Voya Financial (VOYA) Invested Capital (2012 - 2026)
Voya Financial (VOYA) recorded Invested Capital of $8.52 billion in Q2 2026, up 0.9% from $8.44 billion a year earlier but down 5.2% from the prior quarter.
Voya Financial (VOYA) Invested Capital (2012 - 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 (+3.9%), $7.98 billion in FY2023 (+12.9%), $7.07 billion in FY2022 (-42.4%) and $12.26 billion in FY2021 (-13.8%).
- Quarterly Invested Capital has ranged from $6.88 billion in Q3 2023 to $12.97 billion in Q3 2021 over the past five years.
- On a year-over-year basis, Invested Capital has increased for 11 consecutive quarters, with growth averaging 8.2% over the last eight quarters.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 29.1% in Q3 2024, against a decline of 42.4% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $8.98 billion (Q1 2026), $8.92 billion (Q4 2025) and $8.97 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 175.01 Bn | 121.14 Bn | - | 70.58 Bn |
| 2 | Spdr Gold Trust | 132.74 Bn | -425.26 Bn | - | - |
| 3 | Blackstone | 93.55 Bn | 83.53 Bn | - | 34.26 Bn |
| 4 | Brookfield | 85.02 Bn | -98.29 Bn | - | 18.80 Bn |
| 5 | Kkr | 82.57 Bn | 2.72 Bn | - | 130.86 Bn |
| 6 | Brookfield Asset Management | 75.39 Bn | 70.20 Bn | - | 12.65 Bn |
| 7 | Apollo Global Management | 67.25 Bn | -15.54 Bn | 10.56 Bn | 55.21 Bn |
| 8 | Wheaton Precious Metals | 54.86 Bn | 50.28 Bn | 687.86 Mn | 11.68 Bn |
| 9 | Ameriprise Financial | 45.21 Bn | 6.63 Bn | 4.72 Bn | 12.90 Bn |
| 10 | Voya Financial | 8.77 Bn | 6.62 Bn | 1.34 Bn | 8.52 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.52 Bn |
| Mar 31, 2026 | 8.98 Bn |
| Dec 31, 2025 | 8.92 Bn |
| Sep 30, 2025 | 8.97 Bn |
| Jun 30, 2025 | 8.44 Bn |
| Mar 31, 2025 | 8.25 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 | 7.98 Bn |
| Sep 30, 2023 | 6.88 Bn |
| Jun 30, 2023 | 7.60 Bn |
| Mar 31, 2023 | 7.76 Bn |
| Dec 31, 2022 | 7.07 Bn |
| Sep 30, 2022 | 7.92 Bn |
| Jun 30, 2022 | 7.68 Bn |
| Mar 31, 2022 | 9.59 Bn |
| Dec 31, 2021 | 12.26 Bn |
| Sep 30, 2021 | 12.97 Bn |
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_KEY
import 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();