Voya Financial (VOYA-PB) Debt to Equity (2012 - 2026)

Voya Financial (VOYA-PB) reported Debt to Equity of $0.39 for Q1 2026, up 12.72% on a YoY basis from $0.34 in Q1 2025, and down 9.18% quarter-over-quarter from $0.42 in Q4 2025.

Voya Financial (VOYA-PB) Debt to Equity (2012 - 2026) Analysis & Trends

Voya Financial has reported Debt to Equity for 15 years, with the latest figure at $0.39 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity rose 12.72% year-over-year to $0.39; the trailing twelve-month figure through Mar 2026 stood at $0.39 (up 12.72% YoY), and the FY2025 full-year result was $0.42, down 1.73% from the prior year.
  • Debt to Equity for Q1 2026 stood at $0.39, down from $0.42 in the prior quarter.
  • The five-year high for Debt to Equity was $2.03 in Q3 2022, with the low at $0.31 in Q3 2025.
  • Historically, Debt to Equity has averaged $0.49 across 5 years, with a median of $0.39 in 2024.
  • Annual changes were most pronounced in 2022 — Debt to Equity surged 583.54% — and 2023, when it slumped 78.44%.
  • Voya Financial's Debt to Equity stood at $0.46 in 2022, then slipped by 22.85% to $0.36 in 2023, then advanced by 21.11% to $0.43 in 2024, then slipped by 1.73% to $0.42 in 2025, then decreased by 9.18% to $0.39 in 2026.
  • The last three Debt to Equity figures came in at $0.39 (Q1 2026), $0.42 (Q4 2025), and $0.31 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Freedom Holding 8.51 Bn 7.54 Bn -1.62 Bn 0.69
2 Voya Financial 8.23 Bn 10.05 Bn 1.47 Bn 0.39
3 Hilltop Holdings 2.22 Bn 2.25 Bn -2.46 Mn 0.46
4 LendingTree 499.46 Mn 413.94 Mn 88.70 Mn 1.28
5 BRC Group Holdings 266.18 Mn 322.99 Mn 319.70 Mn 15.29
6 BRC Group Holdings - - 319.70 Mn 15.29
7 BRC Group Holdings - - 319.70 Mn 15.29
8 BRC Group Holdings - - 319.70 Mn 15.29
9 Orix - - 5.07 Bn 1.43
10 Voya Financial - - 1.47 Bn 0.39

Historic Data

Download Data
DateValue
Mar 31, 2026 0.39
Dec 31, 2025 0.42
Sep 30, 2025 0.31
Jun 30, 2025 0.33
Mar 31, 2025 0.34
Dec 31, 2024 0.43
Sep 30, 2024 0.39
Jun 30, 2024 0.37
Mar 31, 2024 0.37
Dec 31, 2023 0.36
Sep 30, 2023 0.44
Jun 30, 2023 0.42
Mar 31, 2023 0.41
Dec 31, 2022 0.46
Sep 30, 2022 2.03
Jun 30, 2022 0.45
Mar 31, 2022 0.34
Dec 31, 2021 0.27
Sep 30, 2021 0.30
Jun 30, 2021 0.30