Voya Financial Inc
Voya Financial, Inc. provides workplace benefits, and savings solutions and technologies in the United States and internationally. The company operates through three segments: Wealth Solutions, Health Solutions, and Investment Management. The Wealth Solutions segment offers full-service retirement products; recordkeeping services; stable value and fixed general account investment products; non-qu… Read more
Voya Financial Inc (VOYA) - Net Assets
Latest net assets as of December 2025: $7.04 Billion USD
Based on the latest financial reports, Voya Financial Inc (VOYA) has net assets worth $7.04 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($178.86 Billion) and total liabilities ($171.82 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $7.04 Billion |
| % of Total Assets | 3.94% |
| Annual Growth Rate | N/A |
| 5-Year Change | -28.33% |
| 10-Year Change | -50.83% |
| Growth Volatility | 24.81 |
Voya Financial Inc - Net Assets Trend (2009–2025)
This chart illustrates how Voya Financial Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Voya Financial Inc (2009–2025)
The table below shows the annual net assets of Voya Financial Inc from 2009 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $7.04 Billion | +17.18% |
| 2024-12-31 | $6.01 Billion | -0.76% |
| 2023-12-31 | $6.05 Billion | -1.05% |
| 2022-12-31 | $6.12 Billion | -37.72% |
| 2021-12-31 | $9.82 Billion | -13.19% |
| 2020-12-31 | $11.31 Billion | +11.34% |
| 2019-12-31 | $10.16 Billion | +13.65% |
| 2018-12-31 | $8.94 Billion | -19.01% |
| 2017-12-31 | $11.04 Billion | -22.90% |
| 2016-12-31 | $14.32 Billion | -12.04% |
| 2015-12-31 | $16.28 Billion | -12.13% |
| 2014-12-31 | $18.52 Billion | +19.40% |
| 2013-12-31 | $15.51 Billion | -3.41% |
| 2012-12-31 | $16.06 Billion | +15.33% |
| 2011-12-31 | $13.93 Billion | +72.61% |
| 2010-12-31 | $8.07 Billion | -- |
| 2009-12-31 | $0.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to Voya Financial Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 139200000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.39 Billion | 28.10% |
| Common Stock | $1.00 Million | 0.02% |
| Other Comprehensive Income | $-1.79 Billion | -36.10% |
| Other Components | $5.35 Billion | 107.97% |
| Total Equity | $4.95 Billion | 100.00% |
Voya Financial Inc Competitors by Market Cap
The table below lists competitors of Voya Financial Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MSA Safety
NYSE:MSA
|
$6.42 Billion |
|
Lupin Limited
NSE:LUPIN
|
$6.42 Billion |
|
MGM China Holdings Ltd
PINK:MCHVY
|
$6.42 Billion |
|
Bharat Petroleum Corporation Limited
NSE:BPCL
|
$6.42 Billion |
|
Prada Spa PK
PINK:PRDSY
|
$6.40 Billion |
|
MarketAxess Holdings Inc
NASDAQ:MKTX
|
$6.40 Billion |
|
Avenue Supermarts Limited
NSE:DMART
|
$6.39 Billion |
|
Turkiye Petrol Rafinerileri AS
IS:TUPRS
|
$6.39 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Voya Financial Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,005,000,000 to 4,953,000,000, a change of 948,000,000 (23.7%).
- Net income of 654,000,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 674,000,000.
