Voya Financial
OverviewSuggest Edit
Voya Financial is a company providing retirement, investment, and insurance products. It operates through five segments: retirement, investment management, annuities, individual life, and employee benefits. The company offers individual retirement accounts (IRAs), mutual funds, workplace retirement and college savings plans, spending accounts, as well as general investing and health savings solutions.
| Type | Public | |
| Founded | 1999 | |
| HQ | New York, NY, US | Map |
| Website | corporate.voya.com | |
| Employee Ratings | More | |
| Overall Culture | B | More |
Key People/Management at Voya Financial
Nancy Ferrara
Executive Vice President, Operations and Continuous Improvement & Director, Voya Foundation
Michael Pytosh
Chief Investment Officer, Equities
Paul Zemsky
Chief Investment Officer, Multi-Asset Strategies and Solutions
Michael Katz
Senior Vice President, Head of Investor Relations and Enterprise FP&A
Rodney O. Martin
Chairman and Chief Executive Officer
Charles P. Nelson
Chief Executive Officer, Retirement and Employee Benefits; Director , Voya Foundation
Voya Financial Office Locations
Voya Financial has offices in New York, Atlanta, Braintree, Des Moines and in 5 other locations
New York, NY, US (HQ)
230 Park Ave
Atlanta, GA, US
5780 Powers Ferry Rd NW
Braintree, MA, US
30 Braintree Hill Office Park
Des Moines, IA, US
HUB Tower, 699 Walnut St #1000
Minneapolis, MN, US
20 S Washington Ave
Scottsdale, AZ, US
7337 E Doubletree Ranch Rd
Voya Financial Financials and Metrics
Voya Financial Revenue
Voya Financial's revenue was reported to be $7.65 b in FY, 2020 which is a 2.3% increase from the previous period.
| USD | |
|---|---|
Revenue (Q1, 2021) | (2.0b) |
Gross profit (Q1, 2021) | (6.1b) |
Gross profit margin (Q1, 2021), % | 314.1% |
Net income (Q1, 2021) | 1.1b |
Market capitalization (15-Sept-2021) | 7.7b |
Closing stock price (15-Sept-2021) | 63.2 |
Cash (31-Mar-2021) | 1.2b |
EV | 9.5b |
Voya Financial's current market capitalization is $7.7 b.
Annual
Annual
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|
Cash From Operating Activities | 131.0m | 549.0m | 851.0m | (76.0m) | 432.0m | 788.0m | (936.0m) |
Cash From Investing Activities | (44.0m) | 73.0m | (881.0m) | (811.0m) | (950.0m) | (1.8b) | 670.0m |
Long-term Borrowings | (407.0m) | (835.0m) | (181.0m) | (470.0m) | (629.0m) | (91.0m) | |
Dividends Paid | (11.0m) | (13.0m) | (47.0m) | (34.0m) | (47.0m) | (90.0m) | (34.0m) |
| USD | FY, 2018 |
|---|---|
EV/CFO | 5.2 x |
Revenue/Employee | 1.4m |
Debt/Equity | 0.4 x |
Financial Leverage | 17.3 x |
P/E Ratio | 7.7 |
Voya Financial Operating Metrics
Voya Financial's Customers was reported to be 14.8 m in FY, 2020. Voya Financial's Assets Under Management was reported to be $373.4b in Q1, 2021.
| FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | Q1, 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets Under Management | $281.38 b | $298.18 b | $305.88 b | $310.37 b | $322.54 b | $292.51 b | $327.38 b | $345.6 b | $364.61 b | $373.35 b |
Assets Under Administration | $185.89 b | $249.2 b | $254.31 b | $257.94 b | $280.25 b | $245.31 b | $278.71 b | $311.88 b | $335.58 b | $355.93 b |
Customers | 13.8 m | 13.8 m | 14.8 m | |||||||
Facility Space, sq. ft. | 1.8 b | 2 m | 1.8 b |
Voya Financial Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| IIPS OF FLORIDA, LLC | ||
| ILICA LLC | ||
| ING Pomona Private Equity Management (Luxembourg) S.A. | ||
| Midwestern United Life Insurance Company | ||
| Oconee Real Estate Holdings LLC | ||
| Opportunity Investor P Associates, L.P. | ||
| Opportunity Investor P, L.P. | ||
| Opportunity Investor P Secondary Associates, LLC | ||
| Pen-Cal Administrators, Inc. | ||
| Pomona Associates VIII, L.P. |
Voya Financial Cybersecurity Score
Voya Financial Online and Social Media Presence
53.67k Twitter followers
Voya Financial has 53.67k Twitter Followers. The number of followers has decreased 0.1% month over month and decreased 1.2% quarter over quarter
Voya Financial's Trends
Twitter Engagement Stats for @Voya
5.7k
Tweets
2k
Following
53.7k
Followers
16
Tweets last 30 days
1.9
Avg. likes per Tweet
75%
Tweets with engagement
Voya Financial Company Culture
Overall Culture
B
71/100
CEO Rating
A
77/100
Compensation
C+
65/100
Diversity
C
64/100
Voya Financial News and Updates
January 09, 2020
Voya Financial explores sale to insurance groups - FT
Voya Financial Inc is exploring a
sale that could value the U.S. retirement and insurance plan
provider at $10 billion or more, Financial Times reported on
Thursday, citing people briefed on the matter.
