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Voya Financial VOYA Employee Benefits Voluntary — Adjusted balance at January 1

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HMNTerm Life — Adjusted balance
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HMNWhole Life — Adjusted balance
$615.3M-1.0%
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HMNExperience life — Adjusted balance
$755.9M-3.3%
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METAccident & health insurance — Adjusted balance
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HMNSPIA (life contingent) — Adjusted balance
$101.6M-4.3%
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HMNLimited-Pay Whole Life — Adjusted balance
$118.6M+2.8%

Other financials

Income statement

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

Balance sheet

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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

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Operating cash flow$503.0M-32.2%

Valuation

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

Profitability

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

Returns & leverage

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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:LiabilityForFuturePolicyBenefitExpectedFutureBenefitOriginalDiscountRateBeforeReinsuranceAfterCashFlowChange.

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:
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)
Ending balance at original discount rate8128025365176,3306,494

Item 1. Financial Statements

FAQ

What is Voya Financial's employee benefits voluntary — adjusted balance at january 1?
Voya Financial (VOYA) reported employee benefits voluntary — adjusted balance at january 1 of $548M in Q2 2026.
How has Voya Financial's employee benefits voluntary — adjusted balance at january 1 changed year-over-year?
Voya Financial's employee benefits voluntary — adjusted balance at january 1 increased by 6.0% year-over-year, from $517M to $548M.
What does employee benefits voluntary — adjusted balance at january 1 mean?
This represents the opening balance of the insurance liability account at the start of the fiscal year, adjusted for any prior-period restatements or accounting policy changes. It provides the baseline against which current-year movements in liabilities are measured. It ensures continuity and comparability of financial data across reporting periods.

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