Voya Financial (VOYA) Operating Margin (2012 - 2026)
Voya Financial's (VOYA) quarterly Operating Margin came in at 28.02% in Q1 2026, down 43.0% YoY from 49.15% in Q1 2025, and down 65.02% on a QoQ basis from 80.08% in Q4 2025.
Voya Financial (VOYA) Operating Margin (2012 - 2026) Analysis & Trends
Voya Financial (VOYA) has 15 years of Operating Margin data on file, last reported at 28.02% in Q1 2026.
- Quarterly Operating Margin fell 43.0% year-over-year to 28.02% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 33.83% (up 264.0% YoY) and the FY2025 annual result came in at 79.6%, up 1430.0% from the prior year.
- Operating Margin declined to 28.02% in Q1 2026, from 80.08% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 86.14% in Q3 2022 to a low of 28.07% in Q4 2022.
- A 5-year average of 40.31% and a median of 29.48% in 2025 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2022 — Operating Margin slumped 27191 bps — and 2024, when it soared 8451 bps.
- Tracing VOYA's Operating Margin over 5 years: stood at 28.07% in 2022, then jumped by 34 bps to 18.56% in 2023, then soared by 455 bps to 65.95% in 2024, then advanced by 21 bps to 80.08% in 2025, then tumbled by 65 bps to 28.02% in 2026.
- The last three Operating Margin figures came in at 28.02% (Q1 2026), 80.08% (Q4 2025), and 27.4% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Orix | 41.94 Bn | 28.12 Bn | 4.68 Bn | -0.03% |
| 2 | Freedom Holding | 9.87 Bn | 9.87 Bn | 697.28 Mn | 0.76% |
| 3 | Voya Financial | 8.86 Bn | 6.51 Bn | 1.34 Bn | 28.32% |
| 4 | Hilltop Holdings | 2.23 Bn | 240.07 Mn | 41.62 Mn | -509.31% |
| 5 | LendingTree | 427.47 Mn | 316.70 Mn | 88.82 Mn | 6.95% |
| 6 | BRC Group Holdings | 263.92 Mn | 109.81 Mn | 207.76 Mn | 15.97% |
| 7 | Teamshares | 62.05 Mn | 62.05 Mn | 61.42 Mn | 2.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 28.32% |
| Mar 31, 2026 | 28.02% |
| Dec 31, 2025 | 80.08% |
| Sep 30, 2025 | 27.40% |
| Jun 30, 2025 | 29.48% |
| Mar 31, 2025 | 28.44% |
| Dec 31, 2024 | 65.95% |
| Sep 30, 2024 | 25.87% |
| Jun 30, 2024 | 25.48% |
| Mar 31, 2024 | 66.13% |
| Dec 31, 2023 | -18.56% |
| Sep 30, 2023 | 80.21% |
| Jun 30, 2023 | 29.13% |
| Mar 31, 2023 | 79.56% |
| Dec 31, 2022 | -28.07% |
| Sep 30, 2022 | 86.14% |
| Jun 30, 2022 | 38.12% |
| Mar 31, 2022 | 41.83% |
| Dec 31, 2021 | 243.84% |
| Sep 30, 2021 | 36.39% |