Skip to content
Screener

Voya Financial VOYA Investment Management — Amortization of DAC and VOBA

Similar metrics at other companies

Lincoln National logo
LNCAnnuities — Amortization of DAC and VOBA
$119.75M+12.2%
Lincoln National logo
LNCGroup Protection — Amortization of DAC and VOBA
$30.5M+9.9%
Lincoln National logo
LNCLife Insurance — Amortization of DAC and VOBA
$127.75M+1.6%
Lincoln National logo
LNCOther Operations — Amortization of DAC and VOBA
$0
Lincoln National logo
LNCRetirement Plan Services — Amortization of DAC and VOBA
$4.75M+5.6%
MetLife logo
METAsia — Amortization of DAC, VOBA and negative VOBA
-$214M+4.0%

Other financials

Income statement

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

Balance sheet

See full
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

See full
Operating cash flow$503.0M-32.2%

Valuation

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

Profitability

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

Returns & leverage

See full
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 voya:SupplementaryInsuranceInformationAmortizationOfDeferredPolicyAcquisitionCostsAndValueOfBusinessAcquiredVoba.

The source filing: Voya Financial’s 10-K, filed February 20, 2026.

Filed
Feb 20, 2026, 4:17 PM EST
Fiscal year
FY2025
Accession
0001535929-26-000043
SegmentNet Investment Income (1)(2)Premiums and Fee Income (1)(2)Interest Credited and Other Benefits to Contract OwnersAmortization of DAC and VOBAOther Operating Expenses(1)(2)Premiums Written (Excluding Life)
2025
Retirement$1,970$1,406$919$110$1,441
Investment Management26992847
Employee Benefits1602,9822,230409702,222
Corporate162(72)21299189
Total$2,318$5,308$3,361$249$3,447$2,222
2024
Retirement$1,735$1,151$834$83$1,261

Item 8. Financial Statements and Supplementary Data

FAQ

What is Voya Financial's investment management — amortization of DAC and VOBA?
Voya Financial (VOYA) reported investment management — amortization of DAC and VOBA of $0 in Q4 2025.
What does investment management — amortization of DAC and VOBA mean?
This represents the periodic expense recognized for the systematic write-down of deferred policy acquisition costs and the value of business acquired. It reflects the allocation of upfront costs associated with securing long-term insurance or investment contracts over the expected life of those contracts.

Ask your AI about Voya Financial's investment management — amortization of dac and voba.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude