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
Michael Pytosh
Chief Investment Officer, Equities
Paul Zemsky
Chief Investment Officer, Multi-Asset Strategies and Solutions
Jeffrey A Bakalar
Group Head and Chief Investment Officer, Senior Loans
Christine Hurtsellers
Chief Executive Officer
Michael Katz
Senior Vice President, Head of Investor Relations and Enterprise FP&A
Rodney O. Martin
Chairman and Chief Executive Officer
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 $7.48 b in FY, 2019
| USD | |
|---|---|
Revenue (Q3, 2020) | 2.1b |
Gross profit (Q3, 2020) | 1.1b |
Gross profit margin (Q3, 2020), % | 50.7% |
Net income (Q3, 2020) | (213.0m) |
Market capitalization (15-Jan-2021) | 7.5b |
Closing stock price (15-Jan-2021) | 59.5 |
Cash (30-Sept-2020) | 1.1b |
EV | 9.5b |
Voya Financial's current market capitalization is $7.5 b.
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 2.2b | 2.6b | 2.6b | 2.0b | 2.1b | 2.3b | 2.2b | 2.3b | 2.2b | 1.7b | 1.7b | 2.1b |
Cost of goods sold | 1.5b | 1.4b | 1.3b | 1.1b | 1.1b | 1.3b | 1.2b | 1.2b | 1.3b | 596.0m | 711.0m | 1.0b |
Gross profit | 735.4m | 1.2b | 1.3b | 877.0m | 1.0b | 984.0m | 1.0b | 1.1b | 978.0m | 1.1b | 952.0m | 1.1b |
Gross profit Margin, % | 33% | 48% | 50% | 45% | 49% | 44% | 46% | 47% | 44% | 65% | 57% | 51% |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 2.3b | 2.6b | 2.0b | 1.4b | 1.5b | 1.8b | 1.0b | 1.5b | 1.4b | 1.0b | 1.1b | 1.1b |
Total Assets | 217.0b | 220.0b | 226.6b | 219.8b | 162.7b | 165.0b | 162.0b | 165.2b | 166.9b | 155.7b | 166.9b | 171.5b |
Short-term debt | 735.5m | 735.9m | 336.6m | 1.0m | 1.0m | 1.0m | 97.0m | 1.0m | 1.0m | 1.0m | 1.0m | |
Long-term debt | 2.7b | 2.7b | 3.1b | 3.5b | 3.5b | 3.5b | 3.1b | 3.0b | 3.0b | 3.0b | 3.0b | 3.0b |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (3.0m) | |||||||||||
Cash From Operating Activities | (49.8m) | 555.2m | 1.1b | 401.0m | 1.1b | 1.6b | 131.0m | 549.0m | 851.0m | (76.0m) | 432.0m | 788.0m |
Purchases of PP&E | (10.4m) | (26.1m) | (35.8m) | |||||||||
Cash From Investing Activities | 190.8m | (701.7m) | (2.3b) | 236.0m | 87.0m | 51.0m | (44.0m) | 73.0m | (881.0m) | (811.0m) | (950.0m) | (1.8b) |
| USD | FY, 2016 |
|---|---|
Debt/Equity | 0.3 x |
Financial Leverage | 15.3 x |
Voya Financial Operating Metrics
Voya Financial's Customers was reported to be 13.8 m in Q3, 2019.
