Skip to content
Screener

Voya Financial VOYA Businesses Exited — Effect of actual variances from expected experience

Similar metrics at other companies

MetLife logo
METFixed Annuity — Effect of actual variances from expected experience
$4M+500%
Assured Guaranty logo
AGOAnnuity Reinsurance — Effect of actual variances from expected experience
$1M
MetLife logo
METAccident & health insurance — Effect of actual variances from expected experience
-$77M+63.0%
MetLife logo
METFixed & Immediate Annuities — Effect of actual variances from expected experience
-$30M+70.0%
MetLife logo
METLong-term Care — Effect of actual variances from expected experience
$107M+312%
MetLife logo
METWhole and Term Life & Endowments — Effect of actual variances from expected experience
-$12M+72.1%

Other financials

Income statement

See full
Revenue$1.9B-4.3%
Net income$94.0M-43.4%
EPS (diluted)$0.97-41.6%

Balance sheet

See full
Cash & equivalents$1.1B-17.9%
Total debt$2.1B0.0%
Total equity$4.7B+1.2%
Total assets$182.95B+6.1%

Cash flow

See full
Operating cash flow$503.0M-32.2%

Valuation

See full
Market cap$9.08B+28.8%
Enterprise value$10.09B+28.9%
P/E14.9×+1.7×
P/S1.1×+0.2×

Profitability

See full
Net margin7.4%+0.7pp
FCF margin26.1%

Returns & leverage

See full
Return on equity13.1%+0.8pp
Debt / equity0.4×0.0×

Where this comes from

Reported directly by Voya Financial in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitCumulativeIncreaseDecreaseOfActualVarianceFromExpectedExperience.

The source filing: Voya Financial’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001535929-26-000157
Present Value of Expected Future Policy Benefits:Present Value of Expected Future Policy Benefits:Present Value of Expected Future Policy Benefits:Present Value of Expected Future Policy Benefits:Present Value of Expected Future Policy Benefits:
Balance at January 1$$792$$772$$498$$461$$6,527$$7,017
Beginning balance at original discount rate8028015174876,4947,138
Effect of change in cash flow assumptions(5)(12)(244)
Effect of actual variances from expected experience(11)(30)316027(57)
Adjusted balance at January 17917665485356,5216,837
Issuances92102513
Interest accrual1217914165351
Benefit payments(83)(83)(21)(32)(361)(707)

Item 1. Financial Statements

FAQ

What is Voya Financial's businesses exited — effect of actual variances from expected experience?
Voya Financial (VOYA) reported businesses exited — effect of actual variances from expected experience of $27M in Q2 2026.
How has Voya Financial's businesses exited — effect of actual variances from expected experience changed year-over-year?
Voya Financial's businesses exited — effect of actual variances from expected experience increased by 169.2% year-over-year, from -$39M to $27M.
What does businesses exited — effect of actual variances from expected experience mean?
This metric measures the financial impact of deviations between actual operational experience and the actuarial assumptions previously set for exited business segments. It highlights the volatility inherent in legacy portfolios where actual claims or policyholder behavior differ from initial projections. This provides insight into the accuracy of the company's modeling for non-core business lines.

Ask your AI about Voya Financial's businesses exited — effect of actual variances from expected experience.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude