Voya Financial's 2025 net income falls

Voya Financial

03/02/2026 21:29

Overview

Net income for full-year 2025 decreased slightly due to non-recurring gains and tax benefits

Company generated $775 mln excess capital for 2025, up 19% yr/yr

Outlook

Voya Financial did not provide specific numerical guidance for future quarters

Result Drivers

RETIREMENT GROWTH - The Retirement segment's earnings increased due to the acquisition of OneAmerica, higher alternative investment income, and strong business execution

INVESTMENT MANAGEMENT REVENUES - Investment Management saw higher fee-based revenues due to strong business momentum and positive capital markets

EMPLOYEE BENEFITS IMPROVEMENT - Employee Benefits segment improved underwriting margins in Group Life and Stop Loss, despite a decline in premiums and fees

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
$8.19 bln
FY EPS
$6.29
FY Adjusted Operating Earnings
$861 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy", 4 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the diversified investment services peer group is "buy."

Wall Street's median 12-month price target for Voya Financial Inc is $86.00, about 11% above its February 2 closing price of $77.45

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 7 three months ago

Press Release: ID:nBw3Q6q4Ya

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)