Voya Financial (VOYA) Net Margin (2012 - 2026)
Voya Financial's (VOYA) quarterly Net Margin came in at 4.75% in Q2 2026, down 343.0% on a YoY basis from 1.95% in Q2 2025, and down 41.57% quarter-over-quarter from 8.12% in Q1 2026.
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Voya Financial (VOYA) Net Margin (2012 - 2026) Analysis & Trends
Voya Financial (VOYA) has reported Net Margin for 15 consecutive years, with 4.75% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin fell 343.0% year-over-year to 4.75%; the trailing twelve-month figure through Jun 2026 stood at 6.94% (up 73.0% YoY), and the FY2025 full-year result was 7.49%, down 29.0% from the prior year.
- Net Margin retreated to 4.75% in Q2 2026 per VOYA's latest filing, from 8.12% in the prior quarter.
- Across five years, Net Margin topped out at 13.6% in Q3 2023 and bottomed at 3.59% in Q1 2022.
- Historically, Net Margin has averaged 7.68% across 5 years, with a median of 7.59% in 2026.
- The sharpest annual moves came in 2022 and 2024: Net Margin slumped 22220 bps in 2022, then jumped 765 bps in 2024.
- Over 5 years, Net Margin stood at 12.22% in 2022, then sank by 47 bps to 6.49% in 2023, then dropped by 29 bps to 4.63% in 2024, then jumped by 39 bps to 6.44% in 2025, then fell by 26 bps to 4.75% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 4.75%, 8.12%, and 6.44% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 165.77 Bn | 152.13 Bn | - | 27.15% |
| 2 | Spdr Gold Trust | 141.23 Bn | -416.77 Bn | - | - |
| 3 | World Gold Trust | 29.62 Bn | -73.45 Bn | - | - |
| 4 | Ishares Gold Trust | 27.46 Bn | -32.65 Bn | - | - |
| 5 | Principal Financial | 25.26 Bn | -27.00 Bn | 1.91 Bn | 11.02% |
| 6 | iShares Silver Trust | 23.22 Bn | -4.99 Bn | - | - |
| 7 | Invesco | 13.47 Bn | 13.19 Bn | 1.79 Bn | 18.91% |
| 8 | Voya Financial | 9.20 Bn | 8.58 Bn | 1.34 Bn | 4.75% |
| 9 | Affiliated Managers | 9.20 Bn | 9.69 Bn | - | 37.05% |
| 10 | Victory Capital Holdings | 6.56 Bn | 6.49 Bn | - | 24.21% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.75% |
| Mar 31, 2026 | 8.12% |
| Dec 31, 2025 | 6.44% |
| Sep 30, 2025 | 8.27% |
| Jun 30, 2025 | 8.18% |
| Mar 31, 2025 | 7.06% |
| Dec 31, 2024 | 4.63% |
| Sep 30, 2024 | 5.01% |
| Jun 30, 2024 | 9.89% |
| Mar 31, 2024 | 11.41% |
| Dec 31, 2023 | 6.49% |
| Sep 30, 2023 | 13.60% |
| Jun 30, 2023 | 8.23% |
| Mar 31, 2023 | 3.76% |
| Dec 31, 2022 | 12.22% |
| Sep 30, 2022 | 12.34% |
| Jun 30, 2022 | 4.20% |
| Mar 31, 2022 | 3.59% |
| Dec 31, 2021 | 234.42% |
| Sep 30, 2021 | 7.07% |