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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Voya Financial (VOYA) Debt to Equity (2016 - 2025)

Voya Financial (VOYA) has disclosed Debt to Equity for 14 consecutive years, with $0.31 as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Debt to Equity fell 28.6% year-over-year to $0.31, compared with a TTM value of $0.31 through Dec 2025, down 28.6%, and an annual FY2025 reading of $0.31, down 28.6% over the prior year.
  • Debt to Equity was $0.31 for Q4 2025 at Voya Financial, down from $0.42 in the prior quarter.
  • Across five years, Debt to Equity topped out at $0.5 in Q4 2023 and bottomed at $0.27 in Q4 2021.
  • Average Debt to Equity over 5 years is $0.39, with a median of $0.4 recorded in 2023.
  • The sharpest move saw Debt to Equity surged 310511.87% in 2021, then dropped 28.6% in 2025.
  • Year by year, Debt to Equity stood at $0.27 in 2021, then skyrocketed by 72.29% to $0.46 in 2022, then increased by 8.15% to $0.5 in 2023, then dropped by 13.61% to $0.43 in 2024, then decreased by 28.6% to $0.31 in 2025.
  • Business Quant data shows Debt to Equity for VOYA at $0.31 in Q4 2025, $0.42 in Q3 2025, and $0.33 in Q2 2025.