Non-Guarantor Subsidiaries was Voya Financial’s largest revenue line in fiscal 2017, bringing in $7.20B of $7.24B (99%).
| Consolidated Entities | FY 2015 | FY 2016 | FY 2017 |
|---|---|---|---|
| Non-Guarantor Subsidiaries | $8.72B | $8.78B | $7.20B |
| Parent Issuer | $5.00M | $21.00M | $41.00M |
| Subsidiary Guarantor | — | — | $1.00M |
| Total | $8.73B | $8.80B | $7.24B |
Voya Financial brought in $7.24B from its three revenue lines in fiscal 2017, the year ended December 31, 2017. Voya Financial regrouped these revenue lines after fiscal 2016, so the total does not compare directly with that year's $8.80B. Non-Guarantor Subsidiaries was the largest at $7.20B (99.4%), ahead of Parent Issuer at $41.00M (0.6%) and Subsidiary Guarantor at $1.00M (0.0%).
Voya Financial began breaking out Subsidiary Guarantor in fiscal 2017, when it brought in $1.00M.
Before Consolidation was Voya Financial’s largest revenue line in fiscal 2017, bringing in $6.93B of $7.23B (96%).
| Legal Entity | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 |
|---|---|---|---|---|---|---|---|
| Before Consolidation | $10.53B | $8.30B | — | $6.93B | |||
| Before Consolidation(1) | — | — | $8.65B | — | |||
| Voes | $410.30M | — | — | — | |||
| Lps & Voes | — | — | $71.00M | $350.00M | |||
| Voes & Lps | — | $228.00M | — | — | |||
| Clos | $257.30M | $312.00M | $118.00M | $82.00M | |||
| Parent Issuer | — | — | — | — | |||
| Subsidiary Guarantor | — | — | — | — | |||
| Consolidating Adjustments | — | — | — | — | |||
| Clos Adjustments | -$49.50M | -$55.00M | — | -$11.00M | |||
| Clos Adjustments(2) | — | — | -$24.00M | — | |||
| Lps & Voes Adjustments | — | — | — | -$117.00M | |||
| Lps & Voes Adjustments(2) | — | — | -$30.00M | — | |||
| Voes Adjustments | -$163.30M | -$71.00M | — | — | |||
| Total | $10.99B | $8.72B | $8.79B | $7.23B |
Voya Financial brought in $7.23B from its five revenue lines in fiscal 2017, the year ended December 31, 2017. Voya Financial regrouped these revenue lines after fiscal 2016, so the total does not compare directly with that year's $8.79B. Before Consolidation was the largest at $6.93B (95.8%), ahead of Lps & Voes at $350.00M (4.8%) and Clos at $82.00M (1.1%).
Voya Financial began breaking out Lps & Voes in fiscal 2016 and Lps & Voes Adjustments in fiscal 2017. Voya Financial stopped reporting Before Consolidation(1) ($8.65B in fiscal 2016), Voes ($410.30M in fiscal 2014) and Voes & Lps ($228.00M in fiscal 2015) as separate revenue lines. The total is net of Clos Adjustments, which took $11.00M off revenue in fiscal 2017.
Previously Reported was Voya Financial’s largest revenue line in fiscal 2018, bringing in $7.16B of $7.16B (100%).
| Revision of Prior Period | FY 2018 |
|---|---|
| Previously Reported | $7.16B |
| Revision Of Prior Period, Adjustment | -$2.00M |
| Total | $7.16B |
Voya Financial brought in $7.16B from its two revenue lines in fiscal 2018, the year ended December 31, 2018. Previously Reported was the largest at $7.16B (100.0%).
The total is net of Revision Of Prior Period, Adjustment, which took $2.00M off revenue in fiscal 2018.
Voya Financial (VOYA) reports its revenue by consolidated entities, by legal entity and by revision of prior period. In fiscal 2017, Non-Guarantor Subsidiaries was its largest revenue line, bringing in $7.20B (99.4% of the total), followed by Parent Issuer at $41.00M (0.6%).
Non-Guarantor Subsidiaries was Voya Financial's largest revenue line in fiscal 2017, bringing in $7.20B, or 99.4% of the $7.24B total across its three revenue lines.
Every figure comes from Voya Financial's annual financial filings, as reported. Each line keeps the name Voya Financial gives it, and years follow its fiscal calendar.
Voya Financial's revenue by consolidated entities goes back to fiscal 2015, with figures through fiscal 2017. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.