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Voya Financial VOYA Corporate — Premiums and Fee Income

Discontinued — last reported Q4 '23

Other segment segments

Wealth Solutions
$1.41B+22.2%

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:SupplementaryInsuranceInformationPremiumRevenue.

The official record: Voya Financial’s 10-K, filed February 23, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Voya Financial's corporate — premiums and fee income?
Voya Financial (VOYA) reported corporate — premiums and fee income of -$6.25M in Q4 2023.
How has Voya Financial's corporate — premiums and fee income changed year-over-year?
Voya Financial's corporate — premiums and fee income increased by 3.8% year-over-year, from -$6.5M to -$6.25M.
What is the long-term trend for Voya Financial's corporate — premiums and fee income?
Over 2 years (2021 to 2023), Voya Financial's corporate — premiums and fee income has grown at a -93.3% compound annual growth rate (CAGR), from -$5.61B to -$25M.
What does corporate — premiums and fee income mean?
The total revenue derived from insurance premiums and service fees charged to clients. This metric combines the core underwriting revenue with the fee-based income generated from asset management or administrative services.