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

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:LiabilityForFuturePolicyBenefitExpectedNetPremiumCumulativeIncreaseDecreaseOfActualVarianceFromExpectedExperience.

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 businesses exited — effect of actual variances from expected experience?
Voya Financial (VOYA) reported businesses exited — effect of actual variances from expected experience of $12M in Q1 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 decreased by 20.0% year-over-year, from $15M to $12M.
What does businesses exited — effect of actual variances from expected experience mean?
Measures the difference between actual insurance experience and the actuarial expectations for exited business segments. This captures the financial impact of deviations in claim patterns or policyholder behavior compared to the models used to set the initial liability.