Voya Financial (VOYA) Invested Capital (2011 - 2026)
Voya Financial (VOYA) recorded Invested Capital of $7.14 billion in Q3 2026, down 16.7% from $8.57 billion a year earlier and down 11.6% from the prior quarter.
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Analysis
Voya Financial (VOYA) Invested Capital (2011 - 2026) Analysis & Trends
For FY2025, Voya Financial reported Invested Capital of $8.92 billion, up 7.6% from FY2024.
- Annual Invested Capital has increased for three straight years, though with a five-year compound annual growth rate of -8.9% (FY2020 to FY2025).
- Across earlier years, Invested Capital came in at $8.29 billion in FY2024 (+11.5%), $7.44 billion in FY2023 (+11.0%), $6.7 billion in FY2022 (-45.4%) and $12.26 billion in FY2021 (-13.8%).
- The Q3 2026 figure is the lowest quarterly Invested Capital since Q3 2023.
- On a year-over-year basis, Invested Capital rose in six of the last eight quarters, with growth averaging 2.2%.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 40.0% in Q3 2024, against a decline of 45.4% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $8.07 billion (Q2 2026), $8.98 billion (Q1 2026) and $8.92 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 189.07 Bn | 145.60 Bn | - | 76.67 Bn |
| 2 | Spdr Gold Trust | 125.11 Bn | -432.90 Bn | - | - |
| 3 | Brookfield | 101.47 Bn | -96.66 Bn | - | 191.55 Bn |
| 4 | Blackstone | 91.35 Bn | 85.56 Bn | - | 32.99 Bn |
| 5 | Kkr | 87.89 Bn | 54.59 Bn | 1.76 Bn | 129.79 Bn |
| 6 | Brookfield Asset Management | 82.34 Bn | 77.22 Bn | - | 15.28 Bn |
| 7 | Apollo Global Management | 72.94 Bn | 89.74 Bn | 4.14 Bn | 38.04 Bn |
| 8 | Wheaton Precious Metals | 59.70 Bn | 59.70 Bn | 538.50 Mn | 10.05 Bn |
| 9 | Ares Management | 48.49 Bn | 47.07 Bn | 376.28 Mn | 13.25 Bn |
| 10 | Voya Financial | 9.16 Bn | 12.01 Bn | 1.51 Bn | 7.14 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.14 Bn |
| Jun 30, 2026 | 8.07 Bn |
| Mar 31, 2026 | 8.98 Bn |
| Dec 31, 2025 | 8.92 Bn |
| Sep 30, 2025 | 8.57 Bn |
| Jun 30, 2025 | 8.04 Bn |
| Mar 31, 2025 | 7.85 Bn |
| Dec 31, 2024 | 8.29 Bn |
| Sep 30, 2024 | 8.88 Bn |
| Jun 30, 2024 | 7.79 Bn |
| Mar 31, 2024 | 7.80 Bn |
| Dec 31, 2023 | 7.44 Bn |
| Sep 30, 2023 | 6.34 Bn |
| Jun 30, 2023 | 7.20 Bn |
| Mar 31, 2023 | 7.75 Bn |
| Dec 31, 2022 | 6.70 Bn |
| Sep 30, 2022 | 7.55 Bn |
| Jun 30, 2022 | 7.47 Bn |
| Mar 31, 2022 | 9.40 Bn |
| Dec 31, 2021 | 12.26 Bn |
API Access
Voya Financial Invested Capital 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=invested-capital&ticker=VOYA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "VOYA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=VOYA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();