December 09, 2019
Continuous Improvement and Automation at Voya Financial
Voya Financial, a retirement financial services firm, has successfully combined process improvement with automation.
May 20, 2018
Voya Financial: Bet On This Asset Gatherer
Voya Financial Blogs
July 15, 2021
Cybersecurity : Mobile devices and apps
Cybersecurity : Mobile devices and apps
i712785
Thu, 07/15/2021 - 13:19
Compliance Code
CN1634051_0523
Retirement
Individuals
Protection and Insurance
Live & On Demand Sessions
Business Owner
Jennifer Song
…
July 13, 2021
Voya Financial named a ‘Best Place to Work for Disability Inclusion’ for fourth consecutive year
Voya Financial named a ‘Best Place to Work for Disability Inclusion’ for fourth consecutive year
4nMazsqFv5
Tue, 07/13/2021 - 09:20
NEW YORK--(BUSINESS WIRE)--
Voya Financial, Inc. (NYSE: VOYA), announced today that it has earned recognition as a “Best Place to Work for Disability …
July 01, 2021
Voya Financial completes acquisition of Benefit Strategies, LLC
Voya Financial completes acquisition of Benefit Strategies, LLC
4nMazsqFv5
Thu, 07/01/2021 - 16:30
Transaction supports Voya’s workplace-centered business model and increases its position in the growing health savings and spending accounts market
NEW YORK--(BUSINESS WIR…
June 29, 2021
Centaurus Renewable Energy LLC closes $70M Construction bridge loan with Voya Investment Management for the Arroyo Solar & Storage Project in New Mexico
Centaurus Renewable Energy LLC closes $70M Construction bridge loan with Voya Investment Management for the Arroyo Solar & Storage Project in New Mexico
4nMazsqFv5
Tue, 06/29/2021 - 12:50
HOUSTON--(BUSINESS WIRE)--
Centaurus Renewable Energy LLC, the developer of the Arroyo S…
June 25, 2021
Cybersecurity: Introduction
Cybersecurity: Introduction
i712785
Fri, 06/25/2021 - 16:30
Compliance Code
CN1634028_0523
Retirement
Individuals
Live & On Demand Sessions
Protection and Insurance
Business Owner
Jennifer Song
Expiration D…
June 25, 2021
When is the right time to apply for Social Security? — Choosing the ideal age to receive the benefit you’ve earned
When is the right time to apply for Social Security? — Choosing the ideal age to receive the benefit you’ve earned
j687148
Thu, 06/24/2021 - 21:02
Compliance Code
CN1707039_0723
Retirement
Individuals
Income Planning
Business Owner
K…
Voya Financial Frequently Asked Questions
When was Voya Financial founded?
Voya Financial was founded in 1999.
Who are Voya Financial key executives?
Voya Financial's key executives are Nancy Ferrara, Michael Pytosh and Paul Zemsky.
How many employees does Voya Financial have?
Voya Financial has 6,000 employees.
What is Voya Financial revenue?
Latest Voya Financial annual revenue is $7.6 b.
What is Voya Financial revenue per employee?
Latest Voya Financial revenue per employee is $1.3 m.
Who are Voya Financial competitors?
Competitors of Voya Financial include MetLife, Prudential and TIAA.
Where is Voya Financial headquarters?
Voya Financial headquarters is located at 230 Park Ave, New York.
Where are Voya Financial offices?
Voya Financial has offices in New York, Atlanta, Braintree, Des Moines and in 5 other locations.
How many offices does Voya Financial have?
Voya Financial has 9 offices.
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