.07 91.51%	0.09 27.19%
price fair value	0.66 -	0.67 0.33%	0.62 7.01%	0.61 2.12%	0.91 50.13%	0.80 12.34%	0.91 14.58%	0.73 19.98%	0.94 28.21%	1.75 86.95%	1.89 8.00%
receivables turnover	1.31 -	1.56 19.04%	1.48 4.74%	1.44 2.76%	1.13 21.68%	1.25 10.94%	1.41 12.85%	1.57 10.89%	0.22 85.82%	0.39 73.88%	0.61 58.72%
return on assets	0.00 -	0.01 272.96%	0.00 81.54%	-0.00 206.79%	-0.01 573.00%	0.01 142.15%	0.00 20.15%	0.00 54.65%	0.02 718.09%	0.00 79.42%	0.00 24.37%
return on capital employed	0.06 -	0.05 13.50%	0.05 13.39%	-0.02 128.62%	-0.02 3.42%	0.12 816.30%	-0.01 105.22%	-0.00 49.59%	0.01 377.88%	0.00 42.63%	0.00 3.55%
return on equity	0.05 -	0.14 215.55%	0.03 78.71%	-0.03 208.39%	-0.30 807.54%	0.11 135.64%	0.08 23.68%	0.04 55.59%	0.35 864.58%	0.11 67.24%	0.15 30.62%
total debt to capitalization	0.40 -	0.39 1.02%	0.44 11.77%	0.30 31.76%	0.31 4.04%	0.28 10.98%	0.24 11.57%	0.23 6.25%	0.24 4.44%	0.33 39.32%	0.52 57.37%

NYSE:VOYA

Voya Financial, Inc.

Last Close

73.62

14/05 22:30

Market Cap

7.54B

Beta: 1.15

Volume Today

545.26K

Avg: 2.08M

PE Ratio

11.04

PFCF: 5.01

Dividend Yield

1.68%

Payout:20.55%