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Voya Financial VOYA Employee Benefits — Other Operating Expenses

Other segment segments

Wealth Solutions
$1.44B+14.3%

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 20, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Voya Financial's employee benefits — other operating expenses?
Voya Financial (VOYA) reported employee benefits — other operating expenses of $242.5M in Q4 2025.
How has Voya Financial's employee benefits — other operating expenses changed year-over-year?
Voya Financial's employee benefits — other operating expenses increased by 2.0% year-over-year, from $237.75M to $242.5M.
What is the long-term trend for Voya Financial's employee benefits — other operating expenses?
Over 4 years (2021 to 2025), Voya Financial's employee benefits — other operating expenses has grown at a 18.3% compound annual growth rate (CAGR), from $496M to $970M.
What does employee benefits — other operating expenses mean?
Includes all administrative, general, and operational expenses required to run the Employee Benefits segment, excluding direct policy benefits and amortization. This captures the overhead and efficiency of the segment's operations.