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Voya Financial VOYA business exited — Adjusted balance at January 1

Other segment segments

Health Solutions Group
$766M0.0%
Health Solutions Voluntary
$535M+4.9%

Other financials

Income statement

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Revenue$2.0B+3.1%
Net income$182.0M+16.7%
EPS (diluted)$1.75+23.2%

Balance sheet

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Cash & equivalents$1.1B+7.9%
Total debt$2.5B+18.8%
Total equity$4.7B+6.3%
Total assets$173.43B+5.8%

Cash flow

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Operating cash flow-$36.0M+79.9%

Valuation

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Market cap$8.18B-2.1%
Enterprise value$9.59B+2.4%
P/E12×-2.6×
P/S-0.1×

Profitability

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Net margin8.2%+1.1pp
FCF margin26.1%

Returns & leverage

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Return on equity15%+1.6pp
Debt / equity0.5×+0.1×

Where this comes from

Reported directly by Voya Financial in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForFuturePolicyBenefitExpectedFutureBenefitOriginalDiscountRateBeforeReinsuranceAfterCashFlowChange.

The official record: Voya Financial’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Voya Financial's business exited — adjusted balance at january 1?
Voya Financial (VOYA) reported business exited — adjusted balance at january 1 of $6.51B in Q1 2026.
How has Voya Financial's business exited — adjusted balance at january 1 changed year-over-year?
Voya Financial's business exited — adjusted balance at january 1 decreased by 8.9% year-over-year, from $7.14B to $6.51B.
What does business exited — adjusted balance at january 1 mean?
This metric represents the opening carrying value of assets or liabilities associated with exited business segments at the start of the fiscal year, adjusted for any prior period corrections or accounting changes. It serves as the baseline for tracking the run-off or liquidation of non-core business activities throughout the reporting period. It is essential for reconciling the movement of legacy balances over time.