| FY, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | FY, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | FY, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets Under Management and Administration | $523.80 b | $452.40 b | $484.40 b | $505.42 b | $516.94 b | $540.74 b | $554.52 b | $541.44 b | $527.62 b | $542.57 b | $467 b | $547.38 b | $560.19 b | $568.31 b | ||||||
Customers | 14.70 m | 13.80 m | 13.80 m | |||||||||||||||||
In-Force Policies | 1.12 m | 1.11 m | 1.10 m | 1.09 m | 926.92 k | 920.30 k | 909 k | 897.47 k | 886.36 k | 874.59 k | 859.88 k |
Voya Financial Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Australia Retirement Services Holding, LLC | ||
| IB Holdings LLC | ||
| IIPS OF FLORIDA, LLC | ||
| ILICA Inc. | ||
| ING Pomona Private Equity Management (Luxembourg) S.A. | ||
| Langhorne I, LLC | ||
| Midwestern United Life Insurance Company | ||
| Opportunity Investor P Associates, L.P. | ||
| Opportunity Investor P Secondary Associates, LLC | ||
| Pen-Cal Administrators, Inc. |
Voya Financial Revenue Breakdown
Voya Financial revenue breakdown by business segment: 22.5% from Employee Benefits, 33.2% from Retirement, 8.3% from Investment Management, 31.3% from Individual Life and 4.7% from Other
Voya Financial Cybersecurity Score
Voya Financial Environment, Social & Governance (ESG) Ratings
Voya Financial Online and Social Media Presence
54.83k Twitter followers
Voya Financial has 54.83k Twitter Followers. The number of followers has decreased 0.6% month over month and decreased 0.7% quarter over quarter
Voya Financial's Trends
Twitter Engagement Stats for @Voya
5.4k
Tweets
2k
Following
54.8k
Followers
13
Tweets last 30 days
1.8
Avg. likes per Tweet
69.2%
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
January 20, 2021
Actionable steps as you near retirement
Actionable steps as you near retirement
jchenail
Wed, 01/20/2021 - 10:11
Compliance Code
N/A
Retirement
Individuals
Approaching Retirement
Business Owner
Jen Chenail
Expiration Date
Tue, 01/31/2023 - …
January 15, 2021
5 things to do to get organized and on track
5 things to do to get organized and on track
jchenail
Fri, 01/15/2021 - 13:53
Compliance Code
CN1323814_0922
Retirement
Individuals
Emergency Fund
Live & On Demand Sessions
Managing Your Day to Day Finances
Business Owner
…
January 13, 2021
Voya Financial Schedules Announcement of Fourth-Quarter and Full-Year 2020 Results
Voya Financial Schedules Announcement of Fourth-Quarter and Full-Year 2020 Results
4nMazsqFv5
Wed, 01/13/2021 - 08:50
NEW YORK--(BUSINESS WIRE)--
Voya Financial, Inc. (NYSE: VOYA), announced today that it will host a webcast and conference call on its financial results for the four…
January 11, 2021
Voya Financial Advisors Welcomes Financial Professional Larry Fiorini
Voya Financial Advisors Welcomes Financial Professional Larry Fiorini
4nMazsqFv5
Mon, 01/11/2021 - 09:20
Voya Financial Advisors, Inc. (VFA), announced today that financial professional Larry Fiorini of Sanatoga, Pennsylvania, has joined the firm. Fiorini offers a broad range of finan…
January 08, 2021
Voya Financial Recognized Twice — by Caregiving.com and LIMRA — for Its Continued Commitment to the Disabilities Community Through Voya Cares®
Voya Financial Recognized Twice — by Caregiving.com and LIMRA — for Its Continued Commitment to the Disabilities Community Through Voya Cares®
4nMazsqFv5
Fri, 01/08/2021 - 09:10
Voya receives first-ever Caregiving Organization of the Year Award from Caregiving.com and Creative …
January 04, 2021
Voya Financial Completes Individual Life Transaction
Voya Financial Completes Individual Life Transaction
4nMazsqFv5
Mon, 01/04/2021 - 16:20
Voya well positioned to grow core businesses with a strategic focus on serving the workplace and institutional clients
Voya Investment Management to serve as one of the preferred asset manage…
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 Michael Pytosh, Paul Zemsky and Jeffrey A Bakalar.
How many employees does Voya Financial have?
Voya Financial has 6,000 employees.
What is Voya Financial revenue?
Latest Voya Financial annual revenue is $7.5 b.
What is Voya Financial revenue per employee?
Latest Voya Financial revenue per employee is $1.2 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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