Voya Financial, Inc.VOYA

Market cap
$7.8B
P/E ratio
12.5x
Dec 31,
2013
Dec 31,
2014
Dec 31,
2015
Dec 31,
2016
Dec 31,
2017
Dec 31,
2018
Dec 31,
2019
Dec 31,
2020
Dec 31,
2021
Dec 31,
2022
Dec 31,
2023
Unappropriated6012,300408-428-2,992875-351-2062,126510-
Net income (loss)7912,537539-399-2,7921,012-301-492,887433729
(Income) loss from discontinued operations, net of tax-----2,580457-1,066-41912--
Deferred policy acquisition costs, value of business acquired and sales inducements, net-41772959153437020535779767113
Deferred income tax expense (benefit)-111-1,841-18-418621-332-93463-62
Contract owner accounts, future policy benefits and claims, net--1,929-2,223-2,629-899492-567-706-1,249-369-272
Net (gains) losses-2,535-894-733-1,263-227-399-166-3651,423-685-72
Deferred income tax expense (benefit)-111-1,841-18-418621-332-93463-62
Share-based compensation809374941179698888890126
Net (gains) losses-2,535-894-733-1,263-227-399-166-3651,423-685-72
(Gains) losses on CIEs--213129-57-343-256-102-258-94376-230
Share-based compensation809374941179698888890126
(Gains) losses on limited partnerships/corporations--------316-27-33
(Gains) losses on CIEs--213129-57-343-256-102-258-94376-230
Gain (Loss) on Disposition of Stock in Subsidiary or Equity Method Investee--------316-27-33
Premium receivable and reinsurance recoverable-468415537-369345-773-111-4621,474-276-538
Deferred policy acquisition costs, value of business acquired and sales inducements, net-41772959153437020535779767113
Other receivables and asset accruals---15-298524-254408-86220-31
Premium receivable and reinsurance recoverable-468415537-369345-773-111-4621,474-276-538
Other payables and accruals-91143-38-219-41-185-71523195-255-95
Other receivables and asset accruals---15-298524-254408-86220-31
(Increase) decrease in cash held by CIEs--0-2432605573055743970335598
Contract owner accounts, future policy benefits and claims, net--1,929-2,223-2,629-899492-567-706-1,249-369-272
Other payables and accruals-91143-38-219-41-185-71523195-255-95
(Increase) decrease in cash held by CIEs--0-2432605573055743970335598
Other, net16-9-13123-2-233-11-382-156-209
Net cash used in operating activities - discontinued operations----4111,462-102-408-250--
Net cash (used in) provided by operating activities--3,2463,5861,5781,8681,3101,209721,3521,638
Fixed maturities16,68113,59412,07112,4288,3257,7496,4235,3956,6387,9006,980
Equity securities--------3125139
Mortgage loans on real estate-------569816854600
Limited partnerships/corporations----236338205333790256470
Fixed maturities19,01512,98513,57314,9918,7198,9466,4556,7197,7858,5184,439
Equity securities--------2787628
Mortgage loans on real estate2,2062,0362,1962,4281,638875760522808669408
Limited partnerships/corporations----332381403369448353307
Short-term investments, net-4,943662-216-67680-337-5837-174260-144
Derivatives, net2,6241,1172661,304-213-9729-64-2-291-81
Sales from CIEs--------1,055849962
Purchases within CIEs4,2585,5347,5211,7272,0369941,3851,0842,1382,3381,225
Proceeds from sale of business--------274--
Collateral received (delivered), net----2261481039524-121-5419
Collateral received (delivered), net----2261481039524-121-5419
Proceeds from Other Deposits--------73126253
Proceeds from Other Deposits--------73126253
Proceeds from sale of business--------274--
Other, net----45-3-1535-24-3996787
Payments for business acquisitions, net of cash acquired----------584
Cash Provided by (Used in) Investing Activities, Discontinued Operations-----1,26134-626-504476--
Other, net----45-3-1535-24-3996787
Net cash provided by (used in) investing activities---4,274-3,683-2,428-282-1,255-2,461-327-1,9462,532
Cash Provided by (Used in) Investing Activities, Discontinued Operations-----1,26134-626-504476--
Net cash provided by (used in) investing activities---4,274-3,683-2,428-282-1,255-2,461-327-1,9462,532