- Other factors decreased equity by 380,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $654.00 Million | +13.2% |
| Other Comprehensive Income | $674.00 Million | +13.61% |
| Other Changes | $-380.00 Million | -7.67% |
| Total Change | $- | 23.67% |
Book Value vs Market Value Analysis
This analysis compares Voya Financial Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.34x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | $0.00 | $68.51 | x |
| 2010-12-31 | $26.61 | $68.51 | x |
| 2011-12-31 | $47.37 | $68.51 | x |
| 2012-12-31 | $54.06 | $68.51 | x |
| 2013-12-31 | $52.71 | $68.51 | x |
| 2014-12-31 | $63.14 | $68.51 | x |
| 2015-12-31 | $59.08 | $68.51 | x |
| 2016-12-31 | $64.11 | $68.51 | x |
| 2017-12-31 | $54.37 | $68.51 | x |
| 2018-12-31 | $48.83 | $68.51 | x |
| 2019-12-31 | $66.23 | $68.51 | x |
| 2020-12-31 | $80.42 | $68.51 | x |
| 2021-12-31 | $65.60 | $68.51 | x |
| 2022-12-31 | $40.55 | $68.51 | x |
| 2023-12-31 | $38.54 | $68.51 | x |
| 2024-12-31 | $39.50 | $68.51 | x |
| 2025-12-31 | $51.06 | $68.51 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Voya Financial Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.20%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.72%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 36.11x
- Recent ROE (13.20%) is above the historical average (6.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 0.00% | -6.44% | 0.00x | 0.00x | $-603.20 Million |
| 2010 | -1.80% | -1.33% | 0.05x | 29.92x | $-805.98 Million |
| 2011 | -0.71% | -0.91% | 0.05x | 16.48x | $-1.32 Billion |
| 2012 | 3.41% | 4.86% | 0.04x | 15.60x | $-914.49 Million |
| 2013 | 4.51% | 6.84% | 0.04x | 16.65x | $-728.72 Million |
| 2014 | 14.25% | 20.87% | 0.05x | 14.09x | $684.21 Million |
| 2015 | 3.04% | 4.67% | 0.04x | 16.24x | $-935.58 Million |
| 2016 | -2.52% | -3.72% | 0.04x | 16.51x | $-1.63 Billion |
| 2017 | -29.89% | -41.39% | 0.03x | 22.23x | $-3.99 Billion |
| 2018 | 10.65% | 10.64% | 0.05x | 18.80x | $53.70 Million |
| 2019 | 8.19% | 10.43% | 0.04x | 18.10x | $-168.90 Million |
| 2020 | 3.61% | 5.00% | 0.04x | 17.60x | $-654.50 Million |
| 2021 | 34.84% | 88.49% | 0.02x | 20.75x | $2.05 Billion |
| 2022 | 11.41% | 8.60% | 0.04x | 33.04x | $63.10 Million |
| 2023 | 14.91% | 8.51% | 0.05x | 37.46x | $205.70 Million |
| 2024 | 16.65% | 8.29% | 0.05x | 40.92x | $266.50 Million |
| 2025 | 13.20% | 8.72% | 0.04x | 36.11x | $158.70 Million |
Industry Comparison
This section compares Voya Financial Inc's net assets metrics with peer companies in the Financial Conglomerates industry.
Industry Context
- Industry: Financial Conglomerates
- Average net assets among peers: $515,892,855,509
- Average return on equity (ROE) among peers: 5.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Voya Financial Inc (VOYA) | $7.04 Billion | 0.00% | 24.41x | $6.41 Billion |
| Pacific Oil Co (FGCO) | $3.20 Million | 4.04% | 0.31x | $5.07 Million |
| Freedom Holding Corp (FRHC) | $192.12 Million | 8.93% | 0.50x | $2.47 Billion |
| Georgia Capital PLC (GRGCF) | $1.75 Billion | 32.49% | 0.00x | $475.57 Million |
| Get Real Inc (GTRL) | $-57.19K | 0.00% | 0.00x | $28.10 |
| Hilltop Holdings Inc (HTH) | $791.46 Million | -2.85% | 0.33x | $1.47 Billion |
| Orix Corp Ads (IX) | $1.42 Trillion | 5.88% | 4.87x | $33.82 Billion |
| Mandatum Oyj (MANDF) | $1.78 Billion | 0.00% | 8.28x | $2.52 Billion |
| NextPoint Financial Inc. (NACQQ) | $-316.64K | 0.00% | 0.00x | $2.95K |
| Old Mutual Limited (ODMUF) | $306.63 Billion | -0.32% | 0.00x | $2.77 Billion |
| ORIX Corporation (ORXCF) | $3.43 Trillion | 8.47% | 3.45x | $22.13 Billion |