Voya Financial VOYA
NYSE VOYA
$102.11 -0.07 (-0.07%)
At close: Nov 13, 2026 · 4:00 PM EST

Voya Financial (VOYA) FCF Margin (2012 - 2026)

Updated

Voya Financial (VOYA) recorded FCF Margin of 21.48% in Q3 2026, up 60.20 percentage points from -38.72% a year earlier and up 17.47 percentage points from the prior quarter.

Analysis

Voya Financial (VOYA) FCF Margin (2012 - 2026) Analysis & Trends

On a TTM basis, Voya Financial's FCF Margin came in at 1.48% as of Sep 30, 2026, up 26.27 percentage points year-over-year; for FY2025, it came in at -13.64%, up 2.05 percentage points from FY2024.

  • Annual FCF Margin has a five-year change of -17.27 percentage points (FY2020 to FY2025).
  • Across earlier years, FCF Margin came in at -15.69% in FY2024 (-21.31 pp), 5.62% in FY2023 (+22.25 pp), -16.63% in FY2022 (+34.07 pp) and -50.69% in FY2021 (-54.33 pp).
  • The Q3 2026 figure is the highest quarterly FCF Margin since Q2 2020.
  • On a year-over-year basis, FCF Margin rose in four of the last eight quarters, with an average year-over-year change of +5.27 percentage points.
  • Peak year-over-year performance for FCF Margin in the last five years was a gain of 207.07 percentage points in Q4 2022, against a drop of 231.41 percentage points in Q4 2021 at the low end.
  • Per Business Quant, the preceding three quarters came in at 4.01% (Q2 2026), -33.28% (Q1 2026) and 13.45% (Q4 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 BlackRock 189.07 Bn 145.60 Bn - 33.60%
2 Spdr Gold Trust 125.11 Bn -432.90 Bn - -
3 Brookfield 101.47 Bn -96.66 Bn - -
4 Blackstone 91.35 Bn 85.56 Bn - 62.59%
5 Kkr 87.89 Bn 54.59 Bn 1.76 Bn 46.12%
6 Brookfield Asset Management 82.34 Bn 77.22 Bn - 68.19%
7 Apollo Global Management 72.94 Bn 89.74 Bn 4.14 Bn 2.87%
8 Wheaton Precious Metals 59.70 Bn 59.70 Bn 538.50 Mn -
9 Ares Management 48.49 Bn 47.07 Bn 376.28 Mn -8.47%
10 Voya Financial 9.16 Bn 12.01 Bn 1.51 Bn 21.48%
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2026 21.48%
Jun 30, 2026 4.01%
Mar 31, 2026 -33.28%
Dec 31, 2025 13.45%
Sep 30, 2025 -38.72%
Jun 30, 2025 3.23%
Mar 31, 2025 -32.55%
Dec 31, 2024 -30.05%
Sep 30, 2024 9.25%
Jun 30, 2024 -39.55%
Mar 31, 2024 -1.76%
Dec 31, 2023 -4.45%
Sep 30, 2023 13.49%
Jun 30, 2023 20.95%
Mar 31, 2023 -7.85%
Dec 31, 2022 -27.72%
Sep 30, 2022 11.60%
Jun 30, 2022 -27.69%
Mar 31, 2022 -19.19%
Dec 31, 2021 -234.78%
API Access

Voya Financial FCF Margin API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=fcf-margin&ticker=VOYA&period=max&api_key=YOUR_API_KEY