Additions to Contract Holders Funds12,8948,1547,7918,9545,0616,0964,3836,2215,9025,8182,501
Maturities and withdrawals from investment contracts14,3019,8996,8007,5595,3725,5035,1805,5186,2456,3546,355
Repayment of debt with maturities of more than three months2,697-317084907101131482366541
Proceeds from issuance of long-term debt----------388
Borrowings of CIEs-4011,373126967773--1,5231,628487
Repayment of debt with maturities of more than three months2,697-317084907101131482366541
Repayments of borrowings of CIEs--------1,267932687
Borrowings of CIEs-4011,373126967773--1,5231,628487
Proceeds from (Payments to) Noncontrolling Interests---51449-1667151,4181,6011,166772
Repayments of borrowings of CIEs--------1,267932687
Proceeds from Issuance of Common Stock572--1333447-
Proceeds from (Payments to) Noncontrolling Interests---51449-1667151,4181,6011,166772
Common stock acquired - Share repurchase-7891,4876879231,0251,1365161,113750369
Proceeds from Issuance of Common Stock572--1333447-
Dividends paid on preferred stock------4476803636
Common stock acquired - Share repurchase-7891,4876879231,0251,1365161,113750369
Dividends paid on common stock------28363683127
Dividends paid on preferred stock------4476803636
Other, net----------70-92
Dividends paid on common stock------28363683127
Net cash provided by financing activities - discontinued operations----384-1,209813523---
Other, net----------70-92
Net cash provided by (used in) financing activities--1,010495-345-1,764-1211,702-26528-4,059
Net cash provided by financing activities - discontinued operations----384-1,209813523---
Net cash provided by (used in) financing activities--1,010495-345-1,764-1211,702-26528-4,059
Net increase (decrease) in cash and cash equivalents, including cash in CIEs-------450-520-566111
Income taxes paid--------11131411
Interest paid------159154157131113
Unappropriated------7,787-1,521458-186
Treasury stock retirement----------186
Income taxes paid--------11131411
Interest paid------159154157131113
Unappropriated------7,787-1,521458-186
Treasury stock retirement----------186
Unappropriated6012,300408-428-2,992875-351-2062,126510-
Net income (loss)7912,537539-399-2,7921,012-301-492,887433729
(Income) loss from discontinued operations, net of tax-----2,580457-1,066-41912--
Deferred policy acquisition costs, value of business acquired and sales inducements, net-41772959153437020535779767113
Deferred income tax expense (benefit)-111-1,841-18-418621-332-93463-62
Contract owner accounts, future policy benefits and claims, net--1,929-2,223-2,629-899492-567-706-1,249-369-272
Net (gains) losses-2,535-894-733-1,263-227-399-166-3651,423-685-72
Deferred income tax expense (benefit)-111-1,841-18-418621-332-93463-62
Share-based compensation809374941179698888890126
Net (gains) losses-2,535-894-733-1,263-227-399-166-3651,423-685-72
(Gains) losses on CIEs--213129-57-343-256-102-258-94376-230
Share-based compensation809374941179698888890126
(Gains) losses on limited partnerships/corporations--------316-27-33
(Gains) losses on CIEs--213129-57-343-256-102-258-94376-230
Gain (Loss) on Disposition of Stock in Subsidiary or Equity Method Investee--------316-27-33
Premium receivable and reinsurance recoverable-468415537-369345-773-111-4621,474-276-538
Deferred policy acquisition costs, value of business acquired and sales inducements, net-41772959153437020535779767113
Other receivables and asset accruals---15-298524-254408-86220-31
Premium receivable and reinsurance recoverable-468415537-369345-773-111-4621,474-276-538
Other payables and accruals-91143-38-219-41-185-71523195-255-95
Other receivables and asset accruals---15-298524-254408-86220-31
(Increase) decrease in cash held by CIEs--0-2432605573055743970335598
Contract owner accounts, future policy benefits and claims, net--1,929-2,223-2,629-899492-567-706-1,249-369-272
Other payables and accruals-91143-38-219-41-185-71523195-255-95
