Voya Financial profit margin VOYA
Gross, operating and net profit as a share of revenue over the last twelve months, from 2012.
- Net margin, 12 months
- 7.4%
- Net margin on a year earlier
- +0.7 pts
- Peer median
- 5.9%
Over the twelve months to Jun 30, 2026, Voya Financial kept 7.4% of its revenue as net profit.
Five years earlier its net margin was 31.1%.
The median for 10 life insurers of a similar size is 5.9%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin |
|---|---|
| FY2025 | 8.0% |
| FY2024 | 8.3% |
| FY2023 | 8.5% |
| FY2022 | 8.6% |
| FY2021 | 50.3% |
| FY2020 | −2.7% |
| FY2019 | −4.8% |
| FY2018 | 12.2% |
| FY2017 | −34.7% |
| FY2016 | −3.7% |
| FY2015 | 3.6% |
| FY2014 | 20.7% |
| FY2013 | 6.9% |
| FY2012 | 4.9% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year |
|---|---|---|---|
| Q2 FY26 | 7.4% | +0.7 pts | |
| Q1 FY26 | 8.2% | +1.1 pts | |
| Q4 FY25 | 8.0% | −0.3 pts | |
| Q3 FY25 | 7.6% | −1.3 pts | |
| Q2 FY25 | 6.7% | −4.1 pts | |
| Q1 FY25 | 7.2% | −3.3 pts | |
| Q4 FY24 | 8.3% | −0.2 pts | |
| Q3 FY24 | 8.8% | −1.0 pts | |
| Q2 FY24 | 10.9% | +1.6 pts | |
| Q1 FY24 | 10.5% | +2.1 pts | |
| Q4 FY23 | 8.5% | −0.1 pts | |
| Q3 FY23 | 9.8% | −2.1 pts |
Against its peers
Companies in Insurance - Life nearest Voya Financial's size, closest first, today.
| Company | Profit margin |
|---|---|
| VOYAVoya Financial | 7.4% |
| JXNJackson Financial | 1.6% |
| PRIPrimerica | 23.2% |
| LNCLincoln National | 12.2% |
| GLGlobe Life | 19.6% |
| UNMUnum | 5.3% |
| CNOCNO Financial | 6.0% |
| CRBGCorebridge Financial | 4.5% |
| RGAReinsurance Group of America | 5.8% |
| GNWGenworth Financial | 2.9% |
| FGF&G Annuities & Life | 6.9% |
| Peer median | 5.9% |
Where Voya Financial ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Voya Financial
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.