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Voya Financial VOYA Closed Blocks — Supplementary Insurance Information Other Operating Expense

Discontinued — last reported Q4 '15

Similar metrics at other companies

Unum logo
UNMClosed Block — All Other Expenses
$78.25M+28.8%
Unum logo
UNMClosed Block — Benefits, Losses and Expenses
$579.8M+18.4%
Unum logo
UNMClosed Block — Other
$1.42B-4.2%
Unum logo
UNMClosed Block — Adjusted Benefits and Expenses
$424.5M-15.4%
Equitable Holdings logo
EQHClosed Block Operations, Benefits and Expense
Equitable Holdings logo
EQHOther operating costs and expenses

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:SupplementaryInsuranceInformationOtherOperatingExpense.

The official record: Voya Financial’s 10-K, filed February 25, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does closed blocks — supplementary insurance information other operating expense mean?
The administrative and overhead costs of running the legacy insurance segment.
How do you interpret closed blocks — supplementary insurance information other operating expense?
Lower operating expenses relative to the size of the block indicate better operational efficiency in managing runoff business.
How does closed blocks — supplementary insurance information other operating expense compare across companies?
Comparable to administrative and operating expenses for legacy or runoff insurance segments at peer firms.