(Increase) decrease in cash held by CIEs--0-2432605573055743970335598
Other, net16-9-13123-2-233-11-382-156-209
Net cash used in operating activities - discontinued operations----4111,462-102-408-250--
Net cash (used in) provided by operating activities--3,2463,5861,5781,8681,3101,209721,3521,638
Fixed maturities16,68113,59412,07112,4288,3257,7496,4235,3956,6387,9006,980
Equity securities--------3125139
Mortgage loans on real estate-------569816854600
Limited partnerships/corporations----236338205333790256470
Fixed maturities19,01512,98513,57314,9918,7198,9466,4556,7197,7858,5184,439
Equity securities--------2787628
Mortgage loans on real estate2,2062,0362,1962,4281,638875760522808669408
Limited partnerships/corporations----332381403369448353307
Short-term investments, net-4,943662-216-67680-337-5837-174260-144
Derivatives, net2,6241,1172661,304-213-9729-64-2-291-81
Sales from CIEs--------1,055849962
Purchases within CIEs4,2585,5347,5211,7272,0369941,3851,0842,1382,3381,225
Proceeds from sale of business--------274--
Collateral received (delivered), net----2261481039524-121-5419
Collateral received (delivered), net----2261481039524-121-5419
Proceeds from Other Deposits--------73126253
Proceeds from Other Deposits--------73126253
Proceeds from sale of business--------274--
Other, net----45-3-1535-24-3996787
Payments for business acquisitions, net of cash acquired----------584
Cash Provided by (Used in) Investing Activities, Discontinued Operations-----1,26134-626-504476--
Other, net----45-3-1535-24-3996787
Net cash provided by (used in) investing activities---4,274-3,683-2,428-282-1,255-2,461-327-1,9462,532
Cash Provided by (Used in) Investing Activities, Discontinued Operations-----1,26134-626-504476--
Net cash provided by (used in) investing activities---4,274-3,683-2,428-282-1,255-2,461-327-1,9462,532
Additions to Contract Holders Funds12,8948,1547,7918,9545,0616,0964,3836,2215,9025,8182,501
Maturities and withdrawals from investment contracts14,3019,8996,8007,5595,3725,5035,1805,5186,2456,3546,355
Repayment of debt with maturities of more than three months2,697-317084907101131482366541
Proceeds from issuance of long-term debt----------388
Borrowings of CIEs-4011,373126967773--1,5231,628487
Repayment of debt with maturities of more than three months2,697-317084907101131482366541
Repayments of borrowings of CIEs--------1,267932687
Borrowings of CIEs-4011,373126967773--1,5231,628487
Proceeds from (Payments to) Noncontrolling Interests---51449-1667151,4181,6011,166772
Repayments of borrowings of CIEs--------1,267932687
Proceeds from Issuance of Common Stock572--1333447-
Proceeds from (Payments to) Noncontrolling Interests---51449-1667151,4181,6011,166772
Common stock acquired - Share repurchase-7891,4876879231,0251,1365161,113750369
Proceeds from Issuance of Common Stock572--1333447-
Dividends paid on preferred stock------4476803636
Common stock acquired - Share repurchase-7891,4876879231,0251,1365161,113750369
Dividends paid on common stock------28363683127
Dividends paid on preferred stock------4476803636
Other, net----------70-92
Dividends paid on common stock------28363683127
Net cash provided by financing activities - discontinued operations----384-1,209813523---
Other, net----------70-92
Net cash provided by (used in) financing activities--1,010495-345-1,764-1211,702-26528-4,059
Net cash provided by financing activities - discontinued operations----384-1,209813523---
Net cash provided by (used in) financing activities--1,010495-345-1,764-1211,702-26528-4,059
Net increase (decrease) in cash and cash equivalents, including cash in CIEs-------450-520-566111
Income taxes paid--------11131411
Interest paid------159154157131113
Unappropriated------7,787-1,521458-186
Treasury stock retirement----------186
Income taxes paid--------11131411
Interest paid------159154157131113
Unappropriated------7,787-1,521458-186
Treasury stock retirement----------186